$7.49
-4.1%Bloomin' Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. The company operates through two segments, U.S. and International. Its restaurant portfolio has four concepts, including Outback Steakhouse, a casual steakhouse restaurant; Carrabba's Italian Grill, a casual Italian restaurant; Bonefish Grill; and Fleming's Prime Steakhouse & Wine Bar, a contemporary steakhouse. As of December 26, 2021, the company owned and operated 1,013 full-service restaurants and franchised 157 restaurants across 47 states; and 156 full-service restaurants and franchised 172 restaurants across 17 countries and Guam. The company was founded in 1988 and is based in Tampa, Florida.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $553.4M | $1.1B | $2.2B | $4.4B | $8.9B | $17.7B | $35.4B | $70.8B | $141.7B | $283.3B |
| Maintenance CapEx | -$72.0M | -$143.9M | -$287.9M | -$575.8M | -$1.2B | -$2.3B | -$4.6B | -$9.2B | -$18.4B | -$36.8B |
| Owner Earnings | $481.4M | $962.8M | $1.9B | $3.9B | $7.7B | $15.4B | $30.8B | $61.6B | $123.2B | $246.5B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $445.8M | $825.5M | $1.5B | $2.8B | $5.2B | $9.7B | $18.0B | $33.3B | $61.7B | $114.2B |
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