Company Valuation: Dutch Bros Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,539 1,634 2,389 5,962 7,777 9,040 - -
Change - -35.66% 46.23% 149.58% 30.44% 16.24% - -
Enterprise Value (EV) 1 2,524 1,712 2,353 6,288 8,128 9,495 9,382 9,211
Change - -32.16% 37.41% 167.25% 29.25% 16.83% -1.19% -1.83%
P/E Ratio -164x -313x 1,056x 154x 95.7x 77.4x 55.4x 43.3x
PBR - 35.7x 15.4x 16.1x 19.3x 11.6x 9.37x 7.33x
PEG - 4.4x -8x 0x 1.1x 2.3x 1.4x 1.5x
Capitalization / Revenue 5.1x 2.21x 2.47x 4.65x 4.75x 4.34x 3.53x 2.91x
EV / Revenue 5.07x 2.32x 2.44x 4.91x 4.96x 4.56x 3.67x 2.96x
EV / EBITDA 30.7x 18.8x 14.7x 27.3x 26.9x 25.1x 19.7x 15.8x
EV / EBIT -22.3x -656x 50.9x 59.3x 50.4x 45.4x 33.6x 26x
EV / FCF -66.3x -13.4x -26.6x 255x 149x 156x 91.6x 57.6x
FCF Yield -1.51% -7.47% -3.76% 0.39% 0.67% 0.64% 1.09% 1.74%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.31 -0.09 0.03 0.34 0.64 0.851 1.189 1.522
Distribution rate - - - - - - - -
Net sales 1 497.9 739 965.8 1,281 1,638 2,081 2,558 3,110
EBITDA 1 82.09 91.18 160.1 230.3 302.6 378.6 476.8 584.5
EBIT 1 -113.3 -2.612 46.22 106.1 161.2 209 279.4 354.1
Net income 1 -14.04 -4.753 1.718 35.26 79.84 124.8 177.1 214.4
Net Debt 1 -14.9 78.73 -35.88 326.3 350.8 455.7 342.4 171.1
Reference price 2 50.91 28.19 31.67 52.38 61.22 65.89 65.89 65.89
Nbr of stocks (in thousands) 49,873 57,953 75,430 113,823 127,031 137,193 - -
Announcement Date 01/03/22 22/02/23 21/02/24 12/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
77.42x4.56x25.08x-.--% 9.04B
17.96x2.53x12.22x2.38% 778M
14.89x1.32x7.43x4.94% 393M
36.51x0.65x4.97x - 159M
Average 36.70x 2.27x 12.42x 2.44% 2.59B
Weighted average by Cap. 69.96x 4.23x 23.14x 0.37%

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 Dutch Bros Inc.
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