Company Valuation: Arcos Dorados Holdings Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,227 1,761 2,673 1,534 1,546 1,715 - -
Change - 43.48% 51.84% -42.63% 0.82% 10.9% - -
Enterprise Value (EV) 1 1,715 2,216 3,194 2,175 2,226 2,395 2,332 2,249
Change - 29.18% 44.14% -31.89% 2.32% 7.63% -2.63% -3.57%
P/E 26.5x 12.5x 14.8x 10.3x 7.27x 10.2x 9.72x 8.42x
PBR 5.55x 5.44x 5.19x 3.02x 2.01x 1.92x 1.7x 1.48x
PEG - 0x 0.5x -0.6x 0.2x -0.5x 1.81x 0.5x
Capitalization / Revenue 0.46x 0.49x 0.62x 0.34x 0.33x 0.33x 0.3x 0.28x
EV / Revenue 0.64x 0.61x 0.74x 0.49x 0.48x 0.45x 0.41x 0.37x
EV / EBITDA 6.31x 5.73x 6.76x 4.35x 3.87x 4.41x 3.92x 3.39x
EV / EBIT 11.3x 8.38x 10.2x 6.7x 5.97x 7.52x 6.62x 5.58x
EV / FCF 12x 17.3x 146x -35.8x 148x 16.5x 11.5x 11.4x
FCF Yield 8.34% 5.79% 0.68% -2.79% 0.67% 6.07% 8.7% 8.8%
Dividend per Share 2 - 0.15 0.19 0.24 0.24 0.284 0.322 0.397
Rate of return - 1.79% 1.5% 3.3% 3.27% 3.51% 3.98% 4.91%
EPS 2 0.22 0.67 0.86 0.71 1.01 0.79 0.8325 0.9606
Distribution rate - 22.4% 22.1% 33.8% 23.8% 35.9% 38.7% 41.3%
Net sales 1 2,660 3,619 4,332 4,470 4,678 5,272 5,643 6,082
EBITDA 1 271.8 386.6 472.3 500.1 575.2 543.6 594.5 664.1
EBIT 1 151.4 264.4 314 324.5 373.1 318.6 352.1 402.9
Net income 1 45.49 140.3 181.3 148.8 212.1 165.3 176.8 203.3
Net Debt 1 488.1 455 520.4 641.5 679.4 680.7 617.6 534.4
Reference price 2 5.830 8.360 12.690 7.280 7.340 8.090 8.090 8.090
Nbr of stocks (in thousands) 210,478 210,595 210,655 210,663 210,663 210,663 - -
Announcement Date 3/16/22 3/15/23 3/13/24 3/12/25 3/19/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
Average
Weighted average by Cap.

Y-o-Y evolution of P/E

Valuation ratios - P/E - Arcos Dorados Holdings Inc.

Historical PBR trend

Valuation ratios - PBR - Arcos Dorados Holdings Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Arcos Dorados Holdings Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Arcos Dorados Holdings Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Arcos Dorados Holdings Inc.
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