(BH) Biglari Holdings - Ratings and Ratios

Biglari Holdings Inc. (NYSE: BH), headquartered in San Antonio, Texas, is a multifaceted conglomerate with a diverse portfolio of businesses. Established in 1934, the company, formerly known as The Steak n Shake Company, rebranded in 2010 to reflect its expanded scope beyond its foundational restaurant business.

The companys operations span several key sectors. In the restaurant industry, it operates and franchises Steak n Shake, renowned for its signature steakburgers and milkshakes, and Western Sizzlin, known for its steaks and buffet offerings. Additionally, Biglari Holdings is active in the insurance market, specializing in commercial trucking insurance, including physical damage and non-trucking liability coverage, targeting the specific needs of truckers. The company also ventures into oil and natural gas exploration in the Gulf of Mexico, a region crucial for energy production, albeit with notable environmental and operational challenges. Furthermore, Biglari Holdings diversifies into media through MAXIM, a mens lifestyle magazine, and engages in licensing media products and services, complemented by investment activities that potentially include equity stakes in other ventures.

From a financial perspective, Biglari Holdings presents a mixed profile. With a market capitalization of approximately $751 million, the companys price-to-earnings ratio stands at 6.88, suggesting a valuation that may reflect lower growth expectations or undervaluation. The forward P/E of 0.00 indicates a lack of analyst expectations for future earnings. The price-to-book ratio of 1.30 points to a market value slightly exceeding book value