Bloomin' Brands, Inc.

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $180M normalized mid-cycle FCF base (~4.5% FCF margin on ~$3.96B revenue, above the FY2025 print of $96.8M which was depressed by elevated commodity/labor costs and remodel capex); 1% FCF growth in year 1 rising to 3% by year 5 as turnaround/remodel initiatives take hold; 2.5% years 6-10; 9.5% discount rate; 2% terminal growth; $1.96B net debt; 85.62M shares outstanding.

Reasoning: Bloomin' Brands is a mature, heavily leveraged casual-dining operator; using the single depressed FY2025 FCF print would understate normal earning power, so a mid-cycle FCF margin assumption in line with historical averages is used instead, with a higher discount rate and modest growth reflecting competitive pressure in casual dining and high financial leverage.