MHGU (Meritage Hospitality Group) EV-to-EBITDA: -43.74 (As of Sep. 13, 2026)

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MHGU Meritage Hospitality Group Inc MHGU
51 GF Score
Price $2.06
GF Value $15.21
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Meritage Hospitality Group EV-to-EBITDA?

Meritage Hospitality Group MHGU 51 EV-to-EBITDA is -43.74 as of Sep. 13, 2026. GuruFocus rates MHGU with a GF Score™ of 51/100 and a GF Value™ of $15.21 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 312 Restaurants companies, Meritage Hospitality Group ranks worse than 320512.5% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Meritage Hospitality Group's enterprise value is $549.3 Mil. Meritage Hospitality Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $-12.6 Mil. Therefore, Meritage Hospitality Group's EV-to-EBITDA for today is -43.74.

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

MHGU' s EV-to-EBITDA Range Over the Past 10 Years
Min: -44.23   Med: 15.76   Max: 96.4
Current: -43.74

During the past 13 years, the highest EV-to-EBITDA of Meritage Hospitality Group was 96.40. The lowest was -44.23. And the median was 15.76.

MHGU's EV-to-EBITDA is ranked worse than
100% of 312 companies
in the Restaurants industry
Industry Median: 9.625 vs MHGU: -43.74

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-13), Meritage Hospitality Group's stock price is $2.06. Meritage Hospitality Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-7.930. Therefore, Meritage Hospitality Group's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Meritage Hospitality Group  (OTCPK:MHGU) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Meritage Hospitality Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.06/-7.930
=At Loss

Meritage Hospitality Group's share price for today is $2.06.
Meritage Hospitality Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.930.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Meritage Hospitality Group EV-to-EBITDA Related Terms


Meritage Hospitality Group EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Meritage Hospitality Group's EV-to-EBITDA 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 EV-to-EBITDA Chart

Meritage Hospitality Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.97 17.34 17.60 17.89 57.11

Meritage Hospitality Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 26.46 40.95 57.11 95.97 -44.21

MHGU vs HWH, NROM, REBN: EV-to-EBITDA Comparison

For the Restaurants subindustry, Meritage Hospitality Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Restaurants Industry

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

* The bar in red indicates where Meritage Hospitality Group's EV-to-EBITDA falls into.


MHGU
51GF Score
Meritage Hospitality Group Inc MHGU
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Meritage Hospitality Group EV-to-EBITDA Calculation

Meritage Hospitality Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=549.261/-12.556
=-43.74

Meritage Hospitality Group's current Enterprise Value is $549.3 Mil.
Meritage Hospitality Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.6 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of -43.74 mean?
Meritage Hospitality Group (MHGU) has a EV-to-EBITDA of -43.74 as of Sep. 13, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Meritage Hospitality Group. According to the industry distribution chart, Meritage Hospitality Group ranks #999999 out of 312 companies in the Restaurants industry.
Is Meritage Hospitality Group's EV-to-EBITDA too high?
Meritage Hospitality Group's current EV-to-EBITDA is -43.74. Based on the distribution chart, Meritage Hospitality Group ranks #999999 out of 312 companies in the Restaurants industry, which is in the bottom quartile relative to peers. 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 EV-to-EBITDA compare to HWH and NROM?
According to the Restaurants industry distribution chart, Meritage Hospitality Group ranks #999999 out of 312 companies for EV-to-EBITDA. This places Meritage Hospitality Group in the lower half of its industry. The industry median EV-to-EBITDA is 9.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Restaurants company?
The median EV-to-EBITDA among Restaurants companies is 9.63, based on 312 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Meritage Hospitality Group. For the Restaurants industry, the median EV-to-EBITDA is 9.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meritage Hospitality Group's current EV-to-EBITDA is -43.74. 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 $15.21, compared to a current price of $2.06 — trading 86.5% below its estimated fair value. The current EV-to-EBITDA is -43.74. Meritage Hospitality Group's overall GF Score™ is 51/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Meritage Hospitality Group (MHGU), the current EV-to-EBITDA is -43.74 as of Sep. 13, 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 $2.06 is trading 86.5% below its estimated GF Value™ of $15.21. GuruFocus considers Meritage Hospitality Group to be Possible Value Trap.

Key valuation signals for MHGU:

  • EV-to-EBITDA: -43.74
  • GF Value™: $15.21 vs. price of $2.06 (86.5% below fair value)
  • GF Score™: 51/100 with 7 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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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.06
Price
$15.21
GF Value