SBUX · Starbucks Corporation

$90.372026-05-17

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

Intrinsic Value Range Comparison · Mulya.ai

Leases factored

Bull

$68

-25.2% vs market

Base · active

$54

-40.5% vs market

Bear

$50

-45.1% vs market

Mulya.ai vs Analyst IV Comparison?

Bear $50

Base $54

Bull $68

Market $90

Median $105

Market Price $90

Mulya.ai Base $54

Analysts Median $105

Mulya.ai IV range ($50 · $68)

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
2022.Q1	$29.1B	—	19.3%	21.7%	$4.4B	−$9.4B	−$5.0B	5.8%	—	32.7%	$13.4B	$3.68	—
2023.Q1	$32.3B	11.0%	16.5%	22.8%	$4.1B	−$12.1B	−$8.0B	7.8%	—	30.4%	$13.6B	$2.87	—
2024.Q1	$36.0B	11.6%	18.8%	23.9%	$5.1B	−$13.5B	−$8.4B	7.7%	—	34.5%	$16.3B	$3.61	—
2025.Q1	$36.2B	0.6%	17.2%	23.7%	$4.8B	−$13.7B	−$9.0B	8.0%	—	28.9%	$16.6B	$3.29	—
2026.Q1	$37.7B	4.2%	10.4%	45.0%	$2.2B	−$6.1B	−$4.0B	8.0%	—	11.6%	$20.4B	$1.20	26.4
italics below = DCF projection · 10yr Rev CAGR: 4.3%
2027.Q1	$38.9B	+3.2%	11.9%	42.5%	$2.7B	−$9.9B	−$7.2B	8.1%	−$6.7B	10.6%	$30.3B	$1.76	51.3
2028.Q1	$40.9B	+5.2%	13.5%	40.0%	$3.3B	−$2.9B	$437MM	8.1%	$374MM	10.4%	$33.2B	$2.28	39.6
2029.Q1	$43.0B	+5.1%	15.0%	37.5%	$4.0B	−$1.6B	$2.4B	8.2%	$1.9B	11.9%	$34.8B	$2.87	31.5
2030.Q1	$45.0B	+4.5%	16.5%	35.0%	$4.8B	−$2.7B	$2.1B	8.2%	$1.6B	13.4%	$37.5B	$3.53	25.6
2031.Q1	$46.9B	+4.3%	19.6%	32.5%	$6.2B	−$2.2B	$4.0B	8.3%	$2.7B	16.1%	$39.7B	$4.72	19.1

Term. Yr+	$60.0B	4.1%	19.6%	20.0%	$9.4B	−$2.0B	$7.4B	8.6%	$74.0B	19.2%	—	—	—

Active scenario IV: $54 (-40.5% vs market)