Just Eat Takeaway.com N.V.

OTCPK:JTKW.Y Stock Report

Market Cap: US$4.7b

Just Eat Takeaway.com Balance Sheet Health

Financial Health criteria checks 4/6

Just Eat Takeaway.com has a total shareholder equity of €4.2B and total debt of €1.4B, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are €7.0B and €2.8B respectively.

Key information

32.29%

Debt to equity ratio

€1.36b

Debt

Interest coverage ration/a
Cash€1.29b
Equity€4.21b
Total liabilities€2.82b
Total assets€7.03b

Recent financial health updates

Recent updates

Seeking Alpha • Mar 12

Just Eat Takeaway: Uber Vs. Private Equity

Yesterday Betaville publishes on their website an interesting rumour. I wrote an article in January that predicted this too. Just Eat Takeaway continues to be significantly undervalued and that makes a takeover bid a high probability.
Seeking Alpha • Jan 27

Just Eat Takeaway: A Takeover Bid Is A High Probability Event

I think that multiple companies may currently be considering a bid on Just Eat Takeaway. Especially Amazon and Uber are high-probability candidates. JET's incredibly discounted valuation makes a hostile takeover bid relatively easy.
Seeking Alpha • Dec 13

Just Eat Takeaway: Value Of iFood Stake Amounts To 30-80% Of Its Market Cap

I believe the market entirely neglects the huge value iFood represents. iFood's valuation is anywhere from $9 billion to $25 billion, and probably in the middle. JET holds a 33% stake. iFood is running a practical monopoly in Brazil. JET's EV is $12.6 billion.
Seeking Alpha • Oct 30

Just Eat Takeaway: Cat Rock Becomes An Impatient Activist And Blows Up The Strategy

Merging with Grubhub was a necessity to avoid giving Uber valuable profit pools which it could reinvest in Europe. Cat Rock was Takeaway's biggest most vocal supporter during the Grubhub merger calling it a "masterstroke". After the Capital Market's day of Takeaway, Cat Rock sent a public letter. In short, Cat Rock is worried about JET's low stock price. Cat Rock's solution is just to subsidize Amazon or another suitor into entering grocery and, by doing so, derisk the stock, which in turn leads to a stock appreciation?
Seeking Alpha • Aug 31

Just Eat Takeaway: Sales Growth And Undervalued

Just Eat Takeaway N.V. or GRUB in the United States is a Dutch dot-com business specializing in online food ordering and delivering outstanding growth to shareholders. If Just Eat’s supply expansion and brand awareness efforts successfully work in some countries, they will most likely grow in other regions. The management believes that the food delivery market is worth more than €72 billion. In my view, there is significant room for improvement in terms of revenue. In my base case scenario, I assumed that the company would continue to invest successfully in brand awareness. As a result, the number of restaurants that sign agreements with the company increase. With sales growth at 22%, with capital expenditures growth of 12%, and FCF/Sales of 7%, the implied fair value stands at $26, which is above the current market price.
Seeking Alpha • Jul 16

Just Eat Takeaway: The Profitability Dilemma

JET's order growth exceeds all expectations. JET is guiding for significantly larger short-term losses. JET is expanding market share in London at a rapid pace. JET's stock is falling due to the profitability dilemma.
Seeking Alpha • Jul 01

Just Eat Takeaway Is A Hidden Recovery Play

JET's hybrid model is superior to its competitors' logistical models in Europe. Just Eat Takeaway's stock remains cheap considering long-term growth and margin prospects. JET is a hidden recovery play. JET leads European competitors in market share, gross profits and EBITDA.

Financial Position Analysis

Short Term Liabilities: JTKW.Y's short term assets (€1.7B) do not cover its short term liabilities (€1.8B).

Long Term Liabilities: JTKW.Y's short term assets (€1.7B) exceed its long term liabilities (€1.0B).

Debt to Equity History and Analysis

Debt Level: JTKW.Y's net debt to equity ratio (1.5%) is considered satisfactory.

Reducing Debt: JTKW.Y's debt to equity ratio has increased from 5.6% to 32.3% 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: Whilst unprofitable JTKW.Y has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: JTKW.Y is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.7% per year.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/16 02:37
End of Day Share Price 2025/10/16 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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

Just Eat Takeaway.com N.V. is covered by 16 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Samuel LourenszArete Research Services LLP
Monique PollardCitigroup Inc
Silvia CuneoDeutsche Bank