BHBiglari Holdings Inc.

$383.56

Is the price fair?

What BH's price assumes

Today's price asks for 6.1% free cash flow growth a year; over the last three years Biglari Holdings Inc. delivered −21%, the price is ahead of the record.

1.73

Price / sales · no P/E: the last twelve months did not end in a profit

Free cash flow yield
4.8%

Free cash flow yield · Restaurants median 4.6%

Growth the price implies
+6.1%

Growth the price implies · The price pays for +6.1% free cash flow growth a year for a decade; the business has delivered −21% a year over the last three.

Price / book
1.32

Price / book · as of 2026-Q1

Details
Price / book2026-Q1
1.32
EV / EBIToperating margin −8.5%: the multiple describes the denominator
not meaningful
EV / sales2026-Q1
2.12
Free cash flow, trailing twelve months
$50M
Market capitalisation
$1.04B
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.