MHGU (Meritage Hospitality Group) Cyclically Adjusted Revenue per Share: $80.52 (As of Mar. 2026)


MHGU Meritage Hospitality Group Inc MHGU
51 GF Score
Price $2.35
GF Value $17.18
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Meritage Hospitality Group Cyclically Adjusted Revenue per Share?

Meritage Hospitality Group MHGU -1.64% 51 Cyclically Adjusted Revenue per Share is $80.52 as of Mar. 2026. GuruFocus rates MHGU with a GF Score™ of 51/100 and a GF Value™ of $17.18 (Possible Value Trap). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Meritage Hospitality Group's adjusted revenue per share for the three months ended in Mar. 2026 was $19.775. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $80.52 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Meritage Hospitality Group's average Cyclically Adjusted Revenue Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 15.80% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Meritage Hospitality Group was 21.50% per year. The lowest was 10.70% per year. And the median was 17.50% per year.

As of today (2026-07-09), Meritage Hospitality Group's current stock price is $2.35. Meritage Hospitality Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $80.52. Meritage Hospitality Group's Cyclically Adjusted PS Ratio of today is 0.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Meritage Hospitality Group was 0.86. The lowest was 0.02. And the median was 0.42.


Meritage Hospitality Group  (OTCPK:MHGU) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Meritage Hospitality Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.35/80.52
=0.03

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Meritage Hospitality Group was 0.86. The lowest was 0.02. And the median was 0.42.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Meritage Hospitality Group Cyclically Adjusted Revenue per Share Related Terms


Meritage Hospitality Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Meritage Hospitality Group's Cyclically Adjusted Revenue 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 Cyclically Adjusted Revenue per Share Chart

Meritage Hospitality Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.42 57.84 65.27 72.26 78.37

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
Cyclically Adjusted Revenue 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 74.40 76.26 77.81 78.37 80.52

MHGU vs ARKR, NROM, GTIM: Cyclically Adjusted Revenue per Share Comparison

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

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

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


MHGU
51GF Score
Meritage Hospitality Group Inc MHGU
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meritage Hospitality Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Meritage Hospitality Group's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=19.775/330.2130*330.2130
=19.775

Current CPI (Mar. 2026) = 330.2130.

Meritage Hospitality Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.106 241.018 13.846
201609 10.468 241.428 14.318
201612 10.269 241.432 14.045
201703 10.283 243.801 13.928
201706 12.917 244.955 17.413
201709 14.152 246.819 18.934
201712 13.854 246.524 18.557
201803 16.076 249.554 21.272
201806 18.790 251.989 24.623
201809 17.767 252.439 23.241
201812 17.217 251.233 22.630
201903 11.859 254.202 15.405
201906 12.669 256.143 16.333
201909 13.447 256.759 17.294
201912 14.934 256.974 19.190
202003 18.398 258.115 23.537
202006 12.949 257.797 16.586
202009 14.464 260.280 18.350
202012 12.324 260.474 15.624
202103 13.987 264.877 17.437
202106 15.227 271.696 18.507
202109 16.576 274.310 19.954
202112 15.410 278.802 18.252
202203 17.238 287.504 19.799
202206 17.095 296.311 19.051
202209 19.145 296.808 21.300
202212 21.419 296.797 23.831
202303 23.138 301.836 25.313
202306 18.802 305.109 20.349
202309 24.955 307.789 26.773
202312 20.366 306.746 21.924
202403 19.761 312.332 20.892
202406 19.319 314.175 20.305
202409 24.411 315.301 25.566
202412 25.448 315.605 26.626
202503 23.061 319.799 23.812
202506 24.444 322.561 25.024
202509 23.122 324.800 23.507
202512 21.695 324.054 22.107
202603 19.775 330.213 19.775

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $80.52 mean?
Meritage Hospitality Group (MHGU) has a Cyclically Adjusted Revenue per Share of $80.52 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Meritage Hospitality Group and its competitors.
Is Meritage Hospitality Group's Cyclically Adjusted Revenue per Share too high?
Meritage Hospitality Group's current Cyclically Adjusted Revenue per Share is $80.52. 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 Cyclically Adjusted Revenue per Share compare to ARKR and NROM?
Meritage Hospitality Group's Cyclically Adjusted Revenue per Share of $80.52 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 Cyclically Adjusted Revenue per Share for a Restaurants company?
A good Cyclically Adjusted Revenue per Share depends on the Restaurants industry context. However, Cyclically Adjusted Revenue 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 Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Meritage Hospitality Group and its competitors. Meritage Hospitality Group's current Cyclically Adjusted Revenue per Share is $80.52. 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 $17.18, compared to a current price of $2.35 — trading 86.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $80.52. 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 Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Meritage Hospitality Group (MHGU), the current Cyclically Adjusted Revenue per Share is $80.52 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 $17.18. GuruFocus considers Meritage Hospitality Group to be Possible Value Trap.

Key valuation signals for MHGU:

  • Cyclically Adjusted Revenue per Share: $80.52
  • GF Value™: $17.18 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

Get the complete analysis for MHGU

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

$2.35
Price
$17.18
GF Value