Financials Papa John's International, Inc.

Equities

PZZA

US6988131024

Restaurants & Bars

Delayed Nasdaq 01:00:00 2024-07-03 pm EDT 5-day change 1st Jan Change
44.61 USD -1.39% Intraday chart for Papa John's International, Inc. -5.47% -41.48%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,017 2,796 4,853 2,908 2,497 1,471 - -
Enterprise Value (EV) 1 2,366 3,031 5,264 3,458 3,214 2,212 2,225 2,216
P/E ratio -263 x 66.3 x 1,112 x 43.6 x 30.7 x 19.7 x 15.9 x 12.2 x
Yield 1.43% 1.06% 0.86% 1.87% 2.31% 4.22% 4.42% 4.72%
Capitalization / Revenue 1.25 x 1.54 x 2.35 x 1.38 x 1.17 x 0.7 x 0.67 x 0.66 x
EV / Revenue 1.46 x 1.67 x 2.54 x 1.64 x 1.5 x 1.05 x 1.02 x 0.99 x
EV / EBITDA 18.5 x 20.8 x 22.9 x 16.5 x 14.5 x 10 x 9.33 x 8.68 x
EV / FCF 98.4 x 20.1 x 45.3 x 87.7 x 27.6 x 25.6 x 19.7 x -
FCF Yield 1.02% 4.97% 2.21% 1.14% 3.62% 3.91% 5.06% -
Price to Book -6.06 x -9.75 x -25.5 x -9.98 x -8.18 x -3.06 x -2.87 x -3.15 x
Nbr of stocks (in thousands) 31,946 32,952 36,364 35,328 32,756 32,972 - -
Reference price 2 63.15 84.85 133.5 82.31 76.23 44.61 44.61 44.61
Announcement Date 2/26/20 2/25/21 2/24/22 2/23/23 2/29/24 - - -
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 2,100 2,188 2,230
EBITDA 1 127.9 145.9 230.2 209.5 221.1 221.2 238.4 255.3
EBIT 1 80.61 96.24 181.3 157.5 157 148.7 164.4 180.1
Operating Margin 4.98% 5.31% 8.77% 7.49% 7.35% 7.08% 7.52% 8.08%
Earnings before Tax (EBT) 1 5.046 75.36 150.9 83.77 103.7 99.39 121.1 -
Net income 1 -7.633 41.74 4.073 67.36 82.1 73.22 91.55 114
Net margin -0.47% 2.3% 0.2% 3.2% 3.84% 3.49% 4.19% 5.11%
EPS 2 -0.2400 1.280 0.1200 1.890 2.480 2.267 2.811 3.650
Free Cash Flow 1 24.04 150.8 116.1 39.42 116.4 86.51 112.7 -
FCF margin 1.48% 8.32% 5.61% 1.88% 5.45% 4.12% 5.15% -
FCF Conversion (EBITDA) 18.8% 103.32% 50.45% 18.82% 52.66% 39.11% 47.26% -
FCF Conversion (Net income) - 361.28% 2,850.87% 58.52% 141.82% 118.16% 123.04% -
Dividend per Share 2 0.9000 0.9000 1.150 1.540 1.760 1.883 1.973 2.107
Announcement Date 2/26/20 2/25/21 2/24/22 2/23/23 2/29/24 - - -
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 1 528.9 542.7 522.7 510.5 526.2 527 514.5 522.8 571.3 513.9 522.6 526.1 541.9 538.3 542.8
EBITDA 1 53.88 57.17 53.15 46.93 52.25 53.87 52.57 50.04 64.63 60.92 52.35 52.18 56.54 61.53 56.83
EBIT 1 41.9 45.23 40.41 33.59 38.23 39.15 36.88 33.64 47.35 43.24 34.64 34.55 38.31 43.15 38.68
Operating Margin 7.92% 8.33% 7.73% 6.58% 7.26% 7.43% 7.17% 6.43% 8.29% 8.41% 6.63% 6.57% 7.07% 8.02% 7.13%
Earnings before Tax (EBT) 1 32.15 10.17 32.82 11.84 28.94 28.78 23.64 20.49 30.77 22.66 24.24 23.13 26.93 31.49 28.09
Net income 1 24.39 10.43 25.24 8.245 23.37 22.38 17.77 15.86 26.09 14.64 18.65 17.8 20.8 23.85 21.32
Net margin 4.61% 1.92% 4.83% 1.62% 4.44% 4.25% 3.45% 3.03% 4.57% 2.85% 3.57% 3.38% 3.84% 4.43% 3.93%
EPS 2 0.6700 0.2900 0.7000 0.2300 0.6600 0.6500 0.5400 0.4800 0.7900 0.4400 0.5689 0.5400 0.6344 0.7300 0.6540
Dividend per Share 2 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 0.4720
Announcement Date 2/24/22 5/5/22 8/4/22 11/3/22 2/23/23 5/4/23 8/3/23 11/2/23 2/29/24 5/9/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 349 235 410 550 717 741 754 745
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.727 x 1.611 x 1.782 x 2.624 x 3.242 x 3.352 x 3.162 x 2.919 x
Free Cash Flow 1 24 151 116 39.4 116 86.5 113 -
ROE (net income / shareholders' equity) - 5.24% -52.8% - - 14% 16.2% -
ROA (Net income/ Total Assets) 5.61% 5.7% 14.1% 7.7% 9.44% 8.85% 10.1% 11.7%
Assets 1 -136.1 732 28.87 875 869.6 827.1 910.9 974
Book Value Per Share 2 -10.40 -8.700 -5.240 -8.240 -9.320 -14.60 -15.50 -14.20
Cash Flow per Share 2 1.950 5.700 5.230 3.300 5.820 4.510 5.800 6.310
Capex 1 37.7 35.7 68.6 78.4 76.6 78.1 80 81.2
Capex / Sales 2.33% 1.97% 3.31% 3.73% 3.59% 3.72% 3.66% 3.64%
Announcement Date 2/26/20 2/25/21 2/24/22 2/23/23 2/29/24 - - -
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
17
Last Close Price
44.61 USD
Average target price
67.14 USD
Spread / Average Target
+50.51%
Consensus
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  4. Financials Papa John's International, Inc.