$73 till Summer 2019
Updated
The rating for a burger chain unusually high rating (currently estimated P / E for 2018 of more than 100) is not completely absurd. At Shake Shack, the return on
the capital employed is one of the key drivers. The New York-based company is a trend-setter with its gastronomy concept, the queues in front of the so-called "shacks" (the branches) are legendary. There are burgers in there
Organic quality, which obviously makes a lasting impression on most guests
leave. Should you not be convinced yet: make a visit
a self-experiment in the USA! With an average turnover of more than
$ 4 million per store brings the company to a result of just over $ 1 million. The investment costs of around $ 3 million for a "shack" have paid for themselves in about three years.
Reason enough for Shake Shack to hit the gas during expansion. So should
the number of branches in the US in 2018 will grow from 90 to up to 125. simultaneously
The company is expanding through franchises in the Middle East, UK and Asia.
With disproportionately high franchise fees compared to the sector, this can be
Companies here exploit the strength of its brand, without binding its own capital
to have to. In the medium term, the company is likely to have several hundred "shacks"
grow and become a true cash flow machine. The rise in share prices after the more than convincing figures for the first quarter nevertheless seems a bit over the top. With an EV / EBITDA multiple of more than 20, the stock is trading at a hefty premium to some of the industry's best-managed companies (EV / EBITDA of approximately 16.5). The stock should therefore only be bought after price resets.
From Elliott Wellen point of view, therefore, would be the setback in the wave 4 of the red (1) as a favorable entry point and considered a long-term investment.
Greetings from Hannover
Stefan Bode
P.S. Share and like it ;-)
the capital employed is one of the key drivers. The New York-based company is a trend-setter with its gastronomy concept, the queues in front of the so-called "shacks" (the branches) are legendary. There are burgers in there
Organic quality, which obviously makes a lasting impression on most guests
leave. Should you not be convinced yet: make a visit
a self-experiment in the USA! With an average turnover of more than
$ 4 million per store brings the company to a result of just over $ 1 million. The investment costs of around $ 3 million for a "shack" have paid for themselves in about three years.
Reason enough for Shake Shack to hit the gas during expansion. So should
the number of branches in the US in 2018 will grow from 90 to up to 125. simultaneously
The company is expanding through franchises in the Middle East, UK and Asia.
With disproportionately high franchise fees compared to the sector, this can be
Companies here exploit the strength of its brand, without binding its own capital
to have to. In the medium term, the company is likely to have several hundred "shacks"
grow and become a true cash flow machine. The rise in share prices after the more than convincing figures for the first quarter nevertheless seems a bit over the top. With an EV / EBITDA multiple of more than 20, the stock is trading at a hefty premium to some of the industry's best-managed companies (EV / EBITDA of approximately 16.5). The stock should therefore only be bought after price resets.
From Elliott Wellen point of view, therefore, would be the setback in the wave 4 of the red (1) as a favorable entry point and considered a long-term investment.
Greetings from Hannover
Stefan Bode
P.S. Share and like it ;-)
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t.me/stefan_bode_analysen
Zins oder Dividende? Aktien oder Anleihen? Was sind Wandeloptionsanleihen?
Immobilien oder Rohstoffe?
Rinderfarm in Südamerika.
Geld richtig investieren!
fondslounge.de
Zins oder Dividende? Aktien oder Anleihen? Was sind Wandeloptionsanleihen?
Immobilien oder Rohstoffe?
Rinderfarm in Südamerika.
Geld richtig investieren!
fondslounge.de
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