Company Valuation: The Wendy's Company

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 4,989 5,260 4,853 4,018 3,363 1,424 1,424 -
Change - 5.43% -7.74% -17.2% -16.29% -57.66% 0% -
Enterprise Value (EV) 1 7,447 7,364 6,958 6,264 5,653 3,844 3,878 3,851
Change - -1.12% -5.5% -9.98% -9.75% -32% 0.86% -0.69%
P/E ratio 42.8x 26.8x 27.8x 20.1x 17.4x 9.79x 12.8x 10.6x
PBR 9.08x 12.3x 10.4x 12.9x 13x 10.3x 6.83x 6.46x
PEG - 0.4x -3.53x 1.1x -8.44x -0.9x -0.4x 0.5x
Capitalization / Revenue 2.88x 2.77x 2.32x 1.84x 1.5x 0.73x 0.65x 0.64x
EV / Revenue 4.3x 3.88x 3.32x 2.87x 2.52x 1.77x 1.76x 1.72x
EV / EBITDA 17.7x 15.8x 14x 11.7x 10.4x 7.37x 8.29x 7.86x
EV / EBIT 25.9x 21.6x 19.2x 16.4x 15.2x 10.9x 13.4x 12.2x
EV / FCF 34.6x 27.5x 39.9x 24.1x 21.7x 16.6x 21.1x 18x
FCF Yield 2.89% 3.64% 2.51% 4.16% 4.62% 6.02% 4.74% 5.56%
Dividend per Share 2 0.29 0.43 - 1 1 0.6586 0.5872 0.6421
Rate of return 1.3% 1.8% - 5.13% 6.06% 8.81% 7.85% 8.58%
EPS 2 0.52 0.89 0.82 0.97 0.95 0.85 0.5856 0.7089
Distribution rate 55.8% 48.3% - 103% 105% 77.6% 100% 90.6%
Net sales 1 1,734 1,897 2,096 2,182 2,246 2,177 2,206 2,233
EBITDA 1 420.1 467 497.8 535.9 543.6 522.4 467.9 489.8
EBIT 1 287.3 341.4 362 382 371.4 343.5 289 315.5
Net income 1 117.8 200.4 177.4 204.4 194.4 165.1 110.9 131.4
Net Debt 1 2,458 2,104 2,106 2,246 2,290 2,420 2,453 2,427
Reference price 2 22.260 23.840 22.780 19.480 16.500 7.480 7.480 7.480
Nbr of stocks (in thousands) 224,119 220,634 213,027 206,259 203,845 190,400 190,400 -
Announcement Date 03/03/21 01/03/22 01/03/23 15/02/24 13/02/25 13/02/26 - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.82x1.77x7.37x8.81% 1.42B
27.42x10.22x18.6x2.18% 233B
31.98x3.62x20.29x-.--% 47.28B
29.86x6.81x19.43x1.77% 44.48B
22.39x3.77x11.94x3.73% 22.91B
22.36x1.52x9.96x1.6% 19.54B
21.34x3.54x16.84x1.85% 12.69B
36.4x10.29x29.88x0.51% 6.16B
29.19x - - 0.79% 6.15B
Average 25.53x 5.19x 16.79x 2.36% 43.77B
Weighted average by Cap. 27.61x 7.96x 18.15x 1.9%

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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