Stock fact sheet · data as of
Portillo's Inc. (PTLO): fair value, margin of safety and Wheel Score
Consumer Cyclical · Restaurants · United States · Blend
Is PTLO undervalued?
At 4.66 (close of 16 Oct 2026), PTLO trades within a few percent of the GLS average fair value of 4.95 (5.9% below fair value). 6 models produced a value and they split 4 above the price to 2 below. A stock priced at fair value earns about half of the Wheel Score's Value points; the rest of the score comes from health, moat, premium and stability.
There is a wide gap between GLS Growth (0.6014) and Graham Growth (10.96). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files PTLO under Blend.
Nine valuation models for PTLO
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 5.35 | +15% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 10.96 | +135% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 4.79 | +3% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 0.6014 | -87% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 5.90 | +27% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 2.13 | -54% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -14.59 | -413% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 5.69 | +22% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Portillo's Inc. scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 3.8/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 1.7%, ROE 4.1%, ROA 1.2% - with debt at 1.43 times equity and negative free cash flow.
Portillo's Inc. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Gift Card 100% (quarter Q2 FY2026).
Institutional ownership scores 9/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | 1.7% |
|---|---|---|---|
| GLS Moat | 3.8 / 10 | ROE | 4.1% |
| Debt / equity | 1.43 | ROA | 1.2% |
| Free-cash-flow yield | -2.3% | Payout ratio | 0% |
| Institutions | 9 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 63: Fair
A Wheel Score of 63 puts Portillo's Inc. in the Fair band - below the 70 the Sunday Scan requires. Value 15/25, Health 11/20, Moat 6/15, Premium 19/20 and Stability 13/20; the weakest part is Moat (6/15).
Implied volatility is 65% on the near-the-money contracts 20-60 days out - above the 60% ceiling of the sweet spot. Premiums are large, but the Wheel Score tapers the Premium points (19 of 20) because volatility this high usually comes with a reason. The option chain is deep: 87,571 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 2.9M shares a day on a market cap of $338M, with a beta of 1.59 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score gives that 13 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 15 / 25 | 6% margin of safety | |
| Health | 11 / 20 | Piotroski 5/9 | |
| Moat | 6 / 15 | moat 3.8/10 | |
| Premium | 19 / 20 | implied volatility 65% | |
| Stability | 13 / 20 | 2.9M shares/day, $338M cap, beta 1.59 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 3 Nov 2026 (after the close), 18 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Restaurants
The 12 companies below are the closest to Portillo's Inc. by market cap within the Restaurants industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| NATH Nathan's Famous, Inc. | 101.88 | 73.79 | -38% | 26No options | $417M |
| DIN Dine Brands Global, Inc. | 33.00 | 31.86 | -4% | 59Fair | $418M |
| JACK Jack in the Box Inc. | 12.66 | 22.56 | +44% | 75Good | $243M |
| KRUS Kura Sushi USA, Inc. | 39.12 | 23.10 | -69% | 21No options | $475M |
| LOCO El Pollo Loco Holdings, Inc. | 16.32 | 23.10 | +29% | 81Prime | $497M |
| RICK RCI Hospitality Holdings, Inc. | 25.88 | 52.44 | +51% | 45Weak | $198M |
| PZZA Papa John's International, Inc. | 19.21 | 28.72 | +33% | 70Good | $632M |
| HDL SUPER HI INTERNATIONAL HOLDING Ltd. American Depositary Shares | 10.78 | 22.32 | +52% | 39No options | $634M |
| CNNE Cannae Holdings, Inc. | 16.23 | 8.83 | -84% | 43Weak | $704M |
| RRGB Red Robin Gourmet Burgers, Inc. | 8.50 | 18.84 | +55% | 45Weak | $161M |
| FWRG First Watch Restaurant Group, Inc. | 12.36 | 9.69 | -28% | 54Fair | $763M |
| BRCB Black Rock Coffee Bar, Inc. | 8.27 | 2.90 | -186% | 48Weak | $149M |
⚖ Compare PTLO with 7 of them All Consumer Cyclical stocks →
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Start free See the Sunday ScanQuestions about PTLO
Is PTLO undervalued right now?
Not meaningfully: at 4.66 the stock trades within a few percent of the GLS average fair value of 4.95 (5.9% below fair value, data as of 16 Oct 2026).
What is the Wheel Score of PTLO and what does it mean?
PTLO scores 63 out of 100 (Fair). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for PTLO?
4.95 per share as of 16 Oct 2026 - the simple average of the 6 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Portillo's Inc. report earnings next?
The next earnings report is due on 3 Nov 2026 (after the close), 18 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does PTLO have listed options, and how liquid are they?
Yes. The nightly snapshot found 142 listed contracts with 87,571 open interest across all expiries and implied volatility of 65% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.