Biglari Holdings Inc. (BH)

Consumer Cyclical · NYQ

USD399.02+4.32% today

Fundamentals

Market capUSD1.25B
Revenue growth (YoY)+2.6%
Profit margin-4.7%
Return on equity-3.5%
52-week rangeUSD234.92 to USD483.60

Valuation and ratings

DCF fair valueUSD826.95
Upside to fair value+107.2%
Moat score28/100
Overall rating56/100, Buy

Fair value: USD826.95 (+107.2%), see how we got there

Biglari Holdings Inc. trades at USD399.02, which is 107% below the USD826.95 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.

Our moat model scores it 28 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

BH dividend history

Most recent paymentUSD17.65, ex 28 Nov 1990
Ex-dividend date14 Jun 1996
Consecutive years of growth3
Consecutive years paid4

Dividends per share by year

YearTotal per sharePayments
1990USD18.274
1989USD0.6644
1988USD0.6234
1987USD0.3742

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

BH earnings and analyst estimates

Next earnings date7 Aug 2026 (in 7 days)

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Biglari Holdings Inc.

Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. The company owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. It also engages in underwriting commercial truck insurance, including selling physical damage and non-trucking liability insurance to truckers; and property and casualty insurance and reinsurance. In addition, the company operates oil and natural gas properties offshore in Louisiana state waters and in the Permian Basin; and publishes, licenses, and sells magazines under the MAXIM brand names. Further, it involved investment activities. The company was formerly known as The Steak n Shake Company and changed its name to Biglari Holdings Inc. in April 2010. Biglari Holdings Inc. was founded in 1934 and is based in San Antonio, Texas.

Industry: RestaurantsEmployees: 2,359HQ: United States

BH passes 1 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Common questions

Is Biglari Holdings Inc. (BH) undervalued?

Against our discounted cash flow estimate of USD826.95, BH at USD399.02 is 107% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

When does BH report earnings next?

Biglari Holdings Inc. is scheduled to report on 7 Aug 2026. Companies move earnings dates, so read it as scheduled rather than certain.

The full research page for BH, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.