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Del Taco Restaurants

DB:22L
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
22L
DB
$415M
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Del Taco Restaurants, Inc. develops, franchises, owns, and operates Del Taco quick-service Mexican-American restaurants in the United States. The last earnings update was 41 days ago. More info.


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22L Share Price and Events
7 Day Returns
5.1%
DB:22L
0.1%
DE Hospitality
0.3%
DE Market
1 Year Returns
-12.7%
DB:22L
-52.1%
DE Hospitality
-11.7%
DE Market
22L Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Del Taco Restaurants (22L) 5.1% -0.9% 11.7% -12.7% 26.4% -
DE Hospitality 0.1% -7.8% -10.1% -52.1% -28.9% -25.1%
DE Market 0.3% -2.8% -0.8% -11.7% 12.2% 6.1%
1 Year Return vs Industry and Market
  • 22L outperformed the Hospitality industry which returned -52.1% over the past year.
  • 22L underperformed the Market in Germany which returned -11.7% over the past year.
Price Volatility
22L
Industry
5yr Volatility vs Market

22L Value

 Is Del Taco Restaurants undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Del Taco Restaurants to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Del Taco Restaurants.

DB:22L Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:22L
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.92 (1 + (1- 21%) (94.69%))
1.408
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.41
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.408 * 5.96%)
8.62%

Discounted Cash Flow Calculation for DB:22L using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Del Taco Restaurants is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:22L DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.62%)
2019 7.35 Analyst x1 6.77
2020 12.75 Analyst x1 10.81
2021 13.99 Est @ 9.73% 10.92
2022 14.96 Est @ 6.88% 10.75
2023 15.69 Est @ 4.89% 10.38
2024 16.24 Est @ 3.49% 9.89
2025 16.64 Est @ 2.51% 9.33
2026 16.95 Est @ 1.83% 8.75
2027 17.17 Est @ 1.35% 8.16
2028 17.35 Est @ 1.01% 7.59
Present value of next 10 years cash flows $93.34
DB:22L DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $17.35 × (1 + 0.23%) ÷ (8.62% – 0.23%)
$207.26
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $207.26 ÷ (1 + 8.62%)10
$90.69
DB:22L Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $93.34 + $90.69
$184.03
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $184.03 / 36.75
$5.01
DB:22L Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:22L represents 0.87557x of NasdaqCM:TACO
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.87557x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 5.01 x 0.87557
€4.38
Value per share (EUR) From above. €4.38
Current discount Discount to share price of €9.89
= -1 x (€9.89 - €4.38) / €4.38
-125.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Del Taco Restaurants is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Del Taco Restaurants's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Del Taco Restaurants's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:22L PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-26) in USD $0.45
NasdaqCM:TACO Share Price ** NasdaqCM (2019-06-14) in USD $11.3
Germany Hospitality Industry PE Ratio Median Figure of 10 Publicly-Listed Hospitality Companies 18.98x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.7x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Del Taco Restaurants.

DB:22L PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:TACO Share Price ÷ EPS (both in USD)

= 11.3 ÷ 0.45

24.89x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Del Taco Restaurants is overvalued based on earnings compared to the DE Hospitality industry average.
  • Del Taco Restaurants is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Del Taco Restaurants's expected growth come at a high price?
Raw Data
DB:22L PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 24.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
11.1%per year
Germany Hospitality Industry PEG Ratio Median Figure of 5 Publicly-Listed Hospitality Companies 1.31x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

DB:22L PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 24.89x ÷ 11.1%

2.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Del Taco Restaurants is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Del Taco Restaurants's assets?
Raw Data
DB:22L PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-26) in USD $11.41
NasdaqCM:TACO Share Price * NasdaqCM (2019-06-14) in USD $11.3
Germany Hospitality Industry PB Ratio Median Figure of 13 Publicly-Listed Hospitality Companies 2.06x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.76x
DB:22L PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:TACO Share Price ÷ Book Value per Share (both in USD)

= 11.3 ÷ 11.41

0.99x

* Primary Listing of Del Taco Restaurants.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Del Taco Restaurants is good value based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Del Taco Restaurants's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Del Taco Restaurants has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

22L Future Performance

 How is Del Taco Restaurants expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Del Taco Restaurants expected to grow at an attractive rate?
  • Del Taco Restaurants's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Del Taco Restaurants's earnings growth is positive but not above the Germany market average.
  • Del Taco Restaurants's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:22L Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:22L Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 11.1%
DB:22L Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 1.7%
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 18.9%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:22L Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:22L Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31
2020-12-31 524 57 21 5
2019-12-31 515 51 18 6
DB:22L Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-26 507 59 17
2019-01-01 505 62 19
2018-09-11 495 58 49
2018-06-19 488 63 48
2018-03-27 479 58 49
2018-01-02 471 58 50
2017-09-12 475 63 23
2017-06-20 469 61 23
2017-03-28 460 61 22
2017-01-03 452 58 21
2016-09-06 435 58 18
2016-06-14 429 37 13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Del Taco Restaurants's earnings are expected to grow by 11.1% yearly, however this is not considered high growth (20% yearly).
  • Del Taco Restaurants's revenue is expected to grow by 1.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:22L Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Del Taco Restaurants Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:22L Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31 0.57 0.65 0.51 5.00
2019-12-31 0.50 0.52 0.49 4.00
DB:22L Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-26 0.45
2019-01-01 0.50
2018-09-11 1.26
2018-06-19 1.24
2018-03-27 1.27
2018-01-02 1.29
2017-09-12 0.58
2017-06-20 0.58
2017-03-28 0.57
2017-01-03 0.54
2016-09-06 0.44
2016-06-14 0.34

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Del Taco Restaurants will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Del Taco Restaurants's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Del Taco Restaurants has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

22L Past Performance

  How has Del Taco Restaurants performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Del Taco Restaurants's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Del Taco Restaurants has delivered over 20% year on year earnings growth in the past 5 years.
  • Del Taco Restaurants's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Del Taco Restaurants's 1-year earnings growth is negative, it can't be compared to the DE Hospitality industry average.
Earnings and Revenue History
Del Taco Restaurants's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Del Taco Restaurants Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:22L Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-26 507.13 17.16 67.43
2019-01-01 505.49 18.96 67.52
2018-09-11 494.74 48.52 64.31
2018-06-19 487.90 47.74 63.51
2018-03-27 478.67 48.86 62.15
2018-01-02 471.46 49.87 60.45
2017-09-12 475.15 22.71 59.98
2017-06-20 468.58 22.56 59.33
2017-03-28 460.03 22.09 58.28
2017-01-03 452.08 20.91 57.36
2016-09-06 435.26 17.71 55.83
2016-06-14 429.41 12.99 54.07
2016-03-22 426.99 12.76 52.51
2015-12-29 424.00 4.76 51.54
2015-09-08 416.30 -8.20 48.34
2015-06-16 410.13 -7.54 47.59
2015-03-24 490.44 -13.95 53.86
2014-12-30 396.02 -9.26 45.94
2013-12-31 370.99 -6.54 40.08

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Del Taco Restaurants has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Del Taco Restaurants used its assets less efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • Del Taco Restaurants's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Del Taco Restaurants's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Del Taco Restaurants has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

22L Health

 How is Del Taco Restaurants's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Del Taco Restaurants's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Del Taco Restaurants's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Del Taco Restaurants's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Del Taco Restaurants's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Del Taco Restaurants Company Filings, last reported 2 months ago.

DB:22L Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-26 422.70 393.17 9.02
2019-01-01 422.27 179.70 7.15
2018-09-11 423.28 170.28 6.63
2018-06-19 421.17 171.52 13.15
2018-03-27 420.16 172.78 10.04
2018-01-02 416.25 172.05 6.56
2017-09-12 382.47 163.47 7.02
2017-06-20 379.25 161.75 4.93
2017-03-28 374.48 175.04 9.32
2017-01-03 377.33 175.33 8.80
2016-09-06 370.67 170.75 11.60
2016-06-14 370.99 169.05 7.30
2016-03-22 371.16 169.36 13.40
2015-12-29 368.38 169.69 10.19
2015-09-08 362.19 176.39 7.17
2015-06-16 5.00 0.26
2015-03-24 5.00 0.00 0.07
2014-12-30 81.40 322.68 8.55
2013-12-31 5.00 0.00 1.08
  • Del Taco Restaurants's level of debt (36.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (330.7% vs 36.7% today).
  • Debt is well covered by operating cash flow (38.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.2x coverage).
X
Financial health checks
We assess Del Taco Restaurants's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Del Taco Restaurants has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

22L Dividends

 What is Del Taco Restaurants's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Del Taco Restaurants dividends. Estimated to be 0% next year.
If you bought €2,000 of Del Taco Restaurants shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Del Taco Restaurants's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Del Taco Restaurants's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:22L Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:22L Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Del Taco Restaurants has not reported any payouts.
  • Unable to verify if Del Taco Restaurants's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Del Taco Restaurants's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Del Taco Restaurants has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Del Taco Restaurants's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Del Taco Restaurants's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Del Taco Restaurants afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Del Taco Restaurants has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

22L Management

 What is the CEO of Del Taco Restaurants's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Cappasola
COMPENSATION $2,969,569
AGE 44
TENURE AS CEO 1.9 years
CEO Bio

Mr. John D. Cappasola Jr., has been the Chief Executive Officer of Del Taco Restaurants, Inc. since July 7, 2017 and President since January 2017. Mr. Cappasola served as Chief Brand Officer of Del Taco Restaurants, Inc. since February 2011 until July 7, 2017 and served as its President since January 2017 until July 7, 2017 and served as its Executive Vice President from July 2012 to January 5, 2017. Mr. Cappasola has been the Chief Brand Officer and Executive Vice President of Del Taco LLC at Del Taco Restaurant Properties I, Del Taco Restaurant Properties II, Del Taco Restaurant Properties III and Del Taco Income Properties IV since February 2011 and also serves as its Executive Vice President. Mr. Cappasola served as Vice President of Marketing Development at Del Taco, LLC from November 2008 to March 2009 and its Vice President of Marketing from March 2009 to February 2011. He previously served as Vice President of Marketing at Del Taco Restaurant Properties II and Del Taco Restaurant Properties I from March 2009 to February 2011 and Vice President of Marketing Development from September 2008 to March 2009. He spent 16 years with Blockbuster in market sales development, field marketing and in various operational, strategic and concept development disciplines. From August 2002 to September 2008, he held various positions in marketing, strategic development and operations at Blockbuster, Inc. He has been Director of Del Taco Restaurants, Inc. since July 7, 2017. Mr. Cappasola holds a bachelor of science degree in business management from california coast university.

CEO Compensation
  • John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • John's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Del Taco Restaurants management team in years:

3.3
Average Tenure
45
Average Age
  • The tenure for the Del Taco Restaurants management team is about average.
Management Team

John Cappasola

TITLE
CEO, President & Director
COMPENSATION
$3M
AGE
44
TENURE
1.9 yrs

Steve Brake

TITLE
Executive VP & CFO
COMPENSATION
$1M
AGE
45
TENURE
9.2 yrs

David Pear

TITLE
Senior Vice President of Operations
COMPENSATION
$1M
AGE
54
TENURE
7.4 yrs

Jack Tang

TITLE
General Counsel & Secretary

Jeff Little

TITLE
Senior Vice President of Development
TENURE
3.3 yrs

M. Westrum

TITLE
Chief Marketing Officer
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the Del Taco Restaurants board of directors in years:

4
Average Tenure
44
Average Age
  • The tenure for the Del Taco Restaurants board of directors is about average.
Board of Directors

Larry Levy

TITLE
Chairman
COMPENSATION
$136K
AGE
74
TENURE
5.6 yrs

John Cappasola

TITLE
CEO, President & Director
COMPENSATION
$3M
AGE
44
TENURE
1.9 yrs

Eileen Aptman

TITLE
Director
COMPENSATION
$126K
AGE
50
TENURE
4 yrs

Joe Stein

TITLE
Director
COMPENSATION
$112K
AGE
57
TENURE
4 yrs

Patrick Walsh

TITLE
Director
COMPENSATION
$151K
AGE
42
TENURE
4 yrs

Ari Levy

TITLE
Director
COMPENSATION
$106K
AGE
38
TENURE
5.6 yrs

Rich Melman

TITLE
Director
COMPENSATION
$126K
AGE
38
TENURE
4 yrs
Who owns this company?
Recent Insider Trading
  • Del Taco Restaurants insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
13. May 19 Sell David Pear Individual 09. May 19 09. May 19 -13,500 €10.55 €-142,456
21. Dec 18 Sell David Pear Individual 17. Dec 18 17. Dec 18 -5,982 €8.94 €-53,507
X
Management checks
We assess Del Taco Restaurants's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Del Taco Restaurants has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

22L News

Simply Wall St News

22L Company Info

Description

Del Taco Restaurants, Inc. develops, franchises, owns, and operates Del Taco quick-service Mexican-American restaurants in the United States. The company’s restaurants offer Mexican inspired and American classic dishes. As of March 18, 2019, it operated 580 restaurants in 14 states. The company was founded in 1964 and is headquartered in Lake Forest, California.

Details
Name: Del Taco Restaurants, Inc.
22L
Exchange: DB
Founded: 1964
$370,006,572
36,745,533
Website: http://www.deltaco.com
Address: Del Taco Restaurants, Inc.
25521 Commercentre Drive,
Lake Forest,
California, 92630,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM TACO New Common Stock Nasdaq Capital Market US USD 06. Jan 2014
DB 22L New Common Stock Deutsche Boerse AG DE EUR 06. Jan 2014
Number of employees
Current staff
Staff numbers
7,544
Del Taco Restaurants employees.
Industry
Restaurants
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 22:14
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/05/17
Last earnings filing: 2019/05/06
Last earnings reported: 2019/03/26
Last annual earnings reported: 2019/01/01


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.