MHGU (Meritage Hospitality Group) Book Value per Share: $13.03 (As of Mar. 2026)


MHGU Meritage Hospitality Group Inc MHGU
51 GF Score
Price $2.35
GF Value $17.20
Valuation Possible Value Trap
! 8 Warning Signs
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What is Meritage Hospitality Group Book Value per Share?

Meritage Hospitality Group MHGU 51 Book Value per Share is $13.03 as of Mar. 2026. GuruFocus rates MHGU with a GF Score™ of 51/100 and a GF Value™ of $17.20 (Possible Value Trap). The stock has 8 warning signs investors should review.

Meritage Hospitality Group's book value per share for the quarter that ended in Mar. 2026 was $13.03.

During the past 12 months, Meritage Hospitality Group's average Book Value Per Share Growth Rate was -29.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 17.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Meritage Hospitality Group was 456.30% per year. The lowest was -52.40% per year. And the median was 17.70% per year.

Meritage Hospitality Group's current price is $2.35. Its book value per share for the quarter that ended in Mar. 2026 was $13.03. Hence, today's PB Ratio of Meritage Hospitality Group is 0.18.

During the past 13 years, the highest P/B Ratio of Meritage Hospitality Group was 3.69. The lowest was 0.12. And the median was 1.28.


Meritage Hospitality Group  (OTCPK:MHGU) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Meritage Hospitality Group Book Value per Share Related Terms


Meritage Hospitality Group Book Value per Share Historical Data

* Premium members only.

The historical data trend for Meritage Hospitality Group's Book Value per Share 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.

Meritage Hospitality Group Book Value per Share Chart

Meritage Hospitality Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.16 17.86 18.58 19.26 14.56

Meritage Hospitality Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share 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 18.44 18.38 17.01 14.56 13.03

MHGU vs ARKR, NROM, GTIM: Book Value per Share Comparison

For the Restaurants subindustry, Meritage Hospitality Group's PB Ratio, along with its competitors' market caps and PB Ratio 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 PB Ratio vs Restaurants Industry

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

* The bar in red indicates where Meritage Hospitality Group's PB Ratio falls into.


MHGU
51GF Score
Meritage Hospitality Group Inc MHGU
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Meritage Hospitality Group Book Value per Share Calculation

Meritage Hospitality Group's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(97.2-0.0)/6.7
=14.56

Meritage Hospitality Group's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(87.5-0.0)/6.7
=13.03

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $13.03 mean?
Meritage Hospitality Group (MHGU) has a Book Value per Share of $13.03 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Meritage Hospitality Group and its competitors.
Is Meritage Hospitality Group's Book Value per Share too high?
Meritage Hospitality Group's current Book Value per Share is $13.03. Overall, Meritage Hospitality Group has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meritage Hospitality Group's Book Value per Share compare to ARKR and NROM?
Meritage Hospitality Group's Book Value per Share of $13.03 can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Restaurants company?
A good Book Value per Share depends on the Restaurants industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Meritage Hospitality Group and its competitors. Meritage Hospitality Group's current Book Value per Share is $13.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meritage Hospitality Group stock overvalued right now?
Based on GuruFocus' analysis, Meritage Hospitality Group (MHGU) is currently considered Possible Value Trap. The stock's GF Value™ is $17.20, compared to a current price of $2.35 — trading 86.3% below its estimated fair value. The current Book Value per Share is $13.03. Meritage Hospitality Group's overall GF Score™ is 51/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Meritage Hospitality Group (MHGU), the current Book Value per Share is $13.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Meritage Hospitality Group (MHGU) Overvalued in 2026?

Based on GuruFocus' analysis, Meritage Hospitality Group stock appears to be undervalued. The current stock price of $2.35 is trading 86.3% below its estimated GF Value™ of $17.20. GuruFocus considers Meritage Hospitality Group to be Possible Value Trap.

Key valuation signals for MHGU:

  • Book Value per Share: $13.03
  • GF Value™: $17.20 vs. price of $2.35 (86.3% below fair value)
  • GF Score™: 51/100 with 8 warning signs

No single metric tells the full story. See the MHGU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meritage Hospitality Group Business Description

Other Exchanges MHGUP.PFD:USA
Address 45 Ottawa Avenue SW, Suite 600, Grand Rapids, MI, USA, 49503
Meritage Hospitality Group Inc is engaged in operating quick-service and casual dining restaurants across various states in the United States. It operates Wendy's quick-service restaurants across various states under franchise agreements with its franchisor. It also operates independent restaurants under three concepts throughout Michigan, which include Morning Belle restaurants, Stan's Tacos restaurant, and Blue Porch Bar & Grill restaurant. It is focused on the future development and long-term growth of its Morning Belle brand.
51GF Score

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Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.35
Price
$17.20
GF Value