Casual Restaurants Inc
Casual Restaurants Inc has a market price of 31.95 TWD and a market cap of 651,875,850 TWD, with a price-to-book ratio of 2.68 and a price-to-tangible-book ratio of 2.68 [doc:valuation_snapshot]. The company's enterprise value to EBITDA is -211.94, indicating a negative EBITDA, and an enterprise value to revenue of 0.64 [doc:valuation_snapshot]. The company's return on equity is -8.18%, and return on assets is -1.58%, both below the industry median [doc:valuation_snapshot]. The company's debt-to-equity ratio is 2.77, significantly higher than the industry median, and the current ratio is 0.72, indicating potential liquidity constraints [doc:valuation_snapshot]. The company's operating income is -6,263,000 TWD, and net income is -19,932,000 TWD, reflecting a challenging operating environment [doc:financial_snapshot]. The company's revenue is concentrated in Taiwan and Hong Kong, with no disclosed segment breakdown, and the company operates multiple Western-style brands including TGI Fridays, Texas Roadhouse, and Dan Ryan’s [doc:7789.TWO-annual_report_2023]. The company's revenue for the latest period is 2,079,065,000 TWD [doc:financial_snapshot]. The company's growth trajectory is uncertain, with a negative net income and operating income. The company's revenue history does not indicate a clear growth trend, and the outlook for the current and next fiscal years is not provided [doc:financial_snapshot]. The company's capital expenditure is -87,338,000 TWD, indicating a reduction in capital spending [doc:financial_snapshot]. The company's risk assessment indicates medium liquidity risk and low dilution risk, with a key flag of negative net cash after subtracting total debt [doc:risk_assessment]. The company's dilution potential is low, and no significant adjustments have been applied to the valuation metrics [doc:risk_assessment]. The company's liquidity risk is moderate, and the credit risk is not explicitly stated [doc:risk_assessment]. Recent events include the company's 2023 annual report, which discloses the company's operations and financial performance [doc:7789.TWO-annual_report_2023]. No recent filings or transcripts indicate significant changes in the company's strategy or operations [doc:7789.TWO-annual_report_2023].
Business. Casual Restaurants Inc operates Western-style chain catering brands in Taiwan and Hong Kong, offering meals such as steaks, ribs, pasta, and beverages, with a model involving raw material sourcing and logistics distribution [doc:7789.TWO-annual_report_2023].
Classification. Casual Restaurants Inc is classified under the Restaurants & Bars industry within the Cyclical Consumer Services business sector, with a confidence level of 0.92 [doc:verified_market_data].
- Casual Restaurants Inc has a high debt-to-equity ratio of 2.77, indicating significant leverage.
- The company's return on equity is -8.18%, and return on assets is -1.58%, both below the industry median.
- The company's liquidity risk is medium, with a current ratio of 0.72.
- The company's revenue is concentrated in Taiwan and Hong Kong, with no disclosed segment breakdown.
- The company's growth trajectory is uncertain, with a negative net income and operating income.
- # RATIONALES
- {
- "margin_outlook_rationale": "The company's margin outlook is negative due to a return on equity of -8.18% and a return on assets of -1.58% [doc:valuation_snapshot].",
- Net cash is negative after subtracting total debt.