Papa John's International (FRA:PP1) Debt-to-Equity: -2.07 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:PP1 Papa John's International Inc FRA:PP1
59 GF Score
Price €19.80
GF Value €35.71
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Papa John's International Debt-to-Equity?

Papa John's International FRA:PP1 +1.54% 59 Debt-to-Equity is -2.07 as of Jun. 2026. GuruFocus rates FRA:PP1 with a GF Score™ of 59/100 and a GF Value™ of €35.71 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 317 Restaurants companies, Papa John's International ranks worse than 315457.1% on this metric.

Papa John's International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €39 Mil. Papa John's International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €773 Mil. Papa John's International's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €-393 Mil. Papa John's International's debt to equity for the quarter that ended in Jun. 2026 was -2.06.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Papa John's International's Debt-to-Equity or its related term are showing as below:

FRA:PP1' s Debt-to-Equity Range Over the Past 10 Years
Min: -76.66   Med: -2.11   Max: 33.61
Current: -2.07

During the past 13 years, the highest Debt-to-Equity Ratio of Papa John's International was 33.61. The lowest was -76.66. And the median was -2.11.

FRA:PP1's Debt-to-Equity is not ranked
in the Restaurants industry.
Industry Median: 0.85 vs FRA:PP1: -2.07

Papa John's International  (FRA:PP1) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Papa John's International Debt-to-Equity Related Terms


Papa John's International Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Papa John's International's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Papa John's International Debt-to-Equity Chart

Papa John's International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.65 -2.82 -2.10 -2.26 -2.11

Papa John's International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.24 -2.16 -2.11 -2.12 -2.07

FRA:PP1 vs BH, CBRL, FWRG: Debt-to-Equity Comparison

For the Restaurants subindustry, Papa John's International's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Papa John's International Debt-to-Equity vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Papa John's International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Papa John's International's Debt-to-Equity falls into.


FRA:PP1
59GF Score
Papa John's International Inc FRA:PP1
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Papa John's International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Papa John's International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Papa John's International's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -2.07 mean?
Papa John's International (FRA:PP1) has a Debt-to-Equity of -2.07 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Papa John's International and its competitors. According to the industry distribution chart, Papa John's International ranks #999999 out of 317 companies in the Restaurants industry.
Is Papa John's International's Debt-to-Equity too high?
Papa John's International's current Debt-to-Equity is -2.07. Based on the distribution chart, Papa John's International ranks #999999 out of 317 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Papa John's International has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Papa John's International's Debt-to-Equity compare to BH and CBRL?
According to the Restaurants industry distribution chart, Papa John's International ranks #999999 out of 317 companies for Debt-to-Equity. This places Papa John's International in the lower half of its industry. The industry median Debt-to-Equity is 0.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Restaurants company?
The median Debt-to-Equity among Restaurants companies is 0.85, based on 317 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Papa John's International and its competitors. For the Restaurants industry, the median Debt-to-Equity is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Papa John's International's current Debt-to-Equity is -2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Papa John's International stock overvalued right now?
Based on GuruFocus' analysis, Papa John's International (FRA:PP1) is currently considered Significantly Undervalued. The stock's GF Value™ is €35.71, compared to a current price of €19.80 — trading 44.6% below its estimated fair value. The current Debt-to-Equity is -2.07. Papa John's International's overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Papa John's International (FRA:PP1), the current Debt-to-Equity is -2.07 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Papa John's International (FRA:PP1) Overvalued in 2026?

Based on GuruFocus' analysis, Papa John's International stock appears to be undervalued. The current stock price of €19.80 is trading 44.6% below its estimated GF Value™ of €35.71. GuruFocus considers Papa John's International to be Significantly Undervalued.

Key valuation signals for FRA:PP1:

  • Debt-to-Equity: -2.07
  • GF Value™: €35.71 vs. price of €19.80 (44.6% below fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the FRA:PP1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Papa John's International Business Description

Other Exchanges PZZA:USA1PZZA:Italy
Address 2002 Papa John\'s Boulevard, Louisville, KY, USA, 40299-2367
Papa John's International Inc operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants. It has four defined reportable segments: Domestic Company-owned restaurants, North America franchising, North America commissaries, and International. The company derives maximum revenue from North America commissaries segment. The North America commissaries segment consists of the operations of its regional dough production and product distribution centers in the United States and Canada and derives its revenues principally from the sale and distribution of food and paper products to Domestic Company-owned and franchised restaurants in the United States and Canada.
59GF Score

Get the complete analysis for FRA:PP1

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€19.80
Price
€35.71
GF Value