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Potbelly Corporation PBPB
Consumer Cyclical - Restaurants - NASDAQ - US
Watchlist
$ 11.52
1.59 %
$ 348 M
Market Cap
8.23
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one PBPB stock under the worst case scenario is HIDDEN Compared to the current market price of 11.5 USD, Potbelly Corporation is HIDDEN

PBPB Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one PBPB stock under the base case scenario is HIDDEN Compared to the current market price of 11.5 USD, Potbelly Corporation is HIDDEN

PBPB Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one PBPB stock under the best case scenario is HIDDEN Compared to the current market price of 11.5 USD, Potbelly Corporation is HIDDEN

PBPB Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart PBPB

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1M 9%
6M 25%
1Y 49%
3Y 114.0%
5Y 424%
All
$14.0$14.0$13.0$13.0$12.0$12.0$11.0$11.0$10.0$10.0$9.0$9.0$8.0$8.0$7.0$7.0Jan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 Jun
FINANCIALS
463 M REVENUE
-5.86%
Growth Rates
1Year -5.86%
3Years 6.77%
5Years 2.46%
7Years 1.11%
10Years 3.53%
11 M OPERATING INCOME
9.85%
Growth Rates
1Year 9.85%
3Years 38.09%
5Years 30.29%
7Years 33.90%
10Years 4.22%
41.3 M NET INCOME
641.12%
Growth Rates
1Year 641.12%
3Years 55.36%
5Years 30.28%
7Years 35.01%
10Years 25.27%
19.7 M OPERATING CASH FLOW
0.90%
Growth Rates
1Year 0.90%
3Years 82.07%
5Years 1.59%
7Years -10.22%
10Years -2.96%
-19.1 M INVESTING CASH FLOW
-77.16%
Growth Rates
1Year -77.16%
3Years -28.24%
5Years -5.84%
7Years 8.18%
10Years 4.17%
-22.6 M FINANCING CASH FLOW
-221.92%
Growth Rates
1Year -221.92%
3Years -32.39%
5Years -36.53%
7Years -24.14%
10Years -19.17%
114 M REVENUE
-2.53%
Growth Rates
1Year -5.86%
3Years 6.77%
5Years 2.46%
7Years 1.11%
10Years 3.53%
250 K OPERATING INCOME
-90.01%
Growth Rates
1Year 9.85%
3Years 38.09%
5Years 30.29%
7Years 33.90%
10Years 4.22%
-62 K NET INCOME
0.00%
Growth Rates
1Year 641.12%
3Years 55.36%
5Years 30.28%
7Years 35.01%
10Years 25.27%
0 OPERATING CASH FLOW
0.00%
Growth Rates
1Year 0.90%
3Years 82.07%
5Years 1.59%
7Years -10.22%
10Years -2.96%
-4.92 M INVESTING CASH FLOW
19.02%
Growth Rates
1Year -77.16%
3Years -28.24%
5Years -5.84%
7Years 8.18%
10Years 4.17%
-611 K FINANCING CASH FLOW
-7637.50%
Growth Rates
1Year -221.92%
3Years -32.39%
5Years -36.53%
7Years -24.14%
10Years -19.17%
Balance Sheet Potbelly Corporation
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Current Assets 33.2 M
Cash & Short-Term Investments 11.7 M
Receivables 9.76 M
Other Current Assets 11.8 M
Non-Current Assets 230 M
Long-Term Investments 0
PP&E 184 M
Other Non-Current Assets 46.2 M
4.43 %3.71 %4.47 %69.82 %17.56 %Total Assets$263.1m
Current Liabilities 65.2 M
Accounts Payable 9.55 M
Short-Term Debt 45.6 M
Other Current Liabilities 10.1 M
Non-Current Liabilities 140 M
Long-Term Debt 132 M
Other Non-Current Liabilities 8.04 M
4.66 %22.23 %4.90 %64.29 %3.92 %Total Liabilities$205.2m
EFFICIENCY
Earnings Waterfall Potbelly Corporation
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Revenue 463 M
Cost Of Revenue 309 M
Gross Profit 154 M
Operating Expenses 143 M
Operating Income 11 M
Other Expenses -30.3 M
Net Income 41.3 M
500m500m450m450m400m400m350m350m300m300m250m250m200m200m150m150m100m100m50m50m00463m(309m)154m(143m)11m30m41mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
33.22% GROSS MARGIN
33.22%
Averages
1Year 33.22%
3Years 31.37%
5Years 27.00%
7Years 27.45%
10Years 28.39%
2.38% OPERATING MARGIN
2.38%
Averages
1Year 2.38%
3Years 1.54%
5Years -3.91%
7Years -3.37%
10Years -1.83%
8.71% NET MARGIN
8.71%
Averages
1Year 8.71%
3Years 3.57%
5Years -3.61%
7Years -3.70%
10Years -2.40%
69.01% ROE
69.01%
Averages
1Year 69.01%
3Years 68.51%
5Years 8.95%
7Years 0.17%
10Years 0.62%
15.31% ROA
15.31%
Averages
1Year 15.31%
3Years 6.37%
5Years -2.68%
7Years -3.75%
10Years -2.24%
23.96% ROIC
23.96%
Averages
1Year 23.96%
3Years 9.50%
5Years 0.66%
7Years -1.23%
10Years -0.33%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Potbelly Corporation
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10m10m5m5m00(5m)(5m)(10m)(10m)(15m)(15m)(20m)(20m)(25m)(25m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 41.3 M
Depreciation & Amortization 12.7 M
Capital Expenditures -19.3 M
Stock-Based Compensation 5.73 M
Change in Working Capital -33.2 M
Others 27.3 M
Free Cash Flow 379 K
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Potbelly Corporation
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PBPB has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 10
6. Ownership
Insider Ownership Potbelly Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
278 K USD 1
3-6 MONTHS
44.4 K USD 1
6-9 MONTHS
486 K USD 1
9-12 MONTHS
7. News
Fry The Coop Now Open In Joliet, We Repeat, Fry The Coop Has Opened JOLIET, IL — Years ago, a member of the Joliet Police Department told Joliet Patch to pay close attention in that for every new restaurant that opens around Joliet, another one closes. But maybe it's the other way around. After all, Joliet just saw its only west side Pop's Italian Beef go out of business at 1866 West Jefferson Street, over near Larkin Avenue. However, there is no time for despair. That's because Joliet's foodies began rejoicing and sharing the great news on Tuesday that Joliet's first Fry The Coop chicken restaurant just opened for business. Fry The Coop replaced the Mooyah Burger in the same brick restaurant building as the Chipotle Mexican Grill and Pot Belly Sandwich Shop, at 2611 West Jefferson Street. "Yes, our chicken is 100 percent Halal certified," the Fry The Coop website explained. "However, we fry all our chicken and fries in beef fat. Unfortunately, that beef fat is not Halal. Currently, Halal certified beef fat does not exist in large quantities for restaurants. We have looked everywhere! When it is accessible, we will make it happen, but that may not be for 2-5 years." You are probably wondering, will Joliet residents flock to Fry The Coop by the thousands? After all, every time a new fast-food restaurant in Joliet opens, practically everyone has to rush out to the new restaurant on the first or second day that it opens, rather than wait a couple weeks for the hype and buzz to subside. Another question you're probably thinking about concerns the potential for traffic congestion along West Jefferson Street. Will the customer lines at the new Fry The Coop become so enormous that the Joliet Police Department will be summoned to help direct traffic in and out of the new restaurant? So, what exactly is Fry The Coop? Joliet Patch reported back in March that the menu for Fry The Coop restaurant features the following items: https://www.patch.com - 3 weeks ago
Potbelly: A Smokin' Hot Quarter For A Growing Brand, Even With Soft Consumer Spending Potbelly's stock surged 18% on May 7, marking a 40% increase since my initial recommendation, driven by strong same-store sales growth and effective engagement initiatives like Potbelly Perks. Despite a challenging Q4, Potbelly's Q1 FY 2025 results exceeded expectations with 0.9% same-store sales growth, boosted by new menu items and value promotions. Potbelly's expansion strategy includes opening 38 new locations in FY 2025, aiming for 2,000 U.S. locations, supported by a healthy balance sheet and low debt. seekingalpha.com - 1 month ago
Potbelly: A Strong Start To 2025 Potbelly delivered +0.9% company-operated same-store sales in Q1 2025, beating its guidance for -1.5% to -0.5%. Potbelly's guidance had included a 1.5% negative impact from winter weather. Potbelly's adjusted EBITDA performance also exceeded expectations. seekingalpha.com - 1 month ago
Potbelly (PBPB) Reports Break-Even Earnings for Q1 Potbelly (PBPB) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to earnings of $0.01 per share a year ago. zacks.com - 1 month ago
What's in Store for These 3 Restaurant Stocks in Q1 Earnings? Restaurant stocks are likely to have benefited from expanding store footprints, digitizing service channels, and menu enhancements in the first quarter of 2025. zacks.com - 1 month ago
Potbelly Stock Down 20% in a Month: Should You Buy the Dip? PBPB remains fundamentally strong, driven by its five-pillar strategy, which emphasizes store expansion through franchising, digital growth and menu innovation. zacks.com - 3 months ago
Potbelly: Sells Off On Company-Owned Expansion Fears But This Growth Play Could Pay Off Potbelly's stock dropped 20% despite beating Q4 FY 2024 EPS and revenue expectations due to plans to resume building company-owned stores, deviating from its asset-light strategy. Management aims to open 20 company-owned restaurants annually starting in late FY 2025, complementing franchise growth and leveraging high-volume markets like Texas and the Midwest. Potbelly's FY 2025 guidance includes 1.5%-2.5% same-store sales growth, 38 new openings, and adjusted EBITDA of $33-$34 million, with a strong buy recommendation under $12. seekingalpha.com - 3 months ago
Potbelly Q4 Earnings Surpass Estimates, Revenues Fall Y/Y PBPB's fiscal fourth-quarter top line is negatively impacted by the absence of a 53rd week in 2024 and the company's ongoing refranchising strategy. zacks.com - 3 months ago
Potbelly Corporation (PBPB) Q4 2024 Earnings Call Transcript Potbelly Corporation (NASDAQ:PBPB ) Q4 2024 Earnings Conference Call March 6, 2025 5:00 PM ET Company Participants Adiya Dixon – Senior Vice President, Chief Legal Officer and Secretary Bob Wright – President and Chief Executive Officer Steve Cirulis – Senior Vice President and Chief Financial Officer Conference Call Participants Jeremy Hamblin – Craig Hallum Capital Group Alex Sturnieks – Lake Street Capital Markets Todd Brooks – The Benchmark Company Matt Curtis – William Blair Operator Good afternoon, everyone, and welcome to Potbelly Corporation's Fourth Quarter 2024 Earnings Conference Call. Today's call is being recorded. seekingalpha.com - 3 months ago
Potbelly (PBPB) Beats Q4 Earnings Estimates Potbelly (PBPB) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.02 per share a year ago. zacks.com - 3 months ago
Potbelly Launches Large Area Developer Incentive Program for Multi-Unit Franchisees Program will reward efficient development timelines with significant financial savings, while supporting long-term growth plans Program will reward efficient development timelines with significant financial savings, while supporting long-term growth plans globenewswire.com - 3 months ago
Potbelly to Post Q4 Earnings: What's in Store for the Stock? PBPB's fourth-quarter performance is likely to have benefited from menu innovation, digital strategies and a franchise-led expansion strategy. zacks.com - 3 months ago
8. Profile Summary

Potbelly Corporation PBPB

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COUNTRY US
INDUSTRY Restaurants
MARKET CAP $ 348 M
Dividend Yield 0.00%
Description Potbelly Corporation, through its subsidiaries, owns, operates, and franchises Potbelly sandwich shops. As of December 26, 2021, it had 443 shops in 33 states and the District of Columbia, which included 397 shops and 46 franchisees operated shops. The company was formerly known as Potbelly Sandwich Works, Inc. and changed its name to Potbelly Corporation in 2002. Potbelly Corporation was founded in 1977 and is headquartered in Chicago, Illinois.
Contact 111 North Canal Street, Chicago, IL, 60606 https://www.potbelly.com
IPO Date Oct. 4, 2013
Employees 5000
Officers Mr. Steven W. Cirulis Senior Vice President, Chief Financial Officer & Chief Strategy Officer Mr. Robert D. Wright President, Chief Executive Officer & Director Ms. Lynette McKee CFE Senior Vice President of Franchising Mr. William C. Atkins Vice President & Controller Mr. Patrick James Walsh Senior Vice President & Chief People Officer Ms. Adiya Dixon Senior Vice President, Chief Legal Officer, Chief Compliance Officer & Secretary Mr. David Scott Daniels Senior Vice President & Chief Marketing Officer Mr. Adam Noyes Chief Operating Officer & Senior Vice President Mr. Jeffrey Douglas Senior Vice President & Chief Information Officer