Domino's Pizza, Inc. (DPZ) is a stable and predictable pizza industry leader with a great long-term track record. The pizza industry is fragmented which means that the company's size and brand recognition provide it with a competitive edge over the majority of its rivals. Domino's will continue to see strong growth going forward, fueled by its ambition to continue opening many more stores.
Back in December, we wrote an article about Domino's where we valued the company at $503 per share. With the price at the time of this writing well above our target, we thought we'd revisit the valuation to see if the intrinsic value has changed.
For a more detailed look at Domino's, feel free to check out our previous article where we outline growth catalysts, risks, and competitive advantages.
Here are the main points of this report: