(PZZA) Papa John's International - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6988131024

Pizza, Dough, Sauce, Beverages, Supplies

Restaurants
Market Cap in USD: 1,223m

IPO / Inception: 1993-06-08
12m vs SPY: -13.2%

EPS (Earnings per Share)

EPS CAGR: -52.90%
EPS Trend: -78.2%

Last SUE: -3.42
Qual. Beats: 0

Revenue

Rev. CAGR: -1.06%
Rev. Trend: -24.1%

Last SUE: -1.12
Qual. Beats: 0

Dividends

Dividend Yield	4.44%
Yield on Cost 5y	2.15%
Yield CAGR 5y	12.47%
Payout Consistency	98.9%
Payout Ratio	115.7%

Risk via 5d forecast
Volatility	38.0%
Value at Risk 5%th	57.2%
Relative Tail Risk	-8.48%

Reward TTM
Sharpe Ratio	0.27
Alpha	-13.03
CAGR/Max DD	-0.31

Character TTM
Hurst Exponent	0.483
Beta	0.820
Beta Downside	0.951

Drawdowns 3y
Max DD	66.25%
Mean DD	37.90%
Median DD	43.78%

Description: PZZA Papa John's International January 15, 2026

Papa John’s International Inc. (NASDAQ:PZZA) runs and franchises pizza delivery and carry-out outlets under the Papa John’s brand across the U.S., Canada, and other international markets. The company’s operations are split into four segments: Domestic Company-Owned Restaurants, North America Franchising, North America Commissaries, and International, with the latter also offering dine-in concepts.

As of the latest quarterly report, same-store sales were up roughly 4% year-over-year, and the franchise network now exceeds 5,300 locations, contributing over 70% of total systemwide sales. The firm’s operating margin sits near 12%, bolstered by cost-saving initiatives in its commissary supply chain and a growing share of digital orders, which now account for about 55% of total transactions.

Key economic levers for Papa John’s include consumer discretionary spending trends, commodity price volatility (especially cheese and wheat), and labor-cost pressures in the restaurant sector. Additionally, the broader shift toward online ordering and delivery platforms continues to drive incremental traffic and higher average ticket sizes.

For a deeper, data-driven view of Papa John’s valuation dynamics, you may find ValueRay’s analytical dashboard worth a quick look.

Piotroski VR‑10 (Strict, 0-10) 2.0

Net Income (38.3m TTM) > 0 and > 6% of Revenue (6% = 125.2m TTM)

FCFTA 0.09 (>2.0%) and ΔFCFTA 3.39pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -1.92% (prev -2.60%; Δ 0.69pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.18 (>3.0%) and CFO 156.9m > Net Income 38.3m (YES >=105%, WARN >=100%)

Net Debt (911.2m) to EBITDA (173.1m) ratio: 5.26 <= 3.0 (WARN <= 3.5)

Current Ratio 0.87 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (33.0m) change vs 12m ago 0.34% (target <= -2.0% for YES)

Gross Margin 24.64% (prev 25.77%; Δ -1.13pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 239.1% (prev 243.9%; Δ -4.80pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.32 (EBITDA TTM 173.1m / Interest Expense TTM 40.6m) >= 6 (WARN >= 3)

Altman Z'' 1.41

(A) -0.05 = (Total Current Assets 270.8m - Total Current Liabilities 310.8m) / Total Assets 884.1m

(B) 0.25 = Retained Earnings (Balance) 219.0m / Total Assets 884.1m

(D) 0.16 = Book Value of Equity 212.8m / Total Liabilities 1.31b

Total Rating: 1.41 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 50.17

1. Piotroski 2.0pt

2. FCF Yield 3.78%

3. FCF Margin 3.86%

4. Debt/Equity -2.16

5. Debt/Ebitda 5.26

6. ROIC - WACC (= 17.06)%

7. RoE -8.83%

8. Rev. Trend -24.09%

9. EPS Trend -78.21%

What is the price of PZZA shares?

As of January 16, 2026, the stock is trading at USD 37.58 with a total of 724,180 shares traded.
Over the past week, the price has changed by +0.08%, over one month by -9.58%, over three months by -21.93% and over the past year by +4.17%.

Is PZZA a buy, sell or hold?

Papa John's International has received a consensus analysts rating of 3.64. Therefor, it is recommend to hold PZZA.

Strong Buy: 4
Buy: 1
Hold: 9
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the PZZA price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	47.4	26.1%
Analysts Target Price	47.4	26.1%
ValueRay Target Price	34.1	-9.3%

PZZA Fundamental Data Overview January 13, 2026

P/E Trailing = 32.7061
P/E Forward = 18.1818
P/S = 0.586
P/EG = 2.2732
Revenue TTM = 2.09b USD
EBIT TTM = 94.2m USD
EBITDA TTM = 173.1m USD
Long Term Debt = 727.1m USD (from longTermDebt, last quarter)
Short Term Debt = 37.9m USD (from shortTermDebt, last quarter)
Debt = 950.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 911.2m USD (from netDebt column, last quarter)
Enterprise Value = 2.13b USD (1.22b + Debt 950.2m - CCE 39.0m)
Interest Coverage Ratio = 2.32 (Ebit TTM 94.2m / Interest Expense TTM 40.6m)
EV/FCF = 26.46x (Enterprise Value 2.13b / FCF TTM 80.6m)
FCF Yield = 3.78% (FCF TTM 80.6m / Enterprise Value 2.13b)
FCF Margin = 3.86% (FCF TTM 80.6m / Revenue TTM 2.09b)
Net Margin = 1.83% (Net Income TTM 38.3m / Revenue TTM 2.09b)
Gross Margin = 24.64% ((Revenue TTM 2.09b - Cost of Revenue TTM 1.57b) / Revenue TTM)
Gross Margin QoQ = 19.20% (prev 29.75%)
Tobins Q-Ratio = 2.41 (Enterprise Value 2.13b / Total Assets 884.1m)
Interest Expense / Debt = 1.05% (Interest Expense 9.95m / Debt 950.2m)
Taxrate = 28.16% (1.75m / 6.23m)
NOPAT = 67.6m (EBIT 94.2m * (1 - 28.16%))
Current Ratio = 0.87 (Total Current Assets 270.8m / Total Current Liabilities 310.8m)
Debt / Equity = -2.16 (negative equity) (Debt 950.2m / totalStockholderEquity, last quarter -439.3m)
Debt / EBITDA = 5.26 (Net Debt 911.2m / EBITDA 173.1m)
Debt / FCF = 11.30 (Net Debt 911.2m / FCF TTM 80.6m)
Total Stockholder Equity = -433.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.39% (Net Income 38.3m / Total Assets 884.1m)
RoE = -8.83% (negative equity) (Net Income TTM 38.3m / Total Stockholder Equity -433.2m)
RoCE = 32.03% (EBIT 94.2m / Capital Employed (Equity -433.2m + L.T.Debt 727.1m))
RoIC = 22.42% (NOPAT 67.6m / Invested Capital 301.7m)
WACC = 5.36% (E(1.22b)/V(2.17b) * Re(8.94%) + D(950.2m)/V(2.17b) * Rd(1.05%) * (1-Tc(0.28)))
Discount Rate = 8.94% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.33%
[DCF Debug] Terminal Value 83.19% ; FCFF base≈68.1m ; Y1≈52.2m ; Y5≈32.4m
Fair Price DCF = 2.84 (EV 1.00b - Net Debt 911.2m = Equity 93.0m / Shares 32.8m; r=5.90% [WACC]; 5y FCF grow -27.77% → 2.90% )
EPS Correlation: -78.21 | EPS CAGR: -52.90% | SUE: -3.42 | # QB: 0
Revenue Correlation: -24.09 | Revenue CAGR: -1.06% | SUE: -1.12 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.42 | Chg30d=-0.005 | Revisions Net=-3 | Analysts=12
EPS next Year (2026-12-31): EPS=1.84 | Chg30d=-0.001 | Revisions Net=-7 | Growth EPS=+29.0% | Growth Revenue=-1.8%

Additional Sources for PZZA Stock

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