Professional
Added to YB: 2024-05-29
Pitch date: 2024-05-28
PTLO [bullish]
Portillo's Inc.
-52.86%
current return
Author Info
White Brook is a small/mid-cap investment manager that maintains a concentrated portfolio of 8-15 positions in companies valued between $1-18 billion, focusing on undervalued stocks with improving business fundamentals and holding them long-term. The firm follows an ethical investment approach, avoiding sectors like defense and companies with poor environmental or customer relations records. Sign up for the newsletter.
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
$9.95
Price Target
22.00 (+369%)
Dividend
N/A
EV/EBITDA
8.26
P/E
13.57
EV/Sales
1.38
Sector
Hotels, Restaurants and Leisure
Category
growth
Portillo's - Growing Money Trees ($PTLO)
PTLO: Iconic Chicago QSR expanding to Sunbelt. Jan weather & fewer new stores hurt SSS, but fundamentals intact. $5-6M store costs, 25-31% cash-on-cash return (80% if landlord builds). Potential 850 units from 85 today. EBITDA growth to accelerate as scale improves. Berkshire selling abating <20%. $22 near-term PT on 15x EBITDA. Upside multi-bagger if growth continues.
Read full article (12 min)