Meritage Hospitality Group Performance
| MHGUDelisted Stock | USD 17.78 0.02 0.11% |
The company secures a Beta (Market Risk) of 0.0558, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Meritage Hospitality's returns are expected to increase less than the market. However, during the bear market, the loss of holding Meritage Hospitality is expected to be smaller as well. Meritage Hospitality has an expected return of -0.13%. Please make sure to verify Meritage Hospitality Group treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Meritage Hospitality performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Meritage Hospitality Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Stock's technical and fundamental indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more
| Begin Period Cash Flow | 32.3 M | |
| Total Cashflows From Investing Activities | -83.3 M |
Meritage |
Meritage Hospitality Relative Risk vs. Return Landscape
If you would invest 1,900 in Meritage Hospitality Group on January 18, 2024 and sell it today you would lose (122.00) from holding Meritage Hospitality Group or give up 6.42% of portfolio value over 90 days. Meritage Hospitality Group is currently does not generate positive expected returns and assumes 0.6054% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of otc stocks are less volatile than Meritage, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Meritage Hospitality Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meritage Hospitality's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Meritage Hospitality Group, and traders can use it to determine the average amount a Meritage Hospitality's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.2118
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| Negative Returns | MHGU |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Meritage Hospitality is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Meritage Hospitality by adding Meritage Hospitality to a well-diversified portfolio.
Meritage Hospitality Fundamentals Growth
Meritage OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Meritage Hospitality, and Meritage Hospitality fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Meritage OTC Stock performance.
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.0156 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 664.79 M | ||||
| Shares Outstanding | 6.6 M | ||||
| Price To Earning | 12.27 X | ||||
| Price To Book | 1.07 X | ||||
| Price To Sales | 0.22 X | ||||
| Revenue | 577.13 M | ||||
| EBITDA | 47.35 M | ||||
| Cash And Equivalents | 2.01 M | ||||
| Cash Per Share | 0.31 X | ||||
| Total Debt | 165.38 M | ||||
| Debt To Equity | 3.95 % | ||||
| Book Value Per Share | 16.16 X | ||||
| Cash Flow From Operations | 38.58 M | ||||
| Earnings Per Share | 1.26 X | ||||
| Total Asset | 758.63 M | ||||
| Current Asset | 10.45 M | ||||
| Current Liabilities | 30.61 M | ||||
About Meritage Hospitality Performance
To evaluate Meritage Hospitality OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Meritage Hospitality generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Meritage OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Meritage Hospitality market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Meritage's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Meritage Hospitality Group Inc. operates quick-service and casual dining restaurants. Meritage Hospitality Group Inc. was incorporated in 1986 and is headquartered in Grand Rapids, Michigan. Meritage Hosp operates under Restaurants classification in the United States and is traded on OTC Exchange. It employs 330 people.Things to note about Meritage Hospitality performance evaluation
Checking the ongoing alerts about Meritage Hospitality for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Meritage Hospitality help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Meritage Hospitality generated a negative expected return over the last 90 days | |
| Meritage Hospitality has a very high chance of going through financial distress in the upcoming years | |
| The company currently holds 165.38 M in liabilities with Debt to Equity (D/E) ratio of 3.95, implying the company greatly relies on financing operations through barrowing. Meritage Hospitality has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Meritage Hospitality until it has trouble settling it off, either with new capital or with free cash flow. So, Meritage Hospitality's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Meritage Hospitality sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Meritage to invest in growth at high rates of return. When we think about Meritage Hospitality's use of debt, we should always consider it together with cash and equity. |
- Analyzing Meritage Hospitality's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Meritage Hospitality's stock is overvalued or undervalued compared to its peers.
- Examining Meritage Hospitality's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Meritage Hospitality's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Meritage Hospitality's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Meritage Hospitality's otc stock. These opinions can provide insight into Meritage Hospitality's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meritage Hospitality Group. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Meritage Hospitality information on this page should be used as a complementary analysis to other Meritage Hospitality's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Meritage OTC Stock
If you are still planning to invest in Meritage Hospitality check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Meritage Hospitality's history and understand the potential risks before investing.
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