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Del Frisco's Restaurant Group

DB:DFR
Snowflake Description

Reasonable growth potential and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DFR
DB
$221M
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Del Frisco's Restaurant Group, Inc. owns, develops, and operates restaurants in the United States. The last earnings update was 43 days ago. More info.


Add to Portfolio Compare Print
  • Del Frisco's Restaurant Group has significant price volatility in the past 3 months.
DFR Share Price and Events
7 Day Returns
0.7%
DB:DFR
-1%
DE Hospitality
0.2%
DE Market
1 Year Returns
-44.2%
DB:DFR
-52.6%
DE Hospitality
-10.9%
DE Market
DFR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Del Frisco's Restaurant Group (DFR) 0.7% 39.2% 2.6% -44.2% -54.7% -
DE Hospitality -1% -10.9% -11.5% -52.6% -32.4% -25.2%
DE Market 0.2% -2.5% -2% -10.9% 8.9% 6.3%
1 Year Return vs Industry and Market
  • DFR outperformed the Hospitality industry which returned -52.6% over the past year.
  • DFR underperformed the Market in Germany which returned -10.9% over the past year.
Price Volatility
DFR
Industry
5yr Volatility vs Market

DFR Value

 Is Del Frisco's Restaurant Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Del Frisco's Restaurant Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Del Frisco's Restaurant Group.

DB:DFR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:DFR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.919 (1 + (1- 21%) (254.36%))
2.183
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (2 * 5.96%)
12.15%

Discounted Cash Flow Calculation for DB:DFR using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Del Frisco's Restaurant Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:DFR DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 12.15%)
2019 4.00 Analyst x1 3.57
2020 4.00 Analyst x1 3.18
2021 4.00 Est @ 0.07% 2.84
2022 4.01 Est @ 0.12% 2.53
2023 4.01 Est @ 0.15% 2.26
2024 4.02 Est @ 0.17% 2.02
2025 4.03 Est @ 0.19% 1.81
2026 4.04 Est @ 0.2% 1.61
2027 4.04 Est @ 0.21% 1.44
2028 4.05 Est @ 0.21% 1.29
Present value of next 10 years cash flows $22.55
DB:DFR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $4.05 × (1 + 0.23%) ÷ (12.15% – 0.23%)
$34.08
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $34.08 ÷ (1 + 12.15%)10
$10.83
DB:DFR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $22.55 + $10.83
$33.38
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $33.38 / 33.42
$1
DB:DFR Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:DFR represents 0.90636x of NasdaqGS:DFRG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.90636x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 1.00 x 0.90636
€0.91
Value per share (EUR) From above. €0.91
Current discount Discount to share price of €5.99
= -1 x (€5.99 - €0.91) / €0.91
-561.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Del Frisco's Restaurant Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Del Frisco's Restaurant Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Del Frisco's Restaurant Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:DFR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-26) in USD $-2.38
NasdaqGS:DFRG Share Price ** NasdaqGS (2019-06-18) in USD $6.61
Germany Hospitality Industry PE Ratio Median Figure of 10 Publicly-Listed Hospitality Companies 18.82x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.63x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Del Frisco's Restaurant Group.

DB:DFR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:DFRG Share Price ÷ EPS (both in USD)

= 6.61 ÷ -2.38

-2.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Del Frisco's Restaurant Group is loss making, we can't compare its value to the DE Hospitality industry average.
  • Del Frisco's Restaurant Group is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Del Frisco's Restaurant Group's expected growth come at a high price?
Raw Data
DB:DFR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
81.4%per year
Germany Hospitality Industry PEG Ratio Median Figure of 5 Publicly-Listed Hospitality Companies 1.3x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Del Frisco's Restaurant Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Del Frisco's Restaurant Group's assets?
Raw Data
DB:DFR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-26) in USD $6.12
NasdaqGS:DFRG Share Price * NasdaqGS (2019-06-18) in USD $6.61
Germany Hospitality Industry PB Ratio Median Figure of 13 Publicly-Listed Hospitality Companies 2.04x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.77x
DB:DFR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:DFRG Share Price ÷ Book Value per Share (both in USD)

= 6.61 ÷ 6.12

1.08x

* Primary Listing of Del Frisco's Restaurant Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Del Frisco's Restaurant Group is good value based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Del Frisco's Restaurant Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Del Frisco's Restaurant Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DFR Future Performance

 How is Del Frisco's Restaurant Group expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
81.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Del Frisco's Restaurant Group expected to grow at an attractive rate?
  • Del Frisco's Restaurant Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Del Frisco's Restaurant Group's earnings growth is expected to exceed the Germany market average.
  • Del Frisco's Restaurant Group's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:DFR Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:DFR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 81.4%
DB:DFR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 11%
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 18.9%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:DFR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:DFR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 622 1 1
2020-12-31 563 40 -7 5
2019-12-31 521 31 -19 5
DB:DFR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-26 425 4 -68
2018-12-25 378 11 -50
2018-09-25 422 37 -55
2018-06-26 378 31 -15
2018-03-27 283 33 -4
2017-12-26 294 38 -1
2017-09-05 313 39 9
2017-06-13 323 47 10
2017-03-21 354 54 16
2016-12-27 274 50 14
2016-09-06 347 40 19
2016-06-14 344 44 17

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Del Frisco's Restaurant Group's earnings are expected to grow significantly at over 20% yearly.
  • Del Frisco's Restaurant Group's revenue is expected to grow by 11% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:DFR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Del Frisco's Restaurant Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DFR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.02 0.02 0.02 1.00
2020-12-31 -0.21 -0.14 -0.27 4.00
2019-12-31 -0.54 -0.33 -0.66 4.00
DB:DFR Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-26 -2.38
2018-12-25 -1.96
2018-09-25 -2.50
2018-06-26 -0.74
2018-03-27 -0.20
2017-12-26 -0.04
2017-09-05 0.38
2017-06-13 0.45
2017-03-21 0.67
2016-12-27 0.61
2016-09-06 0.80
2016-06-14 0.72

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Del Frisco's Restaurant Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Del Frisco's Restaurant Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Del Frisco's Restaurant Group has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DFR Past Performance

  How has Del Frisco's Restaurant Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Del Frisco's Restaurant Group's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Del Frisco's Restaurant Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Del Frisco's Restaurant Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Del Frisco's Restaurant Group's 1-year growth to the DE Hospitality industry average as it is not currently profitable.
Earnings and Revenue History
Del Frisco's Restaurant Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Del Frisco's Restaurant Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DFR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-26 425.25 -68.20 68.16
2018-12-25 378.22 -49.87 57.26
2018-09-25 422.39 -55.43 54.36
2018-06-26 377.71 -15.28 44.55
2018-03-27 283.28 -4.12 37.86
2017-12-26 293.83 -0.82 35.39
2017-09-05 312.57 8.51 35.38
2017-06-13 323.36 10.35 36.89
2017-03-21 354.38 15.67 37.67
2016-12-27 273.88 14.34 32.55
2016-09-06 346.62 18.57 35.72
2016-06-14 343.84 16.75 35.75
2016-03-22 337.70 16.02 36.13
2015-12-29 331.61 16.00 36.08
2015-09-08 323.36 13.59 35.64
2015-06-16 316.68 16.41 34.26
2015-03-24 310.29 17.47 32.27
2014-12-30 301.81 16.60 31.44
2014-09-09 293.42 15.67 30.47
2014-06-17 285.65 13.50 29.16
2014-03-25 278.63 13.17 27.86
2013-12-31 271.81 12.21 26.84
2013-09-03 255.22 15.46 25.79
2013-06-11 248.92 14.05 25.05
2013-03-19 239.30 13.24 24.40
2012-12-25 232.44 14.57 23.44
2012-09-04 223.45 13.48 21.73

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Del Frisco's Restaurant Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Del Frisco's Restaurant Group has efficiently used its assets last year compared to the DE Hospitality industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Del Frisco's Restaurant Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Del Frisco's Restaurant Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Del Frisco's Restaurant Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DFR Health

 How is Del Frisco's Restaurant Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Del Frisco's Restaurant Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Del Frisco's Restaurant Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Del Frisco's Restaurant Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Del Frisco's Restaurant Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Del Frisco's Restaurant Group Company Filings, last reported 2 months ago.

DB:DFR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-26 204.32 561.00 4.90
2018-12-25 213.58 337.38 9.61
2018-09-25 221.63 312.47 6.61
2018-06-26 190.20 45.96 0.90
2018-03-27 190.76 30.55 2.98
2017-12-26 189.09 24.48 4.55
2017-09-05 213.75 40.16 0.44
2017-06-13 223.42 22.75 2.15
2017-03-21 225.18 22.00 8.73
2016-12-27 246.37 0.00 14.62
2016-09-06 240.42 0.00 0.76
2016-06-14 238.95 0.00 4.64
2016-03-22 233.90 0.00 2.05
2015-12-29 227.70 4.50 5.18
2015-09-08 218.35 15.10 1.24
2015-06-16 221.57 0.00 1.93
2015-03-24 216.96 0.00 6.84
2014-12-30 210.98 0.00 3.52
2014-09-09 204.19 6.00 1.11
2014-06-17 204.83 0.00 12.05
2014-03-25 201.93 0.00 16.30
2013-12-31 196.78 0.00 13.67
2013-09-03 192.09 0.00 8.71
2013-06-11 188.15 0.00 14.44
2013-03-19 183.48 0.00 9.81
2012-12-25 177.90 0.00 10.76
2012-09-04 170.06 0.00 5.76
  • Del Frisco's Restaurant Group's level of debt (170.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 170.2% today).
  • Debt is not well covered by operating cash flow (1.1%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Del Frisco's Restaurant Group's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Del Frisco's Restaurant Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Del Frisco's Restaurant Group has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DFR Dividends

 What is Del Frisco's Restaurant Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Del Frisco's Restaurant Group dividends.
If you bought €2,000 of Del Frisco's Restaurant Group shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Del Frisco's Restaurant Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Del Frisco's Restaurant Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:DFR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 8.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:DFR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Del Frisco's Restaurant Group has not reported any payouts.
  • Unable to verify if Del Frisco's Restaurant Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Del Frisco's Restaurant Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Del Frisco's Restaurant Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Del Frisco's Restaurant Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Del Frisco's Restaurant Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Del Frisco's Restaurant Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DFR Management

 What is the CEO of Del Frisco's Restaurant Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Norman Abdallah
COMPENSATION $3,617,769
AGE 55
TENURE AS CEO 2.6 years
CEO Bio

Mr. Norman J. Abdallah has been the Chief Executive Officer and President at Del Frisco's Restaurant Group, Inc. since November 2016. Mr. Abdallah had been the Chief Executive Officer of Mac Acquisition LLC. from 2010 through April 2013. Mr. Abdallah served as an Operating Partner for CIC Partners, a private equity firm, in the role of Chief Executive Officer of TM Restaurant Holdings LLC from September 2014 to September 2016 and Executive Chairman of Willies Grill & Icehouse Holdings LLC, a restaurant company, from September 2014 to October 2016. He served as the Chairman and Principal of Triple Tap Ventures LLC until 2018. He served as the Chief Executive Officer and President of Restaurants Unlimited, Inc. from March 2009 to July 8, 2010. He co-founded Fired Up, Inc. in 1997 and served as its President since January 2005 and also its Chief Executive Officer from 1997 to 2008. From May 2013 through December 2013, Mr. Abdallah served as interim Chief Executive Officer of Dinosaur Bar-B-Que, a restaurant operating company. From December 2013 through September 2014, Mr. Abdallah served as Chief Executive Officer of Counter Concepts, LLC, a private equity firm. He has over 25 years of restaurant, franchise and concept development experience. He was employed with Brinker International for nine years serving in various management positions including Vice President of Franchise Operations and Development, where he was responsible for the worldwide franchise programs of Chili's, Macaroni Grill and On the Border. He served as the President and Chief Executive Officer of Red Hot Concepts, a Chili's licensee for the United Kingdom, Australia and New Zealand. Mr. Abdallah served as a member of the Board of Directors of National Restaurant Association since September 2017. He has been an Independent Director of Del Frisco's Restaurant Group, Inc. since July 2012 and served as its Member of Advisory Board from March 2011 to July 2012. Mr. Abdallah served as a Member of the Board of Directors at California Pizza Kitchen, Inc. from 2011 to April 2013.

CEO Compensation
  • Norman's compensation has increased whilst company is loss making.
  • Norman's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Del Frisco's Restaurant Group management team in years:

2
Average Tenure
47
Average Age
  • The tenure for the Del Frisco's Restaurant Group management team is about average.
Management Team

Norman Abdallah

TITLE
CEO, President & Director
COMPENSATION
$4M
AGE
55
TENURE
2.6 yrs

Neil Thomson

TITLE
Chief Financial Officer
COMPENSATION
$1M
AGE
47
TENURE
2.1 yrs

April Scopa

TITLE
Executive VP & Chief People Officer
COMPENSATION
$670K
AGE
51
TENURE
2.6 yrs

Bill Martens

TITLE
Executive VP & Chief Development Officer
COMPENSATION
$823K
AGE
46
TENURE
2.6 yrs

Scott Smith

TITLE
President of Double Eagle Steak House
COMPENSATION
$695K
AGE
62
TENURE
2.4 yrs

Juan Salas

TITLE
Chief Technology Officer
AGE
44
TENURE
2 yrs

Sharron Meachem

TITLE
Chief Marketing Officer
AGE
51
TENURE
0.9 yrs

Brandon Coleman

TITLE
President of Del Frisco’S Grille
AGE
35
TENURE
1.8 yrs

Adam Halberg

TITLE
President of Barcelona Wine Bar
AGE
42
TENURE
1 yrs

Sabato Sagaria

TITLE
President of bartaco
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the Del Frisco's Restaurant Group board of directors in years:

4.8
Average Tenure
55.5
Average Age
  • The tenure for the Del Frisco's Restaurant Group board of directors is about average.
Board of Directors

Ian Carter

TITLE
Chairman of the Board
COMPENSATION
$185K
AGE
57
TENURE
4.2 yrs

Norman Abdallah

TITLE
CEO, President & Director
COMPENSATION
$4M
AGE
55
TENURE
6.9 yrs

David Barr

TITLE
Independent Director
COMPENSATION
$175K
AGE
55
TENURE
6.9 yrs

Bill Lamar

TITLE
Independent Director
COMPENSATION
$178K
AGE
65
TENURE
5.5 yrs

Pauline Brown

TITLE
Independent Director
COMPENSATION
$160K
AGE
51
TENURE
2.2 yrs

Joe Reece

TITLE
Director
AGE
56
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
06. Jun 19 Buy Armistice Capital LLC Company 04. Jun 19 04. Jun 19 25,000 €5.30 €132,565
20. May 19 Buy Armistice Capital LLC Company 16. May 19 16. May 19 65,000 €4.38 €284,994
14. May 19 Buy Armistice Capital LLC Company 10. May 19 14. May 19 90,000 €5.18 €449,669
09. May 19 Buy Armistice Capital LLC Company 07. May 19 09. May 19 265,000 €5.62 €1,437,239
30. Apr 19 Buy Armistice Capital LLC Company 25. Apr 19 30. Apr 19 130,000 €6.03 €774,690
05. Apr 19 Buy Armistice Capital LLC Company 03. Apr 19 03. Apr 19 85,000 €5.72 €482,568
28. Mar 19 Buy Armistice Capital LLC Company 26. Mar 19 27. Mar 19 65,000 €5.71 €369,566
25. Mar 19 Buy Armistice Capital LLC Company 21. Mar 19 25. Mar 19 150,000 €5.69 €852,080
20. Mar 19 Buy Armistice Capital LLC Company 18. Mar 19 20. Mar 19 319,000 €6.04 €1,832,596
15. Mar 19 Buy Armistice Capital LLC Company 14. Mar 19 14. Mar 19 20,000 €6.37 €127,411
15. Mar 19 Buy Armistice Capital LLC Company 12. Mar 19 15. Mar 19 551,000 €7.07 €3,533,878
08. Mar 19 Buy Armistice Capital LLC Company 06. Mar 19 06. Mar 19 52,000 €7.29 €376,444
30. Jan 19 Buy Armistice Capital LLC Company 25. Jan 19 29. Jan 19 46,221 €6.97 €318,660
11. Jan 19 Buy Armistice Capital LLC Company 09. Jan 19 11. Jan 19 44,100 €7.25 €314,958
07. Jan 19 Buy Armistice Capital LLC Company 03. Jan 19 07. Jan 19 55,900 €6.83 €375,505
28. Dec 18 Buy Armistice Capital LLC Company 24. Dec 18 27. Dec 18 103,000 €5.84 €576,128
20. Dec 18 Buy Armistice Capital LLC Company 18. Dec 18 20. Dec 18 253,000 €5.84 €1,437,629
14. Dec 18 Buy Armistice Capital LLC Company 12. Dec 18 14. Dec 18 240,000 €5.79 €1,373,709
06. Dec 18 Buy Engaged Capital, LLC Company 05. Nov 18 04. Dec 18 3,328,000 €6.20 €20,619,371
04. Dec 18 Buy Armistice Capital LLC Company 30. Nov 18 04. Dec 18 58,000 €6.19 €349,873
16. Nov 18 Buy Armistice Capital LLC Company 15. Nov 18 16. Nov 18 78,000 €5.52 €424,621
07. Nov 18 Buy Armistice Capital LLC Company 05. Nov 18 07. Nov 18 40,000 €5.56 €217,620
14. Sep 18 Buy Armistice Capital LLC Company 12. Sep 18 12. Sep 18 32,000 €7.07 €222,044
13. Aug 18 Buy Thomas Dritsas Individual 02. Aug 18 07. Aug 18 4,650 €7.75 €35,738
07. Aug 18 Buy Ian Carter Individual 06. Aug 18 06. Aug 18 10,000 €6.91 €69,144
07. Aug 18 Buy David Barr Individual 06. Aug 18 06. Aug 18 10,000 €6.91 €69,144
07. Aug 18 Buy Jeffrey Carcara Individual 06. Aug 18 06. Aug 18 2,500 €6.91 €17,286
07. Aug 18 Buy Sabato Sagaria Individual 06. Aug 18 06. Aug 18 1,875 €6.91 €12,965
07. Aug 18 Buy Neil Thomson Individual 06. Aug 18 06. Aug 18 6,250 €6.91 €43,215
07. Aug 18 Buy Adam Halberg Individual 06. Aug 18 06. Aug 18 3,125 €6.91 €21,608
07. Aug 18 Buy Norman Abdallah Individual 06. Aug 18 06. Aug 18 10,000 €6.91 €69,144
06. Aug 18 Buy William Wilson Individual 02. Aug 18 02. Aug 18 700 €7.61 €5,328
X
Management checks
We assess Del Frisco's Restaurant Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Del Frisco's Restaurant Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DFR News

Simply Wall St News

DFR Company Info

Description

Del Frisco's Restaurant Group, Inc. owns, develops, and operates restaurants in the United States. It owns and operates restaurants under the Del Frisco’s Double Eagle Steakhouse, Barcelona Wine Bar, bartaco, and Del Frisco’s Grille brand names. The company offers steaks, as well as other menu selections, such as chops, fresh seafood, tapas, street food, and wines and cocktails. As of March 12, 2019, it operated 75 restaurants in 16 states and the District of Columbia. The company was founded in 1981 and is headquartered in Irving, Texas.

Details
Name: Del Frisco's Restaurant Group, Inc.
DFR
Exchange: DB
Founded: 1981
$196,882,966
33,416,324
Website: http://www.dfrg.com
Address: Del Frisco's Restaurant Group, Inc.
2900 Ranch Trail,
Irving,
Texas, 75063,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS DFRG Common Shares Nasdaq Global Select US USD 27. Jul 2012
DB DFR Common Shares Deutsche Boerse AG DE EUR 27. Jul 2012
Number of employees
Current staff
Staff numbers
6,595
Del Frisco's Restaurant Group employees.
Industry
Restaurants
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 21:59
End of day share price update: 2019/06/18 00:00
Last estimates confirmation: 2019/05/28
Last earnings filing: 2019/05/06
Last earnings reported: 2019/03/26
Last annual earnings reported: 2018/12/25


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.