First Watch Restaurant Stock Beta
| FWRG Stock | USD 15.44 0.16 1.03% |
Fundamental analysis of First Watch allows traders to better anticipate movements in First Watch's stock price by examining its financial health and performance throughout various phases of its business cycle.
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First Watch Restaurant Company Beta Analysis
First Watch's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current First Watch Beta | 1.01 |
Most of First Watch's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Watch Restaurant is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for First Watch is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Beta. Since First Watch's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Watch's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Watch's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, First Watch Restaurant has a Beta of 1.009. This is 20.12% higher than that of the Hotels, Restaurants & Leisure sector and 13.37% higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.
First Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Watch's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Watch could also be used in its relative valuation, which is a method of valuing First Watch by comparing valuation metrics of similar companies.First Watch is currently under evaluation in beta category among its peers.
First Watch ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, First Watch's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Watch's managers, analysts, and investors.Environmental | Governance | Social |
First Watch Institutional Holders
Institutional Holdings refers to the ownership stake in First Watch that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Watch's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Watch's value.| Shares | Granahan Investment Management Inc.. | 2025-03-31 | 1.6 M | Manufacturers Life Insurance Co | 2025-03-31 | 1.5 M | 12 West Capital Management Lp | 2025-03-31 | 1.5 M | Brown Advisory Holdings Inc | 2025-03-31 | 1.4 M | Neuberger Berman Group Llc | 2025-03-31 | 1 M | Franklin Resources Inc | 2025-03-31 | 1 M | Penn Capital Management Company Llc | 2025-03-31 | 1 M | Geode Capital Management, Llc | 2025-03-31 | 981.9 K | Federated Hermes Inc | 2025-03-31 | 957 K | Advent International Lp | 2025-03-31 | 19.2 M | Blackrock Inc | 2025-03-31 | 2.9 M |
First Watch returns are very sensitive to returns on the market. As the market goes up or down, First Watch is expected to follow.
First Fundamentals
| Return On Equity | 0.0186 | ||||
| Return On Asset | 0.015 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 1.76 B | ||||
| Shares Outstanding | 60.99 M | ||||
| Shares Owned By Insiders | 2.20 % | ||||
| Shares Owned By Institutions | 97.80 % | ||||
| Number Of Shares Shorted | 5.45 M | ||||
| Price To Earning | 282.50 X | ||||
| Price To Book | 1.58 X | ||||
| Price To Sales | 0.89 X | ||||
| Revenue | 1.02 B | ||||
| Gross Profit | 219.97 M | ||||
| EBITDA | 98.38 M | ||||
| Net Income | 18.93 M | ||||
| Cash And Equivalents | 53.57 M | ||||
| Cash Per Share | 0.91 X | ||||
| Total Debt | 809.55 M | ||||
| Debt To Equity | 0.95 % | ||||
| Current Ratio | 0.75 X | ||||
| Book Value Per Share | 9.78 X | ||||
| Cash Flow From Operations | 115.67 M | ||||
| Short Ratio | 4.28 X | ||||
| Earnings Per Share | 0.17 X | ||||
| Price To Earnings To Growth | 2.17 X | ||||
| Target Price | 20.91 | ||||
| Number Of Employees | 15 K | ||||
| Beta | 1.01 | ||||
| Market Capitalization | 941.73 M | ||||
| Total Asset | 1.51 B | ||||
| Retained Earnings | (53.82 M) | ||||
| Working Capital | (82.6 M) | ||||
| Net Asset | 1.51 B |
About First Watch Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Watch Restaurant's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Watch using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Watch Restaurant based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out First Watch Piotroski F Score and First Watch Altman Z Score analysis. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Watch. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Watch listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.75) | Earnings Share 0.17 | Revenue Per Share | Quarterly Revenue Growth 0.164 | Return On Assets |
The market value of First Watch Restaurant is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Watch's value that differs from its market value or its book value, called intrinsic value, which is First Watch's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Watch's market value can be influenced by many factors that don't directly affect First Watch's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Watch's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Watch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Watch's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.