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Added to YB: 2025-12-11

Pitch date: 2025-12-08

WEN [bullish]

The Wendy's Company

-6.14%

current return

Author Info

Alpha Talon Investment Research is a Hong Kong–based private family office deploying only proprietary capital across biotech, value turnarounds, and catalyst-driven shorts, focused on intrinsic value, regulatory odds, and mispriced fundamentals. Sign up for the newsletter.

Company Info

The Wendy's Company, together with its subsidiaries, engages in the operation, development, and franchising of a system of quick-service restaurants in the United States and internationally.

Market Cap

$1.3B

Pitch Price

$8.12

Price Target

12.40 (+63%)

Dividend

8.22%

EV/EBITDA

10.23

P/E

8.01

EV/Sales

2.36

Sector

Hotels, Restaurants and Leisure

Category

value

Show full summary:
Wendy’s (NASDAQ: WEN): A Cash Machine the Market Left Behind

WEN: Trading at 9x P/E, 8.5x EV/EBITDA vs peers at 15-17x despite 95% franchised model generating 28% EBITDA margins. 6% dividend yield (2x FCF covered) + 10% FCF yield offer 30-40% upside via multiple expansion as leverage drops to 3.5x by 2027, enabling buybacks & credit upgrade.

Read full article (17 min)