First Watch Restaurant Group (FWRG) vs SUPER HI INTERNATIONAL HOLDING LTD. (HDL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
First Watch Restaurant Group (FWRG) has outperformed SUPER HI INTERNATIONAL HOLDING LTD. (HDL) over the past year, losing 29.3% versus a loss of 35.0%. SUPER HI INTERNATIONAL HOLDING LTD. is the larger company by market cap ($700.1 million vs $686.9 million), about 1.0 times the size. On valuation, SUPER HI INTERNATIONAL HOLDING LTD. trades at a lower forward P/E (13.1x vs 45.3x for First Watch Restaurant Group).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FWRG | HDL |
|---|---|---|
| Share price | $11.13 | $11.90 |
| Market cap | $686.86M | $700.15M |
| 1-day change | +1.55% | 0.00% |
| YTD return | -27.32% | -25.90% |
| 1-year return | -29.29% | -35.01% |
| 5-year return | -49.24% | — |
| P/E ratio (TTM) | 39.75 | 119.00 |
| Forward P/E | 45.28 | 13.08 |
| EPS (TTM) | $0.28 | $0.10 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $18.82 | $18.38 |
| 52-week low | $9.88 | $10.68 |
| Distance from 52-week high | -40.87% | -35.27% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +73.41% | +47.90% |
| Average volume | 1.19M | 656 |
| Shares outstanding | 61.71M | 58.84M |
| Employees | 18,000 | 14,242 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Restaurants | Restaurants |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- SUPER HI INTERNATIONAL HOLDING LTD. trades at a higher earnings multiple (119.0x vs 39.8x trailing P/E).
About First Watch Restaurant Group
FWRG stock →First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc.
Consumer Discretionary · Restaurants · 18,000 employees
About SUPER HI INTERNATIONAL HOLDING LTD.
HDL stock →Super Hi International Holding Ltd., an investment holding company, engages in the restaurant operation and delivery business in Asia, North America, Europe, Oceania, and internationally. It owns and operates Haidilao restaurants.
Consumer Discretionary · Restaurants · 14,242 employees
FWRG vs HDL FAQ
Which is bigger, First Watch Restaurant Group or SUPER HI INTERNATIONAL HOLDING LTD.?
SUPER HI INTERNATIONAL HOLDING LTD. (HDL) is larger, with a market capitalization of $700.15M compared with $686.86M for First Watch Restaurant Group (FWRG).
Which stock has performed better over the past year, FWRG or HDL?
FWRG returned -29.29% over the past 12 months, compared with -35.01% for HDL (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FWRG or HDL?
FWRG has the lower trailing P/E at 39.8, versus 119.0 for HDL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are First Watch Restaurant Group and SUPER HI INTERNATIONAL HOLDING LTD. in the same industry?
Yes. Both are classified in the Restaurants industry within the Consumer Discretionary sector.