GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Fiesta Restaurant Group Inc (NAS:FRGI) » Definitions » ROE %

Fiesta Restaurant Group (Fiesta Restaurant Group) ROE % : 10.60% (As of Jun. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Fiesta Restaurant Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Fiesta Restaurant Group's annualized net income for the quarter that ended in Jun. 2023 was $15.4 Mil. Fiesta Restaurant Group's average Total Stockholders Equity over the quarter that ended in Jun. 2023 was $145.6 Mil. Therefore, Fiesta Restaurant Group's annualized ROE % for the quarter that ended in Jun. 2023 was 10.60%.

The historical rank and industry rank for Fiesta Restaurant Group's ROE % or its related term are showing as below:

FRGI' s ROE % Range Over the Past 10 Years
Min: -42.37   Med: 4.94   Max: 20.22
Current: -3.43

During the past 13 years, Fiesta Restaurant Group's highest ROE % was 20.22%. The lowest was -42.37%. And the median was 4.94%.

FRGI's ROE % is not ranked
in the Restaurants industry.
Industry Median: 8.27 vs FRGI: -3.43

Fiesta Restaurant Group ROE % Historical Data

The historical data trend for Fiesta Restaurant Group's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fiesta Restaurant Group ROE % Chart

Fiesta Restaurant Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.30 -42.37 -6.67 6.85 -9.70

Fiesta Restaurant Group Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.43 -7.86 -11.11 -5.29 10.60

Competitive Comparison of Fiesta Restaurant Group's ROE %

For the Restaurants subindustry, Fiesta Restaurant Group's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fiesta Restaurant Group's ROE % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Fiesta Restaurant Group's ROE % distribution charts can be found below:

* The bar in red indicates where Fiesta Restaurant Group's ROE % falls into.



Fiesta Restaurant Group ROE % Calculation

Fiesta Restaurant Group's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-14.559/( (154.871+145.257)/ 2 )
=-14.559/150.064
=-9.70 %

Fiesta Restaurant Group's annualized ROE % for the quarter that ended in Jun. 2023 is calculated as

ROE %=Net Income (Q: Jun. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Jun. 2023 ))/ count )
=15.436/( (143.397+147.864)/ 2 )
=15.436/145.6305
=10.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2023) net income data. ROE % is displayed in the 30-year financial page.


Fiesta Restaurant Group  (NAS:FRGI) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=15.436/145.6305
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(15.436 / 427.372)*(427.372 / 348.9585)*(348.9585 / 145.6305)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.61 %*1.2247*2.3962
=ROA %*Equity Multiplier
=4.42 %*2.3962
=10.60 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=15.436/145.6305
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (15.436 / 16.844) * (16.844 / 19.26) * (19.26 / 427.372) * (427.372 / 348.9585) * (348.9585 / 145.6305)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9164 * 0.8746 * 4.51 % * 1.2247 * 2.3962
=10.60 %

Note: The net income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Fiesta Restaurant Group ROE % Related Terms

Thank you for viewing the detailed overview of Fiesta Restaurant Group's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fiesta Restaurant Group (Fiesta Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
14800 Landmark Boulevard, Suite 500, Dallas, TX, USA, 75254
Fiesta Restaurant Group Inc owns two fast-casual restaurant brands: Pollo Tropical, which offers Caribbean-inspired food; and Taco Cabana, which offers Mexican food. Collectively, the company owns and operates more than 300 restaurants in the southern United States. Roughly three-quarters of all Pollo Tropical restaurants are located in Florida. Taco Cabana restaurants are located almost exclusively in Texas. The company also franchises restaurants in Central and South America, which account for a very small portion of total company revenue.
Executives
Nirmal K Tripathy director THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Tyler Yoesting officer: Vice President and Acting CFO C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Ulyses Camacho officer: See Remarks C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Eladio Romeo officer: See Remarks C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Patricia Lopez-calleja officer: SVP, Guest Engagement C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Andrew Rechtschaffen director C/O OBREM CAPITAL MANAGEMENT, LLC, 733 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Cheri Kinder officer: VP, Corporate Controller 14800 LANDMARK BOULEVARD, SUITE 500, ADDISON TX 75254
Louis Dipietro officer: SVP, GC and Secretary 35 PARK STREET, NORFOLK MA 02056
Anthony Dinkins officer: SVP of Human Resources 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Hope Diaz officer: See Remarks C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Dirk A Montgomery officer: SVP, CFO and Treasurer C/O HEALTH INSURANCE INNOVATIONS, INC., 15438 N. FLORIDA AVE., SUITE 201, TAMPA FL 33613
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Richard C. Stockinger officer: CEO and President C/O BENIHANA INC., 8685 N.W. 53RD TERRACE, MIAMI FL 33166
Sherrill Kaplan director C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BOULEVARD, SUITE 500, DALLAS TX 75254
Joseph Brink officer: VP, Chief Procurement Officer 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254