WEN (The Wendy's Co) EV-to-EBITDA: 10.22 (As of Aug. 01, 2026) — 34% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WEN The Wendy's Co WEN
67 GF Score
Price $7.38
GF Value $18.44
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is The Wendy's Co EV-to-EBITDA?

The Wendy's Co WEN 67 EV-to-EBITDA is 10.22 as of Aug. 01, 2026, which is 34% below its 10-year median of 15.47. GuruFocus rates WEN with a GF Score™ of 67/100 and a GF Value™ of $18.44 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 309 Restaurants companies, The Wendy's Co ranks worse than 52.1% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, The Wendy's Co's enterprise value is $5,224 Mil. The Wendy's Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $511 Mil. Therefore, The Wendy's Co's EV-to-EBITDA for today is 10.22.

The historical rank and industry rank for The Wendy's Co's EV-to-EBITDA or its related term are showing as below:

WEN' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.11   Med: 15.47   Max: 23.12
Current: 10.22

During the past 13 years, the highest EV-to-EBITDA of The Wendy's Co was 23.12. The lowest was 7.11. And the median was 15.47.

WEN's EV-to-EBITDA is ranked worse than
52.1% of 309 companies
in the Restaurants industry
Industry Median: 9.63 vs WEN: 10.22

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-01), The Wendy's Co's stock price is $7.38. The Wendy's Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.780. Therefore, The Wendy's Co's PE Ratio (TTM) for today is 9.46.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


The Wendy's Co  (NAS:WEN) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

The Wendy's Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=7.38/0.780
=9.46

The Wendy's Co's share price for today is $7.38.
The Wendy's Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.780.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


The Wendy's Co EV-to-EBITDA Related Terms


The Wendy's Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for The Wendy's Co's EV-to-EBITDA 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.

The Wendy's Co EV-to-EBITDA Chart

The Wendy's Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.42 16.66 13.81 12.57 10.35

The Wendy's Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA 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 11.92 10.79 10.09 10.35 10.06

WEN vs BJRI, CBRL, BH: EV-to-EBITDA Comparison

For the Restaurants subindustry, The Wendy's Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


The Wendy's Co EV-to-EBITDA vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, The Wendy's Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where The Wendy's Co's EV-to-EBITDA falls into.


WEN
67GF Score
The Wendy's Co WEN
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Wendy's Co EV-to-EBITDA Calculation

The Wendy's Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=5223.600/511.08
=10.22

The Wendy's Co's current Enterprise Value is $5,224 Mil.
The Wendy's Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $511 Mil.

* 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 EV-to-EBITDA →
What does a EV-to-EBITDA of 10.22 mean?
The Wendy's Co (WEN) has a EV-to-EBITDA of 10.22 as of Aug. 01, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on The Wendy's Co. This is 34% below median its historical median of 15.47. Over the past decade, The Wendy's Co's EV-to-EBITDA has ranged from 7.11 to 23.12. According to the industry distribution chart, The Wendy's Co ranks #161 out of 309 companies in the Restaurants industry, placing it in the top 52.1%.
Is The Wendy's Co's EV-to-EBITDA too high?
The Wendy's Co's current EV-to-EBITDA of 10.22 is 34% below median its 10-year median of 15.47. Over the past 10 years, this metric has ranged from a low of 7.11 to a high of 23.12. The Restaurants industry median EV-to-EBITDA is 9.63. The Wendy's Co's value of 10.22 is 6.1% above this industry median. Based on the distribution chart, The Wendy's Co ranks #161 out of 309 companies in the Restaurants industry, which is below the industry midpoint. Overall, The Wendy's Co has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Wendy's Co's EV-to-EBITDA compare to BJRI and CBRL?
According to the Restaurants industry distribution chart, The Wendy's Co ranks #161 out of 309 companies for EV-to-EBITDA. This places The Wendy's Co in the lower half of its industry. The industry median EV-to-EBITDA is 9.63. The Wendy's Co's value of 10.22 is 6.1% above this benchmark. Historically, The Wendy's Co's own EV-to-EBITDA has ranged from 7.11 to 23.12 over the past decade. While the company's 10-year median is 15.47 vs. the industry median of 9.63, The Wendy's Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Restaurants company?
The median EV-to-EBITDA among Restaurants companies is 9.63, based on 309 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Wendy's Co's current EV-to-EBITDA of 10.22 is 6.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on The Wendy's Co. For the Restaurants industry, the median EV-to-EBITDA is 9.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Wendy's Co's current EV-to-EBITDA is 10.22, which is 34% below median its own 10-year median of 15.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Wendy's Co stock overvalued right now?
Based on GuruFocus' analysis, The Wendy's Co (WEN) is currently considered Possible Value Trap. The stock's GF Value™ is $18.44, compared to a current price of $7.38 — trading 60% below its estimated fair value. The current EV-to-EBITDA is 10.22, which is 34% below median its 10-year median of 15.47 and 6.1% above the Restaurants industry median of 9.63. The Wendy's Co's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For The Wendy's Co (WEN), the current EV-to-EBITDA is 10.22 as of Aug. 01, 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 The Wendy's Co (WEN) Overvalued in 2026?

Based on GuruFocus' analysis, The Wendy's Co stock appears to be undervalued. The current stock price of $7.38 is trading 60% below its estimated GF Value™ of $18.44. GuruFocus considers The Wendy's Co to be Possible Value Trap.

Key valuation signals for WEN:

  • EV-to-EBITDA: 10.22 (34% below median its 10-year median of 15.47)
  • GF Value™: $18.44 vs. price of $7.38 (60% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 6.1% above the Restaurants median (#161 of 309)

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


The Wendy's Co Business Description

Other Exchanges 1WEN:ItalyTQK:Germany
Address One Dave Thomas Boulevard, Dublin, OH, USA, 43017
The Wendy's Co is engaged in operating, developing, and franchising a system of distinctive quick-service restaurants serving high-quality food. The company operates through Wendy's U.S., Wendy's International, and Global Real Estate & Development. Wendy's U.S. and Wendy's International include the operation and franchising of restaurants and derive revenues from sales at company-operated restaurants, as well as royalties, franchise fees, and advertising fund collections from franchised restaurants. Global Real Estate & Development includes real estate activities for owned and leased sites that are leased or subleased to franchisees and includes the company's share of income from its Canadian restaurant real estate joint venture.
67GF Score

Get the complete analysis for WEN

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

$7.38
Price
$18.44
GF Value