BJ'S RESTAURANTS INC (BJRI) Stock Fundamental Analysis
NASDAQ:BJRI - US09180C1062 - Common Stock
35.09 USD
+0.75 (+2.18%)
35.09 USD
0 (0%)
Taking everything into account, BJRI scores 4 out of 10 in our fundamental rating. BJRI was compared to 131 industry peers in the Hotels, Restaurants & Leisure industry. BJRI scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. BJRI may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
BJRI had positive earnings in the past year.
In the past year BJRI had a positive cash flow from operations.
In multiple years BJRI reported negative net income over the last 5 years.
In the past 5 years BJRI always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of BJRI (2.68%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 7.12%, BJRI is in the better half of the industry, outperforming 61.83% of the companies in the same industry.
BJRI has a Return On Invested Capital of 4.24%. This is comparable to the rest of the industry: BJRI outperforms 41.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.68% | ||
| ROE | 7.12% | ||
| ROIC | 4.24% |
ROA(3y)1.28%
ROA(5y)-0.39%
ROE(3y)3.69%
ROE(5y)-1.94%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BJRI has a Profit Margin of 1.99%. This is comparable to the rest of the industry: BJRI outperforms 42.75% of its industry peers.
BJRI's Profit Margin has declined in the last couple of years.
The Operating Margin of BJRI (3.24%) is worse than 70.23% of its industry peers.
In the last couple of years the Operating Margin of BJRI has declined.
BJRI has a worse Gross Margin (38.38%) than 64.12% of its industry peers.
BJRI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.24% | ||
| PM (TTM) | 1.99% | ||
| GM | 38.38% |
OM growth 3YN/A
OM growth 5Y-10.42%
PM growth 3YN/A
PM growth 5Y-20.58%
GM growth 3Y0.99%
GM growth 5Y-0.21%
2. Health
2.1 Basic Checks
BJRI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, BJRI has less shares outstanding
The number of shares outstanding for BJRI has been increased compared to 5 years ago.
Compared to 1 year ago, BJRI has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.51 indicates that BJRI is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of BJRI (2.51) is better than 66.41% of its industry peers.
BJRI has a debt to FCF ratio of 1.14. This is a very positive value and a sign of high solvency as it would only need 1.14 years to pay back of all of its debts.
The Debt to FCF ratio of BJRI (1.14) is better than 90.08% of its industry peers.
A Debt/Equity ratio of 0.16 indicates that BJRI is not too dependend on debt financing.
BJRI has a better Debt to Equity ratio (0.16) than 77.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.14 | ||
| Altman-Z | 2.51 |
ROIC/WACC0.47
WACC9.04%
2.3 Liquidity
BJRI has a Current Ratio of 0.38. This is a bad value and indicates that BJRI is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of BJRI (0.38) is worse than 83.21% of its industry peers.
A Quick Ratio of 0.32 indicates that BJRI may have some problems paying its short term obligations.
The Quick ratio of BJRI (0.32) is worse than 82.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.38 | ||
| Quick Ratio | 0.32 |
3. Growth
3.1 Past
BJRI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 55.74%, which is quite impressive.
BJRI shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.78% yearly.
The Revenue has been growing slightly by 4.07% in the past year.
Measured over the past years, BJRI shows a small growth in Revenue. The Revenue has been growing by 3.16% on average per year.
EPS 1Y (TTM)55.74%
EPS 3YN/A
EPS 5Y-6.78%
EPS Q2Q%34.72%
Revenue 1Y (TTM)4.07%
Revenue growth 3Y7.68%
Revenue growth 5Y3.16%
Sales Q2Q%4.48%
3.2 Future
The Earnings Per Share is expected to grow by 24.31% on average over the next years. This is a very strong growth
Based on estimates for the next years, BJRI will show a small growth in Revenue. The Revenue will grow by 4.51% on average per year.
EPS Next Y62.57%
EPS Next 2Y32.48%
EPS Next 3Y24.31%
EPS Next 5YN/A
Revenue Next Year3.85%
Revenue Next 2Y3.39%
Revenue Next 3Y3.37%
Revenue Next 5Y4.51%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 18.47 indicates a rather expensive valuation of BJRI.
BJRI's Price/Earnings ratio is a bit cheaper when compared to the industry. BJRI is cheaper than 74.05% of the companies in the same industry.
When comparing the Price/Earnings ratio of BJRI to the average of the S&P500 Index (27.24), we can say BJRI is valued slightly cheaper.
BJRI is valuated correctly with a Price/Forward Earnings ratio of 14.49.
Based on the Price/Forward Earnings ratio, BJRI is valued a bit cheaper than the industry average as 76.34% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 35.82. BJRI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.47 | ||
| Fwd PE | 14.49 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BJRI is valued cheaply inside the industry as 89.31% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BJRI indicates a rather cheap valuation: BJRI is cheaper than 85.50% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.58 | ||
| EV/EBITDA | 6.84 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as BJRI's earnings are expected to grow with 24.31% in the coming years.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y32.48%
EPS Next 3Y24.31%
5. Dividend
5.1 Amount
No dividends for BJRI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35.09
+0.75 (+2.18%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners98.17%
Inst Owner Change6.32%
Ins Owners1.37%
Ins Owner Change-17.72%
Market Cap776.19M
Analysts53.85
Price Target43.18 (23.06%)
Short Float %8.77%
Short Ratio3.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0.01%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)41.43%
Min EPS beat(2)31.56%
Max EPS beat(2)51.29%
EPS beat(4)3
Avg EPS beat(4)-146.61%
Min EPS beat(4)-704.03%
Max EPS beat(4)51.29%
EPS beat(8)6
Avg EPS beat(8)-313.32%
EPS beat(12)10
Avg EPS beat(12)-181.12%
EPS beat(16)11
Avg EPS beat(16)-192.37%
Revenue beat(2)0
Avg Revenue beat(2)-1.81%
Min Revenue beat(2)-1.98%
Max Revenue beat(2)-1.65%
Revenue beat(4)1
Avg Revenue beat(4)-1.33%
Min Revenue beat(4)-1.98%
Max Revenue beat(4)0.12%
Revenue beat(8)1
Avg Revenue beat(8)-2.09%
Revenue beat(12)3
Avg Revenue beat(12)-1.6%
Revenue beat(16)3
Avg Revenue beat(16)-1.99%
PT rev (1m)6.37%
PT rev (3m)1.14%
EPS NQ rev (1m)-47.19%
EPS NQ rev (3m)-29.96%
EPS NY rev (1m)10.17%
EPS NY rev (3m)9.75%
Revenue NQ rev (1m)-1%
Revenue NQ rev (3m)-0.87%
Revenue NY rev (1m)-0.14%
Revenue NY rev (3m)-0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.47 | ||
| Fwd PE | 14.49 | ||
| P/S | 0.56 | ||
| P/FCF | 14.58 | ||
| P/OCF | 6.17 | ||
| P/B | 2.01 | ||
| P/tB | 2.03 | ||
| EV/EBITDA | 6.84 |
EPS(TTM)1.9
EY5.41%
EPS(NY)2.42
Fwd EY6.9%
FCF(TTM)2.41
FCFY6.86%
OCF(TTM)5.69
OCFY16.21%
SpS62.55
BVpS17.48
TBVpS17.26
PEG (NY)0.3
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.68% | ||
| ROE | 7.12% | ||
| ROCE | 5.37% | ||
| ROIC | 4.24% | ||
| ROICexc | 4.38% | ||
| ROICexgc | 4.4% | ||
| OM | 3.24% | ||
| PM (TTM) | 1.99% | ||
| GM | 38.38% | ||
| FCFM | 3.85% |
ROA(3y)1.28%
ROA(5y)-0.39%
ROE(3y)3.69%
ROE(5y)-1.94%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-5.99%
ROICexc growth 3YN/A
ROICexc growth 5Y-6%
OM growth 3YN/A
OM growth 5Y-10.42%
PM growth 3YN/A
PM growth 5Y-20.58%
GM growth 3Y0.99%
GM growth 5Y-0.21%
F-Score8
Asset Turnover1.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.14 | ||
| Debt/EBITDA | 0.51 | ||
| Cap/Depr | 98.49% | ||
| Cap/Sales | 5.25% | ||
| Interest Coverage | 10.27 | ||
| Cash Conversion | 106.14% | ||
| Profit Quality | 193.53% | ||
| Current Ratio | 0.38 | ||
| Quick Ratio | 0.32 | ||
| Altman-Z | 2.51 |
F-Score8
WACC9.04%
ROIC/WACC0.47
Cap/Depr(3y)118.9%
Cap/Depr(5y)94.78%
Cap/Sales(3y)6.4%
Cap/Sales(5y)5.73%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)55.74%
EPS 3YN/A
EPS 5Y-6.78%
EPS Q2Q%34.72%
EPS Next Y62.57%
EPS Next 2Y32.48%
EPS Next 3Y24.31%
EPS Next 5YN/A
Revenue 1Y (TTM)4.07%
Revenue growth 3Y7.68%
Revenue growth 5Y3.16%
Sales Q2Q%4.48%
Revenue Next Year3.85%
Revenue Next 2Y3.39%
Revenue Next 3Y3.37%
Revenue Next 5Y4.51%
EBIT growth 1Y49.81%
EBIT growth 3YN/A
EBIT growth 5Y-7.58%
EBIT Next Year380.78%
EBIT Next 3Y75.29%
EBIT Next 5YN/A
FCF growth 1Y240.46%
FCF growth 3Y3.6%
FCF growth 5Y-6.18%
OCF growth 1Y101.34%
OCF growth 3Y16.42%
OCF growth 5Y-2.64%