BJ's Restaurants, Inc.

DB:ZCG Stock Report

Market Cap: €889.2m

BJ's Restaurants Valuation

Is ZCG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ZCG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€11.77
Fair Value
188.8% overvalued intrinsic discount
6
Number of Analysts

Below Fair Value: Insufficient data to calculate ZCG's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ZCG's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ZCG?

Key metric: As ZCG is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ZCG. This is calculated by dividing ZCG's market cap by their current earnings.
What is ZCG's PE Ratio?
PE Ratio44.2x
EarningsUS$22.46m
Market CapUS$991.45m

Price to Earnings Ratio vs Peers

How does ZCG's PE Ratio compare to its peers?

The above table shows the PE ratio for ZCG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.3x
TIMA ZEAL Network
21.2x4.98%€997.8m
IFA LS Invest
7.3xn/a€325.7m
TUI1 TUI
6.5x15.61%€3.4b
PTLO Portillo's
30.3x17.88%US$855.5m
ZCG BJ's Restaurants
44.2x29.76%€991.5m

Price-To-Earnings vs Peers: ZCG is expensive based on its Price-To-Earnings Ratio (44.2x) compared to the peer average (16.3x).

Price to Earnings Ratio vs Industry

How does ZCG's PE Ratio compare vs other companies in the European Hospitality Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ZCG 44.2xIndustry Avg. 18.1xNo. of Companies26PE020406080100+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ZCG is expensive based on its Price-To-Earnings Ratio (44.2x) compared to the European Hospitality industry average (18.1x).

Price to Earnings Ratio vs Fair Ratio

What is ZCG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ZCG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio44.2x
Fair PE Ratio25.8x

Price-To-Earnings vs Fair Ratio: ZCG is expensive based on its Price-To-Earnings Ratio (44.2x) compared to the estimated Fair Price-To-Earnings Ratio (25.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ZCG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€40.20
€36.12
-10.16%
14.86%€45.99€29.19n/a6
May ’26€29.20
€35.28
+20.82%
14.74%€44.29€27.46n/a6
Apr ’26€33.00
€39.46
+19.57%
12.16%€46.35€33.37n/a7
Mar ’26€36.40
€40.69
+11.80%
12.16%€47.80€34.41n/a7
Feb ’26€34.80
€37.41
+7.51%
12.48%€43.49€30.92n/a7
Jan ’26€33.00
€35.74
+8.31%
12.76%€41.37€29.42n/a8
Dec ’25€36.00
€35.74
-0.72%
12.76%€41.37€29.42n/a8
Nov ’25€31.00
€36.10
+16.47%
12.81%€41.53€29.53n/a8
Oct ’25€29.60
€36.61
+23.68%
12.31%€43.29€29.47n/a8
Sep ’25€27.60
€36.61
+32.64%
12.31%€43.29€29.47n/a8
Aug ’25€28.20
€36.61
+29.82%
12.31%€43.29€29.47n/a8
Jul ’25€32.80
€36.77
+12.12%
11.56%€41.84€28.82n/a9
Jun ’25€32.20
€36.77
+14.21%
11.56%€41.84€28.82n/a9
May ’25€30.40
€34.04
+11.98%
15.67%€38.76€22.15€29.209
Apr ’25€33.20
€34.04
+2.53%
15.67%€38.76€22.15€33.009
Mar ’25€32.40
€34.04
+5.07%
15.67%€38.76€22.15€36.409
Feb ’25€33.00
€32.44
-1.71%
17.33%€38.59€22.05€34.8010
Jan ’25€32.60
€30.90
-5.21%
17.84%€37.26€21.81€33.0010
Dec ’24€28.20
€29.97
+6.29%
16.24%€37.47€21.93€36.0010
Nov ’24€24.60
€30.47
+23.88%
18.04%€38.80€21.77€31.0010
Oct ’24€22.00
€35.43
+61.04%
12.17%€41.62€28.38€29.6011
Sep ’24€27.20
€34.80
+27.94%
11.40%€39.91€27.21€27.6011
Aug ’24€33.20
€34.80
+4.82%
11.40%€39.91€27.21€28.2011
Jul ’24€29.00
€31.64
+9.09%
14.68%€36.68€24.76€32.8010
Jun ’24€28.00
€31.13
+11.17%
14.23%€36.30€24.50€32.2010
May ’24€29.40
€31.13
+5.88%
14.23%€36.30€24.50€30.4010
AnalystConsensusTarget
Consensus Narrative from 6 Analysts
€36.62
Fair Value
9.8% overvalued intrinsic discount
6
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/18 18:12
End of Day Share Price 2025/05/16 00:00
Earnings2025/04/01
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

BJ's Restaurants, Inc. is covered by 35 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey BernsteinBarclays
Jeffrey BernsteinBarclays
Todd BrooksBenchmark Company