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Happy Belly Food Group (FRA:W3J) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Happy Belly Food Group Forward PE Ratio Related Terms
Happy Belly Food Group Forward PE Ratio Historical Data
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The historical data trend for Happy Belly Food Group's Forward PE Ratio 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.
Happy Belly Food Group Forward PE Ratio Chart
Happy Belly Food Group Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
55.00
114.17
Happy Belly Food Group Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
55.00
59.23
51.54
72.92
114.17
81.25
FRA:W3J vs MCD, SBUX, CMG: Forward PE Ratio Comparison
For the Restaurants subindustry, Happy Belly Food Group's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio 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.
Happy Belly Food Group Forward PE Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Happy Belly Food Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Happy Belly Food Group's Forward PE Ratio falls into.
Happy Belly Food Group Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Happy Belly Food Group (FRA:W3J) has a Forward PE Ratio of 37.00 as of Sep. 06, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Happy Belly Food Group and its competitors. According to the industry distribution chart, Happy Belly Food Group ranks #137 out of 161 companies in the Restaurants industry, placing it in the top 85.1%.
Is Happy Belly Food Group's Forward PE Ratio too high?
Happy Belly Food Group's current Forward PE Ratio is 37.00. The Restaurants industry median Forward PE Ratio is 16.57. Happy Belly Food Group's value of 37.00 is 123.3% above this industry median. Based on the distribution chart, Happy Belly Food Group ranks #137 out of 161 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Happy Belly Food Group has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Happy Belly Food Group's Forward PE Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Happy Belly Food Group ranks #137 out of 161 companies for Forward PE Ratio. This places Happy Belly Food Group in the lower half of its industry. The industry median Forward PE Ratio is 16.57. Happy Belly Food Group's value of 37.00 is 123.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Restaurants company?
The median Forward PE Ratio among Restaurants companies is 16.57, based on 161 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Happy Belly Food Group's current Forward PE Ratio of 37.00 is 123.3% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Happy Belly Food Group and its competitors. For the Restaurants industry, the median Forward PE Ratio is 16.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Belly Food Group's current Forward PE Ratio is 37.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Belly Food Group stock overvalued right now?
Based on GuruFocus' analysis, Happy Belly Food Group (FRA:W3J) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.15, compared to a current price of €0.92 — trading 20.4% below its estimated fair value. The current Forward PE Ratio is 37.00 and 123.3% above the Restaurants industry median of 16.57. Happy Belly Food Group's overall GF Score™ is 58/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Happy Belly Food Group (FRA:W3J), the current Forward PE Ratio is 37.00 as of Sep. 06, 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 Happy Belly Food Group (FRA:W3J) Overvalued in 2026?
Based on GuruFocus' analysis, Happy Belly Food Group stock appears to be undervalued.
The current stock price of €0.92 is trading 20.4% below its estimated GF Value™ of €1.15.
GuruFocus considers Happy Belly Food Group to be Modestly Undervalued.
Key valuation signals for FRA:W3J:
Forward PE Ratio: 37.00
GF Value™: €1.15 vs. price of €0.92 (20.4% below fair value)
Industry Position: 123.3% above the Restaurants median (#137 of 161)
No single metric tells the full story. See the FRA:W3J stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Happy Belly Food Group Inc operates and franchises Quick Service Restaurants (QSR) throughout Canada as well as sells its Consumer Product Goods (CPG) through wholesale and retail channels. It specializes in the growth of consumer food brands. It offers a diverse range of smoothie bowls and smoothies. The smoothie bowls are crafted with real fruit and enriched with superfoods like acai, pitaya, goji berries, chia seeds. Its brands include HEAL, Rosie's, Yolks, SmileTiger, Joey Turks, Salus, among others. The company's operating segments are: Quick Service Restaurants (inclusive of franchised restaurants); Consumer Product Goods; and Corporate.
58GF Score
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