CARROLS RESTAURANT GROUP INC (TAST)
US14574X1046 - Common Stock
Overall TAST gets a fundamental rating of 4 out of 10. We evaluated TAST against 135 industry peers in the Hotels, Restaurants & Leisure industry. TAST has a medium profitability rating, but doesn't score so well on its financial health evaluation. TAST has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year TAST was profitable.
TAST had a positive operating cash flow in the past year.
TAST had negative earnings in 4 of the past 5 years.
TAST had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of TAST (2.13%) is comparable to the rest of the industry.
TAST has a better Return On Equity (18.29%) than 71.64% of its industry peers.
TAST has a Return On Invested Capital (4.42%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.13% | ||
| ROE | 18.29% | ||
| ROIC | 4.42% |
ROA(3y)-1.71%
ROA(5y)-1.73%
ROE(3y)-17.32%
ROE(5y)-14.63%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
TAST has a Profit Margin of 1.81%. This is in the lower half of the industry: TAST underperforms 60.45% of its industry peers.
TAST's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 3.70%, TAST is doing worse than 67.16% of the companies in the same industry.
In the last couple of years the Operating Margin of TAST has grown nicely.
Looking at the Gross Margin, with a value of 39.74%, TAST is doing worse than 65.67% of the companies in the same industry.
In the last couple of years the Gross Margin of TAST has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.7% | ||
| PM (TTM) | 1.81% | ||
| GM | 39.74% |
OM growth 3Y49.37%
OM growth 5Y2.77%
PM growth 3YN/A
PM growth 5Y21.87%
GM growth 3Y1.02%
GM growth 5Y-0.06%
2. Health
2.1 Basic Checks
TAST has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, TAST has more shares outstanding
The number of shares outstanding for TAST has been increased compared to 5 years ago.
Compared to 1 year ago, TAST has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.38, we must say that TAST is in the distress zone and has some risk of bankruptcy.
TAST's Altman-Z score of 1.38 is in line compared to the rest of the industry. TAST outperforms 44.03% of its industry peers.
TAST has a debt to FCF ratio of 5.07. This is a neutral value as TAST would need 5.07 years to pay back of all of its debts.
TAST has a better Debt to FCF ratio (5.07) than 73.88% of its industry peers.
A Debt/Equity ratio of 2.28 is on the high side and indicates that TAST has dependencies on debt financing.
The Debt to Equity ratio of TAST (2.28) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.28 | ||
| Debt/FCF | 5.07 | ||
| Altman-Z | 1.38 |
ROIC/WACC0.49
WACC8.98%
2.3 Liquidity
TAST has a Current Ratio of 0.49. This is a bad value and indicates that TAST is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of TAST (0.49) is worse than 76.87% of its industry peers.
A Quick Ratio of 0.41 indicates that TAST may have some problems paying its short term obligations.
The Quick ratio of TAST (0.41) is worse than 79.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.41 |
3. Growth
3.1 Past
TAST shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 173.24%, which is quite impressive.
Measured over the past years, TAST shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.18% on average per year.
Looking at the last year, TAST shows a quite strong growth in Revenue. The Revenue has grown by 8.44% in the last year.
The Revenue has been growing by 9.73% on average over the past years. This is quite good.
EPS 1Y (TTM)173.24%
EPS 3YN/A
EPS 5Y13.18%
EPS Q2Q%280%
Revenue 1Y (TTM)8.44%
Revenue growth 3Y6.64%
Revenue growth 5Y9.73%
Sales Q2Q%5.67%
3.2 Future
TAST is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.34% yearly.
The Revenue is expected to grow by 1.38% on average over the next years.
EPS Next Y10.83%
EPS Next 2Y4.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.76%
Revenue Next 2Y2.88%
Revenue Next 3Y-0.54%
Revenue Next 5Y1.38%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.35, which indicates a rather expensive current valuation of TAST.
Compared to the rest of the industry, the Price/Earnings ratio of TAST indicates a somewhat cheap valuation: TAST is cheaper than 67.16% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of TAST to the average of the S&P500 Index (28.39), we can say TAST is valued slightly cheaper.
A Price/Forward Earnings ratio of 16.55 indicates a correct valuation of TAST.
61.19% of the companies in the same industry are more expensive than TAST, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 19.91. TAST is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.35 | ||
| Fwd PE | 16.55 |
4.2 Price Multiples
TAST's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TAST is cheaper than 86.57% of the companies in the same industry.
96.27% of the companies in the same industry are more expensive than TAST, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.2 | ||
| EV/EBITDA | 6.33 |
4.3 Compensation for Growth
TAST's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.69
PEG (5Y)1.39
EPS Next 2Y4.34%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.84%, TAST is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.86, TAST pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.84, TAST pays less dividend than the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.84% |
5.2 History
TAST has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
3.77% of the earnings are spent on dividend by TAST. This is a low number and sustainable payout ratio.
DP3.77%
EPS Next 2Y4.34%
EPS Next 3YN/A
CARROLS RESTAURANT GROUP INC
NASDAQ:TAST (5/15/2024, 7:11:18 PM)
After market: 9.56 +0.02 (+0.21%)9.54
-0.01 (-0.1%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap524.03M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.84% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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PT rev (1m)
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EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.35 | ||
| Fwd PE | 16.55 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.69
PEG (5Y)1.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.13% | ||
| ROE | 18.29% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 3.7% | ||
| PM (TTM) | 1.81% | ||
| GM | 39.74% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.28 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.41 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)173.24%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y10.83%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)8.44%
Revenue growth 3Y6.64%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y