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TAST

Carrols Restaurant Group NasdaqGS:TAST Stock Report

Last Price

US$1.48

Market Cap

US$76.1m

7D

4.2%

1Y

-74.2%

Updated

25 May, 2022

Data

Company Financials +
TAST fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

TAST Stock Overview

Carrols Restaurant Group, Inc., through its subsidiaries, operates as a restaurant company in the United States.

Carrols Restaurant Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Carrols Restaurant Group
Historical stock prices
Current Share PriceUS$1.48
52 Week HighUS$6.36
52 Week LowUS$1.28
Beta2.52
1 Month Change-20.00%
3 Month Change-42.41%
1 Year Change-74.22%
3 Year Change-82.69%
5 Year Change-87.51%
Change since IPO-90.26%

Recent News & Updates

May 02
Is Carrols Restaurant Group (NASDAQ:TAST) Using Debt Sensibly?

Is Carrols Restaurant Group (NASDAQ:TAST) Using Debt Sensibly?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

TASTUS HospitalityUS Market
7D4.2%0.2%1.0%
1Y-74.2%-27.5%-15.1%

Return vs Industry: TAST underperformed the US Hospitality industry which returned -29.1% over the past year.

Return vs Market: TAST underperformed the US Market which returned -13.2% over the past year.

Price Volatility

Is TAST's price volatile compared to industry and market?
TAST volatility
TAST Average Weekly Movement10.2%
Hospitality Industry Average Movement9.2%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: TAST is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: TAST's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196015,938Paulo Penahttps://www.carrols.com

Carrols Restaurant Group, Inc., through its subsidiaries, operates as a restaurant company in the United States. The company operates as a Burger King and Popeyes franchisee. As of January 2, 2022, it operated 1,026 Burger King restaurants located in 23 Northeastern, Midwestern, Southcentral, and Southeastern states; and 65 Popeyes restaurants in seven Southeastern states.

Carrols Restaurant Group Fundamentals Summary

How do Carrols Restaurant Group's earnings and revenue compare to its market cap?
TAST fundamental statistics
Market CapUS$76.06m
Earnings (TTM)-US$57.13m
Revenue (TTM)US$1.66b

0.0x

P/S Ratio

-1.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TAST income statement (TTM)
RevenueUS$1.66b
Cost of RevenueUS$1.46b
Gross ProfitUS$205.87m
Other ExpensesUS$263.00m
Earnings-US$57.13m

Last Reported Earnings

Apr 03, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.11
Gross Margin12.39%
Net Profit Margin-3.44%
Debt/Equity Ratio245.8%

How did TAST perform over the long term?

See historical performance and comparison

Valuation

Is Carrols Restaurant Group undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: TAST ($1.48) is trading below our estimate of fair value ($11.69)

Significantly Below Fair Value: TAST is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TAST is unprofitable, so we can't compare its Price-To-Earnings Ratio to the US Hospitality industry average.

PE vs Market: TAST is unprofitable, so we can't compare its Price-To-Earnings Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TAST's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TAST is good value based on its Price-To-Book Ratio (0.4x) compared to the US Hospitality industry average (2.4x).


Future Growth

How is Carrols Restaurant Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


58.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TAST is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: TAST is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: TAST is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: TAST's revenue (3.2% per year) is forecast to grow slower than the US market (7.7% per year).

High Growth Revenue: TAST's revenue (3.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TAST's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Carrols Restaurant Group performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-65.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TAST is currently unprofitable.

Growing Profit Margin: TAST is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TAST is unprofitable, and losses have increased over the past 5 years at a rate of 65.1% per year.

Accelerating Growth: Unable to compare TAST's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TAST is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (157.9%).


Return on Equity

High ROE: TAST has a negative Return on Equity (-28.68%), as it is currently unprofitable.


Financial Health

How is Carrols Restaurant Group's financial position?

Financial Health Score

0/6

Financial Health Score 0/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: TAST's short term assets ($55.9M) do not cover its short term liabilities ($166.5M).

Long Term Liabilities: TAST's short term assets ($55.9M) do not cover its long term liabilities ($1.3B).


Debt to Equity History and Analysis

Debt Level: TAST's net debt to equity ratio (241.5%) is considered high.

Reducing Debt: TAST's debt to equity ratio has increased from 152.6% to 245.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: TAST has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if TAST has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Carrols Restaurant Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate TAST's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TAST's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TAST's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TAST's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as TAST has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Paulo Pena (48 yo)

0.083

Tenure

Mr. Paulo A. Pena is Chief Executive Officer, President and Director at Carrols Restaurant Group, Inc since April 1, 2022. He serves as Chief Operating Officer of Selina, one of the world’s fastest growing...


Leadership Team

Experienced Management: TAST's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: TAST's board of directors are considered experienced (3.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3%.


Top Shareholders

Company Information

Carrols Restaurant Group, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Carrols Restaurant Group, Inc.
  • Ticker: TAST
  • Exchange: NasdaqGS
  • Founded: 1960
  • Industry: Restaurants
  • Sector: Consumer Services
  • Implied Market Cap: US$76.055m
  • Shares outstanding: 51.39m
  • Website: https://www.carrols.com

Number of Employees


Location

  • Carrols Restaurant Group, Inc.
  • 968 James Street
  • PO Box 6969
  • Syracuse
  • New York
  • 13203
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/25 00:00
End of Day Share Price2022/05/25 00:00
Earnings2022/04/03
Annual Earnings2022/01/02


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.