(SBUX) Starbucks - NASDAQ
Sector: Consumer Cyclical | Industry: Restaurants | Exchange: NASDAQ (USA) | Market Cap: 114.711m USD | Total Return: 16.9% in 12m
Avg Turnover: 755M
EPS Trend: -87.5%
Qual. Beats: 0
Rev. Trend: 82.7%
Qual. Beats: 1
Warnings
P/E ratio 76.8
Altman Z'' -0.57 < 1.0 - financial distress zone
Tailwinds
Confidence
Starbucks Corporation (NASDAQ: SBUX) is a global roaster, marketer, and retailer of coffee, operating through three reportable segments: North America, International, and Channel Development. The company sells coffee, tea, other beverages, roasted and packaged coffees, single-serve products, and ready-to-drink beverages, alongside a food menu that includes pastries, breakfast sandwiches, and lunch items. It runs a hybrid business model that combines company-operated retail locations with a licensed store program, as well as grocery and foodservice distribution channels. Its brand portfolio includes Starbucks Coffee, Teavana, Seattles Best Coffee, Ethos, and Starbucks Reserve. Founded in 1971 and headquartered in Seattle, Washington, Starbucks is classified within the GICS Consumer Discretionary sector, specifically the Restaurants sub-industry, and trades as a large-cap stock with a public listing dating to 1992.
- China same-store sales decline as Luckin Coffee competition intensifies
- North America traffic recovery under new CEO turnaround strategy
- Mobile order bottlenecks and rising labor costs pressure operating margins
| Net Income: 1.50b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 0.18 > 1.0 |
| NWC/Revenue: -2.31% < 20% (prev -10.22%; Δ 7.91% < -1%) |
| CFO/TA 0.14 > 3% & CFO 4.35b > Net Income 1.50b |
| Net Debt (32.0b) to EBITDA (5.37b): 5.96 < 3 |
| Current Ratio: 0.92 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.14b) vs 12m ago 0.28% < -2% |
| Gross Margin: 20.36% > 18% (prev 24.97%; Δ -4.61% > 0.5%) |
| Asset Turnover: 123.7% > 50% (prev 114.9%; Δ 8.80% > 0%) |
| Interest Coverage Ratio: 6.26 > 6 (EBIT TTM 3.69b / Interest Expense TTM 590.1m) |
| A: -0.03 (Total Current Assets 10.6b - Total Current Liabilities 11.4b) / Total Assets 30.6b |
| B: -0.29 (Retained Earnings -8.88b / Total Assets 30.6b) |
| C: 0.12 (EBIT TTM 3.69b / Avg Total Assets 31.1b) |
| D: -0.22 (Book Value of Equity -8.47b / Total Liabilities 39.0b) |
| Altman-Z'' = -0.57 = B |
| DSRI: 1.05 (Receivables 1.29b/1.15b, Revenue 38.5b/36.3b) |
| GMI: 1.23 (GM 24.97% / 20.36%) |
| AQI: 0.72 (AQ_t 0.15 / AQ_t-1 0.21) |
| SGI: 1.06 (Revenue 38.5b / 36.3b) |
| TATA: -0.09 (NI 1.50b - CFO 4.35b) / TA 30.6b) |
| Beneish M = -2.91 (Cap -4..+1) = A |
As of June 28, 2026, the stock is trading at USD 104.60 with a total of 17,112,000 shares traded. Over the past week, the price has changed by +3.92%, over one month by +3.14%, over three months by +15.34% and over the past year by +16.90%.
Current recommended Stop Loss: 99.80 (which is 4.6% or 1.9 ATR below the current price).
Starbucks has received a consensus analysts rating of 3.66. Therefore, it is recommended to hold SBUX.
- StrongBuy: 13
- Buy: 5
- Hold: 16
- Sell: 2
- StrongSell: 2
| Analysts Target Price | 106.3 | 1.6% |
P/E Trailing = 76.8321
P/E Forward = 34.2466
P/S = 2.9817
P/B = 68.4639
P/EG = 1.3394
Revenue TTM = 38.5b USD
EBIT TTM = 3.69b USD
EBITDA TTM = 5.37b USD
Long Term Debt = 13.1b USD (from longTermDebt, last quarter)
Short Term Debt = 3.30b USD (from shortTermDebt, last quarter)
Debt = 33.7b USD (from shortLongTermDebtTotal, last quarter) + Leases 9.31b
Net Debt = 32.0b USD (calculated: Debt 33.7b - CCE 1.70b)
Enterprise Value = 147b USD (115b + Debt 33.7b - CCE 1.70b)
Interest Coverage Ratio = 6.26 (Ebit TTM 3.69b / Interest Expense TTM 590.1m)
EV/FCF = 53.82x (Enterprise Value 147b / FCF TTM 2.73b)
FCF Yield = 1.86% (FCF TTM 2.73b / Enterprise Value 147b)
FCF Margin = 7.09% (FCF TTM 2.73b / Revenue TTM 38.5b)
Net Margin = 3.89% (Net Income TTM 1.50b / Revenue TTM 38.5b)
Gross Margin = 20.36% ((Revenue TTM 38.5b - Cost of Revenue TTM 30.6b) / Revenue TTM)
Gross Margin QoQ = 20.08% (prev 15.63%)
Tobins Q-Ratio = 4.80 (Enterprise Value 147b / Total Assets 30.6b)
Interest Expense / Debt = 1.75% (Interest Expense 590.1m / Debt 33.7b)
Taxrate = 31.16% (980.0m / 3.15b)
NOPAT = 2.54b (EBIT 3.69b * (1 - 31.16%))
Current Ratio = 0.92 (Total Current Assets 10.6b / Total Current Liabilities 11.4b)
Debt / Equity = -3.98 (negative equity) (Debt 33.7b / totalStockholderEquity, last quarter -8.47b)
Debt / EBITDA = 5.96 (Net Debt 32.0b / EBITDA 5.37b)
Debt / FCF = 11.74 (Net Debt 32.0b / FCF TTM 2.73b)
Total Stockholder Equity = -8.16b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.81% (Net Income 1.50b / Total Assets 30.6b)
RoE = -18.33% (negative equity) (Net Income TTM 1.50b / Total Stockholder Equity -8.16b)
RoCE = 74.95% (EBIT 3.69b / Capital Employed (Equity -8.16b + L.T.Debt 13.1b))
RoIC = 12.27% (NOPAT 2.54b / Invested Capital 20.7b)
WACC = 7.56% (E(115b)/V(148b) * Re(9.43%) + D(33.7b)/V(148b) * Rd(1.75%) * (1-Tc(0.31)))
Discount Rate = 9.43% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 68.89 | Cagr: 0.10%
[DCF] Terminal Value 75.25% ; FCFF base≈2.74b ; Y1≈2.72b ; Y5≈2.81b
[DCF] Fair Price = 10.42 (EV 43.9b - Net Debt 32.0b = Equity 11.9b / Shares 1.14b; r=8.35% [WACC [floored]]; 5y FCF grow -1.42% → 2.50% )
EPS Correlation: -87.48 | EPS CAGR: -31.57% | SUE: 0.65 | # QB: 0
Revenue Correlation: 82.69 | Revenue CAGR: 2.20% | SUE: 1.08 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.65 | Chg30d=+0.17% | Revisions=+29% | Analysts=26
EPS current Year (2026-09-30): EPS=2.38 | Chg30d=+0.22% | Revisions=+70% | GrowthEPS=+11.8% | GrowthRev=+1.2%
EPS next Year (2027-09-30): EPS=3.01 | Chg30d=+0.46% | Revisions=+70% | GrowthEPS=+26.4% | GrowthRev=+1.9%
[Analyst] Revisions Ratio: +70%