🚀 VC round data is live in beta, check it out!
- Public Comps
- CR Beverage
CR Beverage Valuation Multiples
Discover revenue and EBITDA valuation multiples for CR Beverage and similar public comparables like Tootsie Roll, Vita Coco, Indofood, Leroy Seafood Group and more.
CR Beverage Overview
About CR Beverage
China Resources Beverage is the second-largest bottled water producer in China and a subsidiary of China Resources Group, a state-owned conglomerate. The bottled water business accounts for around 90% of the company’s revenue, with C’estbon being the flagship product. The company has been leveraging its distribution network developed for water products to expand the scale of its nonwater beverages products, which accounts for roughly 10% of the company’s revenue.
Founded
1995
HQ

Employees
11.2K
Website
Sectors
Financials (LTM)
EV
$1B
CR Beverage Financials
CR Beverage reported last 12-month revenue of $2B and EBITDA of $271M.
In the same LTM period, CR Beverage generated $750M in gross profit, $271M in EBITDA, and $154M in net income.
Revenue (LTM)
CR Beverage P&L
In the most recent fiscal year, CR Beverage reported revenue of $2B and EBITDA of $407M.
CR Beverage expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Profit | $750M | XXX | $929M | XXX | XXX | XXX |
| Gross Margin | 45% | XXX | 47% | XXX | XXX | XXX |
| EBITDA | $271M | XXX | $407M | XXX | XXX | XXX |
| EBITDA Margin | 16% | XXX | 21% | XXX | XXX | XXX |
| EBIT Margin | 10% | XXX | 15% | XXX | XXX | XXX |
| Net Profit | $154M | XXX | $238M | XXX | XXX | XXX |
| Net Margin | 9% | XXX | 12% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
CR Beverage Stock Performance
CR Beverage has current market cap of $3B, and enterprise value of $1B.
Market Cap Evolution
CR Beverage's stock price is $1.33.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $3B | -0.1% | XXX | XXX | XXX | $0.10 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialCR Beverage Valuation Multiples
CR Beverage trades at 0.9x EV/Revenue multiple, and 5.2x EV/EBITDA.
EV / Revenue (LTM)
CR Beverage Financial Valuation Multiples
As of March 19, 2026, CR Beverage has market cap of $3B and EV of $1B.
Equity research analysts estimate CR Beverage's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
CR Beverage has a P/E ratio of 20.8x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV/Revenue | 0.9x | XXX | 0.7x | XXX | XXX | XXX |
| EV/EBITDA | 5.2x | XXX | 3.5x | XXX | XXX | XXX |
| EV/EBIT | 8.5x | XXX | 4.8x | XXX | XXX | XXX |
| EV/Gross Profit | 1.9x | XXX | 1.5x | XXX | XXX | XXX |
| P/E | 20.8x | XXX | 13.5x | XXX | XXX | XXX |
| EV/FCF | 49.5x | XXX | (32.0x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified CR Beverage Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


CR Beverage Margins & Growth Rates
CR Beverage's revenue in the last 12 month grew by 8%.
CR Beverage's revenue per employee in the last FY averaged $0.1M.
CR Beverage's rule of 40 is 24% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
CR Beverage's rule of X is 36% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
CR Beverage Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 8% | XXX | (17%) | XXX | XXX | XXX |
| EBITDA Margin | 16% | XXX | 21% | XXX | XXX | XXX |
| EBITDA Growth | 23% | XXX | (37%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 24% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 36% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 33% | XXX | 30% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 2% | XXX | 2% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 0% | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 32% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
CR Beverage Public Comps
See public comps and valuation multiples for other Food & Beverages comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Tootsie Roll | XXX | XXX | XXX | XXX | XXX | XXX |
| Vita Coco | XXX | XXX | XXX | XXX | XXX | XXX |
| Indofood | XXX | XXX | XXX | XXX | XXX | XXX |
| Leroy Seafood Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Premium Brands Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
CR Beverage M&A Activity
CR Beverage acquired XXX companies to date.
Last acquisition by CR Beverage was on XXXXXXXX, XXXXX. CR Beverage acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by CR Beverage
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialCR Beverage Investment Activity
CR Beverage invested in XXX companies to date.
CR Beverage made its latest investment on XXXXXXXX, XXXXX. CR Beverage invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by CR Beverage
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout CR Beverage
| When was CR Beverage founded? | CR Beverage was founded in 1995. |
| Where is CR Beverage headquartered? | CR Beverage is headquartered in China. |
| How many employees does CR Beverage have? | As of today, CR Beverage has over 11K employees. |
| Is CR Beverage publicly listed? | Yes, CR Beverage is a public company listed on HKEX. |
| What is the stock symbol of CR Beverage? | CR Beverage trades under 02460 ticker. |
| When did CR Beverage go public? | CR Beverage went public in 2024. |
| Who are competitors of CR Beverage? | CR Beverage main competitors are Tootsie Roll, Vita Coco, Indofood, Leroy Seafood Group. |
| What is the current market cap of CR Beverage? | CR Beverage's current market cap is $3B. |
| What is the current revenue of CR Beverage? | CR Beverage's last 12 months revenue is $2B. |
| What is the current revenue growth of CR Beverage? | CR Beverage revenue growth (NTM/LTM) is 8%. |
| What is the current EV/Revenue multiple of CR Beverage? | Current revenue multiple of CR Beverage is 0.9x. |
| Is CR Beverage profitable? | Yes, CR Beverage is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of CR Beverage? | CR Beverage's last 12 months EBITDA is $271M. |
| What is CR Beverage's EBITDA margin? | CR Beverage's last 12 months EBITDA margin is 16%. |
| What is the current EV/EBITDA multiple of CR Beverage? | Current EBITDA multiple of CR Beverage is 5.2x. |
| What is the current FCF of CR Beverage? | CR Beverage's last 12 months FCF is $29M. |
| What is CR Beverage's FCF margin? | CR Beverage's last 12 months FCF margin is 2%. |
| What is the current EV/FCF multiple of CR Beverage? | Current FCF multiple of CR Beverage is 49.5x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.