BH-ABiglari Holdings Inc.
Is the price fair?
Priced for +8% a year vs +3% a year delivered. That is the only one of 3 checks this filer's data supports, so take it as a single data point rather than a settled answer.
Priced for ~8% a year FCF growth. The price demands more than its three-year revenue growth of 3% a year, priced for acceleration.
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What BH-A's price assumes
Today's price asks for 7.7% free cash flow growth a year; over the last three years Biglari Holdings Inc. delivered −21%, the price is ahead of the record.
Price / sales · no P/E: the last twelve months did not end in a profit
- Free cash flow yield
- 4.3%
Free cash flow yield · Restaurants median 4.3%
- Growth the price implies
- +7.7%
Growth the price implies · The price pays for +7.7% free cash flow growth a year for a decade; the business has delivered −21% a year over the last three.
- Price / book
- 0.71
Price / book · as of 2026-Q1
Details›
- Price / bookas of 2026-Q1
- 0.71
- EV / EBIToperating margin −8.5%: the multiple describes the denominator
- not meaningful
- EV / salesas of 2026-Q1
- 1.32
- Free cash flow, trailing twelve months
- $50M
- Market capitalisation
- $1.18B
- 3-year revenue growth
- +2.7%
- 3-year free cash flow growth
- −21%
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.