BJ'S RESTAURANTS INC (BJRI)
US09180C1062 - Common Stock
We assign a fundamental rating of 4 out of 10 to BJRI. BJRI was compared to 135 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 has a decent growth rate and is not valued too expensively.
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.
In the past 5 years BJRI always reported a positive cash flow from operatings.
1.2 Ratios
BJRI has a Return On Assets of 2.88%. This is comparable to the rest of the industry: BJRI outperforms 57.46% of its industry peers.
BJRI has a better Return On Equity (7.98%) than 66.42% of its industry peers.
BJRI has a worse Return On Invested Capital (2.64%) than 67.16% of its industry peers.
| 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 in line with its industry peers.
In the last couple of years the Profit Margin of BJRI has declined.
BJRI has a worse Operating Margin (2.14%) than 68.66% of its industry peers.
In the last couple of years the Operating Margin of BJRI has declined.
The Gross Margin of BJRI (37.59%) is worse than 67.16% 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
The debt/assets ratio for BJRI is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.37 indicates that BJRI is not a great score, but indicates only limited risk for bankruptcy at the moment.
BJRI's Altman-Z score of 2.37 is fine compared to the rest of the industry. BJRI outperforms 67.91% 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.
BJRI's Debt to FCF ratio of 2.76 is amongst the best of the industry. BJRI outperforms 81.34% of its industry peers.
A Debt/Equity ratio of 0.18 indicates that BJRI is not too dependend on debt financing.
BJRI's Debt to Equity ratio of 0.18 is fine compared to the rest of the industry. BJRI outperforms 78.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 2.76 | ||
| Altman-Z | 2.37 |
ROIC/WACC0.3
WACC8.73%
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.
The Current ratio of BJRI (0.35) is worse than 85.82% of its industry peers.
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.
BJRI's Quick ratio of 0.28 is on the low side compared to the rest of the industry. BJRI is outperformed by 86.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.35 | ||
| Quick Ratio | 0.28 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 123.21% over the past year.
The earnings per share for BJRI have been decreasing by -18.65% on average. This is quite bad
BJRI shows a decrease in Revenue. In the last year, the revenue decreased by -1.27%.
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 a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.71% yearly.
BJRI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.86% yearly.
EPS Next Y59.14%
EPS Next 2Y35.92%
EPS Next 3Y26.71%
EPS Next 5YN/A
Revenue Next Year0.66%
Revenue Next 2Y1.99%
Revenue Next 3Y2.55%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 28.27, which means the current valuation is very expensive for BJRI.
The rest of the industry has a similar Price/Earnings ratio as BJRI.
The average S&P500 Price/Earnings ratio is at 29.29. BJRI is around the same levels.
BJRI is valuated rather expensively with a Price/Forward Earnings ratio of 23.05.
BJRI's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 24.01. BJRI is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.27 | ||
| Fwd PE | 23.05 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BJRI indicates a somewhat cheap valuation: BJRI is cheaper than 76.12% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BJRI indicates a somewhat cheap valuation: BJRI is cheaper than 61.94% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.41 | ||
| EV/EBITDA | 8.49 |
4.3 Compensation for Growth
BJRI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as BJRI's earnings are expected to grow with 26.71% in the coming years.
PEG (NY)0.48
PEG (5Y)N/A
EPS Next 2Y35.92%
EPS Next 3Y26.71%
5. Dividend
5.1 Amount
No dividends for BJRI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BJ'S RESTAURANTS INC
NASDAQ:BJRI (11/22/2024, 8:26:09 PM)
After market: 35.34 0 (0%)35.34
+0.82 (+2.38%)
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 Cap806.46M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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 | 28.27 | ||
| Fwd PE | 23.05 | ||
| 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)0.48
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.88% | ||
| ROE | 7.98% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 2.14% | ||
| PM (TTM) | 2.24% | ||
| GM | 37.59% | ||
| 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 Turnover1.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.35 | ||
| Quick Ratio | 0.28 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)123.21%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y59.14%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-1.27%
Revenue growth 3Y19.64%
Revenue growth 5Y
Sales 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