Biglari Holdings Inc BH

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States.

The label

Markup

read at $384.19

Biglari Holdings Inc holds its Markup at $384.19.

PHPhase · the trend structure carries the Markup label
INInsiders · no filings inside 60 days, left as found
POPositioning · no disclosures inside 60 days, left as found
OPOptions · no verdict drawn today, left as found
SCScreen · passes the values gate

edge confirmed
edge broken
edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2026-07-19
Phase	Markup
Quantitative state	The statistical read favours the sellers, held for 16 days
Price	$384.19
Valuation	N/A trailing · -51.57 forward price to earnings
Values screen	PASS · score 70.0
Beta	0.53

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Forward P/E	-51.6x
Revenue growth	2.6% slow but positive growth
Profit margin	-4.7% currently unprofitable
Return on equity	-3.5% not currently earning a positive return on equity
Debt to equity	0.69 moderate, manageable leverage
Current ratio	2.47 comfortably covers its short-term bills
Beta	0.53 steadier than the market
Market cap	$1.2B
Employees	2,359

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market.

Plain-English interpretation of our own screen data. Analysis, not advice.

Related securities · others in BH's space worth a look

CBRL Cracker Barrel Old Country Store, Inc. PZZA Papa John's International, Inc. BJRI BJ's Restaurants, Inc. WEN The Wendy's Company SG Sweetgreen, Inc. MTPLF Metaplanet Inc.

Screened names in the same industry · explore each on its own page.

The trader read · the latest dated commentary

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 13.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading overbought. Over the past year the shares are up 16%. Our forward projection puts the odds of a 10% gain over the next month near 31%. Entered 2026-07-23 · Markup

The dated journal · newest first, never edited

2026-07-23 Markup $384.19 +13.0% Entry 4

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 13.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading overbought. Over the past year the shares are up 16%. Our forward projection puts the odds of a 10% gain over the next month near 31%.

2026-07-18 Markup $339.90 +0.0% Entry 3

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading overbought. Over the past year the shares are up 16%. Our forward projection puts the odds of a 10% gain over the next month near 31%.

2026-07-03 Markup $339.90 +0.0% Entry 2

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.

2026-07-02 Markup $339.90 Entry 1

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

The political ledger · congressional disclosures

Disclosures naming BH
Date	Politician	Party	Type	Amount
15 May2026	Ro Khanna	Democrat	sell	1K–15K
14 May2026	Ro Khanna	Democrat	buy	1K–15K
1 May2026	Ro Khanna	Democrat	sell	1K–15K

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
Period	Price then	Price return	Divs per share	$1,000 became	Total return
1 month	$247.83	+24.9%	·	$1,249	+24.9%
2 months	$325.87	-5.0%	·	$950	-5.0%
3 months	$307.91	+0.5%	·	$1,005	+0.5%
6 months	$328.27	-5.7%	·	$943	-5.7%
1 year	$266.44	+16.2%	·	$1,162	+16.2%
2 years	$189.28	+63.5%	·	$1,635	+63.5%
3 years	$197.85	+56.4%	·	$1,564	+56.4%
5 years	$180.22	+71.7%	·	$1,717	+71.7%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever BH does next, these words stay.

Biglari Holdings Inc · BH · Markup · $384.19
Recorded 2026-07-19 · before the outcome · scored mechanically

All of today's entries See the running score

Biglari Holdings Inc BH

This entry now belongs to the ledger. Whatever BH does next, these words stay.

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