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Meritage Hospitality Group (Meritage Hospitality Group) Price-to-Owner-Earnings : (As of May. 01, 2024)


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What is Meritage Hospitality Group Price-to-Owner-Earnings?

As of today (2024-05-01), Meritage Hospitality Group's share price is $17.42. Meritage Hospitality Group does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


The historical rank and industry rank for Meritage Hospitality Group's Price-to-Owner-Earnings or its related term are showing as below:

During the past 13 years, the highest Price-to-Owner-Earnings of Meritage Hospitality Group was 1912.50. The lowest was 4.78. And the median was 13.37.


MHGU's Price-to-Owner-Earnings is not ranked *
in the Restaurants industry.
Industry Median: 12.65
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-05-01), Meritage Hospitality Group's share price is $17.42. Meritage Hospitality Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.40. Therefore, Meritage Hospitality Group's PE Ratio for today is 43.55.

As of today (2024-05-01), Meritage Hospitality Group's share price is $17.42. Meritage Hospitality Group's EPS without NRI for the trailing twelve months (TTM) ended in was $0.90. Therefore, Meritage Hospitality Group's PE Ratio without NRI for today is 19.33.

During the past 13 years, Meritage Hospitality Group's highest PE Ratio without NRI was 26.84. The lowest was 4.86. And the median was 9.16.


Meritage Hospitality Group Price-to-Owner-Earnings Historical Data

The historical data trend for Meritage Hospitality Group's Price-to-Owner-Earnings 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 Price-to-Owner-Earnings Chart

Meritage Hospitality Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
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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
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Competitive Comparison of Meritage Hospitality Group's Price-to-Owner-Earnings

For the Restaurants subindustry, Meritage Hospitality Group's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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 Price-to-Owner-Earnings Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Meritage Hospitality Group's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Meritage Hospitality Group's Price-to-Owner-Earnings falls into.



Meritage Hospitality Group Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Meritage Hospitality Group's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=17.42/-5.66
=

* 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  (OTCPK:MHGU) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Meritage Hospitality Group Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Meritage Hospitality Group's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


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