Black Rock Coffee Bar, Inc. (BRCB) vs Portillo's Inc. (PTLO)

Black Rock Coffee Bar, Inc. and Portillo's Inc. are both Restaurants companies. Black Rock Coffee Bar, Inc. is the larger, with a market value of $360.0M against $274.2M — 1.3× the size. Black Rock Coffee Bar, Inc. has negative trailing earnings, so its P/E is not meaningful; Portillo's Inc. trades at 18.4×. Portillo's Inc. has the higher net margin (1.85% vs 0.69%) and the higher return on invested capital (2.91% vs 1.09%). Across the 16 metrics below, Portillo's Inc. leads on 12 and Black Rock Coffee Bar, Inc. on 4.

Valuation

Metric BRCB PTLO Restaurants median
P/E n/m 18.42 22.14
P/S 0.68 0.34 0.91
P/B 1.39 0.50 2.01
Price to free cash flow n/m n/m 19.41
EV/EBITDA 10.18 7.19 11.48
EV/Sales 0.75 0.63 1.20
Earnings yield (13.52%) 5.43% 2.30%
Free cash flow yield (26.50%) (3.62%) 3.92%

Profitability

Metric BRCB PTLO Restaurants median
Gross margin 72.74% 65.31% 38.77%
Operating margin 0.97% 4.55% 4.30%
Net margin 0.69% 1.85% 1.85%
Free cash flow margin (18.08%) (1.22%) 3.12%
Return on equity (2.07%) 2.78% 3.07%
Return on assets 0.78% 0.87% 1.50%
Return on invested capital 1.09% 2.91% 3.14%

Growth

Metric BRCB PTLO Restaurants median
Revenue growth (TTM) — 2.89% 5.16%
EPS growth (last fiscal year) — (41.30%) —
Revenue growth, 5-year CAGR — 9.96% 10.57%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric BRCB PTLO Restaurants median
Debt to equity 0.28 0.47 0.10
Current ratio 0.71 0.26 0.81
Net debt to EBITDA (0.12) 3.05 0.43

Dividend

Metric BRCB PTLO Restaurants median
Dividend yield — — 2.32%
Payout ratio — 0.00 0.00

Size

Metric BRCB PTLO Restaurants median
Market cap 360.02m 274.16m 482.66m

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