Fiesta Restaurant Intrinsic Value Calculator – FIESTA RESTAURANT Reports Second Quarter FY2023 Earnings Results
August 14, 2023
☀️Earnings Overview
FIESTA RESTAURANT ($NASDAQ:FRGI) announced its earnings results for the second quarter of FY2023, ending on June 30, 2023. The company reported total revenue of USD 106.8 million, showing an 8.5% year-over-year increase. Net income for the quarter was USD 3.9 million, with a 162.1% year-on-year growth.
Share Price
The stock opened at $8.4 and closed at $8.4, experiencing a 6.6% increase from the previous closing price of $7.9. This marked a new high, as the stock had been steadily climbing since the start of the year. FIESTA RESTAURANT attributed its strong results to its growing presence in the take-out and delivery market, along with its new menu items and promotions that helped drive traffic and revenue. Looking ahead, the company is confident that it can continue to grow and build on its success in the coming quarters. 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 | -5.03 | -1.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Fiesta Restaurant. More…
| Operations | Investing | Financing |
| 14.94 | -19.12 | -1.15 |
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 | 5.5 |
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% | -0.7% |
| FCF Margin | ROE | ROA |
| -1.4% | -1.2% | -0.5% |
Analysis – Fiesta Restaurant Intrinsic Value Calculator
At GoodWhale, we have conducted an analysis of FIESTA RESTAURANT‘s wellbeing. Our proprietary Valuation Line reveals that the intrinsic value of FIESTA RESTAURANT shares is around $9.4. Currently, FIESTA RESTAURANT shares are being traded at $8.4, which is a fair price that is undervalued by 10.5%. As such, this presents a great opportunity for investors to buy FIESTA RESTAURANT shares at a discounted price. More…
Peers
Fiesta Restaurant Group Inc is a publicly traded company on the Nasdaq under the ticker symbol FRGI. The company, headquartered in Addison Texas, operates and franchises Pollo Campero restaurants and Pollo Loco restaurants. As of December 31, 2015, the company owned, operated and franchised 479 Pollo Campero and Pollo Loco restaurants in the United States, Guatemala, Honduras, Nicaragua, El Salvador, Costa Rica, Panama, Colombia, Ecuador, Peru, and the Dominican Republic. Fiesta Restaurant Group, Inc. was founded in 1971 and is based in Addison, Texas.
Fiesta Restaurant Group’s main competitors are Granite City Food & Brewery Ltd, Restaurant Group (The) PLC, and Global-Dining Inc.
– Granite City Food & Brewery Ltd ($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 pleased with the financial results posted by FIESTA RESTAURANT for the second quarter of FY2023. Total revenue for the period was USD 106.8 million, with 8.5% year-over-year growth and net income of USD 3.9 million, a 162.1% increase from the prior year. The stock price reacted positively to the news, supporting an optimistic outlook for the company’s future prospects. Investors may want to consider FIESTA RESTAURANT as a potential long-term growth opportunity given its strong financial performance and positive market reaction.
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