Company Valuation: Dutch Bros Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 2,539 1,634 2,389 5,962 7,777 6,953 - -
Change - -35.66% 46.23% 149.58% 30.44% -10.59% - -
Enterprise Value (EV) 1 2,524 1,712 2,353 6,288 8,128 7,327 7,231 7,080
Change - -32.16% 37.41% 167.25% 29.25% -9.85% -1.32% -2.08%
P/E ratio -164x -313x 1,056x 154x 95.7x 59x 41.9x 32.4x
PBR - 35.7x 15.4x 16.1x 19.3x 8.93x 7.21x 5.64x
PEG - 4.4x -8x 0x 1.1x 1.7x 1x 1.1x
Capitalization / Revenue 5.1x 2.21x 2.47x 4.65x 4.75x 3.34x 2.72x 2.24x
EV / Revenue 5.07x 2.32x 2.44x 4.91x 4.96x 3.52x 2.83x 2.28x
EV / EBITDA 30.7x 18.8x 14.7x 27.3x 26.9x 19.4x 15.2x 12.1x
EV / EBIT -22.3x -656x 50.9x 59.3x 50.4x 34.9x 25.9x 19.8x
EV / FCF -66.3x -13.4x -26.6x 255x 149x 123x 69.1x 49.8x
FCF Yield -1.51% -7.47% -3.76% 0.39% 0.67% 0.81% 1.45% 2.01%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.31 -0.09 0.03 0.34 0.64 0.8587 1.21 1.565
Distribution rate - - - - - - - -
Net sales 1 497.9 739 965.8 1,281 1,638 2,080 2,557 3,110
EBITDA 1 82.09 91.18 160.1 230.3 302.6 378.1 475.2 584
EBIT 1 -113.3 -2.612 46.22 106.1 161.2 209.7 279.1 357.9
Net income 1 -14.04 -4.753 1.718 35.26 79.84 124.1 177.3 210.6
Net Debt 1 -14.9 78.73 -35.88 326.3 350.8 374.4 277.9 127.2
Reference price 2 50.91 28.19 31.67 52.38 61.22 50.68 50.68 50.68
Nbr of stocks (in thousands) 49,873 57,953 75,430 1,13,823 1,27,031 1,37,193 - -
Announcement Date 01/03/22 22/02/23 21/02/24 12/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
59.02x3.52x19.38x-.--% 695.29Cr
21.19x2.93x14.33x2.03% 85Cr
15.74x0.5x5.2x2.08% 73Cr
14.77x1.33x7.46x5.08% 41Cr
53.64x0.7x5.24x - 20Cr
Average 32.87x 1.80x 10.32x 2.3% 182.8Cr
Weighted average by Cap. 49.95x 3.07x 16.94x 0.59%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. BROS Stock
  4. Valuation Dutch Bros Inc.