Carrols Restaurant Group: An Attractive Investment Opportunity

Singular Research
2.9K Followers

Summary

  • We believe Burger King's recent rebranding campaign will drive additional traffic to restaurants that the market isn't pricing in.
  • A recent study done in May concluded that fast-food chains are experiencing a 33% rise in the number of visits during the first four months of 2021.
  • We believe through an equally blended EV/EBITDA, P/B, and P/S ratio that TAST is undervalued.

Niagara Falls, Ontario, Canada - August 11, 2019: A Burger King restaurant; Burger King (<a href='https://seekingalpha.com/symbol/BK' title='The Bank of New York Mellon Corporation'>BK</a>) is an American global chain of hamburger fast food restaurants.

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Investment Thesis

We believe Carrols Restaurant Group (TAST) represents an attractive investment due to the growing demand for fast food from the pandemic, a recent rebranding campaign for Burger King, and the fundamental undervaluation of TAST relative to

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This article was written by

Singular Research
2.9K Followers
Singular Research aims to be a trusted supplier of independent research on micro/small cap companies. We provide initiation reports and quarterly updates on roughly 40 uncovered companies. We cover growth and value style equity ideas leveraging the extensive experience and knowledge of our in house staff of over 6 CFA's. Award winning original research with a following of over 105 institutional clients with over $60 billion in assets under mgmt. Singular is closely associated with the existing author Cook Capital Management.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of TAST either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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