Biglari Holdings Inc (N:BH)

Business Focus: Quick Service Restaurants

Sector:  Consumer Cyclicals Industry:  Restaurants & Bars
See Regulatory Filings on SEC
Company Contact
Address: 17802 W Interstate 10 Ste 400
SAN ANTONIO TX 78257-2509
Tel: N/A
IR: See website
Key People
Business Overview
Biglari Holdings Inc., through its subsidiaries, is engaged in diverse business activities that include media, property and casualty insurance, and restaurants. The Company, through its subsidiaries, Steak n Shake Inc. (Steak n Shake) and Western Sizzlin Corporation (Western), is engaged in the restaurant business. Steak n Shake comprises of 415 ownly operated restaurants and 201 franchised units. Western comprises of four ownly operated restaurants and 58 franchised units. The Company, through First Guard Insurance Company and its agency, 1st Guard Corporation provides property and casualty insurance services. It is a direct underwriter of commercial trucking insurance, selling physical damage and non-trucking liability insurance to truckers. The Company is engaged in the business of media and licensing through, Maxim Inc.
Financial Overview
For the fiscal year ended 31 December 2018, Biglari Holdings Inc revenues decreased 4% to $809.9M. Net income before extraordinary items totaled $18.1M vs. loss of $1.6M. Revenues reflect Restaurant Operations segment decrease of 4% to $775.7M, Comparable Store Sales (Growth- %)-Steak decrease from -1.8 to -5.1%, Growth in Guest Counts - %-Steak n Shake decrease of 59% to -7%.
Employees: 18,684 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $594.04M as of Dec 31, 2018
Annual revenue (TTM): $809.89M as of Dec 31, 2018
EBITDA (TTM): $15.55M as of Dec 31, 2018
Net annual income (TTM): $18.05M as of Dec 31, 2018
Free cash flow (TTM): $2.88M as of Dec 31, 2018
Net Debt Last Fiscal Year: $163.30M as of Dec 31, 2018
Shares outstanding: 2,275,504 as of Feb 18, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization