FWRG Relative Valuation
FWRG's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, FWRG is overvalued; if below, it's undervalued.
Historical Valuation
First Watch Restaurant Group Inc (FWRG) is now in the Fair zone, suggesting that its current forward PE ratio of 52.80 is considered Fairly compared with the five-year average of 66.31. The fair price of First Watch Restaurant Group Inc (FWRG) is between 7.00 to 34.07 according to relative valuation methord.
Relative Value
Fair Zone
7.00-34.07
Current Price：17.98
Fair
53.27
PE
1Y
3Y
5Y
Trailing
Forward
14.39
EV/EBITDA
First Watch Restaurant Group Inc. (FWRG) has a current EV/EBITDA of 14.39. The 5-year average EV/EBITDA is 16.79. The thresholds are as follows: Strongly Undervalued below 9.94, Undervalued between 9.94 and 13.36, Fairly Valued between 20.22 and 13.36, Overvalued between 20.22 and 23.65, and Strongly Overvalued above 23.65. The current Forward EV/EBITDA of 14.39 falls within the Historic Trend Line -Fairly Valued range.
43.38
EV/EBIT
First Watch Restaurant Group Inc. (FWRG) has a current EV/EBIT of 43.38. The 5-year average EV/EBIT is 52.60. The thresholds are as follows: Strongly Undervalued below -17.84, Undervalued between -17.84 and 17.38, Fairly Valued between 87.82 and 17.38, Overvalued between 87.82 and 123.04, and Strongly Overvalued above 123.04. The current Forward EV/EBIT of 43.38 falls within the Historic Trend Line -Fairly Valued range.
0.80
PS
First Watch Restaurant Group Inc. (FWRG) has a current PS of 0.80. The 5-year average PS is 1.09. The thresholds are as follows: Strongly Undervalued below 0.60, Undervalued between 0.60 and 0.84, Fairly Valued between 1.33 and 0.84, Overvalued between 1.33 and 1.58, and Strongly Overvalued above 1.58. The current Forward PS of 0.80 falls within the Undervalued range.
7.88
P/OCF
First Watch Restaurant Group Inc. (FWRG) has a current P/OCF of 7.88. The 5-year average P/OCF is 11.19. The thresholds are as follows: Strongly Undervalued below 5.65, Undervalued between 5.65 and 8.42, Fairly Valued between 13.96 and 8.42, Overvalued between 13.96 and 16.72, and Strongly Overvalued above 16.72. The current Forward P/OCF of 7.88 falls within the Undervalued range.
-87.11
P/FCF
First Watch Restaurant Group Inc. (FWRG) has a current P/FCF of -87.11. The 5-year average P/FCF is -17.46. The thresholds are as follows: Strongly Undervalued below -419.99, Undervalued between -419.99 and -218.72, Fairly Valued between 183.81 and -218.72, Overvalued between 183.81 and 385.07, and Strongly Overvalued above 385.07. The current Forward P/FCF of -87.11 falls within the Historic Trend Line -Fairly Valued range.
First Watch Restaurant Group Inc (FWRG) has a current Price-to-Book (P/B) ratio of 1.80. Compared to its 3-year average P/B ratio of 1.90 , the current P/B ratio is approximately -5.00% higher. Relative to its 5-year average P/B ratio of 1.91, the current P/B ratio is about -5.57% higher. First Watch Restaurant Group Inc (FWRG) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of -0.32%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 0.46% , the current FCF yield is about -100.00% lower.
1.82
P/B
Median3y
1.90
Median5y
1.91
-2.78
FCF Yield
Median3y
-0.32
Median5y
0.46
Competitors Valuation Multiple
The average P/S ratio for FWRG's competitors is , providing a benchmark for relative valuation. First Watch Restaurant Group Inc Corp (FWRG) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 25.60%, this premium appears sustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of FWRG decreased by 2.79% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 251.61M to 316.02M.
The secondary factor is the Margin Expansion, contributed 13.10%to the performance.
Overall, the performance of FWRG in the past 1 year is driven by Revenue Growth. Which is more sustainable.
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