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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#4630
Positioning
Market Dominance
Manufacturing
Beer & Liquor
$5M
Robert Nistico
Splash Beverage Group, Inc. engages in the manufacturing, distribution, marketing, and sale of various beverages. Its products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and recovery isotonic sport drink under the TapouT Performance name. The company also sells beverages and groceries online through qplash.com.
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| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$UL UNILEVER PLC | 78 | 96 | 98 | 59 | - | - | 28.5% | 8.0% | 100.0% | 100.0% | 10.4% | -4.6% | 3.3% | 0.0x | $141.8B | VS | |
$ASML ASML HOLDING NV | 77 | 89 | 86 | 83 | - | - | 46.1% | 16.6% | 51.3% | 31.9% | 26.8% | -4.0% | 1.0% | 25.0x | $272.1B | VS | |
$ESLT ELBIT SYSTEMS LTD | 76 | 81 | 87 | 85 | - | - | 10.3% | 3.1% | 24.1% | 7.2% | 4.7% | 14.3% | 0.8% | 25.0x | $11.4B | VS | |
$MT ArcelorMittal | 75 | 71 | 98 | 85 | - | - | 2.2% | 1.5% | 9.3% | 5.3% | 2.2% | -8.5% | 2.2% | 16.0x | $18.9B | VS | |
$AMAT APPLIED MATERIALS INC /DE | 75 | 85 | 87 | 84 | 20.9x | 13.6x | 35.5% | 19.8% | 48.7% | 29.2% | 24.7% | 4.4% | 0.8% | 32.0x | $181.9B | VS | |
$SIMO Silicon Motion Technology CORP | 75 | 84 | 86 | 85 | - | - | 11.8% | 8.8% | 45.9% | 11.3% | 11.1% | 25.7% | 3.7% | 0.0x | $1.8B | VS | |
$CODA Coda Octopus Group, Inc. | 74 | 83 | 90 | 79 | 16.3x | 11.9x | 7.6% | 7.0% | 66.5% | 17.1% | 15.6% | 39.0% | 0.0% | 0.0x | $115M | VS | |
$GSK GSK plc | 74 | 84 | 90 | 70 | - | - | 22.6% | 4.9% | 71.2% | 12.8% | 9.4% | 1.7% | 5.9% | 124.0x | $72.1B | VS | |
$EFXT Enerflex Ltd. | 74 | 80 | 91 | 83 | - | - | 3.0% | 1.1% | 20.9% | 7.3% | 1.3% | 3.0% | 0.9% | 67.0x | $1.2B | VS | |
$BUD Anheuser-Busch InBev SA/NV | 74 | 84 | 97 | 63 | - | - | 8.2% | 3.5% | 55.3% | 25.9% | 12.4% | 0.7% | 1.7% | 0.0x | $87.0B | VS | |
$SBEV SPLASH BEVERAGE GROUP, INC. | 28 | 12 | 3 | 48 | - | - | -394.7% | -118.9% | 11.3% | -367.8% | -656.8% | -100.0% | 0.0% | 1.0x | $5M | ||
| SECTOR BENCH | - | - | - | - | - | 22.3x | 11.5x | -2.5% | -0.1% | 42.5% | 1.3% | -0.2% | 5.9% | 0.0% | 0.2x | - | REF |
SPLASH BEVERAGE GROUP, INC. (SBEV) receives a "Avoid" rating with a composite score of 28.3/100. It ranks #4630 out of 7,333 stocks in our coverage universe and carries a 1-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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YOY expansion rate
Core pricing power
Operating efficiency
Bottom-line conversion
Equity capital efficiency
Asset base utilization
Financial leverage load
Direct cash return
Robert Nistico
Chief Executive Officer
Labor Force
20
12
32
27
Audit Verdict: Lower quality and stability scores may indicate governance concerns.
No recent insider transactions available for SBEV
In-line with peers — no strong momentum signal
Expensive relative to fundamentals — limited margin of safety
Weak fundamentals — higher risk of value trap
High volatility — wider range of outcomes increases timing risk
Aggressive spending — empire-building risk, dilutive growth
Below-average composite — caution warranted
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Relative valuation derived from Manufacturing sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
No analyst ratings for SBEV.
View All RatingsHigh margin volatility — erratic forensic earnings quality
ROE proxy -394.7% (sector -2.5%)
GM 11% vs sector 43%, OM -368% vs sector 1%
Capital turnover N/A
Rev growth -100%, 10yr history
Interest coverage -29.8x
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
Our quantitative model flags SPLASH BEVERAGE GROUP, INC. with an Avoid rating, assigning a composite score of 28.3/100 and 1 out of 5 stars. Ranked #4630 of 7,333 stocks, SBEV falls in the bottom tier across key factors. Historically, stocks with this profile have faced elevated risk of underperformance and capital loss.
SPLASH BEVERAGE GROUP, INC. registers a weak quality score of just 12/100, indicating significant profitability challenges. The company reports a return on equity of -394.7% (sector avg: -2.5%), gross margins of 11.3% (sector avg: 42.5%), net margins of -656.8% (sector avg: -0.2%). Low quality scores are often associated with businesses in turnaround mode, early-stage growth, or structurally challenged industries.
SBEV registers a value score of just 3/100, suggesting the stock trades at a significant premium to its fundamental metrics. Key valuation metrics include a P/B ratio of 0.20x. High-premium valuations like this require strong future execution to avoid multiple compression, and downside risk is elevated if growth disappoints.
SPLASH BEVERAGE GROUP, INC.'s investment score of 32/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of -100.0% vs. a sector average of 5.9% and a return on assets of -118.9% (sector: -0.1%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
SBEV is currently showing below-average momentum at 48/100, which may indicate weakening institutional interest or negative sentiment shifts. Revenue growth stands at -100.0% year-over-year, while a beta of -11.07 reflects its sensitivity to broader market moves. Investors should note that declining momentum can precede further price weakness, though contrarian opportunities sometimes emerge at these levels.
SBEV's stability score of 27/100 signals elevated volatility and/or leverage concerns. Key stability metrics include a beta of -11.07 and a debt-to-equity ratio of 1.00x (sector avg: 0.2x). Investors should be prepared for wider-than-average price swings and consider position sizing accordingly to manage portfolio risk.
The short interest score of 49/100 for SBEV suggests somewhat elevated bearish positioning by institutional traders. Specific risk factors include micro-cap liquidity risk. With a $5M market cap (micro-cap), SPLASH BEVERAGE GROUP, INC. may experience above-average volatility. Investors should consider whether the short thesis has merit or if it creates a potential short-squeeze opportunity.
SPLASH BEVERAGE GROUP, INC. is a micro-cap company in the Manufacturing sector, ranked #0 of 50 in its sector (100th percentile) and #4630 of 7,333 overall (37th percentile). Key comparisons include ROE of -394.7% trailing the -2.5% sector median and operating margins of -367.8% below the 1.3% sector average. This top-quartile standing reflects exceptional competitive strength relative to Manufacturing peers.
While SBEV currently exhibits a AVOID profile, superior opportunities exist within the MANUFACTURING sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
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Improvement in Value (3) would have the largest impact on the composite score.
ROE 15814% ABOVE SECTOR MEDIAN (FAVORABLE)
Gross Margin 73% BELOW SECTOR MEDIAN
Op. Margin 28614% BELOW SECTOR MEDIAN
AUDIT DATA AS OF SEP 30, 2025 (Q2 FY2025)
We rate SPLASH BEVERAGE GROUP, INC. (SBEV) as Avoid with a composite score of 28.3/100 at a current price of $0.44. The stock falls in the bottom quintile of our universe across key quantitative factors, and the multi-factor weakness suggests a high probability of continued underperformance.
The rating is primarily driven by strength in momentum (48th percentile) and investment (32th percentile), which together account for the majority of the composite score. Offsetting weakness in value (3th percentile) and quality (12th percentile) tempers our overall conviction. We assign a No Moat rating (13/100), High uncertainty, and Poor capital allocation.
Key items to watch: the path to profitability; valuation compression risk if growth disappoints. Any material change in these dynamics could warrant a reassessment of our rating. The moat trend is widening, which provides additional comfort in the durability of the competitive position.
SPLASH BEVERAGE GROUP, INC. holds a top-quartile position (#0 of 50) within the Manufacturing sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 28.3/100 places it at rank #4630 in our full 7,333-stock universe. At $5M in market capitalization, SPLASH BEVERAGE GROUP, INC. is a small-cap player in the Manufacturing space, which limits certain scale advantages but may allow for more agile strategic execution.
Revenue contraction of -100% combined with momentum at the 48th percentile paints a cautious picture of the near-term business outlook. The market appears to be pricing in continued challenges, and a catalyst for reversal is not clearly visible from current data.
The margin cascade tells an important story: gross margins of 11% (-31.2pp vs sector) narrow to operating margins of -368% (-369.1pp vs sector) and net margins of -656.8%, yielding a gross-to-net conversion rate of -5789%. The significant margin erosion from gross to net suggests elevated operating expenses, high interest costs, or other structural drags that warrant monitoring.
At a current price of $0.44, SPLASH BEVERAGE GROUP, INC. is trading at a premium to fundamental value. Our value factor score of 3/100 reflects a composite assessment across multiple valuation metrics including price-to-earnings, price-to-book, EV/EBITDA, and price-to-sales ratios relative to both sector peers and the broader market. The premium valuation implies the market is pricing in significant future growth or quality improvements that are not yet fully reflected in current fundamentals.
The stock currently trades at P/B of 0.2x, P/S of 0.9x. We evaluate these multiples in the context of both absolute levels and sector-relative positioning to form our valuation view.
A conservative balance sheet (1% D/E) provides financial flexibility for acquisitions, buybacks, or weathering economic downturns without dilution.
The Avoid rating (composite 28.3/100) reflects multi-factor weakness, and historically, stocks in this scoring range have underperformed the market by a meaningful margin.
Revenue decline of -100% signals business deterioration — declining revenues make it difficult to grow into the current valuation and often precede further negative revisions.
Thin net margins of -656.8% provide limited cushion against cost pressures, competitive pricing, or macroeconomic headwinds — even small changes in costs could swing the company to a loss.
Below-average quality (12th percentile) raises durability concerns about the fundamental profile and increases the risk of negative earnings surprises.
We assign a High uncertainty rating to SPLASH BEVERAGE GROUP, INC.. Key risk factors include current negative profitability (net margin -656.8%), below-average price stability (27th percentile), weak quality scores (12th percentile). The wide range of potential outcomes widens our fair value estimate and increases the possibility of permanent capital impairment. Investors considering this name should size positions accordingly and demand a meaningful margin of safety before initiating.
Specific risk factors that inform our assessment include: current negative profitability (net margin -656.8%); below-average price stability (27th percentile); weak quality scores (12th percentile); low beta of -11.07 — while defensive, this may indicate limited upside participation in bull markets. Each of these factors independently widens the distribution of potential outcomes, and in combination they create a risk profile that demands careful position sizing. The stability factor at the 27th percentile and quality factor at the 12th percentile provide a quantitative summary of the overall risk landscape.
Key risk mitigants include: conservative leverage (1% D/E) limits balance sheet risk. These factors partially offset the identified risks and provide downside protection in adverse scenarios. On balance, the risk-reward profile warrants caution and disciplined position management.
We rate SPLASH BEVERAGE GROUP, INC.'s capital allocation as Poor. Key concerns include low returns on equity (-394.7%), negative profitability, weak asset returns (ROA -118.9%). Exemplary capital allocators generate ROE above 20% and maintain conservative leverage — SPLASH BEVERAGE GROUP, INC. significantly underperforms these benchmarks, raising questions about management's ability to create shareholder value.
Investors should scrutinize management's reinvestment decisions and balance sheet trajectory before committing capital. Poor capital allocation often compounds over time: overlevered balance sheets limit strategic flexibility, while low returns on capital destroy shareholder value. We would need to see sustained improvement in profitability metrics and balance sheet discipline before considering an upgrade.
In summary, SPLASH BEVERAGE GROUP, INC. receives a Avoid rating with a composite score of 28.3/100 (rank #4630 of 7,333). Our quantitative framework assigns a No Moat (13/100, trend: widening), High uncertainty, and Poor capital allocation. The average factor score across quality, value, momentum, stability, and investment is 24/100.
Our analysis does not support a constructive view on SPLASH BEVERAGE GROUP, INC. at this time. The combination of limited competitive advantages, high uncertainty, and poor capital allocation suggests unfavorable risk-reward at current levels. We recommend investors avoid new positions and existing holders consider reducing exposure.
Analysis derived from Blank Capital Research quantitative terminal. For informational purposes only. No trade solicitation. Past performance not indicative of future results. Consult a qualified advisor.
We do not assign SPLASH BEVERAGE GROUP, INC. a meaningful economic moat, scoring 13/100 on our composite assessment. Current fundamentals do not demonstrate the kind of durable competitive advantages — such as superior returns on invested capital, margin superiority, or reinvestment efficiency — that would protect the company from competitive erosion over the long term. The highest-scoring pillar, financial resilience, reached only 7.8/20.
The strongest moat sources are financial resilience (7.8/20) and growth durability (4.2/20). Interest coverage -29.8x. Rev growth -100%, 10yr history. These pillars form the core of SPLASH BEVERAGE GROUP, INC.'s competitive identity and are the primary drivers of excess returns in our framework.
Areas of relative weakness include economic value creation (0/20) and reinvestment efficiency (0/20). ROE proxy -394.7% (sector -2.5%). Improvement in these areas could meaningfully widen the moat over time, while deterioration would be an early warning of competitive erosion.
Our moat trend assessment is Widening. ROIC has trended upward at ~765.7pp per year, and operating margin trajectory confirms strengthening economics. SPLASH BEVERAGE GROUP, INC.'s competitive position is improving on a fundamental basis. We expect the moat score to drift upward if these trends persist over the next 12–18 months.
Key profit drivers include declining revenues (-100%) that pressure the earnings outlook. The margin cascade from 11% gross to -368% operating to -656.8% net reveals the company's cost structure and reinvestment intensity. Our analysis indicates that profit quality raises some durability concerns, with the quality factor at the 12th percentile.
The margin profile shows gross margins of 11%, operating margins of -368%, net margins of -656.8%. Return metrics include ROE of -394.7% and ROA of -118.9%. Relative to the Manufacturing sector, gross margins are 31.2 percentage points below the sector median of 43%, and ROE of -394.7% compares to a sector median of -2.5%.
The balance sheet reflects a conservatively managed balance sheet with D/E of 1%, revenue growth of -100%. The sector median D/E is 0%, putting SPLASH BEVERAGE GROUP, INC. at higher leverage than the typical peer. Overall balance sheet health is adequate for the current business environment.
Above 50MA
37.18%
Net New Highs
+51081
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FORT LAUDERDALE, FL - February 6, 2026 (NEWMEDIAWIRE) - Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company") today announced the appointment of Brady Cobb to its Board of Directors. Mr. Cobb's appointment further strengthens ...
FORT LAUDERDALE, FL - January 27, 2026 (NEWMEDIAWIRE) - Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), today announced that Senor Frog's, an internationally recognized restaurant and entertainment brand known for its v...