DUTCH BROS INC-CLASS A (BROS) Stock Fundamental Analysis
USA - NYSE:BROS - US26701L1008 - Common Stock
57.49 USD
+1.39 (+2.48%)
58 USD
+0.51 (+0.89%)
Taking everything into account, BROS scores 5 out of 10 in our fundamental rating. BROS was compared to 134 industry peers in the Hotels, Restaurants & Leisure industry. The financial health of BROS is average, but there are quite some concerns on its profitability. BROS is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
BROS had positive earnings in the past year.
In the past year BROS had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: BROS reported negative net income in multiple years.
Each year in the past 5 years BROS had a positive operating cash flow.
1.2 Ratios
BROS has a Return On Assets (2.04%) which is comparable to the rest of the industry.
BROS's Return On Equity of 9.00% is fine compared to the rest of the industry. BROS outperforms 65.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.82%, BROS is in line with its industry, outperforming 40.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.04% | ||
| ROE | 9% | ||
| ROIC | 3.82% |
ROA(3y)0.37%
ROA(5y)-0.24%
ROE(3y)1.1%
ROE(5y)-2.02%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BROS has a Profit Margin (3.94%) which is comparable to the rest of the industry.
BROS's Profit Margin has declined in the last couple of years.
BROS's Operating Margin of 10.03% is in line compared to the rest of the industry. BROS outperforms 55.97% of its industry peers.
BROS's Operating Margin has declined in the last couple of years.
BROS's Gross Margin of 29.77% is on the low side compared to the rest of the industry. BROS is outperformed by 76.87% of its industry peers.
BROS's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.03% | ||
| PM (TTM) | 3.94% | ||
| GM | 29.77% |
OM growth 3YN/A
OM growth 5Y-5.29%
PM growth 3YN/A
PM growth 5Y-25.4%
GM growth 3Y-0.28%
GM growth 5Y-4.98%
2. Health
2.1 Basic Checks
BROS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, BROS has less shares outstanding
Compared to 5 years ago, BROS has less shares outstanding
Compared to 1 year ago, BROS has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.38 indicates that BROS is not in any danger for bankruptcy at the moment.
BROS has a Altman-Z score of 3.38. This is in the better half of the industry: BROS outperforms 76.87% of its industry peers.
BROS has a debt to FCF ratio of 8.16. This is a slightly negative value and a sign of low solvency as BROS would need 8.16 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 8.16, BROS is doing good in the industry, outperforming 64.93% of the companies in the same industry.
BROS has a Debt/Equity ratio of 0.91. This is a neutral value indicating BROS is somewhat dependend on debt financing.
BROS's Debt to Equity ratio of 0.91 is fine compared to the rest of the industry. BROS outperforms 61.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 8.16 | ||
| Altman-Z | 3.38 |
ROIC/WACC0.45
WACC8.44%
2.3 Liquidity
A Current Ratio of 1.64 indicates that BROS should not have too much problems paying its short term obligations.
BROS has a better Current ratio (1.64) than 74.63% of its industry peers.
BROS has a Quick Ratio of 1.42. This is a normal value and indicates that BROS is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of BROS (1.42) is better than 73.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.42 |
3. Growth
3.1 Past
BROS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 36.96%, which is quite impressive.
BROS shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -11.03% yearly.
Looking at the last year, BROS shows a very strong growth in Revenue. The Revenue has grown by 29.80%.
The Revenue has been growing by 39.97% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)36.96%
EPS 3YN/A
EPS 5Y-11.03%
EPS Q2Q%36.84%
Revenue 1Y (TTM)29.8%
Revenue growth 3Y37.03%
Revenue growth 5Y39.97%
Sales Q2Q%27.97%
3.2 Future
BROS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.21% yearly.
The Revenue is expected to grow by 24.10% on average over the next years. This is a very strong growth
EPS Next Y36.37%
EPS Next 2Y34.3%
EPS Next 3Y31.94%
EPS Next 5Y32.21%
Revenue Next Year27.69%
Revenue Next 2Y26.24%
Revenue Next 3Y24.6%
Revenue Next 5Y24.1%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 91.25, BROS can be considered very expensive at the moment.
BROS's Price/Earnings ratio is a bit more expensive when compared to the industry. BROS is more expensive than 63.43% of the companies in the same industry.
BROS is valuated expensively when we compare the Price/Earnings ratio to 27.77, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 62.49 indicates a quite expensive valuation of BROS.
BROS's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. BROS is more expensive than 63.43% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of BROS to the average of the S&P500 Index (23.23), we can say BROS is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 91.25 | ||
| Fwd PE | 62.49 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BROS is valued a bit more expensive than the industry average as 77.61% of the companies are valued more cheaply.
The rest of the industry has a similar Price/Free Cash Flow ratio as BROS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 129.75 | ||
| EV/EBITDA | 39.31 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BROS does not grow enough to justify the current Price/Earnings ratio.
BROS's earnings are expected to grow with 31.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.51
PEG (5Y)N/A
EPS Next 2Y34.3%
EPS Next 3Y31.94%
5. Dividend
5.1 Amount
No dividends for BROS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
57.49
+1.39 (+2.48%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners82.93%
Inst Owner Change-0.31%
Ins Owners0.91%
Ins Owner Change-54.46%
Market Cap9.46B
Analysts84.8
Price Target83.97 (46.06%)
Short Float %10.44%
Short Ratio3.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)34.43%
Min EPS beat(2)27.51%
Max EPS beat(2)41.35%
EPS beat(4)4
Avg EPS beat(4)81.14%
Min EPS beat(4)27.51%
Max EPS beat(4)224.17%
EPS beat(8)8
Avg EPS beat(8)125.93%
EPS beat(12)11
Avg EPS beat(12)96.29%
EPS beat(16)13
Avg EPS beat(16)58.58%
Revenue beat(2)2
Avg Revenue beat(2)1%
Min Revenue beat(2)0.98%
Max Revenue beat(2)1.02%
Revenue beat(4)4
Avg Revenue beat(4)2.43%
Min Revenue beat(4)0.98%
Max Revenue beat(4)5.75%
Revenue beat(8)7
Avg Revenue beat(8)1.83%
Revenue beat(12)8
Avg Revenue beat(12)0.4%
Revenue beat(16)12
Avg Revenue beat(16)0.71%
PT rev (1m)0%
PT rev (3m)4.86%
EPS NQ rev (1m)1.31%
EPS NQ rev (3m)2.99%
EPS NY rev (1m)0.21%
EPS NY rev (3m)14.73%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)0.69%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 91.25 | ||
| Fwd PE | 62.49 | ||
| P/S | 6.51 | ||
| P/FCF | 129.75 | ||
| P/OCF | 34.71 | ||
| P/B | 14.87 | ||
| P/tB | 15.44 | ||
| EV/EBITDA | 39.31 |
EPS(TTM)0.63
EY1.1%
EPS(NY)0.92
Fwd EY1.6%
FCF(TTM)0.44
FCFY0.77%
OCF(TTM)1.66
OCFY2.88%
SpS8.83
BVpS3.87
TBVpS3.72
PEG (NY)2.51
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.04% | ||
| ROE | 9% | ||
| ROCE | 5.57% | ||
| ROIC | 3.82% | ||
| ROICexc | 4.23% | ||
| ROICexgc | 4.27% | ||
| OM | 10.03% | ||
| PM (TTM) | 3.94% | ||
| GM | 29.77% | ||
| FCFM | 5.02% |
ROA(3y)0.37%
ROA(5y)-0.24%
ROE(3y)1.1%
ROE(5y)-2.02%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-28.12%
ROICexc growth 3YN/A
ROICexc growth 5Y-24.54%
OM growth 3YN/A
OM growth 5Y-5.29%
PM growth 3YN/A
PM growth 5Y-25.4%
GM growth 3Y-0.28%
GM growth 5Y-4.98%
F-Score7
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 8.16 | ||
| Debt/EBITDA | 2.31 | ||
| Cap/Depr | 192.42% | ||
| Cap/Sales | 13.75% | ||
| Interest Coverage | 3.6 | ||
| Cash Conversion | 109.3% | ||
| Profit Quality | 127.36% | ||
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.42 | ||
| Altman-Z | 3.38 |
F-Score7
WACC8.44%
ROIC/WACC0.45
Cap/Depr(3y)329.63%
Cap/Depr(5y)343.93%
Cap/Sales(3y)22.13%
Cap/Sales(5y)20.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)36.96%
EPS 3YN/A
EPS 5Y-11.03%
EPS Q2Q%36.84%
EPS Next Y36.37%
EPS Next 2Y34.3%
EPS Next 3Y31.94%
EPS Next 5Y32.21%
Revenue 1Y (TTM)29.8%
Revenue growth 3Y37.03%
Revenue growth 5Y39.97%
Sales Q2Q%27.97%
Revenue Next Year27.69%
Revenue Next 2Y26.24%
Revenue Next 3Y24.6%
Revenue Next 5Y24.1%
EBIT growth 1Y53.82%
EBIT growth 3YN/A
EBIT growth 5Y32.56%
EBIT Next Year190.23%
EBIT Next 3Y66.72%
EBIT Next 5Y49.18%
FCF growth 1Y162.13%
FCF growth 3YN/A
FCF growth 5Y7.46%
OCF growth 1Y206.13%
OCF growth 3Y45.27%
OCF growth 5Y34.16%