Sphera Franchise Group SA

Sphera Franchise Group SA

BBVB:SFG
33.60
RON
+0.40
(+1.20%)
1.49EPS
26.67P/E
1.52BMarket Cap
Nov 27Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
19.88
24.61
18.34
25.85
34.12
37.97
40.12
40.89
41.11
Basic EPS, GAAP
0.62
1.42
-0.25
0.47
0.97
1.84
2.5
1.46
1.48
Free Cash Flow per Basic Share
-0.57
1.02
1.91
1.2
2.53
3.91
4.27
3.32
3.16
Dividend per Share
- -
0.35
0.35
0.89
0.89
1.65
2.06
2.04
1.01
Book Value per Share
3.32
4.43
3.84
3.4
2.99
3.66
3.99
3.27
2.37
Tangible Book Value per Share
1.71
2.76
2.26
1.86
1.5
2.16
2.46
1.68
0.77
Basic Weighted Avg Shares
39
39
39
39
39
39
39
39
39
Sales/Revenue/Turnover
771
955
712
1,003
1,324
1,469
1,552
1,580
1,588
Operating Margin (%)
5.49
8.61
1.54
4.17
4.69
7.47
9.33
6.46
6.69
Depreciation Expense
30
79
95
96
107
110
114
131
131
Net Income, GAAP
24
55
-10
18
38
71
97
56
57
Effective Tax Rate (%)
10.59
6
- -
- -
2.17
14.58
18.33
19.98
20
Profit Margin (%)
3.12
5.78
-1.36
1.84
2.84
4.85
6.24
3.57
3.59
Working Capital
-9
-70
-79
-56
-103
-118
-119
-144
-179
LT Debt
87
264
281
349
314
303
351
358
374
Total Equity
129
172
149
132
116
143
155
127
92
Return on Invested Capital (%)
- -
18.56
- -
- -
10.38
16.9
20.03
13.15
14.28
Return on Capital (%)
- -
17.28
- -
- -
9.99
16.72
20.12
12.14
12.58
Return on Common Equity (%)
- -
36.73
-6.04
13.13
30.29
55.14
65.27
40.11
54.76

Capital Structure

RON

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
114
112
118
LT Borrowings
106
101
112
LT Finance Leases
252
259
262
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
39
39
39
Market Capitalization
1,459
1,375
1,523

Working Capital

RON

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
141
111
86
Cash, Cash Equivalents & STI
38
75
45
Accounts Receivable, Net
2
14
16
Inventories
17
14
15
Total Current Liabilities
286
258
265
Payables & Accruals
- -
- -
- -
ST Debt
114
112
118
Deferred Revenue
- -
- -
- -

Growth Rates

RON

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-2.04%
-18.11%
Free Cash Flow
- -
23%
-22.21%
Net Income, GAAP
- -
-20.52%
-41.79%
Sales/Revenue/Turnover
- -
18.28%
1.82%
Total Cash Common Dividend
- -
52.25%
-1.19%

Quarterly Revenue

RON

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
367
375
404
407
1,552
2025
365
383
407
426
1,580
2026
379
377
- -
- -
- -

Quarterly Earnings Per Share

RON

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.58
0.47
0.77
0.68
2.5
2025
0.17
-0.01
0.65
0.65
1.46
2026
0.11
0.07
- -
- -
- -

Quarterly Dividends Per Share

RON

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
1.03
2.06
2025
- -
- -
- -
1.01
2.04
2026
- -
- -
- -
- -
- -

Company Description

CEO
Calin Viorel Ionescu
Full Time Employees
4,922
Sector
Consumer services
Industry
Restaurants
Address
Bucharest Romania
IPO Date
Nov 2, 2017
Business
Sphera Franchise Group SA is a Romania-based food service holding company that operates quick-service and casual dining restaurant chains under franchise agreements. Founded in 2017 and headquartered in Bucharest, Romania, the company conducts restaurant operations across Romania, Italy, and the Republic of Moldova. Sphera Franchise Group SA manages its business through operating subsidiaries, including US Food Network SA and US Food Network S.r.l. for its chicken restaurant operations, American Restaurant System SA for its pizza operations, and California Fresh Flavors SRL for its Mexican-inspired food segment. The company serves retail consumers across multiple service channels, including dine-in restaurants, drive-thru units, takeaway counters, digital self-ordering kiosks, proprietary mobile applications, and online food delivery platforms. The company provides a wide range of food and beverage products organized across international brand concepts: under the KFC franchise, it offers seasoned fried chicken pieces, crispy tenders, hot wings, chicken burgers, wraps, fresh salads, French fries, desserts, and soft drinks; under the Pizza Hut and Pizza Hut Delivery franchises, it provides pan pizzas, thin-crust pizzas, stuffed-crust pizzas, pasta dishes, appetizers, salads, desserts, and beverages; under the Taco Bell franchise, it offers Mexican-style fast food including crunchy and soft tacos, burritos, quesadillas, nachos, loaded fries, Crunchwrap specialties, and soft drinks; and under the Cioccolatitaliani franchise, it serves artisan Italian chocolates, gelato, espresso-based specialty coffee beverages, pastries, and Italian confectionery items. In recent strategic and operational developments, Sphera Franchise Group SA has diversified its brand portfolio and restructured its restaurant network. The company expanded its brand reach by securing the franchise rights for Cioccolatitaliani in Italy and Romania, rolling out premium chocolate and cafe locations. Additionally, the group acquired the franchise rights to develop and operate Hard Rock Cafe locations across Romania and the Republic of Moldova, initiating plans to establish five casual dining restaurant and merchandise venues over a multi-year development timeline. Operationally, the company executed a portfolio optimization and efficiency program for its Pizza Hut brand, closing underperforming dine-in units while consolidating operations around high-efficiency delivery and express formats. The group has also accelerated the expansion of its KFC drive-thru restaurant network and invested in digital transformation initiatives, including kitchen automation, interactive self-ordering kiosks, and omnichannel customer loyalty platforms.