Added to YB: 2024-05-17
Pitch date: 2024-05-15
PTLO [neutral]
Portillo's Inc.
-54.29%
current return
Author Info
Company Info
Portillo's Inc. owns and operates fast casual restaurants in the United States. The company offers Chicago-style hot dogs and sausages, Italian beef sandwiches, char-grilled burgers, chopped salads, crinkle-cut and cheese fries, homemade chocolate cakes, and chocolate cake shake.
Market Cap
$344.6M
Pitch Price
$10.26
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.26
P/E
13.57
EV/Sales
1.38
Sector
Hotels, Restaurants and Leisure
Category
growth
Is This Restaurant Stock The Next Chipotle? (Portillo's Stock Report, Ticker: PTLO)
PTLO: Fast-casual serving Chicago street food, expanding nationally from Chicago roots. 85 units, plans for 500+. AUVs $10.8M & 31% margins in Chicago, $6.6M & 20% in Sun Belt. Q1 comp sales -1.2% but opens strong. New builds $7M, 23% cash returns. 2024-2030 est $1.1B FCF after expansion costs. Strong mgmt ex-Starbucks/McD but some PE shareholder & tax concerns. Cheap at $1.4B EV if unit growth & margins hold. Risks: comps, FCF, value capture.
Read full article (14 min)