10 High PE Stocks Insiders Are Buying

5. GEN Restaurant Group, Inc. (NASDAQ:GENK)

Forward P/E ratio: 108.47

GEN Restaurant Group, Inc. (NASDAQ:GENK) operates a chain of Korean BBQ restaurants. The company’s value proposition consists of offering an interactive dining experience where customers grill meat, seafood, and vegetables at their tables. With 43 locations in the US, the company emphasizes traditional Korean and Korean-American cuisine in a modern, vibrant setting. GENK was featured on our list of 10 Best Restaurant Stocks To Buy According to Analysts.

GEN Restaurant Group, Inc. (NASDAQ:GENK) delivered strong financial results in 2024, with total revenue reaching $208.4 million, exceeding both the guidance range and analyst expectations. The company achieved a restaurant-level adjusted EBITDA margin of 17.7% and generated $16.7 million in adjusted EBITDA, with adjusted net income of $7.4 million equating to $0.21 per diluted share. While comparable sales declined 5.6% YoY, the company has successfully implemented initiatives that have led to positive comparable restaurant sales growth of 1% in the first two months of 2025. The insider buying during 2025 confirms strong confidence from management that the company’s growth will rebound.

Looking ahead, GEN Restaurant Group, Inc. (NASDAQ:GENK) maintains a robust expansion strategy, with plans to open 10 to 13 new restaurants in 2025 and targets reaching approximately 75 total restaurants by the end of 2026. The company has announced its international expansion into South Korea with at least 2 locations planned for 2025, while also projecting total revenue between $245 million and $250 million for the upcoming year. With strong demand for Korean barbecue, growing brand strength, and a robust balance sheet, the company appears well-positioned to capitalize on its promising pipeline of new restaurants and achieve its growth targets both domestically and internationally.