FWRG - NASDAQ

First Watch Restaurant Group, Inc.

FWRG·NASDAQ

$10.53

+0.86%

Consumer CyclicalRestaurants

First Watch Restaurant Group, Inc. operates and franchises restaurants under the First Watch trade name. As of March 23, 2022, it operated 341 company-owned restaurants and 94 franchised restaurants in 28 states in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. First Watch Restaurant Group, Inc. was founded in 1983 and is headquartered in Bradenton, Florida.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$649.12M

EPS0.3200

P/E Ratio32.91

Earnings Date08/04/2026

fwrg

Other Current Assets

Last Annual Value

13.80M

3-Year CAGR

181%

5-Year CAGR

74%

10-Year CAGR

12%

Adjust for Inflation

First Watch Restaurant Group, Inc. Competitors Analysis of Other Current Assets

FWRG · NASDAQ

Company	Other Current Assets	CAGR 3Y	CAGR 5Y	CAGR 10Y
First Watch Restaurant Group, Inc. NASDAQ:FWRG	13.80M	63.6%	52.3%	N/A
Cracker Barrel Old Country Store, Inc. NASDAQ:CBRL	0.00	N/A	N/A	N/A
Cannae Holdings, Inc. NYSE:CNNE	25.70M	-4.5%	-6.4%	1.7%
Fox Factory Holding Corp. NASDAQ:FOXF	108.42M	79.9%	59.6%	22.1%
LGI Homes, Inc. NASDAQ:LGIH	0.00	N/A	N/A	N/A
BJ's Restaurants, Inc. NASDAQ:BJRI	-31.50M	N/A	N/A	N/A
Biglari Holdings Inc. NYSE:BH	9.77M	76.0%	24.8%	8.4%
Sweetgreen, Inc. NYSE:SG	32.93M	64.1%	192.0%	N/A
XPEL, Inc. NASDAQ:XPEL	6.65M	23.5%	620.3%	N/A

First Watch Restaurant Group, Inc. Fair Value Envelope

FWRG · NASDAQ

Our analysis suggests that FWRG has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $10.53, this represents a potential HIDDEN relative to our calculated worth for First Watch Restaurant Group, Inc..

HIDDEN

Intrinsic Value

Current Price: $10.53

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