Portillo's Inc. Class A Common Stock (PTLO)

FairStock Score: 28/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for a business I can understand, bought at a sensible price. Portillo's sells Chicago-style hot dogs and Italian beef in fast-casual restaurants. The brand is recognizable, but the financials show a company that is not compounding prosperity. Revenue has grown modestly: FY2023 ended 2023-12-31 was $679.9M, FY2024 ended 2024-12-29 was $710.6M, and FY2025 ended 2025-12-28 was $732.1M. Profit, however, went the wrong way: net income was $18.4M in FY2023, $29.5M in FY2024, then $19.3M in FY2025. In fiscal Q1 2026 ended 2026-03-29, the company lost $402,000; fiscal Q2 2026 ended 2026-06-28 improved to $6.9M of net income on $199.0M revenue, or $0.09 diluted EPS. FairStock's numbers at the 2026-10-13 close show price $4.56, P/B 0.69, P/E 25.33, ROE 2.75%, ROCE 1.80%, D/E 1.36, and negative trailing FCF of $9.2M. The Graham Number of $5.18 offers an 11.97% margin of safety, and the Piotroski F-score is 8/9. But Altman Z-score 0.29 warns of distress. FairStock classifies it as an ASSET PLAY, trading at 0.69 times book. This is a classic asset-play cigar butt: cheap on assets, weak on returns, and leveraged. I would need evidence that profits and cash flow are recovering before calling it a sound long-term holding.

In plain English: Portillo's runs fast-casual restaurants known for Chicago-style hot dogs and Italian beef. Sales are growing slowly, but profits have weakened and the business is not producing positive free cash. The stock trades below the value of its net assets on the books, which may look cheap, but weak profits and high debt make that discount risky.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-28) · fiscal Q1 2026 10-Q (period ended 2026-03-29) · fiscal Q3 2025 10-Q (period ended 2025-09-28) · fiscal Q2 2025 10-Q (period ended 2025-06-29) · FY2025 10-K (period ended 2025-12-28) · FY2024 10-K (period ended 2024-12-29) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer