BJ's Restaurants, Inc. owns and operates casual dining restaurants in the United States.
Very undervalued with reasonable growth potential.
Share Price & News
How has BJ's Restaurants's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ZCG's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ZCG underperformed the German Hospitality industry which returned -34.4% over the past year.
Return vs Market: ZCG underperformed the German Market which returned 4.5% over the past year.
Price Volatility Vs. Market
How volatile is BJ's Restaurants's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is BJ's Restaurants undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ZCG (€14.1) is trading below our estimate of fair value (€21.68)
Significantly Below Fair Value: ZCG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ZCG is good value based on its PE Ratio (11.6x) compared to the DE Hospitality industry average (20.2x).
PE vs Market: ZCG is good value based on its PE Ratio (11.6x) compared to the German market (21.2x).
Price to Earnings Growth Ratio
PEG Ratio: ZCG is good value based on its PEG Ratio (0.1x)
Price to Book Ratio
PB vs Industry: ZCG is good value based on its PB Ratio (1.1x) compared to the DE Hospitality industry average (2x).
How is BJ's Restaurants forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ZCG's forecast earnings growth (100.4% per year) is above the savings rate (0.2%).
Earnings vs Market: ZCG's earnings (100.4% per year) are forecast to grow faster than the German market (22.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ZCG's revenue (11% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: ZCG's revenue (11% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ZCG's Return on Equity is forecast to be low in 3 years time (6.5%).
How has BJ's Restaurants performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZCG has high quality earnings.
Growing Profit Margin: ZCG's current net profit margins (2.5%) are lower than last year (4.3%).
Past Earnings Growth Analysis
Earnings Trend: ZCG's earnings have grown by 2.2% per year over the past 5 years.
Accelerating Growth: ZCG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ZCG had negative earnings growth (-42.7%) over the past year, making it difficult to compare to the Hospitality industry average (-15.6%).
Return on Equity
High ROE: ZCG's Return on Equity (10.3%) is considered low.
How is BJ's Restaurants's financial position?
Financial Position Analysis
Short Term Liabilities: ZCG's short term assets ($112.6M) do not cover its short term liabilities ($138.8M).
Long Term Liabilities: ZCG's short term assets ($112.6M) do not cover its long term liabilities ($702.4M).
Debt to Equity History and Analysis
Debt Level: ZCG's debt to equity ratio (85.3%) is considered high.
Reducing Debt: ZCG's debt to equity ratio has increased from 11% to 85.3% over the past 5 years.
Debt Coverage: ZCG's debt is well covered by operating cash flow (41%).
Interest Coverage: ZCG's interest payments on its debt are well covered by EBIT (5.6x coverage).
What is BJ's Restaurants's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ZCG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ZCG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ZCG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ZCG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ZCG is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ZCG's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Greg Trojan (60yo)
Mr. Gregory A. Trojan, also known as Greg, has been the Chief Executive Officer of BJ's Restaurants, Inc. since February 01, 2013 and served as its President since December 3, 2012. Mr. Trojan served as Ch ...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD2.40M) is above average for companies of similar size in the German market ($USD1.03M).
Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.
|CEO & Director||7.42yrs||US$2.40m||0.23% $761.0k|
|Executive Vice President of Operations||5.25yrs||US$607.45k||0.039% $129.3k|
|Executive VP & Chief Development Officer||17yrs||US$654.25k||0.11% $354.6k|
|Executive VP & Chief Marketing Officer||6yrs||US$657.85k||0.019% $63.5k|
|Senior VP & Chief Accounting Officer||0.50yr||no data||0.011% $34.9k|
|Senior VP & Chief Information Officer||7.42yrs||US$544.30k||0.00039% $1.3k|
|Executive VP||9.33yrs||US$597.96k||0.027% $88.1k|
|Senior Vice President of Brewing Operations||24.5yrs||US$143.26k||0.047% $156.6k|
|Senior Vice President of Operations||9.5yrs||no data||no data|
|Senior Vice President of Culinary||2.5yrs||no data||no data|
|President of BJ's Restaurants Foundation||no data||no data||no data|
Experienced Management: ZCG's management team is seasoned and experienced (7.4 years average tenure).
|CEO & Director||7.42yrs||US$2.40m||0.23% $761.0k|
|Lead Independent Director||12.08yrs||US$206.50k||0.27% $888.5k|
|Independent Director||16.25yrs||US$180.00k||0.12% $388.1k|
|Director||0.17yr||no data||0.0045% $14.9k|
|Independent Director||9.92yrs||US$172.00k||0.10% $337.7k|
|Independent Director||6.08yrs||US$176.50k||0.075% $248.3k|
|Independent Director||6.08yrs||US$172.50k||0.26% $876.1k|
|Independent Director||1.5yrs||US$169.00k||0.0084% $27.9k|
Experienced Board: ZCG's board of directors are considered experienced (8.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.4%.
BJ's Restaurants, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: BJ's Restaurants, Inc.
- Ticker: ZCG
- Exchange: DB
- Founded: 1978
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: US$377.105m
- Listing Market Cap: US$330.872m
- Shares outstanding: 22.26m
- Website: https://www.bjsrestaurants.com
Number of Employees
- BJ's Restaurants, Inc.
- 7755 Center Avenue
- Suite 300
- Huntington Beach
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BJRI||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Oct 1996|
|ZCG||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Oct 1996|
BJ's Restaurants, Inc. owns and operates casual dining restaurants in the United States. Its restaurants offer pizzas, craft and other beers, appetizers, entrées, pastas, sandwiches, specialty salads, and desserts. As of April 6, 2020, the company operated 209 restaurants. BJ's Restaurants, Inc. was founded in 1978 and is based in Huntington Beach, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/14 21:41|
|End of Day Share Price||2020/07/14 00:00|
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.