Intrinsic value of Darden Restaurants - DRI

Previous Close

$99.04

  Intrinsic Value

$229.79

stock screener

  Rating & Target

str. buy

+132%

Previous close

$99.04

 
Intrinsic value

$229.79

 
Up/down potential

+132%

 
Rating

str. buy

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of DRI stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2017(a)
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046
   2047

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  3.40
  14.50
  13.55
  12.70
  11.93
  11.23
  10.61
  10.05
  9.54
  9.09
  8.68
  8.31
  7.98
  7.68
  7.41
  7.17
  6.96
  6.76
  6.58
  6.43
  6.28
  6.15
  6.04
  5.94
  5.84
  5.76
  5.68
  5.61
  5.55
  5.50
  5.45
Revenue, $m
  7,170
  8,210
  9,322
  10,505
  11,758
  13,079
  14,467
  15,921
  17,440
  19,025
  20,677
  22,395
  24,183
  26,041
  27,972
  29,978
  32,063
  34,231
  36,485
  38,829
  41,269
  43,809
  46,455
  49,212
  52,087
  55,086
  58,216
  61,485
  64,898
  68,466
  72,196
Variable operating expenses, $m
 
  6,312
  7,151
  8,044
  8,989
  9,985
  11,032
  12,128
  13,274
  14,470
  15,715
  16,891
  18,239
  19,641
  21,097
  22,611
  24,183
  25,818
  27,518
  29,286
  31,127
  33,042
  35,038
  37,118
  39,286
  41,548
  43,909
  46,374
  48,949
  51,640
  54,453
Fixed operating expenses, $m
 
  1,013
  1,038
  1,064
  1,091
  1,118
  1,146
  1,174
  1,204
  1,234
  1,265
  1,296
  1,329
  1,362
  1,396
  1,431
  1,467
  1,503
  1,541
  1,579
  1,619
  1,659
  1,701
  1,743
  1,787
  1,832
  1,877
  1,924
  1,973
  2,022
  2,072
Total operating expenses, $m
  6,493
  7,325
  8,189
  9,108
  10,080
  11,103
  12,178
  13,302
  14,478
  15,704
  16,980
  18,187
  19,568
  21,003
  22,493
  24,042
  25,650
  27,321
  29,059
  30,865
  32,746
  34,701
  36,739
  38,861
  41,073
  43,380
  45,786
  48,298
  50,922
  53,662
  56,525
Operating income, $m
  678
  885
  1,133
  1,398
  1,679
  1,976
  2,289
  2,618
  2,962
  3,322
  3,697
  4,208
  4,615
  5,038
  5,478
  5,937
  6,413
  6,909
  7,426
  7,963
  8,524
  9,107
  9,716
  10,351
  11,014
  11,707
  12,430
  13,186
  13,977
  14,805
  15,671
EBITDA, $m
  951
  1,144
  1,411
  1,696
  1,998
  2,318
  2,654
  3,008
  3,377
  3,764
  4,167
  4,586
  5,023
  5,478
  5,951
  6,444
  6,956
  7,488
  8,043
  8,620
  9,221
  9,848
  10,502
  11,183
  11,895
  12,638
  13,415
  14,226
  15,075
  15,963
  16,892
Interest expense (income), $m
  37
  51
  76
  103
  131
  161
  193
  226
  261
  298
  336
  376
  417
  460
  505
  551
  599
  649
  701
  756
  812
  871
  932
  995
  1,062
  1,131
  1,203
  1,278
  1,357
  1,439
  1,525
Earnings before tax, $m
  637
  834
  1,057
  1,295
  1,548
  1,815
  2,097
  2,392
  2,701
  3,024
  3,361
  3,832
  4,198
  4,578
  4,974
  5,386
  5,814
  6,260
  6,724
  7,208
  7,711
  8,237
  8,784
  9,356
  9,952
  10,576
  11,227
  11,908
  12,620
  13,366
  14,146
Tax expense, $m
  154
  225
  285
  350
  418
  490
  566
  646
  729
  816
  907
  1,035
  1,133
  1,236
  1,343
  1,454
  1,570
  1,690
  1,816
  1,946
  2,082
  2,224
  2,372
  2,526
  2,687
  2,855
  3,031
  3,215
  3,407
  3,609
  3,819
Net income, $m
  479
  609
  772
  946
  1,130
  1,325
  1,531
  1,746
  1,972
  2,207
  2,453
  2,797
  3,064
  3,342
  3,631
  3,932
  4,244
  4,570
  4,909
  5,262
  5,629
  6,013
  6,413
  6,830
  7,265
  7,720
  8,196
  8,693
  9,213
  9,757
  10,327

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  233
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  5,292
  5,794
  6,579
  7,414
  8,298
  9,230
  10,209
  11,235
  12,308
  13,426
  14,592
  15,805
  17,066
  18,377
  19,740
  21,156
  22,628
  24,157
  25,748
  27,402
  29,124
  30,917
  32,784
  34,730
  36,759
  38,875
  41,084
  43,391
  45,800
  48,318
  50,950
Adjusted assets (=assets-cash), $m
  5,059
  5,794
  6,579
  7,414
  8,298
  9,230
  10,209
  11,235
  12,308
  13,426
  14,592
  15,805
  17,066
  18,377
  19,740
  21,156
  22,628
  24,157
  25,748
  27,402
  29,124
  30,917
  32,784
  34,730
  36,759
  38,875
  41,084
  43,391
  45,800
  48,318
  50,950
Revenue / Adjusted assets
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
  1.417
Average production assets, $m
  823
  944
  1,072
  1,208
  1,352
  1,504
  1,664
  1,831
  2,006
  2,188
  2,378
  2,575
  2,781
  2,995
  3,217
  3,447
  3,687
  3,937
  4,196
  4,465
  4,746
  5,038
  5,342
  5,659
  5,990
  6,335
  6,695
  7,071
  7,463
  7,874
  8,303
Working capital, $m
  -701
  -1,067
  -1,212
  -1,366
  -1,529
  -1,700
  -1,881
  -2,070
  -2,267
  -2,473
  -2,688
  -2,911
  -3,144
  -3,385
  -3,636
  -3,897
  -4,168
  -4,450
  -4,743
  -5,048
  -5,365
  -5,695
  -6,039
  -6,398
  -6,771
  -7,161
  -7,568
  -7,993
  -8,437
  -8,901
  -9,385
Total debt, $m
  937
  1,403
  1,898
  2,425
  2,983
  3,571
  4,189
  4,837
  5,513
  6,219
  6,954
  7,720
  8,516
  9,343
  10,203
  11,096
  12,025
  12,990
  13,994
  15,038
  16,124
  17,256
  18,434
  19,662
  20,942
  22,277
  23,671
  25,127
  26,647
  28,235
  29,896
Total liabilities, $m
  3,191
  3,656
  4,151
  4,678
  5,236
  5,824
  6,442
  7,090
  7,766
  8,472
  9,207
  9,973
  10,769
  11,596
  12,456
  13,349
  14,278
  15,243
  16,247
  17,291
  18,377
  19,509
  20,687
  21,915
  23,195
  24,530
  25,924
  27,380
  28,900
  30,488
  32,149
Total equity, $m
  2,102
  2,138
  2,428
  2,736
  3,062
  3,406
  3,767
  4,146
  4,542
  4,954
  5,384
  5,832
  6,297
  6,781
  7,284
  7,807
  8,350
  8,914
  9,501
  10,112
  10,747
  11,408
  12,097
  12,815
  13,564
  14,345
  15,160
  16,011
  16,900
  17,829
  18,800
Total liabilities and equity, $m
  5,293
  5,794
  6,579
  7,414
  8,298
  9,230
  10,209
  11,236
  12,308
  13,426
  14,591
  15,805
  17,066
  18,377
  19,740
  21,156
  22,628
  24,157
  25,748
  27,403
  29,124
  30,917
  32,784
  34,730
  36,759
  38,875
  41,084
  43,391
  45,800
  48,317
  50,949
Debt-to-equity ratio
  0.446
  0.660
  0.780
  0.890
  0.970
  1.050
  1.110
  1.170
  1.210
  1.260
  1.290
  1.320
  1.350
  1.380
  1.400
  1.420
  1.440
  1.460
  1.470
  1.490
  1.500
  1.510
  1.520
  1.530
  1.540
  1.550
  1.560
  1.570
  1.580
  1.580
  1.590
Adjusted equity ratio
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369
  0.369

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  479
  609
  772
  946
  1,130
  1,325
  1,531
  1,746
  1,972
  2,207
  2,453
  2,797
  3,064
  3,342
  3,631
  3,932
  4,244
  4,570
  4,909
  5,262
  5,629
  6,013
  6,413
  6,830
  7,265
  7,720
  8,196
  8,693
  9,213
  9,757
  10,327
Depreciation, amort., depletion, $m
  273
  259
  278
  298
  319
  341
  365
  389
  415
  442
  470
  379
  409
  440
  473
  507
  542
  579
  617
  657
  698
  741
  786
  832
  881
  932
  985
  1,040
  1,098
  1,158
  1,221
Funds from operations, $m
  1,052
  868
  1,050
  1,243
  1,449
  1,667
  1,895
  2,135
  2,387
  2,649
  2,923
  3,176
  3,473
  3,782
  4,104
  4,439
  4,787
  5,149
  5,526
  5,918
  6,327
  6,754
  7,198
  7,662
  8,146
  8,652
  9,180
  9,733
  10,310
  10,915
  11,548
Change in working capital, $m
  152
  -135
  -145
  -154
  -163
  -172
  -180
  -189
  -198
  -206
  -215
  -223
  -232
  -242
  -251
  -261
  -271
  -282
  -293
  -305
  -317
  -330
  -344
  -358
  -374
  -390
  -407
  -425
  -444
  -464
  -485
Cash from operations, $m
  900
  1,003
  1,194
  1,397
  1,612
  1,838
  2,076
  2,324
  2,584
  2,855
  3,138
  3,400
  3,706
  4,024
  4,355
  4,699
  5,058
  5,431
  5,819
  6,223
  6,644
  7,084
  7,542
  8,020
  8,520
  9,042
  9,587
  10,158
  10,754
  11,379
  12,032
Maintenance CAPEX, $m
  0
  -121
  -139
  -158
  -178
  -199
  -221
  -245
  -269
  -295
  -322
  -350
  -379
  -409
  -440
  -473
  -507
  -542
  -579
  -617
  -657
  -698
  -741
  -786
  -832
  -881
  -932
  -985
  -1,040
  -1,098
  -1,158
New CAPEX, $m
  -318
  -121
  -128
  -136
  -144
  -152
  -160
  -167
  -175
  -182
  -190
  -198
  -206
  -214
  -222
  -231
  -240
  -249
  -259
  -270
  -281
  -292
  -304
  -317
  -331
  -345
  -360
  -376
  -393
  -410
  -429
Cash from investing activities, $m
  -1,071
  -242
  -267
  -294
  -322
  -351
  -381
  -412
  -444
  -477
  -512
  -548
  -585
  -623
  -662
  -704
  -747
  -791
  -838
  -887
  -938
  -990
  -1,045
  -1,103
  -1,163
  -1,226
  -1,292
  -1,361
  -1,433
  -1,508
  -1,587
Free cash flow, $m
  -171
  761
  927
  1,103
  1,290
  1,487
  1,695
  1,913
  2,140
  2,378
  2,626
  2,852
  3,121
  3,401
  3,693
  3,996
  4,311
  4,639
  4,981
  5,336
  5,707
  6,094
  6,497
  6,918
  7,357
  7,816
  8,296
  8,797
  9,322
  9,871
  10,446
Issuance/(repayment) of debt, $m
  502
  466
  495
  527
  558
  588
  618
  647
  677
  706
  735
  765
  796
  827
  860
  894
  929
  965
  1,004
  1,044
  1,086
  1,131
  1,178
  1,228
  1,280
  1,336
  1,394
  1,455
  1,520
  1,589
  1,661
Issuance/(repurchase) of shares, $m
  -117
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  408
  466
  495
  527
  558
  588
  618
  647
  677
  706
  735
  765
  796
  827
  860
  894
  929
  965
  1,004
  1,044
  1,086
  1,131
  1,178
  1,228
  1,280
  1,336
  1,394
  1,455
  1,520
  1,589
  1,661
Total cash flow (excl. dividends), $m
  237
  1,227
  1,423
  1,630
  1,848
  2,076
  2,313
  2,560
  2,817
  3,084
  3,362
  3,618
  3,917
  4,229
  4,552
  4,889
  5,239
  5,604
  5,984
  6,380
  6,794
  7,225
  7,675
  8,146
  8,637
  9,151
  9,689
  10,252
  10,842
  11,460
  12,106
Retained Cash Flow (-), $m
  -150
  -269
  -290
  -308
  -326
  -344
  -361
  -379
  -396
  -413
  -430
  -448
  -465
  -484
  -503
  -523
  -543
  -564
  -587
  -611
  -635
  -661
  -689
  -718
  -749
  -781
  -815
  -851
  -889
  -929
  -971
Prev. year cash balance distribution, $m
 
  233
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  1,191
  1,133
  1,322
  1,522
  1,732
  1,952
  2,181
  2,421
  2,671
  2,932
  3,170
  3,452
  3,745
  4,050
  4,367
  4,696
  5,040
  5,397
  5,770
  6,158
  6,563
  6,986
  7,428
  7,889
  8,370
  8,874
  9,401
  9,953
  10,530
  11,135
Discount rate, %
 
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
 
  1,142
  1,037
  1,151
  1,253
  1,342
  1,416
  1,474
  1,513
  1,535
  1,537
  1,505
  1,473
  1,424
  1,360
  1,282
  1,193
  1,097
  994
  888
  783
  679
  580
  487
  402
  326
  259
  202
  154
  115
  84
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Darden Restaurants, Inc. is a full-service restaurant company. The Company owned and operated 1,536 restaurants through its subsidiaries in the United States and Canada, as of May 29, 2016. The Company's segments include Olive Garden, LongHorn Steakhouse, Fine Dining (which includes The Capital Grille, and Eddie V's Prime Seafood and Wildfish Seafood Grille (Eddie V's)) and Other Business (which includes Yard House, Seasons 52, Bahama Breeze, consumer-packaged goods and franchise revenues). As of May 29, 2016, the Company also had 50 restaurants operated by independent third parties pursuant to area development and franchise agreements. Olive Garden's menu includes a range of authentic Italian foods featuring fresh ingredients and a selection of imported Italian wines. LongHorn Steakhouse restaurants feature a range of menu items, including fresh steaks and chicken, as well as salmon, shrimp, ribs, pork chops, burgers and prime rib.

FINANCIAL RATIOS  of  Darden Restaurants (DRI)

Valuation Ratios
P/E Ratio 25.9
Price to Sales 1.7
Price to Book 5.9
Price to Tangible Book
Price to Cash Flow 13.8
Price to Free Cash Flow 21.3
Growth Rates
Sales Growth Rate 3.4%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 26.2%
Cap. Spend. - 3 Yr. Gr. Rate -6.5%
Financial Strength
Quick Ratio NaN
Current Ratio 0
LT Debt to Equity 44.6%
Total Debt to Equity 44.6%
Interest Coverage 18
Management Effectiveness
Return On Assets 10.3%
Ret/ On Assets - 3 Yr. Avg. 10.9%
Return On Total Capital 17.6%
Ret/ On T. Cap. - 3 Yr. Avg. 15.4%
Return On Equity 23.6%
Return On Equity - 3 Yr. Avg. 24.2%
Asset Turnover 1.5
Profitability Ratios
Gross Margin 21.8%
Gross Margin - 3 Yr. Avg. 21.8%
EBITDA Margin 13.2%
EBITDA Margin - 3 Yr. Avg. 11.8%
Operating Margin 9.4%
Oper. Margin - 3 Yr. Avg. 8%
Pre-Tax Margin 8.9%
Pre-Tax Margin - 3 Yr. Avg. 6%
Net Profit Margin 6.7%
Net Profit Margin - 3 Yr. Avg. 7.5%
Effective Tax Rate 24.2%
Eff/ Tax Rate - 3 Yr. Avg. 10.7%
Payout Ratio 58.2%

DRI stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the DRI stock intrinsic value calculation we used $7170 million for the last fiscal year's total revenue generated by Darden Restaurants. The default revenue input number comes from 2017 income statement of Darden Restaurants. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our DRI stock valuation model: a) initial revenue growth rate of 14.5% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for DRI is calculated based on our internal credit rating of Darden Restaurants, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Darden Restaurants.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of DRI stock the variable cost ratio is equal to 77.1%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $988 million in the base year in the intrinsic value calculation for DRI stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Darden Restaurants.

Corporate tax rate of 27% is the nominal tax rate for Darden Restaurants. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the DRI stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for DRI are equal to 11.5%.

Life of production assets of 6.8 years is the average useful life of capital assets used in Darden Restaurants operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for DRI is equal to -13%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $2102 million for Darden Restaurants - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 125.599 million for Darden Restaurants is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Darden Restaurants at the current share price and the inputted number of shares is $12.4 billion.

RELATED COMPANIES Price Int.Val. Rating
EAT Brinker Intern 38.31 3.51  str.sell
KONA Kona Grill 1.70 0.78  str.sell
BJRI BJ's Resta 38.40 48.70  buy
STKS ONE Group Hosp 2.32 0.08  str.sell
DFRG Del Frisco' 17.50 10.39  sell
RUTH Ruth's Hos 23.30 15.90  sell
FOGO Fogo de Chao 13.75 20.20  str.buy
DIN DineEquity 53.05 50.16  hold

COMPANY NEWS

▶ Top Losers in the Consumer Sector on January 812   [Jan-17-18 10:31AM  Market Realist]
▶ 5 Best-Ranked Earnings Growth Stocks to Buy Now   [Jan-16-18 03:30PM  InvestorPlace]
▶ What Do Analysts Recommend for Darden?   [Jan-10-18 04:30PM  Market Realist]
▶ Kohl's, Wal-Mart Cross Buy Points As More Stores Report On Holidays   [Jan-08-18 04:05PM  Investor's Business Daily]
▶ 5 Biggest Restaurant Shake-Ups In 2017   [Dec-31-17 05:29PM  Motley Fool]
▶ Analyzing the Consumer Sectors Earnings Last Week   [Dec-26-17 09:02AM  Market Realist]
▶ Dardens Valuation Multiple versus Peers   [Dec-25-17 10:31AM  Market Realist]
▶ Darden Restaurants Makes for a Good Investment   [Dec-22-17 12:10PM  GuruFocus.com]
▶ How Darden Is Expanding Its Business   [09:03AM  Market Realist]
▶ What Drove Dardens Revenue in Fiscal 2Q18?   [Dec-21-17 06:00PM  Market Realist]
▶ Dardens Stock Rose on Strong 2Q18 Earnings   [04:27PM  Market Realist]
▶ There's Lots of Growth to Go Around   [06:43PM  Motley Fool]
▶ Company News For Dec 20, 2017   [09:47AM  Zacks]
▶ Watch Bonds for Signs of a January Downturn   [07:35AM  InvestorPlace]
▶ McDermott and Microsoft skid; Tenet and Darden rise   [Dec-19-17 05:07PM  Associated Press]
▶ The Hot Stock: Darden Climbs 6.8%   [04:34PM  Barrons.com]
▶ Darden Can Carry Momentum Into 2019   [12:00PM  Morningstar]
▶ Earnings sizzle at Darden   [10:59AM  Reuters Videos]
▶ New Construction Data Outperform   [10:29AM  Zacks]
▶ Darden Restaurants tops Street 2Q forecasts   [07:09AM  Associated Press]
▶ Strong earnings will drive the market higher   [Dec-15-17 06:40PM  CNBC Videos]
▶ What Are Analysts Recommending for Darden?   [12:50PM  Market Realist]
Financial statements of DRI
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.