Fevertree Drinks Share Discussion Threads

[yf23_1] 26/1/2023 18:48

Its a short term short, that's for sure.
Ridiculous P/E for a company in a strategic mess.

[billyboy2fromiii] 26/1/2023 17:17

Hi,

Even allowing for today’s drop in sp, I have calculated that P/E Ratio based upon projected Net Profit for 31/12/22 is about 46 and for 31/12/23 is about 45.

So revenue is projected to grow but the significant cost increased will lower EBITDA and Net Profit resulting in a much higher P/E ratio than today’s 28.
To reflect todays P/E of 28, the so would need to fall to approx £6.18 from today’s £10.20.
On that basis, has the so got further to fall before representing good value?
Thoughts?

[montyhedge] 26/1/2023 15:21

I can't understand why the market gives this a high p.e rating.Have they got their followers whatever the figures. It is a good product.

[wetdream] 26/1/2023 15:07

Need to get the header updated:

Major Shareholding

Name. %
Lindsell Train Investment Mgt. 14.07.
Capital Group. 8.51.
Fundsmith. 7.65.
Charles Rolls. 4.88.
Tim Warillow. 4.78.
Baillie Gifford. 4.03.
NinetyOne. 3.74.

[dil 21] 26/1/2023 11:32

Nail on head Tiger. Forecasting sales growth and flat EBIDTA next year.

[edwardt] 26/1/2023 10:20

well i was wrong obviously albeit i think there is undoubtedly some uncertainty as to whether that £20m headwind will be real or not. comparing prices to pre 21 would of course be higher. spot prices today will have fallen significantly from their highest point. can we agree on that?

[castleford tiger] 26/1/2023 09:19

in Nov I warned UK sales were poor.

EDWARDT tells us glass is down a chunk.!!

However, the impact of elevated European energy costs into glass bottle pricing will be material in 2023. Whilst energy pricing has recently reduced, it remains volatile and at least three times higher than 2021 levels, impacting both the cost of raw materials and the direct energy cost in glass manufacture.

-- As a glass-led business, with c.80% of our sales mix in glass bottles, we are particularly exposed to this significant headwind. We now estimate that the direct energy component of glass manufacture alone represents a c.GBP20m additional cost to the business in 2023 compared to our prevailing glass pricing in Q1 2022

The above backs me up that glass is still going up in price.

I expect more bad news to come especially on MARGINS

Tiger

[blondviking] 26/1/2023 08:29

Positive trading statement, i can't see the negatives that the market can see. buying opportunities as this has been overdone IMO

[topvest] 26/1/2023 08:29

A very poor UK performance. Most UK drink companies are increasing revenues by 10% due to inflation. Fevertree -2%. Very poor. Profit warning on glass as well. Overvalued.

[martywidget] 25/1/2023 15:28

26th January 2023 - FY22 Pre-close trading update

March 2023 FY22 - Preliminary Results

[panache1] 25/1/2023 11:59

Does anyone know when the trading stmt is due ?

[castleford tiger] 25/1/2023 09:28

Cost of glass down a chunk

Really?

tiger

[edwardt] 19/1/2023 20:59

Transatlantic freight rates have plummeted.Cost of glass down a chunk.Headwinds turning to tailwinds.

[uncle_sam] 10/1/2023 13:57

...nb, Swissair.

[uncle_sam] 10/1/2023 13:56

FWIW, just arrived into Singapore from London and was pleased to see Fevertree on the drinks trolley as their standard tonic for G&T's. Nice.

[castleford tiger] 29/12/2022 09:23

gipps

It was not great.
We have lost a few smaller pubs and lots closed over the last few days due to staff shortages etc ( so missed some trade)
January will be tough ( a fair few pubs closing some big chunks of January) and I think it will be spring before we see the light.

tiger

Bulltradept.....The filter button is there for a reason. Use it. Happy new year. x

[gipps] 28/12/2022 20:02

Hi Tiger how was the Christmas trade for you ?

[castleford tiger] 29/11/2022 16:29

too high in my opinion.

margins trashed and retail poor.

no position but i am a regional distributor.

[wetdream] 28/11/2022 12:49

PEG Factor 4.54!
WTF?!

[albert arthur] 24/11/2022 12:15

Blackrock have short covered 1.8% of short in #FEVR since November 15th, the price has risen 11.51% since. One to watch, expect continued covering. They still hold a 4.47% short there.Graphs here: https://twitter.com/albert__arthur/status/1595747220724355073?s=46&t=190Bl7cmfKf_th4tMgZu7g

[bigbigdave] 23/11/2022 15:40

Chart looking great now, bowling back up nicely.