Biglari Holdings Inc.

Biglari Holdings Inc.

354.00
EUR
-16.00
(-4.32%)
-11.78EPS
1.18BMarket Cap

Total Valuation

EUR

As of June 30, 2026, Biglari Holdings, Inc. Class B carries a market capitalization of 1.18B, placing it among publicly traded companies globally. Its enterprise value stands at 1.19B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap1.18B
Enterprise Value1.19B

Share Statistics

As of June 30, 2026, Biglari Holdings, Inc. Class B has 3.14M shares outstanding.

Shares Outstanding3.14M

Valuation Ratios

These figures are as of June 30, 2026. The price-to-sales ratio is 2.34, and the price-to-book ratio stands at 2.48.

PS Ratio2.34
PB Ratio2.48
P/TBV Ratio2.88
P/FCF Ratio11.26
P/OCF Ratio11.26

Enterprise Valuation

As of June 30, 2026, Biglari Holdings, Inc. Class B trades at an EV/EBITDA multiple of 19.06 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 3.36 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 44.72 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 1.19B versus a market cap of 1.18B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales3.36
EV / EBITDA19.06
EV / EBIT44.72

Financial Position

As of June 30, 2026, Biglari Holdings, Inc. Class B maintains a current ratio of 2.45, meaning it holds 2.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 65.92, indicating elevated leverage, while an interest coverage ratio of 3.08 demonstrates adequate ability to service its debt obligations.

Current Ratio2.45
Quick Ratio2.34
Debt / Equity65.92
Debt / EBITDA5.01
Interest Coverage3.08

Financial Efficiency

EUR

Over the twelve months ended June 30, 2026, Biglari Holdings, Inc. Class B posted a negative return on equity (ROE) of -5.25, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -3.10, reflecting losses generated across the asset base. The company generates approximately 147,745.39 in revenue per employee across its workforce of 2,403.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 59.82 indicates how many times Biglari Holdings, Inc. Class B sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)-5.25
Return on Assets (ROA)-3.10
Revenue Per Employee147,745.39
Employee Count2,403.00
Inventory Turnover59.82

Taxes

EUR

Over the twelve months ended June 30, 2026, Biglari Holdings, Inc. Class B recorded an income tax benefit of -7.99M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -34.03M and -26.04M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax-7.99M

Stock Price Statistics

EUR

As of the close on October 22, 2026, Biglari Holdings, Inc. Class B's stock has gained approximately 13.46% over the past 52 weeks. The 50-day moving average sits at 329.56, while the 200-day moving average is 310.35.

52-Week Price Change13.46%
50-Day Moving Average329.56
200-Day Moving Average310.35

Income Statement

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Over the twelve months ended June 30, 2026, Biglari Holdings, Inc. Class B generated 355.03M in revenue and converted that into -26.04M in net income, yielding earnings per share of -11.78. EBITDA reached 62.64M, while operating income came in at 20.96M.

Revenue355.03M
Gross Profit138.93M
Operating Income20.96M
Pretax Income-34.03M
Net Income-26.04M
EBITDA62.64M
EBIT26.70M
Earnings Per Share (EPS)-11.78

Balance Sheet

EUR

As of June 30, 2026, Biglari Holdings, Inc. Class B holds 299.98M in cash and equivalents against 313.75M in total debt, resulting in a net debt position of 148.89M. Total book value stands at 475.98M, with working capital of 198.73M providing operational flexibility.

Cash & Cash Equivalents299.98M
Total Debt313.75M
Net Debt148.89M
Equity (Book Value)475.98M
Book Value Per Share151.63
Working Capital198.73M

Cash Flow

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Biglari Holdings, Inc. Class B produced 73.79M in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow73.79M
Free Cash Flow73.79M
FCF Per Share33.38

Margins

Over the twelve months ended June 30, 2026, Biglari Holdings, Inc. Class B posted a gross margin of 39.13, reflecting its pricing power and cost economics. The operating margin of 5.90 and net profit margin of -7.33 provide insight into operational efficiency.

Gross Margin39.13
Operating Margin5.90
Pretax Margin-9.58
Profit Margin-7.33
EBITDA Margin17.64

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 8.88, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -16.91, meaning Biglari Holdings, Inc. Class B raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-16.91
FCF Yield8.88

Stock Splits

Biglari Holdings, Inc. Class B's most recent stock split took place on August 15, 2014.

Last Split Date8/15/2014

Scores

As of June 30, 2026, Biglari Holdings, Inc. Class B has an Altman Z-Score of 3.22, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score3.22