CELH
Celsius Holdings, Inc.
CELH has the edge over DAO overall, supported by stronger fundamentals and stronger valuation.
DAO
Youdao, Inc.
DAO's outlook is improving, though it still trails on the overall score.
CELH Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Strong |
CELH's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
DAO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Weak |
DAO's revenue, profitability and cash flow are currently stable, but its balance sheet is weak.
CELH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 21x | $31.89 | — |
| Current | 35x | $31.89 | — |
| Cheap | 40x | $35.95 | +13% |
| Fair | 141x | $127 | +299% |
| Expensive | 650x | $585 | +1735% |
Historical ranges are pointers, not guarantees.
CELH has the edge over DAO in the historical PE scenario, which offers more potential upside but is not a forecast.
DAO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 51x | $10.16 | -47% |
| Fair | 80x | $16.08 | -16% |
| Current | 96x | $19.18 | — |
| Expensive | 153x | $30.69 | +60% |
Historical ranges are pointers, not guarantees.
DAO's PE is 96x, but its earnings don't support one, so it isn't a reliable read right now.
CELH Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for CELH, with profitability improving. However, they disagree widely on these estimates.
DAO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for DAO, with profitability improving.
CELH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.53 | +70% |
| Q3 2026 | $0.90 | +718% |
| Q2 2026 | $0.24 | -37% |
| Q1 2026 | $0.43 | +30% |
| Q4 2025 | $0.25 | -44% |
| Q3 2025 | $0.11 | -85% |
| Q2 2025 | $0.38 | -62% |
| Q1 2025 | $0.33 | -64% |
| Q4 2024 | $0.45 | -42% |
CELH earned $0.90 per share over the past year, about eight times what it earned the year before.
DAO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.20 | -31% |
| Q1 2026 | $0.09 | -50% |
| Q4 2025 | $0.13 | +30% |
| Q3 2025 | $0.18 | +157% |
| Q2 2025 | $0.29 | +$0.46 |
| Q1 2025 | $0.18 | +$0.59 |
| Q4 2024 | $0.10 | +$0.78 |
| Q3 2024 | $0.07 | +$0.82 |
DAO has the edge over CELH on earnings, with more consistent year-over-year improvement.
CELH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $847.2M | +17% |
| Q2 2026 | $817.9M | +11% |
| Q1 2026 | $782.6M | +138% |
| Q4 2025 | $721.6M | +117% |
| Q3 2025 | $725.1M | +173% |
| Q2 2025 | $739.3M | +84% |
| Q1 2025 | $329.3M | -7.4% |
| Q4 2024 | $332.2M | -4.4% |
CELH has the edge over DAO on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +31 points |
| Q2 2026 | 9.2% | -10 points |
| Q1 2026 | 18% | +2 points |
| Q4 2025 | 3.6% | +9.2 points |
| Q3 2025 | -11% | -9.8 points |
| Q2 2025 | 19% | -4.1 points |
| Q1 2025 | 16% | -7.6 points |
| Q4 2024 | -5.6% | -23 points |
CELH has the edge over DAO on profitability, with a higher operating margin.
DAO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $219.5M | +3.2% |
| Q1 2026 | $202.3M | +3.8% |
| Q4 2025 | $234.8M | +17% |
| Q3 2025 | $244.4M | +3.6% |
| Q2 2025 | $212.7M | +7.2% |
| Q1 2025 | $194.8M | -6.7% |
| Q4 2024 | $201.1M | -9.5% |
| Q3 2024 | $236M | +2.2% |
DAO's revenue has grown year over year for five quarters in a row: $220M last quarter, up 3.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 7.6% | +5.6 points |
| Q1 2026 | 4.3% | -3.7 points |
| Q4 2025 | 4.3% | -2.9 points |
| Q3 2025 | 1.7% | -5.1 points |
| Q2 2025 | 2% | +7.5 points |
| Q1 2025 | 8% | +5.9 points |
| Q4 2024 | 7.2% | +2 points |
| Q3 2024 | 6.8% | +11 points |
DAO's operating margin was 7.6% last quarter, up 5.6 points from the same quarter a year ago, near the top of its range since 2019.
CELH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $127.7M | -60% |
| Q2 2026 | $205.5M | +479% |
| Q1 2026 | $65.8M | -32% |
| Q4 2025 | -$130M | -285% |
| Q3 2025 | $321.5M | +3599% |
| Q2 2025 | $35.5M | +17% |
| Q1 2025 | $96.4M | -26% |
| Q4 2024 | $70.3M | +16394% |
CELH has the edge over DAO on cash flow, with more consistent year-over-year improvement.
DAO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | $0 |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | $0 |
DAO's free cash flow was $0 over the past year, against $0 the year before.
CELH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -2M shares |
| 1 year | -1.1% | -2.9M shares |
| 3 years | +7.4% | +17.6M shares |
| 5 years | +8.3% | +19.5M shares |
| Available history | +32% | +62.4M shares |
CELH has the edge over DAO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $300,000 |
| Q2 2026 | $1M |
| Q1 2026 | $8.8M |
| Q4 2025 | $2.5M |
| Q3 2025 | $448,000 |
| Q2 2025 | $879,000 |
| Q1 2025 | $1.9M |
| Q4 2024 | $603,000 |
CELH spent $13M buying back its own shares over the past year, about three times what it spent the year before.
DAO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +182K shares |
| 1 year | +2.3% | +2.8M shares |
| 3 years | -1.3% | -1.6M shares |
| 5 years | +2% | +2.3M shares |
| Available history | +7.7% | +8.6M shares |
DAO has 121M diluted shares, up 2.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
DAO hasn't bought back shares in the past year.
CELH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.5x | Very low |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | -7.3x | Net Cash |
| Q4 2024 | -5.5x | Net Cash |
CELH has the edge over DAO on leverage, with a lower net debt burden relative to earnings.
DAO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 4.9x | High |
| Q1 2026 | 10.4x | High |
| Q4 2025 | 8.0x | High |
| Q3 2025 | 6.6x | High |
| Q2 2025 | 4.4x | High |
| Q1 2025 | 6.6x | High |
| Q4 2024 | 8.2x | High |
| Q3 2024 | 9.7x | High |
DAO's net debt is about 4.8 years of its operating earnings (EBITDA), up from 4.3 years a year ago.
CELH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.3 | Neutral |
| Stochastic | 56.8 | Neutral |
CELH's weekly RSI is 51 (neutral) and its Stochastic is 57 (neutral).
DAO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 66.7 | Neutral |
| Stochastic | 84.5 | Overbought |
DAO's weekly RSI is 67 (neutral) and its Stochastic is 84 (overbought).
CELH PE vs Consumer Defensive Sector
| Metric | CELH | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 19x | 82% above |
| PE % | 11 | 18 | 7 pts below |
CELH has the edge over DAO on valuation relative to its sector.
DAO PE vs Consumer Defensive Sector
| Metric | DAO | Sector median | Relative |
|---|---|---|---|
| PE | 96x | 19x | 393% above |
| PE % | 62 | 18 | 44 pts above |
DAO is trading at 96x earnings, a 393% premium to the Consumer Defensive sector's median of 19x, though its earnings don't support one.
CELH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.1 | 9.4% above |
| 20 week MA | $29.6 | 7.8% above |
| 50 week MA | $36.1 | 12% below |
| 100 week MA | $38.8 | 18% below |
| 200 week MA | $44.6 | 29% below |
CELH has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 29% below its 200-week average.
DAO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.9 | 7% above |
| 20 week MA | $16.6 | 16% above |
| 50 week MA | $13.1 | 47% above |
| 100 week MA | $10.9 | 76% above |
| 200 week MA | $7.82 | 145% above |
DAO has the edge over CELH on trend strength, trading above more of its moving averages.
CELH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.58 | $14.7 | +832% |
| 2021 | $14.7 | $24.9 | +69% |
| 2022 | $24.9 | $35.6 | +43% |
| 2023 | $35.6 | $54.5 | +53% |
| 2024 | $54.5 | $26.5 | -51% |
| 2025 | $26.5 | $45.6 | +72% |
| 2026 YTD | $45.6 | $31.9 | -30% |
CELH's yearly returns have swung widely, from +832% in 2020 to −51% in 2024. It's down 30% so far in 2026.
DAO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.9 | $27.1 | +94% |
| 2021 | $27.1 | $11.5 | -58% |
| 2022 | $11.5 | $6.39 | -44% |
| 2023 | $6.39 | $3.94 | -38% |
| 2024 | $3.94 | $6.90 | +75% |
| 2025 | $6.90 | $9.48 | +37% |
| 2026 YTD | $9.48 | $19.2 | +102% |
DAO has the edge over CELH on returns for 2026, with the stronger performance.