Estados financieros detallados de Flanigan's Enterprises, Inc. (BDL): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Flanigan's Enterprises, Inc. registró ingresos de $205.2M en el último ejercicio fiscal, con un CAGR de 5 años del 12.7%. El beneficio neto alcanzó $5.0M, con un CAGR a 5 años del 35.3%.
Márgenes de los últimos 12 meses: margen bruto 18.3%, margen operativo 4.8%, margen neto 3.1%. El flujo de caja libre creció a un CAGR del -5.6% en 5 años.
Al precio actual de $44.61, BDL cotiza a un P/E de 12.91 y un ROE del 9.84%. La capitalización bursátil es de $83M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $103.6M | $106.8M | $113.3M | $116.0M | $112.9M | $137.0M | $158.0M | $174.4M | $188.3M | $205.2M |
| Coste de Ventas | $78.5M | $81.9M | $86.1M | $89.1M | $90.1M | $108.4M | $117.6M | $141.6M | $147.4M | $166.3M |
| Beneficio Bruto | $25.1M | $25.0M | $27.2M | $26.9M | $22.7M | $28.7M | $40.4M | $32.8M | $40.9M | $39.0M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $18.3M | $18.7M | $19.9M | $20.8M | $19.9M | $20.3M | $33.6M | $25.8M | $5.3M | $5.5M |
| Gastos Operativos | $18.3M | $18.7M | $19.7M | $20.6M | $19.8M | $20.0M | $33.4M | $25.8M | $34.5M | $30.9M |
| Beneficio Operativo | $6.8M | $6.3M | $7.4M | $6.3M | $2.9M | $8.7M | $6.9M | $7.0M | $6.4M | $8.1M |
| EBITDA | $9.5M | $8.9M | $10.3M | $9.4M | $9.2M | $24.5M | $16.0M | $13.2M | $13.4M | $16.9M |
| Gastos por Intereses | $557000 | $600000 | $753000 | $708000 | $836000 | $938000 | $757000 | $1.1M | $1.0M | $957000 |
| Beneficio Antes de Impuestos | $6.3M | $5.8M | $6.8M | $6.3M | $2.1M | $17.9M | $9.8M | $6.1M | $5.6M | $8.6M |
| Impuestos | $1.4M | $1.4M | $1.4M | $887000 | -$60000 | $1.2M | $763000 | $649000 | $286000 | $622000 |
| Beneficio Neto | $3.0M | $3.0M | $3.7M | $5.4M | $1.1M | $11.8M | $6.3M | $4.0M | $3.4M | $5.0M |
| BPA | $1.64 | $1.63 | $1.98 | $2.89 | $0.60 | $6.34 | $3.40 | $2.15 | $1.81 | $2.71 |
| BPA Diluido | $1.64 | $1.63 | $1.98 | $2.89 | $0.60 | $6.34 | $3.40 | $2.15 | $1.81 | $2.71 |
| Acciones en Circulación (Diluidas) | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $49.2M | $52.6M | $56.5M | $56.2M |
| Beneficio Bruto | $7.0M | $13.3M | $12.4M | $6.6M |
| Beneficio Operativo | $656000 | $1.5M | $4.0M | $4.0M |
| EBITDA | $3.7M | $3.8M | $6.4M | $5.4M |
| Beneficio Neto | $896000 | $805000 | $2.9M | $2.1M |
| BPA | $0.48 | $0.43 | $1.55 | $1.11 |
| BPA Diluido | $0.48 | $0.43 | $1.55 | $1.11 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $10.2M | $9.9M | $13.4M | $13.7M | $29.9M | $32.7M | $42.1M | $25.5M | $21.4M | $20.1M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $689000 | $496000 | $474000 | $870000 | $681000 | $450000 | $456000 | $834000 | $1.1M | $892000 |
| Inventario | $2.6M | $2.8M | $3.2M | $3.3M | $3.6M | $4.3M | $6.5M | $7.2M | $7.0M | $6.9M |
| Activos Corrientes | $15.3M | $14.9M | $19.0M | $19.6M | $36.5M | $39.8M | $50.9M | $35.3M | $31.5M | $30.6M |
| Inmovilizado Material | $38.2M | $42.7M | $45.8M | $47.8M | $74.1M | $85.6M | $94.7M | $108.1M | $108.7M | $108.0M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | $1.3M | $1.2M | $630000 | $630000 | $630000 | $822000 | $1.3M | $1.3M | $1.3M | $1.3M |
| Activos Totales | $56.6M | $60.5M | $67.3M | $68.8M | $112.5M | $128.0M | $147.5M | $145.8M | $142.1M | $140.6M |
| Cuentas por Pagar | $7.8M | $8.1M | $9.2M | $8.5M | $9.2M | $6.4M | $8.1M | $9.3M | $7.2M | $5.9M |
| Deuda a Corto | $1.5M | $1.1M | $2.0M | $2.0M | $5.1M | $2.6M | $2.3M | $1.3M | $1.4M | $1.5M |
| Pasivos Corrientes | $11.5M | $11.0M | $13.3M | $13.1M | $25.4M | $20.2M | $22.2M | $22.4M | $19.9M | $18.1M |
| Deuda a Largo | $8.8M | $11.3M | $12.6M | $11.1M | $21.2M | $19.6M | $23.1M | $21.8M | $20.5M | $19.1M |
| Pasivos Totales | $20.2M | $22.3M | $25.9M | $24.2M | $66.9M | $67.4M | $74.2M | $70.9M | $66.7M | $61.5M |
| Reservas | $28.8M | $31.4M | $34.6M | $37.7M | $38.8M | $50.6M | $55.1M | $58.2M | $60.7M | $64.7M |
| Patrimonio Neto | $29.3M | $32.0M | $35.2M | $38.3M | $39.4M | $51.2M | $55.7M | $59.2M | $61.2M | $65.2M |
| Deuda Total | $10.3M | $12.4M | $14.6M | $13.1M | $54.5M | $51.3M | $55.9M | $51.4M | $50.2M | $47.1M |
| Deuda Neta | $81000 | $2.5M | $1.2M | -$592000 | $24.6M | $18.6M | $13.8M | $25.8M | $28.8M | $27.0M |
| Capital Circulante | $3.9M | $3.9M | $5.7M | $6.5M | $11.1M | $19.6M | $28.7M | $12.9M | $11.6M | $12.5M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $20.1M | $23.0M | $22.8M | $28.8M |
| Activos Totales | $140.6M | $142.1M | $144.8M | $157.5M |
| Pasivos Totales | $61.5M | $62.3M | $62.1M | $73.3M |
| Patrimonio Neto | $65.2M | $66.0M | $68.8M | $69.8M |
| Deuda Total | $47.1M | $46.1M | $47.2M | $57.7M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $5.0M | $4.4M | $5.4M | $5.4M | $1.1M | $11.8M | $9.0M | $5.4M | $5.3M | $8.0M |
| Amortizaciones | $2.6M | $2.5M | $2.8M | $3.0M | $6.3M | $5.6M | $5.4M | $6.1M | $6.8M | $7.3M |
| Compensación en Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cambio en Capital Circulante | $823000 | $1.2M | $1.0M | $642000 | $335000 | $985000 | -$696000 | -$3.2M | -$5.3M | -$4.9M |
| Flujo de Caja Operativo | $8.8M | $8.3M | $10.0M | $9.6M | $8.8M | $14.0M | $10.5M | $8.5M | $6.6M | $10.5M |
| Inversiones (CapEx) | -$3.1M | -$7.1M | -$5.3M | -$5.8M | -$3.1M | -$11.3M | -$9.6M | -$18.7M | -$5.2M | -$6.2M |
| Adquisiciones | -$10000 | $73000 | $89000 | $30999 | -$405000 | -$404000 | -$75000 | $60000 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | -$344000 | -$372000 | -$465000 | -$520000 | 0 | 0 | -$1.9M | -$838000 | -$929000 | -$1.0M |
| Flujo de Caja Libre | $5.7M | $1.1M | $4.6M | $3.9M | $5.7M | $2.7M | $948000 | -$10.2M | $1.4M | $4.3M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $3.4M | $4.9M | $2.1M | $5.8M |
| Inversiones (CapEx) | -$1.2M | -$916000 | $916000 | -$9.3M |
| Flujo de Caja Libre | $2.1M | $4.0M | $3.1M | -$3.5M |
| Dividendos Pagados | 0 | 0 | 0 | -$1.1M |
| Compensación en Acciones | 0 | 0 | 0 | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +3.1% | +6.0% | +2.4% | -2.7% | +21.4% | +15.3% | +10.4% | +8.0% | +9.0% |
| Crecimiento Beneficio Neto (anual) | | -0.7% | +21.8% | +46.2% | -79.4% | +961.6% | -46.4% | -36.6% | -16.1% | +50.0% |
| Crecimiento BPA (anual) | | -0.6% | +21.5% | +46.0% | -79.2% | +956.7% | -46.4% | -36.8% | -15.8% | +49.7% |
| Cambio en Acciones (anual) | | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |
| Crecimiento FCF (anual) | | -80.5% | +317.6% | -16.3% | +47.2% | -52.2% | -65.2% | -1173.9% | +113.6% | +207.9% |
| Margen Bruto | 24.2% | 23.4% | 24.0% | 23.2% | 20.1% | 20.9% | 25.5% | 18.8% | 21.7% | 19.0% |
| Margen Operativo | 6.6% | 5.9% | 6.6% | 5.4% | 2.6% | 6.3% | 4.4% | 4.0% | 3.4% | 4.0% |
| Margen EBITDA | 9.2% | 8.4% | 9.1% | 8.1% | 8.2% | 17.9% | 10.1% | 7.6% | 7.1% | 8.3% |
| Margen Neto | 2.9% | 2.8% | 3.2% | 4.6% | 1.0% | 8.6% | 4.0% | 2.3% | 1.8% | 2.5% |
| Margen FCF | 5.5% | 1.0% | 4.1% | 3.3% | 5.1% | 2.0% | 0.6% | -5.8% | 0.7% | 2.1% |
| Tasa Impositiva Efectiva | 21.6% | 23.8% | 20.3% | 14.2% | -2.8% | 6.6% | 7.8% | 10.7% | 5.1% | 7.2% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $3.06 | $0.60 | $2.49 | $2.08 | $3.07 | $1.47 | $0.51 | $-5.48 | $0.75 | $2.30 |
| Dividendo por Acción | $0.19 | $0.20 | $0.25 | $0.28 | $0.00 | $0.00 | $1.00 | $0.45 | $0.50 | $0.55 |
| Acciones en Circulación (Básicas) | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M |
Qué mirar en empresas de Consumer Cyclical
- Margen operativo medio 5a (Media del ciclo) — Mira la media del ciclo, no el año actual (pico o valle).
- Rotación de inventario (≥4x/año) — El retail sano rota inventario rápido. Una caída señala demanda débil.
- ROIC medio 5a (≥12%) — Cíclicas con ROIC medio >12% son ganadoras estructurales.
- Deuda neta / EBITDA (pico) (<3x en valle) — En cíclicas la deuda mata en recesión.
- Current Ratio (>1,5x) — Aguanta 12-18 meses sin caja operativa.
- Altman Z-Score (>2,99 seguro) — Modelo de bancarrota — clave en cíclicas sensibles a recesión.
Rentabilidad
| Rentabilidad sobre capital | 9.84% |
| Rentabilidad sobre capital invertido | 6.58% |
| Rentabilidad sobre activos | 4.21% |
| Margen bruto | 18.31% |
| Margen operativo | 4.77% |
| Margen neto | 3.09% |
Salud financiera
| Deuda / Patrimonio | 0.83 |
| Ratio corriente | 2.04 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 14.53 | 14.88 | 14.34 | 7.91 | 29.73 | 4.07 | 7.51 | 15.35 | 15.19 | 11.01 |
| P/VC | 1.51 | 1.41 | 1.50 | 1.11 | 0.84 | 0.94 | 0.85 | 1.04 | 0.83 | 0.85 |
| P/V | 0.43 | 0.42 | 0.47 | 0.37 | 0.29 | 0.35 | 0.30 | 0.35 | 0.27 | 0.27 |
| Margen Bruto | 24.2% | 23.4% | 24.0% | 23.2% | 20.1% | 20.9% | 25.5% | 18.8% | 21.7% | 19.0% |
| Margen Operativo | 6.6% | 5.9% | 6.6% | 5.4% | 2.6% | 6.3% | 4.4% | 4.0% | 3.4% | 4.0% |
| Margen Neto | 2.9% | 2.8% | 3.2% | 4.6% | 1.0% | 8.6% | 4.0% | 2.3% | 1.8% | 2.5% |