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Cracker Barrel Old Country Store, Inc (CBRL) Fair Value & Analysis

Consumer Cyclical · US · Market cap $981M

CB Cracker Barrel Old Country Store, Inc logo Cracker Barrel Old Country Store, Inc CBRL · US
Price$57.79
Fair Value$22.07
Upside-61.8%
Quality56/100
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Healthy Growth
Thin margins · 0.8% net margin
Moderate debt · generates free cash flow
2.29% dividend yield
Trails peers (4/15)
Narrow moat 24/100
Evidence: High Range $16.77 – $34.14 Share as image

Fair value as of: Jul 15, 2026

From 24 valuation models · updated 26 days ago

Share price +19.0% over the past month.

A solid business, but screening 62% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case ($34.14). The favourable scenario is already priced in.
  • Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range ($16.77 to $34.14) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

$136.19 $24.64 Fair Value $22.07 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range $24.64 – $136.19 · fair‑value band $16.77 – $34.14 · the $57.79 price screens above the $22.07 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

Full chart & analysis →

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Analysis

Cracker Barrel Old Country Store, Inc (CBRL) currently trades at $57.79, while our model-based Fair Value estimate is $22.07, implying the stock looks roughly 61.8% overvalued today. The Quality Score stands at 56/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Cracker Barrel Old Country Store, Inc generated revenue of $3.3B at a net margin of 0.8%. Revenue declined 2.9% year over year. It earns a return on equity of 5.6%. Net debt stands at $1.1B. Fundamentals as of Jul 15, 2026

Our scenario range runs from $16.77 (bear case) to $34.14 (bull case); at $57.79, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. Analysts expect earnings well below the last reported figure (earnings in transition, for example expiring patents or contracts); a fair value that looks fair on trailing earnings may then be too optimistic. The share trades about 18% below its 52-week high and 136% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -47% fair-value upside, at -62%, CBRL screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF $11.25 $19.21 $28.72 80
Residual Income $17.17 $18.67 $22.26 76
Rev-Margin DCF $9.05 $20.06 $32.07 74
All 24 models by family
DCF Models
FCF DCF $10.89 $19.72 $30.80 38
5Y Revenue Exit $9.05 $19.74 $32.87 39
5Y EBITDA Exit $33.78 $64.09 $98.41 41
5Y P/E Exit $14.31 $29.17 $44.07 38
10Y Revenue Exit $9.04 $18.21 $29.51 36
10Y EBITDA Exit $23.77 $45.72 $73.48 37
10Y P/E Exit $12.60 $24.06 $37.02 35
Earnings-Based
Graham-Dodd $14.11 $35.18 $45.63 54
PEG = 1.0 $6.42 $9.17 $11.92 46
EPV $4.49 $6.91 $8.92 59
Dividend Discount
Gordon GGM $8.03 $13.35 $18.99 70
DDM Multi-Stage $8.03 $11.45 $14.68 61
Multiples
P/E Multiple $34.24 $45.65 $57.06 63
P/S Multiple $26.46 $35.27 $44.09 58
P/B Multiple $26.46 $35.27 $44.09 55
EV/EBIT $20.00 $31.08 $42.16 53
EV/EBITDA $58.90 $82.94 $106.99 54
EV/Revenue $9.17 $18.77 $28.37 43
Asset-Based
NCAV (Graham) $10.33 $13.84 $20.66 50
Growth DCF
Growth DCF $11.25 $19.21 $28.72 80
Rev-Margin DCF $9.05 $20.06 $32.07 74
Economic Profit
Residual Income $17.17 $18.67 $22.26 76
ROIC Compounder $4.49 $6.91 $8.92 72
Growth Earnings
Growth-Adj P/E $26.27 $37.53 $48.79 68

Widest divergence: Growth Earnings ($37.53) versus Economic Profit ($6.91). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) $3.3B
Revenue growth (YoY) -2.9%
Net margin 0.8%
Return on equity 5.6%
Free cash flow $60.3M FY2025
P/E ratio 38.2
More key figures
Operating margin 0.8%
EPS (TTM) $1.15
Dividend yield 2.3%
EPS growth (YoY) +239%
Net debt $1.1B FY2025

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 54 · Market factors (momentum, volatility) 52

Profitability 57
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 39
Earnings quality: real cash, not paper profit
Fin. Strength 30
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 23
Calm price path (market factor)
Momentum 73
Price trend over the last 3–12 months (market factor)
52W Momentum 50
Distance to the 52-week high (market factor)
Net Issuance 84
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. Its Cracker Barrel stores consist of restaurants with a gift shop. The company's restaurants serve breakfast, lunch, and dinner, as well as dine-in, pick-up, and delivery services.

Full company description

Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. Its Cracker Barrel stores consist of restaurants with a gift shop. The company's restaurants serve breakfast, lunch, and dinner, as well as dine-in, pick-up, and delivery services. Its gift shops offer various decorative and functional items, such as rocking chairs, seasonal gifts, apparel, toys, food, cookware, and various other gift items, as well as various candies, preserves, and other food items. Cracker Barrel Old Country Store, Inc. was incorporated in 1969 and is headquartered in Lebanon, Tennessee.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cracker Barrel Old Country Store, Inc reported revenue of $3.5B in FY2025 versus $2.8B in FY2021, a compound +5.4%/yr. Reported net income was $46.4M in FY2025, compounding −34.7%/yr from FY2021.

Growth Quality 68/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
$3.5B
Latest YoY
+0.4%
Avg. growth/yr (3Y)
+2.2%
Avg. growth/yr (5Y)
+6.7%
Avg. growth/yr (39Y)
+10.1%
Revenue +5.4%/yr
FY21 $2.8B
FY22 $3.3B
FY23 $3.4B
FY24 $3.5B
FY25 $3.5B
Net income −34.7%/yr
FY21 $255M
FY22 $132M
FY23 $99.1M
FY24 $40.9M
FY25 $46.4M

CBRL screens 62% overvalued. Compare with McDonald's Corporation →

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Cite: Fair Value Calculator (2026). "Cracker Barrel Old Country Store, Inc Fair Value". https://www.fairvalue-calculator.com/stock/CBRL

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Restaurants · 226 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 56 · Above median
Fair Value upside −62% · Bottom 25%
Return on equity (TTM) 6% · Above median
Return on assets -0% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 1% · Below median
Revenue growth -3% · Below median
Dividend yield (TTM) 2.3% · Below median
Debt / equity 0.73× · Higher than 75% of peers

Valuation Multiples vs Restaurants median · lower = cheaper

P/E (TTM) 38.2× · Pricier than 75% of peers
P/B 2.12× · Pricier than median
P/S (TTM) 0.29× · Cheaper than median
P/FCF 16.3× · Pricier than 75% of peers
EV/EBITDA 10.5× · Pricier than median
PEG 1.56× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 28
FUTURE 0 · sector 21
PAST 22 · sector 17
HEALTH 64 · sector 97
DIVIDEND 46 · sector 58

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Restaurants stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
McDonald's Corporation MCDS C$24.01 C$10.84 -55%
Starbucks Corporation SBUX $105.49 $35.83 -66%
Chipotle Mexican Grill, Inc CMG $34.63 $18.43 -47%
Yum! Brands, Inc YUM $163.54 $59.66 -64%
Restaurant Brands International Inc QSR C$104.19 C$36.37 -65%
Darden Restaurants, Inc DRI $195.74 $173.68 -11%
Yum China Holdings YUMC $43.90 $55.10 +26%
Texas Roadhouse, Inc TXRH $197.03 $104.89 -47%
Dutch Bros Inc BROS $68.36 $12.80 -81%
Domino's Pizza, Inc DPZ $322.18 $231.96 -28%

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Frequently asked questions

Is Cracker Barrel Old Country Store, Inc (CBRL) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of $22.07 versus a price of $57.79, about −62% (overvalued).
What is the fair value of CBRL?
Our model-based fair value for Cracker Barrel Old Country Store, Inc is $22.07 (as of Jul 15, 2026), built from audited fundamentals. The current price is $57.79.
What is the quality score of CBRL?
Cracker Barrel Old Country Store, Inc has a Quality Score of 56/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Cracker Barrel Old Country Store, Inc (CBRL)?
Cracker Barrel Old Country Store, Inc reported trailing-twelve-month revenue of about $3.3B (latest available figure, as of Jul 15, 2026).
What is the net profit margin of CBRL?
The net profit margin of Cracker Barrel Old Country Store, Inc is about 0.8%, meaning it keeps roughly 0.8% of revenue as net income. Based on the latest reported figures.
Does Cracker Barrel Old Country Store, Inc pay a dividend?
Cracker Barrel Old Country Store, Inc currently shows a dividend yield of about 2.29% relative to its recent price (as of Jul 15, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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