Event-Driven Stocks

Burger King Worldwide, Inc.

Consumer Discretionary · Retail-Eating Places · DE · SEC filings ↗ · Compare ⊕

Signs3 good3 warningdetails ↓

Financials

SEC XBRL · annual
 FY13FY12FY11FY10
Revenue$327.7M$569.9M$2.34B$466.8M
Operating income$102.4M$84.1M$362.5M−$85.8M
Net income$35.8M$14.3M$88.1M−$115.7M
Total assets$5.83B$5.56B$5.61B
Total liabilities$4.31B$4.39B$4.56B
Equity$1.52B$1.18B$1.05B$1.45B
EPS (diluted)$0.10$0.04$0.25$-0.33
Shares out.350.3M350.2M348.2M347.9M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2013
Operating margin
31.2%
Net margin
10.9%
Return on equity
2.4%
Return on assets
0.6%
Return on capital (ROCE)
1.9%
Liabilities / assets
74.0%
Debt / equity
2.84×
Book value / share
$4.33
Revenue growth (YoY)
−42.5%
Net income growth (YoY)
150.3%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2013
Altman Z″ (distress)
1.43grey zone
Accruals / assets
5.0%clean
Piotroski F-Score
7/9strong

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
67
/ 100
Profitability 100Growth 50Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

3 warning3 good
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
0 acquisitions12 disposalsnet 245.7M shares · last 12
InsiderDateTypeSharesPrice
3g Special Situations Fund Ii, L.P.10% ownerDec 12, 2014D243.9M
Franklin Martin EDirectorDec 12, 2014D1.2M
Parker AlanDirectorDec 12, 2014D23,625
Schwan Axel MrOfficer — Chief Marketing OfficerDec 12, 2014D2,539
Cil Jose E.Officer — EVP, President EMEADec 12, 2014D105,758
Hees BernardoDirectorDec 12, 2014D266,060
Friesner JacquelineOfficer — See RemarksDec 12, 2014D9,098
Thompson Motta Roberto MosesDirectorDec 12, 2014D2,175
Behring AlexandreDirectorDec 12, 2014D89,217
Goncalves HeitorOfficer — EVP, Chief Information OfficerDec 12, 2014D107,478
Macedo AlexandreOfficer — EVP, President, North AmericaDec 12, 2014D41,693
Fribourg Paul JDirectorDec 12, 2014D43,258

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Corporate family

Spun off from Burger King Worldwide Holdings · Apr 17, 2012

Spin-offs from Burger King Worldwide, Inc. (1)

From the spin-off filings we track. Follow a company to walk its own history.

Event-driven situations (1)