
Dunkin' Brands (NASDAQ:DNKN) is a name I've been cautious on of late as a huge run in the stock has been accompanied by stagnant-at-best fundamentals. Indeed, heading into the Q3 report, I said DNKN looked vulnerable, and as it turns out, it was. But despite the so-so report, shares are still in the high-$40s and that means the valuation is still an issue for me. Let's take a look and see if DNKN has earned the right to stay there or if it is still overvalued.

