Overview Dividends

(YUMC) Yum China Holdings - Ratings and Ratios

Exchange: NYSE • Country: China • Currency: USD • Type: Common Stock • ISIN: US98850P1093

KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep

Restaurants
Market Cap in USD: 16,842m

IPO / Inception: 2016-10-17
Return 12m vs S&P 500: -4.97%

EPS (Earnings per Share)

EPS CAGR: -36.88%
EPS Trend: 25.2%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 9.37%
Rev. Trend: 64.1%

Last SUE: 0.15
Qual. Beats: 0

Dividends

Dividend Yield	2.00%
Yield on Cost 5y	1.71%
Yield CAGR 5y	18.92%
Payout Consistency	94.5%
Payout Ratio	39.8%

Risk via 5d forecast
Volatility	34.6%
Value at Risk 5%th	48.7%
Relative Tail Risk	-14.43%

Reward TTM
Sharpe Ratio	0.31
Alpha	-3.41
CAGR/Max DD	-0.11

Character TTM
Hurst Exponent	0.287
Beta	0.635
Beta Downside	0.671

Drawdowns 3y
Max DD	53.84%
Mean DD	25.73%
Median DD	27.09%

Description: YUMC Yum China Holdings January 03, 2026

Yum China Holdings, Inc. (NYSE:YUMC) is the exclusive operator of KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang restaurant brands in the People’s Republic of China, combining company-owned, franchised, and online delivery formats under a single corporate umbrella.

As of the latest quarter, the chain reported approximately 10,800 restaurants, with same-store sales (SSS) growth of 4.2% year-over-year, driven largely by a 28% increase in digital-order volume, which now accounts for roughly 35% of total sales. The company’s operating margin has stabilized around 18%, reflecting continued cost-discipline and supply-chain efficiencies.

Key macro drivers include China’s post-COVID consumer recovery, rising disposable income in Tier-1 and Tier-2 cities, and the government’s emphasis on food-service sector modernization. Conversely, labor cost inflation and tighter food-safety regulations pose upside risk to margins.

For a deeper, data-rich analysis of YUMC’s valuation dynamics, you may find the research tools on ValueRay useful as a next step.

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income (904.0m TTM) > 0 and > 6% of Revenue (6% = 694.1m TTM)

FCFTA 0.09 (>2.0%) and ΔFCFTA 2.94pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 6.32% (prev 6.60%; Δ -0.28pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.14 (>3.0%) and CFO 1.52b > Net Income 904.0m (YES >=105%, WARN >=100%)

Net Debt (1.62b) to EBITDA (1.76b) ratio: 0.92 <= 3.0 (WARN <= 3.5)

Current Ratio 1.32 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (368.0m) change vs 12m ago -4.42% (target <= -2.0% for YES)

Gross Margin 17.17% (prev 16.45%; Δ 0.71pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 101.3% (prev 94.92%; Δ 6.41pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -43.57 (EBITDA TTM 1.76b / Interest Expense TTM -30.0m) >= 6 (WARN >= 3)

Altman Z'' 2.22

(A) 0.07 = (Total Current Assets 3.02b - Total Current Liabilities 2.28b) / Total Assets 11.03b

(B) 0.19 = Retained Earnings (Balance) 2.05b / Total Assets 11.03b

(D) 0.39 = Book Value of Equity 1.81b / Total Liabilities 4.65b

Total Rating: 2.22 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 80.12

1. Piotroski 7.50pt

2. FCF Yield 5.58%

3. FCF Margin 8.19%

4. Debt/Equity 0.40

5. Debt/Ebitda 0.92

6. ROIC - WACC (= 8.88)%

7. RoE 15.73%

8. Rev. Trend 64.09%

9. EPS Trend 25.24%

What is the price of YUMC shares?

As of January 09, 2026, the stock is trading at USD 48.00 with a total of 635,762 shares traded.
Over the past week, the price has changed by -0.35%, over one month by +4.33%, over three months by +13.80% and over the past year by +12.46%.

Is YUMC a buy, sell or hold?

Yum China Holdings has received a consensus analysts rating of 4.61. Therefore, it is recommended to buy YUMC.

Strong Buy: 15
Buy: 7
Hold: 1
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the YUMC price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	58.1	21%
Analysts Target Price	58.1	21%
ValueRay Target Price	51.8	7.8%

YUMC Fundamental Data Overview January 09, 2026

Market Cap USD = 16.84b (16.84b USD * 1.0 USD.USD)
P/E Trailing = 19.7261
P/E Forward = 17.0358
P/S = 1.4558
P/B = 2.9576
P/EG = 1.3082
Beta = 0.126
Revenue TTM = 11.57b USD
EBIT TTM = 1.31b USD
EBITDA TTM = 1.76b USD
Long Term Debt = 2.24b USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 453.0m USD (from shortTermDebt, last quarter)
Debt = 2.27b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.62b USD (from netDebt column, last quarter)
Enterprise Value = 16.99b USD (16.84b + Debt 2.27b - CCE 2.12b)
Interest Coverage Ratio = -43.57 (Ebit TTM 1.31b / Interest Expense TTM -30.0m)
FCF Yield = 5.58% (FCF TTM 947.7m / Enterprise Value 16.99b)
FCF Margin = 8.19% (FCF TTM 947.7m / Revenue TTM 11.57b)
Net Margin = 7.81% (Net Income TTM 904.0m / Revenue TTM 11.57b)
Gross Margin = 17.17% ((Revenue TTM 11.57b - Cost of Revenue TTM 9.58b) / Revenue TTM)
Gross Margin QoQ = 18.15% (prev 17.08%)
Tobins Q-Ratio = 1.54 (Enterprise Value 16.99b / Total Assets 11.03b)
Interest Expense / Debt = 1.15% (Interest Expense 26.0m / Debt 2.27b)
Taxrate = 27.21% (114.0m / 419.0m)
NOPAT = 951.4m (EBIT 1.31b * (1 - 27.21%))
Current Ratio = 1.32 (Total Current Assets 3.02b / Total Current Liabilities 2.28b)
Debt / Equity = 0.40 (Debt 2.27b / totalStockholderEquity, last quarter 5.69b)
Debt / EBITDA = 0.92 (Net Debt 1.62b / EBITDA 1.76b)
Debt / FCF = 1.71 (Net Debt 1.62b / FCF TTM 947.7m)
Total Stockholder Equity = 5.75b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.19% (Net Income 904.0m / Total Assets 11.03b)
RoE = 15.73% (Net Income TTM 904.0m / Total Stockholder Equity 5.75b)
RoCE = 16.37% (EBIT 1.31b / Capital Employed (Equity 5.75b + L.T.Debt 2.24b))
RoIC = 16.35% (NOPAT 951.4m / Invested Capital 5.82b)
WACC = 7.47% (E(16.84b)/V(19.11b) * Re(8.36%) + D(2.27b)/V(19.11b) * Rd(1.15%) * (1-Tc(0.27)))
Discount Rate = 8.36% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -5.83%
[DCF Debug] Terminal Value 78.80% ; FCFE base≈835.3m ; Y1≈936.7m ; Y5≈1.25b
Fair Price DCF = 57.60 (DCF Value 20.40b / Shares Outstanding 354.1m; 5y FCF grow 14.06% → 3.0% )
EPS Correlation: 25.24 | EPS CAGR: -36.88% | SUE: -4.0 | # QB: 0
Revenue Correlation: 64.09 | Revenue CAGR: 9.37% | SUE: 0.15 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.88 | Chg30d=+0.010 | Revisions Net=-1 | Analysts=3
EPS next Year (2026-12-31): EPS=2.83 | Chg30d=-0.007 | Revisions Net=-3 | Growth EPS=+14.5% | Growth Revenue=+5.6%

Additional Sources for YUMC Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle