(DIN) Dine Brands Global - NYSE
Sector: Consumer Cyclical | Industry: Restaurants | Exchange: NYSE (USA) | Market Cap: 373m USD | Total Return: 27.5% in 12m
Avg Turnover: 12.8M
EPS Trend: -93.9%
Qual. Beats: 0
Rev. Trend: 49.7%
Qual. Beats: 0
Warnings
Altman Z'' 0.38 < 1.0 - financial distress zone
Choppy
Tailwinds
Idiosyncratic Leader
Dine Brands Global, Inc. (DIN) is a Pasadena-based restaurant company that manages a portfolio of major brands including Applebees Neighborhood Grill + Bar, IHOP, and Fuzzy’s Taco Shop. The company operates through a multi-segment model comprising franchised locations, company-owned restaurants, and rental operations. Its portfolio spans the casual dining, family dining, and fast-casual categories, offering a diversified range of American and Mexican-inspired fare.
The company utilizes an asset-light business model, common in the restaurant sector, where the majority of locations are owned and operated by independent franchisees. This structure allows the parent company to generate consistent royalty streams and rental income while shifting local operational costs and capital expenditures to third-party operators. Diversification across dining categories helps mitigate risks associated with shifts in consumer spending habits between full-service and quick-service formats.
Investors can evaluate the underlying fundamentals of this franchise model on ValueRay. Dine Brands continues to focus on international expansion and brand acquisition to drive long-term revenue growth beyond its established domestic footprint.
- Franchisee profitability and unit count growth drive recurring royalty revenue streams
- Elevated food costs and labor inflation pressure restaurant-level operating margins
- Consumer discretionary spending shifts impact same-store sales at IHOP and Applebees
- Expansion of Fuzzy’s Taco Shop concept accelerates fast-casual segment revenue growth
- High debt leverage makes interest rate fluctuations critical to net income levels
| Net Income: 16.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -2.47 > 1.0 |
| NWC/Revenue: -4.11% < 20% (prev -6.65%; Δ 2.53% < -1%) |
| CFO/TA 0.05 > 3% & CFO 80.4m > Net Income 16.3m |
| Net Debt (1.89b) to EBITDA (128.2m): 14.77 < 3 |
| Current Ratio: 0.89 > 1.5 & < 3 |
| Outstanding Shares: last quarter (12.6m) vs 12m ago -15.48% < -2% |
| Gross Margin: 38.92% > 18% (prev 44.86%; Δ -5.93% > 0.5%) |
| Asset Turnover: 51.50% > 50% (prev 46.47%; Δ 5.03% > 0%) |
| Interest Coverage Ratio: 4.39 > 6 (EBIT TTM 83.8m / Interest Expense TTM 19.1m) |
| A: -0.02 (Total Current Assets 283.7m - Total Current Liabilities 320.3m) / Total Assets 1.69b |
| B: 0.11 (Retained Earnings 180.0m / Total Assets 1.69b) |
| C: 0.05 (EBIT TTM 83.8m / Avg Total Assets 1.73b) |
| D: -0.15 (Book Value of Equity -290.0m / Total Liabilities 1.98b) |
| Altman-Z'' = 0.38 = B |
| DSRI: 0.91 (Receivables 89.5m/91.2m, Revenue 889.7m/820.9m) |
| GMI: 1.15 (GM 44.86% / 38.92%) |
| AQI: 1.02 (AQ_t 0.53 / AQ_t-1 0.52) |
| SGI: 1.08 (Revenue 889.7m / 820.9m) |
| TATA: -0.04 (NI 16.3m - CFO 80.4m) / TA 1.69b) |
| Beneish M = -2.90 (Cap -4..+1) = A |
As of June 10, 2026, the stock is trading at USD 31.52 with a total of 276,738 shares traded.
Over the past week, the price has changed by +6.59%,
over one month by +8.43%,
over three months by +2.82% and
over the past year by +27.51%.
Dine Brands Global has received a consensus analysts rating of 3.29. Therefore, it is recommended to hold DIN.
- StrongBuy: 1
- Buy: 0
- Hold: 6
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 30.3 | -3.8% |
P/E Trailing = 25.6
P/E Forward = 6.5189
P/S = 0.4197
P/B = 3.407
P/EG = 1.2862
Revenue TTM = 889.7m USD
EBIT TTM = 83.8m USD
EBITDA TTM = 128.2m USD
Long Term Debt = 1.19b USD (from longTermDebt, last quarter)
Short Term Debt = 74.3m USD (from shortTermDebt, last quarter)
Debt = 2.05b USD (from shortLongTermDebtTotal, last quarter) + Leases 428.2m
Net Debt = 1.89b USD (calculated: Debt 2.05b - CCE 150.9m)
Enterprise Value = 2.27b USD (373.5m + Debt 2.05b - CCE 150.9m)
Interest Coverage Ratio = 4.39 (Ebit TTM 83.8m / Interest Expense TTM 19.1m)
EV/FCF = 65.68x (Enterprise Value 2.27b / FCF TTM 34.5m)
FCF Yield = 1.52% (FCF TTM 34.5m / Enterprise Value 2.27b)
FCF Margin = 3.88% (FCF TTM 34.5m / Revenue TTM 889.7m)
Net Margin = 1.83% (Net Income TTM 16.3m / Revenue TTM 889.7m)
Gross Margin = 38.92% ((Revenue TTM 889.7m - Cost of Revenue TTM 543.4m) / Revenue TTM)
Gross Margin QoQ = 38.10% (prev 39.58%)
Tobins Q-Ratio = 1.34 (Enterprise Value 2.27b / Total Assets 1.69b)
Interest Expense / Debt = 0.93% (Interest Expense 19.1m / Debt 2.05b)
Taxrate = 27.56% (6.20m / 22.5m)
NOPAT = 60.7m (EBIT 83.8m * (1 - 27.56%))
Current Ratio = 0.89 (Total Current Assets 283.7m / Total Current Liabilities 320.3m)
Debt / Equity = -7.05 (negative equity) (Debt 2.05b / totalStockholderEquity, last quarter -290.0m)
Debt / EBITDA = 14.77 (Net Debt 1.89b / EBITDA 128.2m)
Debt / FCF = 54.87 (Net Debt 1.89b / FCF TTM 34.5m)
Total Stockholder Equity = -252.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.94% (Net Income 16.3m / Total Assets 1.69b)
RoE = -6.47% (negative equity) (Net Income TTM 16.3m / Total Stockholder Equity -252.1m)
RoCE = 8.95% (EBIT 83.8m / Capital Employed (Equity -252.1m + L.T.Debt 1.19b))
RoIC = 4.34% (NOPAT 60.7m / Invested Capital 1.40b)
WACC = 2.13% (E(373.5m)/V(2.42b) * Re(10.07%) + D(2.05b)/V(2.42b) * Rd(0.93%) * (1-Tc(0.28)))
Discount Rate = 10.07% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -86.67 | Cagr: -7.75%
[DCF] Terminal Value 73.10% ; FCFF base≈52.6m ; Y1≈46.1m ; Y5≈37.3m
[DCF] Fair Price = N/A (negative equity: EV 598.1m - Net Debt 1.89b = -1.30b; debt exceeds intrinsic value)
EPS Correlation: -93.87 | EPS CAGR: -18.09% | SUE: 0.25 | # QB: 0
Revenue Correlation: 49.72 | Revenue CAGR: 1.75% | SUE: 0.54 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.24 | Chg30d=-8.79% | Revisions=-50% | Analysts=5
EPS next Quarter (2026-09-30): EPS=1.07 | Chg30d=-1.78% | Revisions=-43% | Analysts=5
EPS current Year (2026-12-31): EPS=4.49 | Chg30d=-4.70% | Revisions=-50% | GrowthEPS=+0.9% | GrowthRev=+3.1%
EPS next Year (2027-12-31): EPS=5.16 | Chg30d=-0.36% | Revisions=-25% | GrowthEPS=+14.9% | GrowthRev=+0.9%
[Analyst] Revisions Ratio: -50%