The Wendy’s Company (WEN): A Bull Case Theory

 We came across a bullish thesis on The Wendy’s Company on Value investing subreddit by AspyAsparagus. In this article, we will summarize the bulls’ thesis on WEN. The Wendy’s Company's share was trading at $8.48 as of December 2nd. WEN’s trailing and forward P/E were 8.76 and 9.31  respectively according to Yahoo Finance.

The Wendy's Company, together with its subsidiaries, operates as a quick-service restaurant company in the United States and internationally. WEN is currently trading at a strikingly low 9x P/E, well below the average QSR multiple of 27x, despite...