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Yum! Brands Inc (YUM)

合理估值
Consumer CyclicalRestaurantsUnited States

基本面

73

价格

$136.85

市值

$37.74B

第一部分 · 这家公司值多少

概览

Yum! Brands, Inc., together with its subsidiaries, develops, operates, and franchises traditional and non-traditional quick service restaurants in the United States, China, and internationally. The company operates in four segments: KFC Division, Taco Bell Division, Pizza Hut Division, and Habit Burger & Grill Division. It also operates restaurants under the KFC, Pizza Hut, Taco Bell, and Habit Burger & Grill brands, which specialize in chicken, Mexican-style food and pizza categories, made-to-order chargrilled burgers, sandwiches, and other products. The company was formerly known as TRICON Global Restaurants, Inc. and changed its name to Yum! Brands, Inc. in May 2002. Yum! Brands, Inc. was incorporated in 1997 and is headquartered in Louisville, Kentucky.

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Direct competitors

Who this company fights with for the same customers

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资产负债表与流动性

营收

$8.72B

最近12个月(截至2026/6/30)

净利润

$2.22B

最近12个月(截至2026/6/30)

自由现金流

$1.64B

股东权益合计

$-7.33B

负债合计

$15.52B

流动比率

0.59

利息覆盖率

5.09

债务/EBITDA

5.84

每股收益

营收与净利润

自由现金流

收入构成

历史财务表

利润率变化

债务变化

债务负担有多重

增长一览表

增长 — 营业收入

公允价值估算

一般情形合理估值

公允价值

$177.22

当前价格

$136.85

安全边际

+22.8%

公允价值区间

$139.90 - $214.54

所用估值方法之间的离散区间,并非经过统计校准的置信区间。

估算方法

分析师目标价:$173.56
现金流折现法(DCF):$209.96
市盈率法(P/E):$152.56
格雷厄姆成长公式:$248.50
盈利能力价值(EPV):$96.35
合理市净率(P/B):$61.62
股息折现模型(戈登模型):$73.79
P/FFO(运营资金):$103.48
周期中段收益:$106.73
市销率法(P/S):$53.97
分析师共识:买入 (15B / 17H / 0S)
最近财报超预期:+1.54%

估值指标

市盈率(P/E)

17.15

ROE

-21.3%

市净率(P/B)

-

P/FCF

22.16

毛利率

68.1%

ROIC

48.6%

盈利能力雷达图

价值创造(经济护城河)

ROIC

48.6%

WACC

6.4%

ROIC − WACC

+42.2 pp

ROIC 超过资本成本:公司正在为股东创造价值。

基本面分析标准

通过(20)

  • EPS shows upward trend
  • EPS CAGR 6.49%
  • Price CAGR 8.32%
  • ROIC 48.6%
  • Gross Margin 68.1%
  • P/FCF 22.16
  • Operating Margin 31.0%
  • Positive Free Cash Flow
  • CapEx intensity
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 117.6%
  • Revenue Growth 5Y 7.8%
  • Earnings Surprise avg 2.8%
  • PEG Ratio 1.29
  • Earnings Quality (OCF/NI) 0.94
  • Share Dilution -1.3%
  • Net Margin Trend 25.4% vs 18.1%
  • Piotroski F-Score 5/9

未通过(4)

  • Current Ratio
  • Low reliance on intangibles
  • DCF valuation (Overvalued)
  • Analyst Consensus 47% Buy

不可用(4)

  • P/B Ratio NaN
  • Dividend Payout NaN%
  • Debt/Equity ratio
  • Price below Graham Number

Piotroski F-评分

5/9

信号混杂:部分领域需关注

score
criteria

盈利质量

0.94

中等:利润与现金之间存在一定差距

股权稀释

-1.3%

正在回购股份,对股东友好

机构持股

公司治理

管理团队

姓名职位年龄
Mr. Christopher Lee TurnerCEO & Director50
Mr. Ranjith RoyChief Financial Officer44
Ms. Tracy L. SkeansCOO and Chief People & Culture Officer52
Mr. Sean C. TresvantChief Consumer Officer & CEO of Taco Bell54
Mr. James A. DauschChief Digital & Technology Officer and President of Byte by Yum49
Mr. Matthew Robert MorrisHead of Investor Relations-
Ms. Erika BurkhardtChief Legal Officer & Corporate Secretary51
Ms. Andrea WhitneyChief Communications & Community Impact Officer-
Mr. Ken MuenchChief Marketing Officer-
Mr. James FrippChief Culture, Opportunity & Belonging Officer-

审计风险

5

董事会风险

2

薪酬风险

4

股东权利风险

7

第二部分 · 价格与买入时机

这一部分不判断公司是否值得拥有:它帮助你在基本面说服你之后,选择何时买入。包含:技术分析、潜力、历史回撤、Gamma 敞口。

文件

  • 年度报告(10-K)

    对公司业务、财务业绩和风险的年度概述。

    提交日期:2026-02-20

    查看文件
  • 季度报告(10-Q)

    最近三个月财务表现的最新情况。

    提交日期:2026-08-05

    查看文件
  • 临时报告(8-K)

    关于重大事件(如管理层变动或重要公告)的通知。

    提交日期:2026-09-01

    查看文件

via SEC EDGAR

损益历史

via SEC EDGAR

Latest News

Recent headlines for YUM, sourced from Markets Gazette.

  • 7/14/2026NEGATIVE
    Taco Bell reportedly being investigated by health officials, as cyclosporiasis outbreak spreads

    Yum Brands Inc. saw its shares decline by nearly 4% on Tuesday amid reports of an investigation by health officials into a cyclosporiasis outbreak linked to Taco Bell. The outbreak has reportedly spread, raising concerns about food safety and potential operational disruptions for the fast-food chain. Investors are closely monitoring the situation for any further developments that could impact the company's reputation and financial performance. The stock's significant drop reflects market apprehension regarding the potential fallout from these health-related issues.

  • 6/16/2026NEUTRAL
    Yum! Will Sell Struggling Pizza Hut for $2.7 Billion

    Yum! Brands has agreed to sell its struggling Pizza Hut U.S. division to private equity firm LongRange Capital for $2.7 billion. The transaction is anticipated to finalize in the third quarter. This strategic divestment allows Yum! Brands to sharpen its focus on its more robust brands, Taco Bell and KFC. While the sale of a underperforming asset can be viewed positively for streamlining operations, the substantial price tag and the impact on overall brand portfolio require careful investor consideration. The market will be watching how this move affects future growth trajectories and profitability.

  • 6/16/2026NEGATIVE
    Yum Brands sells a shrinking Pizza Hut for $2.7 billion

    Yum Brands has agreed to sell its U.S. and international Pizza Hut operations to LongRange Capital for $1.5 billion, while Yum China will acquire the mainland China business for $1.2 billion. This strategic divestment comes as the Pizza Hut brand faces challenges, evidenced by the closure of 250 American stores. The sale signals a move by Yum Brands to streamline its portfolio and focus on more profitable segments, but the substantial sale of a historically significant brand, coupled with store closures, suggests underlying weakness and may weigh on investor sentiment.

  • 6/3/2026NEUTRAL
    Yum Is In Exclusive Talks To Sell Pizza Hut To LongRange

    Yum! Brands is reportedly in exclusive negotiations to divest its Pizza Hut division to private equity firm LongRange Capital. While the terms of the potential deal remain undisclosed, the sale would represent a significant strategic shift for Yum!, which has been focusing on its KFC and Taco Bell brands. Investors will be watching for details on the valuation and the impact on Yum!'s future growth strategy, as the divestiture could unlock capital for reinvestment or shareholder returns. The outcome will determine the future direction of both Yum! Brands and the Pizza Hut chain under new ownership.

  • 2/26/2026POSITIVE
    Pizza Hut rival closing 300 locations nationwide

    Yum! Brands Inc. is outlining a strategic reorganization aimed at bolstering its profitability, with a potentially positive impact for investors. The company is considering the sale of its Pizza Hut brand and has already announced the closure of approximately 250 underperforming restaurants. This strategic move follows the revelation that Taco Bell and KFC generate around 90% of the group's operating profits, underscoring the need to divest from less performing assets. Portfolio rationalization and a sharpened focus on flagship brands like Taco Bell and KFC could translate into greater operational efficiency and higher margins, making Yum! Brands an attractive opportunity for those seeking growth through corporate restructuring.

via Markets Gazette