Equities

Meritage Hospitality Group Inc

MHGU:QXP

Meritage Hospitality Group Inc

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  • Price (USD)18.43
  • Today's Change1.01 / 5.78%
  • Shares traded9.28k
  • 1 Year change-1.46%
  • Beta0.0787
Data delayed at least 15 minutes, as of May 03 2024 20:40 BST.
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About the company

Meritage Hospitality Group Inc. operates in the quick-service and casual dining restaurant industries. The Company owns six independent restaurants operating under two concepts throughout Michigan, which include three Morning Belle restaurants and three Stan’s Tacos. It operates over 349 Wendy’s quick-service restaurants. It operates Wendy’s quick-service restaurants in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas, and Virginia. The Company’s Taco John’s quick-service restaurant operates in Michigan. Wendy’s restaurant offers a diverse menu of food items featuring hamburgers and chicken sandwiches. Taco John’s menu includes meat and potato burritos, stuffed grilled tacos, quesadillas, signature Potato Oles, and crave worthy fried chicken tacos. Stan’s Tacos restaurants are located in Standale, Grand Rapids, and Grand Haven, Michigan.

  • Revenue in USD (TTM)672.49m
  • Net income in USD6.14m
  • Incorporated1986
  • Employees2.80k
  • Location
    Meritage Hospitality Group Inc45 Ottawa Ave SW Ste 600GRAND RAPIDS 49503-4011United StatesUSA
  • Phone+1 (616) 776-2600
  • Fax+1 (616) 776-2776
  • Websitehttps://www.meritagehospitality.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
MHGU:QXP since
announced
Transaction
value
Wendys Restaurants(25), North Carolina & VirginiaDeal completed10 May 202310 May 2023Deal completed-1.20%--
Data delayed at least 15 minutes, as of May 03 2024 20:40 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Premier Development & Investment Inc1.10m-1.33m24.56m26.00------22.33-1.10-1.100.4074-0.04781.2132.21--31,428.57-146.31---357.68--44.36---120.64--0.0352------130.39---2,220.69------
Rave Restaurant Group Inc11.89m2.23m28.74m25.0013.382.4411.712.420.14720.14720.78660.8090.836--8.23475,640.0015.669.5518.2112.2925.6396.5918.7411.53----0.000.0011.20-4.69-79.89-6.64-26.37--
Good Times Restaurants Inc.137.86m10.66m29.49m229.003.000.95671.980.21390.89470.894711.842.801.5880.33112.40602,008.8012.732.9115.453.5217.9019.688.051.950.358820.610.03750.00-0.05646.76519.77---14.50--
Fast Casual Concepts Inc-100.00bn-100.00bn38.00m-----------------0.0068------------------------0.0059--2.30--------------
Ark Restaurants Corp184.84m-6.28m48.84m1.40k--0.9436--0.2642-1.76-1.7651.0714.360.980115.3341.91131,930.80-3.072.26-3.632.7873.3572.29-3.132.200.6966.270.11352.750.60922.92-163.87---5.30-8.97
Flanigan's Enterprises Inc177.68m3.48m49.79m707.0014.290.8445.600.28031.871.8795.5931.741.2010.28249.72251,308.303.486.904.809.3858.7958.182.895.561.177.230.235211.9510.298.97-36.64-0.069929.1217.61
Noodles & Co503.41m-9.86m71.59m7.60k--2.624.230.1422-0.217-0.21710.980.60371.4136.7886.8966,237.50-2.77-1.84-3.40-2.2525.8526.02-1.96-1.330.18331.030.7557---1.191.92-197.41--29.41--
Red Robin Gourmet Burgers Inc1.30bn-21.23m114.22m22.52k----2.540.0877-1.37-1.3781.94-1.321.6638.9660.5857,872.00-2.70-9.12-3.63-11.5920.3520.02-1.63-7.350.34850.07171.13--2.96-0.536473.09---0.3328--
Meritage Hospitality Group Inc672.49m6.14m120.10m2.80k24.81--4.890.17860.74270.742781.38--------240,176.40--1.38--1.6572.6072.760.89581.58--1.49--18.747.429.09-27.66-11.96-6.36--
FAT Brands Inc480.46m-97.12m123.14m2.60k------0.2563-5.85-5.8528.95-15.140.3694--21.34184,791.20-6.93-7.73-8.76-9.86-----18.76-25.190.40380.21871.28--17.9893.2323.04--170.679.70
One Group Hospitality Inc332.77m4.72m159.99m257.0035.182.318.070.48080.14520.145210.342.211.0912.7120.491,294,821.001.325.031.596.0577.2476.411.214.780.69631.350.5194--5.0931.20-65.147.5867.17--
Nathan's Famous, Inc.137.03m18.97m272.08m138.0014.37--13.491.994.644.6433.55-8.562.20188.7710.89992,992.8030.4217.3837.2820.9638.7045.0713.8415.062.805.742.4337.3113.844.6544.3352.422.14--
Potbelly Corp491.41m5.12m293.86m5.00k59.3119.7916.590.5980.16690.166916.430.50041.9835.6368.3598,282.002.24-7.793.11-10.1672.7972.421.14-5.070.69753.410.5916--8.733.0617.81---4.44--
Data as of May 03 2024. Currency figures normalised to Meritage Hospitality Group Inc's reporting currency: US Dollar USD
Data Provided by LSEG
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