Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally.
Texas Roadhouse Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$94.72|
|52 Week High||US$59.60|
|52 Week Low||US$110.75|
|1 Month Change||-0.83%|
|3 Month Change||-0.21%|
|1 Year Change||57.87%|
|3 Year Change||36.70%|
|5 Year Change||142.69%|
|Change since IPO||743.45%|
Recent News & Updates
|TXRH||US Hospitality||US Market|
Return vs Industry: TXRH exceeded the US Hospitality industry which returned 38.5% over the past year.
Return vs Market: TXRH exceeded the US Market which returned 35.3% over the past year.
Stable Share Price: TXRH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TXRH's weekly volatility (4%) has been stable over the past year.
About the Company
Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally. The company operates and franchises Texas Roadhouse and Bubba's 33 restaurants. As of December 29, 2020, it operated 537 domestic restaurants and 97 franchise restaurants.
Texas Roadhouse Fundamentals Summary
|TXRH fundamental statistics|
Is TXRH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TXRH income statement (TTM)|
|Cost of Revenue||US$2.45b|
Last Reported Earnings
Jun 29, 2021
Next Earnings Date
|Earnings per share (EPS)||2.70|
|Net Profit Margin||6.35%|
How did TXRH perform over the long term?See historical performance and comparison
1.7%Current Dividend Yield
Is Texas Roadhouse undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TXRH ($94.72) is trading above our estimate of fair value ($82.02)
Significantly Below Fair Value: TXRH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TXRH is poor value based on its PE Ratio (35.1x) compared to the US Hospitality industry average (25x).
PE vs Market: TXRH is poor value based on its PE Ratio (35.1x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: TXRH is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: TXRH is overvalued based on its PB Ratio (6.3x) compared to the US Hospitality industry average (3.5x).
How is Texas Roadhouse forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TXRH's forecast earnings growth (13.2% per year) is above the savings rate (2%).
Earnings vs Market: TXRH's earnings (13.2% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: TXRH's earnings are forecast to grow, but not significantly.
Revenue vs Market: TXRH's revenue (9.2% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: TXRH's revenue (9.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TXRH's Return on Equity is forecast to be high in 3 years time (23.4%)
How has Texas Roadhouse performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TXRH has high quality earnings.
Growing Profit Margin: TXRH's current net profit margins (6.3%) are higher than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: TXRH's earnings have declined by 3.1% per year over the past 5 years.
Accelerating Growth: TXRH's earnings growth over the past year (201.2%) exceeds its 5-year average (-3.1% per year).
Earnings vs Industry: TXRH earnings growth over the past year (201.2%) exceeded the Hospitality industry 80.8%.
Return on Equity
High ROE: TXRH's Return on Equity (18.4%) is considered low.
How is Texas Roadhouse's financial position?
Financial Position Analysis
Short Term Liabilities: TXRH's short term assets ($581.8M) exceed its short term liabilities ($479.8M).
Long Term Liabilities: TXRH's short term assets ($581.8M) do not cover its long term liabilities ($906.5M).
Debt to Equity History and Analysis
Debt Level: TXRH's debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: TXRH's debt to equity ratio has increased from 7% to 17.9% over the past 5 years.
Debt Coverage: TXRH's debt is well covered by operating cash flow (245%).
Interest Coverage: TXRH's interest payments on its debt are well covered by EBIT (42.1x coverage).
What is Texas Roadhouse current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TXRH's dividend (1.69%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: TXRH's dividend (1.69%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: TXRH's dividend payments have been volatile in the past 10 years.
Growing Dividend: TXRH's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.8%), TXRH's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TXRH's dividends in 3 years are forecast to be well covered by earnings (44.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jerry Morgan (60 yo)
Mr. Gerald L. Morgan, also known as Jerry, serves as the President at Texas Roadhouse, Inc. since January 8, 2021 and also serves as its Chief Executive Officer since March 19, 2021 and serves as its Direc...
CEO Compensation Analysis
Compensation vs Market: Jerry's total compensation ($USD3.74M) is below average for companies of similar size in the US market ($USD6.40M).
Compensation vs Earnings: Insufficient data to compare Jerry's compensation with company performance.
Experienced Management: TXRH's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Experienced Board: TXRH's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Texas Roadhouse, Inc.'s employee growth, exchange listings and data sources
- Name: Texas Roadhouse, Inc.
- Ticker: TXRH
- Exchange: NasdaqGS
- Founded: 1993
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: US$6.614b
- Shares outstanding: 69.83m
- Website: https://www.texasroadhouse.com
Number of Employees
- Texas Roadhouse, Inc.
- 6040 Dutchmans Lane
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/26 22:21|
|End of Day Share Price||2021/09/24 00:00|
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.