CARROLS RESTAURANT GROUP INC (TAST)
US14574X1046 - Common Stock
Taking everything into account, TAST scores 4 out of 10 in our fundamental rating. TAST was compared to 135 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year TAST was profitable.
TAST had a positive operating cash flow in the past year.
TAST had negative earnings in 4 of the past 5 years.
Each year in the past 5 years TAST had a positive operating cash flow.
1.2 Ratios
TAST has a Return On Assets of 2.13%. This is comparable to the rest of the industry: TAST outperforms 49.25% of its industry peers.
Looking at the Return On Equity, with a value of 18.29%, TAST is in the better half of the industry, outperforming 71.64% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.42%, TAST is in line with its industry, outperforming 43.28% 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.
With a Operating Margin value of 3.70%, TAST is not doing good in the industry: 67.16% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of TAST has grown nicely.
Looking at the Gross Margin, with a value of 39.74%, TAST is doing worse than 65.67% of the companies in the same industry.
TAST's Gross Margin has been stable in the last couple of years.
| 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
TAST has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, TAST has more shares outstanding
TAST has more shares outstanding than it did 5 years ago.
TAST has a better debt/assets ratio than last year.
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.
Looking at the Altman-Z score, with a value of 1.38, TAST is in line with its industry, outperforming 43.28% of the companies in the same industry.
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.
The Debt to FCF ratio of TAST (5.07) is better than 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.
With a Debt to Equity ratio value of 2.28, TAST perfoms like the industry average, outperforming 50.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.28 | ||
| Debt/FCF | 5.07 | ||
| Altman-Z | 1.38 |
ROIC/WACC0.49
WACC9%
2.3 Liquidity
A Current Ratio of 0.49 indicates that TAST may have some problems paying its short term obligations.
TAST has a Current ratio of 0.49. This is in the lower half of the industry: TAST underperforms 76.87% of its industry peers.
TAST has a Quick 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.
With a Quick ratio value of 0.41, TAST is not doing good in the industry: 79.85% of the companies in the same industry are doing better.
| 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.
Measured over the past years, TAST shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.18% on average per year.
The Revenue has grown by 8.44% in the past year. This is quite good.
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 growth Q2Q280%
Revenue 1Y (TTM)8.44%
Revenue growth 3Y6.64%
Revenue growth 5Y9.73%
Revenue growth Q2Q5.67%
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.
Based on estimates for the next years, TAST will show a small growth in Revenue. The Revenue will grow by 1.38% on average per year.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
TAST is valuated rather expensively with a Price/Earnings ratio of 18.35.
TAST's Price/Earnings ratio is a bit cheaper when compared to the industry. TAST is cheaper than 70.90% of the companies in the same industry.
TAST's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.60.
TAST is valuated correctly with a Price/Forward Earnings ratio of 16.55.
Based on the Price/Forward Earnings ratio, TAST is valued a bit cheaper than 61.94% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.15, TAST is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.35 | ||
| Fwd PE | 16.55 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TAST indicates a rather cheap valuation: TAST is cheaper than 86.57% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TAST indicates a rather cheap valuation: TAST is cheaper than 97.76% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.2 | ||
| EV/EBITDA | 6.33 |
4.3 Compensation for Growth
The 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
TAST has a yearly dividend return of 0.84%, which is pretty low.
TAST's Dividend Yield is a higher than the industry average which is at 2.75.
With a Dividend Yield of 0.84, TAST pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.84% |
5.2 History
TAST has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
TAST pays out 3.77% of its income as dividend. This is a sustainable payout ratio.
DP3.77%
EPS Next 2Y4.34%
EPS Next 3YN/A
CARROLS RESTAURANT GROUP INC
NASDAQ:TAST (5/15/2024, 7:11:18 PM)
After market: 9.56 +0.02 (+0.21%)9.54
-0.01 (-0.1%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap524.03M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.84% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.35 | ||
| Fwd PE | 16.55 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.69
PEG (5Y)1.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.13% | ||
| ROE | 18.29% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 3.7% | ||
| PM (TTM) | 1.81% | ||
| GM | 39.74% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.28 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.41 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)173.24%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y10.83%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)8.44%
Revenue growth 3Y6.64%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y