Company Valuation: Texas Roadhouse, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 6,299 6,086 8,163 12,021 11,073 11,204 - -
Change - -3.38% 34.13% 47.27% -7.89% 1.19% - -
Enterprise Value (EV) 1 6,063 5,962 8,059 11,776 10,938 11,039 10,962 10,761
Change - -1.67% 35.17% 46.13% -7.11% 0.92% -0.69% -1.84%
P/E ratio 25.8x 22.9x 26.9x 27.9x 27.4x 26.6x 22.2x 18.4x
PBR 5.93x 6.1x 7.19x 8.89x 7.62x 6.97x 6.2x 5.15x
PEG - 1.7x 1.9x 0.7x -4.79x 5.09x 1.1x 0.9x
Capitalization / Revenue 1.82x 1.52x 1.76x 2.24x 1.88x 1.71x 1.57x 1.45x
EV / Revenue 1.75x 1.48x 1.74x 2.19x 1.86x 1.69x 1.53x 1.39x
EV / EBITDA 14.3x 13x 15.9x 17x 16.1x 15x 13x 11.2x
EV / EBIT 20.4x 18.6x 22.8x 22.8x 23x 22x 18.4x 15.3x
EV / FCF 22.6x 22.4x 37x 29.5x 32x 31.3x 24.3x 19.1x
FCF Yield 4.42% 4.45% 2.7% 3.39% 3.13% 3.19% 4.11% 5.24%
Dividend per Share 2 1.2 1.84 2.2 2.44 2.72 3.001 3.182 3.441
Rate of return 1.33% 2.02% 1.8% 1.35% 1.62% 1.76% 1.87% 2.02%
EPS 2 3.5 3.97 4.54 6.47 6.1 6.419 7.665 9.281
Distribution rate 34.3% 46.3% 48.5% 37.7% 44.6% 46.8% 41.5% 37.1%
Net sales 1 3,464 4,015 4,632 5,373 5,878 6,533 7,142 7,731
EBITDA 1 424 457.4 507.2 694.7 681.4 734.8 846.3 961.3
EBIT 1 297.2 320.2 354 516.5 474.7 501.1 595.6 703.8
Net income 1 245.3 269.8 304.9 433.6 405.6 423.4 502.7 601.7
Net Debt 1 -235.6 -123.9 -104.2 -245.2 -134.7 -165.7 -242.2 -443.4
Reference price 2 90.44 90.95 122.23 180.19 167.40 170.46 170.46 170.46
Nbr of stocks (in thousands) 69,645 66,915 66,783 66,714 66,146 65,730 - -
Announcement Date 22/02/22 16/02/23 15/02/24 20/02/25 19/02/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
26.56x1.69x15.02x1.76% 1.12TCr
28.97x0.93x12.1x0.89% 1.4TCr
12.85x1.09x7.42x-.--% 602.4Cr
16.29x0.93x10.64x1.84% 328.57Cr
18.43x0.85x7x1.32% 232.1Cr
55.79x - - 0.71% 184.68Cr
12.7x0.85x4.44x3% 172.87Cr
20.04x - - -.--% 90Cr
21.87x - - 1.3% 50Cr
Average 23.72x 1.06x 9.44x 1.2% 465.12Cr
Weighted average by Cap. 24.66x 1.17x 11.45x 1.16%

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

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  4. Valuation Texas Roadhouse, Inc.