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It's kind of funny when you think about it. I’ve been saying it, Wall Street’s been saying it— GEN Restaurant Group (NASDAQ:GENK) is cheap.
Like, really cheap.
They’re growing like crazy—nearly 30% more
GEN Restaurant Group: Growing Pains
Summary
- Gen Korean BBQ remains deeply undervalued, trading at bargain multiples despite rapid unit growth and a self-funded balance sheet.
- Recent stock declines are driven by macro headwinds, tariff risks, and premium positioning, but the core growth story and expansion pace are intact.
- Q1 results showed strong revenue growth from new openings, manageable same-store sales declines, and temporary margin pressure from expansion costs.
- I maintain my bullish rating, but lower my price target to $8, expecting upside as macro conditions improve and market recognition increases.
I am an Equity Analyst and Accountant specializing in restaurant stocks, with a solid foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analyzing restaurant stocks in the U.S. market. Our coverage spans multiple segments, including QSR, fast casual, casual dining, fine dining, and family dining. We employ advanced analytical models and specialized valuation techniques to provide detailed insights and actionable strategies, helping investors make informed, strategic decisions. In addition to my work in the financial market, I actively engage in academic and journalistic initiatives. I contribute regularly to institutions that promote individual and economic freedom, such as the Mises Institute, Mises Brasil, and SNB&CHF. Previously, I was a columnist for Investing, where I discussed topics like monetary policy, financial education, and financial modeling, aiming to make these subjects accessible to a broader audience.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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