BH
Biglari Holdings Inc.
There isn't enough reported data to score BH yet.
EBAY
eBay Inc.
EBAY's fundamentals are strong, but it looks expensive: trading at 26x earnings, above its usual 16x. Analysts expect earnings growth.
BH Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Stable | |
| Strong |
BH's revenue and balance sheet are currently healthy, and its profitability and cash flow are stable.
EBAY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Stable |
EBAY's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
BH PE Valuation
BH has no meaningful PE right now: it lost money over the past year.
EBAY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.9x | $31.50 | -74% |
| Fair | 16x | $71.96 | -40% |
| Forward | 18x | $120 | — |
| Expensive | 22x | $99.04 | -18% |
| Current | 26x | $120 | — |
Historical ranges are pointers, not guarantees.
EBAY's PE is in its expensive range at 26x. If earnings grow as analysts expect, today's price would be 18x next year's earnings.
BH Forward outlook
There aren't enough analyst estimates for BH to show an outlook.
EBAY Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for EBAY, with profitability holding steady.
BH Earnings Per Share
BH and EBAY do not have enough comparable growth data to identify a winner.
EBAY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.63 | +45% |
| Q3 2026 | $4.57 | +0.4% |
| Q2 2026 | $4.82 | +7.3% |
| Q1 2026 | $4.40 | +6% |
| Q4 2025 | $4.34 | +10% |
| Q3 2025 | $4.55 | +15% |
| Q2 2025 | $4.49 | -12% |
| Q1 2025 | $4.15 | -17% |
| Q4 2024 | $3.94 | -24% |
EBAY's earnings per share have fallen from their peak: $4.57 over the past year, against $20.25 in late 2021.
BH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $112.1M | +12% |
| Q2 2026 | $108.5M | +7.9% |
| Q1 2026 | $97.5M | +2.6% |
| Q4 2025 | $99.9M | +9.6% |
| Q3 2025 | $99.7M | +10% |
| Q2 2025 | $100.6M | +10% |
| Q1 2025 | $95M | +6.2% |
| Q4 2024 | $91.1M | +0.5% |
BH's revenue has grown year over year for eight quarters in a row: $112M last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.8% | +1.9 points |
| Q2 2026 | 5.8% | +2.1 points |
| Q1 2026 | -4.3% | -15 points |
| Q4 2025 | -1.7% | -6 points |
| Q3 2025 | 6.9% | +3.3 points |
| Q2 2025 | 3.6% | -18 points |
| Q1 2025 | 11% | +4.1 points |
| Q4 2024 | 4.3% | +0.1 points |
BH's operating margin was 8.8% last quarter, up 1.9 points from the same quarter a year ago.
EBAY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.2B | +14% |
| Q2 2026 | $3.1B | +15% |
| Q1 2026 | $3.1B | +19% |
| Q4 2025 | $3B | +15% |
| Q3 2025 | $2.8B | +9.5% |
| Q2 2025 | $2.7B | +6.1% |
| Q1 2025 | $2.6B | +1.1% |
| Q4 2024 | $2.6B | +0.7% |
EBAY has the edge over BH on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 19% | -1.2 points |
| Q2 2026 | 22% | +3.8 points |
| Q1 2026 | 20% | -4 points |
| Q4 2025 | 20% | -0.8 points |
| Q3 2025 | 20% | -2.7 points |
| Q2 2025 | 18% | -3.6 points |
| Q1 2025 | 24% | -0.9 points |
| Q4 2024 | 21% | +5.1 points |
EBAY has the edge over BH on profitability, with a higher operating margin.
BH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$3.2M | -114% |
| Q2 2026 | $8.3M | -79% |
| Q1 2026 | $13.4M | +57% |
| Q4 2025 | $6.4M | -42% |
| Q3 2025 | $22.3M | +505% |
| Q2 2025 | $39.4M | +$49.5M |
| Q1 2025 | $8.5M | -42% |
| Q4 2024 | $10.9M | -39% |
BH usually generates cash, though not every quarter: the latest was −$3M, but it generated $25M over the past year.
EBAY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $749M | -6.7% |
| Q2 2026 | $300M | +$741M |
| Q1 2026 | $897M | +39% |
| Q4 2025 | $466M | -17% |
| Q3 2025 | $803M | +24% |
| Q2 2025 | -$441M | -259% |
| Q1 2025 | $644M | +36% |
| Q4 2024 | $560M | +$564M |
EBAY has the edge over BH on cash flow, with more consistent year-over-year improvement.
BH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4.3% | +101K shares |
| 1 year | +6.7% | +152K shares |
| 3 years | +6.7% | +152K shares |
| 5 years | +6.7% | +152K shares |
| Available history | +6.7% | +152K shares |
BH has 2M diluted shares, up 6.7% from a year ago.
EBAY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -2M shares |
| 1 year | -3% | -14M shares |
| 3 years | -15% | -79M shares |
| 5 years | -31% | -205M shares |
| Available history | -44% | -359M shares |
EBAY has the edge over BH on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $664M |
| Q2 2026 | $323M |
| Q1 2026 | $486M |
| Q4 2025 | $635M |
| Q3 2025 | $626M |
| Q2 2025 | $624M |
| Q1 2025 | $615M |
| Q4 2024 | $911M |
EBAY spent $2.1B buying back its own shares over the past year, down 24% from the year before.
BH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.0x | Very low |
| Q2 2026 | 3.5x | Elevated |
| Q1 2026 | 0.9x | Very low |
| Q4 2025 | -0.4x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -0.2x | Net Cash |
| Q1 2025 | 0.3x | Very low |
| Q4 2024 | 0.2x | Very low |
BH has the edge over EBAY on leverage, with a lower net debt burden relative to earnings.
EBAY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.9x | Healthy |
| Q2 2026 | 1.5x | Healthy |
| Q1 2026 | 1.4x | Healthy |
| Q4 2025 | 1.8x | Healthy |
| Q3 2025 | 1.7x | Healthy |
| Q2 2025 | 1.8x | Healthy |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.9x | Healthy |
EBAY's net debt is about 1.9 years of its operating earnings (EBITDA), up from 1.7 years a year ago.
BH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.6 | Neutral |
| Stochastic | 25.6 | Neutral |
BH's weekly RSI is 50 (neutral) and its Stochastic is 26 (neutral).
EBAY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.9 | Neutral |
| Stochastic | 80.0 | Overbought |
EBAY's weekly RSI is 62 (neutral) and its Stochastic is 80 (overbought).
BH PE vs Consumer Cyclical Sector
| Metric | BH | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
BH has no meaningful PE right now: it lost money over the past year.
EBAY PE vs Consumer Cyclical Sector
| Metric | EBAY | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 18x | 46% above |
| PE % | 91 | 47 | 44 pts above |
EBAY is trading at 26x earnings, a 46% premium to the Consumer Cyclical sector's median of 18x.
BH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $372.6 | 2.8% below |
| 20 week MA | $378.9 | 4.4% below |
| 50 week MA | $357.4 | 1.4% above |
| 100 week MA | $315.0 | 15% above |
| 200 week MA | $247.5 | 46% above |
BH has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 46% above its 200-week average.
EBAY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $116.5 | 3.1% above |
| 20 week MA | $112.4 | 6.9% above |
| 50 week MA | $102.6 | 17% above |
| 100 week MA | $89.8 | 34% above |
| 200 week MA | $69.5 | 73% above |
EBAY has the edge over BH on trend strength, trading above more of its moving averages.
BH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $115.3 | $124.4 | +7.9% |
| 2021 | $124.4 | $145.0 | +17% |
| 2022 | $145.0 | $139.3 | -3.9% |
| 2023 | $139.3 | $164.9 | +18% |
| 2024 | $164.9 | $257.2 | +56% |
| 2025 | $257.2 | $355.6 | +38% |
| 2026 YTD | $355.6 | $362.3 | +1.9% |
BH has finished higher in five of the last six years. It's up 1.9% so far in 2026.
EBAY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.1 | $50.1 | +39% |
| 2021 | $50.1 | $64.9 | +29% |
| 2022 | $64.9 | $40.2 | -38% |
| 2023 | $40.2 | $43.6 | +8.6% |
| 2024 | $43.6 | $62.8 | +44% |
| 2025 | $62.8 | $85.2 | +36% |
| 2026 YTD | $85.2 | $120.1 | +41% |
EBAY has the edge over BH on returns for 2026, with the stronger performance.