MHGU
Price:
$15.7
Market Cap:
$98.77M
Meritage Hospitality Group Inc. operates quick-service and casual dining restaurants. The company operates restaurants under the Wendy's, Morning Belle, Stan's Tacos, Freighters Eatery & Taproom, and Twisted Roosters brand names. As of January 2, 2022, it operated 337 restaurants in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. The company was formerly known as Thomas Edison Inns, Inc. and changed its name to Meritage Hospitality Group Inc. in May 1996. Meritage Hospitality Group Inc. was incorporated in 1986 and is headquartered in Grand Rapids, Michigan.[Read more]
Industry
Restaurants
IPO Date
1999-09-27
Stock Exchange
PNK
Ticker
MHGU
According to Meritage Hospitality Group Inc.’s latest financial reports and current stock price. The company's current ROE is 6.33%. This represents a change of 424.23% compared to the average of 1.21% of the last 4 quarters.
The mean historical ROE of Meritage Hospitality Group Inc. over the last ten years is 18.54%. The current 6.33% ROE has changed -65.83% with respect to the historical average. Over the past ten years (40 quarters), MHGU's ROE was at its highest in in the June 2015 quarter at 13.56%. The ROE was at its lowest in in the March 2020 quarter at -4.59%.
Average
18.54%
Median
18.83%
Minimum
5.07%
Maximum
34.22%
Discovering the peaks and valleys of Meritage Hospitality Group Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 61.71%
Maximum Annual ROE = 34.22%
Minimum Annual Increase = -55.71%
Minimum Annual ROE = 5.07%
Year | ROE | Change |
---|---|---|
2023 | 5.07% | -30.64% |
2022 | 7.31% | -55.71% |
2021 | 16.50% | 5.99% |
2020 | 15.56% | 4.36% |
2019 | 14.91% | -33.82% |
2018 | 22.53% | -3.84% |
2017 | 23.43% | -5.09% |
2016 | 24.69% | -27.85% |
2015 | 34.22% | 61.71% |
2014 | 21.16% | -25.76% |
The current ROE of Meritage Hospitality Group Inc. (MHGU) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
9.62%
5-year avg
11.87%
10-year avg
18.54%
Meritage Hospitality Group Inc.’s ROE is greater than IEH Corporation (-5.52%), less than Noble Roman's, Inc. (19.07%), less than Flanigan's Enterprises, Inc. (5.06%), less than Crawford United Corporation (20.75%), less than Capital Properties, Inc. (30.15%),
Company | ROE | Market cap |
---|---|---|
-5.52% | $23.78M | |
19.07% | $6.66M | |
5.06% | $46.37M | |
20.75% | $104.10M | |
30.15% | $65.21M |
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