9.54 USD
-0.01 (-0.1%)
9.56 USD
+0.02 (+0.21%)
We assign a fundamental rating of 4 out of 10 to TAST. TAST was compared to 133 industry peers in the Hotels, Restaurants & Leisure industry. While TAST is still in line with the averages on profitability rating, there are concerns on its financial health. TAST has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year TAST was profitable.
- TAST had a positive operating cash flow in the past year.
- In the past 5 years TAST reported 4 times negative net income.
- TAST had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- TAST has a Return On Assets (2.13%) which is comparable to the rest of the industry.
- TAST's Return On Equity of 18.29% is fine compared to the rest of the industry. TAST outperforms 71.64% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 4.42%, TAST is in line with its industry, outperforming 44.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.13% | ||
| ROE | 18.29% | ||
| ROIC | 4.42% |
ROA(3y)-1.71%
ROA(5y)-1.73%
ROE(3y)-17.32%
ROE(5y)-14.63%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 1.81%, TAST is doing worse than 60.45% of the companies in the same industry.
- In the last couple of years the Profit Margin of TAST has grown nicely.
- Looking at the Operating Margin, with a value of 3.70%, TAST is doing worse than 67.16% of the companies in the same industry.
- TAST's Operating Margin has improved in the last couple of years.
- TAST has a Gross Margin of 39.74%. This is in the lower half of the industry: TAST underperforms 65.67% of its industry peers.
- In the last couple of years the Gross Margin of TAST has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.7% | ||
| PM (TTM) | 1.81% | ||
| GM | 39.74% |
OM growth 3Y49.37%
OM growth 5Y2.77%
PM growth 3YN/A
PM growth 5Y21.87%
GM growth 3Y1.02%
GM growth 5Y-0.06%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TAST is destroying value.
- Compared to 1 year ago, TAST has more shares outstanding
- Compared to 1 year ago, TAST has an improved debt to assets ratio.
2.2 Solvency
- TAST has an Altman-Z score of 1.38. This is a bad value and indicates that TAST is not financially healthy and even has some risk of bankruptcy.
- TAST has a Altman-Z score of 1.38. This is comparable to the rest of the industry: TAST outperforms 44.03% of its industry peers.
- TAST has a debt to FCF ratio of 5.07. This is a neutral value as TAST would need 5.07 years to pay back of all of its debts.
- TAST has a Debt to FCF ratio of 5.07. This is in the better half of the industry: TAST outperforms 73.88% of its industry peers.
- A Debt/Equity ratio of 2.28 is on the high side and indicates that TAST has dependencies on debt financing.
- TAST's Debt to Equity ratio of 2.28 is in line compared to the rest of the industry. TAST outperforms 50.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.28 | ||
| Debt/FCF | 5.07 | ||
| Altman-Z | 1.38 |
ROIC/WACC0.49
WACC8.98%
2.3 Liquidity
- TAST has a Current Ratio of 0.49. This is a bad value and indicates that TAST is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Current ratio of TAST (0.49) is worse than 76.87% of its industry peers.
- A Quick Ratio of 0.41 indicates that TAST may have some problems paying its short term obligations.
- TAST has a worse Quick ratio (0.41) than 79.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.41 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 173.24% over the past year.
- TAST shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.18% yearly.
- TAST shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.44%.
- Measured over the past years, TAST shows a quite strong growth in Revenue. The Revenue has been growing by 9.73% on average per year.
EPS 1Y (TTM)173.24%
EPS 3YN/A
EPS 5Y13.18%
EPS Q2Q%280%
Revenue 1Y (TTM)8.44%
Revenue growth 3Y6.64%
Revenue growth 5Y9.73%
Sales Q2Q%5.67%
3.2 Future
- TAST is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.34% yearly.
- TAST is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.38% yearly.
EPS Next Y10.83%
EPS Next 2Y4.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.76%
Revenue Next 2Y2.88%
Revenue Next 3Y-0.54%
Revenue Next 5Y1.38%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 18.35, which indicates a rather expensive current valuation of TAST.
- Compared to the rest of the industry, the Price/Earnings ratio of TAST indicates a somewhat cheap valuation: TAST is cheaper than 67.16% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of TAST to the average of the S&P500 Index (27.33), we can say TAST is valued slightly cheaper.
- With a Price/Forward Earnings ratio of 16.55, TAST is valued correctly.
- 61.19% of the companies in the same industry are more expensive than TAST, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 24.12. TAST is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.35 | ||
| Fwd PE | 16.55 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TAST is valued cheaper than 86.57% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, TAST is valued cheaply inside the industry as 96.27% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.2 | ||
| EV/EBITDA | 6.33 |
4.3 Compensation for Growth
- TAST's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.69
PEG (5Y)1.39
EPS Next 2Y4.34%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- With a yearly dividend of 0.84%, TAST is not a good candidate for dividend investing.
- TAST's Dividend Yield is a higher than the industry average which is at 6.32.
- With a Dividend Yield of 0.84, TAST pays less dividend than the S&P500 average, which is at 1.91.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.84% |
5.2 History
- TAST has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
- 3.77% of the earnings are spent on dividend by TAST. This is a low number and sustainable payout ratio.
DP3.77%
EPS Next 2Y4.34%
EPS Next 3YN/A
9.54
-0.01 (-0.1%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)05-09 2024-05-09/amc
Earnings (Next)08-08 2024-08-08/amc
Inst Owners5.14%
Inst Owner Change0%
Ins Owners5.93%
Ins Owner Change0%
Market Cap524.03M
Revenue(TTM)1.88B
Net Income(TTM)33.88M
Analysts45.71
Price Target9.74 (2.1%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.84% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP3.77%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)147.43%
Min EPS beat(2)96.08%
Max EPS beat(2)198.79%
EPS beat(4)4
Avg EPS beat(4)451.87%
Min EPS beat(4)96.08%
Max EPS beat(4)1412.61%
EPS beat(8)7
Avg EPS beat(8)235.05%
EPS beat(12)9
Avg EPS beat(12)154.44%
EPS beat(16)10
Avg EPS beat(16)212.27%
Revenue beat(2)0
Avg Revenue beat(2)-1.25%
Min Revenue beat(2)-1.97%
Max Revenue beat(2)-0.53%
Revenue beat(4)2
Avg Revenue beat(4)0.17%
Min Revenue beat(4)-1.97%
Max Revenue beat(4)3.07%
Revenue beat(8)2
Avg Revenue beat(8)-0.59%
Revenue beat(12)3
Avg Revenue beat(12)-0.52%
Revenue beat(16)3
Avg Revenue beat(16)-0.93%
PT rev (1m)-7.06%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-20%
EPS NY rev (1m)0%
EPS NY rev (3m)5.61%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.35 | ||
| Fwd PE | 16.55 | ||
| P/S | 0.28 | ||
| P/FCF | 6.2 | ||
| P/OCF | 3.77 | ||
| P/B | 2.83 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.33 |
EPS(TTM)0.52
EY5.45%
EPS(NY)0.58
Fwd EY6.04%
FCF(TTM)1.54
FCFY16.14%
OCF(TTM)2.53
OCFY26.55%
SpS34.16
BVpS3.37
TBVpS-4.5
PEG (NY)1.69
PEG (5Y)1.39
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.13% | ||
| ROE | 18.29% | ||
| ROCE | 5.01% | ||
| ROIC | 4.42% | ||
| ROICexc | 4.57% | ||
| ROICexgc | 6.74% | ||
| OM | 3.7% | ||
| PM (TTM) | 1.81% | ||
| GM | 39.74% | ||
| FCFM | 4.51% |
ROA(3y)-1.71%
ROA(5y)-1.73%
ROE(3y)-17.32%
ROE(5y)-14.63%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y66.87%
ROICexgc growth 5Y-11.6%
ROICexc growth 3Y66.57%
ROICexc growth 5Y-6.92%
OM growth 3Y49.37%
OM growth 5Y2.77%
PM growth 3YN/A
PM growth 5Y21.87%
GM growth 3Y1.02%
GM growth 5Y-0.06%
F-Score9
Asset Turnover1.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.28 | ||
| Debt/FCF | 5.07 | ||
| Debt/EBITDA | 2.94 | ||
| Cap/Depr | 73.57% | ||
| Cap/Sales | 2.91% | ||
| Interest Coverage | 2.31 | ||
| Cash Conversion | 96.88% | ||
| Profit Quality | 249.68% | ||
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.41 | ||
| Altman-Z | 1.38 |
F-Score9
WACC8.98%
ROIC/WACC0.49
Cap/Depr(3y)62.2%
Cap/Depr(5y)90.23%
Cap/Sales(3y)2.75%
Cap/Sales(5y)4.38%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)173.24%
EPS 3YN/A
EPS 5Y13.18%
EPS Q2Q%280%
EPS Next Y10.83%
EPS Next 2Y4.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.44%
Revenue growth 3Y6.64%
Revenue growth 5Y9.73%
Sales Q2Q%5.67%
Revenue Next Year3.76%
Revenue Next 2Y2.88%
Revenue Next 3Y-0.54%
Revenue Next 5Y1.38%
EBIT growth 1Y381.22%
EBIT growth 3Y59.29%
EBIT growth 5Y12.78%
EBIT Next Year121.36%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y586.12%
FCF growth 3Y21.64%
FCF growth 5Y75.37%
OCF growth 1Y568.98%
OCF growth 3Y10.23%
OCF growth 5Y11.48%
CARROLS RESTAURANT GROUP INC / TAST FAQ
What is the fundamental rating for TAST stock?
ChartMill assigns a fundamental rating of 4 / 10 to TAST.
What is the valuation status of CARROLS RESTAURANT GROUP INC (TAST) stock?
ChartMill assigns a valuation rating of 5 / 10 to CARROLS RESTAURANT GROUP INC (TAST). This can be considered as Fairly Valued.
What is the profitability of TAST stock?
CARROLS RESTAURANT GROUP INC (TAST) has a profitability rating of 4 / 10.
What is the valuation of CARROLS RESTAURANT GROUP INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for CARROLS RESTAURANT GROUP INC (TAST) is 18.35 and the Price/Book (PB) ratio is 2.83.
Is the dividend of CARROLS RESTAURANT GROUP INC sustainable?
The dividend rating of CARROLS RESTAURANT GROUP INC (TAST) is 3 / 10 and the dividend payout ratio is 3.77%.