Random analysis (note, I know nothing about the food industry):
YFZ has two active NDD markets (Brisbane and Melbourne) with Sydney coming online according to the prospectus. It generates almost half the revenue of MMM yet MMM is operating globally. Theoretically YFZ could grow to 10X the size of MMM.
YFZ HoH growth is inline with MBH which suggests growing within with food industry trend within its same-store space.
Its highly scalable so should be between 2X and 6X revenue as a MC. Thats $300M to $900M vs. the current MC of $90M.
Someone tell me where the holes are in this argument plz.
YFZ
H120
H121
1
Revenue
85.8
100
16.55%
2
GP
19.4
23.4
20.62%
3
22.61%
23.40%
3.49%
4
Orders
5353.7
5176.3
-3.31%
5
Customers
133.7
197.6
47.79%
6
Rev/Cust
0.64
0.51
-21.14%
7
Avg OV
95
97
2.11%
8
MMM
H120
H121
9
Revenue
122.76
248.04
102.05%
10
GP
31.5
70.2
122.86%
11
25.66%
28.30%
10.30%
12
Orders
1537
3099
101.63%
13
Customers
182
327
79.67%
14
Rev/Cust
0.67
0.76
12.46%
15
Avg OV
79.92
80.1
0.23%
YFZ Price at posting:
66.5¢ Sentiment: Buy Disclosure: Held
