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Meritage Hospitality Group (Meritage Hospitality Group) FCF Yield % : -29.72 (As of Apr. 28, 2024)


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What is Meritage Hospitality Group FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Meritage Hospitality Group's Trailing 12-Month Free Cash Flow is $-33.9 Mil, and Market Cap is $114.1 Mil. Therefore, Meritage Hospitality Group's FCF Yield % for today is -29.72%.

The historical rank and industry rank for Meritage Hospitality Group's FCF Yield % or its related term are showing as below:

MHGU' s FCF Yield % Range Over the Past 10 Years
Min: -86.08   Med: -17.71   Max: 11.19
Current: -29.72


During the past 13 years, the highest FCF Yield % of Meritage Hospitality Group was 11.19%. The lowest was -86.08%. And the median was -17.71%.

MHGU's FCF Yield % is ranked worse than
96.52% of 345 companies
in the Restaurants industry
Industry Median: 4.21 vs MHGU: -29.72

Meritage Hospitality Group's FCF Margin % for the quarter that ended in Dec. 2023 was -4.25%.


Meritage Hospitality Group FCF Yield % Historical Data

The historical data trend for Meritage Hospitality Group's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Meritage Hospitality Group FCF Yield % Chart

Meritage Hospitality Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -43.38 1.98 -32.36 -32.76 -26.67

Meritage Hospitality Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -73.45 -53.30 -9.46 -21.55 -22.45

Competitive Comparison of Meritage Hospitality Group's FCF Yield %

For the Restaurants subindustry, Meritage Hospitality Group's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meritage Hospitality Group's FCF Yield % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Meritage Hospitality Group's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Meritage Hospitality Group's FCF Yield % falls into.



Meritage Hospitality Group FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Meritage Hospitality Group's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-33.899 / 127.10022
=-26.67%

Meritage Hospitality Group's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-7.134 * 4 / 127.10022
=-22.45%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Meritage Hospitality Group FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Meritage Hospitality Group FCF Yield % Related Terms

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Meritage Hospitality Group (Meritage Hospitality Group) Business Description

Traded in Other Exchanges
Address
45 Ottawa Avenue SW, Suite 600, Grand Rapids, MI, USA, 49503
Meritage Hospitality Group Inc is one of the nation's premier restaurant operators, with more than 300 restaurants in operation located in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia.
Executives
Duane F Kluting director 3100 44TH STREET SW, GRANDVILLE MI 49418
Roger L Zingle officer: Chief Operating Officer 6132 PICKWOOD DRIVE, WEST BLOOMFIELD MI 48322
Gary A Rose officer: VP, CFO & Treasurer 223 EAST MT. GARFIELD ROAD, NORTON SHORES MI 49441
Robert E. Schermer Revocable Living Trust U/a Dated 4/28/97 10 percent owner C/O ROBERT W. BAIRD & CO. INC., 333 BRIDGE STREET, N.W., SUITE 1000, GRAND RAPIDS MI 49504
Gulis Stephen L Jr director 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
James R Saalfeld officer: VP, Secretary and Treasurer MERITAGE HOSPITALITY GROUP INC, 1971 EAST BELTLINE AVE, N.E., STE. 200, GRAND RAPIDS MI 49525
Robert H Potts officer: Vice President of Real Estate 1971 EAST BELTLINE AVE NE, GRAND RAPIDS MI 49525
Schermer Robert E Jr director, 10 percent owner, officer: Chief Executive Officer 1971 EAST BELTLINE AVE, N.E., SUITE 200, GRAND RAPIDS MI 49525
Robert E Riley director, 10 percent owner, officer: President 40 PEARL STREET NW, SUITE 900, GRAND RAPIDS MI 49503
James P Bishop director 4230 SOUTH WESTNEDGE, KALAMAZOO MI 49006
Schermer Robert E Sr director, 10 percent owner, officer: Chairman of the Board C/O ROBERT W BLAIR & CO. INC., 333 BRIDGE STREET, SUITE 1000, GRAND RAPIDS MI 49504
Joseph L Maggini director 4242 CLAY STREET SW, GRAND RAPIDS MI 49548
Brian N Mcmahon director 542 TONBRIDGE COURT, PERRYSBURG OH 43551

Meritage Hospitality Group (Meritage Hospitality Group) Headlines