Overview Dividends

(BROS) Dutch Bros - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US26701L1008

Coffee, Drinks, Energy Drinks, Beverages

BROS EPS (Earnings per Share)

EPS Growth (3Y CAGR): -11.07%
EPS Trend (3Y Correlation): 34.9%

BROS Revenue

Revenue Growth (3Y CAGR): 30.82%
Revenue Trend (3Y Correlation): 97.5%

Description: BROS Dutch Bros July 22, 2025

Dutch Bros Inc (NYSE:BROS) is a US-based company that operates and franchises drive-thru coffee shops across the United States. The companys business model is diversified across company-operated shops and franchising, with a strong online presence. Dutch Bros operates under several brands, including Dutch Bros, Dutch Bros Coffee, Dutch Bros Rebel, and Blue Rebel.

To evaluate the companys performance, we can look at key performance indicators (KPIs) such as same-store sales growth, store count, and revenue growth. As a rapidly expanding chain, Dutch Bros has likely focused on accelerating store openings, which can be a key driver of revenue growth. Additionally, the companys drive-thru format and focus on specialty coffee drinks may contribute to high average unit volumes (AUVs) and customer loyalty.

From a financial perspective, Dutch Bros has a market capitalization of $10.3 billion, indicating a significant presence in the US coffee shop market. The companys price-to-earnings (P/E) ratio of 161.23 suggests high growth expectations, while the forward P/E ratio of 111.11 implies a potential slowdown in earnings growth. Return on equity (RoE) stands at 8.03%, which may be considered relatively low for a growth company.

To further analyze Dutch Bros prospects, we can examine its store footprint, brand recognition, and competitive positioning within the US coffee shop market. The companys ability to expand its customer base, drive same-store sales growth, and maintain a strong brand identity will be crucial to its long-term success. Key metrics to monitor include store count growth, customer acquisition costs, and customer retention rates.

BROS Stock Overview

Market Cap in USD	8,971m
Sub-Industry	Restaurants
IPO / Inception	2021-09-15

BROS Stock Ratings

Growth Rating	50.5%
Fundamental	64.2%
Dividend Rating	-
Return 12m vs S&P 500	38.0%
Analyst Rating	4.56 of 5

BROS Dividends

Currently no dividends paid

BROS Growth Ratios

Growth Correlation 3m	-62.8%
Growth Correlation 12m	28%
Growth Correlation 5y	22.6%
CAGR 5y	19.00%
CAGR/Max DD 3y (Calmar Ratio)	0.43
CAGR/Mean DD 3y (Pain Ratio)	0.89
Sharpe Ratio 12m	-0.95
Alpha	22.69
Beta	2.565
Volatility	52.03%
Current Volume	2540k
Average Volume 20d	4291.6k
Stop Loss	56.5 (-4.8%)
Signal	-0.10

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (57.2m TTM) > 0 and > 6% of Revenue (6% = 87.1m TTM)

FCFTA 0.03 (>2.0%) and ΔFCFTA 4.83pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 8.72% (prev 16.23%; Δ -7.50pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.10 (>3.0%) and CFO 272.5m > Net Income 57.2m (YES >=105%, WARN >=100%)

Net Debt (529.7m) to EBITDA (234.7m) ratio: 2.26 <= 3.0 (WARN <= 3.5)

Current Ratio 1.64 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (126.8m) change vs 12m ago 23.91% (target <= -2.0% for YES)

Gross Margin 26.72% (prev 26.49%; Δ 0.23pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 55.96% (prev 47.06%; Δ 8.90pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 4.79 (EBITDA TTM 234.7m / Interest Expense TTM 27.8m) >= 6 (WARN >= 3)

Altman Z'' 0.74

(A) 0.05 = (Total Current Assets 325.6m - Total Current Liabilities 198.9m) / Total Assets 2.81b

(B) 0.02 = Retained Earnings (Balance) 60.6m / Total Assets 2.81b

(D) 0.03 = Book Value of Equity 60.9m / Total Liabilities 1.98b

Total Rating: 0.74 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 64.16

1. Piotroski 7.0pt = 2.0

2. FCF Yield 0.77% = 0.38

3. FCF Margin 5.02% = 1.26

4. Debt/Equity 1.23 = 1.79

5. Debt/Ebitda 2.26 = -0.50

6. ROIC - WACC (= -0.52)% = -0.66

7. RoE 9.97% = 0.83

8. Rev. Trend 97.54% = 7.32

9. EPS Trend 34.94% = 1.75

What is the price of BROS shares?

As of October 29, 2025, the stock is trading at USD 59.32 with a total of 2,539,997 shares traded.
Over the past week, the price has changed by +3.18%, over one month by +12.84%, over three months by +0.15% and over the past year by +65.24%.

Is Dutch Bros a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Dutch Bros is currently (October 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 64.16 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of BROS is around 53.85 USD . This means that BROS is currently overvalued and has a potential downside of -9.22%.

Is BROS a buy, sell or hold?

Dutch Bros has received a consensus analysts rating of 4.56. Therefore, it is recommended to buy BROS.

Strong Buy: 10
Buy: 5
Hold: 1
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the BROS price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	81.6	37.5%
Analysts Target Price	81.6	37.5%
ValueRay Target Price	63.2	6.5%

BROS Fundamental Data Overview October 18, 2025

Market Cap USD = 8.97b (8.97b USD * 1.0 USD.USD)
P/E Trailing = 118.5435
P/E Forward = 58.4795
P/S = 6.1787
P/B = 10.4435
Beta = 2.565
Revenue TTM = 1.45b USD
EBIT TTM = 133.2m USD
EBITDA TTM = 234.7m USD
Long Term Debt = 196.8m USD (from longTermDebt, last quarter)
Short Term Debt = 33.2m USD (from shortTermDebt, last quarter)
Debt = 784.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 529.7m USD (from netDebt column, last quarter)
Enterprise Value = 9.50b USD (8.97b + Debt 784.1m - CCE 254.4m)
Interest Coverage Ratio = 4.79 (Ebit TTM 133.2m / Interest Expense TTM 27.8m)
FCF Yield = 0.77% (FCF TTM 72.9m / Enterprise Value 9.50b)
FCF Margin = 5.02% (FCF TTM 72.9m / Revenue TTM 1.45b)
Net Margin = 3.94% (Net Income TTM 57.2m / Revenue TTM 1.45b)
Gross Margin = 26.72% ((Revenue TTM 1.45b - Cost of Revenue TTM 1.06b) / Revenue TTM)
Gross Margin QoQ = 28.87% (prev 25.34%)
Tobins Q-Ratio = 3.38 (Enterprise Value 9.50b / Total Assets 2.81b)
Interest Expense / Debt = 0.90% (Interest Expense 7.08m / Debt 784.1m)
Taxrate = 15.88% (7.24m / 45.6m)
NOPAT = 112.1m (EBIT 133.2m * (1 - 15.88%))
Current Ratio = 1.64 (Total Current Assets 325.6m / Total Current Liabilities 198.9m)
Debt / Equity = 1.23 (Debt 784.1m / totalStockholderEquity, last quarter 636.2m)
Debt / EBITDA = 2.26 (Net Debt 529.7m / EBITDA 234.7m)
Debt / FCF = 7.27 (Net Debt 529.7m / FCF TTM 72.9m)
Total Stockholder Equity = 573.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.04% (Net Income 57.2m / Total Assets 2.81b)
RoE = 9.97% (Net Income TTM 57.2m / Total Stockholder Equity 573.9m)
RoCE = 17.28% (EBIT 133.2m / Capital Employed (Equity 573.9m + L.T.Debt 196.8m))
RoIC = 13.76% (NOPAT 112.1m / Invested Capital 814.3m)
WACC = 14.29% (E(8.97b)/V(9.76b) * Re(15.47%) + D(784.1m)/V(9.76b) * Rd(0.90%) * (1-Tc(0.16)))
Discount Rate = 15.47% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 29.73%
[DCF Debug] Terminal Value 44.79% ; FCFE base≈72.9m ; Y1≈47.9m ; Y5≈21.9m
Fair Price DCF = 1.55 (DCF Value 196.6m / Shares Outstanding 127.0m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 34.94 | EPS CAGR: -11.07% | SUE: -4.0 | # QB: 0
Revenue Correlation: 97.54 | Revenue CAGR: 30.82% | SUE: 1.39 | # QB: 5

Additional Sources for BROS Stock

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