회사 개요
Ark Restaurants Corp. is a publicly traded entity engaged in the ownership and operation of restaurants and bars across the United States, with specific physical locations established in New York City, Washington D.C., Las Vegas, Atlantic City, Florida, and Alabama. The corporation operates within the Consumer Cyclical sector, specifically categorized under the Restaurants industry, which implies that its financial performance is highly sensitive to discretionary consumer spending patterns and broader economic cycles. According to the latest available data, the company possesses a market capitalization of $25.06M, generates annual revenue of $161.51M, and employs a workforce of 1,047 individuals. These valuation and operational metrics suggest that Ark Restaurants Corp. operates as a small-cap entity with a relatively modest revenue base compared to large-scale national chains, indicating a niche market position rather than a dominant industry leader.
재무 건전성
The company reported a trailing twelve-month revenue of $161.51M, yet this gross income resulted in a net income loss of $-13,734,000, highlighting a significant disparity between top-line sales and bottom-line profitability. This substantial gap reveals a cost structure where operating expenses, likely including labor, food costs, and overhead, consume nearly 85% of total revenue before accounting for interest and taxes. While the company generated an EBITDA of $2.13M, it simultaneously produced a free cash flow of $-1,064,875, indicating that capital expenditures or working capital requirements are exceeding the cash generated from operations. The company maintains a cash reserve of $9.14M against a total debt obligation of $83.56M, creating a scenario where liquid assets cover only a fraction of its liabilities. This imbalance is further emphasized by a debt-to-equity ratio of 252.49, signaling an extremely leveraged balance sheet that exposes the firm to significant interest rate risk. Furthermore, the current ratio stands at 0.76, meaning the firm holds fewer current assets than current liabilities, which suggests a potential liquidity constraint in meeting short-term obligations. Profitability metrics are also severely challenged, with a return on equity of -32.2% and a return on assets of -0.4%, demonstrating that management has been ineffective at generating positive returns on shareholders' capital or the company's asset base.
밸류에이션 평가
Ark Restaurants Corp. does not have a trailing P/E ratio or a forward P/E ratio listed as these metrics are typically undefined when a company is reporting a net loss, implying that traditional earnings-based valuation multiples are not currently applicable for assessing its intrinsic value. Instead, the market values the stock at a price-to-book ratio of 0.74, which indicates that the company is trading at a discount to its tangible book value, suggesting the market is pricing in significant risks or poor asset quality. Alternative valuation metrics such as a price-to-sales ratio of 0.16 and an EV/EBITDA multiple of 46.40 provide a different perspective, where the extremely low P/S ratio reflects the lack of profitability relative to sales, while the high EV/EBITDA multiple suggests investors are demanding a significant premium for the company's heavy debt load and lack of earnings generation. The stock's trading range over the last 52 weeks spans from a low of $5.75 to a high of $12.60, providing a clear volatility band for price analysis. Without a specific current price provided in the data, the exact percentage deviation from these bounds cannot be calculated, but the wide spread between $5.75 and $12.60 underscores the significant price fluctuations inherent in small-cap restaurant stocks. The company exhibits a beta of 0.34, which indicates that its stock price volatility is significantly lower than that of the broader market, suggesting it may be less sensitive to general market swings but carries idiosyncratic risks related to its specific geographic operations and debt structure.
Growth & Income
Ark Restaurants Corp. is experiencing negative growth trajectories, with revenue declining year-over-year by -9.4% and earnings dropping even more sharply by -71.7%. This divergence indicates that earnings are shrinking at a much faster rate than revenue, which implies that the company is facing severe margin compression or one-time charges that are disproportionately impacting its bottom line. The company does not pay dividends, evidenced by a dividend yield of N/A and a payout ratio of 0.0%, meaning it retains all earnings or losses to fund operations and debt servicing rather than distributing income to shareholders. Consequently, the overall growth and income profile is characterized by contraction in both sales and profitability, with no income stream available for investors seeking current yield, forcing reliance on capital appreciation or potential restructuring to reverse the negative trends.