Exclusive master franchisee running Burger King in India & Indonesia and Popeyes in Indonesia.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 383 | 493 | 495 | 496 | 582 | 582 | 583 |
| Reserves | -298 | 548 | 331 | 130 | 326 | 221 | 138 |
| Borrowings | 901 | 887 | 1.2k | 1.4k | 1.8k | 1.8k | 2.0k |
| Other Liabilities | 977 | 455 | 500 | 652 | 722 | 737 | 694 |
| Total Liabilities | 2.0k | 2.4k | 2.5k | 2.7k | 3.5k | 3.3k | 3.4k |
| AssetsFixed Assets | 1.4k | 1.5k | 2.0k | 2.3k | 2.6k | 2.6k | 2.8k |
| CWIP | 47 | 18 | 35 | 49 | 34 | 57 | 41 |
| Investments | 124 | 402 | 147 | 83 | 24 | 281 | 138 |
| Other Assets | 401 | 448 | 358 | 256 | 802 | 347 | 402 |
| Total Assets | 2.0k | 2.4k | 2.5k | 2.7k | 3.5k | 3.3k | 3.4k |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 48 | 69 | 124 | 346 | 350 | 303 |
| Cash from Investing | -322 | -1.1k | 16 | -219 | -232 | -494 |
| Cash from Financing | 357 | 1.1k | -170 | -251 | 385 | -321 |
| SummaryCapital Expenditure | — | — | — | — | — | — |
| Free Cash Flow | -20 | -69 | -228 | 64 | 73 | -70 |
| FCF Margin | — | — | — | — | — | — |
A per-share valuation needs positive trailing EPS and a live price.
RBA doesn't have both right now.
Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.
Guides on how to read this kind of business and the numbers that matter.