First Watch Restaurant Gr... (FWRG)
First Watch Restaurant Statistics
Share Statistics
First Watch Restaurant has 60.7M shares outstanding. The number of shares has increased by 1.1% in one year.
| Shares Outstanding | 60.7M |
| Shares Change (YoY) | 1.1% |
| Shares Change (QoQ) | 0.26% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 39.79M |
| Failed to Deliver (FTD) Shares | 395 |
| FTD / Avg. Volume | 0.06% |
Short Selling Information
The latest short interest is 5.01M, so 8.26% of the outstanding shares have been sold short.
| Short Interest | 5.01M |
| Short % of Shares Out | 8.26% |
| Short % of Float | 12.41% |
| Short Ratio (days to cover) | 10.49 |
Valuation Ratios
The PE ratio is 59.11 and the forward PE ratio is 49.04. First Watch Restaurant's PEG ratio is -2.12.
| PE Ratio | 59.11 |
| Forward PE | 49.04 |
| PS Ratio | 1.1 |
| Forward PS | 0.5 |
| PB Ratio | 1.88 |
| P/FCF Ratio | -91.12 |
| PEG Ratio | -2.12 |
Enterprise Valuation
First Watch Restaurant Group Inc. has an Enterprise Value (EV) of 1.75B.
| EV / Earnings | 92.68 |
| EV / Sales | 1.73 |
| EV / EBITDA | 17.83 |
| EV / EBIT | 45.08 |
| EV / FCF | -142.87 |
Financial Position
The company has a current ratio of 0.4, with a Debt / Equity ratio of 1.04.
| Current Ratio | 0.4 |
| Quick Ratio | 0.36 |
| Debt / Equity | 1.04 |
| Total Debt / Capitalization | 51.03 |
| Cash Flow / Debt | 0.19 |
| Interest Coverage | 3.08 |
Financial Efficiency
Return on equity (ROE) is 0.03% and return on capital (ROIC) is 2.16%.
| Return on Equity (ROE) | 0.03% |
| Return on Assets (ROA) | 0.01% |
| Return on Capital (ROIC) | 2.16% |
| Revenue Per Employee | $67,727.33 |
| Profits Per Employee | $1,261.67 |
| Employee Count | 15,000 |
| Asset Turnover | 0.67 |
| Inventory Turnover | 36.47 |
Taxes
| Income Tax | 9.1M |
| Effective Tax Rate | 0.32 |
Stock Price Statistics
The stock price has increased by -31.64% in the last 52 weeks. The beta is 0.91, so First Watch Restaurant's price volatility has been higher than the market average.
| Beta | 0.91 |
| 52-Week Price Change | -31.64% |
| 50-Day Moving Average | 19.31 |
| 200-Day Moving Average | 17.61 |
| Relative Strength Index (RSI) | 40.28 |
| Average Volume (20 Days) | 611.1K |
Income Statement
In the last 12 months, First Watch Restaurant had revenue of 1.02B and earned 18.93M in profits. Earnings per share was 0.31.
| Revenue | 1.02B |
| Gross Profit | 792.81M |
| Operating Income | 38.91M |
| Net Income | 18.93M |
| EBITDA | 98.38M |
| EBIT | 38.91M |
| Earnings Per Share (EPS) | 0.31 |
Balance Sheet
The company has 33.31M in cash and 620.51M in debt, giving a net cash position of -587.2M.
| Cash & Cash Equivalents | 33.31M |
| Total Debt | 620.51M |
| Net Cash | -587.2M |
| Retained Earnings | -53.82M |
| Total Assets | 1.51B |
| Working Capital | -82.6M |
Cash Flow
In the last 12 months, operating cash flow was 115.67M and capital expenditures -127.95M, giving a free cash flow of -12.28M.
| Operating Cash Flow | 115.67M |
| Capital Expenditures | -127.95M |
| Free Cash Flow | -12.28M |
| FCF Per Share | -0.2 |
Margins
Gross margin is 78.04%, with operating and profit margins of 3.83% and 1.86%.
| Gross Margin | 78.04% |
| Operating Margin | 3.83% |
| Pretax Margin | 2.76% |
| Profit Margin | 1.86% |
| EBITDA Margin | 9.68% |
| EBIT Margin | 3.83% |
| FCF Margin | -1.21% |
Dividends & Yields
FWRG does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 1.84% |
| FCF Yield | -1.2% |
Analyst Forecast
The average price target for FWRG is $21, which is 24.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $21 |
| Price Target Difference | 24.8% |
| Analyst Consensus | Buy |
| Analyst Count | 10 |
Scores
| Altman Z-Score | 1.34 |
| Piotroski F-Score | 4 |