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Upturn AI SWOT - About
BH 
Biglari Holdings Inc (BH)
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Upturn Advisory Summary
08/29/2025: BH (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 16.71% | Avg. Invested days 29 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 08/29/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 891.00M USD | Price to earnings Ratio - | 1Y Target Price 500 |
Price to earnings Ratio - | 1Y Target Price 500 | ||
Volume (30-day avg) - | Beta 0.97 | 52 Weeks Range 159.69 - 296.40 | Updated Date 06/29/2025 |
52 Weeks Range 159.69 - 296.40 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -43.87 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -16.21% | Operating Margin (TTM) 3.06% |
Management Effectiveness
Return on Assets (TTM) 1.41% | Return on Equity (TTM) -10.29% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 908505620 | Price to Sales(TTM) 2.42 |
Enterprise Value 908505620 | Price to Sales(TTM) 2.42 | ||
Enterprise Value to Revenue 2.47 | Enterprise Value to EBITDA 10.45 | Shares Outstanding 2068640 | Shares Floating 185402 |
Shares Outstanding 2068640 | Shares Floating 185402 | ||
Percent Insiders 0.43 | Percent Institutions 88.02 |
Upturn AI SWOT
Biglari Holdings Inc
Company Overview
History and Background
Biglari Holdings Inc. was formerly known as Steak n Shake Company. It was founded in 1934 and reincorporated in Delaware in 2007. The company has evolved from a restaurant operator to a holding company with diverse business interests.
Core Business Areas
- Steak n Shake: A classic American brand serving steakburgers and milkshakes. Franchising is a key growth strategy.
- Western Sizzlin': A buffet-style restaurant chain focusing on steak and homestyle favorites.
- Insurance: Casualty, property and life insurance businesses operated through First Guard Insurance Company and affiliated entities.
- Biglari Capital: Investment management arm overseeing the company's investment portfolio.
Leadership and Structure
Sardar Biglari serves as the Chairman and CEO. The company operates with a relatively lean corporate structure, granting significant autonomy to its operating subsidiaries.
Top Products and Market Share
Key Offerings
- Steakburgers: Steak n Shake's signature product. Market share is challenging to pinpoint precisely due to the fragmented fast-casual burger market. Competitors include McDonald's (MCD), Wendy's (WEN), and Burger King (QSR).
- Milkshakes: A core offering at Steak n Shake, competing in the broader dessert and beverage market. Competitors include Dairy Queen (BRK.A/BRK.B) and other fast-food chains.
- Insurance Policies: Offered by First Guard Insurance, including commercial trucking and other property casualty lines. Market share varies by specific insurance segment. Competitors include Progressive (PGR) and Travelers (TRV).
Market Dynamics
Industry Overview
The restaurant industry is highly competitive and subject to changing consumer preferences and economic conditions. The insurance industry is heavily regulated and impacted by claims trends and interest rates.
Positioning
Biglari Holdings operates in the value-oriented segment of the restaurant industry with Steak n Shake and Western Sizzlin'. Its insurance business focuses on niche markets. Biglari capital manages the capital of the subsidiaries of BH
Total Addressable Market (TAM)
The TAM for fast-food and casual dining is in the hundreds of billions of USD. The property and casualty insurance market is also vast. Biglari Holdings focuses on specific niches within these markets, limiting its effective TAM to smaller, more manageable segments. Restaurant (500 billion) and Insurance ( 1 Trillion)
Upturn SWOT Analysis
Strengths
- Strong brand recognition with Steak n Shake
- Decentralized operating structure
- Disciplined capital allocation approach
- Insurance business provides diversification
Weaknesses
- Steak n Shake's recent performance challenges
- High debt levels
- Reliance on Sardar Biglari
- Western Sizzlin' has not performed to expectations
Opportunities
- Expansion of Steak n Shake franchising
- Growth in insurance business through acquisitions
- Improve operational efficiencies at Steak n Shake
- Technological adaptation and automation in restaurants
Threats
- Intense competition in the restaurant industry
- Rising labor and food costs
- Economic downturn impacting consumer spending
- Regulatory changes affecting the insurance industry
Competitors and Market Share
Key Competitors
- MCD
- WEN
- QSR
- BRK.A
- PGR
- TRV
Competitive Landscape
Biglari Holdings faces stiff competition in both the restaurant and insurance industries. Its advantage lies in its value-oriented approach and decentralized structure, but it must overcome operational challenges at Steak n Shake and maintain profitability in its insurance business.
Major Acquisitions
First Guard Insurance Company
- Year: 2007
- Acquisition Price (USD millions):
- Strategic Rationale: Diversification into the insurance sector and provides a stable source of capital.
Growth Trajectory and Initiatives
Historical Growth: Growth has been driven primarily by acquisitions and strategic investments.
Future Projections: Future growth depends on the success of Steak n Shake's turnaround and the continued expansion of the insurance business. Analyst estimates are limited due to the company's unique structure.
Recent Initiatives: Focus on franchising Steak n Shake restaurants and improving operational efficiency. Expansion of insurance business.
Summary
Biglari Holdings is a diversified holding company with interests in restaurants and insurance. Steak n Shake, the main segment, is experiencing operational headwinds, but the insurance arm provides some stability. The company's future hinges on the success of its turnaround efforts at Steak n Shake and its ability to effectively allocate capital. Its decentralized structure allows for nimble decision-making at the operating level, but its debt load poses a risk.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Industry Reports
- Financial News Articles
Disclaimers:
This analysis is based on publicly available information and should not be considered financial advice. Market share data is estimated and may vary. Performance data is not available because data is not available in a free-API to retrieve it.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Biglari Holdings Inc
Exchange NYSE | Headquaters San Antonio, TX, United States | ||
IPO Launch date 1992-02-25 | Chairman & CEO Mr. Sardar Biglari C.F.A. | ||
Sector Consumer Cyclical | Industry Restaurants | Full time employees 2535 | Website https://www.biglariholdings.com |
Full time employees 2535 | Website https://www.biglariholdings.com | ||
Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. The company 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, it 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 and Maxim brand names. Further, it engages in the 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.
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