BJ's Restaurants, Inc.
AI Valuation
AI-generated fair value estimate for this company.
AI Fair Value
$31.13
Market Price
$59.00
Overvalued By
89.5%
Method: 10-year unlevered FCF DCF: $46.0M trailing FCF base; 8% annual FCF growth years 1-5; 5% years 6-10; 8.5% discount rate; 2.5% terminal growth; $420.2M net debt; 21.27M shares outstanding.
Reasoning: BJ's Restaurants is a mid-cap casual-dining chain executing a margin-recovery and unit-growth plan; moderate high-single-digit near-term FCF growth reflects margin recovery initiatives and new restaurant openings, with a higher discount rate than large defensive retailers to capture restaurant-industry cyclicality and labor/input cost risk.