Wingstop Valuation

Is EWG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of EWG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€172.86
Fair Value
60.8% overvalued intrinsic discount
23
Number of Analysts

Below Fair Value: EWG (€278) is trading above our estimate of fair value (€172.86)

Significantly Below Fair Value: EWG is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for EWG?

Key metric: As EWG is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for EWG. This is calculated by dividing EWG's market cap by their current earnings.
What is EWG's PE Ratio?
PE Ratio52.2x
EarningsUS$172.24m
Market CapUS$9.00b

Price to Earnings Ratio vs Peers

How does EWG's PE Ratio compare to its peers?

The above table shows the PE ratio for EWG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average33.9x
6.6x15.61%€3.5b
TIMA ZEAL Network
20.5x4.98%€966.1m
CAVA CAVA Group
67.9x7.65%US$9.6b
1364 Guming Holdings
40.5x19.00%HK$65.3b
EWG Wingstop
52.2x3.54%€9.0b

Price-To-Earnings vs Peers: EWG is expensive based on its Price-To-Earnings Ratio (52.2x) compared to the peer average (33.9x).


Price to Earnings Ratio vs Industry

How does EWG's PE Ratio compare vs other companies in the European Hospitality Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
EWG 52.2xIndustry Avg. 18.6xNo. of Companies24PE020406080100+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EWG is expensive based on its Price-To-Earnings Ratio (52.2x) compared to the European Hospitality industry average (18.6x).


Price to Earnings Ratio vs Fair Ratio

What is EWG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EWG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio52.2x
Fair PE Ratio19.9x

Price-To-Earnings vs Fair Ratio: EWG is expensive based on its Price-To-Earnings Ratio (52.2x) compared to the estimated Fair Price-To-Earnings Ratio (19.9x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst EWG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€278.00
€279.35
+0.48%
17.23%€354.44€160.38n/a23
May ’26€199.00
€267.24
+34.29%
15.49%€340.99€160.31n/a23
Apr ’26€208.00
€289.66
+39.26%
15.17%€370.76€167.77n/a24
Mar ’26€220.00
€311.93
+41.78%
16.84%€449.89€174.00n/a23
Feb ’26€294.00
€342.64
+16.54%
15.30%€445.75€172.55n/a23
Jan ’26€272.00
€344.46
+26.64%
16.23%€443.62€170.62n/a23
Dec ’25€312.00
€337.83
+8.28%
16.30%€436.64€167.94n/a23
Nov ’25€280.00
€340.40
+21.57%
16.42%€431.87€166.10n/a23
Oct ’25€376.00
€366.83
-2.44%
16.12%€425.03€150.33n/a20
Sep ’25€346.00
€376.49
+8.81%
15.89%€435.24€153.94n/a20
Aug ’25€348.00
€380.03
+9.20%
16.65%€440.18€140.86n/a20
Jul ’25€394.00
€367.56
-6.71%
16.82%€429.33€141.56n/a19
Jun ’25€354.00
€357.24
+0.91%
17.44%€425.69€140.36n/a18
May ’25€366.00
€343.41
-6.17%
18.64%€402.18€130.01€199.0018
Apr ’25€338.00
€299.09
-11.51%
18.40%€378.55€128.34€208.0017
Mar ’25€320.00
€290.58
-9.19%
18.06%€364.51€128.27€220.0018
Feb ’25€260.00
€239.70
-7.81%
19.10%€305.42€105.51€294.0017
Jan ’25€232.00
€209.53
-9.69%
18.33%€259.04€103.61€272.0017
Dec ’24€220.00
€193.32
-12.13%
13.73%€237.59€104.17€312.0018
Nov ’24€186.00
€190.95
+2.66%
13.54%€227.11€107.88€280.0019
Oct ’24€171.00
€186.35
+8.98%
15.42%€227.09€107.87€376.0018
Sep ’24€147.00
€178.46
+21.40%
15.87%€220.27€104.63€346.0018
Aug ’24€152.00
€185.35
+21.94%
15.02%€217.70€97.06€348.0018
Jul ’24€180.00
€190.04
+5.58%
15.46%€218.93€97.61€394.0018
Jun ’24€186.00
€191.74
+3.09%
16.10%€221.04€98.55€354.0016
May ’24€181.00
€169.99
-6.08%
15.87%€205.09€89.33€366.0016
AnalystConsensusTarget
Consensus Narrative from 23 Analysts
€271.78
Fair Value
2.3% overvalued intrinsic discount
23
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/25 12:48
End of Day Share Price 2025/05/23 00:00
Earnings2025/03/29
Annual Earnings2024/12/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Wingstop Inc. is covered by 40 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David TarantinoBaird
Ishan MajumdarBaptista Research
Jeffrey BernsteinBarclays