NASDAQ · FWRG

First Watch Restaurant Group, Inc.

$12.12 +$0.16 (+1.34%) 1D After hours

Key Metrics

$737.27M
Market cap
41.95×
P/E · TTM
$1.27B
Revenue · TTM
$17.58M
Net income
EPS · TTM $0.29
Dividend yield
Free cash flow −$9.46M
Beta · 1Y 1.08
EBITDA · TTM
Gross margin

The Story So Far

LAST 6 MONTHS PRIMARY SOURCES ONLY
  • Jul 27
    Money has been moving out of its sector (Consumer Discretionary).

    Consumer Discretionary has run -5.7 points vs SPY over four weeks, ranking 3→5→10→11 of 11 sectors — this stock trades inside that current.

    RECEIPT: ROTATION MAP, LIVE ↗
  • Jul 16
    Money rotated out of high-beta cohorts market-wide.

    High-beta names lagged the blue-chips by 18.6 points over ten sessions around this date. Stocks in that cohort weren't falling alone — they fell together.

    RECEIPT: ROTATION GAUGE, LIVE
  • Jun 11
    The stock moved +8.7% in a single session.

    Sessions this size usually pair with a chapter above or below — a filing, a headline, or the whole cohort moving together.

    RECEIPT: DAILY BAR, Jun 11
  • Mar 30
    From its Feb 6 high, the share price fell 42%.

    Peak close $17.54 on Feb 6; trough close $10.11 on Mar 30. The drawdown is the fact — the chapters around it are the context.

    RECEIPT: PRICE SERIES, PEAK-TO-TROUGH -42%
  • Feb 24
    The stock moved -20.5% in a single session.

    Sessions this size usually pair with a chapter above or below — a filing, a headline, or the whole cohort moving together.

    RECEIPT: DAILY BAR, Feb 24

The story updates itself as events post · The wolf reports; you decide

Snapshot

Market cap$737.27M
Enterprise value$995.81M
Shares outstanding61.6M
52-wk range$9.97 – $19.53
Avg volume · 20D623.0K
Net cash −$258.54M
Book value / share$10.33
IndustryRetail-Eating Places
ExchangeNASDAQ
About First Watch Restaurant Group, Inc.
IPO dateOct 1, 2021
Employees17500

First Watch Restaurant Group Inc is a daytime restaurant concept serving made-to-order breakfast, brunch, and lunch using fresh ingredients. The company generates revenues from Restaurant sales and Franchise revenues. It generates maximum revenue from Restaurant sales.

Wolf Grade COMING SOON

The wolf is in training. Composite grades vs sector — profitability, health, value, momentum — arrive with the percentile engine. Methodology will be public.

Valuation

P/E41.95
P/S0.58
P/FCF
EV/EBITDA
EV/Sales0.78
Graham №$8.20

Profitability

Gross
Operating 0.8%
Net 1.4%
FCF -0.7%
ROE / ROIC 2.9% · 2.0%

Financial Health

Current ratio0.29
Quick ratio0.25
Debt / equity0.45
Debt / EBITDA
Net cash −$258.54M
Working capital−$125.92M

Cash Flow · TTM

Operating CF $140.23M
Capex −$149.69M
Free cash flow −$9.46M
Buybacks
Dividends paid
Shareholder yield

Piotroski F-Score

4 / 9
Middling fundamentals · 4 of 9 signals passing

Altman Z-Score

1.0
Distress zone (< 1.81) · elevated risk

Graham Number vs Price

$8.20 vs $12.12
Trades 1.5× above classic defensive value — priced for growth
Fundamentals through 2026-03-29 · computed by TickerWolf from SEC filings