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Market Cap

US$245.8m

Last Updated

2021/05/10 00:22 UTC

Data Sources

Company Financials +

Executive Summary

Waitr Holdings Inc., together with its subsidiaries, operates an online ordering technology platform in the United States. More Details


Snowflake Analysis

Undervalued with mediocre balance sheet.


Similar Companies

Share Price & News

How has Waitr Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WTRH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: WTRH's weekly volatility (10%) has been stable over the past year.


Market Performance


7 Day Return

-13.4%

WTRH

-4.2%

US Online Retail

0.2%

US Market


1 Year Return

-18.1%

WTRH

37.4%

US Online Retail

49.9%

US Market

Return vs Industry: WTRH underperformed the US Online Retail industry which returned 37.3% over the past year.

Return vs Market: WTRH underperformed the US Market which returned 49.9% over the past year.


Shareholder returns

WTRHIndustryMarket
7 Day-13.4%-4.2%0.2%
30 Day-24.2%-2.6%1.5%
90 Day-45.7%-9.8%3.3%
1 Year-18.1%-18.1%37.5%37.4%52.4%49.9%
3 Yearn/a69.2%69.1%63.7%53.4%
5 Yearn/a277.4%276.9%130.6%104.9%

Long-Term Price Volatility Vs. Market

How volatile is Waitr Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Waitr 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: WTRH ($2.13) is trading below our estimate of fair value ($6.77)

Significantly Below Fair Value: WTRH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: WTRH is good value based on its PE Ratio (16x) compared to the US Online Retail industry average (32.6x).

PE vs Market: WTRH is good value based on its PE Ratio (16x) compared to the US market (20.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: WTRH is good value based on its PB Ratio (2.5x) compared to the US Online Retail industry average (4.5x).


Future Growth

How is Waitr Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

-8.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WTRH's earnings are forecast to decline over the next 3 years (-8.5% per year).

Earnings vs Market: WTRH's earnings are forecast to decline over the next 3 years (-8.5% per year).

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

Revenue vs Market: WTRH's revenue (6.4% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: WTRH's revenue (6.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WTRH's Return on Equity is forecast to be low in 3 years time (8.5%).


Past Performance

How has Waitr Holdings performed over the past 5 years?

-25.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WTRH has a large one-off loss of $5.1M impacting its March 31 2021 financial results.

Growing Profit Margin: WTRH became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: WTRH has become profitable over the past 5 years, growing earnings by -25% per year.

Accelerating Growth: WTRH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: WTRH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Online Retail industry (76.3%).


Return on Equity

High ROE: WTRH's Return on Equity (14.6%) is considered low.


Financial Health

How is Waitr Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: WTRH's short term assets ($78.6M) exceed its short term liabilities ($45.5M).

Long Term Liabilities: WTRH's short term assets ($78.6M) do not cover its long term liabilities ($103.0M).


Debt to Equity History and Analysis

Debt Level: WTRH's debt to equity ratio (84%) is considered high.

Reducing Debt: Insufficient data to determine if WTRH's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: WTRH's debt is well covered by operating cash flow (54.2%).

Interest Coverage: WTRH's interest payments on its debt are well covered by EBIT (3.4x coverage).


Balance Sheet


Dividend

What is Waitr Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate WTRH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WTRH'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 WTRH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WTRH'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 WTRH'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?

1.2yrs

Average management tenure


CEO

Carl Grimstad (52 yo)

1.33yrs

Tenure

Mr. Carl A. Grimstad has been Chief Executive Officer and Director of Waitr Holdings Inc. since January 3, 2020 and also serves as its Chairman since March 3, 2020. Mr. Grimstad is the chief manager of C. ...


Leadership Team

Experienced Management: WTRH's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: WTRH's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 26.9%.


Top Shareholders

Company Information

Waitr Holdings Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Waitr Holdings Inc.
  • Ticker: WTRH
  • Exchange: NasdaqGS
  • Founded: 2013
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: US$245.782m
  • Shares outstanding: 115.39m
  • Website: https://www.waitrapp.com

Number of Employees


Location

  • Waitr Holdings Inc.
  • 214 Jefferson Street
  • Suite 200
  • Lafayette
  • Louisiana
  • 70501
  • United States

Listings


Biography

Waitr Holdings Inc., together with its subsidiaries, operates an online ordering technology platform in the United States. Its Waitr and Bite Squad mobile applications (the platforms) provide delivery, car...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/10 00:22
End of Day Share Price2021/05/07 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.