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Consumer Cyclical - Restaurants - NYSE - US
$ 219.61
-1.6 %
$ 678 M
Market Cap
-80.79
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one BH stock under the worst case scenario is HIDDEN Compared to the current market price of 220 USD, Biglari Holdings Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one BH stock under the base case scenario is HIDDEN Compared to the current market price of 220 USD, Biglari Holdings Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one BH stock under the best case scenario is HIDDEN Compared to the current market price of 220 USD, Biglari Holdings Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart BH

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$270.0$270.0$260.0$260.0$250.0$250.0$240.0$240.0$230.0$230.0$220.0$220.0$210.0$210.0$200.0$200.0$190.0$190.0$180.0$180.0$170.0$170.0Nov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 Apr
FINANCIALS
362 M REVENUE
-0.88%
23.1 M OPERATING INCOME
-41.31%
-3.76 M NET INCOME
-6.84%
49.7 M OPERATING CASH FLOW
-31.97%
-87.4 M INVESTING CASH FLOW
-32.25%
39.5 M FINANCING CASH FLOW
344.76%
91.1 M REVENUE
0.78%
0 OPERATING INCOME
0.00%
-10.3 M NET INCOME
-31.98%
18 M OPERATING CASH FLOW
67.32%
-52.5 M INVESTING CASH FLOW
-242.28%
34.6 M FINANCING CASH FLOW
357.87%
Balance Sheet Biglari Holdings Inc.
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Current Assets 171 M
Cash & Short-Term Investments 30.7 M
Receivables 25.2 M
Other Current Assets 115 M
Non-Current Assets 696 M
Long-Term Investments 202 M
PP&E 410 M
Other Non-Current Assets 83.6 M
3.55 %2.91 %13.25 %23.29 %47.36 %9.65 %Total Assets$866.1m
Current Liabilities 147 M
Accounts Payable 28.5 M
Short-Term Debt 49.4 M
Other Current Liabilities 69.3 M
Non-Current Liabilities 146 M
Long-Term Debt 10 M
Other Non-Current Liabilities 136 M
9.74 %16.87 %23.65 %3.41 %46.34 %Total Liabilities$293.2m
EFFICIENCY
Earnings Waterfall Biglari Holdings Inc.
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Revenue 362 M
Cost Of Revenue 223 M
Gross Profit 139 M
Operating Expenses 116 M
Operating Income 23.1 M
Other Expenses 26.9 M
Net Income -3.76 M
400m400m350m350m300m300m250m250m200m200m150m150m100m100m50m50m00(50m)(50m)362m(223m)139m(116m)23m(27m)(4m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
38.28% GROSS MARGIN
38.28%
6.38% OPERATING MARGIN
6.38%
-1.04% NET MARGIN
-1.04%
-0.43% ROE
-0.43%
-0.43% ROA
-0.43%
1.39% ROIC
1.39%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Biglari Holdings Inc.
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180m180m160m160m140m140m120m120m100m100m80m80m60m60m40m40m20m20m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -3.76 M
Depreciation & Amortization 39.8 M
Capital Expenditures -30.6 M
Stock-Based Compensation 0
Change in Working Capital 0
Others 20.3 M
Free Cash Flow 19.1 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Biglari Holdings Inc.
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BH has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership Biglari Holdings Inc.
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Sold
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9-12 MONTHS
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Bought
0 USD 0
0-3 MONTHS
15.7 M USD 1
3-6 MONTHS
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6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
BIGLARI HOLDINGS INC. NEWS RELEASE San Antonio, TX , March 1, 2025 /PRNewswire/ -- Biglari Holdings Inc.'s (NYSE: BH.A; BH) 2024 Annual Report to the shareholders has been posted on the Internet, where it can be accessed at www.biglariholdings.com. The report includes Sardar Biglari's annual letter to shareholders. prnewswire.com - 2 months ago
AM Best Places Credit Ratings of First Guard Insurance Company Under Review With Developing Implications OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with developing implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of First Guard Insurance Company (First Guard) (Scottsdale, AZ). First Guard is a subsidiary of Biglari Holdings Inc. [NYSE: BH]. The Credit Ratings (ratings) of First Guard have been placed under review with developing implications following the approval of a reinsurance agreement submitted to the. businesswire.com - 3 months ago
Cracker Barrel Board Continues to Misrepresent, says Biglari Capital Corp. San Antonio, TX, Nov. 19, 2024 /PRNewswire/ -- Biglari Capital Corp. today issued the following news release regarding Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) As we quickly approach the 2024 Annual Meeting on Thursday, November 21 st, Cracker Barrel continues to mislead investors. Stockholders do not need to read between the lines, they only need to read the Company's actual lines. prnewswire.com - 5 months ago
Biglari Capital Responds to Cracker Barrel's Preliminary Q1 2025 Announcement San Antonio, TX , Nov. 14, 2024 /PRNewswire/ -- Biglari Capital Corp. today issued the following response to Cracker Barrel Old Country Store, Inc.'s (NASDAQ: CBRL ) first quarter 2025 earnings announcement. Cracker Barrel's preliminary Q1 2025 earnings announcement reinforces our concerns that the Company is on the wrong track. prnewswire.com - 5 months ago
Biglari Capital Corp. Issues Letter to Shareholders of Cracker Barrel Old Country Store, Inc. San Antonio, TX , Nov. 13, 2024 /PRNewswire/ -- Biglari Capital Corp. today issued the following letter to shareholders of Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL ). See below for the shareholder letter in its original form. prnewswire.com - 5 months ago
Independent Proxy Advisory Firms ISS and Glass Lewis Agree Biglari Capital Has Made Compelling Case for Change at Cracker Barrel Glass Lewis Recommends that Shareholders Vote FOR Two of Biglari Capital's Nominees and ISS Recommends Shareholders Vote FOR One of Biglari Capital's Nominees Incumbent Directors Carl Berquist and Meg Crofton Have Overseen Observably Poor Performance and Significant Shareholder Value Destruction ISS and Glass Lewis Both Cite Substantial Analyst Concern Over the Company's Costly Transformation Plan Biglari Capital Urges Shareholders to Vote the GOLD Proxy Card for All Three of Its Director Nominees.  San Antonio, TX, Nov. 12, 2024 /PRNewswire/ -- Biglari Capital Corp. today issued the following letter to shareholders of Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL). prnewswire.com - 5 months ago
ISS Recommends Shareholders Vote on Cracker Barrel's WHITE Proxy Card and "WITHHOLD" on Milena Alberti-Perez and Sardar Biglari ISS Cites Alberti-Perez's Lack of Relevant Experience and Biglari's Poor Governance Track Record; Has Recommended Against Biglari Every Time He Has Nominated Himself at Cracker Barrel  Glass Lewis Also Recommends Shareholders "WITHHOLD" on Sardar Biglari Cracker Barrel Urges Shareholders to Vote "FOR ONLY" its 10 Recommended Nominees on the WHITE Proxy Card LEBANON, Tenn. , Nov. 11, 2024 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today announced that Institutional Shareholder Services ("ISS"), a leading independent proxy advisory firm, has recommended that Cracker Barrel shareholders vote on the Company's WHITE proxy card and "WITHHOLD" support for Milena Alberti-Perez and Sardar Biglari in connection with the Company's 2024 Annual Meeting of Shareholders ("Annual Meeting"), scheduled to be held on November 21, 2024. prnewswire.com - 5 months ago
Biglari Capital Corp. Issues Letter to Shareholders of Cracker Barrel Old Country Store, Inc. San Antonio, TX , Oct. 8, 2024 /PRNewswire/ -- Biglari Capital Corp. today issued the following letter to shareholders of Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL).  See below for the shareholder letter in its original form. prnewswire.com - 6 months ago
Biglari Holdings Inc. News Release San Antonio, TX , Aug. 9, 2024 /PRNewswire/ -- Biglari Holdings Inc. (NYSE: BH.A; BH) announces its results for the second quarter and first six months of 2024. Biglari Holdings Inc.'s earnings for the second quarter and first six months of 2024 and 2023 are summarized below. prnewswire.com - 8 months ago
BIGLARI HOLDINGS INC. NEWS RELEASE San Antonio, TX , May 10, 2024 /PRNewswire/ -- Biglari Holdings Inc. (NYSE: BH.A; BH) announces its results for the first quarter of 2024. Biglari Holdings Inc.'s earnings for the first quarter of 2024 and 2023 are summarized below. prnewswire.com - 11 months ago
Biglari Holdings Inc. Secures Oil And Gas Development Deal Abraxas Petroleum has entered into a purchase/royalty-based arrangement with a third party company to conduct exploration and development activities on its Delaware Basin properties. Abraxas Petroleum's proved developed non-producing and proved undeveloped reserves are currently carried at $0 on the balance sheet. Development activities will allow Abraxas to establish their proportional share of proved undeveloped reserves on the balance sheet over time as well as provide for ongoing royalty payments. seekingalpha.com - 1 year ago
BIGLARI HOLDINGS INC. NEWS RELEASE SAN ANTONIO , Nov. 3, 2023 /PRNewswire/ -- Biglari Holdings Inc. (NYSE: BH.A; BH) announces its results for the third quarter and first nine months of 2023. Biglari Holdings Inc.'s earnings for the third quarter and first nine months of 2023 and 2022 are summarized below. prnewswire.com - 1 year ago
8. Profile Summary

Biglari Holdings Inc. BH

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COUNTRY US
INDUSTRY Restaurants
MARKET CAP $ 678 M
Dividend Yield 0.00%
Description Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. As of December 31, 2021, it operated 199 Steak n Shake company-operated restaurants, 159 franchise partner units, and 178 traditional franchise units, as well as 3 Western Sizzlin company-operated restaurants and 38 franchised units. The company also engages in underwriting commercial trucking insurance; selling physical damage and non-trucking liability insurance to truckers; and providing property and casualty insurance. In addition, it operates oil and natural gas properties in the Gulf of Mexico; and publishes and sells magazines and related publishing products under the MAXIM brand name. Further, it licenses media products and services; and engages in the investment activities. The company was formerly known as The Steak n Shake Company and changed its name to Biglari Holdings Inc. in April 2010. Biglari Holdings Inc. was founded in 1934 and is based in San Antonio, Texas.
Contact 17802 IH 10 West, San Antonio, TX, 78257 https://www.biglariholdings.com
IPO Date March 17, 1980
Employees 2535
Officers Mr. Bruce W. Lewis Controller Mr. Sardar Biglari C.F.A. Chairman & Chief Executive Officer