Fiesta Restaurant Intrinsic Value Calculator – FIESTA RESTAURANT Announces Second Quarter Earnings Results for FY2023
August 23, 2023
☀️Earnings Overview
FIESTA RESTAURANT ($NASDAQ:FRGI) released their financial results for the second quarter of FY2023, which concluded on June 30 2023, on August 7 2023. The company reported a total revenue of USD 106.8 million, representing an 8.5% year-over-year increase, and net income of USD 3.9 million, indicating a 162.1% year-over-year growth.
Market Price
On Monday, FIESTA RESTAURANT announced its second-quarter earnings results for fiscal year 2023. The company’s stock opened at $8.4 and closed at $8.4, a 6.6% increase from the previous closing price of $7.9. In addition to the strong financial performance, FIESTA RESTAURANT also reported a positive outlook for the upcoming quarter. The company expects to continue its positive momentum due to a planned expansion into new markets and the launch of several new products and services. They also plan to increase their marketing efforts to further strengthen their customer base and increase their presence in the industry.
Overall, the second-quarter results from FIESTA RESTAURANT reflect a positive outlook for the future of the company. With the planned expansion and launch of new products, the company is well on its way to long-term success. Investors and customers alike should be encouraged by the news of FIESTA RESTAURANT’s strong financial performance and optimistic outlook. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Fiesta Restaurant. More…
| Total Revenues | Net Income | Net Margin |
| 403.47 | -5.07 | -1.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Fiesta Restaurant. More…
| Operations | Investing | Financing |
| 18.09 | -21.03 | -1.58 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Fiesta Restaurant. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 348.86 | 201 | 5.77 |
Key Ratios Snapshot
Some of the financial key ratios for Fiesta Restaurant are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -12.0% | -42.9% | -1.0% |
| FCF Margin | ROE | ROA |
| -0.9% | -1.8% | -0.7% |
Analysis – Fiesta Restaurant Intrinsic Value Calculator
As part of our effort to bring transparency and trust to the investing process, GoodWhale has conducted an analysis of FIESTA RESTAURANT‘s wellbeing. After a thorough review of their financials and market conditions, our proprietary Valuation Line has determined that the intrinsic value of a FIESTA RESTAURANT share is around $8.9. Currently, FIESTA RESTAURANT stock is traded at $8.4, meaning that it is currently undervalued by 5.4%. We believe that this presents a great opportunity for investors who are looking to add FIESTA RESTAURANT stock to their portfolio. More…
Peers
Fiesta Restaurant Group Inc is a publicly traded company on the Nasdaq under the ticker symbol FRGI. The company, headquartered in Addison Texas, operates and franchises Pollo Campero restaurants and Pollo Loco restaurants. As of December 31, 2015, the company owned, operated and franchised 479 Pollo Campero and Pollo Loco restaurants in the United States, Guatemala, Honduras, Nicaragua, El Salvador, Costa Rica, Panama, Colombia, Ecuador, Peru, and the Dominican Republic. Fiesta Restaurant Group, Inc. was founded in 1971 and is based in Addison, Texas.
Fiesta Restaurant Group’s main competitors are Granite City Food & Brewery Ltd, Restaurant Group (The) PLC, and Global-Dining Inc.
– Granite City Food & Brewery Ltd ($OTCPK:GCFB)
Granite City Food & Brewery Ltd is a brewpub chain with locations throughout the United States. The company was founded in St. Cloud, Minnesota in 1999. As of 2022, the company has a market cap of 5.6M and a Return on Equity of 21.92%. Granite City brews their own beer on site and offers a menu of American fare.
– Restaurant Group (The) PLC ($LSE:RTN)
The Restaurant Group PLC is a holding company that, through its subsidiaries, is engaged in the operation and franchising of restaurants. As of December 31, 2020, the Company operated approximately 500 restaurants and pub restaurants. The Company’s segments include Wagamama, Frankie & Benny’s, Garfunkel’s, Chiquito and Pubs. The Company’s brands include Wagamama, Frankie & Benny’s, Garfunkel’s, Chiquito, Coast to Coast, Firejacks, Joe’s Kitchen, Hubbox, Brunning & Price and TRG Concessions.
– Global-Dining Inc ($TSE:7625)
Global-Dining Inc is a publicly traded company with a market capitalization of 3.19 billion as of 2022. The company operates in the restaurant industry and owns and operates a number of restaurant brands. Global-Dining Inc has a return on equity of 10.65%. The company’s market capitalization and return on equity reflect its strong financial performance and position in the restaurant industry. Global-Dining Inc is a well-run company with a strong financial position and a solid track record of growth.
Summary
Investors are encouraged by the strong financial results of FIESTA RESTAURANT in the second quarter of FY2023, seeing an 8.5% increase in total revenue and a 162.1% surge in net income. The company’s stock price jumped on the same day due to the strong performance, signalling investor sentiment that the company is on an upward trajectory. It is worth noting that FIESTA RESTAURANT has seen consistent growth over the past year, and with their strong financial results, investors can expect that trend to continue.
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