First Watch Restaurant Group

Expanding Units In The Sun Belt Will Secure Future Success

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

16 Sep 24

Updated

01 May 25

n/a

AnalystConsensusTarget's Fair Value

n/a

-4.4%

-1.5%

-4.4%

-1.5%

You can edit this narrative until May 12 6:02 AM. Then, changes will post as Updates.

Author's Valuation

US$2217.4% undervalued

AnalystConsensusTarget Fair Value

Narrative

Updates8

Shared on 01 May 25

Fair value Decreased 9.32%

Shared on 23 Apr 25

Fair value Increased 1.17%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 3.81%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Decreased 4.43%

AnalystConsensusTarget has increased revenue growth from 13.9% to 16.3%, increased profit margin from 2.1% to 2.4% and decreased future PE multiple from 61.9x to 48.7x.

Shared on 11 Mar 25

Fair value Increased 16%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget Fair Value

US$22

17.4% undervalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

12.48%

Hospitality revenue growth rate

0.48%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

10.64%

Calculation

US$33.77m

Earnings '28

55.26x

PE Ratio '28

US$1.87b

Market Cap '28

US$1.87b

Market Cap '28

62.41m

No. shares '28

US$29.90

Share Price '28

US$29.90 Share Price '28

Discounted to 2025 @ 11.01% p.a.

US$21.86

Fair Value '25