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PTLO

Portillo'sNasdaqGS:PTLO Stock Report

Market Cap

US$3.2b

7D

-6.3%

1Y

n/a

Updated

26 Nov, 2021

Data

Company Financials +
PTLO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance2/6
Financial Health1/6
Dividends0/6

PTLO Stock Overview

Portillo’s Inc., through with its subsidiaries, engages in the ownership and operation of fast casual and quick service restaurants in the United States.

Portillo's Competitors

Chipotle Mexican Grill

NYSE:CMG

US$47.5b

Shake Shack

NYSE:SHAK

US$3.2b

Price History & Performance

Summary of all time highs, changes and price drops for Portillo's
Historical stock prices
Current Share PriceUS$41.89
52 Week HighUS$57.73
52 Week LowUS$25.72
Beta0
1 Month Change3.92%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO43.95%

Recent News & Updates

Oct 28

Portillo's: Served Too Hot

Portillo's has seen a very successful public offering. The Chicago-based franchise is still rather small, but has larger potential. Despite the potential and solid unit economics, I think that the current valuation is far too high here to see any appeal.

Shareholder Returns

PTLOUS HospitalityUS Market
7D-6.3%-6.9%-2.7%
1Yn/a2.3%21.3%

Return vs Industry: Insufficient data to determine how PTLO performed against the US Hospitality industry.

Return vs Market: Insufficient data to determine how PTLO performed against the US Market.

Price Volatility

Is PTLO's price volatile compared to industry and market?
PTLO volatility
PTLO Average Weekly Movementn/a
Hospitality Industry Average Movement6.2%
Market Average Movement5.9%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.2%

Stable Share Price: Insufficient data to determine PTLO's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine PTLO's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1963n/aMichael Osanloohttps://www.portillos.com

Portillo’s Inc., through with its subsidiaries, engages in the ownership and operation of fast casual and quick service restaurants in the United States. The company offers Chicago-style hot dogs and sausages, Italian beef sandwiches, chopped salads, burgers, crinkle-cut French fries, homemade chocolate cake, and milkshakes. As of June 27, 2021, it owned and operated 67 restaurants in Illinois, Arizona, Indiana, Florida, Iowa, Minnesota, Wisconsin, Michigan, and California.

Portillo's Fundamentals Summary

How do Portillo's's earnings and revenue compare to its market cap?
PTLO fundamental statistics
Market CapUS$3.15b
Earnings (TTM)US$3.03m
Revenue (TTM)US$514.56m

1,018x

P/E Ratio

6.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PTLO income statement (TTM)
RevenueUS$514.56m
Cost of RevenueUS$372.93m
Gross ProfitUS$141.63m
ExpensesUS$138.60m
EarningsUS$3.03m

Last Reported Earnings

Sep 26, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.041
Gross Margin27.52%
Net Profit Margin0.59%
Debt/Equity Ratio129.6%

How did PTLO perform over the long term?

See historical performance and comparison

Valuation

Is Portillo's undervalued compared to its fair value and its price relative to the market?

1017.98x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PTLO ($41.89) is trading above our estimate of fair value ($2.41)

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


Price To Earnings Ratio

PE vs Industry: PTLO is poor value based on its PE Ratio (1018x) compared to the US Hospitality industry average (24x).

PE vs Market: PTLO is poor value based on its PE Ratio (1018x) compared to the US market (17.2x).


Price to Earnings Growth Ratio

PEG Ratio: PTLO is poor value based on its PEG Ratio (13.4x)


Price to Book Ratio

PB vs Industry: PTLO is overvalued based on its PB Ratio (21.3x) compared to the US Hospitality industry average (3.3x).


Future Growth

How is Portillo's forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

76.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PTLO's forecast earnings growth (76% per year) is above the savings rate (2%).

Earnings vs Market: PTLO's earnings (76% per year) are forecast to grow faster than the US market (14.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PTLO's revenue (10.4% per year) is forecast to grow faster than the US market (10.1% per year).

High Growth Revenue: PTLO's revenue (10.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PTLO's Return on Equity is forecast to be low in 3 years time (6.3%).


Past Performance

How has Portillo's performed over the past 5 years?

11.5%

Last years revenue growth


Earnings and Revenue History

Quality Earnings: PTLO has high quality earnings.

Growing Profit Margin: PTLO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if PTLO's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare PTLO's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: PTLO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (79.7%).


Return on Equity

High ROE: PTLO's Return on Equity (7%) is considered low.


Financial Health

How is Portillo's's financial position?


Financial Position Analysis

Short Term Liabilities: PTLO's short term assets ($67.1M) exceed its short term liabilities ($62.3M).

Long Term Liabilities: PTLO's short term assets ($67.1M) do not cover its long term liabilities ($504.5M).


Debt to Equity History and Analysis

Debt Level: PTLO's net debt to equity ratio (116%) is considered high.

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

Debt Coverage: PTLO's debt is not well covered by operating cash flow (12.8%).

Interest Coverage: PTLO's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


Dividend

What is Portillo's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate PTLO'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 PTLO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PTLO'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 PTLO'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?

2.3yrs

Average management tenure


CEO

Michael Osanloo (55 yo)

3.25yrs

Tenure

Mr. Michael Osanloo has been the Chief Executive Officer of P.F. Chang's China Bistro, Inc. since March 2015. Mr. Osanloo served as Executive Vice President and President of Grocery at Kraft Heinz Company....


Leadership Team

Experienced Management: PTLO's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: PTLO's board of directors are considered experienced (5.2 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: PTLO only recently listed within the past 12 months.


Top Shareholders

Company Information

Portillo's Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Portillo's Inc.
  • Ticker: PTLO
  • Exchange: NasdaqGS
  • Founded: 1963
  • Industry: Restaurants
  • Sector: Consumer Services
  • Implied Market Cap: US$3.154b
  • Market Cap: US$1.500b
  • Shares outstanding: 73.72m
  • Website: https://www.portillos.com

Location

  • Portillo's Inc.
  • 2001 Spring Road
  • Suite 400
  • Oak Brook
  • Illinois
  • 60523
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 23:18
End of Day Share Price2021/11/26 00:00
Earnings2021/09/26
Annual Earnings2020/12/27


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.