BJ's Restaurants Inc. Common Stock (BJRI)

FairStock Score: 57/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am wary of paying a premium for a competitive restaurant operator, and BJ's Restaurants is a useful test. The company runs full-service casual dining restaurants with 22,230 employees; in FY2025, the year ended 2025-12-30, it generated $1.4 billion of revenue, $48.8 million of net income, and $2.16 of diluted EPS. That was a sharp recovery from FY2024, when net income was $16.7 million and diluted EPS was $0.70. Free cash flow over the trailing twelve months was $44.6 million, a 3.5% yield on the $1.3 billion market cap. The Piotroski F-Score of 7/9 and Altman Z-Score of 2.04 suggest the balance sheet is not distressed, but return on capital is only 2.77% by FairStock's calculation and debt/equity is 1.09. The moat is thin: menus, beer, and Pizookie desserts are copied easily, and casual dining is cyclical. Growth is uneven. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $388.9 million and net income $18.8 million, but in fiscal Q2 2025, net income was $22.2 million, so recent profit fell. FairStock's Lynch category calls it a STALWART because profit grew 128.8% a year over three years, yet revenue grew only 2.9%. At the 2026-10-13 close of $60.03, FairStock shows P/E 31.76, P/B 3.20, EV/EBITDA 13.42, and a Graham Number of $28.24. I see a fair business, not a bargain; the price already assumes better margins and steady expansion.

In plain English: BJ's runs casual restaurants serving pizza, beer, appetizers and desserts. The business is profitable and sales are growing, but profits have bounced around and fell in the latest reported quarter compared with the same quarter a year earlier. At $60.03, the stock looks expensive compared with the company's recent profits, net assets and cash generation, so it is not an obvious bargain on these numbers.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-07-01) · FY2025 10-K (period ended 2025-12-30) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2024-01-02)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer