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BIGLARI HOLDINGS INC-A (BH.A) Stock Fundamental Analysis

USA - New York Stock Exchange - NYSE:BH.A - US08986R4083 - Common Stock

2350.5 USD
+7.27 (+0.31%)
Last: 1/16/2026, 12:45:06 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to BH.A. BH.A was compared to 133 industry peers in the Hotels, Restaurants & Leisure industry. While BH.A has a great health rating, there are worries on its profitability. BH.A has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year BH.A was profitable.
  • In the past year BH.A had a positive cash flow from operations.
  • In multiple years BH.A reported negative net income over the last 5 years.
  • BH.A had a positive operating cash flow in each of the past 5 years.
BH.A Yearly Net Income VS EBIT VS OCF VS FCFBH.A Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 0.19%, BH.A is doing worse than 61.65% of the companies in the same industry.
  • BH.A has a Return On Equity of 0.36%. This is comparable to the rest of the industry: BH.A outperforms 52.63% of its industry peers.
  • The Return On Invested Capital of BH.A (2.19%) is worse than 66.17% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for BH.A is significantly below the industry average of 10.34%.
Industry RankSector Rank
ROA 0.19%
ROE 0.36%
ROIC 2.19%
ROA(3y)0.71%
ROA(5y)0.47%
ROE(3y)0.87%
ROE(5y)0.38%
ROIC(3y)4.28%
ROIC(5y)4.07%
BH.A Yearly ROA, ROE, ROICBH.A Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 15

1.3 Margins

  • BH.A has a Profit Margin of 0.54%. This is comparable to the rest of the industry: BH.A outperforms 41.35% of its industry peers.
  • BH.A's Operating Margin of 6.19% is in line compared to the rest of the industry. BH.A outperforms 44.36% of its industry peers.
  • In the last couple of years the Operating Margin of BH.A has grown nicely.
  • BH.A has a worse Gross Margin (38.28%) than 66.17% of its industry peers.
  • BH.A's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 6.19%
PM (TTM) 0.54%
GM 38.28%
OM growth 3Y-13.98%
OM growth 5Y50.65%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.62%
GM growth 5Y13.62%
BH.A Yearly Profit, Operating, Gross MarginsBH.A Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40

8

2. Health

2.1 Basic Checks

  • BH.A 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, BH.A has about the same amount of shares outstanding.
  • BH.A has less shares outstanding than it did 5 years ago.
  • BH.A has a worse debt/assets ratio than last year.
BH.A Yearly Shares OutstandingBH.A Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 500K 1M 1.5M 2M
BH.A Yearly Total Debt VS Total AssetsBH.A Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

  • BH.A has an Altman-Z score of 7.97. This indicates that BH.A is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 7.97, BH.A belongs to the best of the industry, outperforming 93.23% of the companies in the same industry.
  • BH.A has a debt to FCF ratio of 3.77. This is a good value and a sign of high solvency as BH.A would need 3.77 years to pay back of all of its debts.
  • BH.A has a Debt to FCF ratio of 3.77. This is amongst the best in the industry. BH.A outperforms 81.20% of its industry peers.
  • BH.A has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
  • BH.A has a Debt to Equity ratio of 0.48. This is in the better half of the industry: BH.A outperforms 67.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.48
Debt/FCF 3.77
Altman-Z 7.97
ROIC/WACC0.25
WACC8.72%
BH.A Yearly LT Debt VS Equity VS FCFBH.A Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.3 Liquidity

  • A Current Ratio of 2.83 indicates that BH.A has no problem at all paying its short term obligations.
  • The Current ratio of BH.A (2.83) is better than 91.73% of its industry peers.
  • A Quick Ratio of 2.80 indicates that BH.A has no problem at all paying its short term obligations.
  • BH.A has a Quick ratio of 2.80. This is amongst the best in the industry. BH.A outperforms 92.48% of its industry peers.
Industry RankSector Rank
Current Ratio 2.83
Quick Ratio 2.8
BH.A Yearly Current Assets VS Current LiabilitesBH.A Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

0

3. Growth

3.1 Past

  • BH.A shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -94.31%.
  • The Revenue has been growing slightly by 6.87% in the past year.
  • Measured over the past years, BH.A shows a very negative growth in Revenue. The Revenue has been decreasing by -11.55% on average per year.
EPS 1Y (TTM)-94.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-117.77%
Revenue 1Y (TTM)6.87%
Revenue growth 3Y-0.36%
Revenue growth 5Y-11.55%
Sales Q2Q%10.32%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
BH.A Yearly Revenue VS EstimatesBH.A Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
BH.A Yearly EPS VS EstimatesBH.A Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 -2 -4 -6 -8

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 460.88, which means the current valuation is very expensive for BH.A.
  • BH.A's Price/Earnings ratio is a bit more expensive when compared to the industry. BH.A is more expensive than 63.91% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.54. BH.A is valued rather expensively when compared to this.
Industry RankSector Rank
PE 460.88
Fwd PE N/A
BH.A Price Earnings VS Forward Price EarningsBH.A Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, BH.A is valued more expensive than 83.46% of the companies in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as BH.A.
Industry RankSector Rank
P/FCF 66.05
EV/EBITDA 80.88
BH.A Per share dataBH.A EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150 200 250

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

  • No dividends for BH.A!.
Industry RankSector Rank
Dividend Yield 0%

BIGLARI HOLDINGS INC-A

NYSE:BH.A (1/16/2026, 12:45:06 PM)

2350.5

+7.27 (+0.31%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)11-07
Earnings (Next)02-27
Inst Owners93.18%
Inst Owner Change0%
Ins Owners0.4%
Ins Owner ChangeN/A
Market Cap5.36B
Revenue(TTM)386.51M
Net Income(TTM)2.09M
Analysts43.33
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 460.88
Fwd PE N/A
P/S 13.87
P/FCF 66.05
P/OCF 50
P/B 9.24
P/tB 10.63
EV/EBITDA 80.88
EPS(TTM)5.1
EY0.22%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)35.59
FCFY1.51%
OCF(TTM)47.01
OCFY2%
SpS169.52
BVpS254.51
TBVpS221.07
PEG (NY)N/A
PEG (5Y)N/A
Graham Number170.89
Profitability
Industry RankSector Rank
ROA 0.19%
ROE 0.36%
ROCE 2.55%
ROIC 2.19%
ROICexc 3.61%
ROICexgc 4.17%
OM 6.19%
PM (TTM) 0.54%
GM 38.28%
FCFM 20.99%
ROA(3y)0.71%
ROA(5y)0.47%
ROE(3y)0.87%
ROE(5y)0.38%
ROIC(3y)4.28%
ROIC(5y)4.07%
ROICexc(3y)5.11%
ROICexc(5y)4.86%
ROICexgc(3y)5.84%
ROICexgc(5y)5.56%
ROCE(3y)5.05%
ROCE(5y)4.78%
ROICexgc growth 3Y-14.08%
ROICexgc growth 5Y44.59%
ROICexc growth 3Y-14.03%
ROICexc growth 5Y43.14%
OM growth 3Y-13.98%
OM growth 5Y50.65%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.62%
GM growth 5Y13.62%
F-Score4
Asset Turnover0.36
Health
Industry RankSector Rank
Debt/Equity 0.48
Debt/FCF 3.77
Debt/EBITDA 4.35
Cap/Depr 64.86%
Cap/Sales 6.74%
Interest Coverage 250
Cash Conversion 167.28%
Profit Quality 3878.39%
Current Ratio 2.83
Quick Ratio 2.8
Altman-Z 7.97
F-Score4
WACC8.72%
ROIC/WACC0.25
Cap/Depr(3y)72.81%
Cap/Depr(5y)99.4%
Cap/Sales(3y)7.64%
Cap/Sales(5y)9.06%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-94.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-117.77%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.87%
Revenue growth 3Y-0.36%
Revenue growth 5Y-11.55%
Sales Q2Q%10.32%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-1.66%
EBIT growth 3Y-14.29%
EBIT growth 5Y33.25%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y51.75%
FCF growth 3Y-51.22%
FCF growth 5Y-24.16%
OCF growth 1Y39.79%
OCF growth 3Y-39.9%
OCF growth 5Y-11.92%

BIGLARI HOLDINGS INC-A / BH.A FAQ

What is the ChartMill fundamental rating of BIGLARI HOLDINGS INC-A (BH.A) stock?

ChartMill assigns a fundamental rating of 3 / 10 to BH.A.


What is the valuation status for BH.A stock?

ChartMill assigns a valuation rating of 1 / 10 to BIGLARI HOLDINGS INC-A (BH.A). This can be considered as Overvalued.


How profitable is BIGLARI HOLDINGS INC-A (BH.A) stock?

BIGLARI HOLDINGS INC-A (BH.A) has a profitability rating of 3 / 10.


What is the financial health of BIGLARI HOLDINGS INC-A (BH.A) stock?

The financial health rating of BIGLARI HOLDINGS INC-A (BH.A) is 8 / 10.