Financials Papa John's International, Inc.

Equities

PZZA

US6988131024

Restaurants & Bars

Market Closed - Nasdaq 01:30:00 27/04/2024 am IST 5-day change 1st Jan Change
63.1 USD +0.30% Intraday chart for Papa John's International, Inc. +0.96% -17.22%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,017 2,796 4,853 2,908 2,497 2,079 - -
Enterprise Value (EV) 1 2,366 3,031 5,264 3,458 2,497 2,803 2,799 2,782
P/E ratio -263 x 66.3 x 1,112 x 43.6 x 30.7 x 24 x 20.1 x 14.7 x
Yield 1.43% 1.06% 0.86% 1.87% - 2.98% 3.13% 3.4%
Capitalization / Revenue 1.25 x 1.54 x 2.35 x 1.38 x 1.17 x 0.95 x 0.91 x 0.88 x
EV / Revenue 1.46 x 1.67 x 2.54 x 1.64 x 1.17 x 1.28 x 1.23 x 1.17 x
EV / EBITDA 18.5 x 20.8 x 22.9 x 16.5 x 11.3 x 12.2 x 11.1 x 9.9 x
EV / FCF 98.4 x 20.1 x 45.3 x 87.7 x - 23 x 21.5 x 17.5 x
FCF Yield 1.02% 4.97% 2.21% 1.14% - 4.35% 4.66% 5.71%
Price to Book -6.06 x -9.75 x -25.5 x -9.98 x - -4.37 x -4.18 x -4.78 x
Nbr of stocks (in thousands) 31,946 32,952 36,364 35,328 32,756 32,944 - -
Reference price 2 63.15 84.85 133.5 82.31 76.23 63.10 63.10 63.10
Announcement Date 26/02/20 25/02/21 24/02/22 23/02/23 29/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,619 1,813 2,068 2,102 2,136 2,183 2,280 2,374
EBITDA 1 127.9 145.9 230.2 209.5 221.1 229.4 251.8 281.1
EBIT 1 80.61 96.24 181.3 157.5 157 157.4 176 204.2
Operating Margin 4.98% 5.31% 8.77% 7.49% 7.35% 7.21% 7.72% 8.6%
Earnings before Tax (EBT) 1 5.046 75.36 150.9 83.77 103.7 113.5 133.6 179
Net income 1 -7.633 41.74 4.073 67.36 82.1 85.88 101.8 137
Net margin -0.47% 2.3% 0.2% 3.2% 3.84% 3.93% 4.46% 5.77%
EPS 2 -0.2400 1.280 0.1200 1.890 2.480 2.635 3.145 4.300
Free Cash Flow 1 24.04 150.8 116.1 39.42 - 121.9 130.3 159
FCF margin 1.48% 8.32% 5.61% 1.88% - 5.58% 5.71% 6.7%
FCF Conversion (EBITDA) 18.8% 103.32% 50.45% 18.82% - 53.13% 51.76% 56.57%
FCF Conversion (Net income) - 361.28% 2,850.87% 58.52% - 141.95% 128.03% 116.06%
Dividend per Share 2 0.9000 0.9000 1.150 1.540 - 1.883 1.978 2.143
Announcement Date 26/02/20 25/02/21 24/02/22 23/02/23 29/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 512.8 528.9 542.7 522.7 510.5 526.2 527 514.5 522.8 571.3 543.5 542.5 543 554.8 563.6
EBITDA 1 52.21 53.88 57.17 53.15 46.93 52.25 53.87 52.57 50.04 64.63 54.41 56.27 57.48 61.81 60.12
EBIT 1 40.73 41.9 45.23 40.41 33.59 38.23 39.15 36.88 33.64 47.35 36.7 38.36 39.08 43.14 41.78
Operating Margin 7.94% 7.92% 8.33% 7.73% 6.58% 7.26% 7.43% 7.17% 6.43% 8.29% 6.75% 7.07% 7.2% 7.78% 7.41%
Earnings before Tax (EBT) 1 34.6 32.15 10.17 32.82 11.84 28.94 28.78 23.64 20.49 30.77 25.08 27.29 28.2 32.43 30.07
Net income 1 28.96 24.39 10.43 25.24 8.245 23.37 22.38 17.77 15.86 26.09 18.27 21.11 21.55 25.08 23.1
Net margin 5.65% 4.61% 1.92% 4.83% 1.62% 4.44% 4.25% 3.45% 3.03% 4.57% 3.36% 3.89% 3.97% 4.52% 4.1%
EPS 2 0.7900 0.6700 0.2900 0.7000 0.2300 0.6600 0.6500 0.5400 0.4800 0.7900 0.5560 0.6460 0.6610 0.7730 0.7080
Dividend per Share 2 0.3500 0.3500 0.3500 0.3500 0.4200 0.4200 0.4200 0.4200 0.4600 - 0.4600 0.4600 0.4771 0.4771 0.4720
Announcement Date 04/11/21 24/02/22 05/05/22 04/08/22 03/11/22 23/02/23 04/05/23 03/08/23 02/11/23 29/02/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 349 235 410 550 - 724 720 704
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.727 x 1.611 x 1.782 x 2.624 x - 3.156 x 2.859 x 2.504 x
Free Cash Flow 1 24 151 116 39.4 - 122 130 159
ROE (net income / shareholders' equity) - 5.24% -52.8% - - 15.2% 16.9% -
ROA (Net income/ Total Assets) 5.61% 5.7% 14.1% 7.7% - 9.76% 11.5% 13.3%
Assets 1 -136.1 732 28.87 875 - 880.3 882.3 1,030
Book Value Per Share 2 -10.40 -8.700 -5.240 -8.240 - -14.40 -15.10 -13.20
Cash Flow per Share 2 1.950 5.700 5.230 3.300 - 5.220 6.230 7.040
Capex 1 37.7 35.7 68.6 78.4 - 76.9 81.2 84
Capex / Sales 2.33% 1.97% 3.31% 3.73% - 3.52% 3.56% 3.54%
Announcement Date 26/02/20 25/02/21 24/02/22 23/02/23 29/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
63.1 USD
Average target price
78.95 USD
Spread / Average Target
+25.11%
Consensus
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  4. Financials Papa John's International, Inc.