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Meritage Hospitality Group (Meritage Hospitality Group) 3-Year Book Growth Rate : 8.80% (As of Dec. 2023)


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What is Meritage Hospitality Group 3-Year Book Growth Rate?

Meritage Hospitality Group's Book Value per Share for the quarter that ended in Dec. 2023 was $18.58.

During the past 12 months, Meritage Hospitality Group's average Book Value per Share Growth Rate was 4.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was 8.80% per year. During the past 5 years, the average Book Value per Share Growth Rate was 14.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was 27.90% 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 average Book Value per Share growth rate.

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 -52.50% per year. And the median was 20.60% per year.


Competitive Comparison of Meritage Hospitality Group's 3-Year Book Growth Rate

For the Restaurants subindustry, Meritage Hospitality Group's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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 3-Year Book Growth Rate Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Meritage Hospitality Group's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Meritage Hospitality Group's 3-Year Book Growth Rate falls into.



Meritage Hospitality Group 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 average Book Value per Share growth rate.


Meritage Hospitality Group  (OTCPK:MHGU) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Meritage Hospitality Group 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Meritage Hospitality Group's 3-Year Book Growth Rate 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

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