CELH
Celsius Holdings, Inc.
CELH has the edge over LWAY overall, supported by stronger valuation and stronger fundamentals.
LWAY
Lifeway Foods, Inc.
LWAY'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.
LWAY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Weak | |
| Healthy |
LWAY's revenue and balance sheet are currently healthy, and its profitability is stable, but its cash flow 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 LWAY in the historical PE scenario, which offers more potential upside but is not a forecast.
LWAY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 19x | $20.89 | — |
| Cheap | 22x | $10.43 | -50% |
| Fair | 29x | $14.11 | -32% |
| Expensive | 41x | $19.85 | -5% |
| Current | 44x | $20.89 | — |
Historical ranges are pointers, not guarantees.
LWAY's PE is in its expensive range at 44x. If earnings grow as analysts expect, today's price would be 19x next year's earnings, in its cheap range.
CELH Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
CELH has the edge over LWAY on the outlook, with more favorable profitability expectations.
LWAY Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for LWAY, with profitability holding steady.
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.
LWAY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.11 | +131% |
| Q3 2026 | $0.48 | -35% |
| Q2 2026 | $0.69 | -1.4% |
| Q1 2026 | $0.96 | +43% |
| Q4 2025 | $0.89 | +48% |
| Q3 2025 | $0.74 | -13% |
| Q2 2025 | $0.70 | -21% |
| Q1 2025 | $0.67 | -21% |
| Q4 2024 | $0.60 | -20% |
LWAY has the edge over CELH on earnings, with stronger typical year-over-year growth.
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's revenue has grown year over year for six quarters in a row: $847M last quarter, up 17% from the same quarter a year ago.
| 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 LWAY on profitability, with a higher operating margin.
LWAY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $67.8M | +19% |
| Q2 2026 | $66.9M | +24% |
| Q1 2026 | $63M | +37% |
| Q4 2025 | $55.4M | +18% |
| Q3 2025 | $57.1M | +24% |
| Q2 2025 | $53.9M | +9.7% |
| Q1 2025 | $46.1M | +3.3% |
| Q4 2024 | $46.9M | +12% |
LWAY's revenue has grown year over year every quarter since late 2020: $68M last quarter, up 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.6% | -7.2 points |
| Q2 2026 | 0.9% | -9.8 points |
| Q1 2026 | 10% | +6.6 points |
| Q4 2025 | 6.8% | +5.3 points |
| Q3 2025 | 8.8% | -0.3 points |
| Q2 2025 | 11% | -0.2 points |
| Q1 2025 | 3.4% | -4.6 points |
| Q4 2024 | 1.5% | -12 points |
LWAY's operating margin was 1.6% last quarter, down 7.2 points from the same quarter a year ago.
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 LWAY on cash generation, producing positive trailing cash flow while its opponent burns cash.
LWAY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$2.4M | -142% |
| Q2 2026 | -$8.8M | -648% |
| Q1 2026 | -$6.7M | -$4.3M |
| Q4 2025 | -$17.4M | -$13.6M |
| Q3 2025 | $5.6M | -5.5% |
| Q2 2025 | $1.6M | -69% |
| Q1 2025 | -$2.4M | -$1.4M |
| Q4 2024 | -$3.8M | -207% |
LWAY has burned cash in six of the last eight quarters: −$35M over the past year, against $989,000 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 255M diluted shares, down 1.1% from a year ago.
| 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.
LWAY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -36K shares |
| 1 year | -1.1% | -169K shares |
| 3 years | +1% | +152K shares |
| 5 years | -2.5% | -398K shares |
| Available history | -3.5% | -551K shares |
LWAY has 15M diluted shares, down 1.1% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $4.9M |
| Q4 2021 | — |
| Q3 2021 | $1.6M |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
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 LWAY on leverage, with a lower net debt burden relative to earnings.
LWAY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.7x | Very low |
| Q1 2026 | 0.1x | Very low |
| Q4 2025 | -0.3x | Net Cash |
| Q3 2025 | -1.4x | Net Cash |
| Q2 2025 | -1.3x | Net Cash |
| Q1 2025 | -1.3x | Net Cash |
| Q4 2024 | -1.0x | Net Cash |
LWAY's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt 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).
LWAY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.7 | Neutral |
| Stochastic | 13.4 | Oversold |
LWAY's weekly RSI is 38 (neutral) and its Stochastic is 13 (oversold).
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 LWAY on valuation relative to its sector.
LWAY PE vs Consumer Defensive Sector
| Metric | LWAY | Sector median | Relative |
|---|---|---|---|
| PE | 44x | 19x | 123% above |
| PE % | 85 | 18 | 67 pts above |
LWAY is trading at 44x earnings, a 123% premium to the Consumer Defensive sector's median of 19x.
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 the edge over LWAY on trend strength, trading above more of its moving averages.
LWAY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $21.9 | 4.6% below |
| 20 week MA | $25.7 | 19% below |
| 50 week MA | $24.3 | 14% below |
| 100 week MA | $24.5 | 15% below |
| 200 week MA | $18.9 | 11% above |
LWAY has fallen below most of its moving averages, though it's still 11% above its 200-week average.
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.
LWAY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.10 | $5.84 | +178% |
| 2021 | $5.84 | $4.89 | -16% |
| 2022 | $4.89 | $5.92 | +21% |
| 2023 | $5.92 | $13.4 | +127% |
| 2024 | $13.4 | $23.7 | +77% |
| 2025 | $23.7 | $23.8 | +0.3% |
| 2026 YTD | $23.8 | $20.9 | -12% |
LWAY has the edge over CELH on returns for 2026, with the stronger performance.