ZVIA vs CELH vs FIZZ vs NRGV vs KO

For growth investors, Energy Vault Holdings, Inc.

(NRGV) is the stronger pick with 340. 9% revenue growth year-over-year, versus 0. 8% for National Beverage Corp. (FIZZ). National Beverage Corp. (FIZZ) offers the better valuation at 17. 6x trailing P/E (17. 5x forward), making it the more compelling value choice. Analysts rate Zevia PBC (ZVIA) a "Buy" — based on 8 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, National Beverage Corp.

(FIZZ) is the cheapest at 17. 6x versus Celsius Holdings, Inc. at 131. 2x. On forward P/E, National Beverage Corp. is actually cheaper at 17. 5x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Celsius Holdings, Inc. wins at 0. 44x versus National Beverage Corp. 's 2. 35x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, Celsius Holdings, Inc.

(CELH) delivered a total return of +97. 7%, compared to -91. 5% for Zevia PBC (ZVIA). Over 10 years, the gap is even starker: CELH returned +39. 0% versus ZVIA's -91. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), The Coca-Cola Company (KO) is the lower-risk stock at -0.

09β versus Energy Vault Holdings, Inc. 's 3. 08β — meaning NRGV is approximately -3596% more volatile than KO relative to the S&P 500. On balance sheet safety, Zevia PBC (ZVIA) carries a lower debt/equity ratio of 2% versus 133% for The Coca-Cola Company — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Energy Vault Holdings, Inc.

(NRGV) is pulling ahead at 340. 9% versus 0. 8% for National Beverage Corp. (FIZZ). On earnings-per-share growth, the picture is similar: Zevia PBC grew EPS 55. 9% year-over-year, compared to -44. 4% for Celsius Holdings, Inc.. Over a 3-year CAGR, CELH leads at 56. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

The Coca-Cola Company (KO) is the more profitable company, earning 27.

3% net margin versus -50. 9% for Energy Vault Holdings, Inc. — meaning it keeps 27. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: KO leads at 28. 7% versus -36. 5% for NRGV. At the gross margin level — before operating expenses — KO leads at 61. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Celsius Holdings, Inc. (CELH) is the more undervalued stock at a PEG of 0. 44x versus National Beverage Corp. 's 2. 35x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, National Beverage Corp. (FIZZ) trades at 17. 5x forward P/E versus 24. 3x for The Coca-Cola Company — 6. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ZVIA: 244. 8% to $4. 00.

In this comparison, FIZZ (9.

3% yield), KO (2. 6% yield), CELH (0. 5% yield) pay a dividend. ZVIA, NRGV do not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, The Coca-Cola Company (KO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.

09), 2. 6% yield, +112. 5% 10Y return). Energy Vault Holdings, Inc. (NRGV) carries a higher beta of 3. 08 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (KO: +112. 5%, NRGV: -56. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

These companies operate in different sectors (ZVIA (Unknown) and CELH (Consumer Defensive) and FIZZ (Consumer Defensive) and NRGV (Utilities) and KO (Consumer Defensive)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: ZVIA is a small-cap quality compounder stock; CELH is a small-cap high-growth stock; FIZZ is a small-cap deep-value stock; NRGV is a small-cap high-growth stock; KO is a large-cap quality compounder stock. FIZZ, KO pay a dividend while ZVIA, CELH, NRGV do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.