Potbelly Corporation Stock Intrinsic Value – POTBELLY CORPORATION Reports Q2 Earnings Results for FY2023 as of June 30 2023
August 7, 2023
🌥️Earnings Overview
On August 3 2023, POTBELLY CORPORATION ($NASDAQ:PBPB) released its earnings results for the second quarter of FY2023, as of June 30 2023. The company’s total revenue came in at USD 126.6 million, representing a 9.2% rise year-on-year. Net income was reported to be USD 2.2 million, compared to 0.6 million in the same period of the previous year.
Market Price
POTBELLY CORPORATION reported their second quarter earnings results for FY2023 on Thursday, June 30, 2023. On the day of the announcement, the stock opened at $9.3 and closed at the same price at the end of the day, down by 0.7% from the previous day’s closing price. The company attributed the increase in revenues to a broad-based growth and improved performance in their core business segments. The increase was driven mainly by higher advertising and promotional expenses, as well as higher costs associated with expanding into new markets.
Overall, the company’s financial results were met with positive sentiment from investors, and POTBELLY CORPORATION stock remained steady throughout the day despite the 0.7% decrease from its opening price. Investors are hopeful that the company’s growth trajectory will continue in the coming quarters as well. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Potbelly Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 482.69 | 12.57 | 1.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Potbelly Corporation. More…
| Operations | Investing | Financing |
| 22.52 | -11.23 | 9.06 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Potbelly Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 256.87 | 249.67 | 0.26 |
Key Ratios Snapshot
Some of the financial key ratios for Potbelly Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.3% | -5.3% | 3.2% |
| FCF Margin | ROE | ROA |
| 2.1% | 162.6% | 3.8% |
Analysis – Potbelly Corporation Stock Intrinsic Value
We at GoodWhale have conducted an in-depth analysis of POTBELLY CORPORATION‘s fundamentals. After evaluating various factors such as the company’s earnings and cash flow, we have arrived at an intrinsic value for a share of POTBELLY CORPORATION, which is around $7.3. This valuation was calculated using our proprietary Valuation Line. At the time of writing, POTBELLY CORPORATION shares are being traded at $9.3. This implies that the stock is currently overvalued by 26.6%. Investors must be aware of this before making any decisions to buy or sell. More…
Peers
Headquartered in Chicago, Illinois, Potbelly has more than 400 company-owned and franchise locations in the United States. Kura Sushi USA Inc, Coffee Inc, Bloomin Brands Inc are all competitors in the same industry.
– Kura Sushi USA Inc ($NASDAQ:KRUS)
Kura Sushi USA Inc is a publicly traded company with a market capitalization of 641.12M as of 2022. The company has a negative return on equity (-2.34%) and is involved in the restaurant industry. Kura Sushi USA Inc operates sushi restaurants in the United States. The company was founded in 2008 and is headquartered in Irving, Texas.
– Coffee Inc ($OTCPK:COFE)
Coffee Inc. is a leading coffee company with a market cap of 10.16M as of 2022. The company has a strong focus on quality and customer service, and has a return on equity of 168.8%. Coffee Inc. offers a variety of coffee products, including whole bean, ground, and instant coffee. The company also offers a variety of teas, including black, green, and herbal teas. Coffee Inc. has a wide array of products for both the home and office coffee drinker.
– Bloomin Brands Inc ($NASDAQ:BLMN)
Bloomin’ Brands Inc is an American casual dining restaurant company that owns Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s Prime Steakhouse & Wine Bar. As of 2022, the company has a market cap of 2.16B and a ROE of 49.93%. Bloomin’ Brands was founded in 1988 and is headquartered in Tampa, Florida.
Summary
POTBELLY CORPORATION reported strong financial performance in their fiscal year 2023 second quarter results. Total revenue was up 9.2% year-over-year to USD 126.6 million, while net income rose to USD 2.2 million from 0.6 million the prior year. This is a positive sign of continued growth for the company, and investors should consider increasing their exposure to POTBELLY CORPORATION as these results indicate that the company is in a strong financial position.
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