DUTCH BROS INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 31.77 USD | +11.79% |
|
+17.67% | +0.32% |
| 05-08 | Wedbush Raises Dutch Bros' Price Target to $39 From $37, Keeps Outperform Rating | MT |
| 05-08 | Fed Speakers Awaited for Rate Clues as US Equity Futures Turn Lower Pre-Bell | MT |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,539 | 1,634 | 2,389 | 2,649 | - | - |
| Enterprise Value (EV) 1 | 2,524 | 1,712 | 2,353 | 2,939 | 3,014 | 3,176 |
| P/E ratio | -164 x | -313 x | 1,056 x | 81.5 x | 66.5 x | 42.9 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 5.1 x | 2.21 x | 2.47 x | 2.18 x | 1.78 x | 1.51 x |
| EV / Revenue | 5.07 x | 2.32 x | 2.44 x | 2.41 x | 2.03 x | 1.8 x |
| EV / EBITDA | 30.7 x | 18.8 x | 14.7 x | 14.5 x | 12.1 x | 10.5 x |
| EV / FCF | -66.3 x | -13.4 x | - | -21.4 x | -43.8 x | - |
| FCF Yield | -1.51% | -7.47% | - | -4.67% | -2.28% | - |
| Price to Book | - | 35.7 x | - | 12.1 x | 10.5 x | 8.86 x |
| Nbr of stocks (in thousands) | 49,873 | 57,953 | 75,430 | 93,224 | - | - |
| Reference price 2 | 50.91 | 28.19 | 31.67 | 31.77 | 31.77 | 31.77 |
| Announcement Date | 01/03/22 | 22/02/23 | 21/02/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 327.4 | 497.9 | 739 | 965.8 | 1,218 | 1,484 | 1,760 |
| EBITDA 1 | - | 82.09 | 91.18 | 160.1 | 202.2 | 249.8 | 302.9 |
| EBIT 1 | - | -113.3 | -2.612 | 46.22 | 90.45 | 115.1 | 151.6 |
| Operating Margin | - | -22.75% | -0.35% | 4.79% | 7.43% | 7.75% | 8.62% |
| Earnings before Tax (EBT) 1 | - | -121.6 | -16.65 | 16.92 | 68.14 | 77.64 | 105.1 |
| Net income 1 | 5.725 | -14.04 | -4.753 | 1.718 | 49.6 | 78.01 | 95.36 |
| Net margin | 1.75% | -2.82% | -0.64% | 0.18% | 4.07% | 5.26% | 5.42% |
| EPS 2 | - | -0.3100 | -0.0900 | 0.0300 | 0.3900 | 0.4775 | 0.7413 |
| Free Cash Flow 1 | - | -38.07 | -128 | - | -137.4 | -68.78 | - |
| FCF margin | - | -7.65% | -17.32% | - | -11.28% | -4.63% | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 15/07/21 | 01/03/22 | 22/02/23 | 21/02/24 | - | - | - |
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 | 129.8 | 140.1 | 152.2 | 186.4 | 198.6 | 201.8 | 197.3 | 249.9 | 264.5 | 254.1 | 275.1 | 314.6 | 326 | 309.2 | 326.4 |
| EBITDA 1 | 20.65 | 13.28 | 9.662 | 23.94 | 27.83 | 29.75 | 23.88 | 48.6 | 53.01 | 34.58 | 52.54 | 57.06 | 60.49 | 40.28 | 51.09 |
| EBIT 1 | -115 | -7.604 | -14.22 | 2.669 | 5.178 | 3.766 | -0.232 | 19.58 | 24.69 | 2.179 | 25.58 | 29.05 | 29.46 | 7.348 | 24.21 |
| Operating Margin | -88.58% | -5.43% | -9.35% | 1.43% | 2.61% | 1.87% | -0.12% | 7.84% | 9.34% | 0.86% | 9.3% | 9.23% | 9.04% | 2.38% | 7.42% |
| Earnings before Tax (EBT) 1 | -118.4 | -9.59 | -16.49 | -0.866 | -1.777 | 2.482 | -6.811 | 11.56 | 15.23 | -3.061 | -0.4015 | 20.48 | 20.78 | -2.95 | - |
| Net income 1 | -6.738 | -2.87 | -4.947 | -0.906 | 1.763 | -0.663 | -3.842 | 2.752 | 4.21 | -1.402 | 0.5332 | 21.52 | 23.86 | 0.25 | - |
| Net margin | -5.19% | -2.05% | -3.25% | -0.49% | 0.89% | -0.33% | -1.95% | 1.1% | 1.59% | -0.55% | 0.21% | 6.84% | 7.32% | 0.08% | - |
| EPS 2 | -0.1500 | -0.0600 | -0.1000 | -0.0200 | 0.0300 | -0.0100 | -0.0700 | 0.0500 | 0.0700 | -0.0200 | -0.005990 | 0.1305 | 0.1285 | -0.0122 | -0.0160 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/11/21 | 01/03/22 | 11/05/22 | 10/08/22 | 09/11/22 | 22/02/23 | 09/05/23 | 08/08/23 | 07/11/23 | 21/02/24 | 07/05/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 78.7 | - | 290 | 364 | 526 |
| Net Cash position 1 | - | 14.9 | - | 35.9 | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 0.8634 x | - | 1.432 x | 1.459 x | 1.738 x |
| Free Cash Flow 1 | - | -38.1 | -128 | - | -137 | -68.8 | - |
| ROE (net income / shareholders' equity) | - | - | -4.25% | 20.3% | 17.1% | 17.4% | 16.9% |
| ROA (Net income/ Total Assets) | - | -3.45% | -0.55% | 0.12% | 2.6% | 2.9% | - |
| Assets 1 | - | 406.7 | 870 | 1,475 | 1,805 | 2,690 | - |
| Book Value Per Share 2 | - | - | 0.7900 | - | 2.620 | 3.030 | 3.590 |
| Cash Flow per Share 2 | - | 1.750 | 1.150 | 2.250 | 0.6700 | 1.140 | - |
| Capex 1 | - | 118 | 188 | - | 296 | 273 | 256 |
| Capex / Sales | - | 23.79% | 25.42% | - | 24.34% | 18.41% | 14.53% |
| Announcement Date | 15/07/21 | 01/03/22 | 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
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
28.42
USD
Average target price
36.92
USD
Spread / Average Target
+29.90%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +0.32% | 2.65B | |
| -6.19% | 769M | |
| -7.12% | 153M | |
| -9.94% | 88.93M |
- Stock Market
- Equities
- BROS Stock
- Financials Dutch Bros Inc.
