Friday, February 29, 2008

some starbucks numbers

Starbucks must be the biggest coffee retailer with roughly 15,000 stores in over 35 countries (70% in the U.S. and 57% company operated.) On top of the coffee they also sell beans, ice cream, etc. at Costco and other such venues in the U.S. (abroad via joint ventures) as well as coffee to food service operators (Barnes & Noble?). Starbucks is also involved in the production and distribution of music although its not clear if they are making any money. They might be making money on their coffee trading however as they buy, roast, and distribute lots of coffee beans from all over the planet. In FY06, Starbucks' revenue was about $7.8 billion with about 10% of earnings coming from international business (need more of this). Companies such as Macdonald’s. Dunkin Doughnuts, and Burger King are focusing on more specialty coffee sales which may affect Starbucks. Also Peets (which sells tea as well as coffee), and Caribou are competing in some markets.Here is the beginning of my post. And here is the rest of it.

Stock prices:
52 Week Range $36.80-$18.00 with a 3-Month ADTV (Average Daily Trading Volume) of 13.5 million shares. (roughly 25,000 shares a minute) Market Cap is about $14 billion. Shares Outstanding 730.4 million Float % 97% 5-Year CAGR 24% (compound annual growth rate)
Earnings:
Sep 2007A 2008E 2009E
1Q $0.26 $0.28 —
2Q $0.19 $0.23 —
3Q $0.21 $0.26 —
4Q $0.21 $0.25 —
FY $0.87 $1.02 $1.19
P/E 23.0x 19.6x 16.8x

FY 2007A 2008E 2009E
Revenue $9,411.0 $10,962 $12,578

$ in Millions
ROE 29.8% 28.9% 26.2% Return on Equity. A measure of how well a company used reinvested earnings to generate additional earnings, equal to a fiscal year's after-tax income (after preferred stock dividends but before common stock dividends) divided by book value, expressed as a percentage. It is used as a general indication of the company's efficiency.

ROA 13.8% 13.2% 13.1% Return on Assets. A measure of a company's profitability, equal to a fiscal year's earnings divided by its total assets, expressed as a percentage.

ROIC 14.0% 13.4% 13.6% ROIC. A measure of how effectively a company uses the money (borrowed or owned) invested in its operations. Calculated by: net income after taxes / (total assets less excess cash minus non-interest-bearing liabilities).

EPS Growth 19% 16% 18%

No comments: