Meritage Hospitality Group Inc.

OTCPK:MHGU Stock Report

Market Cap: US$118.4m

Meritage Hospitality Group Past Earnings Performance

Past criteria checks 0/6

Meritage Hospitality Group's earnings have been declining at an average annual rate of -58.1%, while the Hospitality industry saw earnings growing at 22.1% annually. Revenues have been growing at an average rate of 8.5% per year. Meritage Hospitality Group's return on equity is 7.8%, and it has net margins of 1%.

Key information

-58.1%

Earnings growth rate

-57.3%

EPS growth rate

Hospitality Industry Growth19.5%
Revenue growth rate8.5%
Return on equity7.8%
Net Margin1.0%
Last Earnings Update01 Jan 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Meritage Hospitality Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OTCPK:MHGU Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
01 Jan 236266380
02 Jan 2257715360
03 Jan 2151613360
29 Dec 1946810270
30 Dec 1843512250
31 Dec 173138200
01 Jan 172366160
03 Jan 162106130
28 Dec 14160280
29 Dec 131382170

Quality Earnings: MHGU has a large one-off gain of $4.2M impacting its last 12 months of financial results to 1st January, 2023.

Growing Profit Margin: MHGU's current net profit margins (1%) are lower than last year (2.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if MHGU's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: MHGU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MHGU had negative earnings growth (-58.1%) over the past year, making it difficult to compare to the Hospitality industry average (7.6%).


Return on Equity

High ROE: MHGU's Return on Equity (7.8%) is considered low.


Return on Assets


Return on Capital Employed


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