Chuy's Holdings, Inc. (NASDAQ:CHUY)

yhkpenguin (44.27) Submitted: 6/10/2013 7:39:12 PM : Start Price: $32.89 CHUY Score: +17.71

Purely going by my trusting TMF1000 and the folks on the Cloning board. :-) Silly? I am seriously considering a position just based on that.

TMF1000 (99.80) Submitted: 5/28/2013 11:22:23 AM : Start Price: $34.05 CHUY Score: +17.05

Entered in on caps at $34.05, the PE ratio is 65.48 - so its expensive. I purchased a small position anyway to get some skin in the game of what could be a large concept someday.

Chuy was founded in 1982. That was about the time many of the greatest growth chains in the U.S were started. Applebees was started in 1980 and today has about 2000 restaurants. Outback Steakhouse started in 1988 and has about 700 restaurants. Cheesecake Factory was started in 1978 and has grown very slowly but they have 174 restaurants. Of course there is Chipotle that started in 1993 and has over 1400 restaurants. So what is happening that Chuy’s only has only 41 restaurants after 31 years of operations? I don’t know.

But they seem to be picking up steam. They opened 9 restaurants since last year which is up 28%. If they can keep that type of growth going profitably than this concept could be big. They are a moderately priced restaurant with an average check of $13.34 Since 2010, they have bumped up the speed at which they are opening restaurants.

They have debt $5 million in debt and $5.3 million in cash. I prefer young concepts to have zero debt. It proves they can grow via cash flow. So far they have generated negative cash flow. They went public July 24, 2012 – it closed the day at $15.06.

They do have a few signature sauces which might be interesting.

We don't want to be Chili's," Chuy's CEO Steve Hislop told the Austin American-Statesman. "We don't want to be [TGI] Friday's. We don't want to be one of the restaurants that look the same. I don't want to be thought of as a growth company or a chain."

Well I actually want to think of you as a growth stock that is why I am investing in the concept. So I am hoping he meant he doesn’t what Chuy’s to become mundane or ordinary. Their sales are growing well, but my confidence would get a boost if cash flow went positive. Their cash flow isn’t too much in the red.

Last week I purchased a few shares to get some skin in the game. They said they don’t want to be like Chili’s, but Chile’s opened in 1975 has 1400 restaurants, so I would like them to be something like Chili’s. hehehe

Short track record – so it bears some monitoring.

February 25, 2013 4Q:2012 earnings’ highlights:
** Revenue was $46.7 million up 46.7% from $33.3 million
** Fiscal 2012 revenue was $172.64 million up from $130.583 million
** TTM revenue per share was $10.31
** 4Q earnings were $0.05 up from $0.00
** Fiscal 2012 earnings were $0.37 up from $0.20
** Diluted share count 16.737 million up from 10.869 million
** Same store sales were up 5.2% or 3% excluding impact of the extra 1.5 operating days in 2012 because of the timing of the Christmas holiday.
** Opened one new restaurant in the fourth quarter: total 40 restaurants.
** Cash $5.855 million: debt $5 million
** Cash flow for the year negative ($2.31 million)
** Trading range from February 25, 2013 and May 6, 2013 was $25.62 to $34.98: PE ratio range was 69.24 to 94.54: PS ratio range was 2.49 to 3.39: Cash flow range NA

May 6, 2013 1Q:2013 earnings’ highlights:
** Revenue was $46.698 million up 24.6% from $37.476 million
** TTM revenue was $181.86 million or $10.97 per share
** Earnings were $0.16 up from $0.01
** TTM earnings were $0.52 per share
** Diluted share count 16.577 million
** Cash $3.096 million: debt $5 million
** Cash flow for the quarter was negative ($3.573 million) up from negative ($3.61 million)
** TTM cash flow was negative ($2.273 million)
** Trading range between May 6, 2013 and the present May 28, 2013 was $29.28 to $35.63: PE ratio range was 56.3 to 68.52: PS ratio range was 2.67 to 3.25

serjing (67.11) Submitted: 5/28/2013 11:06:08 AM : Start Price: $34.50 CHUY Score: +15.41

Because TMF1000 says so!

42Libs (< 20) Submitted: 3/13/2013 5:05:55 PM : Start Price: $30.36 CHUY Score: -24.21

Had it; dropped it. Too volatile for me.

CallaHummel (26.13) Submitted: 2/18/2013 6:33:11 PM : Start Price: $28.29 CHUY Score: -31.00

Chipotle is cheaper and better than Chuy's for both consumers and investors. With that competition, Chuy won't grow into its current valuation.

GundersonGroup (45.22) Submitted: 10/17/2012 10:51:04 AM : Start Price: $24.06 CHUY Score: -50.54

Over 75% of the IPO proceeds went to owners that are cashing out of this company. This offering is not about a legitimate company but about hustling ignorant investors.

CPHookEm (< 20) Submitted: 8/31/2012 1:07:50 PM : Start Price: $20.81 CHUY Score: +72.33

Great food, Great price, Always crowded. Need I say more.

bzhayes (98.78) Submitted: 8/15/2012 1:00:50 PM : Start Price: $18.74 CHUY Score: -93.15

Zombie IPO with negative book value and negative free cash flow: http://www.fool.com/investing/general/2012/08/14/attack-of-the-zombie-ipo.aspx?source=itxsitmot0000001&lidx=3

Where do you think your money is going?

TheNightFool (< 20) Submitted: 8/9/2012 3:59:42 PM : Start Price: $19.37 CHUY Score: +86.26

Being from Texas I have been to many locations of this restraunt, and this restraunt chain packs customers in every night. Add to that they are expanding across the southern US, and have had consistant and growing revenues and net income.Outperform

bclear2 (< 20) Submitted: 8/2/2012 5:15:26 AM : Start Price: $17.35 CHUY Score: +106.52

Austin original, my favorite restaurant, buy what you love