CARROLS RESTAURANT GROUP INC (TAST) Fundamental Analysis & Valuation
NASDAQ:TAST • US14574X1046
Current stock price
9.54 USD
-0.01 (-0.1%)
At close:
9.56 USD
+0.02 (+0.21%)
After Hours:
This TAST fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. TAST Profitability Analysis
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.
- In the past 5 years TAST always reported a positive cash flow from operatings.
1.2 Ratios
- With a Return On Assets value of 2.13%, TAST perfoms like the industry average, outperforming 47.76% of the companies in the same industry.
- With a decent Return On Equity value of 18.29%, TAST is doing good in 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 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
- With a Profit Margin value of 1.81%, TAST is not doing good in the industry: 60.45% of the companies in the same industry are doing better.
- In the last couple of years the Profit Margin of TAST has grown nicely.
- The Operating Margin of TAST (3.70%) is worse than 67.16% of its industry peers.
- In the last couple of years the Operating Margin of TAST has grown nicely.
- TAST's Gross Margin of 39.74% is on the low side compared to the rest of the industry. TAST is outperformed by 65.67% of its industry peers.
- 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. TAST Health Analysis
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.
- The number of shares outstanding for TAST has been increased compared to 1 year ago.
- The debt/assets ratio for TAST has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.38, we must say that TAST is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 1.38, TAST perfoms like the industry average, outperforming 44.03% of the companies in the same industry.
- The Debt to FCF ratio of TAST is 5.07, which is a neutral value as it means it would take TAST, 5.07 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 5.07, TAST is doing good in the industry, outperforming 73.88% of the companies in the same industry.
- A Debt/Equity ratio of 2.28 is on the high side and indicates that TAST has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 2.28, TAST is in line with its industry, 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
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.
- TAST's Current ratio of 0.49 is on the low side compared to the rest of the industry. TAST is outperformed by 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.
- Looking at the Quick ratio, with a value of 0.41, TAST is doing worse than 79.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.41 |
3. TAST Growth Analysis
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.
- TAST shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.73% yearly.
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
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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. TAST Valuation Analysis
4.1 Price/Earnings Ratio
- TAST is valuated rather expensively with a Price/Earnings ratio of 18.35.
- Based on the Price/Earnings ratio, TAST is valued a bit cheaper than the industry average as 67.16% of the companies are valued more expensively.
- TAST is valuated rather cheaply when we compare the Price/Earnings ratio to 27.50, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 16.55, the valuation of TAST can be described as correct.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of TAST indicates a somewhat cheap valuation: TAST is cheaper than 61.19% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of TAST to the average of the S&P500 Index (22.62), we can say TAST is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.35 | ||
| Fwd PE | 16.55 |
4.2 Price Multiples
- TAST's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TAST is cheaper than 86.57% of the companies 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 96.27% 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
- 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. TAST Dividend Analysis
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 1.04.
- With a Dividend Yield of 0.84, TAST pays less dividend than the S&P500 average, which is at 1.81.
| 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
TAST Fundamentals: All Metrics, Ratios and Statistics
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 Number0 (-100%)
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 Fundamental Analysis 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.
How profitable is CARROLS RESTAURANT GROUP INC (TAST) stock?
CARROLS RESTAURANT GROUP INC (TAST) has a profitability rating of 4 / 10.
What is the financial health of CARROLS RESTAURANT GROUP INC (TAST) stock?
The financial health rating of CARROLS RESTAURANT GROUP INC (TAST) is 2 / 10.
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%.