NasdaqGS:CBRL

Stock Analysis Report

Cracker Barrel Old Country Store

Executive Summary

Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States.

Snowflake

Fundamentals

Established dividend payer with acceptable track record.


Similar Companies

Share Price & News

How has Cracker Barrel Old Country Store's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.1%

NasdaqGS:CBRL

2.5%

US Hospitality

2.1%

US Market


1 Year Return

8.4%

NasdaqGS:CBRL

-4.7%

US Hospitality

-0.04%

US Market

CBRL outperformed the Hospitality industry which returned -5.4% over the past year.

CBRL outperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

CBRLIndustryMarket
7 Day0.1%2.5%2.1%
30 Day-3.5%-5.4%-3.2%
90 Day0.3%1.5%2.8%
1 Year13.7%8.4%-2.4%-4.7%2.2%-0.04%
3 Year19.8%2.7%45.5%36.3%41.5%32.3%
5 Year111.3%63.8%34.1%19.4%55.0%37.8%

Price Volatility Vs. Market

How volatile is Cracker Barrel Old Country Store's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Cracker Barrel Old Country Store undervalued based on future cash flows and its price relative to the stock market?

17.95x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Cracker Barrel Old Country Store's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Cracker Barrel Old Country Store's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Cracker Barrel Old Country Store is good value based on earnings compared to the US Hospitality industry average.

Cracker Barrel Old Country Store is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Cracker Barrel Old Country Store is poor value based on expected growth next year.


Price Based on Value of Assets

Cracker Barrel Old Country Store is overvalued based on assets compared to the US Hospitality industry average.


Next Steps

Future Growth

How is Cracker Barrel Old Country Store expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

4.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Cracker Barrel Old Country Store's revenue is expected to grow by 4.1% yearly, however this is not considered high growth (20% yearly).

Cracker Barrel Old Country Store's earnings are expected to grow by 4.3% yearly, however this is not considered high growth (20% yearly).

Cracker Barrel Old Country Store's revenue growth is positive but not above the United States of America market average.

Cracker Barrel Old Country Store's earnings growth is positive but not above the United States of America market average.

Cracker Barrel Old Country Store's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Cracker Barrel Old Country Store is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Cracker Barrel Old Country Store performed over the past 5 years?

12.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Cracker Barrel Old Country Store's year on year earnings growth rate has been positive over the past 5 years.

Cracker Barrel Old Country Store's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Cracker Barrel Old Country Store's 1-year earnings growth is negative, it can't be compared to the US Hospitality industry average.


Return on Equity

Cracker Barrel Old Country Store has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Cracker Barrel Old Country Store used its assets more efficiently than the US Hospitality industry average last year based on Return on Assets.


Return on Capital Employed

Cracker Barrel Old Country Store's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Cracker Barrel Old Country Store's financial position?


Financial Position Analysis

Cracker Barrel Old Country Store's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Cracker Barrel Old Country Store's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Cracker Barrel Old Country Store's level of debt (62%) 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 (83.6% vs 62% today).

Debt is well covered by operating cash flow (90.2%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 16.9x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.9x debt.


Next Steps

Dividend

What is Cracker Barrel Old Country Store's current dividend yield, its reliability and sustainability?

5.10%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Cracker Barrel Old Country Store's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Cracker Barrel Old Country Store's dividend is above the markets top 25% of dividend payers in United States of America (3.85%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.8x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.2x coverage).


Next Steps

Management

What is the CEO of Cracker Barrel Old Country Store's salary, the management and board of directors tenure and is there insider trading?

4.2yrs

Average management tenure


CEO

Sandy Cochran (61yo)

7.9yrs

Tenure

US$6,234,602

Compensation

Ms. Sandra Brophy Cochran, also known as Sandy, has been the Chief Executive Officer of Cracker Barrel Old Country Store, Inc. since September 12, 2011 and also its President since November 3, 2010. Ms. Co ...


CEO Compensation Analysis

Sandy's remuneration is about average for companies of similar size in United States of America.

Sandy's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.2yrs

Average Tenure

55.5yo

Average Age

The tenure for the Cracker Barrel Old Country Store management team is about average.


Board Age and Tenure

7.6yrs

Average Tenure

68.5yo

Average Age

The tenure for the Cracker Barrel Old Country Store board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$44,302,63912 Aug 19
Biglari Capital Corp.
EntityCompany
Shares258,640
Max PriceUS$171.71
SellUS$49,412,53912 Aug 19
Biglari Capital Corp.
EntityCompany
Shares288,640
Max PriceUS$171.71
SellUS$13,243,04112 Jul 19
Biglari Capital Corp.
EntityCompany
Shares75,910
Max PriceUS$176.11
SellUS$25,723,18609 Jul 19
Biglari Capital Corp.
EntityCompany
Shares149,150
Max PriceUS$172.76
SellUS$42,049,57303 Jul 19
Biglari Capital Corp.
EntityCompany
Shares244,121
Max PriceUS$173.42
SellUS$41,028,53401 Jul 19
Biglari Capital Corp.
EntityCompany
Shares240,187
Max PriceUS$171.83
SellUS$22,878,28927 Jun 19
Biglari Capital Corp.
EntityCompany
Shares134,097
Max PriceUS$170.61
SellUS$36,031,36426 Jun 19
Biglari Capital Corp.
EntityCompany
Shares211,243
Max PriceUS$170.83
SellUS$16,830,39819 Jun 19
Biglari Capital Corp.
EntityCompany
Shares98,939
Max PriceUS$170.53
SellUS$428,14825 May 19
Biglari Capital Corp.
EntityCompany
Shares2,520
Max PriceUS$169.90
SellUS$2,062,34314 May 19
Biglari Capital Corp.
EntityCompany
Shares12,130
Max PriceUS$170.02
SellUS$5,107,46120 Feb 19
Biglari Capital Corp.
EntityCompany
Shares29,704
Max PriceUS$172.01
SellUS$22,898,62815 Feb 19
Biglari Capital Corp.
EntityCompany
Shares134,752
Max PriceUS$170.11
SellUS$13,326,78312 Feb 19
Biglari Capital Corp.
EntityCompany
Shares78,673
Max PriceUS$170.49
SellUS$29,223,41307 Feb 19
Biglari Capital Corp.
EntityCompany
Shares171,978
Max PriceUS$170.30
SellUS$28,162,22529 Jan 19
Biglari Capital Corp.
EntityCompany
Shares166,179
Max PriceUS$169.54
SellUS$9,557,98924 Jan 19
Biglari Capital Corp.
EntityCompany
Shares56,494
Max PriceUS$169.19
SellUS$1,600,41419 Jan 19
Biglari Capital Corp.
EntityCompany
Shares9,461
Max PriceUS$170.00
SellUS$286,45016 Jan 19
Biglari Capital Corp.
EntityCompany
Shares1,685
Max PriceUS$170.00
SellUS$25,335,78015 Jan 19
Biglari Capital Corp.
EntityCompany
Shares149,683
Max PriceUS$169.43
SellUS$7,236,05019 Dec 18
Biglari Capital Corp.
EntityCompany
Shares42,258
Max PriceUS$172.42
SellUS$22,684,18014 Dec 18
Biglari Capital Corp.
EntityCompany
Shares129,600
Max PriceUS$175.20
SellUS$44,420,15104 Dec 18
Biglari Capital Corp.
EntityCompany
Shares243,718
Max PriceUS$182.57
SellUS$398,94427 Sep 18
Laura Daily
EntityIndividual
Role
Senior Key Executive
Senior Vice President of Retail
Shares2,740
Max PriceUS$145.60
SellUS$727,76024 Sep 18
Nicholas Flanagan
EntityIndividual
Shares4,991
Max PriceUS$145.81

Ownership Breakdown


Management Team

  • Sandy Cochran (61yo)

    President

    • Tenure: 7.9yrs
    • Compensation: US$6.23m
  • Rich Wolfson (52yo)

    Senior VP

    • Tenure: 2.1yrs
    • Compensation: US$1.00m
  • Michael Hackney

    Senior Vice President of Restaurant & Retail Operations

    • Tenure: 0.3yrs
  • Doug Couvillion (55yo)

    Senior Vice President of Sourcing & Supply Chain

    • Tenure: 8.1yrs
  • Laura Daily (56yo)

    Senior Vice President of Retail

    • Tenure: 7.3yrs
    • Compensation: US$760.38k
  • Jill Golder (57yo)

    Senior VP & CFO

    • Tenure: 3.2yrs
    • Compensation: US$1.41m
  • Jeff Wilson (44yo)

    Principal Accounting Officer

    • Tenure: 4.2yrs
  • Adam Hannon

    Manager of Investor Relations

    • Tenure: 0.0yrs

Board Members

  • Norman Johnson (70yo)

    Independent Director

    • Tenure: 7.0yrs
    • Compensation: US$220.68k
  • Sandy Cochran (61yo)

    President

    • Tenure: 7.9yrs
    • Compensation: US$6.23m
  • Andrea Weiss (63yo)

    Independent Director

    • Tenure: 16.0yrs
    • Compensation: US$227.69k
  • Bill McCarten (70yo)

    Independent Director

    • Tenure: 8.0yrs
    • Compensation: US$214.31k
  • Carl Berquist (67yo)

    Director

    • Tenure: 0.6yrs
  • Richard Dobkin (74yo)

    Independent Director

    • Tenure: 14.1yrs
    • Compensation: US$225.27k
  • Jim Bradford (72yo)

    Independent Chairman

    • Tenure: 6.8yrs
    • Compensation: US$305.07k
  • Coleman Peterson (71yo)

    Independent Director

    • Tenure: 8.2yrs
    • Compensation: US$216.45k
  • Meg Crofton (65yo)

    Director

    • Tenure: 2.1yrs
    • Compensation: US$235.15k
  • Tom Barr (51yo)

    Independent Director

    • Tenure: 7.3yrs
    • Compensation: US$200.43k

Company Information

Cracker Barrel Old Country Store, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cracker Barrel Old Country Store, Inc.
  • Ticker: CBRL
  • Exchange: NasdaqGS
  • Founded: 1969
  • Industry: Restaurants
  • Sector: Consumer Services
  • Market Cap: US$3.946b
  • Shares outstanding: 24.04m
  • Website: https://www.crackerbarrel.com

Number of Employees


Location

  • Cracker Barrel Old Country Store, Inc.
  • 305 Hartmann Drive
  • Lebanon
  • Tennessee
  • 37087
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CBRLNasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDNov 1981
OLDDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 1981

Biography

Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. Its Cracker Barrel stores consist of a restaurant with a gift shop. The compa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 00:11
End of Day Share Price2019/08/21 00:00
Earnings2019/05/03
Annual Earnings2018/08/03


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.