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Biglari Holdings Inc. Class B

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BH : NYSE :
$138.00 up 0.60 | 0.44%
Today's Range: 136.24 - 138.87
Avg. Daily Volume: 0
08/18/22 - 3:31 PM ET
Rating Summary Rating Detail Financial Analysis Peer Group

Financial Analysis


BIGLARI HOLDINGS INC's gross profit margin for the second quarter of its fiscal year 2022 is essentially unchanged when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. BIGLARI HOLDINGS INC has average liquidity. Currently, the Quick Ratio is 1.01 which shows that technically this company has the ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.

During the same period, stockholders' equity ("net worth") has decreased by 17.56% from the same quarter last year. Together, the key liquidity measurements indicate that it is relatively unlikely that the company will face financial difficulties in the near future.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q2 FY22 Q2 FY21
Net Sales ($mil)92.3790.79
EBITDA ($mil)21.5217.58
EBIT ($mil)13.7210.2
Net Income ($mil)-73.78-20.74


Balance Sheet Q2 FY22 Q2 FY21
Cash & Equiv. ($mil)112.28124.31
Total Assets ($mil)773.35933.9
Total Debt ($mil)116.41122.38
Equity ($mil)505.74613.49


Profitability Q2 FY22 Q2 FY21
Gross Profit Margin41.2539.66
EBITDA Margin23.2919.36
Operating Margin14.8511.24
Sales Turnover0.460.41
Return on Assets-11.5811.6
Return on Equity-17.7117.67
Debt Q2 FY22 Q2 FY21
Current Ratio1.091.07
Debt/Capital0.190.17
Interest Expense1.391.54
Interest Coverage9.96.64


Share Data Q2 FY22 Q2 FY21
Shares outstanding (mil)0.620.62
Div / share0.00.0
EPS-244.37-64.04
Book value / share814.39987.91
Institutional Own % n/a n/a
Avg Daily Volume3267.03738.0

Valuation


HOLD. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. For additional comparison, its price-to-book ratio of 0.16 indicates a significant discount versus the S&P 500 average of 4.08 and a significant discount versus the subsector average of 10.53. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. After reviewing these and other key valuation criteria, BIGLARI HOLDINGS INC proves to trade at a discount to investment alternatives.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
BH NM Peers 35.93   BH 1.07 Peers 24.66

Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.

BH's P/E is negative making this valuation measure meaningless.

 

Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

BH is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
BH NA Peers 29.51   BH NA Peers 2.42

Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential.

Ratio not available.

 

Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

Ratio not available.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
BH 0.16 Peers 10.53   BH -189.99 Peers 63.03

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

BH is trading at a significant discount to its peers.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, BH is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
BH 0.23 Peers 5.21   BH -7.19 Peers 15.24

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

BH is trading at a significant discount to its subsector on this measurement.

 

Lower. A sales growth rate that trails the subsector implies that a company is losing market share.

BH significantly trails its peers on the basis of sales growth.

 

 

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