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DPC Dash Ltd
HKEX:1405

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DPC Dash Ltd
HKEX:1405
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Price: 50.4 HKD 5% Market Closed
Market Cap: HK$6.6B

EV/FCFF

16.7
Current
64%
Cheaper
vs 3-y average of 46.7

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
16.7
=
Enterprise Value
HK$7.4B
/
Free Cash Flow to Firm
¥386.9m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
16.7
=
Enterprise Value
HK$7.4B
/
Free Cash Flow to Firm
¥386.9m

Valuation Scenarios

DPC Dash Ltd is trading below its 3-year average

If EV/FCFF returns to its 3-Year Average (46.7), the stock would be worth HK$140.55 (179% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-5%
Maximum Upside
+179%
Average Upside
106%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 16.7 HK$50.4
0%
3-Year Average 46.7 HK$140.55
+179%
5-Year Average 46.7 HK$140.55
+179%
Industry Average 15.9 HK$47.92
-5%
Country Average 28.8 HK$86.73
+72%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
CN
DPC Dash Ltd
HKEX:1405
6.6B HKD 16.7 41.2
US
McDonald's Corp
NYSE:MCD
209.1B USD 33.8 23.9
US
Starbucks Corp
NASDAQ:SBUX
120B USD 65.9 87.8
UK
Compass Group PLC
LSE:CPG
44.8B GBP 25.1 0.3
US
Chipotle Mexican Grill Inc
NYSE:CMG
44.3B USD 29 28
US
Yum! Brands Inc
NYSE:YUM
44.2B USD 33.3 28.1
CA
Restaurant Brands International Inc
NYSE:QSR
28B USD 30.8 35.8
IN
Eternal Ltd
NSE:ETERNAL
2.2T INR -151.9 973.2
US
Darden Restaurants Inc
NYSE:DRI
23B USD 26.3 20.2
JP
Friendly Corp
TSE:8209
2.9T JPY -28.7 -6.5

Market Distribution

In line with most companies in China
Percentile
35th
Based on 4 731 companies
35th percentile
16.7
Low
0 — 14.5
Typical Range
14.5 — 57
High
57 —
Distribution Statistics
China
Min 0
30th Percentile 14.5
Median 28.8
70th Percentile 57
Max 307 555.7

DPC Dash Ltd
Glance View

DPC Dash Ltd. has carved a niche for itself in the competitive landscape of China's quick-service restaurant sector as a formidable franchisee of Domino’s Pizza. The company emerged in 2010, spearheading the rollout of Domino’s branded stores across numerous Chinese cities. Catering to a dynamic urban workforce, DPC Dash zeroes in on consumers who prioritize both speed and quality in their food options. Their business model is intricately built upon the vast reach of Domino's global brand, yet it's uniquely tailored to local tastes and preferences. From crafting enticing promotional deals to refining menu options that integrate traditional Chinese flavors with classic Italian-inspired pizzas, DPC Dash has strategically positioned itself to capture a growing market segment that craves a blend of international appeal with local sensibilities. Revenue streams are diversified primarily through a combination of dine-in services, robust takeaway options, and an efficient delivery system. This multifaceted approach addresses both the social dining experiences desired by some patrons and the convenience imperative for those on the go. Technological innovation underpins their operation, leveraging advanced online ordering systems complemented by data-driven insights that fine-tune customer interactions and improve operational efficiency. By simultaneously enhancing customer satisfaction and streamlining costs, DPC Dash not only boosts its profitability but also fortifies its foothold in the fast-paced Chinese dining ecosystem, navigating the challenges peculiar to the region while steadily expanding its footprint.

Intrinsic Value
114.24 HKD
Undervaluation 56%
Intrinsic Value
Price HK$50.4
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