Professional
Added to YB: 2025-05-01
Pitch date: 2025-04-30
MHGU [neutral]
Meritage Hospitality Group Inc.
-74.57%
current return
Author Info
Alluvial Capital is an investment manager with a focus on overlooked and obscure securities around the world. Sign up for the newsletter.
Company Info
Meritage Hospitality Group Inc., together with its subsidiaries, operates quick-service and casual dining restaurants.
Market Cap
$15.3M
Pitch Price
$12.08
Price Target
N/A
Dividend
2.63%
EV/EBITDA
7.27
P/E
3.03
EV/Sales
0.89
Sector
Hotels, Restaurants and Leisure
Category
value
OTC Markets Oddities - Meritage Hospitality Group Inc.
MHGU (quick overview): Meritage Hospitality owns 374 Wendy's locations in Midwest/Southeast, making them one of largest franchisees. Previously sold due to leverage/operating cost concerns post-COVID. Now valued at $1.9M per restaurant (including lease liabilities), below cost of new-built Wendy's, creating potential value opportunity.
Read full article (1 min)