Flanigan's Enterprises (BDL) AI Stock Analysis

• Market Cap: $61.71M
• Dividend Yield: 1.51%
• Average Volume (3M): 3.08K
• Price to Earnings (P/E): 15.2
• Beta (1Y): -0.07
• Revenue Growth: 9.38%
• EPS Growth: 14.76%
• Country: US
• Employees: 665
• Sector: Consumer Cyclical
• Sector Strength: 66
• Industry: Restaurants
• EPS (TTM): 1.45
• Shares Outstanding: 1,858,647
• 10 Day Avg. Volume: 2,188
• 30 Day Avg. Volume: 3,075
• PEG Ratio: -0.11
• Price to Book (P/B): 0.85
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 50.03
• Enterprise Value/Market Cap: 1.64
• Enterprise Value/Revenue: 0.14
• Enterprise Value/Gross Profit: 3.06
• Enterprise Value/Ebitda: 2.45
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: $35.00 ▲(7.10%Upside)

Flanigan's Enterprises has a strong technical outlook with bullish momentum, contributing significantly to the overall score. While financial performance shows revenue growth and operational efficiency, concerns about leverage and profitability pressures are notable risks. The company's valuation is fair, with a moderate P/E ratio and a modest dividend yield.

Flanigan's Enterprises Business Overview & Revenue Model

Company Description

Flanigan's Enterprises, Inc., together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. It operates in two segments, Package Stores and Restaurants. The company operates package liquor stores under the Big Daddy's Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan's Seafood Bar and Grill service mark that provide alcoholic beverages and full food services. As of October 2, 2021, it operated 27 units consisting of restaurants, package liquor stores, and combination restaurants/package liquor stores; and franchised 5 units comprising 2 restaurants and 3 combination restaurants/package liquor stores. Flanigan's Enterprises, Inc. was incorporated in 1959 and is headquartered in Fort Lauderdale, Florida.

How the Company Makes Money

Flanigan's Enterprises generates revenue through multiple streams primarily centered around its restaurant and retail operations. The company's restaurants serve as a significant source of income, driven by the sales of food and beverages. The sports bar component of its establishments often attracts customers during sports events, contributing to higher sales volumes. In addition to its dining operations, Flanigan's liquor stores provide a steady revenue stream through the sale of alcoholic beverages, catering to both retail customers and local businesses. The company's success is further bolstered by its brand recognition and customer loyalty, which help maintain steady patronage and sales across its locations.

Flanigan's Enterprises Financial Statement Overview

Summary

Flanigan's Enterprises demonstrates solid revenue growth and operational efficiency, but profitability pressures and high leverage could impact future financial flexibility. Cash flow generation is stable, albeit inconsistent capital expenditures affect free cash flow.

Income Statement

Flanigan's Enterprises has demonstrated steady revenue growth over the years, with a notable increase from $112.9M in 2020 to $188.3M in 2024. The gross profit margin is relatively healthy, though there was a slight decline in net profit margin from 2021 to 2024. EBIT and EBITDA margins are stable, indicating consistent operational efficiency despite the competitive industry. However, the reduction in net income from 2021 indicates pressure on profitability.

Balance Sheet

The company's debt-to-equity ratio is high, indicating significant leverage, which could pose risks if cash flows decrease. The equity ratio has shown some volatility, reflecting changes in total assets and liabilities. Return on equity has been declining, suggesting challenges in generating returns for shareholders. While the company has maintained a reasonable level of stockholders' equity, the increasing debt burden warrants caution.

Cash Flow

Flanigan's cash flow from operations has been robust, although free cash flow has fluctuated significantly due to varying capital expenditures. The company has struggled with consistent free cash flow growth, particularly in 2023 and 2024. The operating cash flow to net income ratio indicates sound cash conversion, yet reliance on financing activities in some years highlights potential liquidity concerns.

Breakdown
TTM	Sep 2024	Sep 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
193.39M	188.32M	174.40M	157.96M	137.04M	112.87M
	Gross Profit
33.09M	40.90M	38.92M	40.36M	28.66M	22.72M
	EBIT
6.46M	6.40M	7.02M	6.93M	8.65M	2.91M
	EBITDA
8.98M	13.45M	13.25M	15.97M	24.49M	9.25M
	Net Income Common Stockholders
3.30M	3.36M	4.00M	9.05M	16.77M	2.18M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
32.68M	21.40M	25.53M	42.14M	32.68M	29.92M
	Total Assets
128.00M	142.08M	145.77M	147.49M	128.00M	112.48M
	Total Debt
51.31M	50.23M	51.36M	55.92M	51.31M	54.55M
	Net Debt
18.63M	28.82M	25.83M	13.79M	18.63M	24.63M
	Total Liabilities
67.37M	66.67M	70.86M	74.15M	67.37M	66.93M
	Stockholders Equity
51.22M	61.22M	59.23M	55.67M	51.22M	39.43M
Cash Flow		Free Cash Flow
4.12M	1.39M	-10.18M	948.00K	2.73M	5.70M
	Operating Cash Flow
5.30M	6.63M	8.49M	10.50M	14.05M	8.79M
	Investing Cash Flow
-1.14M	-5.14M	-18.56M	-9.54M	-11.59M	-3.27M
	Financing Cash Flow
-1.57M	-5.62M	-6.54M	8.50M	294.00K	10.74M

Flanigan's Enterprises Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 32.68
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BDL, the sentiment is Positive. The current price of 32.68 is above the 20-day moving average (MA) of 27.48, above the 50-day MA of 25.48, and above the 200-day MA of 25.40, indicating a bullish trend. The MACD of 2.08 indicates Negative momentum. The RSI at 75.98 is Negative, neither overbought nor oversold. The STOCH value of 77.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BDL.

Flanigan's Enterprises Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RAVE	76 Outperform	$37.80M	13.99	21.75%	―	2.93%	20.81%
BDL	74 Outperform	$61.71M	15.24	6.48%	1.51%	9.38%	14.76%
Sector *	63 Neutral	$6.96B	11.51	2.80%	3.85%	2.70%	-24.43%
ARKR	53 Neutral	$36.33M	―	-22.57%	7.70%	-3.61%	-36.65%
FAT	47 Neutral	$43.92M	―	38.50%	19.93%	10.63%	-93.67%
RRGB	43 Neutral	$117.41M	―	92.02%	―	-1.68%	-140.83%
NDLS	43 Neutral	$36.80M	―	-978.37%	―	-0.61%	-200.32%