Financials Wingstop Inc.

Equities

WING

US9741551033

Restaurants & Bars

Real-time Estimate Cboe BZX 11:30:34 03/05/2024 pm IST 5-day change 1st Jan Change
385.8 USD +1.12% Intraday chart for Wingstop Inc. +0.84% +50.35%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,533 4,047 5,261 4,117 7,547 11,206 - -
Enterprise Value (EV) 1 2,831 4,476 5,682 4,647 8,169 11,841 11,875 11,868
P/E ratio 125 x 175 x 124 x 77.8 x 109 x 113 x 93.7 x 78 x
Yield 0.47% 4.03% 0.35% 0.52% 0.32% 0.25% 0.31% 0.39%
Capitalization / Revenue 12.7 x 16.3 x 18.6 x 11.5 x 16.4 x 19.2 x 16.5 x 14.3 x
EV / Revenue 14.2 x 18 x 20.1 x 13 x 17.8 x 20.3 x 17.5 x 15.1 x
EV / EBITDA 49.7 x 62.3 x 64.3 x 42.7 x 55.8 x 62 x 52.7 x 44.3 x
EV / FCF 176 x 75.3 x 272 x 88.9 x - 111 x 93.7 x -
FCF Yield 0.57% 1.33% 0.37% 1.13% - 0.9% 1.07% -
Price to Book -12.2 x -11.9 x -17 x -10.5 x -16.5 x -27 x -33 x -37.8 x
Nbr of stocks (in thousands) 29,453 29,683 29,826 29,916 29,415 29,370 - -
Reference price 2 85.99 136.3 176.4 137.6 256.6 381.5 381.5 381.5
Announcement Date 19/02/20 17/02/21 16/02/22 22/02/23 21/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 199.7 248.8 282.5 357.5 460.1 584.2 678.6 784.9
EBITDA 1 56.99 71.88 88.39 108.8 146.5 190.9 225.2 268.1
EBIT 1 42.9 57.39 73.76 91.93 112.6 153.5 184.1 226.6
Operating Margin 21.49% 23.07% 26.11% 25.71% 24.47% 26.27% 27.13% 28.86%
Earnings before Tax (EBT) 1 25.76 26.94 58.91 69.32 94.31 133.3 159.9 185.5
Net income 1 20.48 23.31 42.66 52.95 70.18 98.93 118.8 138.8
Net margin 10.25% 9.37% 15.1% 14.81% 15.25% 16.93% 17.5% 17.68%
EPS 2 0.6900 0.7800 1.420 1.770 2.350 3.370 4.072 4.892
Free Cash Flow 1 16.1 59.48 20.86 52.3 - 106.3 126.7 -
FCF margin 8.06% 23.9% 7.38% 14.63% - 18.2% 18.67% -
FCF Conversion (EBITDA) 28.25% 82.74% 23.6% 48.06% - 55.71% 56.25% -
FCF Conversion (Net income) 78.61% 255.2% 48.89% 98.77% - 107.49% 106.65% -
Dividend per Share 2 0.4000 5.500 0.6200 0.7200 0.8200 0.9440 1.167 1.480
Announcement Date 19/02/20 17/02/21 16/02/22 22/02/23 21/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 2025 Q2
Net sales 1 72.03 76.2 83.78 92.67 104.9 108.7 107.2 117.1 127.1 145.8 140.1 145.6 153.3 170 164.3
EBITDA 1 20.2 22.09 23.67 28.39 34.66 34.58 34.35 38.48 39.07 50.26 44.76 47.2 48.39 58.55 54.31
EBIT 1 14.22 16.61 22.37 24.08 28.87 25.67 26.46 30.65 29.81 42.74 35.56 37.43 37.85 49.41 44.18
Operating Margin 19.74% 21.79% 26.71% 25.99% 27.53% 23.61% 24.69% 26.18% 23.47% 29.31% 25.38% 25.7% 24.69% 29.07% 26.89%
Earnings before Tax (EBT) 1 10.58 11.54 16.36 18.05 23.37 20.91 22.26 26.15 24.99 38.5 30.4 32.14 32.45 43.54 37.79
Net income 1 6.896 8.676 13.31 13.37 17.6 15.67 16.18 19.51 18.81 28.75 22.41 23.8 24.02 32.35 28.02
Net margin 9.57% 11.39% 15.88% 14.43% 16.78% 14.41% 15.1% 16.66% 14.81% 19.72% 16% 16.34% 15.67% 19.03% 17.06%
EPS 2 0.2300 0.2900 0.4400 0.4500 0.5900 0.5200 0.5400 0.6600 0.6400 0.9800 0.7615 0.8108 0.8208 1.100 0.9450
Dividend per Share 2 0.1700 0.1700 0.1700 0.1900 0.1900 0.1900 0.1900 0.2200 0.2200 - 0.2200 0.2486 0.2486 0.2577 0.2515
Announcement Date 16/02/22 04/05/22 28/07/22 26/10/22 22/02/23 03/05/23 02/08/23 01/11/23 21/02/24 01/05/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 298 430 421 530 622 635 669 663
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 5.229 x 5.978 x 4.761 x 4.868 x 4.247 x 3.329 x 2.969 x 2.472 x
Free Cash Flow 1 16.1 59.5 20.9 52.3 - 106 127 -
ROE (net income / shareholders' equity) - -8.46% - - - - - -
ROA (Net income/ Total Assets) 12.3% 12.3% 17.5% 16.4% 17.5% 24.3% 21% 30%
Assets 1 166.1 188.9 243.7 322.1 401 407.9 565.6 462.7
Book Value Per Share 2 -7.060 -11.50 -10.40 -13.10 -15.60 -14.10 -11.60 -10.10
Cash Flow per Share 2 - - 1.630 2.540 - 4.690 5.530 -
Capex 1 22.5 6.05 28 23.9 - 40.1 42.7 55.6
Capex / Sales 11.26% 2.43% 9.92% 6.7% - 6.86% 6.29% 7.08%
Announcement Date 19/02/20 17/02/21 16/02/22 22/02/23 21/02/24 - - -
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
23
Last Close Price
381.5 USD
Average target price
385 USD
Spread / Average Target
+0.91%
Consensus
  1. Stock Market
  2. Equities
  3. WING Stock
  4. Financials Wingstop Inc.