NasdaqGS:CBRL

Stock Analysis Report

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Cracker Barrel Old Country Store

Market Cap

US$3.4b

Last Updated

2021/06/20 23:16 UTC

Data Sources

Company Financials +

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

Stable Share Price: CBRL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CBRL's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-7.3%

CBRL

-3.6%

US Hospitality

-1.9%

US Market


1 Year Return

28.6%

CBRL

51.5%

US Hospitality

38.2%

US Market

Return vs Industry: CBRL underperformed the US Hospitality industry which returned 51.5% over the past year.

Return vs Market: CBRL underperformed the US Market which returned 38.2% over the past year.


Shareholder returns

CBRLIndustryMarket
7 Day-7.3%-3.6%-1.9%
30 Day-10.2%0.8%1.0%
90 Day-13.7%-8.3%3.8%
1 Year30.0%28.6%51.9%51.5%40.4%38.2%
3 Year-3.7%-13.5%3.3%-1.0%57.5%47.8%
5 Year3.7%-15.9%70.9%58.2%127.2%101.7%

Long-Term 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 compared to its fair value and its price relative to the market?

6.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CBRL ($144) is trading below our estimate of fair value ($153.9)

Significantly Below Fair Value: CBRL is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CBRL is good value based on its PE Ratio (14x) compared to the US Hospitality industry average (36.9x).

PE vs Market: CBRL is good value based on its PE Ratio (14x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: CBRL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CBRL is overvalued based on its PB Ratio (5.3x) compared to the US Hospitality industry average (4x).


Future Growth

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

-1.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CBRL's earnings are forecast to decline over the next 3 years (-1.7% per year).

Earnings vs Market: CBRL's earnings are forecast to decline over the next 3 years (-1.7% per year).

High Growth Earnings: CBRL's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CBRL's revenue (6.7% per year) is forecast to grow slower than the US market (9.5% per year).

High Growth Revenue: CBRL's revenue (6.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CBRL's Return on Equity is forecast to be high in 3 years time (29.5%)


Past Performance

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

-11.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CBRL has a high level of non-cash earnings.

Growing Profit Margin: CBRL's current net profit margins (9.6%) are higher than last year (0.3%).


Past Earnings Growth Analysis

Earnings Trend: CBRL's earnings have declined by 11.9% per year over the past 5 years.

Accelerating Growth: CBRL's earnings growth over the past year (2377.4%) exceeds its 5-year average (-11.9% per year).

Earnings vs Industry: CBRL earnings growth over the past year (2377.4%) exceeded the Hospitality industry -8.1%.


Return on Equity

High ROE: CBRL's Return on Equity (37.5%) is considered high.


Financial Health

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


Financial Position Analysis

Short Term Liabilities: CBRL's short term assets ($593.9M) exceed its short term liabilities ($449.0M).

Long Term Liabilities: CBRL's short term assets ($593.9M) do not cover its long term liabilities ($1.5B).


Debt to Equity History and Analysis

Debt Level: CBRL's debt to equity ratio (97.6%) is considered high.

Reducing Debt: CBRL's debt to equity ratio has increased from 72.1% to 97.6% over the past 5 years.

Debt Coverage: CBRL's debt is well covered by operating cash flow (45.2%).

Interest Coverage: CBRL's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


Dividend

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

2.78%

Current Dividend Yield


Upcoming Dividend Payment

TodayJun 21 2021Ex Dividend DateJul 15 2021Dividend Pay DateAug 06 202122 days from Ex DividendBuy in the next 23 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: CBRL's dividend (2.78%) is higher than the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: CBRL's dividend (2.78%) is low compared to the top 25% of dividend payers in the US market (3.49%).


Stability and Growth of Payments

Stable Dividend: CBRL's dividend payments have been volatile in the past 10 years.

Growing Dividend: CBRL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: Unable to calculate sustainability of dividends as CBRL has not reported any payouts.


Future Payout to Shareholders

Future Dividend Coverage: CBRL's dividends in 3 years are forecast to be covered by earnings (51% payout ratio).


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Sandy Cochran (62 yo)

9.75yrs

Tenure

US$6,216,441

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 its President since November 3, 2010. Ms. Cochran...


CEO Compensation Analysis

Compensation vs Market: Sandy's total compensation ($USD6.22M) is about average for companies of similar size in the US market ($USD5.38M).

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


Leadership Team

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


Board Members

Experienced Board: CBRL's board of directors are considered experienced (3.9 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Top Shareholders

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$3.417b
  • Shares outstanding: 23.73m
  • Website: https://www.crackerbarrel.com

Number of Employees


Location

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

Listings


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 Analysis2021/06/20 23:16
End of Day Share Price2021/06/18 00:00
Earnings2021/04/30
Annual Earnings2020/07/31


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.