CRACKER BARREL OLD COUNTRY (CBRL) Stock Fundamental Analysis
NASDAQ:CBRL - US22410J1060 - Common Stock
50.36 USD
-0.98 (-1.9%)
50.36 USD
0 (0%)
CBRL gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 134 industry peers in the Hotels, Restaurants & Leisure industry. While CBRL is still in line with the averages on profitability rating, there are concerns on its financial health. CBRL has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year CBRL was profitable.
In the past year CBRL had a positive cash flow from operations.
CBRL had positive earnings in 4 of the past 5 years.
CBRL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CBRL's Return On Assets of 2.70% is in line compared to the rest of the industry. CBRL outperforms 50.00% of its industry peers.
With a decent Return On Equity value of 12.31%, CBRL is doing good in the industry, outperforming 70.90% of the companies in the same industry.
With a Return On Invested Capital value of 3.55%, CBRL perfoms like the industry average, outperforming 40.30% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CBRL is significantly below the industry average of 15.68%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.7% | ||
| ROE | 12.31% | ||
| ROIC | 3.55% |
ROA(3y)4.04%
ROA(5y)4.29%
ROE(3y)18.52%
ROE(5y)17.23%
ROIC(3y)5.42%
ROIC(5y)4.91%
1.3 Margins
CBRL has a Profit Margin of 1.65%. This is in the lower half of the industry: CBRL underperforms 61.19% of its industry peers.
In the last couple of years the Profit Margin of CBRL has declined.
Looking at the Operating Margin, with a value of 2.20%, CBRL is doing worse than 73.13% of the companies in the same industry.
In the last couple of years the Operating Margin of CBRL has declined.
CBRL has a Gross Margin of 69.00%. This is amongst the best in the industry. CBRL outperforms 83.58% of its industry peers.
CBRL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.2% | ||
| PM (TTM) | 1.65% | ||
| GM | 69% |
OM growth 3Y-26.5%
OM growth 5Y-25.62%
PM growth 3Y-49.25%
PM growth 5Y-30.5%
GM growth 3Y-0.32%
GM growth 5Y-0.3%
2. Health
2.1 Basic Checks
CBRL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
CBRL has more shares outstanding than it did 1 year ago.
CBRL has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CBRL is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.38 indicates that CBRL is not a great score, but indicates only limited risk for bankruptcy at the moment.
CBRL has a Altman-Z score of 2.38. This is in the better half of the industry: CBRL outperforms 61.19% of its industry peers.
CBRL has a debt to FCF ratio of 19.53. This is a negative value and a sign of low solvency as CBRL would need 19.53 years to pay back of all of its debts.
CBRL has a Debt to FCF ratio (19.53) which is in line with its industry peers.
A Debt/Equity ratio of 1.04 is on the high side and indicates that CBRL has dependencies on debt financing.
With a decent Debt to Equity ratio value of 1.04, CBRL is doing good in the industry, outperforming 60.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 19.53 | ||
| Altman-Z | 2.38 |
ROIC/WACC0.43
WACC8.3%
2.3 Liquidity
CBRL has a Current Ratio of 0.65. This is a bad value and indicates that CBRL is not financially healthy enough and could expect problems in meeting its short term obligations.
CBRL's Current ratio of 0.65 is on the low side compared to the rest of the industry. CBRL is outperformed by 64.18% of its industry peers.
CBRL has a Quick Ratio of 0.65. This is a bad value and indicates that CBRL is not financially healthy enough and could expect problems in meeting its short term obligations.
CBRL has a Quick ratio of 0.26. This is amonst the worse of the industry: CBRL underperforms 89.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
CBRL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.49%.
CBRL shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -16.60% yearly.
CBRL shows a small growth in Revenue. In the last year, the Revenue has grown by 2.84%.
The Revenue has been growing slightly by 2.47% on average over the past years.
EPS 1Y (TTM)-25.49%
EPS 3Y-10.11%
EPS 5Y-16.6%
EPS Q2Q%-34.09%
Revenue 1Y (TTM)2.84%
Revenue growth 3Y7.15%
Revenue growth 5Y2.47%
Sales Q2Q%0.49%
3.2 Future
Based on estimates for the next years, CBRL will show a small growth in Earnings Per Share. The EPS will grow by 1.90% on average per year.
CBRL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.93% yearly.
EPS Next Y-13.72%
EPS Next 2Y-4.55%
EPS Next 3Y1.9%
EPS Next 5YN/A
Revenue Next Year-0.11%
Revenue Next 2Y0.77%
Revenue Next 3Y0.93%
Revenue Next 5YN/A
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CBRL is valuated correctly with a Price/Earnings ratio of 14.86.
Compared to the rest of the industry, the Price/Earnings ratio of CBRL indicates a rather cheap valuation: CBRL is cheaper than 81.34% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CBRL to the average of the S&P500 Index (27.07), we can say CBRL is valued slightly cheaper.
CBRL is valuated correctly with a Price/Forward Earnings ratio of 14.78.
Based on the Price/Forward Earnings ratio, CBRL is valued a bit cheaper than 73.88% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CBRL to the average of the S&P500 Index (22.59), we can say CBRL is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.86 | ||
| Fwd PE | 14.78 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CBRL indicates a rather cheap valuation: CBRL is cheaper than 81.34% of the companies listed in the same industry.
CBRL's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.75 | ||
| EV/EBITDA | 8.26 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.55%
EPS Next 3Y1.9%
5. Dividend
5.1 Amount
CBRL has a Yearly Dividend Yield of 1.92%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.01, CBRL pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.46, CBRL is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.92% |
5.2 History
The dividend of CBRL decreases each year by -8.25%.
CBRL has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-8.25%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
CBRL pays out 80.31% of its income as dividend. This is not a sustainable payout ratio.
DP80.31%
EPS Next 2Y-4.55%
EPS Next 3Y1.9%
50.36
-0.98 (-1.9%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners105.91%
Inst Owner Change76.14%
Ins Owners0.64%
Ins Owner Change12.08%
Market Cap1.12B
Analysts50.67
Price Target56.25 (11.7%)
Short Float %22.86%
Short Ratio4.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.92% |
Yearly Dividend5.23
Dividend Growth(5Y)-8.25%
DP80.31%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)58.03%
Min EPS beat(2)24.7%
Max EPS beat(2)91.37%
EPS beat(4)3
Avg EPS beat(4)33.14%
Min EPS beat(4)-12.74%
Max EPS beat(4)91.37%
EPS beat(8)5
Avg EPS beat(8)17.28%
EPS beat(12)7
Avg EPS beat(12)10.41%
EPS beat(16)8
Avg EPS beat(16)7.26%
Revenue beat(2)0
Avg Revenue beat(2)-1.84%
Min Revenue beat(2)-2.34%
Max Revenue beat(2)-1.35%
Revenue beat(4)1
Avg Revenue beat(4)-1.42%
Min Revenue beat(4)-2.34%
Max Revenue beat(4)0.26%
Revenue beat(8)1
Avg Revenue beat(8)-1.61%
Revenue beat(12)1
Avg Revenue beat(12)-1.73%
Revenue beat(16)1
Avg Revenue beat(16)-1.87%
PT rev (1m)0%
PT rev (3m)15.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.72%
EPS NY rev (1m)0.35%
EPS NY rev (3m)14.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.01%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.86 | ||
| Fwd PE | 14.78 | ||
| P/S | 0.32 | ||
| P/FCF | 44.75 | ||
| P/OCF | 6.02 | ||
| P/B | 2.39 | ||
| P/tB | 2.52 | ||
| EV/EBITDA | 8.26 |
EPS(TTM)3.39
EY6.73%
EPS(NY)3.41
Fwd EY6.77%
FCF(TTM)1.13
FCFY2.23%
OCF(TTM)8.36
OCFY16.6%
SpS157.61
BVpS21.07
TBVpS19.98
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.7% | ||
| ROE | 12.31% | ||
| ROCE | 4.5% | ||
| ROIC | 3.55% | ||
| ROICexc | 3.57% | ||
| ROICexgc | 3.62% | ||
| OM | 2.2% | ||
| PM (TTM) | 1.65% | ||
| GM | 69% | ||
| FCFM | 0.71% |
ROA(3y)4.04%
ROA(5y)4.29%
ROE(3y)18.52%
ROE(5y)17.23%
ROIC(3y)5.42%
ROIC(5y)4.91%
ROICexc(3y)5.52%
ROICexc(5y)5.18%
ROICexgc(3y)5.6%
ROICexgc(5y)5.26%
ROCE(3y)6.86%
ROCE(5y)6.21%
ROICexcg growth 3Y-19.93%
ROICexcg growth 5Y-29.25%
ROICexc growth 3Y-19.93%
ROICexc growth 5Y-29.45%
OM growth 3Y-26.5%
OM growth 5Y-25.62%
PM growth 3Y-49.25%
PM growth 5Y-30.5%
GM growth 3Y-0.32%
GM growth 5Y-0.3%
F-Score6
Asset Turnover1.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 19.53 | ||
| Debt/EBITDA | 2.49 | ||
| Cap/Depr | 135.01% | ||
| Cap/Sales | 4.59% | ||
| Interest Coverage | 3.91 | ||
| Cash Conversion | 94.76% | ||
| Profit Quality | 43.38% | ||
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.26 | ||
| Altman-Z | 2.38 |
F-Score6
WACC8.3%
ROIC/WACC0.43
Cap/Depr(3y)110.43%
Cap/Depr(5y)129.73%
Cap/Sales(3y)3.46%
Cap/Sales(5y)4.94%
Profit Quality(3y)101.71%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-25.49%
EPS 3Y-10.11%
EPS 5Y-16.6%
EPS Q2Q%-34.09%
EPS Next Y-13.72%
EPS Next 2Y-4.55%
EPS Next 3Y1.9%
EPS Next 5YN/A
Revenue 1Y (TTM)2.84%
Revenue growth 3Y7.15%
Revenue growth 5Y2.47%
Sales Q2Q%0.49%
Revenue Next Year-0.11%
Revenue Next 2Y0.77%
Revenue Next 3Y0.93%
Revenue Next 5YN/A
EBIT growth 1Y-16.05%
EBIT growth 3Y-21.24%
EBIT growth 5Y-23.78%
EBIT Next Year110.13%
EBIT Next 3Y35.94%
EBIT Next 5YN/A
FCF growth 1Y-79.82%
FCF growth 3Y-43.9%
FCF growth 5Y-28.94%
OCF growth 1Y-25.56%
OCF growth 3Y-17.59%
OCF growth 5Y-14.17%