XNASFWRG
Market cap1.16bUSD
Jan 10, Last price
19.12USD
1D
-1.34%
1Q
36.57%
IPO
-11.07%
Name
First Watch Restaurant Group Inc
Chart & Performance
P/E
45.62
P/S
1.30
EPS
0.42
Div Yield, %
0.00%
Shrs. gr., 5y
6.33%
Rev. gr., 5y
20.58%
Revenues
892m
+22.10%
Net income
25m
+267.53%
CFO
95m
+51.48%
Earnings
May 22, 2025
Profile
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.
IPO date
Oct 01, 2021
Employees
12,000
Domiciled in
US
Incorporated in
US
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | |
| Income | ||||||
Revenues | 891,551 22.10% | 730,162 21.45% | ||||
Cost of revenue | 804,555 | 675,586 | ||||
Unusual Expense (Income) | ||||||
NOPBT | 86,996 | 54,576 | ||||
NOPBT Margin | 9.76% | 7.47% | ||||
Operating Taxes | 10,690 | 5,684 | ||||
Tax Rate | 12.29% | 10.41% | ||||
NOPAT | 76,306 | 48,892 | ||||
Net income | 25,385 267.53% | 6,907 -427.81% | ||||
Dividends | ||||||
Dividend yield | ||||||
Proceeds from repurchase of equity | 5,827 | 1,425 | ||||
BB yield | -0.47% | -0.17% | ||||
| Debt | ||||||
Debt current | 46,537 | 46,569 | ||||
Long-term debt | 1,039,130 | 865,830 | ||||
Deferred revenue | 17,166 | |||||
Other long-term liabilities | 33,129 | (13,782) | ||||
Net debt | 1,036,035 | 862,727 | ||||
| Cash flow | ||||||
Cash from operating activities | 95,338 | 62,937 | ||||
CAPEX | (84,688) | (63,330) | ||||
Cash from investing activities | (123,370) | (63,111) | ||||
Cash from financing activities | 28,070 | (2,018) | ||||
FCF | (59,287) | (8,908) | ||||
| Balance | ||||||
Cash | 49,632 | 49,672 | ||||
Long term investments | ||||||
Excess cash | 5,054 | 13,164 | ||||
Stockholders' equity | (72,815) | (97,540) | ||||
Invested Capital | 1,271,324 | 1,108,768 | ||||
ROIC | 6.41% | 4.51% | ||||
ROCE | 7.26% | 5.31% | ||||
| EV | ||||||
Common stock shares outstanding | 61,192 | 60,140 | ||||
Price | 20.10 41.45% | 14.21 -11.02% | ||||
Market cap | 1,229,951 43.92% | 854,590 -9.38% | ||||
EV | 2,265,986 | 1,717,317 | ||||
EBITDA | 128,219 | 88,806 | ||||
EV/EBITDA | 17.67 | 19.34 | ||||
Interest | 8,063 | 5,232 | ||||
Interest/NOPBT | 9.27% | 9.59% | ||||