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Added to YB: 2025-04-22

Pitch date: 2025-03-02

MHGU [bullish]

Meritage Hospitality Group Inc.

-88.86%

current return

Author Info

No bio for this author

Company Info

Meritage Hospitality Group Inc., together with its subsidiaries, operates quick-service and casual dining restaurants.

Market Cap

$13.9M

Pitch Price

$14.36

Price Target

26.00 (+1525%)

Dividend

N/A

EV/EBITDA

13.13

P/E

N/A

EV/Sales

N/A

Sector

Hotels, Restaurants and Leisure

Category

special_situation

Show full summary:
Meritage Hospitality Group Inc. - $MHGU

MHGU: 2nd largest Wendy's franchisee (376 stores) at 6.5x 2025E EBITDA, 0.5x EV/sales, $880K/store vs $925K in recent Carrols deal. Aging insiders (68% ownership) seek 'liquidity event'. Prime costs normalizing to 60%. Wendy's 400-unit cap limits growth after Taco John's expansion failed (53% comp sales decline). $26 PT (75% upside).

Read full article (11 min)