CELH
Celsius Holdings, Inc.
CELH has the edge over VFF overall, supported by stronger fundamentals and stronger modeled upside.
VFF
Village Farms International, Inc.
VFF'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.
VFF Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Weak | |
| Strong |
VFF's profitability and balance sheet are currently healthy, and its revenue 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 VFF in the historical PE scenario, which offers more potential upside but is not a forecast.
VFF PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 10x | $1.76 | -31% |
| Forward | 11x | $2.54 | — |
| Current | 15x | $2.54 | — |
| Fair | 22x | $3.75 | +48% |
| Expensive | 62x | $10.55 | +315% |
Historical ranges are pointers, not guarantees.
VFF's PE is in its cheap range at 15x. If earnings grow as analysts expect, today's price would be 11x next year's earnings.
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.
VFF Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for VFF, 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.
VFF Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.23 | +36% |
| Q3 2026 | $0.17 | -11% |
| Q2 2026 | $0.17 | +70% |
| Q1 2026 | $0.35 | +$0.70 |
| Q4 2025 | $0.27 | +$0.59 |
| Q3 2025 | $0.19 | +$0.65 |
| Q2 2025 | $0.10 | +$0.56 |
| Q1 2025 | -$0.35 | -$0.09 |
| Q4 2024 | -$0.32 | -$0.03 |
VFF 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 VFF on sales, with more consistent year-over-year improvement.
| 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 VFF on profitability, with a higher operating margin.
VFF Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $66.9M | +0.2% |
| Q2 2026 | $64M | +6.8% |
| Q1 2026 | $50.2M | -35% |
| Q4 2025 | $49.6M | -40% |
| Q3 2025 | $66.7M | -20% |
| Q2 2025 | $59.9M | -35% |
| Q1 2025 | $77.1M | -1.3% |
| Q4 2024 | $82.6M | +11% |
VFF's revenue has slid since its 2024 peak: $67M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | -3.6 points |
| Q2 2026 | 17% | -3.3 points |
| Q1 2026 | 10% | +18 points |
| Q4 2025 | 9.1% | +22 points |
| Q3 2025 | 23% | +21 points |
| Q2 2025 | 21% | +46 points |
| Q1 2025 | -8% | -4.9 points |
| Q4 2024 | -13% | +11 points |
VFF's operating margin was 20% last quarter, down 3.6 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 VFF on cash generation, producing positive trailing cash flow while its opponent burns cash.
VFF Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $7.6M | -66% |
| Q2 2026 | $2.6M | -90% |
| Q1 2026 | -$26M | -$17.1M |
| Q4 2025 | $300K | +$1.8M |
| Q3 2025 | $22.6M | +2126% |
| Q2 2025 | $25.9M | +859% |
| Q1 2025 | -$8.9M | -$7M |
| Q4 2024 | -$1.5M | +$2.1M |
VFF has burned cash in most quarters: −$15M over the past year, against $38M 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 VFF 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.
VFF Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4.7% | +5.9M shares |
| 1 year | +8.3% | +10.1M shares |
| 3 years | +18% | +20.4M shares |
| 5 years | +50% | +43.7M shares |
| Available history | +141% | +76.4M shares |
VFF has 131M diluted shares, up 8.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $419,000 |
| Q1 2026 | $6.4M |
| Q4 2021 | — |
| Q3 2021 | $1M |
| Q4 2019 | — |
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 more cash than debt.
VFF Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.8x | Net Cash |
| Q2 2026 | -0.6x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | -1.1x | Net Cash |
| Q3 2025 | -1.7x | Net Cash |
| Q2 2025 | -1.4x | Net Cash |
| Q1 2022 | 24.0x | High |
| Q4 2021 | 23.0x | High |
VFF has the edge over CELH on leverage, with a lower net debt burden relative to earnings.
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).
VFF Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.3 | Neutral |
| Stochastic | 51.2 | Neutral |
VFF's weekly RSI is 48 (neutral) and its Stochastic is 51 (neutral).
CELH PE vs Consumer Defensive Sector
| Metric | CELH | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 19x | 82% above |
| PE % | 11 | 18 | 7 pts below |
CELH is trading at 35x earnings, a 82% premium to the Consumer Defensive sector's median of 19x.
VFF PE vs Consumer Defensive Sector
| Metric | VFF | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 19x | 23% below |
| PE % | 24 | 18 | 6 pts above |
VFF has the edge over CELH on valuation relative to its sector.
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.
VFF Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.71 | 6.3% below |
| 20 week MA | $2.52 | 0.8% above |
| 50 week MA | $2.81 | 9.6% below |
| 100 week MA | $2.21 | 15% above |
| 200 week MA | $1.56 | 63% above |
VFF 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 has the edge over VFF on returns for 2026, with the stronger performance.
VFF Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.26 | $12.0 | +92% |
| 2021 | $12.0 | $6.55 | -45% |
| 2022 | $6.55 | $1.29 | -80% |
| 2023 | $1.29 | $0.76 | -41% |
| 2024 | $0.76 | $0.79 | +3.9% |
| 2025 | $0.79 | $3.80 | +381% |
| 2026 YTD | $3.80 | $2.54 | -33% |
VFF's yearly returns have swung widely, from +381% in 2025 to −80% in 2022. It's down 33% so far in 2026.