Biglari Holdings Inc. (BH) Fair Value 2026 — DCF & Multi-Method Analysis | EvidInvest | EvidInvest

BH — Fair Value Analysis

Biglari Holdings Inc.

Current: $391.30Fairly Valued

Fair Value Range

Bear Case (25th pct.)

$358.86

-8.3% vs price

Base Case (Median)

$395.84

1.2% vs price

Bull Case (75th pct.)

$432.81

10.6% vs price

$358.86$395.84$432.81

◇ = Current price | |Bear |Base | Bull

Method Breakdown

Method	Est. Value	vs Price	Weight
DCF (Discounted Cash Flow)	$469.78	20.1%	High (40%)
EV/FCF	$321.89	-17.7%	Medium (20%)

Interpretation

Based on 2 out of 8 methods, BH appears fairly valued at the current price of $391.30. The base case fair value of $395.84 implies 1.2% upside.

Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.