NasdaqGS:PBPB

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Executive Summary

Potbelly Corporation, through its subsidiaries, owns, operates, and franchises Potbelly Sandwich Works sandwich shops in the United States. More Details


Snowflake Analysis

Worrying balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Potbelly's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PBPB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: PBPB's weekly volatility has decreased from 15% to 9% over the past year.


Market Performance


7 Day Return

3.6%

PBPB

1.7%

US Hospitality

-1.0%

US Market


1 Year Return

17.2%

PBPB

-12.2%

US Hospitality

19.6%

US Market

Return vs Industry: PBPB exceeded the US Hospitality industry which returned -12.2% over the past year.

Return vs Market: PBPB underperformed the US Market which returned 19.6% over the past year.


Shareholder returns

PBPBIndustryMarket
7 Day3.6%1.7%-1.0%
30 Day-1.4%1.8%2.3%
90 Day25.3%23.6%13.1%
1 Year17.2%17.2%-11.2%-12.2%22.3%19.6%
3 Year-61.7%-61.7%-4.7%-10.4%45.3%35.7%
5 Year-54.5%-54.5%57.4%41.8%124.8%99.8%

Long-Term Price Volatility Vs. Market

How volatile is Potbelly's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Potbelly undervalued compared to its fair value and its price relative to the market?

5.35x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PBPB's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PBPB's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PBPB is unprofitable, so we can't compare its PE Ratio to the US Hospitality industry average.

PE vs Market: PBPB is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PBPB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PBPB is overvalued based on its PB Ratio (5.4x) compared to the US Hospitality industry average (3.1x).


Next Steps

Future Growth

How is Potbelly forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

73.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PBPB is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PBPB is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PBPB is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: PBPB's revenue (5.5% per year) is forecast to grow slower than the US market (10.3% per year).

High Growth Revenue: PBPB's revenue (5.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PBPB's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Potbelly performed over the past 5 years?

-68.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PBPB is currently unprofitable.

Growing Profit Margin: PBPB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PBPB is unprofitable, and losses have increased over the past 5 years at a rate of 68.2% per year.

Accelerating Growth: Unable to compare PBPB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PBPB is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-56.1%).


Return on Equity

High ROE: PBPB has a negative Return on Equity (-228.06%), as it is currently unprofitable.


Next Steps

Financial Health

How is Potbelly's financial position?


Financial Position Analysis

Short Term Liabilities: PBPB's short term assets ($36.1M) do not cover its short term liabilities ($60.9M).

Long Term Liabilities: PBPB's short term assets ($36.1M) do not cover its long term liabilities ($223.8M).


Debt to Equity History and Analysis

Debt Level: PBPB's debt to equity ratio (101.3%) is considered high.

Reducing Debt: Insufficient data to determine if PBPB's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PBPB has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: PBPB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.5% each year


Next Steps

Dividend

What is Potbelly current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PBPB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PBPB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PBPB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PBPB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PBPB's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.6yrs

Average management tenure


CEO

Bob Wright (53 yo)

0.50

Tenure

Mr. Robert D. Wright, also known as Bob, serves as President, Chief Executive Officer and Director at Potbelly Corporation since July 20, 2020. He served as the Chief Operating Officer of The Wendy's Compa...


Leadership Team

NamePositionTenureCompensationOwnership
Robert Wright
President0.50yrno data0.65%
$ 776.2k
Steven Cirulis
Senior VP0.75yrno data0.16%
$ 192.5k
Adam Noyes
COO & Senior VP0.42yrno datano data
Jeffrey Douglas
Senior VP & Chief Information Officer1.33yrsno data0.14%
$ 160.8k
Adiya Dixon
Chief Legal Officer & Company Secretary0.083yrno datano data
William Atkins
VP & Controller1.5yrsno data0.0066%
$ 7.9k

0.6yrs

Average Tenure

49yo

Average Age

Experienced Management: PBPB's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Robert Wright
President0.50yrno data0.65%
$ 776.2k
David Head
Independent Director1.42yrsUS$106.31k0.083%
$ 98.0k
Marla Gottschalk
Independent Director11.17yrsUS$150.00k0.46%
$ 543.0k
David Near
Independent Director0.67yrno data0.053%
$ 62.3k
Joseph Boehm
Independent Lead Director0.58yrUS$135.00k0.11%
$ 135.3k
Benjamin Rosenzweig
Independent Director2.75yrsUS$135.00k0.080%
$ 95.1k
Adrian Butler
Independent Director1.67yrsUS$135.00k0.034%
$ 40.7k
Todd Smith
Independent Director0.67yrno datano data

1.0yrs

Average Tenure

50yo

Average Age

Experienced Board: PBPB's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.


Top Shareholders

Company Information

Potbelly Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Potbelly Corporation
  • Ticker: PBPB
  • Exchange: NasdaqGS
  • Founded: 1977
  • Industry: Restaurants
  • Sector: Consumer Services
  • Market Cap: US$118.639m
  • Shares outstanding: 24.21m
  • Website: https://www.potbelly.com

Number of Employees


Location

  • Potbelly Corporation
  • 111 North Canal Street
  • Suite 850
  • Chicago
  • Illinois
  • 60606
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PBPBNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDOct 2013

Biography

Potbelly Corporation, through its subsidiaries, owns, operates, and franchises Potbelly Sandwich Works sandwich shops in the United States. The company offers toasty warm sandwiches, salads, soups, chili, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/18 23:06
End of Day Share Price2021/01/15 00:00
Earnings2020/09/27
Annual Earnings2019/12/29


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.