First Watch Restaurant Group, Inc.

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.

At a Glance

Live Snapshot
Market Cap$649.12M
EPS0.3200
P/E Ratio32.91
Earnings Date08/04/2026

fwrg

Total Non-Current Assets

Last Annual Value

1.69B

3-Year CAGR

18%

5-Year CAGR

12%

10-Year CAGR

10%

First Watch Restaurant Group, Inc.

First Watch Restaurant Group, Inc. Competitors Analysis of Total Non-Current Assets

FWRG · NASDAQ
CompanyTotal Non-Current Assets
CAGR 3Y
CAGR 5Y
CAGR 10Y
1.69B
12.3%11.6%N/A 
1.85B
-1.5%-1.9%4.9%
1.05B
-25.1%-22.5%-1.3%
926.01M
-14.4%3.2%19.8%
LGIH logo
LGI Homes, Inc.
NASDAQ:LGIH
129.07M
-15.0%-3.9%15.6%
991.67M
-4.5%1.0%4.6%
674.48M
-1.1%-1.6%-3.6%
658.45M
4.3%20.8%N/A
XPEL logo
XPEL, Inc.
NASDAQ:XPEL
160.49M
15.0%14.4%37.1%
First Watch Restaurant Group, Inc.

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..

Intrinsic Value
Current Price: $10.53