Yum Brands Inc (YUM)

Retail-Eating Places

Latest Price

$136.34

TTM P/E

17.15

Normalized P/E

24.29

Div Yield

2.14%

Book Value

P/B Ratio

Valuation metrics

Norm. op. income: $2.2B (median of 7yr)

Tax rate: 12%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$28.51

79% downside

Base FCF: $1.4B (median of recent 5yr)

Growth: 12%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$101.49

26% downside

EPS: $5.55

Target P/E: 24×

Formula: EPS × P/E

P/E Fair Value

$133.20

2% downside

88.9% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	26.19M	$4.19B	9.49%	-245.7K	2026-06-30
JPMorgan Chase & Co	20.02M	$3.17B	7.25%	-32.6K	2026-06-30
Vanguard Capital Management LLC	18.00M	$2.88B	6.52%	-2.5K	2026-06-30
Capital International Investors	16.96M	$2.71B	6.15%	+135.3K	2026-06-30
Vanguard Portfolio Management LLC	14.00M	$2.24B	5.07%	+60.7K	2026-06-30
State Street Corp	13.19M	$2.11B	4.78%	+200.8K	2026-06-30
T. Rowe Price Investment Management, Inc.	10.27M	$1.64B	3.72%	+391.3K	2026-06-30
Geode Capital Management, LLC	8.37M	$1.34B	3.03%	+43.4K	2026-06-30
Norges Bank	5.02M	$802.0M	1.82%	+349.9K	2026-06-30
Invesco Ltd.	4.85M	$774.0M	1.76%	+809.8K	2026-06-30