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1. Company Snapshot

1.a. Company Description

Fevertree Drinks Plc, together with its subsidiaries, develops and supplies premium mixer drinks in the United Kingdom, the United States, Europe, and internationally.The company's products include Indian tonic water, Mediterranean tonic water, elderflower tonic water, Clementine tonic water, ginger beer, ginger ale, and cola distillers.It sells its products under Fever-Tree brand name to pubs, bars, and restaurants.


The company was formerly known as Fevertree Topco Limited and changed its name to Fevertree Drinks Plc in October 2014.Fevertree Drinks Plc was incorporated in 2013 and is headquartered in London, the United Kingdom.

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1.b. Last Insights on FEVR

Fevertree Drinks PLC's recent performance was driven by a significant partnership with Molson Coors, which acquired an 8.5% stake in the company, granting exclusive rights to market Fevertree's products in the US. This deal is expected to drive low-single-digit growth in 2025, double-digit growth in 2026, and sustained medium-term revenue increases. Additionally, the company's revenue grew 1.1% to £368.5m in FY 2024, with sales of soft drinks, including tonic and mixers, experiencing rising demand.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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Fevertree Drinks Insider Ups Holding By 11% During Year

Feb -11

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How A Reset Price Target Is Reframing The Story For Fevertree Drinks (AIM:FEVR)

Jan -27

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Can Fevertree Drinks PLC's (LON:FEVR) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?

Jan -26

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3 UK Stocks Estimated To Be Up To 23.2% Undervalued

Jan -21

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3 UK Stocks Estimated To Be Trading At Discounts Of Up To 43.2%

Jan -16

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UK's January 2026 Stocks That Might Be Trading Below Fair Value

Jan -14

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3 UK Stocks That May Be Undervalued In January 2026

Jan -13

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UK Value Stocks: Fevertree Drinks Among 3 Selections Possibly Trading Below Fair Value

Jan -12

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (7.02%)

6. Segments

Carbonated

Expected Growth: 7%

Fevertree Drinks PLC's carbonated segment growth is driven by increasing health-conscious consumers seeking low-calorie, natural ingredients, and premiumization trends. Expanding distribution channels, successful marketing campaigns, and strategic partnerships also contribute to the 7% growth. Furthermore, the rising popularity of mixer drinks and the growing demand for low-and-no-alcohol beverages support the segment's growth momentum.

Non-carbonated

Expected Growth: 9%

Fevertree Drinks PLC's non-carbonated segment growth is driven by increasing consumer demand for low-calorie, low-sugar beverages, expansion into new markets, and strategic partnerships. The company's innovative product offerings, such as flavored tonics and mixers, have resonated with health-conscious consumers, contributing to the 9% growth rate.

7. Detailed Products

Gin & Tonic

A classic combination of Fevertree's premium tonic water paired with a variety of gin brands

Vodka & Tonic

Fevertree's crisp tonic water paired with a range of vodka brands for a clean and refreshing taste

Rum & Ginger

Fevertree's ginger beer paired with a variety of rum brands for a spicy and refreshing drink

Soda Water

Fevertree's premium soda water, perfect for mixing with spirits or enjoying on its own

Lemonade

Fevertree's range of lemonades, made with real lemons and natural ingredients

Ginger Ale

Fevertree's ginger ale, made with real ginger and natural ingredients

Tonic Water

Fevertree's premium tonic water, made with natural ingredients and no artificial sweeteners

8. Fevertree Drinks PLC's Porter Forces

Forces Ranking

Threat Of Substitutes

Fevertree Drinks PLC operates in a niche market with a unique product offering, making it difficult for substitutes to emerge.

Bargaining Power Of Customers

While customers have some bargaining power due to the availability of alternative beverage options, Fevertree's strong brand loyalty and premium pricing strategy mitigate this power.

Bargaining Power Of Suppliers

Fevertree has a diversified supplier base, reducing dependence on individual suppliers and minimizing their bargaining power.

Threat Of New Entrants

While there are some barriers to entry in the premium mixer market, new entrants can still emerge, particularly from established players in the beverage industry.

Intensity Of Rivalry

The premium mixer market is highly competitive, with several established players competing for market share, leading to a high intensity of rivalry.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 6.01%
Debt Cost 5.69%
Equity Weight 93.99%
Equity Cost 9.43%
WACC 9.20%
Leverage 6.39%

11. Quality Control: Fevertree Drinks PLC passed 5 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Barr

A-Score: 6.2/10

Value: 4.6

Growth: 5.2

Quality: 7.1

Yield: 5.0

Momentum: 5.5

Volatility: 9.7

1-Year Total Return ->

Stock-Card
SODEXE

A-Score: 5.4/10

Value: 3.3

Growth: 5.9

Quality: 6.8

Yield: 1.9

Momentum: 8.0

Volatility: 6.3

1-Year Total Return ->

Stock-Card
Sligro Food Group

A-Score: 4.7/10

Value: 6.8

Growth: 3.9

Quality: 2.4

Yield: 5.6

Momentum: 2.5

Volatility: 6.7

1-Year Total Return ->

Stock-Card
Fevertree Drinks

A-Score: 4.6/10

Value: 2.4

Growth: 5.9

Quality: 7.0

Yield: 3.1

Momentum: 6.0

Volatility: 3.0

1-Year Total Return ->

Stock-Card
Nichols

A-Score: 4.3/10

Value: 4.0

Growth: 4.0

Quality: 8.0

Yield: 4.4

Momentum: 1.0

Volatility: 4.7

1-Year Total Return ->

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Lucas Bols

A-Score: 2.9/10

Value: 4.5

Growth: 3.6

Quality: 4.7

Yield: 0.6

Momentum: 4.0

Volatility: 0.3

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

9.52$

Current Price

9.52$

Potential

-0.00%

Expected Cash-Flows