NasdaqGS:BLMN

Stock Analysis Report

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Market Cap

US$2.2b

Last Updated

2021/07/31 23:13 UTC

Data Sources

Company Financials +

Executive Summary

Bloomin’ Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. More Details


Snowflake Analysis

Fair value with limited growth.


Similar Companies

Share Price & News

How has Bloomin' Brands's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BLMN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: BLMN's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-2.5%

BLMN

-0.7%

US Hospitality

-0.5%

US Market


1 Year Return

118.1%

BLMN

51.1%

US Hospitality

35.9%

US Market

Return vs Industry: BLMN exceeded the US Hospitality industry which returned 50.8% over the past year.

Return vs Market: BLMN exceeded the US Market which returned 35.9% over the past year.


Shareholder returns

BLMNIndustryMarket
7 Day-2.5%-0.7%-0.5%
30 Day-7.5%-6.1%0.09%
90 Day-20.5%-11.7%3.2%
1 Year118.1%118.1%51.6%51.1%38.0%35.9%
3 Year44.2%38.6%4.3%0.2%62.8%52.6%
5 Year46.7%36.4%50.6%39.8%121.2%96.9%

Long-Term Price Volatility Vs. Market

How volatile is Bloomin' Brands's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bloomin' Brands undervalued compared to its fair value and its price relative to the market?

34.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BLMN ($25.13) is trading below our estimate of fair value ($38.42)

Significantly Below Fair Value: BLMN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BLMN is good value based on its PE Ratio (18.5x) compared to the US Hospitality industry average (30.9x).

PE vs Market: BLMN is poor value based on its PE Ratio (18.5x) compared to the US market (18x).


Price to Earnings Growth Ratio

PEG Ratio: BLMN is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: BLMN is overvalued based on its PB Ratio (57.2x) compared to the US Hospitality industry average (3.5x).


Future Growth

How is Bloomin' Brands forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

12.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BLMN's forecast earnings growth (12.7% per year) is above the savings rate (2%).

Earnings vs Market: BLMN's earnings (12.7% per year) are forecast to grow slower than the US market (14.9% per year).

High Growth Earnings: BLMN's earnings are forecast to grow, but not significantly.

Revenue vs Market: BLMN's revenue (4.2% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: BLMN's revenue (4.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BLMN's Return on Equity is forecast to be very high in 3 years time (118.1%).


Past Performance

How has Bloomin' Brands performed over the past 5 years?

-25.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BLMN has a large one-off loss of $76.8M impacting its June 27 2021 financial results.

Growing Profit Margin: BLMN became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BLMN's earnings have declined by 25.5% per year over the past 5 years.

Accelerating Growth: BLMN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BLMN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (20.1%).


Return on Equity

High ROE: Whilst BLMN's Return on Equity (270.3%) is outstanding, this metric is skewed due to their high level of debt.


Financial Health

How is Bloomin' Brands's financial position?


Financial Position Analysis

Short Term Liabilities: BLMN's short term assets ($273.0M) do not cover its short term liabilities ($932.0M).

Long Term Liabilities: BLMN's short term assets ($273.0M) do not cover its long term liabilities ($2.3B).


Debt to Equity History and Analysis

Debt Level: BLMN's debt to equity ratio (2242%) is considered high.

Reducing Debt: BLMN's debt to equity ratio has increased from 345.4% to 2242% over the past 5 years.

Debt Coverage: BLMN's debt is well covered by operating cash flow (24.7%).

Interest Coverage: BLMN's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet


Dividend

What is Bloomin' Brands's current dividend yield, its reliability and sustainability?

1.15%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BLMN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BLMN'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 BLMN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BLMN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BLMN is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BLMN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Dave Deno (63 yo)

2.17yrs

Tenure

US$5,576,984

Compensation

Mr. David J. Deno, also known as Dave, is a Director at Krispy Kreme, Inc. since September 2016. Mr. Deno has been Chief Executive Officer at Bloomin' Brands, Inc. since April 01, 2019 and was its Chief Fi...


CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD5.58M) is above average for companies of similar size in the US market ($USD3.66M).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BLMN's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: BLMN's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BLMN insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bloomin' Brands, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bloomin' Brands, Inc.
  • Ticker: BLMN
  • Exchange: NasdaqGS
  • Founded: 2006
  • Industry: Restaurants
  • Sector: Consumer Services
  • Market Cap: US$2.209b
  • Shares outstanding: 87.89m
  • Website: https://www.bloominbrands.com

Number of Employees


Location

  • Bloomin' Brands, Inc.
  • 2202 North West Shore Boulevard
  • Suite 500
  • Tampa
  • Florida
  • 33607
  • United States

Listings


Biography

Bloomin’ Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. The company operates through two segments, U...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/31 23:13
End of Day Share Price2021/07/30 00:00
Earnings2021/06/27
Annual Earnings2020/12/27


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.