BJ'S RESTAURANTS INC (BJRI) Stock Fundamental Analysis
USA - NASDAQ:BJRI - US09180C1062 - Common Stock
31.19 USD
-0.99 (-3.08%)
31.19 USD
0 (0%)
Overall BJRI gets a fundamental rating of 4 out of 10. We evaluated BJRI against 135 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.
Each year in the past 5 years BJRI had a positive operating cash flow.
1.2 Ratios
BJRI's Return On Assets of 2.68% is in line compared to the rest of the industry. BJRI outperforms 50.37% of its industry peers.
Looking at the Return On Equity, with a value of 7.12%, BJRI is in the better half of the industry, outperforming 62.96% of the companies in the same industry.
The Return On Invested Capital of BJRI (4.24%) 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
BJRI's Profit Margin of 1.99% is in line compared to the rest of the industry. BJRI outperforms 41.48% of its industry peers.
In the last couple of years the Profit Margin of BJRI has declined.
BJRI has a worse Operating Margin (3.24%) than 68.89% of its industry peers.
BJRI's Operating Margin has declined in the last couple of years.
The Gross Margin of BJRI (38.38%) is worse than 65.19% of its industry peers.
BJRI's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BJRI is destroying value.
Compared to 1 year ago, BJRI has less shares outstanding
The number of shares outstanding for BJRI has been increased compared to 5 years ago.
Compared to 1 year ago, BJRI has an improved debt to assets ratio.
2.2 Solvency
BJRI has an Altman-Z score of 2.43. This is not the best score and indicates that BJRI is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.43, BJRI is doing good in the industry, outperforming 65.93% of the companies in the same industry.
BJRI has a debt to FCF ratio of 1.14. This is a very positive value and a sign of high solvency as it would only need 1.14 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 1.14, BJRI belongs to the best of the industry, outperforming 89.63% 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 76.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.14 | ||
| Altman-Z | 2.43 |
ROIC/WACC0.5
WACC8.4%
2.3 Liquidity
A Current Ratio of 0.38 indicates that BJRI may have some problems paying its short term obligations.
BJRI has a Current ratio of 0.38. This is amonst the worse of the industry: BJRI underperforms 82.96% of its industry peers.
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.
BJRI has a worse Quick ratio (0.32) than 82.22% of its industry peers.
| 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.
Measured over the past years, BJRI shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.78% on average per year.
BJRI shows a small growth in Revenue. In the last year, the Revenue has grown by 4.07%.
BJRI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.16% yearly.
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
BJRI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.31% yearly.
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 Y61.74%
EPS Next 2Y32.54%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 16.42, BJRI is valued correctly.
Based on the Price/Earnings ratio, BJRI is valued a bit cheaper than 75.56% of the companies in the same industry.
BJRI is valuated rather cheaply when we compare the Price/Earnings ratio to 27.29, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 12.87 indicates a correct valuation of BJRI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BJRI indicates a somewhat cheap valuation: BJRI is cheaper than 76.30% of the companies listed in the same industry.
BJRI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.42 | ||
| Fwd PE | 12.87 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BJRI is valued cheaper than 88.15% of the companies in the same industry.
BJRI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BJRI is cheaper than 86.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.96 | ||
| EV/EBITDA | 6.11 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
BJRI's earnings are expected to grow with 24.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.27
PEG (5Y)N/A
EPS Next 2Y32.54%
EPS Next 3Y24.31%
5. Dividend
5.1 Amount
BJRI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
31.19
-0.99 (-3.08%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners103.58%
Inst Owner Change-0.02%
Ins Owners1.35%
Ins Owner Change-18.14%
Market Cap689.92M
Analysts72.86
Price Target43.18 (38.44%)
Short Float %9.57%
Short Ratio3.36
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)6.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-57.05%
EPS NY rev (1m)-0.51%
EPS NY rev (3m)9.61%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.42 | ||
| Fwd PE | 12.87 | ||
| P/S | 0.5 | ||
| P/FCF | 12.96 | ||
| P/OCF | 5.48 | ||
| P/B | 1.78 | ||
| P/tB | 1.81 | ||
| EV/EBITDA | 6.11 |
EPS(TTM)1.9
EY6.09%
EPS(NY)2.42
Fwd EY7.77%
FCF(TTM)2.41
FCFY7.72%
OCF(TTM)5.69
OCFY18.24%
SpS62.55
BVpS17.48
TBVpS17.26
PEG (NY)0.27
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
WACC8.4%
ROIC/WACC0.5
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 Y61.74%
EPS Next 2Y32.54%
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 Year379.42%
EBIT Next 3Y73.29%
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%