Biglari Holdings
Market Cap
US$471.9m
Last Updated
2021/03/08 23:48 UTC
Data Sources
Company Financials
Executive Summary
Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with mediocre balance sheet.
Similar Companies
Share Price & News
How has Biglari Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BH.A is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: BH.A's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
3.5%
BH.A
-3.1%
US Hospitality
-4.0%
US Market
1 Year Return
45.9%
BH.A
62.1%
US Hospitality
46.6%
US Market
Return vs Industry: BH.A matched the US Hospitality industry which returned 41% over the past year.
Return vs Market: BH.A exceeded the US Market which returned 36.2% over the past year.
Shareholder returns
| BH.A | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.5% | -3.1% | -4.0% |
| 30 Day | 25.1% | 4.3% | -4.1% |
| 90 Day | 25.9% | 14.0% | 3.3% |
| 1 Year | 45.9%45.9% | 63.6%62.1% | 49.8%46.6% |
| 3 Year | n/a | 9.6%3.2% | 47.8%38.4% |
| 5 Year | n/a | 66.1%49.7% | 116.6%92.6% |
Long-Term Price Volatility Vs. Market
How volatile is Biglari Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
The Biglari Holdings (NYSE:BH.A) Share Price Has Gained 41% And Shareholders Are Hoping For More3 weeks ago | Simply Wall St
What Is The Ownership Structure Like For Biglari Holdings Inc. (NYSE:BH.A)?1 month ago | Simply Wall St
We Like These Underlying Trends At Biglari Holdings (NYSE:BH.A)Valuation
Is Biglari Holdings undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BH.A ($740) is trading below our estimate of fair value ($3629.79)
Significantly Below Fair Value: BH.A is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BH.A is unprofitable, so we can't compare its PE Ratio to the US Hospitality industry average.
PE vs Market: BH.A is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BH.A's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BH.A is good value based on its PB Ratio (0.8x) compared to the US Hospitality industry average (3.7x).
Next Steps
Future Growth
How is Biglari Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
67.6%
Forecasted Consumer Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Biglari Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Biglari Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Biglari Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Services industry.
Past Performance
How has Biglari Holdings performed over the past 5 years?
-31.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BH.A is currently unprofitable.
Growing Profit Margin: BH.A is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BH.A is unprofitable, and losses have increased over the past 5 years at a rate of 31.1% per year.
Accelerating Growth: Unable to compare BH.A's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BH.A is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-39.6%).
Return on Equity
High ROE: BH.A has a negative Return on Equity (-6.73%), as it is currently unprofitable.
Next Steps
Financial Health
How is Biglari Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: BH.A's short term assets ($147.8M) do not cover its short term liabilities ($288.4M).
Long Term Liabilities: BH.A's short term assets ($147.8M) do not cover its long term liabilities ($164.7M).
Debt to Equity History and Analysis
Debt Level: BH.A's debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: BH.A's debt to equity ratio has reduced from 46% to 27% over the past 5 years.
Debt Coverage: BH.A's debt is well covered by operating cash flow (77.2%).
Interest Coverage: BH.A is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Biglari Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BH.A's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BH.A's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BH.A's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BH.A's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BH.A's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
11.9yrs
Average board tenure
CEO
Sardar Biglari (42 yo)
11.17yrs
Tenure
US$900,000
Compensation
Mr. Sardar Biglari, CFA, serves as the Principal, Chairman of the Board of Directors and Chief Executive Officer of Biglari Capital Corp. since its inception in 2000. Mr. Biglari serves as an Editor-in-Chi...
CEO Compensation Analysis
Compensation vs Market: Sardar's total compensation ($USD900.00K) is below average for companies of similar size in the US market ($USD1.49M).
Compensation vs Earnings: Sardar's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 11.17yrs | US$900.00k | 0.00016% $ 755.1 | |
| Independent Director | 19.17yrs | US$72.50k | 0.025% $ 116.3k | |
| Vice Chairman of the Board | 11.92yrs | US$254.50k | 0.36% $ 1.7m | |
| Independent Director | 10.42yrs | US$82.50k | 0.015% $ 73.0k | |
| Independent Director | 1.42yrs | US$10.00k | 0.0097% $ 45.6k |
11.9yrs
Average Tenure
75yo
Average Age
Experienced Board: BH.A's board of directors are seasoned and experienced ( 11.9 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Biglari Holdings Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Biglari Holdings Inc.
- Ticker: BH.A
- Exchange: NYSE
- Founded: 1934
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: US$471.940m
- Shares outstanding: 620.59k
- Website: https://www.biglariholdings.com
Number of Employees
Location
- Biglari Holdings Inc.
- 17802 IH 10 West
- Suite 400
- San Antonio
- Texas
- 78257
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BH | NYSE (New York Stock Exchange) | Class B Common Stock | US | USD | May 2018 | |
| BH.A | NYSE (New York Stock Exchange) | Yes | Class A common stock | US | USD | May 2018 |
Biography
Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. The company owns, operates, and franchises restaurants under the Steak n Shake and Weste...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 23:48 |
| End of Day Share Price | 2021/03/08 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.