SBUX · Starbucks Corporation

$104.602026-07-21

Sector: Consumer Cyclical; Industry: Restaurants; Sub-Industry: Restaurants

Intrinsic Value Range Comparison · Mulya.ai

Leases factored

Bull

$90

-14.3% vs market

Base · active

$78

-25.5% vs market

Bear

$60

-42.7% vs market

Mulya.ai vs Analyst IV Comparison?

Bear $60

Base $78

Bull $90

Market $105

Median $112

Market Price $105

Mulya.ai Base $78

Analysts Median $112

Mulya.ai IV range ($60 · $90)

Analysts Range ($90 · $120)

Fundamentals · historical + forward · base

italics = DCF projection

Period	Revenue	Rev Gr ?	Ops M% ?	Tax Rate ?	NOPAT ?	Reinvest ?	FCFF ?	WACC% ?	PV FCFF ?	ROIC ?	Inv. Cap ?	EPS ?	P/E
2024.Q2	$36.0B	—	19.1%	23.4%	$5.2B	−$15.2B	−$10.0B	8.2%	—	28.3%	$18.6B	$3.61	—
2025.Q1	$36.2B	0.6%	17.5%	23.7%	$4.8B	−$14.8B	−$10.0B	8.0%	—	26.6%	$17.7B	$3.29	—
2025.Q2	$36.2B	0.0%	17.5%	24.1%	$4.8B	−$14.6B	−$9.8B	9.0%	—	26.5%	$18.5B	$3.29	—
2026.Q1	$37.2B	2.8%	11.2%	45.0%	$2.3B	−$7.3B	−$5.0B	8.0%	—	11.5%	$21.5B	$1.62	—
2026.Q2	$38.5B	3.4%	10.8%	45.0%	$2.3B	−$7.0B	−$4.7B	8.5%	—	12.8%	$14.2B	$1.31	28.7
italics below = DCF projection · 10yr Rev CAGR: 5.4%
2027.Q2	$38.3B	+-0.4%	12.7%	42.5%	$2.8B	$0MM	$2.8B	8.2%	$2.6B	19.6%	$14.2B	$1.79	58.4
2028.Q2	$39.9B	+4.2%	14.1%	40.0%	$3.4B	−$368MM	$3.0B	8.3%	$2.6B	23.4%	$14.6B	$2.27	46.1
2029.Q2	$42.5B	+6.4%	15.5%	37.5%	$4.1B	−$729MM	$3.4B	8.3%	$2.7B	27.6%	$15.3B	$2.87	36.4
2030.Q2	$45.7B	+7.5%	17.0%	35.0%	$5.0B	−$5.7B	−$657MM	8.3%	−$478MM	27.8%	$21.0B	$3.62	28.9
2031.Q2	$49.4B	+8.0%	19.9%	32.5%	$6.6B	−$5.2B	$1.4B	8.4%	$966MM	28.0%	$26.2B	$4.96	21.1

Term. Yr+	$67.7B	4.1%	19.9%	20.0%	$10.8B	−$1.9B	$8.9B	8.6%	$88.2B	23.6%	—	—	—

Active scenario IV: $78 (-25.5% vs market)