Fevertree Drinks Share Discussion Threads

[bulltradept] 18/10/2023 12:19

FFS, we get it you don't get Fevr!

[castleford tiger] 17/10/2023 22:49

Well they made 1 p a share in first half.
So it stands at 1000 x ( admittedly
Half a years numbers )

[bulltradept] 13/10/2023 12:32

You tell us!

The AIM 100 has, this years, experienced a slow motion crash, one wonders if this is the fore runner to a decent correction in LSE Indexes in the coming weeks and months?

[castleford tiger] 10/10/2023 11:55

good luck.
remind me whats EPS are this year?

[panache1] 06/10/2023 09:57

Could be a good entry point close to £10. I'm in

[bulltradept] 04/10/2023 08:21

Perhaps £10 and below is calling?

[bulltradept] 04/10/2023 08:18

Gap now closed, but with the US potentially going into recession soon and rising rates...

[castleford tiger] 15/9/2023 17:47

I remain of the opinion it’s over valued.
Not for me

[gipps] 14/9/2023 13:48

Director buys

[rmillaree] 12/9/2023 16:00

"Agree Edward, forward looking is more positive. However, 30p consensus forecast for 24 is implying forward pe of around 47. Way too rich!"

Its pretty obvious to anyone that they are accepting lower margins to get global presence - if they could return to anything like the goilden oldy day ref margins when a mature buisness its pretty obvious that this company could be making pots of cash and have much lower pe multiple than they currently have. To ignore the fact they have had short term issues ref inflatinonary costs and its always going to be more costly to "expand quickly" seems silly.

I would agree its uncertain as to whether they will ever retain their former glories with regard to any country they do business in - but to say this company is worth peanuts seeming to be ignoring the decent global brand they are building and decent future potential.

Note this used to be my biggest holding and i currently own zero shares as i was lucky enough to exit ata higher pirce - so whilst still being positive overall ref the future - at present its not exactly the stockm that jumps out as being the best risk reward.

In some respects i am a little surprised that bigger brands didnt come sniffing around when price was sub 1000p but there ya go who would pay any sort of premium at present with ongoing world uncertainty.

[kalai1] 12/9/2023 13:32

Fevertree Drinks plc posted Interims for the HY ended 30th June this morning. The Group recorded revenue growth of 9% year-on-year to £175.6m, with a standout performance in the US of +40% growth which is now the Group's largest region by revenue contribution. Profits were held back a little driven by product cost headwinds, partially offset by efficiency projects, adjusted EBITDA dropped 54% to £10.2m. EPS was down more dramatically by 90% to 1.2p. Valuation remains the main cloud for the investment case with forward PE ratio at 47.9x looking a little prohibitive. The share has a market cap of over £1.5b on statutory net profit of under £25m. There is lots of growth here, but FEVR remains a share to monitor at current prices...

...from WealthOracle

[johndoe23] 12/9/2023 10:41

Fair play. I've learned never to go against momentum!

[edwardt] 12/9/2023 10:27

hey - all i see is Mr Market is agreeing with me! the fact it is now up today does tell you the bad news was probably known knowns.

[f15jcm] 12/9/2023 10:09

The US growth wasn't all organic as they acquired Powell & Mahoney in July last year so none of that revenue was present in H1 '22

[edwardt] 12/9/2023 09:51

it is rich but i would have thought Pepsi might not think so if the US cagr can be sustained. it is a 10x larger market than uk after all.

[johndoe23] 12/9/2023 09:47

Agree Edward, forward looking is more positive. However, 30p consensus forecast for 24 is implying forward pe of around 47. Way too rich!

[edwardt] 12/9/2023 09:42

24 ebitda margins has been revised up from consensus expectations to 15% - as i say, that is where the market should be looking. anyway,agree the results were not exactly great but the muted share price reaction is right imo.

[johndoe23] 12/9/2023 09:04

1.2p EPS half year, let's say 2.5 full year. 500 times earnings anyone?!

[johndoe23] 12/9/2023 09:02

There's no way this is currently worth more than 1000p

[terminator101] 12/9/2023 08:53

Defying gravity more like.

[johndoe23] 12/9/2023 08:11

And then recovers, as per!

[johndoe23] 12/9/2023 08:05

Looks like opening way lower

[gswredland] 12/9/2023 07:54

Agree John.
This often happens with FEVR

[johndoe23] 12/9/2023 07:40

For some reason this stock defies logic regarding share price movements. But yes, should be marked down