(BJRI) BJs Restaurants - Overview
Stock: Pizza, Beer, Appetizers, Entrees, Desserts
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 41.7% |
| Relative Tail Risk | -9.53% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.52 |
| Alpha | 5.14 |
| Character TTM | |
|---|---|
| Beta | 0.982 |
| Beta Downside | 0.770 |
| Drawdowns 3y | |
|---|---|
| Max DD | 41.61% |
| CAGR/Max DD | 0.23 |
Description: BJRI BJs Restaurants December 24, 2025
BJs Restaurants, Inc. (NASDAQ:BJRI) is a full-service dining chain founded in 1978 and headquartered in Huntington Beach, California. The brand operates over 200 locations across the United States, offering a menu centered on craft beers, deep-dish pizza, and a broad range of appetizers, pastas, and salads. The company rebranded from Chicago Pizza & Brewery, Inc. to its current name in August 2004 and trades under the “Restaurants” sub-industry of the GICS classification.
Key operational metrics that analysts watch include same-store sales growth (historically 3-5% YoY pre-COVID), average ticket size (≈ $30-$35), and labor cost as a percentage of revenue (typically 30-32%). Recent quarterly filings show a modest improvement in comparable restaurant sales (+2.1% QoQ) as the firm benefits from a rebound in discretionary spending and a favorable macro environment for casual dining. The sector’s performance is sensitive to consumer confidence, fuel prices, and the broader trend toward “experience-driven” dining, which has been bolstering demand for craft-beer-centric concepts like BJ’s.
For a deeper dive into BJRI’s valuation assumptions and scenario analysis, you may find the research tools on ValueRay useful.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 30.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 2.50 > 1.0 |
| NWC/Revenue: -8.87% < 20% (prev -8.88%; Δ 0.01% < -1%) |
| CFO/TA 0.12 > 3% & CFO 123.6m > Net Income 30.9m |
| Net Debt (475.4m) to EBITDA (103.1m): 4.61 < 3 |
| Current Ratio: 0.36 > 1.5 & < 3 |
| Outstanding Shares: last quarter (22.5m) vs 12m ago -2.72% < -2% |
| Gross Margin: 60.09% > 18% (prev 0.14%; Δ 5995 % > 0.5%) |
| Asset Turnover: 134.5% > 50% (prev 128.3%; Δ 6.21% > 0%) |
| Interest Coverage Ratio: 5.48 > 6 (EBITDA TTM 103.1m / Interest Expense TTM 5.16m) |
Altman Z'' 0.74
| A: -0.12 (Total Current Assets 70.6m - Total Current Liabilities 193.7m) / Total Assets 1.02b |
| B: 0.28 (Retained Earnings 281.9m / Total Assets 1.02b) |
| C: 0.03 (EBIT TTM 28.2m / Avg Total Assets 1.03b) |
| D: 0.42 (Book Value of Equity 281.9m / Total Liabilities 665.8m) |
| Altman-Z'' Score: 0.74 = B |
Beneish M -3.80
| DSRI: 0.88 (Receivables 16.1m/17.5m, Revenue 1.39b/1.34b) |
| GMI: 0.24 (GM 60.09% / 14.15%) |
| AQI: 1.13 (AQ_t 0.12 / AQ_t-1 0.10) |
| SGI: 1.04 (Revenue 1.39b / 1.34b) |
| TATA: -0.09 (NI 30.9m - CFO 123.6m) / TA 1.02b) |
| Beneish M-Score: -3.80 (Cap -4..+1) = AAA |
What is the price of BJRI shares?
Over the past week, the price has changed by +5.09%, over one month by +5.44%, over three months by +22.41% and over the past year by +19.15%.
Is BJRI a buy, sell or hold?
- StrongBuy: 1
- Buy: 0
- Hold: 6
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the BJRI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 44 | 0.4% |
| Analysts Target Price | 44 | 0.4% |
| ValueRay Target Price | 44.2 | 0.8% |
BJRI Fundamental Data Overview February 05, 2026
P/E Forward = 18.6567
P/S = 0.6988
P/B = 2.6018
P/EG = 1.3328
Revenue TTM = 1.39b USD
EBIT TTM = 28.2m USD
EBITDA TTM = 103.1m USD
Long Term Debt = 89.5m USD (from longTermDebt, last quarter)
Short Term Debt = 43.5m USD (from shortTermDebt, last quarter)
Debt = 500.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 475.4m USD (from netDebt column, last quarter)
Enterprise Value = 1.45b USD (969.9m + Debt 500.9m - CCE 25.4m)
Interest Coverage Ratio = 5.48 (Ebit TTM 28.2m / Interest Expense TTM 5.16m)
EV/FCF = 29.37x (Enterprise Value 1.45b / FCF TTM 49.2m)
FCF Yield = 3.40% (FCF TTM 49.2m / Enterprise Value 1.45b)
FCF Margin = 3.54% (FCF TTM 49.2m / Revenue TTM 1.39b)
Net Margin = 2.23% (Net Income TTM 30.9m / Revenue TTM 1.39b)
Gross Margin = 60.09% ((Revenue TTM 1.39b - Cost of Revenue TTM 554.0m) / Revenue TTM)
Gross Margin QoQ = 74.28% (prev 75.16%)
Tobins Q-Ratio = 1.41 (Enterprise Value 1.45b / Total Assets 1.02b)
Interest Expense / Debt = 0.24% (Interest Expense 1.18m / Debt 500.9m)
Taxrate = 21.0% (US default 21%)
NOPAT = 22.3m (EBIT 28.2m * (1 - 21.00%))
Current Ratio = 0.36 (Total Current Assets 70.6m / Total Current Liabilities 193.7m)
Debt / Equity = 1.41 (Debt 500.9m / totalStockholderEquity, last quarter 356.2m)
Debt / EBITDA = 4.61 (Net Debt 475.4m / EBITDA 103.1m)
Debt / FCF = 9.66 (Net Debt 475.4m / FCF TTM 49.2m)
Total Stockholder Equity = 371.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.99% (Net Income 30.9m / Total Assets 1.02b)
RoE = 8.33% (Net Income TTM 30.9m / Total Stockholder Equity 371.1m)
RoCE = 6.13% (EBIT 28.2m / Capital Employed (Equity 371.1m + L.T.Debt 89.5m))
RoIC = 4.99% (NOPAT 22.3m / Invested Capital 446.6m)
WACC = 6.35% (E(969.9m)/V(1.47b) * Re(9.53%) + D(500.9m)/V(1.47b) * Rd(0.24%) * (1-Tc(0.21)))
Discount Rate = 9.53% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.65%
[DCF Debug] Terminal Value 80.19% ; FCFF base≈39.2m ; Y1≈28.5m ; Y5≈16.0m
Fair Price DCF = N/A (negative equity: EV 437.8m - Net Debt 475.4m = -37.7m; debt exceeds intrinsic value)
[DCF Warning] FCF declining rapidly (-32.06%), DCF may be unreliable
EPS Correlation: 35.64 | EPS CAGR: -8.56% | SUE: -4.0 | # QB: 0
Revenue Correlation: 65.00 | Revenue CAGR: 3.40% | SUE: -0.82 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.67 | Chg30d=+0.012 | Revisions Net=-2 | Analysts=8
EPS next Year (2026-12-31): EPS=2.38 | Chg30d=+0.029 | Revisions Net=+3 | Growth EPS=+6.8% | Growth Revenue=+2.6%