Meritage Hospitality Group Inc.

Meritage Hospitality Group Inc.verified

MHGU

Price:

$16.23

Market Cap:

$102.10M

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

The ROE as of September 2024 (TTM) for Meritage Hospitality Group Inc. (MHGU) is 4.85%

According to Meritage Hospitality Group Inc.’s latest financial reports and current stock price. The company's current ROE is 4.85%. This represents a change of 302.61% compared to the average of 1.20% of the last 4 quarters.

Meritage Hospitality Group Inc. (MHGU) Historical ROE (quarterly & annually)

How has MHGU ROE performed in the past?

The mean historical ROE of Meritage Hospitality Group Inc. over the last ten years is 18.54%. The current 4.85% ROE has changed -73.84% 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%.

Quarterly (TTM)
Annual

Average

18.54%

Median

18.83%

Minimum

5.07%

Maximum

34.22%

Meritage Hospitality Group Inc. (MHGU) ROE by Quarter and Year

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%

Quarterly (TTM)
Annual
YearROEChange
20235.07%-30.64%
20227.31%-55.71%
202116.50%5.99%
202015.56%4.36%
201914.91%-33.82%
201822.53%-3.84%
201723.43%-5.09%
201624.69%-27.85%
201534.22%61.71%
201421.16%-25.76%

Meritage Hospitality Group Inc. (MHGU) Average ROE

How has MHGU ROE performed in the past?

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. (MHGU) ROE vs. Peers

How is MHGU’s ROE compared to its peers?

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. (30.52%),

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