BJ'S RESTAURANTS INC (BJRI)
US09180C1062 - Common Stock
Taking everything into account, BJRI scores 3 out of 10 in our fundamental rating. BJRI was compared to 133 industry peers in the Hotels, Restaurants & Leisure industry. While BJRI seems to be doing ok healthwise, there are quite some concerns on its profitability. BJRI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
BJRI had positive earnings in the past year.
BJRI had a positive operating cash flow in the past year.
In multiple years BJRI reported negative net income over the last 5 years.
Each year in the past 5 years BJRI had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.88%, BJRI perfoms like the industry average, outperforming 56.15% of the companies in the same industry.
BJRI has a better Return On Equity (7.98%) than 63.85% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.64%, BJRI is doing worse than 68.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.88% | ||
| ROE | 7.98% | ||
| ROIC | 2.64% |
ROA(3y)0.63%
ROA(5y)0.13%
ROE(3y)1.83%
ROE(5y)0.27%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BJRI has a Profit Margin (2.24%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of BJRI has declined.
The Operating Margin of BJRI (2.14%) is worse than 70.00% of its industry peers.
BJRI's Operating Margin has declined in the last couple of years.
BJRI has a worse Gross Margin (37.59%) than 67.69% of its industry peers.
BJRI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.14% | ||
| PM (TTM) | 2.24% | ||
| GM | 37.59% |
OM growth 3YN/A
OM growth 5Y-21.52%
PM growth 3YN/A
PM growth 5Y-20.17%
GM growth 3Y1.42%
GM growth 5Y-0.91%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BJRI is destroying value.
BJRI has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, BJRI has more shares outstanding
BJRI has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.40 indicates that BJRI is not a great score, but indicates only limited risk for bankruptcy at the moment.
BJRI has a Altman-Z score of 2.40. This is in the better half of the industry: BJRI outperforms 67.69% of its industry peers.
BJRI has a debt to FCF ratio of 2.76. This is a good value and a sign of high solvency as BJRI would need 2.76 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 2.76, BJRI belongs to the best of the industry, outperforming 80.77% of the companies in the same industry.
A Debt/Equity ratio of 0.18 indicates that BJRI is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.18, BJRI is in the better half of the industry, outperforming 79.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 2.76 | ||
| Altman-Z | 2.4 |
ROIC/WACC0.3
WACC8.91%
2.3 Liquidity
BJRI has a Current Ratio of 0.35. This is a bad value and indicates that BJRI is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.35, BJRI is doing worse than 84.62% of the companies in the same industry.
BJRI has a Quick Ratio of 0.35. This is a bad value and indicates that BJRI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.28, BJRI is not doing good in the industry: 86.15% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.35 | ||
| Quick Ratio | 0.28 |
3. Growth
3.1 Past
BJRI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 123.21%, which is quite impressive.
Measured over the past years, BJRI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -18.65% on average per year.
The Revenue has decreased by -1.27% in the past year.
BJRI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.60% yearly.
EPS 1Y (TTM)123.21%
EPS 3YN/A
EPS 5Y-18.65%
EPS Q2Q%18.75%
Revenue 1Y (TTM)-1.27%
Revenue growth 3Y19.64%
Revenue growth 5Y3.6%
Sales Q2Q%2.22%
3.2 Future
BJRI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.97% yearly.
The Revenue is expected to grow by 3.86% on average over the next years.
EPS Next Y54.37%
EPS Next 2Y34.69%
EPS Next 3Y26.11%
EPS Next 5Y18.97%
Revenue Next Year0.73%
Revenue Next 2Y1.99%
Revenue Next 3Y2.52%
Revenue Next 5Y3.86%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 29.32, which means the current valuation is very expensive for BJRI.
BJRI's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.40. BJRI is around the same levels.
BJRI is valuated rather expensively with a Price/Forward Earnings ratio of 24.34.
BJRI's Price/Forward Earnings is on the same level as the industry average.
BJRI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.67, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.32 | ||
| Fwd PE | 24.34 |
4.2 Price Multiples
BJRI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BJRI is cheaper than 74.62% of the companies in the same industry.
BJRI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.65 | ||
| EV/EBITDA | 8.79 |
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 26.11% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.54
PEG (5Y)N/A
EPS Next 2Y34.69%
EPS Next 3Y26.11%
5. Dividend
5.1 Amount
No dividends for BJRI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BJ'S RESTAURANTS INC
NASDAQ:BJRI (1/6/2025, 5:20:00 PM)
After market: 36.29 -0.36 (-0.98%)36.65
-0.02 (-0.05%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners101.19%
Inst Owner Change0%
Ins Owners1.7%
Ins Owner Change1.71%
Market Cap836.35M
Analysts73.75
Price Target39.91 (8.89%)
Short Float %7.33%
Short Ratio5.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DP0.14%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-333.11%
Min EPS beat(2)-704.03%
Max EPS beat(2)37.81%
EPS beat(4)3
Avg EPS beat(4)-140.85%
Min EPS beat(4)-704.03%
Max EPS beat(4)83.9%
EPS beat(8)6
Avg EPS beat(8)-295.84%
EPS beat(12)8
Avg EPS beat(12)-248.45%
EPS beat(16)10
Avg EPS beat(16)-192.92%
Revenue beat(2)0
Avg Revenue beat(2)-1.82%
Min Revenue beat(2)-1.83%
Max Revenue beat(2)-1.81%
Revenue beat(4)0
Avg Revenue beat(4)-2.2%
Min Revenue beat(4)-3.73%
Max Revenue beat(4)-1.4%
Revenue beat(8)1
Avg Revenue beat(8)-2.03%
Revenue beat(12)2
Avg Revenue beat(12)-1.91%
Revenue beat(16)3
Avg Revenue beat(16)-1.63%
PT rev (1m)0%
PT rev (3m)-1.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.99%
EPS NY rev (1m)-3%
EPS NY rev (3m)-12.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.05%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)0.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.32 | ||
| Fwd PE | 24.34 | ||
| P/S | 0.63 | ||
| P/FCF | 34.65 | ||
| P/OCF | 8.19 | ||
| P/B | 2.22 | ||
| P/tB | 2.25 | ||
| EV/EBITDA | 8.79 |
EPS(TTM)1.25
EY3.41%
EPS(NY)1.51
Fwd EY4.11%
FCF(TTM)1.06
FCFY2.89%
OCF(TTM)4.47
OCFY12.21%
SpS58.57
BVpS16.48
TBVpS16.28
PEG (NY)0.54
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.88% | ||
| ROE | 7.98% | ||
| ROCE | 3.34% | ||
| ROIC | 2.64% | ||
| ROICexc | 2.69% | ||
| ROICexgc | 2.71% | ||
| OM | 2.14% | ||
| PM (TTM) | 2.24% | ||
| GM | 37.59% | ||
| FCFM | 1.81% |
ROA(3y)0.63%
ROA(5y)0.13%
ROE(3y)1.83%
ROE(5y)0.27%
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-26.14%
ROICexc growth 3YN/A
ROICexc growth 5Y-26.08%
OM growth 3YN/A
OM growth 5Y-21.52%
PM growth 3YN/A
PM growth 5Y-20.17%
GM growth 3Y1.42%
GM growth 5Y-0.91%
F-Score7
Asset Turnover1.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 2.76 | ||
| Debt/EBITDA | 0.66 | ||
| Cap/Depr | 108.22% | ||
| Cap/Sales | 5.83% | ||
| Interest Coverage | 6.12 | ||
| Cash Conversion | 101.4% | ||
| Profit Quality | 80.45% | ||
| Current Ratio | 0.35 | ||
| Quick Ratio | 0.28 | ||
| Altman-Z | 2.4 |
F-Score7
WACC8.91%
ROIC/WACC0.3
Cap/Depr(3y)102.98%
Cap/Depr(5y)96.47%
Cap/Sales(3y)5.81%
Cap/Sales(5y)6.01%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)123.21%
EPS 3YN/A
EPS 5Y-18.65%
EPS Q2Q%18.75%
EPS Next Y54.37%
EPS Next 2Y34.69%
EPS Next 3Y26.11%
EPS Next 5Y18.97%
Revenue 1Y (TTM)-1.27%
Revenue growth 3Y19.64%
Revenue growth 5Y3.6%
Sales Q2Q%2.22%
Revenue Next Year0.73%
Revenue Next 2Y1.99%
Revenue Next 3Y2.52%
Revenue Next 5Y3.86%
EBIT growth 1Y35.78%
EBIT growth 3YN/A
EBIT growth 5Y-18.7%
EBIT Next Year527.46%
EBIT Next 3Y92.3%
EBIT Next 5Y62.91%
FCF growth 1Y249.92%
FCF growth 3YN/A
FCF growth 5Y-37.38%
OCF growth 1Y96.68%
OCF growth 3Y37.74%
OCF growth 5Y-4.45%