CRACKER BARREL OLD COUNTRY (CBRL)
US22410J1060 - Common Stock
CBRL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 135 industry peers in the Hotels, Restaurants & Leisure industry. CBRL has only an average score on both its financial health and profitability. 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
CBRL had positive earnings in the past year.
In the past year CBRL had a positive cash flow from operations.
Of the past 5 years CBRL 4 years were profitable.
CBRL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 3.82%, CBRL perfoms like the industry average, outperforming 56.72% of the companies in the same industry.
Looking at the Return On Equity, with a value of 18.07%, CBRL is in the better half of the industry, outperforming 72.39% of the companies in the same industry.
CBRL has a Return On Invested Capital (5.23%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for CBRL is below the industry average of 10.18%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.82% | ||
| ROE | 18.07% | ||
| ROIC | 5.23% |
ROA(3y)6.95%
ROA(5y)6.74%
ROE(3y)28.21%
ROE(5y)22.76%
ROIC(3y)6.33%
ROIC(5y)7.99%
1.3 Margins
CBRL's Profit Margin of 2.44% is in line compared to the rest of the industry. CBRL outperforms 42.54% of its industry peers.
CBRL's Profit Margin has declined in the last couple of years.
The Operating Margin of CBRL (3.33%) is worse than 67.16% of its industry peers.
In the last couple of years the Operating Margin of CBRL has declined.
Looking at the Gross Margin, with a value of 68.21%, CBRL belongs to the top of the industry, outperforming 80.60% of the companies in the same industry.
In the last couple of years the Gross Margin of CBRL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.33% | ||
| PM (TTM) | 2.44% | ||
| GM | 68.21% |
OM growth 3Y19.78%
OM growth 5Y-16.6%
PM growth 3YN/A
PM growth 5Y-18.83%
GM growth 3Y-0.89%
GM growth 5Y-0.55%
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.
Compared to 1 year ago, CBRL has less shares outstanding
Compared to 5 years ago, CBRL has less shares outstanding
Compared to 1 year ago, CBRL has a worse debt to assets ratio.
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.
With a decent Altman-Z score value of 2.38, CBRL is doing good in the industry, outperforming 75.37% of the companies in the same industry.
The Debt to FCF ratio of CBRL is 5.51, which is a neutral value as it means it would take CBRL, 5.51 years of fcf income to pay off all of its debts.
CBRL has a better Debt to FCF ratio (5.51) than 73.13% of its industry peers.
CBRL has a Debt/Equity ratio of 0.98. This is a neutral value indicating CBRL is somewhat dependend on debt financing.
CBRL has a Debt to Equity ratio of 0.98. This is in the better half of the industry: CBRL outperforms 64.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | 5.51 | ||
| Altman-Z | 2.38 |
ROIC/WACC0.65
WACC8.1%
2.3 Liquidity
A Current Ratio of 0.58 indicates that CBRL may have some problems paying its short term obligations.
CBRL has a Current ratio of 0.58. This is in the lower half of the industry: CBRL underperforms 73.13% of its industry peers.
CBRL has a Quick Ratio of 0.58. This is a bad value and indicates that CBRL is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.21, CBRL is not doing good in the industry: 95.52% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
CBRL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.44%.
CBRL shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.07% yearly.
The Revenue has been growing slightly by 1.02% in the past year.
Measured over the past years, CBRL shows a small growth in Revenue. The Revenue has been growing by 2.58% on average per year.
EPS 1Y (TTM)-8.44%
EPS 3Y44.05%
EPS 5Y-10.07%
EPS growth Q2Q-7.43%
Revenue 1Y (TTM)1.02%
Revenue growth 3Y10.92%
Revenue growth 5Y2.58%
Revenue growth Q2Q0.16%
3.2 Future
Based on estimates for the next years, CBRL will show a decrease in Earnings Per Share. The EPS will decrease by -2.27% on average per year.
CBRL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.67% yearly.
EPS Next Y-14.25%
EPS Next 2Y-2.82%
EPS Next 3Y-2.27%
EPS Next 5YN/A
Revenue Next Year1.79%
Revenue Next 2Y1.28%
Revenue Next 3Y1.67%
Revenue Next 5YN/A
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
CBRL is valuated reasonably with a Price/Earnings ratio of 11.56.
Based on the Price/Earnings ratio, CBRL is valued cheaper than 87.31% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 24.67. CBRL is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 10.92, the valuation of CBRL can be described as very reasonable.
Based on the Price/Forward Earnings ratio, CBRL is valued cheaper than 88.06% of the companies in the same industry.
CBRL is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.02, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.56 | ||
| Fwd PE | 10.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CBRL is valued a bit cheaper than the industry average as 77.61% of the companies are valued more expensively.
76.87% of the companies in the same industry are more expensive than CBRL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.27 | ||
| EV/EBITDA | 7.77 |
4.3 Compensation for Growth
CBRL's earnings are expected to decrease with -2.27% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.82%
EPS Next 3Y-2.27%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.57%, CBRL is a good candidate for dividend investing.
In the last 3 months the price of CBRL has falen by -29.29%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
CBRL's Dividend Yield is rather good when compared to the industry average which is at 2.56. CBRL pays more dividend than 100.00% of the companies in the same industry.
CBRL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.57% |
5.2 History
The dividend of CBRL decreases each year by -9.54%.
CBRL has paid a dividend for at least 10 years, which is a reliable track record.
CBRL has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-9.54%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
138.86% of the earnings are spent on dividend by CBRL. This is not a sustainable payout ratio.
The Dividend Rate of CBRL has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP138.86%
EPS Next 2Y-2.82%
EPS Next 3Y-2.27%
CRACKER BARREL OLD COUNTRY
NASDAQ:CBRL (5/1/2024, 2:52:09 PM)
56.41
-1.78 (-3.06%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.25B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.57% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.56 | ||
| Fwd PE | 10.92 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.82% | ||
| ROE | 18.07% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 3.33% | ||
| PM (TTM) | 2.44% | ||
| GM | 68.21% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.21 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-8.44%
EPS 3Y44.05%
EPS 5Y
EPS growth Q2Q
EPS Next Y-14.25%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.02%
Revenue growth 3Y10.92%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y