Cracker Barrel Old Country Store, Inc. (CBRL) vs Wingstop Inc. (WING)

Cracker Barrel Old Country Store, Inc. and Wingstop Inc. are both Restaurants companies. Wingstop Inc. is the larger, with a market value of $2.7B against $1.2B — 2.3× the size. Wingstop Inc. trades at the lower P/E: 23.4× against 36.1×. Wingstop Inc. grew revenue faster over the last twelve months: 7.61% against −4.74%. Wingstop Inc. has the higher net margin (16.2% vs 0.95%) and the higher return on invested capital (44.2% vs −1.00%). Both pay a dividend; Cracker Barrel Old Country Store, Inc. yields more (6.52% vs 0.28%). Across the 22 metrics below, Wingstop Inc. leads on 14 and Cracker Barrel Old Country Store, Inc. on 8.

Valuation

Metric CBRL WING Restaurants median
P/E 36.12 23.42 22.14
P/S 0.35 3.74 0.91
P/B 2.47 n/m 2.01
Price to free cash flow 6.69 21.00 19.41
EV/EBITDA 13.66 16.29 11.48
EV/Sales 0.48 5.22 1.20
Earnings yield 2.77% 4.27% 2.30%
Free cash flow yield 14.94% 4.76% 3.92%

Profitability

Metric CBRL WING Restaurants median
Gross margin 69.08% 86.32% 38.77%
Operating margin (0.38%) 27.87% 4.30%
Net margin 0.95% 16.15% 1.85%
Free cash flow margin 5.18% 17.83% 3.12%
Return on equity 0.00% (15.96%) 3.07%
Return on assets 1.51% 17.04% 1.50%
Return on invested capital (1.00%) 44.17% 3.14%

Growth

Metric CBRL WING Restaurants median
Revenue growth (TTM) (4.74%) 7.61% 5.16%
EPS growth (last fiscal year) (31.80%) 67.84% —
Revenue growth, 5-year CAGR 3.30% 22.87% 10.57%
Net income growth, 5-year CAGR (34.08%) 49.54% 0.00%

Health

Metric CBRL WING Restaurants median
Debt to equity 0.71 (1.57) 0.10
Current ratio 0.58 2.97 0.81
Net debt to EBITDA 2.39 4.75 0.43

Dividend

Metric CBRL WING Restaurants median
Dividend yield 6.52% 0.28% 2.32%
Payout ratio 1.17 0.36 0.00

Size

Metric CBRL WING Restaurants median
Market cap 1.17b 2.67b 482.66m

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