First Watch Restaurant Group, Inc. Common Stock (FWRG)

Price$11.13

Value ScoreC

Growth ScoreA

Momentum ScoreD

Favorite Metrics

Price vs S&P 500 (26W)-39.62%

Price vs S&P 500 (4W)-16.13%

VGM Score58.03

Market Capitalization$716.93M

P/E Ratio (Annual)36.89x

All Metrics

P/CF (Annual)5.69x

Book Value / Share (Quarterly)$10.19

P/TBV (Annual)2.09x

Indicated Dividend (Annual)$0.00

Revenue Growth (3Y)18.74%

Cash Flow / Share (Quarterly)$-0.17

Price vs S&P 500 (YTD)-33.81%

Gross Margin (TTM)61.92%

Net Profit Margin (TTM)1.38%

EPS (TTM)$0.28

10-Day Avg Trading Volume1.39M

EPS Excl Extra (TTM)$0.28

Revenue Growth (5Y)28.99%

EPS (Annual)$0.31

ROI (Annual)2.14%

Gross Margin (Annual)61.65%

Net Profit Margin (5Y Avg)1.38%

Cash / Share (Quarterly)$0.38

P/E Basic Excl Extra (TTM)40.79x

Revenue Growth QoQ (YoY)17.26%

P/E Normalized (Annual)36.89x

ROA (Last FY)1.12%

Revenue Growth TTM (YoY)20.41%

EBITD / Share (TTM)$1.72

ROE (5Y Avg)2.34%

Operating Margin (TTM)2.16%

Cash Flow / Share (Annual)$-0.52

P/B Ratio1.14x

P/B Ratio (Quarterly)0.99x

Net Income / Employee (Annual)$1,100

EV / Revenue (TTM)0.77x

Net Interest Coverage (TTM)1.73x

ROA (TTM)1.02%

EPS Growth QoQ (YoY)2050.00%

EV / EBITDA (TTM)9.10x

EPS Incl Extra (Annual)$0.31

Current Ratio (Annual)0.29x

Quick Ratio (Quarterly)0.18x

3-Month Avg Trading Volume1.65M

52-Week Price Return-25.45%

P/E Incl Extra (TTM)40.79x

Revenue / Employee (TTM)$72,600

Tangible BV / Share (Quarterly)$7.38

P/S Ratio (Annual)0.59x

Asset Turnover (Annual)0.70x

52-Week High$19.53

Operating Margin (5Y Avg)3.36%

EPS Excl Extra (Annual)$0.31

CapEx CAGR (5Y)42.37%

26-Week Price Return-23.69%

Quick Ratio (Annual)0.20x

13-Week Price Return-11.56%

Total Debt / Equity (Annual)0.45x

Current Ratio (Quarterly)0.29x

Enterprise Value$975.47M

Revenue / Share Growth (5Y)27.37%

Asset Turnover (TTM)0.74x

Revenue / Employee (Annual)$69,900

Inventory Turnover (Annual)70.54x

Pretax Margin (Annual)0.99%

Cash / Share (Annual)$0.35

3-Month Return Std Dev53.10%

Gross Margin (5Y Avg)62.02%

Net Income / Employee (TTM)$1,000

ROE (Last FY)3.10%

Net Interest Coverage (Annual)1.56x

EPS Basic Excl Extra (Annual)$0.31

P/FCF (TTM)70.97x

Receivables Turnover (TTM)212.03x

Total Debt / Equity (Quarterly)0.45x

EPS Incl Extra (TTM)$0.28

Receivables Turnover (Annual)173.48x

ROI (TTM)1.98%

P/S Ratio (TTM)0.56x

Pretax Margin (5Y Avg)1.92%

Revenue / Share (Annual)$19.45

Tangible BV / Share (Annual)$7.38

Forward P/E57.79x

Price vs S&P 500 (52W)-53.65%

P/E Ratio (TTM)40.79x

EPS Growth TTM (YoY)59.76%

Year-to-Date Return-22.88%

5-Day Price Return1.22%

EPS Normalized (Annual)$0.31

ROA (5Y Avg)0.96%

Net Profit Margin (Annual)1.59%

Month-to-Date Return-11.36%

Cash Flow / Share (TTM)$0.99

EBITD / Share (Annual)$1.63

EPS Growth (3Y)39.13%

Operating Margin (Annual)2.25%

LT Debt / Equity (Annual)0.41x

P/CF (TTM)5.11x

ROI (5Y Avg)1.80%

P/E Excl Extra (TTM)40.79x

LT Debt / Equity (Quarterly)0.41x

EPS Basic Excl Extra (TTM)$0.28

P/TBV (Quarterly)1.37x

P/B Ratio (Annual)1.50x

Inventory Turnover (TTM)72.59x

Pretax Margin (TTM)0.81%

Book Value / Share (Annual)$10.24

Price vs S&P 500 (13W)-21.30%

Beta1.10x

P/FCF (Annual)67.32x

Revenue / Share (TTM)$20.76

ROE (TTM)2.85%

52-Week Low$10.09

vGradeC

gGradeA

mGradeD

vgmGradeC

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Earnings Surprise History

Q1 26-0.04est. -0.03

Analyst Recommendations

Feb 2026

Mar 2026

Apr 2026

May 2026

4.35

4.33

Industry Peers — Restaurants(45)

Symbol	Value Score	Growth Score	Momentum Score	Price
FWRGFirst Watch Restaurant Group, Inc. Common Stock	C	A	D	$11.13
MCDMcDonald's Corporation	D	C	D	$276.11
CMGChipotle Mexican Grill, Inc.	D	B	D	$30.55
YUMYum! Brands, Inc.	D	B	C	$147.51
QSRRestaurant Brands International Inc.	D	B	B	$72.86
DRIDarden Restaurants, Inc.	C	B	C	$201.91
YUMCYum China Holdings, Inc. Common Stock	C	C	D	$42.91
ARMKARAMARK	C	B	A	$54.39
TXRHTexas Roadhouse, Inc.	D	B	C	$175.40
CAVACAVA Group, Inc.	F	C	C	$74.67
HDLSUPER HI INTERNATIONAL HOLDING LTD. American Depositary Shares	B	B	F	$13.40

About

First Watch Restaurant Group operates a daytime casual dining concept featuring made-to-order breakfast, brunch, and lunch prepared with fresh ingredients. The company generates revenues from both company-operated restaurants, which represent the majority of sales, and franchise locations.