Expansion Momentum | First Watch demonstrates resilience through positive comparable sales and strategic geographic expansion, outperforming struggling family dining peers |
Valuation Opportunity | Analysts set price targets ranging from $19 to $22, with an average around $20.50, highlighting significant upside from current undervalued trading levels |
Demographic Edge | The company's focus on affluent, older customers provides pricing power and spending stability that competitors targeting value-conscious diners cannot match |
Growth Trajectory | Robust unit economics and proven concept portability across diverse markets position the company to deliver sustained EBITDA expansion through operational leverage |
Metrics to compare | FWRG | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipFWRGPeersSector | |
|---|---|---|---|---|
P/E Ratio | 45.9x | 18.1x | 10.3x | |
PEG Ratio | 0.72 | −0.10 | 0.02 | |
Price/Book | 1.3x | 3.4x | 1.4x | |
Price / LTM Sales | 0.6x | 1.6x | 0.9x | |
Upside (Analyst Target) | 49.0% | 14.6% | 28.5% | |
Fair Value Upside | Unlock | 8.5% | 12.4% | Unlock |
First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. First Watch Restaurant Group, Inc. was founded in 1983 and is based in Bradenton, Florida.