LOCO (LOCO)

$15.22 +1.87% on the day Market cap $473M 52-week range $8.98 to $17.40 Prices as of Oct 11, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Free cash flow growth the price needs
4% a year for 10 years

At a market value of $473M, LOCO's free cash flow of $25M (fiscal 2025) would need to grow about 4% a year for the stock to be worth today's price. That is slower than the company has grown its free cash flow over the last 9 years.

Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from LOCO's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.

Implied by the price4.0% a year
Free cash flow, last 9 years8.8% a year
Revenue, same period2.9% a year
Price to free cash flow18.6x

Fundamental grade

C

Five factors scored 1 to 9 from LOCO's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation9
Profitability5
Growth6
Financial health3
Cash efficiency4

Results from SEC filings

Fiscal years, from LOCO's 10-K filings. Ten years of the full income statement, balance sheet and cash flow.

Fiscal year20212022202320242025
Revenue$454M$470M$469M$473M$490M
Net income$29M$21M$26M$26M$26M
Free cash flow$35M$19M$19M$28M$25M
EPS (diluted)$0.80$0.57$0.74$0.86$0.90
Operating margin9.1%6.4%8.5%8.7%8.6%

Where the revenue comes from

Revenue by products, fiscal 2025. Every breakdown, year by year.

Company-operated restaurant revenue$406M83%
Franchise revenue$52M11%
Franchise advertising fee revenue$32M6%

Superinvestors who own LOCO

From each investor's latest 13F filing (what a 13F shows). 3 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Sardar Biglari
Biglari Capital Corp.
Trimmed $64M5.4%Q2 2026
Jean-Marie Eveillard
First Eagle Investment Management
Added $17M0.03%Q2 2026
Cliff Asness
AQR Capital Management
Trimmed $2M0.00%Q2 2026

Insider buying

Open-market purchases by LOCO's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

No open-market insider purchases of LOCO in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

What growth does LOCO's stock price imply?

At a market value of $473M, LOCO would need its free cash flow to grow about 4% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 9 years its free cash flow grew 9% a year.

Are LOCO insiders buying the stock?

No open-market insider purchases of LOCO in the last 12 months, according to SEC Form 4 filings.

Which superinvestors own LOCO?

3 of the superinvestors Investingly tracks hold LOCO in their latest 13F, including Sardar Biglari, Jean-Marie Eveillard, Cliff Asness.

Prices and ratios as of Oct 11, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.