FWRG - NASDAQ

First Watch Restaurant Group, Inc.

FWRG·NASDAQ

$10.44

+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$643.57M

EPS0.3200

P/E Ratio48.41

Earnings Date08/04/2026

fwrg

Income Before Tax

Last Annual Value

12.13M

3-Year CAGR

-1%

5-Year CAGR

17%

10-Year CAGR

11%

Adjust for Inflation

First Watch Restaurant Group, Inc. Competitors Analysis of Income Before Tax

FWRG · NASDAQ

Company	Income Before Tax	CAGR 3Y	CAGR 5Y	CAGR 10Y
First Watch Restaurant Group, Inc. NASDAQ:FWRG	12.13M	-30.5%	101.0%	N/A
Cracker Barrel Old Country Store, Inc. NASDAQ:CBRL	37.73M	-28.6%	-34.4%	-17.8%
Cannae Holdings, Inc. NYSE:CNNE	-414.00M	N/A	N/A	N/A
Fox Factory Holding Corp. NASDAQ:FOXF	-576.29M	N/A	N/A	N/A
LGI Homes, Inc. NASDAQ:LGIH	98.49M	-27.8%	-28.9%	-1.4%
BJ's Restaurants, Inc. NASDAQ:BJRI	47.23M	67.2%	N/A	-2.5%
Biglari Holdings Inc. NYSE:BH	-47.69M	N/A	N/A	N/A
Sweetgreen, Inc. NYSE:SG	-134.02M	N/A	N/A	N/A
XPEL, Inc. NASDAQ:XPEL	64.06M	-1.0%	10.2%	35.7%

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 $10.44, this represents a potential HIDDEN relative to our calculated worth for First Watch Restaurant Group, Inc..

HIDDEN

Intrinsic Value

Current Price: $10.44

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