Intrinsic value of Bojangles' - BOJA

Previous Close

$14.70

  Intrinsic Value

$21.84

stock screener

  Rating & Target

buy

+49%

Previous close

$14.70

 
Intrinsic value

$21.84

 
Up/down potential

+49%

 
Rating

buy

We calculate the intrinsic value of BOJA stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  9.02
  2.90
  3.11
  3.30
  3.47
  3.62
  3.76
  3.88
  4.00
  4.10
  4.19
  4.27
  4.34
  4.41
  4.47
  4.52
  4.57
  4.61
  4.65
  4.68
  4.72
  4.74
  4.77
  4.79
  4.81
  4.83
  4.85
  4.86
  4.88
  4.89
  4.90
Revenue, $m
  532
  563
  580
  600
  620
  643
  667
  693
  721
  750
  781
  815
  850
  888
  927
  969
  1,013
  1,060
  1,109
  1,161
  1,216
  1,274
  1,335
  1,399
  1,466
  1,537
  1,611
  1,690
  1,772
  1,859
  1,950
Variable operating expenses, $m
 
  492
  506
  521
  538
  555
  574
  595
  617
  640
  665
  644
  672
  701
  733
  766
  801
  838
  877
  918
  961
  1,007
  1,055
  1,105
  1,158
  1,214
  1,273
  1,335
  1,400
  1,469
  1,541
Fixed operating expenses, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  466
  492
  506
  521
  538
  555
  574
  595
  617
  640
  665
  644
  672
  701
  733
  766
  801
  838
  877
  918
  961
  1,007
  1,055
  1,105
  1,158
  1,214
  1,273
  1,335
  1,400
  1,469
  1,541
Operating income, $m
  66
  71
  74
  78
  83
  87
  92
  98
  104
  110
  116
  171
  178
  186
  195
  203
  213
  222
  233
  244
  255
  267
  280
  293
  308
  322
  338
  355
  372
  390
  409
EBITDA, $m
  82
  172
  178
  183
  190
  197
  204
  212
  220
  229
  239
  249
  260
  272
  284
  297
  310
  324
  339
  355
  372
  390
  408
  428
  449
  470
  493
  517
  542
  569
  597
Interest expense (income), $m
  8
  8
  9
  9
  10
  10
  11
  12
  12
  13
  14
  15
  15
  16
  17
  18
  20
  21
  22
  23
  25
  26
  28
  29
  31
  33
  35
  37
  39
  41
  43
Earnings before tax, $m
  57
  62
  66
  69
  73
  77
  82
  86
  91
  97
  103
  156
  163
  170
  177
  185
  193
  202
  211
  220
  231
  241
  252
  264
  277
  290
  303
  318
  333
  349
  366
Tax expense, $m
  19
  17
  18
  19
  20
  21
  22
  23
  25
  26
  28
  42
  44
  46
  48
  50
  52
  54
  57
  60
  62
  65
  68
  71
  75
  78
  82
  86
  90
  94
  99
Net income, $m
  38
  45
  48
  50
  53
  56
  60
  63
  67
  71
  75
  114
  119
  124
  129
  135
  141
  147
  154
  161
  168
  176
  184
  193
  202
  211
  221
  232
  243
  255
  267

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  14
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  560
  571
  589
  608
  629
  652
  676
  703
  731
  761
  793
  826
  862
  900
  940
  983
  1,028
  1,075
  1,125
  1,178
  1,234
  1,292
  1,354
  1,419
  1,487
  1,559
  1,634
  1,714
  1,797
  1,885
  1,978
Adjusted assets (=assets-cash), $m
  546
  571
  589
  608
  629
  652
  676
  703
  731
  761
  793
  826
  862
  900
  940
  983
  1,028
  1,075
  1,125
  1,178
  1,234
  1,292
  1,354
  1,419
  1,487
  1,559
  1,634
  1,714
  1,797
  1,885
  1,978
Revenue / Adjusted assets
  0.974
  0.986
  0.985
  0.987
  0.986
  0.986
  0.987
  0.986
  0.986
  0.986
  0.985
  0.987
  0.986
  0.987
  0.986
  0.986
  0.985
  0.986
  0.986
  0.986
  0.985
  0.986
  0.986
  0.986
  0.986
  0.986
  0.986
  0.986
  0.986
  0.986
  0.986
Average production assets, $m
  368
  541
  558
  576
  596
  618
  641
  666
  692
  721
  751
  783
  817
  853
  891
  931
  974
  1,019
  1,066
  1,116
  1,169
  1,224
  1,283
  1,344
  1,409
  1,477
  1,549
  1,624
  1,703
  1,786
  1,874
Working capital, $m
  -23
  -10
  -10
  -10
  -11
  -11
  -11
  -12
  -12
  -13
  -13
  -14
  -14
  -15
  -16
  -16
  -17
  -18
  -19
  -20
  -21
  -22
  -23
  -24
  -25
  -26
  -27
  -29
  -30
  -32
  -33
Total debt, $m
  186
  162
  170
  180
  190
  201
  213
  226
  240
  254
  270
  286
  304
  322
  342
  363
  384
  407
  432
  458
  485
  513
  543
  575
  608
  643
  680
  718
  759
  802
  847
Total liabilities, $m
  349
  278
  287
  296
  306
  317
  329
  342
  356
  370
  386
  402
  420
  438
  458
  479
  501
  524
  548
  574
  601
  629
  659
  691
  724
  759
  796
  835
  875
  918
  963
Total equity, $m
  211
  293
  302
  312
  323
  334
  347
  360
  375
  390
  407
  424
  442
  462
  482
  504
  527
  552
  577
  604
  633
  663
  694
  728
  763
  800
  838
  879
  922
  967
  1,015
Total liabilities and equity, $m
  560
  571
  589
  608
  629
  651
  676
  702
  731
  760
  793
  826
  862
  900
  940
  983
  1,028
  1,076
  1,125
  1,178
  1,234
  1,292
  1,353
  1,419
  1,487
  1,559
  1,634
  1,714
  1,797
  1,885
  1,978
Debt-to-equity ratio
  0.882
  0.550
  0.560
  0.580
  0.590
  0.600
  0.610
  0.630
  0.640
  0.650
  0.660
  0.680
  0.690
  0.700
  0.710
  0.720
  0.730
  0.740
  0.750
  0.760
  0.770
  0.770
  0.780
  0.790
  0.800
  0.800
  0.810
  0.820
  0.820
  0.830
  0.830
Adjusted equity ratio
  0.361
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513
  0.513

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  38
  45
  48
  50
  53
  56
  60
  63
  67
  71
  75
  114
  119
  124
  129
  135
  141
  147
  154
  161
  168
  176
  184
  193
  202
  211
  221
  232
  243
  255
  267
Depreciation, amort., depletion, $m
  16
  102
  103
  105
  107
  109
  112
  114
  117
  120
  123
  78
  82
  85
  89
  93
  97
  102
  107
  112
  117
  122
  128
  134
  141
  148
  155
  162
  170
  179
  187
Funds from operations, $m
  55
  147
  151
  156
  160
  166
  171
  177
  184
  190
  198
  192
  201
  209
  218
  228
  238
  249
  261
  273
  285
  298
  312
  327
  343
  359
  376
  394
  413
  433
  454
Change in working capital, $m
  1
  0
  0
  0
  0
  0
  0
  0
  0
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -2
Cash from operations, $m
  54
  147
  151
  156
  161
  166
  172
  178
  184
  191
  198
  193
  201
  210
  219
  229
  239
  250
  261
  273
  286
  299
  314
  328
  344
  360
  378
  396
  415
  435
  456
Maintenance CAPEX, $m
  0
  -53
  -54
  -56
  -58
  -60
  -62
  -64
  -67
  -69
  -72
  -75
  -78
  -82
  -85
  -89
  -93
  -97
  -102
  -107
  -112
  -117
  -122
  -128
  -134
  -141
  -148
  -155
  -162
  -170
  -179
New CAPEX, $m
  -10
  -15
  -17
  -18
  -20
  -22
  -23
  -25
  -27
  -28
  -30
  -32
  -34
  -36
  -38
  -40
  -43
  -45
  -47
  -50
  -53
  -55
  -58
  -61
  -65
  -68
  -72
  -75
  -79
  -83
  -88
Cash from investing activities, $m
  -10
  -68
  -71
  -74
  -78
  -82
  -85
  -89
  -94
  -97
  -102
  -107
  -112
  -118
  -123
  -129
  -136
  -142
  -149
  -157
  -165
  -172
  -180
  -189
  -199
  -209
  -220
  -230
  -241
  -253
  -267
Free cash flow, $m
  44
  80
  81
  82
  83
  85
  87
  89
  91
  93
  96
  86
  89
  92
  96
  99
  103
  108
  112
  117
  122
  127
  133
  139
  145
  151
  158
  166
  173
  181
  190
Issuance/(repayment) of debt, $m
  -49
  8
  9
  9
  10
  11
  12
  13
  14
  15
  16
  16
  17
  19
  20
  21
  22
  23
  24
  26
  27
  29
  30
  32
  33
  35
  37
  39
  41
  43
  45
Issuance/(repurchase) of shares, $m
  1
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -45
  8
  9
  9
  10
  11
  12
  13
  14
  15
  16
  16
  17
  19
  20
  21
  22
  23
  24
  26
  27
  29
  30
  32
  33
  35
  37
  39
  41
  43
  45
Total cash flow (excl. dividends), $m
  0
  88
  89
  91
  93
  96
  98
  101
  104
  108
  111
  102
  106
  111
  115
  120
  125
  131
  136
  142
  149
  156
  163
  170
  178
  186
  195
  204
  214
  224
  235
Retained Cash Flow (-), $m
  -44
  -8
  -9
  -10
  -11
  -12
  -13
  -13
  -14
  -15
  -16
  -17
  -18
  -19
  -21
  -22
  -23
  -24
  -26
  -27
  -29
  -30
  -32
  -33
  -35
  -37
  -39
  -41
  -43
  -45
  -47
Prev. year cash balance distribution, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  2
  2
  2
  2
  2
  2
  2
  2
  2
  2
  2
  2
  3
  3
  3
  3
  3
  3
  3
  3
  4
  4
  4
  4
  4
  5
  5
  5
  5
  6
Cash available for distribution, $m
 
  80
  80
  81
  83
  84
  86
  88
  90
  92
  95
  85
  88
  91
  95
  98
  102
  106
  111
  115
  120
  126
  131
  137
  143
  150
  156
  164
  171
  179
  187
Discount rate, %
 
  5.60
  5.88
  6.17
  6.48
  6.81
  7.15
  7.50
  7.88
  8.27
  8.69
  9.12
  9.58
  10.06
  10.56
  11.09
  11.64
  12.22
  12.84
  13.48
  14.15
  14.86
  15.60
  16.38
  17.20
  18.06
  18.96
  19.91
  20.91
  21.95
  23.05
PV of cash for distribution, $m
 
  75
  71
  68
  64
  61
  57
  53
  49
  45
  41
  33
  29
  26
  23
  20
  18
  15
  13
  10
  9
  7
  5
  4
  3
  2
  2
  1
  1
  1
  0
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Bojangles', Inc. is a restaurant operator and franchisor. The Company offers food made from its Southern recipes. The Company's menu includes its made-from-scratch, buttermilk biscuits baked fresh every 20 minutes; its fresh, never-frozen bone-in fried chicken; its fixin's; its Bo-Smart menu featuring items, such as salads, grilled chicken sandwiches, roasted chicken bites and fat-free green beans; its freshly baked and delicious sweets menu, and its Legendary Iced Tea. The Company's food is offered a la carte and in combos. The Company's chicken, fixin's, biscuits and Legendary Iced Tea may also be ordered in boxes or family meals, and larger combinations may be offered as tailgate specials or may be packaged in its Big Bo Box. The Company offers Southern style mac 'n cheese made from two cheeses; fat-free green beans; cole slaw, and mashed potatoes with gravy. Its menu also features salads, sandwiches and its whole meat Roasted Chicken Bites.

FINANCIAL RATIOS  of  Bojangles' (BOJA)

Valuation Ratios
P/E Ratio 14.1
Price to Sales 1
Price to Book 2.5
Price to Tangible Book
Price to Cash Flow 9.9
Price to Free Cash Flow 12.2
Growth Rates
Sales Growth Rate 9%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -16.7%
Cap. Spend. - 3 Yr. Gr. Rate 2.1%
Financial Strength
Quick Ratio 2
Current Ratio 0
LT Debt to Equity 83.9%
Total Debt to Equity 88.2%
Interest Coverage 8
Management Effectiveness
Return On Assets 7.8%
Ret/ On Assets - 3 Yr. Avg. 6.4%
Return On Total Capital 9.6%
Ret/ On T. Cap. - 3 Yr. Avg. 7.7%
Return On Equity 20.1%
Return On Equity - 3 Yr. Avg. 18.4%
Asset Turnover 1
Profitability Ratios
Gross Margin 20.5%
Gross Margin - 3 Yr. Avg. 20.3%
EBITDA Margin 15.2%
EBITDA Margin - 3 Yr. Avg. 14.4%
Operating Margin 12.4%
Oper. Margin - 3 Yr. Avg. 11.6%
Pre-Tax Margin 10.7%
Pre-Tax Margin - 3 Yr. Avg. 9.8%
Net Profit Margin 7.1%
Net Profit Margin - 3 Yr. Avg. 6.2%
Effective Tax Rate 33.3%
Eff/ Tax Rate - 3 Yr. Avg. 36.2%
Payout Ratio 0%

BOJA stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the BOJA stock intrinsic value calculation we used $547 million for the last fiscal year's total revenue generated by Bojangles'. The default revenue input number comes from 2016 income statement of Bojangles'. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our BOJA stock valuation model: a) initial revenue growth rate of 2.9% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 5.6%, whose default value for BOJA is calculated based on our internal credit rating of Bojangles', is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Bojangles'.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of BOJA stock the variable cost ratio is equal to 87.7%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for BOJA stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Bojangles'.

Corporate tax rate of 27% is the nominal tax rate for Bojangles'. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the BOJA stock is equal to 0.3%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for BOJA are equal to 96.1%.

Life of production assets of 10 years is the average useful life of capital assets used in Bojangles' operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for BOJA is equal to -1.7%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $285 million for Bojangles' - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 37 million for Bojangles' is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Bojangles' at the current share price and the inputted number of shares is $0.5 billion.

RELATED COMPANIES Price Int.Val. Rating
FRGI Fiesta Restaur 30.15 6.96  str.sell
LOCO El Pollo Loco 11.90 11.21  hold
CMG Chipotle Mexic 451.19 699.84  str.buy
SHAK Shake Shack Cl 67.97 55.20  buy
WING Wingstop 52.13 5.10  str.sell
HABT Habit Restaura 10.30 7.37  hold
SONC Sonic 36.78 1.09  str.sell
PBPB Potbelly 12.90 1.58  str.sell

COMPANY NEWS

▶ Top Ranked Value Stocks to Buy for July 18th   [Jul-18-18 07:36AM  Zacks]
▶ Should You Buy Bojangles Inc (NASDAQ:BOJA) At This PE Ratio?   [Jun-22-18 02:00PM  Simply Wall St.]
▶ Top Ranked Value Stocks to Buy for June 21st   [Jun-21-18 07:35AM  Zacks]
▶ Business + Coffee: Tesla balks, Panthers sold, Uber & sexual assault   [May-15-18 02:14PM  Yahoo Finance Video]
▶ Bojangles: 1Q Earnings Snapshot   [May-08-18 05:16PM  Associated Press]
▶ Bojangles departed CEO to be paid $900,000 in salary during next 18 months   [Apr-23-18 02:00PM  American City Business Journals]
▶ Bojangles' Is Officially in Reset Mode   [Mar-08-18 04:21PM  Motley Fool]
▶ Bojangles interim CEO sees brand 'moving forward' in 2018   [08:00AM  American City Business Journals]
▶ Bojangles' stock rallies after quarterly earnings beat   [Mar-06-18 04:36PM  MarketWatch]
▶ Bojangles tops Street 4Q forecasts   [04:33PM  Associated Press]
▶ Bojangles' stock takes a hit ahead of financials report   [04:21PM  American City Business Journals]
▶ Bojangles', Inc. to Host Earnings Call   [01:00PM  ACCESSWIRE]
▶ Bojangles Q4 Earnings Preview   [07:56AM  Benzinga]
▶ Bojangles' brings back former chief as CEO exits abruptly   [Mar-05-18 06:30PM  American City Business Journals]
▶ 3 Themes to Follow When Bojangles' Reports Earnings   [Mar-01-18 04:46PM  Motley Fool]
▶ Got $5? Make Bojangles® Part of Your New Years Resolution   [Jan-03-18 08:00AM  Business Wire]
▶ ETFs with exposure to Bojangles, Inc. : December 27, 2017   [Dec-27-17 11:02AM  Capital Cube]
▶ ETFs with exposure to Bojangles, Inc. : December 4, 2017   [Dec-04-17 10:54AM  Capital Cube]
▶ Running on Empty? Fill up with a Hearty Bojangles® Bowl   [Nov-29-17 02:31PM  Business Wire]
▶ ETFs with exposure to Bojangles, Inc. : November 21, 2017   [Nov-21-17 11:21AM  Capital Cube]
▶ When Will Bojangles' Stock Recover?   [01:45PM  Motley Fool]
▶ ETFs with exposure to Bojangles, Inc. : November 7, 2017   [Nov-07-17 09:48AM  Capital Cube]
▶ Bojangles plans to test delivery service in Charlotte   [Nov-02-17 03:10PM  American City Business Journals]
▶ Bojangles meets 3Q profit forecasts   [Nov-01-17 05:49PM  Associated Press]
▶ ETFs with exposure to Bojangles, Inc. : October 3, 2017   [Oct-03-17 10:58AM  Capital Cube]
▶ New Strong Sell Stocks for September 19th   [Sep-19-17 07:41AM  Zacks]
▶ New Strong Sell Stocks for September 14th   [Sep-14-17 09:30AM  Zacks]
▶ ETFs with exposure to Bojangles, Inc. : August 14, 2017   [Aug-14-17 04:14PM  Capital Cube]
▶ New Strong Sell Stocks for August 1st   [Aug-01-17 09:44AM  Zacks]
▶ Why Bojangles', Inc. Stock Dropped Today   [Jul-28-17 10:15PM  Motley Fool]
▶ Bojangles beats 2Q profit forecasts   [Jul-27-17 09:56PM  Associated Press]
▶ ETFs with exposure to Bojangles, Inc. : June 1, 2017   [Jun-01-17 01:40PM  Capital Cube]
Financial statements of BOJA
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.