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Bojangles'

Nasdaq:BOJA
Snowflake Description

Solid track record and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BOJA
Nasdaq
$611M
Market Cap
  1. Home
  2. US
  3. Consumer Services
Company description

Bojangles', Inc. develops, operates, and franchises limited service restaurants in the United States. The last earnings update was 81 days ago. More info.


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BOJA Share Price and Events
7 Day Returns
0.3%
NasdaqGS:BOJA
1.2%
US Hospitality
-0%
US Market
1 Year Returns
30.8%
NasdaqGS:BOJA
-13.1%
US Hospitality
-7.7%
US Market
BOJA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bojangles' (BOJA) 0.3% 0.1% 2% 30.8% 12.5% -
US Hospitality 1.2% 11.2% 8.8% -13.1% 34% 23.5%
US Market -0% 8.1% 1.2% -7.7% 37.7% 40.9%
1 Year Return vs Industry and Market
  • BOJA outperformed the Hospitality industry which returned -13.1% over the past year.
  • BOJA outperformed the Market in United States of America which returned -7.7% over the past year.
Price Volatility
BOJA
Industry
5yr Volatility vs Market

Value

 Is Bojangles' 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 Bojangles' 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 Bojangles'.

NasdaqGS:BOJA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

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 NasdaqGS:BOJA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.83
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.826 (1 + (1- 21%) (20.9%))
0.962
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.96
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.962 * 7.27%)
9.73%

Discounted Cash Flow Calculation for NasdaqGS:BOJA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Bojangles' is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:BOJA DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 34.55 37.74 40.62 43.71 47.04
Source Analyst x2 Analyst x2 Est @ 7.62% Est @ 7.62% Est @ 7.62%
Present Value
Discounted (@ 9.73%)
31.49 31.35 30.75 30.15 29.57
Present value of next 5 years cash flows $153.31
NasdaqGS:BOJA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $47.04 × (1 + 2.73%) ÷ (9.73% – 2.73%)
$690.70
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $690.70 ÷ (1 + 9.73%)5
$434.24
NasdaqGS:BOJA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $153.31 + $434.24
$587.56
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $587.56 / 37.97
$15.47
NasdaqGS:BOJA Discount to Share Price
Calculation Result
Value per share (USD) From above. $15.47
Current discount Discount to share price of $16.09
= -1 x ($16.09 - $15.47) / $15.47
-4%

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

  • The current share price of Bojangles' 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 Bojangles''s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bojangles''s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:BOJA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $1.45
NasdaqGS:BOJA Share Price ** NasdaqGS (2019-01-25) in USD $16.09
United States of America Hospitality Industry PE Ratio Median Figure of 74 Publicly-Listed Hospitality Companies 18.21x
United States of America Market PE Ratio Median Figure of 3,028 Publicly-Listed Companies 16.71x

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

** Primary Listing of Bojangles'.

NasdaqGS:BOJA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 16.09 ÷ 1.45

11.07x

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

  • Bojangles' is good value based on earnings compared to the US Hospitality industry average.
  • Bojangles' is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Bojangles''s expected growth come at a high price?
Raw Data
NasdaqGS:BOJA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.07x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
10.6%per year
United States of America Hospitality Industry PEG Ratio Median Figure of 55 Publicly-Listed Hospitality Companies 1.31x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.29x

*Line of best fit is calculated by linear regression .

NasdaqGS:BOJA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.07x ÷ 10.6%

1.05x

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

  • Bojangles' is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Bojangles''s assets?
Raw Data
NasdaqGS:BOJA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $7.78
NasdaqGS:BOJA Share Price * NasdaqGS (2019-01-25) in USD $16.09
United States of America Hospitality Industry PB Ratio Median Figure of 106 Publicly-Listed Hospitality Companies 2.16x
United States of America Market PB Ratio Median Figure of 5,103 Publicly-Listed Companies 1.78x
NasdaqGS:BOJA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 16.09 ÷ 7.78

2.07x

* Primary Listing of Bojangles'.

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

  • Bojangles' is good value based on assets compared to the US Hospitality industry average.
X
Value checks
We assess Bojangles''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. Bojangles' has a total score of 3/6, 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.

Future Performance

 How is Bojangles' expected to perform in the next 1 to 3 years based on estimates from 9 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
10.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bojangles' expected to grow at an attractive rate?
  • Bojangles''s earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Bojangles''s earnings growth is positive but not above the United States of America market average.
  • Bojangles''s revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:BOJA Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:BOJA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 10.6%
NasdaqGS:BOJA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts -1.5%
United States of America Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 11.4%
United States of America Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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
NasdaqGS:BOJA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:BOJA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 543 53 32 4
2019-12-31 519 48 29 9
2018-12-31 548 40 12 8
NasdaqGS:BOJA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 557 55 54
2018-07-01 555 53 63
2018-04-01 551 52 69
2017-12-31 547 50 72
2017-09-24 546 48 33
2017-06-25 543 53 36
2017-03-26 538 56 37
2016-12-25 532 54 38
2016-09-25 521 55 36
2016-06-26 512 52 35
2016-03-27 501 51 31
2015-12-27 488 46 27

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bojangles''s earnings are expected to grow by 10.6% yearly, however this is not considered high growth (20% yearly).
  • Bojangles''s revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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
NasdaqGS:BOJA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Bojangles' Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:BOJA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.85 0.89 0.81 2.00
2019-12-31 0.77 0.81 0.73 5.00
2018-12-31 0.33 0.33 0.32 2.00
NasdaqGS:BOJA Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 1.45
2018-07-01 1.71
2018-04-01 1.88
2017-12-31 1.95
2017-09-24 0.89
2017-06-25 0.98
2017-03-26 1.03
2016-12-25 1.04
2016-09-25 0.99
2016-06-26 0.96
2016-03-27 1.34
2015-12-27 1.15

*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 Bojangles' will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Bojangles''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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Bojangles' has a total score of 1/6, 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.

Past Performance

  How has Bojangles' 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 Bojangles''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.
  • Bojangles' has delivered over 20% year on year earnings growth in the past 5 years.
  • Bojangles''s 1-year earnings growth exceeds its 5-year average (52.6% vs 24.6%)
  • Bojangles''s earnings growth has exceeded the US Hospitality industry average in the past year (52.6% vs 24.3%).
Earnings and Revenue History
Bojangles''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 Bojangles' Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:BOJA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 557.34 53.56 40.77
2018-07-01 554.72 63.16 39.55
2018-04-01 551.04 69.17 38.87
2017-12-31 547.44 72.01 37.85
2017-09-24 546.19 32.69 38.80
2017-06-25 543.34 35.82 38.07
2017-03-26 538.11 37.40 38.21
2016-12-25 531.88 37.72 38.76
2016-09-25 521.23 35.74 38.12
2016-06-26 512.29 34.63 38.59
2016-03-27 501.21 30.93 40.91
2015-12-27 488.20 26.53 42.31
2015-09-27 476.87 26.59 41.52
2015-06-28 462.92 24.67 39.89
2015-03-29 448.94 24.57 36.04
2014-12-28 430.47 26.12 32.11
2014-09-28 411.44 24.66 29.99
2013-12-29 375.16 24.33 27.48
2012-12-30 348.77 7.66 25.48

*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.
  • Bojangles' has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Bojangles' used its assets more efficiently than the US Hospitality industry average last year based on Return on Assets.
  • Bojangles' has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Bojangles''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.
Bojangles' has a total score of 5/6, 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.

Health

 How is Bojangles''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 Bojangles''s finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bojangles''s short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Bojangles''s long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Bojangles''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.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.3x 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 Bojangles' Company Filings, last reported 3 months ago.

NasdaqGS:BOJA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 291.60 127.72 16.02
2018-07-01 288.86 136.45 15.67
2018-04-01 284.96 152.46 19.38
2017-12-31 285.10 154.84 14.05
2017-09-24 237.48 171.59 17.72
2017-06-25 228.64 177.39 14.77
2017-03-26 219.03 189.41 21.43
2016-12-25 210.79 189.87 13.91
2016-09-25 198.12 203.46 19.48
2016-06-26 187.11 211.97 17.42
2016-03-27 175.55 225.81 21.41
2015-12-27 167.12 227.19 14.26
2015-09-27 158.11 242.93 15.05
2015-06-28 149.11 244.20 12.76
2015-03-29 141.18 253.19 14.12
2014-12-28 137.75 253.80 13.20
2014-09-28 129.63 263.59 12.33
2013-12-29 160.60 224.86 8.46
2012-12-30 184.93 195.61 8.61
  • Bojangles''s level of debt (43.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (130.7% vs 43.8% today).
  • Debt is well covered by operating cash flow (42.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7.6x coverage).
X
Financial health checks
We assess Bojangles''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. Bojangles' has a total score of 3/6, 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.

Dividends

 What is Bojangles''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 Bojangles' dividends. Estimated to be 0% next year.
If you bought $2,000 of Bojangles' 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 Bojangles''s dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Bojangles''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
NasdaqGS:BOJA 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 9 Analyst Estimates (S&P Global) See Below
United States of America Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 46 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1988 Stocks 2.6%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

NasdaqGS:BOJA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00
2018-12-31 0.00 1.00

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

  • Unable to perform a dividend volatility check as Bojangles' has not reported any payouts.
  • Unable to verify if Bojangles''s dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Bojangles''s earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bojangles' has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Bojangles''s dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Bojangles''s dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Bojangles' afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bojangles' 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.

Management

 What is the CEO of Bojangles''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
James Kibler
COMPENSATION $89,983
AGE 64
TENURE AS CEO 0.8 years
CEO Bio

Mr. James Randy Kibler is Interim Chief Executive Officer and Interim President at Bojangles', Inc. since March 2018. Mr. Kibler served as the Non-Executive Chairman of Bojangles', Inc. and Restaurants since February 2014 until June 2016. Mr. Kibler served as the Chief Executive Officer at Bojangles', Inc. from July 2013 to January 24, 2014 and also served as its President from September 2011 to January 24, 2014. From September 1996 to April 2011, Mr. Kibler served as President of Kibler-Mitchell Enterprises, Inc. He has been a Partner in companies that served as developers and area representatives for Firehouse Restaurant Group Inc., the franchisor of Firehouse Subs restaurants, since 2002. He has 40 year of food service experience. He began his career in 1970 as an hourly employee of Richardson's Spartan Foods at a Hardee's in Columbia, S.C. He spent 26 years working with Richardson at Spartan Foods and later Flagstar Cos. Inc., where Mr. Kibler served as Senior Vice President as well as President and Chief Operating Officer of the 600-restaurant Hardee's division, at the time the largest franchise restaurant chain in the U.S. His tenure at Flagstar also included additional responsibilities as President and Chief Operating Officer of Quincy's Family Steakhouse and Vice President of the western division of Denny's. He has been a Director of Bojangles', Inc. since August 2011. From September 2007 to January 2014, he served as Director of Restaurants.

CEO Compensation
  • James's compensation has been consistent with company performance over the past year.
  • James's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Bojangles' management team in years:

3.1
Average Tenure
50
Average Age
  • The tenure for the Bojangles' management team is about average.
Management Team

James Kibler

TITLE
Interim CEO
COMPENSATION
$90K
AGE
64
TENURE
0.8 yrs

M. Jordan

TITLE
Senior VP of Finance
COMPENSATION
$807K
AGE
50
TENURE
4.1 yrs

Laura Roberts

TITLE
VP, Compliance Officer
COMPENSATION
$536K
AGE
35
TENURE
2.2 yrs

K. Poindexter

TITLE
Senior Vice President of Marketing
TENURE
20 yrs

Victoria Smith

TITLE
Senior Vice President of Human Resources
TENURE
5.8 yrs

Jayson Romeo

TITLE
Chief of Staff & VP
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the Bojangles' board of directors in years:

4.3
Average Tenure
58.5
Average Age
  • The tenure for the Bojangles' board of directors is about average.
Board of Directors

Will Kussell

TITLE
Non-Executive Chairman
COMPENSATION
$135K
AGE
59
TENURE
2.6 yrs

James Kibler

TITLE
Interim CEO
COMPENSATION
$90K
AGE
64
TENURE
7.4 yrs

Steven Collins

TITLE
Independent Director
AGE
49
TENURE
7.4 yrs

Starlette Johnson

TITLE
Independent Director
COMPENSATION
$105K
AGE
55
TENURE
2.8 yrs

Bob Hull

TITLE
Director
COMPENSATION
$61K
AGE
53
TENURE
1.3 yrs

Tommy Haddock

TITLE
Director
COMPENSATION
$90K
AGE
67
TENURE
7.4 yrs

Steve Tadler

TITLE
Independent Director
AGE
58
TENURE
7.4 yrs

Chris Doubrava

TITLE
Independent Director
AGE
33
TENURE
4.8 yrs

John Currie

TITLE
Independent Director
COMPENSATION
$107K
AGE
62
TENURE
3.8 yrs

Mark Rowan

TITLE
Independent Director
COMPENSATION
$86K
AGE
63
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Bojangles''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. Bojangles' 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.

News

Simply Wall St News

Taking A Look At Bojangles', Inc.'s (NASDAQ:BOJA) ROE

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Our data shows Bojangles' has a return on equity of 18% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Is Bojangles' Inc (NASDAQ:BOJA) A Financially Sound Company?

Investors are always looking for growth in small-cap stocks like Bojangles' Inc (NASDAQ:BOJA), with a market cap of US$574m. … However, an important fact which most ignore is: how financially healthy is the business? … I believe these basic checks tell most of the story you need to know.

Simply Wall St -

Can Bojangles' Inc's (NASDAQ:BOJA) ROE Continue To Surpass The Industry Average?

and want to begin learning the link between company’s fundamentals and stock market performance. … If BOJA borrows debt to invest in its business, its profits will be higher. … But ROE does not capture any debt, so we only see high profits and low equity, which is great on the surface.

Simply Wall St -

Why Bojangles' Inc (NASDAQ:BOJA) Could Be A Buy

saw significant share price volatility over the past couple of months on the NasdaqGS, rising to the highs of $15.6 and falling to the lows of $13.4. … A question to answer is whether Bojangles''s current trading price of $14.7 reflective of the actual value of the? … Let’s take a look at Bojangles'’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

A Look At The Fair Value Of Bojangles' Inc (NASDAQ:BOJA)

by taking the expected future cash flows and discounting them to their present value. … Discounted Cash Flows (DCF). … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model

Simply Wall St -

Should You Buy Bojangles' Inc (NASDAQ:BOJA) At This PE Ratio?

Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change your mind. … I will deconstruct the P/E ratio and highlight what you need to be careful of when using the P/E ratio … What you need to know about the P/E ratio

Simply Wall St -

Is There Now An Opportunity In Bojangles' Inc (NASDAQ:BOJA)?

It’s trading around 12% above my intrinsic value, which means if you buy Bojangles' today, you’d be paying a relatively fair price for it. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … The stock appears to be trading at fair value, which means there’s less benefit from mispricing.

Simply Wall St -

Bojangles' Inc (NASDAQ:BOJA): Are Analysts Right About The Drop In Earnings?

Since Bojangles' Inc (NASDAQ:BOJA) released its earnings in December 2017, analyst consensus outlook appear pessimistic, as a -64.32% fall in profits is expected in the upcoming year against the past 5-year average growth rate of 23.93%. … To understand the overall trajectory of BOJA's earnings growth over these next fews years, I've fitted a line through these analyst earnings forecast to determine an annual growth rate from the slope. … NasdaqGS:BOJA Future Profit Mar 14th 18 This results in an annual growth rate of -48.46% based on the most recent earnings level of US$72.01M to the final forecast of US$28.80M by 2021.

Simply Wall St -

With An ROE Of 13.90%, Has Bojangles' Inc's (NASDAQ:BOJA) Management Done A Good Job?

See our latest analysis for Bojangles' Breaking down Return on Equity Return on Equity (ROE) weighs Bojangles'’s profit against the level of its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Bojangles'’s equity capital deployed. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity NasdaqGS:BOJA Last Perf Mar 6th 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management.

Simply Wall St -

Does Bojangles' Inc's (NASDAQ:BOJA) PE Ratio Warrant A Buy?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for BOJA Price per share = $12.1 Earnings per share = $0.9 ∴ Price-Earnings Ratio = $12.1 ÷ $0.9 = 13.4x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … Ideally, we want to compare the stock’s P/E ratio to the average of companies that have similar characteristics as BOJA, such as size and country of operation. … For example, if you are inadvertently comparing lower risk firms with BOJA, then BOJA’s P/E would naturally be lower than its peers, since investors would value those with lower risk with a higher price.

Simply Wall St -

Company Info

Map
Description

Bojangles', Inc. develops, operates, and franchises limited service restaurants in the United States. Its restaurants offer made-from-scratch biscuit breakfast sandwiches, hand-breaded bone-in chicken, fixin’s, and iced tea. As of July 1, 2018, the company operated 766 system-wide restaurants, including 325 company-operated and 441 franchised restaurants primarily located in the Southeastern United States. Bojangles', Inc. was founded in 1977 and is headquartered in Charlotte, North Carolina.

Details
Name: Bojangles', Inc.
BOJA
Exchange: NasdaqGS
Founded: 1977
$610,970,654
37,972,073
Website: http://www.bojangles.com
Address: Bojangles', Inc.
9432 Southern Pine Boulevard,
Charlotte,
North Carolina, 28273,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS BOJA Common Stock Nasdaq Global Select US USD 08. May 2015
DB 64B Common Stock Deutsche Boerse AG DE EUR 08. May 2015
Number of employees
Current staff
Staff numbers
9,900
Bojangles' employees.
Industry
Restaurants
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/28 00:57
End of day share price update: 2019/01/25 00:00
Last estimates confirmation: 2019/01/22
Last earnings filing: 2018/11/08
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.