Projected Income Statement: Domino's Pizza Enterprises Limited

Forecast Balance Sheet: Domino's Pizza Enterprises Limited

Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 1,094 1,336 1,580 1,357 1,329 1,133 1,032 938
Change - 22.12% 18.26% -14.11% -2.06% -14.75% -8.91% -9.11%
Announcement Date 8/17/21 8/23/22 8/22/23 8/20/24 8/26/25 - - -
1AUD in Million
Estimates

Cash Flow Forecast: Domino's Pizza Enterprises Limited

Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 98.47 120.7 108.2 44.24 28.77 50.88 74.93 80.46
Change - 22.58% -10.37% -59.11% -34.97% 76.84% 47.25% 7.39%
Free Cash Flow (FCF) 1 275.9 69.41 152.6 192.7 138.4 169 168.1 181
Change - -74.85% 119.86% 26.29% -28.19% 22.12% -0.52% 7.65%
Announcement Date 8/17/21 8/23/22 8/22/23 8/20/24 8/26/25 - - -
1AUD in Million
Estimates

Forecast Financial Ratios: Domino's Pizza Enterprises Limited

Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 19.32% 17.32% 15.1% 15.26% 15.05% 15.54% 16.15% 16.5%
EBIT Margin (%) 13.32% 11.48% 9.08% 8.74% 8.6% 9.11% 9.64% 10.14%
EBT Margin (%) 12.41% 10.51% 4.28% 5.4% 0.34% 7.22% 8.99% 9.59%
Net margin (%) 8.37% 6.93% 2.85% 4.04% -0.16% 4.84% 6.15% 6.58%
FCF margin (%) 12.55% 3.03% 6.49% 8.11% 6.01% 7.8% 7.79% 8.11%
FCF / Net Income (%) 149.96% 43.73% 227.73% 200.84% -3,740.62% 161.19% 126.63% 123.3%

Profitability

        
ROA 7.62% 6.9% 4.92% 3.51% 4.44% 5.18% 6.1% 6.54%
ROE 47.48% 40.38% 27.74% 21.1% 18.4% 16.66% 17.07% 17.37%

Financial Health

        
Leverage (Debt/EBITDA) 2.57x 3.37x 4.45x 3.74x 3.83x 3.37x 2.96x 2.55x
Debt / Free cash flow 3.96x 19.25x 10.35x 7.04x 9.6x 6.7x 6.14x 5.18x

Capital Intensity

        
CAPEX / Current Assets (%) 4.48% 5.27% 4.6% 1.86% 1.25% 2.35% 3.47% 3.61%
CAPEX / EBITDA (%) 23.18% 30.44% 30.46% 12.2% 8.3% 15.12% 21.5% 21.86%
CAPEX / FCF (%) 35.69% 173.92% 70.9% 22.96% 20.79% 30.11% 44.56% 44.45%

Items per share

        
Cash flow per share 1 4.312 2.192 2.96 2.634 1.804 2.117 2.661 2.877
Change - -49.16% 35.01% -11.03% -31.5% 17.34% 25.73% 8.1%
Dividend per Share 1 1.735 1.565 1.1 1.059 0.77 0.533 0.611 0.8882
Change - -9.8% -29.71% -3.73% -27.29% -30.78% 14.63% 45.37%
Book Value Per Share 1 4.613 4.875 5.843 6.703 7.021 7.591 8.353 9.096
Change - 5.67% 19.85% 14.73% 4.73% 8.12% 10.04% 8.9%
EPS 1 2.119 1.83 0.46 1.066 -0.04 1.118 1.386 1.548
Change - -13.64% -74.86% 131.74% -103.75% 2,896.25% 23.88% 11.74%
Nbr of stocks (in thousands) 86,523 86,554 89,090 90,931 94,448 94,747 94,747 94,747
Announcement Date 8/17/21 8/23/22 8/22/23 8/20/24 8/26/25 - - -
1AUD
Estimates
2026 *2027 *
P/E 15.8x 12.7x
PBR 2.32x 2.11x
EV / Sales 1.29x 1.25x
Yield 3.02% 3.47%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
BB
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
15
Last Close Price
17.62AUD
Average target price
20.36AUD
Spread / Average Target
+15.57%

Quarterly revenue - Rate of surprise

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