The Cheesecake Factory (FRA:CF2) EV-to-EBITDA: 20.52 (As of Jul. 24, 2026) — 38% Above Median

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FRA:CF2 The Cheesecake Factory Inc FRA:CF2
73 GF Score
Price €73.68
GF Value €42.28
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is The Cheesecake Factory EV-to-EBITDA?

The Cheesecake Factory FRA:CF2 -1.86% 73 EV-to-EBITDA is 20.52 as of Jul. 24, 2026, which is 38% above its 10-year median of 14.82. GuruFocus rates FRA:CF2 with a GF Score™ of 73/100 and a GF Value™ of €42.28 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 307 Restaurants companies, The Cheesecake Factory ranks worse than 82.08% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, The Cheesecake Factory's enterprise value is €5,348 Mil. The Cheesecake Factory's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €261 Mil. Therefore, The Cheesecake Factory's EV-to-EBITDA for today is 20.52.

The historical rank and industry rank for The Cheesecake Factory's EV-to-EBITDA or its related term are showing as below:

FRA:CF2' s EV-to-EBITDA Range Over the Past 10 Years
Min: -53.58   Med: 14.82   Max: 410.07
Current: 20.17

During the past 13 years, the highest EV-to-EBITDA of The Cheesecake Factory was 410.07. The lowest was -53.58. And the median was 14.82.

FRA:CF2's EV-to-EBITDA is ranked worse than
82.08% of 307 companies
in the Restaurants industry
Industry Median: 9.55 vs FRA:CF2: 20.17

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-24), The Cheesecake Factory's stock price is €73.68. The Cheesecake Factory's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €2.944. Therefore, The Cheesecake Factory's PE Ratio (TTM) for today is 25.03.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


The Cheesecake Factory  (FRA:CF2) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

The Cheesecake Factory's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=73.68/2.944
=25.03

The Cheesecake Factory's share price for today is €73.68.
The Cheesecake Factory's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2.944.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


The Cheesecake Factory EV-to-EBITDA Related Terms


The Cheesecake Factory EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for The Cheesecake Factory's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Cheesecake Factory EV-to-EBITDA Chart

The Cheesecake Factory Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.35 25.22 17.59 15.07 15.65

The Cheesecake Factory Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.61 17.59 15.89 15.65 15.30

FRA:CF2 vs WING, SHAK, ARCO: EV-to-EBITDA Comparison

For the Restaurants subindustry, The Cheesecake Factory's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


The Cheesecake Factory EV-to-EBITDA vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, The Cheesecake Factory's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where The Cheesecake Factory's EV-to-EBITDA falls into.


FRA:CF2
73GF Score
The Cheesecake Factory Inc FRA:CF2
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Cheesecake Factory EV-to-EBITDA Calculation

The Cheesecake Factory's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=5348.412/260.582
=20.52

The Cheesecake Factory's current Enterprise Value is €5,348 Mil.
The Cheesecake Factory's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €261 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 20.52 mean?
The Cheesecake Factory (FRA:CF2) has a EV-to-EBITDA of 20.52 as of Jul. 24, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on The Cheesecake Factory. This is 38% above median its historical median of 14.82. According to the industry distribution chart, The Cheesecake Factory ranks #252 out of 307 companies in the Restaurants industry, placing it in the top 82.1%.
Is The Cheesecake Factory's EV-to-EBITDA too high?
The Cheesecake Factory's current EV-to-EBITDA of 20.52 is 38% above median its 10-year median of 14.82. The Restaurants industry median EV-to-EBITDA is 9.55. The Cheesecake Factory's value of 20.52 is 114.9% above this industry median. Based on the distribution chart, The Cheesecake Factory ranks #252 out of 307 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, The Cheesecake Factory has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Cheesecake Factory's EV-to-EBITDA compare to WING and SHAK?
According to the Restaurants industry distribution chart, The Cheesecake Factory ranks #252 out of 307 companies for EV-to-EBITDA. This places The Cheesecake Factory in the lower half of its industry. The industry median EV-to-EBITDA is 9.55. The Cheesecake Factory's value of 20.52 is 114.9% above this benchmark. While the company's 10-year median is 14.82 vs. the industry median of 9.55, The Cheesecake Factory 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 EV-to-EBITDA for a Restaurants company?
The median EV-to-EBITDA among Restaurants companies is 9.55, based on 307 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Cheesecake Factory's current EV-to-EBITDA of 20.52 is 114.9% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on The Cheesecake Factory. For the Restaurants industry, the median EV-to-EBITDA is 9.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Cheesecake Factory's current EV-to-EBITDA is 20.52, which is 38% above median its own 10-year median of 14.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Cheesecake Factory stock overvalued right now?
Based on GuruFocus' analysis, The Cheesecake Factory (FRA:CF2) is currently considered Significantly Overvalued. The stock's GF Value™ is €42.28, compared to a current price of €73.68 — trading 74.3% above its estimated fair value. The current EV-to-EBITDA is 20.52, which is 38% above median its 10-year median of 14.82 and 114.9% above the Restaurants industry median of 9.55. The Cheesecake Factory's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For The Cheesecake Factory (FRA:CF2), the current EV-to-EBITDA is 20.52 as of Jul. 24, 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 The Cheesecake Factory (FRA:CF2) Overvalued in 2026?

Based on GuruFocus' analysis, The Cheesecake Factory stock appears to be overvalued. The current stock price of €73.68 is trading 74.3% above its estimated GF Value™ of €42.28. GuruFocus considers The Cheesecake Factory to be Significantly Overvalued.

Key valuation signals for FRA:CF2:

  • EV-to-EBITDA: 20.52 (38% above median its 10-year median of 14.82)
  • GF Value™: €42.28 vs. price of €73.68 (74.3% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 114.9% above the Restaurants median (#252 of 307)

No single metric tells the full story. See the FRA:CF2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Cheesecake Factory Business Description

Address 26901 Malibu Hills Road, Calabasas Hills, CA, USA, 91301
The Cheesecake Factory Inc is a restaurant company that owns and operates multiple casual dining brands across the United States and Canada under brands that include The Cheesecake Factory, North Italia, Flower Child, and additional brands within its Fox Restaurant Concepts portfolio. The company's international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The company also has a bakery division that produces cheesecakes and other baked products for sale in its restaurants, international licensees, and third-party bakery customers. The company has four operating business segments: The Cheesecake Factory restaurants, North Italia, Other FRC, and Other. The majority of the company's revenue comes from the Cheesecake Factory restaurants segment.
73GF Score

Get the complete analysis for FRA:CF2

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€73.68
Price
€42.28
GF Value