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First Watch Restaurant GroupFWRG -2.44%75 3-Year EBITDA Growth Rate is 24.00% as of Jun. 2026, which is 30% above its 10-year median of 18.45. GuruFocus rates FWRG with a GF Score™ of 75/100 and a GF Value™ of $22.39 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 284 Restaurants companies, First Watch Restaurant Group ranks better than 72.18% on this metric.
During the past 12 months, First Watch Restaurant Group's average EBITDA Per Share Growth Rate was 30.20% per year.
During the past 3 years, the average EBITDA Per Share Growth Rate was 24.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.
During the past 7 years, the highest 3-Year average EBITDA Per Share Growth Rate of First Watch Restaurant Group was 24.00% per year. The lowest was 12.90% per year. And the median was 18.45% per year.
First Watch Restaurant Group (NAS:FWRG) 3-Year EBITDA Growth Rate Explanation
EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.
First Watch Restaurant Group 3-Year EBITDA Growth Rate Related Terms
FWRG vs SG, BLMN, CNNE: 3-Year EBITDA Growth Rate Comparison
For the Restaurants subindustry, First Watch Restaurant Group's 3-Year EBITDA Growth Rate, along with its competitors' market caps and 3-Year EBITDA Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First Watch Restaurant Group 3-Year EBITDA Growth Rate vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, First Watch Restaurant Group's 3-Year EBITDA Growth Rate distribution charts can be found below:
* The bar in red indicates where First Watch Restaurant Group's 3-Year EBITDA Growth Rate falls into.
First Watch Restaurant Group 3-Year EBITDA Growth Rate Calculation
This is the 3-year average growth rate of EBITDA per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.
What does a 3-Year EBITDA Growth Rate of 24.00% mean?
First Watch Restaurant Group (FWRG) has a 3-Year EBITDA Growth Rate of 24.00% as of Jun. 2026. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for First Watch Restaurant Group and its competitors. This is 30% above median its historical median of 18.45. Over the past decade, First Watch Restaurant Group's 3-Year EBITDA Growth Rate has ranged from 12.90 to 24.00. According to the industry distribution chart, First Watch Restaurant Group ranks #79 out of 284 companies in the Restaurants industry, placing it in the top 27.8%.
Is First Watch Restaurant Group's 3-Year EBITDA Growth Rate too high?
First Watch Restaurant Group's current 3-Year EBITDA Growth Rate of 24.00% is 30% above median its 10-year median of 18.45. Over the past 10 years, this metric has ranged from a low of 12.90 to a high of 24.00. The Restaurants industry median 3-Year EBITDA Growth Rate is 10.60. First Watch Restaurant Group's value of 24.00% is 126.4% above this industry median. Based on the distribution chart, First Watch Restaurant Group ranks #79 out of 284 companies in the Restaurants industry, which is above the industry midpoint. Overall, First Watch Restaurant Group has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does First Watch Restaurant Group's 3-Year EBITDA Growth Rate compare to SG and BLMN?
According to the Restaurants industry distribution chart, First Watch Restaurant Group ranks #79 out of 284 companies for 3-Year EBITDA Growth Rate. This puts First Watch Restaurant Group in the upper half of its industry. The industry median 3-Year EBITDA Growth Rate is 10.60. First Watch Restaurant Group's value of 24.00% is 126.4% above this benchmark. Historically, First Watch Restaurant Group's own 3-Year EBITDA Growth Rate has ranged from 12.90 to 24.00 over the past decade. While the company's 10-year median is 18.45 vs. the industry median of 10.60, First Watch Restaurant Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year EBITDA Growth Rate for a Restaurants company?
The median 3-Year EBITDA Growth Rate among Restaurants companies is 10.60, based on 284 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year EBITDA Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year EBITDA Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Watch Restaurant Group's current 3-Year EBITDA Growth Rate of 24.00% is 126.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year EBITDA Growth Rate mean?
A high 3-Year EBITDA Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for First Watch Restaurant Group and its competitors. For the Restaurants industry, the median 3-Year EBITDA Growth Rate is 10.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Watch Restaurant Group's current 3-Year EBITDA Growth Rate is 24.00%, which is 30% above median its own 10-year median of 18.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Watch Restaurant Group stock overvalued right now?
Based on GuruFocus' analysis, First Watch Restaurant Group (FWRG) is currently considered Possible Value Trap. The stock's GF Value™ is $22.39, compared to a current price of $12.01 — trading 46.4% below its estimated fair value. The current 3-Year EBITDA Growth Rate is 24.00%, which is 30% above median its 10-year median of 18.45 and 126.4% above the Restaurants industry median of 10.60. First Watch Restaurant Group's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year EBITDA Growth Rate calculated?
3-Year EBITDA Growth Rate is calculated from a company's financial statements. For First Watch Restaurant Group (FWRG), the current 3-Year EBITDA Growth Rate is 24.00% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Watch Restaurant Group (FWRG) Overvalued in 2026?
Based on GuruFocus' analysis, First Watch Restaurant Group stock appears to be undervalued.
The current stock price of $12.01 is trading 46.4% below its estimated GF Value™ of $22.39.
GuruFocus considers First Watch Restaurant Group to be Possible Value Trap.
Key valuation signals for FWRG:
3-Year EBITDA Growth Rate: 24.00% (30% above median its 10-year median of 18.45)
GF Value™: $22.39 vs. price of $12.01 (46.4% below fair value)
Industry Position: 126.4% above the Restaurants median (#79 of 284)
No single metric tells the full story. See the FWRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
75GF Score
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3-Year EBITDA Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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