CRACKER BARREL OLD COUNTRY (CBRL) Stock Fundamental Analysis
USA - NASDAQ:CBRL - US22410J1060 - Common Stock
27.49 USD
-1.4 (-4.85%)
27.65 USD
+0.16 (+0.58%)
CBRL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 132 industry peers in the Hotels, Restaurants & Leisure industry. While CBRL is still in line with the averages on profitability rating, there are concerns on its financial health. CBRL has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
CBRL had positive earnings in the past year.
CBRL had a positive operating cash flow in the past year.
CBRL had positive earnings in each of the past 5 years.
Each year in the past 5 years CBRL had a positive operating cash flow.
1.2 Ratios
CBRL's Return On Assets of 2.15% is in line compared to the rest of the industry. CBRL outperforms 48.48% of its industry peers.
CBRL has a better Return On Equity (10.05%) than 68.18% of its industry peers.
CBRL has a Return On Invested Capital of 3.86%. This is comparable to the rest of the industry: CBRL outperforms 40.91% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CBRL is significantly below the industry average of 10.59%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.15% | ||
| ROE | 10.05% | ||
| ROIC | 3.86% |
ROA(3y)2.83%
ROA(5y)4.98%
ROE(3y)13.27%
ROE(5y)20.79%
ROIC(3y)4.46%
ROIC(5y)5.25%
1.3 Margins
CBRL has a Profit Margin of 1.33%. This is comparable to the rest of the industry: CBRL outperforms 41.67% of its industry peers.
CBRL's Profit Margin has declined in the last couple of years.
CBRL's Operating Margin of 2.16% is on the low side compared to the rest of the industry. CBRL is outperformed by 73.48% of its industry peers.
In the last couple of years the Operating Margin of CBRL has remained more or less at the same level.
CBRL has a Gross Margin of 68.97%. This is amongst the best in the industry. CBRL outperforms 84.85% of its industry peers.
CBRL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.16% | ||
| PM (TTM) | 1.33% | ||
| GM | 68.97% |
OM growth 3Y-22.79%
OM growth 5Y-1.08%
PM growth 3Y-30.9%
PM growth 5YN/A
GM growth 3Y0.54%
GM growth 5Y-0.03%
2. Health
2.1 Basic Checks
CBRL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for CBRL has been increased compared to 1 year ago.
Compared to 5 years ago, CBRL has less shares outstanding
Compared to 1 year ago, CBRL has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.06 indicates that CBRL is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of CBRL (2.06) is comparable to the rest of the industry.
The Debt to FCF ratio of CBRL is 8.11, which is on the high side as it means it would take CBRL, 8.11 years of fcf income to pay off all of its debts.
CBRL's Debt to FCF ratio of 8.11 is fine compared to the rest of the industry. CBRL outperforms 66.67% of its industry peers.
A Debt/Equity ratio of 0.73 indicates that CBRL is somewhat dependend on debt financing.
CBRL has a Debt to Equity ratio of 0.73. This is in the better half of the industry: CBRL outperforms 64.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 8.11 | ||
| Altman-Z | 2.06 |
ROIC/WACC0.55
WACC7.04%
2.3 Liquidity
A Current Ratio of 0.50 indicates that CBRL may have some problems paying its short term obligations.
The Current ratio of CBRL (0.50) is worse than 75.00% of its industry peers.
A Quick Ratio of 0.21 indicates that CBRL may have some problems paying its short term obligations.
With a Quick ratio value of 0.21, CBRL is not doing good in the industry: 91.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.5 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
The earnings per share for CBRL have decreased strongly by -15.78% in the last year.
CBRL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.47% yearly.
CBRL shows a small growth in Revenue. In the last year, the Revenue has grown by 0.37%.
The Revenue has been growing slightly by 6.67% on average over the past years.
EPS 1Y (TTM)-15.78%
EPS 3Y-19.73%
EPS 5Y11.47%
EPS Q2Q%-24.49%
Revenue 1Y (TTM)0.37%
Revenue growth 3Y2.16%
Revenue growth 5Y6.67%
Sales Q2Q%-2.95%
3.2 Future
Based on estimates for the next years, CBRL will show a decrease in Earnings Per Share. The EPS will decrease by -4.57% on average per year.
CBRL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.07% yearly.
EPS Next Y-70.09%
EPS Next 2Y-9.78%
EPS Next 3Y-4.57%
EPS Next 5YN/A
Revenue Next Year-2.15%
Revenue Next 2Y0.42%
Revenue Next 3Y1.07%
Revenue Next 5YN/A
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 decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.73 indicates a reasonable valuation of CBRL.
91.67% of the companies in the same industry are more expensive than CBRL, based on the Price/Earnings ratio.
CBRL is valuated cheaply when we compare the Price/Earnings ratio to 25.56, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 29.18, which means the current valuation is very expensive for CBRL.
CBRL's Price/Forward Earnings ratio is in line with the industry average.
CBRL is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 34.62, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.73 | ||
| Fwd PE | 29.18 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CBRL is valued cheaper than 91.67% of the companies in the same industry.
91.67% of the companies in the same industry are more expensive than CBRL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.25 | ||
| EV/EBITDA | 5.36 |
4.3 Compensation for Growth
CBRL's earnings are expected to decrease with -4.57% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.76
EPS Next 2Y-9.78%
EPS Next 3Y-4.57%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.30%, CBRL has a reasonable but not impressive dividend return.
In the last 3 months the price of CBRL has falen by -49.47%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 4.57, CBRL pays a better dividend. On top of this CBRL pays more dividend than 84.85% of the companies listed in the same industry.
CBRL's Dividend Yield is a higher than the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.3% |
5.2 History
The dividend of CBRL decreases each year by -23.48%.
CBRL has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-23.48%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
49.80% of the earnings are spent on dividend by CBRL. This is a bit on the high side, but may be sustainable.
CBRL's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP49.8%
EPS Next 2Y-9.78%
EPS Next 3Y-4.57%
27.49
-1.4 (-4.85%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners116.96%
Inst Owner Change-5.34%
Ins Owners0.62%
Ins Owner Change1.37%
Market Cap612.20M
Revenue(TTM)3.48B
Net Income(TTM)46.38M
Analysts50.67
Price Target47.3 (72.06%)
Short Float %24.28%
Short Ratio3.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.3% |
Yearly Dividend1.04
Dividend Growth(5Y)-23.48%
DP49.8%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)41.2%
Min EPS beat(2)-8.97%
Max EPS beat(2)91.37%
EPS beat(4)3
Avg EPS beat(4)34.09%
Min EPS beat(4)-8.97%
Max EPS beat(4)91.37%
EPS beat(8)4
Avg EPS beat(8)15.03%
EPS beat(12)6
Avg EPS beat(12)8.7%
EPS beat(16)8
Avg EPS beat(16)7.03%
Revenue beat(2)0
Avg Revenue beat(2)-1.39%
Min Revenue beat(2)-2.34%
Max Revenue beat(2)-0.44%
Revenue beat(4)1
Avg Revenue beat(4)-0.97%
Min Revenue beat(4)-2.34%
Max Revenue beat(4)0.26%
Revenue beat(8)1
Avg Revenue beat(8)-1.33%
Revenue beat(12)1
Avg Revenue beat(12)-1.54%
Revenue beat(16)1
Avg Revenue beat(16)-1.69%
PT rev (1m)-1.33%
PT rev (3m)-15.9%
EPS NQ rev (1m)-5.57%
EPS NQ rev (3m)-248.57%
EPS NY rev (1m)-32.71%
EPS NY rev (3m)-72.44%
Revenue NQ rev (1m)-0.33%
Revenue NQ rev (3m)-5.27%
Revenue NY rev (1m)-0.26%
Revenue NY rev (3m)-3.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.73 | ||
| Fwd PE | 29.18 | ||
| P/S | 0.18 | ||
| P/FCF | 10.25 | ||
| P/OCF | 2.8 | ||
| P/B | 1.33 | ||
| P/tB | 1.4 | ||
| EV/EBITDA | 5.36 |
EPS(TTM)3.15
EY11.46%
EPS(NY)0.94
Fwd EY3.43%
FCF(TTM)2.68
FCFY9.76%
OCF(TTM)9.83
OCFY35.76%
SpS156.43
BVpS20.73
TBVpS19.64
PEG (NY)N/A
PEG (5Y)0.76
Graham Number38.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.15% | ||
| ROE | 10.05% | ||
| ROCE | 4.89% | ||
| ROIC | 3.86% | ||
| ROICexc | 3.96% | ||
| ROICexgc | 4.03% | ||
| OM | 2.16% | ||
| PM (TTM) | 1.33% | ||
| GM | 68.97% | ||
| FCFM | 1.72% |
ROA(3y)2.83%
ROA(5y)4.98%
ROE(3y)13.27%
ROE(5y)20.79%
ROIC(3y)4.46%
ROIC(5y)5.25%
ROICexc(3y)4.53%
ROICexc(5y)5.42%
ROICexgc(3y)4.6%
ROICexgc(5y)5.51%
ROCE(3y)5.64%
ROCE(5y)6.64%
ROICexgc growth 3Y-16.9%
ROICexgc growth 5Y7.69%
ROICexc growth 3Y-16.94%
ROICexc growth 5Y7.67%
OM growth 3Y-22.79%
OM growth 5Y-1.08%
PM growth 3Y-30.9%
PM growth 5YN/A
GM growth 3Y0.54%
GM growth 5Y-0.03%
F-Score7
Asset Turnover1.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 8.11 | ||
| Debt/EBITDA | 1.7 | ||
| Cap/Depr | 130.19% | ||
| Cap/Sales | 4.57% | ||
| Interest Coverage | 4.35 | ||
| Cash Conversion | 110.93% | ||
| Profit Quality | 128.84% | ||
| Current Ratio | 0.5 | ||
| Quick Ratio | 0.21 | ||
| Altman-Z | 2.06 |
F-Score7
WACC7.04%
ROIC/WACC0.55
Cap/Depr(3y)122.18%
Cap/Depr(5y)105.45%
Cap/Sales(3y)3.98%
Cap/Sales(5y)3.5%
Profit Quality(3y)117.63%
Profit Quality(5y)104.91%
High Growth Momentum
Growth
EPS 1Y (TTM)-15.78%
EPS 3Y-19.73%
EPS 5Y11.47%
EPS Q2Q%-24.49%
EPS Next Y-70.09%
EPS Next 2Y-9.78%
EPS Next 3Y-4.57%
EPS Next 5YN/A
Revenue 1Y (TTM)0.37%
Revenue growth 3Y2.16%
Revenue growth 5Y6.67%
Sales Q2Q%-2.95%
Revenue Next Year-2.15%
Revenue Next 2Y0.42%
Revenue Next 3Y1.07%
Revenue Next 5YN/A
EBIT growth 1Y3.21%
EBIT growth 3Y-21.12%
EBIT growth 5Y5.51%
EBIT Next Year93.36%
EBIT Next 3Y34.77%
EBIT Next 5YN/A
FCF growth 1Y46.87%
FCF growth 3Y-17.63%
FCF growth 5YN/A
OCF growth 1Y29.54%
OCF growth 3Y2.17%
OCF growth 5Y6.34%
CRACKER BARREL OLD COUNTRY / CBRL FAQ
Can you provide the ChartMill fundamental rating for CRACKER BARREL OLD COUNTRY?
ChartMill assigns a fundamental rating of 4 / 10 to CBRL.
Can you provide the valuation status for CRACKER BARREL OLD COUNTRY?
ChartMill assigns a valuation rating of 5 / 10 to CRACKER BARREL OLD COUNTRY (CBRL). This can be considered as Fairly Valued.
Can you provide the profitability details for CRACKER BARREL OLD COUNTRY?
CRACKER BARREL OLD COUNTRY (CBRL) has a profitability rating of 5 / 10.
How financially healthy is CRACKER BARREL OLD COUNTRY?
The financial health rating of CRACKER BARREL OLD COUNTRY (CBRL) is 3 / 10.
Can you provide the dividend sustainability for CBRL stock?
The dividend rating of CRACKER BARREL OLD COUNTRY (CBRL) is 5 / 10 and the dividend payout ratio is 49.8%.