Cracker Barrel Old Country Store, Inc.

NasdaqGS:CBRL Stock Report

Market Cap: US$1.2b

Cracker Barrel Old Country Store Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • 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 CBRL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CBRL ($52.86) is trading above our estimate of fair value ($8.21)

Significantly Below Fair Value: CBRL is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CBRL. This is calculated by dividing CBRL's market cap by their current earnings.
What is CBRL's PE Ratio?
PE Ratio29.2x
EarningsUS$40.32m
Market CapUS$1.18b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CBRL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.9x
PZZA Papa John's International
14.1x10.7%US$1.3b
DNUT Krispy Kreme
60x-3.5%US$1.7b
FWRG First Watch Restaurant Group
54x19.2%US$1.1b
BH.A Biglari Holdings
15.5xn/aUS$789.8m
CBRL Cracker Barrel Old Country Store
29.2x26.6%US$1.2b

Price-To-Earnings vs Peers: CBRL is good value based on its Price-To-Earnings Ratio (29.2x) compared to the peer average (35.9x).

Price to Earnings Ratio vs Industry

How does CBRL's PE Ratio compare vs other companies in the US Hospitality Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
THRS.F Agility Real Estate
1.7xn/aUS$2.05m
No more companies available in this PE range
CBRL 29.2xIndustry Avg. 23.4xNo. of Companies17PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CBRL is expensive based on its Price-To-Earnings Ratio (29.2x) compared to the US Hospitality industry average (23.4x).

Price to Earnings Ratio vs Fair Ratio

What is CBRL'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.

CBRL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.2x
Fair PE Ratio21.4x

Price-To-Earnings vs Fair Ratio: CBRL is expensive based on its Price-To-Earnings Ratio (29.2x) compared to the estimated Fair Price-To-Earnings Ratio (21.4x).

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 CBRL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$52.86
US$51.71
-2.2%
14.3%US$60.00US$36.00n/a7
Dec ’25US$55.56
US$43.57
-21.6%
8.2%US$48.00US$36.00n/a7
Nov ’25US$46.98
US$41.57
-11.5%
7.5%US$45.00US$36.00n/a7
Oct ’25US$46.87
US$41.57
-11.3%
7.5%US$45.00US$36.00n/a7
Sep ’25US$39.58
US$47.29
+19.5%
9.2%US$55.00US$42.00n/a7
Aug ’25US$44.41
US$52.63
+18.5%
27.9%US$90.00US$42.00n/a8
Jul ’25US$40.80
US$52.88
+29.6%
27.6%US$90.00US$42.00n/a8
Jun ’25US$48.78
US$53.38
+9.4%
26.8%US$90.00US$42.00n/a8
May ’25US$56.36
US$71.63
+27.1%
11.3%US$90.00US$61.00n/a8
Apr ’25US$71.36
US$72.13
+1.1%
11.0%US$90.00US$61.00n/a8
Mar ’25US$66.31
US$72.63
+9.5%
11.1%US$90.00US$61.00n/a8
Feb ’25US$81.31
US$73.38
-9.8%
13.0%US$90.00US$57.00n/a8
Jan ’25US$77.08
US$71.25
-7.6%
12.5%US$90.00US$57.00US$52.868
Dec ’24US$72.36
US$74.25
+2.6%
16.0%US$96.00US$57.00US$55.568
Nov ’24US$65.75
US$80.13
+21.9%
14.3%US$100.00US$66.00US$46.988
Oct ’24US$67.20
US$80.13
+19.2%
14.3%US$100.00US$66.00US$46.878
Sep ’24US$81.28
US$95.13
+17.0%
10.4%US$115.00US$79.00US$39.588
Aug ’24US$92.72
US$95.13
+2.6%
10.4%US$115.00US$79.00US$44.418
Jul ’24US$93.18
US$95.00
+2.0%
11.1%US$115.00US$79.00US$40.807
Jun ’24US$99.11
US$105.43
+6.4%
11.3%US$130.00US$88.00US$48.787
May ’24US$103.92
US$106.29
+2.3%
10.4%US$130.00US$92.00US$56.367
Apr ’24US$113.60
US$106.29
-6.4%
10.4%US$130.00US$92.00US$71.367
Mar ’24US$110.82
US$106.75
-3.7%
9.8%US$130.00US$92.00US$66.318
Feb ’24US$111.72
US$100.88
-9.7%
10.4%US$125.00US$90.00US$81.318
Jan ’24US$94.74
US$99.25
+4.8%
8.8%US$116.00US$86.00US$77.088

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 Analysis2025/01/02 14:00
End of Day Share Price 2024/12/31 00:00
Earnings2024/11/01
Annual Earnings2024/08/02

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 here.

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 .

Analyst Sources

Cracker Barrel Old Country Store, Inc. is covered by 26 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
Todd BrooksBenchmark Company
Katherine GriffinBofA Global Research