Papa John's International, Inc. operates and franchises pizza delivery and carryout restaurants under the Papa John's trademark in the United States and internationally.
Reasonable growth potential with imperfect balance sheet.
Share Price & News
How has Papa John's International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PP1's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PP1 exceeded the German Hospitality industry which returned -35.2% over the past year.
Return vs Market: PP1 exceeded the German Market which returned 3.9% over the past year.
Price Volatility Vs. Market
How volatile is Papa John's International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Papa John's International undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PP1 (€77) is trading above our estimate of fair value (€67.5)
Significantly Below Fair Value: PP1 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PP1 is poor value based on its PE Ratio (2474.5x) compared to the DE Hospitality industry average (20.3x).
PE vs Market: PP1 is poor value based on its PE Ratio (2474.5x) compared to the German market (21x).
Price to Earnings Growth Ratio
PEG Ratio: PP1 is poor value based on its PEG Ratio (46.6x)
Price to Book Ratio
PB vs Industry: PP1 has negative assets, so we can't compare its PB Ratio to the DE Hospitality industry average.
How is Papa John's International forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PP1's forecast earnings growth (53.1% per year) is above the savings rate (0.2%).
Earnings vs Market: PP1's earnings (53.1% per year) are forecast to grow faster than the German market (22.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PP1's revenue (2.6% per year) is forecast to grow slower than the German market (5.9% per year).
High Growth Revenue: PP1's revenue (2.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PP1's Return on Equity is forecast to be high in 3 years time (28.1%)
How has Papa John's International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PP1 has a large one-off loss of $26.0M impacting its March 29 2020 financial results.
Growing Profit Margin: PP1 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PP1's earnings have declined by -33.4% per year over the past 5 years.
Accelerating Growth: PP1 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PP1 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (-15.6%).
Return on Equity
High ROE: PP1's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Papa John's International's financial position?
Financial Position Analysis
Short Term Liabilities: PP1 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PP1 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PP1 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PP1's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PP1's debt is well covered by operating cash flow (22.5%).
Interest Coverage: PP1's interest payments on its debt are well covered by EBIT (3.5x coverage).
What is Papa John's International current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PP1's dividend (1.01%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.24%).
High Dividend: PP1's dividend (1.01%) is low compared to the top 25% of dividend payers in the German market (3.82%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PP1 has been paying a dividend for less than 10 years.
Growing Dividend: PP1's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (2507.9%), PP1's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PP1's dividends in 3 years are forecast to be well covered by earnings (39.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Lynch (43yo)
Mr. Robert M. Lynch, also known as Rob, serves as President and Chief Executive Officer of Papa John's International, Inc. since August 27, 2019 and also serves as its Director since 2019. Mr. Lynch had be ...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD7.30M) is above average for companies of similar size in the German market ($USD2.40M).
Compensation vs Earnings: Insufficient data to compare Rob's compensation with company performance.
|Chief Legal & Risk Officer||7.67yrs||US$935.09k||0.098% $2.5m|
|Chief Commercial & Marketing Officer||0.67yr||US$900.24k||0.031% $784.6k|
|Chief People and Diversity Officer||1.5yrs||US$847.30k||0.018% $447.2k|
|Interim Principal Financial & Accounting Officer and VP of Investor Relations & Strategy Planning||0.33yr||US$700.71k||0.040% $1.0m|
|Chief Insights and Technology Officer||1.75yrs||no data||no data|
|Senior Vice president of Communications & Corporate Affairs||0.67yr||no data||no data|
|Senior Vice President of North American Operations and Global Operations Support & Training||4.83yrs||no data||no data|
|Chief Ingredient Officer||4.42yrs||no data||no data|
|Chief Operating Officer of International||2.17yrs||US$1.56m||0.059% $1.5m|
Experienced Management: PP1's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
|Independent Director||17.17yrs||US$275.83k||0.61% $15.4m|
|Independent Director||6.08yrs||US$286.83k||0.043% $1.1m|
|Independent Director||1.42yrs||US$268.42k||no data|
|Independent Chairman of the Board||1.42yrs||US$383.33k||2.28% $58.2m|
|Independent Director||7.75yrs||US$282.33k||0.023% $585.3k|
|Independent Director||1.33yrs||US$191.92k||no data|
|Independent Director||1.33yrs||US$197.92k||no data|
|Independent Director||4.83yrs||US$267.33k||0.0099% $251.8k|
Experienced Board: PP1's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.2%.
Papa John's International, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Papa John's International, Inc.
- Ticker: PP1
- Exchange: DB
- Founded: 1984
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: US$2.883b
- Listing Market Cap: US$2.548b
- Shares outstanding: 32.47m
- Website: https://www.papajohns.com
Number of Employees
- Papa John's International, Inc.
- 2002 Papa John’s Boulevard
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PZZA||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jun 1993|
|PP1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 1993|
Papa John's International, Inc. operates and franchises pizza delivery and carryout restaurants under the Papa John's trademark in the United States and internationally. It operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations. The company also operates dine-in and delivery restaurants. As of December 29, 2019, it operated 5,395 Papa John's restaurants, which included 598 company-owned and 4,797 franchised restaurants. The company was founded in 1984 and is headquartered in Louisville, Kentucky.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/11 21:40|
|End of Day Share Price||2020/07/10 00:00|
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 here.