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

USA • New York Stock Exchange • NYSE:BH.A • US08986R4083

1968.82 USD

+29.78 (+1.54%)

Last: Jan 30, 2026, 10:30 PM

Fundamental Rating

Taking everything into account, BH.A scores 3 out of 10 in our fundamental rating. BH.A was compared to 132 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.

Quickly go to:

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.
Each year in the past 5 years BH.A had a positive operating cash flow.

1.2 Ratios

Looking at the Return On Assets, with a value of 0.19%, BH.A is doing worse than 61.36% of the companies in the same industry.
BH.A has a Return On Equity (0.36%) which is comparable to the rest of the industry.
The Return On Invested Capital of BH.A (2.19%) is worse than 65.91% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BH.A is significantly below the industry average of 10.38%.

		Industry Rank	Sector 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%

1.3 Margins

BH.A has a Profit Margin (0.54%) which is in line with its industry peers.
Looking at the Operating Margin, with a value of 6.19%, BH.A is in line with its industry, outperforming 44.70% of the companies in the same industry.
In the last couple of years the Operating Margin of BH.A has grown nicely.
BH.A has a Gross Margin of 38.28%. This is in the lower half of the industry: BH.A underperforms 65.91% of its industry peers.
BH.A's Gross Margin has improved in the last couple of years.

		Industry Rank	Sector 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%

More info and screens

ROA

ROE

ROIC

Operating and Profit Margin

Show most profitable peers

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BH.A is destroying value.
Compared to 1 year ago, BH.A has about the same amount of shares outstanding.
The number of shares outstanding for BH.A has been reduced compared to 5 years ago.
BH.A has a worse debt/assets ratio than last year.

2.2 Solvency

BH.A has an Altman-Z score of 6.95. This indicates that BH.A is financially healthy and has little risk of bankruptcy at the moment.
BH.A's Altman-Z score of 6.95 is amongst the best of the industry. BH.A outperforms 91.67% of its industry peers.
The Debt to FCF ratio of BH.A is 3.77, which is a good value as it means it would take BH.A, 3.77 years of fcf income to pay off all of its debts.
BH.A's Debt to FCF ratio of 3.77 is amongst the best of the industry. BH.A outperforms 81.06% of its industry peers.
A Debt/Equity ratio of 0.48 indicates that BH.A is not too dependend on debt financing.
BH.A has a better Debt to Equity ratio (0.48) than 67.42% of its industry peers.

		Industry Rank	Sector Rank
Debt/Equity	0.48
Debt/FCF	3.77
Altman-Z	6.95

ROIC/WACC0.25

WACC8.81%

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 91.67% of its industry peers.
BH.A has a Quick Ratio of 2.80. This indicates that BH.A is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.80, BH.A belongs to the top of the industry, outperforming 92.42% of the companies in the same industry.

		Industry Rank	Sector Rank
Current Ratio	2.83
Quick Ratio	2.8

More info and screens

WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

The earnings per share for BH.A have decreased strongly by -94.31% in the last year.
Looking at the last year, BH.A shows a small growth in Revenue. The Revenue has grown by 6.87% in the last year.
BH.A shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -11.55% yearly.

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.

More info and screens

Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 386.04, the valuation of BH.A can be described as expensive.
63.64% of the companies in the same industry are cheaper than BH.A, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 28.32. BH.A is valued rather expensively when compared to this.

		Industry Rank	Sector Rank
PE	386.04
Fwd PE	N/A

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BH.A indicates a rather expensive valuation: BH.A more expensive than 83.33% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BH.A is on the same level as its industry peers.