Financials Yum! Brands, Inc.

Equities

YUM

US9884981013

Restaurants & Bars

Market Closed - Nyse 04:00:02 2024-06-04 pm EDT 5-day change 1st Jan Change
141.5 USD +1.59% Intraday chart for Yum! Brands, Inc. +4.18% +8.33%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 30,467 32,749 40,704 36,079 36,625 39,862 - -
Enterprise Value (EV) 1 40,424 42,744 51,464 47,563 47,308 50,563 50,380 50,234
P/E ratio 24.3 x 36.9 x 26.7 x 28 x 23.4 x 25.1 x 22.1 x 19.3 x
Yield 1.67% 1.73% 1.44% 1.78% 1.85% 1.88% 1.99% 2.26%
Capitalization / Revenue 5.44 x 5.79 x 6.18 x 5.27 x 5.18 x 5.18 x 4.82 x 4.5 x
EV / Revenue 7.22 x 7.56 x 7.82 x 6.95 x 6.69 x 6.56 x 6.1 x 5.67 x
EV / EBITDA 19.7 x 22.3 x 22.4 x 20.7 x 18.5 x 18.7 x 17.1 x 15.7 x
EV / FCF 36.1 x 37.3 x 34.9 x 41.4 x 35.9 x 30.4 x 27.4 x 24.3 x
FCF Yield 2.77% 2.68% 2.87% 2.41% 2.79% 3.29% 3.65% 4.11%
Price to Book -3.77 x -4.22 x -5.01 x -4.04 x -4.67 x -5.26 x -5.32 x -5.04 x
Nbr of stocks (in thousands) 302,462 301,668 293,133 281,688 280,308 281,632 - -
Reference price 2 100.7 108.6 138.9 128.1 130.7 141.5 141.5 141.5
Announcement Date 2/6/20 2/4/21 2/9/22 2/8/23 2/7/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,597 5,652 6,584 6,842 7,076 7,703 8,264 8,865
EBITDA 1 2,053 1,916 2,294 2,295 2,559 2,709 2,939 3,195
EBIT 1 1,941 1,770 2,130 2,149 2,406 2,545 2,761 3,005
Operating Margin 34.68% 31.32% 32.35% 31.41% 34% 33.04% 33.41% 33.9%
Earnings before Tax (EBT) 1 1,373 1,020 1,674 1,662 1,818 2,018 2,266 2,455
Net income 1 1,294 904 1,575 1,325 1,597 1,606 1,790 1,954
Net margin 23.12% 15.99% 23.92% 19.37% 22.57% 20.85% 21.66% 22.04%
EPS 2 4.140 2.940 5.210 4.570 5.590 5.641 6.392 7.316
Free Cash Flow 1 1,119 1,145 1,476 1,148 1,318 1,666 1,839 2,064
FCF margin 19.99% 20.26% 22.42% 16.78% 18.63% 21.62% 22.25% 23.28%
FCF Conversion (EBITDA) 54.51% 59.76% 64.34% 50.02% 51.5% 61.48% 62.57% 64.59%
FCF Conversion (Net income) 86.48% 126.66% 93.71% 86.64% 82.53% 103.72% 102.74% 105.61%
Dividend per Share 2 1.680 1.880 2.000 2.280 2.420 2.661 2.817 3.193
Announcement Date 2/6/20 2/4/21 2/9/22 2/8/23 2/7/24 - - -
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 2025 S1
Net sales 1 1,890 1,547 1,636 1,640 2,019 1,645 1,687 1,708 2,036 1,598 1,806 1,916 2,385 1,795 1,949 440,467
EBITDA 1 541 536 597 564 621 582 643 656 678 590 651.1 697.4 801.1 635.2 715.6 -
EBIT 1 494 499 549 531 579 553 605 619 629 555 609 654.1 750 590.5 670.1 -
Operating Margin 26.14% 32.26% 33.56% 32.38% 28.68% 33.62% 35.86% 36.24% 30.89% 34.73% 33.71% 34.15% 31.44% 32.9% 34.38% -
Earnings before Tax (EBT) 1 407 398 390 447 427 371 478 505 464 383 490.1 534.6 624 484.4 556.3 -
Net income 1 330 399 224 331 371 300 418 416 463 314 383.9 415.6 488.4 384.6 438.9 -
Net margin 17.46% 25.79% 13.69% 20.18% 18.38% 18.24% 24.78% 24.36% 22.74% 19.65% 21.25% 21.7% 20.47% 21.43% 22.52% -
EPS 2 1.110 1.360 0.7700 1.140 1.290 1.050 1.460 1.460 1.620 1.100 1.343 1.461 1.728 1.357 1.547 -
Dividend per Share 2 0.5000 0.5700 0.5700 0.5700 0.5700 0.6050 0.6050 0.6050 0.6050 0.6700 0.6690 0.6688 0.6688 0.7256 0.7191 -
Announcement Date 2/9/22 5/4/22 8/3/22 11/2/22 2/8/23 5/3/23 8/2/23 11/1/23 2/7/24 5/1/24 - - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 9,957 9,995 10,760 11,484 10,683 10,700 10,518 10,372
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.85 x 5.217 x 4.69 x 5.004 x 4.175 x 3.949 x 3.579 x 3.246 x
Free Cash Flow 1 1,119 1,145 1,476 1,148 1,318 1,666 1,839 2,064
ROE (net income / shareholders' equity) - -14% - - - - - -
ROA (Net income/ Total Assets) 27.6% 16.3% 26.7% 22.4% 26.4% 25% 27% 28.6%
Assets 1 4,688 5,541 5,910 5,907 6,038 6,422 6,631 6,832
Book Value Per Share 2 -26.70 -25.70 -27.70 -31.70 -28.00 -26.90 -26.60 -28.10
Cash Flow per Share 2 4.200 4.250 5.650 4.920 5.620 6.780 7.500 8.680
Capex 1 196 160 230 279 285 277 295 298
Capex / Sales 3.5% 2.83% 3.49% 4.08% 4.03% 3.6% 3.56% 3.36%
Announcement Date 2/6/20 2/4/21 2/9/22 2/8/23 2/7/24 - - -
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
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
28
Last Close Price
141.5 USD
Average target price
145.7 USD
Spread / Average Target
+2.94%
Consensus
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  4. Financials Yum! Brands, Inc.