BJ'S RESTAURANTS INC (BJRI) Stock Fundamental Analysis
USA - NASDAQ:BJRI - US09180C1062 - Common Stock
30.93 USD
-1.43 (-4.42%)
30.93 USD
0 (0%)
BJRI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 133 industry peers in the Hotels, Restaurants & Leisure industry. The financial health of BJRI is average, but there are quite some concerns on its profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on BJRI.
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.
The reported net income has been mixed in the past 5 years: BJRI reported negative net income in multiple years.
BJRI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BJRI has a Return On Assets (2.68%) which is comparable to the rest of the industry.
The Return On Equity of BJRI (7.12%) is better than 61.19% of its industry peers.
BJRI has a Return On Invested Capital (4.24%) which is comparable to the rest of the industry.
| 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
With a Profit Margin value of 1.99%, BJRI perfoms like the industry average, outperforming 41.04% of the companies in the same industry.
In the last couple of years the Profit Margin of BJRI has declined.
BJRI has a worse Operating Margin (3.24%) than 69.40% of its industry peers.
BJRI's Operating Margin has declined in the last couple of years.
BJRI has a worse Gross Margin (38.38%) than 64.93% of its industry peers.
In the last couple of years the Gross Margin of BJRI has remained more or less at the same level.
| 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.
The number of shares outstanding for BJRI has been reduced compared to 1 year ago.
Compared to 5 years ago, BJRI has more shares outstanding
Compared to 1 year ago, BJRI has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.43 indicates that BJRI is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of BJRI (2.43) is better than 64.18% of its industry peers.
The Debt to FCF ratio of BJRI is 1.14, which is an excellent value as it means it would take BJRI, only 1.14 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 1.14, BJRI belongs to the best of the industry, outperforming 88.81% of the companies in the same industry.
A Debt/Equity ratio of 0.16 indicates that BJRI is not too dependend on debt financing.
BJRI's Debt to Equity ratio of 0.16 is fine compared to the rest of the industry. BJRI outperforms 76.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.14 | ||
| Altman-Z | 2.43 |
ROIC/WACC0.48
WACC8.85%
2.3 Liquidity
A Current Ratio of 0.38 indicates that BJRI may have some problems paying its short term obligations.
With a Current ratio value of 0.38, BJRI is not doing good in the industry: 83.58% of the companies in the same industry are doing better.
BJRI has a Quick 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.
With a Quick ratio value of 0.32, BJRI is not doing good in the industry: 82.84% of the companies in the same industry are doing better.
| 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.
BJRI shows a small growth in Revenue. In the last year, the Revenue has grown by 4.07%.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 16.28 indicates a correct valuation of BJRI.
77.61% of the companies in the same industry are more expensive than BJRI, based on the Price/Earnings ratio.
BJRI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.30.
The Price/Forward Earnings ratio is 12.77, which indicates a correct valuation of BJRI.
81.34% of the companies in the same industry are more expensive than BJRI, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of BJRI to the average of the S&P500 Index (22.73), we can say BJRI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.28 | ||
| Fwd PE | 12.77 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BJRI indicates a rather cheap valuation: BJRI is cheaper than 89.55% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BJRI indicates a rather cheap valuation: BJRI is cheaper than 88.81% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.85 | ||
| EV/EBITDA | 6.06 |
4.3 Compensation for Growth
BJRI's 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)0.26
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 |
30.93
-1.43 (-4.42%)
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-18.14%
Market Cap684.17M
Analysts72.86
Price Target43.18 (39.61%)
Short Float %9.72%
Short Ratio3.59
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)0%
PT rev (3m)1.2%
EPS NQ rev (1m)-6.97%
EPS NQ rev (3m)-57.05%
EPS NY rev (1m)10.17%
EPS NY rev (3m)9.75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.13%
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.28 | ||
| Fwd PE | 12.77 | ||
| P/S | 0.49 | ||
| P/FCF | 12.85 | ||
| P/OCF | 5.44 | ||
| P/B | 1.77 | ||
| P/tB | 1.79 | ||
| EV/EBITDA | 6.06 |
EPS(TTM)1.9
EY6.14%
EPS(NY)2.42
Fwd EY7.83%
FCF(TTM)2.41
FCFY7.78%
OCF(TTM)5.69
OCFY18.39%
SpS62.55
BVpS17.48
TBVpS17.26
PEG (NY)0.26
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 | 2.43 |
F-Score8
WACC8.85%
ROIC/WACC0.48
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%