BJ's Restaurants Inc
NASDAQ:BJRI
Intrinsic Value
BJ's Restaurants, Inc. engages in the ownership and operation of casual dining restaurants. [ Read More ]
The intrinsic value of one BJRI stock under the Base Case scenario is 38.16 USD. Compared to the current market price of 36.18 USD, BJ's Restaurants Inc is Undervalued by 5%.
Valuation Backtest
BJ's Restaurants Inc
Run backtest to discover the historical profit from buying and selling BJRI stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Sales Growth Amidst Cost-Saving Initiatives
2023-Q4 Earnings Call
Q4 comparable restaurant sales increased by 0.6%, averaging $115,000 weekly, with rising cash flow margins of 14.4%, an improvement of nearly 300 basis points. Net income doubled to $8.1 million, EPS at $0.34. Strategic sales initiatives, like modifying promotions, enhanced margins but dampened comp sales. The on-premise business, especially late-night sales, showed strength, contributing to a low single-digit comp sales rise. Q1 began with mid-single-digit comp sales declines due to harsh weather, but recovery is projected with full-year comp sales expected to be negative low single digits. Over $35 million in annualized costs were cut, exceeding targets by $10 million, propelling Q4 margins up and aiming for a year-end rate approaching 16%. The repurchase program was expanded by $50 million, reflecting confidence in long-term growth.
Balance Sheet Decomposition
BJ's Restaurants Inc
Current Assets | 83m |
Cash & Short-Term Investments | 29.1m |
Receivables | 19.5m |
Other Current Assets | 34.5m |
Non-Current Assets | 975.4m |
Long-Term Investments | 4.8m |
PP&E | 875.3m |
Intangibles | 4.7m |
Other Non-Current Assets | 90.7m |
Current Liabilities | 199.3m |
Accounts Payable | 60.6m |
Accrued Liabilities | 138.7m |
Non-Current Liabilities | 493.4m |
Long-Term Debt | 68m |
Other Non-Current Liabilities | 425.4m |
Earnings Waterfall
BJ's Restaurants Inc
Revenue
|
1.3B
USD
|
Cost of Revenue
|
-837.9m
USD
|
Gross Profit
|
495.3m
USD
|
Operating Expenses
|
-473.5m
USD
|
Operating Income
|
21.9m
USD
|
Other Expenses
|
-2.2m
USD
|
Net Income
|
19.7m
USD
|
Free Cash Flow Analysis
BJ's Restaurants Inc
What is Free Cash Flow?
BJRI Profitability Score
Profitability Due Diligence
BJ's Restaurants Inc's profitability score is 48/100. The higher the profitability score, the more profitable the company is.
Score
BJ's Restaurants Inc's profitability score is 48/100. The higher the profitability score, the more profitable the company is.
BJRI Solvency Score
Solvency Due Diligence
BJ's Restaurants Inc's solvency score is 45/100. The higher the solvency score, the more solvent the company is.
Score
BJ's Restaurants Inc's solvency score is 45/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
BJRI Price Targets Summary
BJ's Restaurants Inc
According to Wall Street analysts, the average 1-year price target for BJRI is 38.53 USD with a low forecast of 32.32 USD and a high forecast of 44.1 USD.
Ownership
BJRI Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
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3 Months |
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9 Months |
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12 Months |
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Shareholder Return
BJRI Price
BJ's Restaurants Inc
Average Annual Return | -12.46% |
Standard Deviation of Annual Returns | 10.2% |
Max Drawdown | -87% |
Market Capitalization | 838.8m USD |
Shares Outstanding | 23 367 000 |
Percentage of Shares Shorted | 16.9% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
BJ's Restaurants, Inc. engages in the ownership and operation of casual dining restaurants. The company is headquartered in Huntington Beach, California and currently employs 21,000 full-time employees. The Company’s offers craft beer, which is produced at several of its restaurants, its Temple, Texas brewpub locations and by independent third-party brewers using its own recipes. The Company’s restaurants feature a range of menu with over 100 menu items designed to offer various items including: slow roasted entrees, such as prime rib, EnLIGHTened Entrees, such as its Cherry Chipotle Glazed Salmon, its original signature deep-dish pizza, Pizookie dessert; and its own craft beers. The company also produces non-alcoholic craft sodas that are sold in its restaurants. The firm owns and operates approximately 211 restaurants located in the 29 states, which include Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Indiana, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Texas, Virginia and Washington.
Contact
IPO
Employees
Officers
The intrinsic value of one BJRI stock under the Base Case scenario is 38.16 USD.
Compared to the current market price of 36.18 USD, BJ's Restaurants Inc is Undervalued by 5%.