MHGU (Meritage Hospitality Group) ROE % Adjusted to Book Value: -205.50% (As of Mar. 2026)


MHGU Meritage Hospitality Group Inc MHGU
45 GF Score
Price $2.97
GF Value $17.13
Valuation Possible Value Trap
! 8 Warning Signs
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What is Meritage Hospitality Group ROE % Adjusted to Book Value?

Meritage Hospitality Group MHGU -0.16% 45 ROE % Adjusted to Book Value is -205.50% as of Mar. 2026. GuruFocus rates MHGU with a GF Score™ of 45/100 and a GF Value™ of $17.13 (Possible Value Trap). The stock has 8 warning signs investors should review.

Meritage Hospitality Group's ROE % for the quarter that ended in Mar. 2026 was -41.10%. Meritage Hospitality Group's PB Ratio for the quarter that ended in Mar. 2026 was 0.20. Meritage Hospitality Group's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -205.50%.


Meritage Hospitality Group ROE % Adjusted to Book Value Related Terms


Meritage Hospitality Group ROE % Adjusted to Book Value Historical Data

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The historical data trend for Meritage Hospitality Group's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

Meritage Hospitality Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.02 7.08 4.92 8.59 -201.64

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
ROE % Adjusted to Book Value 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 -18.64 1.47 -51.92 -501.71 -205.50

MHGU vs PETZ, GTIM, GENK: ROE % Adjusted to Book Value Comparison

For the Restaurants subindustry, Meritage Hospitality Group's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Meritage Hospitality Group's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Meritage Hospitality Group's ROE % Adjusted to Book Value falls into.


MHGU
45GF Score
Meritage Hospitality Group Inc MHGU
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Meritage Hospitality Group ROE % Adjusted to Book Value Calculation

Meritage Hospitality Group's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-28.23% / 0.14
=-201.64%

Meritage Hospitality Group's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-41.10% / 0.20
=-205.50%

* 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.

What does a ROE % Adjusted to Book Value of -205.50% mean?
Meritage Hospitality Group (MHGU) has a ROE % Adjusted to Book Value of -205.50% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Meritage Hospitality Group and its competitors.
Is Meritage Hospitality Group's ROE % Adjusted to Book Value too high?
Meritage Hospitality Group's current ROE % Adjusted to Book Value is -205.50%. Overall, Meritage Hospitality Group has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meritage Hospitality Group's ROE % Adjusted to Book Value compare to PETZ and GTIM?
Meritage Hospitality Group's ROE % Adjusted to Book Value of -205.50% 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 ROE % Adjusted to Book Value for a Restaurants company?
A good ROE % Adjusted to Book Value depends on the Restaurants industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Meritage Hospitality Group and its competitors. Meritage Hospitality Group's current ROE % Adjusted to Book Value is -205.50%. 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 $17.13, compared to a current price of $2.97 — trading 82.7% below its estimated fair value. The current ROE % Adjusted to Book Value is -205.50%. Meritage Hospitality Group's overall GF Score™ is 45/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Meritage Hospitality Group (MHGU), the current ROE % Adjusted to Book Value is -205.50% 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 $2.97 is trading 82.7% below its estimated GF Value™ of $17.13. GuruFocus considers Meritage Hospitality Group to be Possible Value Trap.

Key valuation signals for MHGU:

  • ROE % Adjusted to Book Value: -205.50%
  • GF Value™: $17.13 vs. price of $2.97 (82.7% below fair value)
  • GF Score™: 45/100 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.
45GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.97
Price
$17.13
GF Value