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RAVE Restaurant Group

Nasdaq:RAVE
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RAVE
Nasdaq
$9M
Market Cap
  1. Home
  2. US
  3. Consumer Services
Company description

Rave Restaurant Group, Inc., together with its subsidiaries, operates and franchises pizza buffet, delivery/carry-out (delco), and express restaurants under the Pizza Inn trademark. The last earnings update was 51 days ago. More info.


Add to Portfolio Compare Print
  • RAVE Restaurant Group has significant price volatility in the past 3 months.
RAVE Share Price and Events
7 Day Returns
-26.1%
NasdaqCM:RAVE
-14.3%
US Hospitality
-4.1%
US Market
1 Year Returns
-61.8%
NasdaqCM:RAVE
-50.9%
US Hospitality
-14.9%
US Market
RAVE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
RAVE Restaurant Group (RAVE) -26.1% -52.5% -67.4% -61.8% -71.5% -95.6%
US Hospitality -14.3% -41.1% -53.1% -50.9% -43.2% -42.5%
US Market -4.1% -19.1% -23.4% -14.9% 3.5% 14.5%
1 Year Return vs Industry and Market
  • RAVE underperformed the Hospitality industry which returned -50.9% over the past year.
  • RAVE underperformed the Market in United States of America which returned -14.9% over the past year.
Price Volatility
RAVE
Industry
5yr Volatility vs Market
Related Companies

Value

 Is RAVE Restaurant Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for RAVE Restaurant Group. This is due to cash flow or dividend data being unavailable. The share price is $0.5927.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for RAVE Restaurant Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are RAVE Restaurant Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:RAVE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-29) in USD $-0.06
NasdaqCM:RAVE Share Price ** NasdaqCM (2020-04-03) in USD $0.59
United States of America Hospitality Industry PE Ratio Median Figure of 65 Publicly-Listed Hospitality Companies 11.98x
United States of America Market PE Ratio Median Figure of 2,944 Publicly-Listed Companies 12.5x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of RAVE Restaurant Group.

NasdaqCM:RAVE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:RAVE Share Price ÷ EPS (both in USD)

= 0.59 ÷ -0.06

-10.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • RAVE Restaurant Group is loss making, we can't compare its value to the US Hospitality industry average.
  • RAVE Restaurant Group is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does RAVE Restaurant Group's expected growth come at a high price?
Raw Data
NasdaqCM:RAVE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -10.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Hospitality Industry PEG Ratio Median Figure of 50 Publicly-Listed Hospitality Companies 0.55x
United States of America Market PEG Ratio Median Figure of 2,008 Publicly-Listed Companies 0.91x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for RAVE Restaurant Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on RAVE Restaurant Group's assets?
Raw Data
NasdaqCM:RAVE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-29) in USD $0.31
NasdaqCM:RAVE Share Price * NasdaqCM (2020-04-03) in USD $0.59
United States of America Hospitality Industry PB Ratio Median Figure of 106 Publicly-Listed Hospitality Companies 1.19x
United States of America Market PB Ratio Median Figure of 5,142 Publicly-Listed Companies 1.22x
NasdaqCM:RAVE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:RAVE Share Price ÷ Book Value per Share (both in USD)

= 0.59 ÷ 0.31

1.92x

* Primary Listing of RAVE Restaurant Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • RAVE Restaurant Group is overvalued based on assets compared to the US Hospitality industry average.
X
Value checks
We assess RAVE Restaurant Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. RAVE Restaurant Group has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is RAVE Restaurant Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as RAVE Restaurant Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.8%
Expected Hospitality industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is RAVE Restaurant Group expected to grow at an attractive rate?
  • Unable to compare RAVE Restaurant Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare RAVE Restaurant Group's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare RAVE Restaurant Group's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:RAVE Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 16.8%
United States of America Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 8.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:RAVE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:RAVE Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-29 12 0 -1
2019-09-29 12 0 -1
2019-06-30 12 1 -1
2019-03-24 12 1 3
2018-12-23 12 0 3
2018-09-23 13 -2 3
2018-06-24 15 -4 2
2018-03-25 18 -7 -2
2017-12-24 21 -7 -3
2017-09-24 24 -5 -10
2017-06-25 26 -6 -11
2017-03-26 36 -3 -12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if RAVE Restaurant Group is high growth as no earnings estimate data is available.
  • Unable to determine if RAVE Restaurant Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:RAVE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from RAVE Restaurant Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:RAVE Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-29 -0.06
2019-09-29 -0.04
2019-06-30 -0.05
2019-03-24 0.22
2018-12-23 0.21
2018-09-23 0.17
2018-06-24 0.16
2018-03-25 -0.14
2017-12-24 -0.26
2017-09-24 -0.95
2017-06-25 -1.06
2017-03-26 -1.18

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if RAVE Restaurant Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. RAVE Restaurant Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Services companies here
  2. RAVE Restaurant Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess RAVE Restaurant Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
RAVE Restaurant Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has RAVE Restaurant Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare RAVE Restaurant Group's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • RAVE Restaurant Group does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare RAVE Restaurant Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare RAVE Restaurant Group's 1-year growth to the US Hospitality industry average as it is not currently profitable.
Earnings and Revenue History
RAVE Restaurant Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from RAVE Restaurant Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:RAVE Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-29 11.84 -0.84 5.52
2019-09-29 12.20 -0.62 5.54
2019-06-30 12.32 -0.75 5.62
2019-03-24 12.08 3.35 6.31
2018-12-23 11.68 3.14 6.69
2018-09-23 12.68 2.51 7.21
2018-06-24 15.12 2.27 8.06
2018-03-25 17.63 -1.84 8.77
2017-12-24 21.46 -3.07 9.81
2017-09-24 24.04 -10.20 10.98
2017-06-25 26.08 -11.24 11.31
2017-03-26 35.59 -12.38 10.88
2016-12-25 44.35 -11.87 9.79
2016-09-25 52.88 -9.14 8.61
2016-06-26 59.95 -8.49 8.09
2016-03-27 58.97 -7.07 7.85
2015-12-27 55.61 -6.40 7.31
2015-09-27 51.43 -1.95 6.55
2015-06-28 48.20 -1.67 5.67
2015-03-29 45.28 -1.42 5.08
2014-12-28 44.56 -1.39 4.96
2014-09-28 43.46 -1.38 4.86
2014-06-29 42.22 -1.45 4.79
2014-03-30 41.70 -1.80 4.90
2013-12-29 40.29 -1.59 4.60
2013-09-29 40.81 -1.35 4.61
2013-06-30 41.18 -1.08 4.60

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if RAVE Restaurant Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if RAVE Restaurant Group has efficiently used its assets last year compared to the US Hospitality industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if RAVE Restaurant Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess RAVE Restaurant Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
RAVE Restaurant Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is RAVE Restaurant Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up RAVE Restaurant Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • RAVE Restaurant Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • RAVE Restaurant Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of RAVE Restaurant Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from RAVE Restaurant Group Company Filings, last reported 3 months ago.

NasdaqCM:RAVE Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-29 4.66 1.54 1.97
2019-09-29 4.73 1.53 2.42
2019-06-30 4.43 1.58 2.26
2019-03-24 5.20 1.58 1.93
2018-12-23 5.33 1.57 1.91
2018-09-23 4.92 1.57 2.01
2018-06-24 6.30 1.56 1.39
2018-03-25 2.89 1.56 0.98
2017-12-24 3.26 1.46 1.43
2017-09-24 2.60 3.68 3.98
2017-06-25 -2.08 3.75 0.45
2017-03-26 -0.91 3.76 2.37
2016-12-25 0.88 1.00 1.10
2016-09-25 8.76 0.00 0.29
2016-06-26 9.40 0.00 0.87
2016-03-27 11.50 0.00 1.27
2015-12-27 12.69 0.00 1.75
2015-09-27 17.48 0.00 3.92
2015-06-28 17.21 0.00 5.96
2015-03-29 16.83 0.00 8.59
2014-12-28 11.38 0.00 2.19
2014-09-28 11.20 0.00 1.95
2014-06-29 10.24 0.77 2.80
2014-03-30 8.29 1.13 0.37
2013-12-29 7.98 1.51 0.88
2013-09-29 7.26 1.86 1.07
2013-06-30 6.07 2.53 0.92
  • RAVE Restaurant Group's level of debt (32.9%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if RAVE Restaurant Group's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Information is not available.
  • Unable to confirm if RAVE Restaurant Group has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess RAVE Restaurant Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. RAVE Restaurant Group has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is RAVE Restaurant Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from RAVE Restaurant Group dividends.
If you bought $2,000 of RAVE Restaurant Group shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate RAVE Restaurant Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate RAVE Restaurant Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:RAVE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 39 Stocks 6.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1941 Stocks 3.1%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2%
United States of America Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as RAVE Restaurant Group has not reported any payouts.
  • Unable to verify if RAVE Restaurant Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of RAVE Restaurant Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as RAVE Restaurant Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess RAVE Restaurant Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can RAVE Restaurant Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. RAVE Restaurant Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of RAVE Restaurant Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Brandon Solano
AGE 48
TENURE AS CEO 0.5 years
CEO Bio

Mr. Brandon L. Solano has been President and Secretary of RAVE Restaurant Group, Inc. since December 10, 2019 and has been its Chief Executive Officer since October 21, 2019. Mr. Solano served as Chief Marketing Officer of Papa Murphy's Holdings, Inc. since November 30, 2015 until February 15, 2017. From 2017 through May 2019, Mr. Solano served as Chief Marketing & Digital Officer of Pei Wei Asian Diner, LLC. Mr. Solano most recently served as Chief Marketing & Digital Officer of fast-casual concept Pei Wei Asian Kitchen Mr. Solano has marketing experience at both top restaurants and consumer packaged goods (CPG) brands. He served as Senior Vice President of Marketing at The Wendy's Company from July 24, 2014 to January 31, 2015 and served as its Chief Marketing Officer since January 31, 2015, where he led the brand and sales building efforts including brand marketing, advertising, digital, culinary R&D, consumer insights and field marketing. He has professional career. He has worked for some of the world's leading brands in positions of increasing scale and complexity. Prior to joining Wendy's, he served three years as Vice President of Franchise Development at Domino's(R), leading retail store expansion, global retail re-imaging and franchise recruiting. From 2008 to 2011, he spearheaded product innovation at Domino's, where his team created an award-winning pipeline of innovative products. Prior to Wendy's, from 2008 to 2014, Mr. Solano was employed by Domino’s Pizza, Inc. He was Vice President of Development and Vice President of Brand & Retail Innovation for Domino's Pizza Inc. During his career, he held marketing roles of increasing responsibility at Hershey's, Kellogg's and Proctor & Gamble. Prior to Domino's, he served as Marketing Director for The Hershey Company. In this role, he led marketing and product innovation for Hershey's(R) largest brand, Reese's(R) Peanut Butter Cups, as well as Hispanic marketing. During his career, he has held marketing positions with Procter & Gamble, the Kellogg Company and Newell Rubbermaid, where he oversaw the launch of the brand's culinary school, the Calphalon Culinary Center. Mr. Solano holds a B.S. in Public Relations from Grand Valley State University and a M.B.A. from the University of Notre Dame.

CEO Compensation
  • Insufficient data for Brandon to compare compensation growth.
  • Insufficient data for Brandon to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the RAVE Restaurant Group management team in years:

0.4
Average Tenure
47
Average Age
  • The average tenure for the RAVE Restaurant Group management team is less than 2 years, this suggests a new team.
Management Team

Brandon Solano

TITLE
President
AGE
48
TENURE
0.5 yrs

Clint Fendley

TITLE
Vice President of Finance
AGE
47
TENURE
0.3 yrs

Mike Burns

TITLE
Chief Operating Officer
AGE
42
TENURE
0.4 yrs

Douglas Kwong

TITLE
Vice President of Marketing
TENURE
0.4 yrs

Christina Coy

TITLE
Vice President of Marketing of Pie Five Pizza Co.
TENURE
5.5 yrs

Scott Black

TITLE
Vice President of Operations at Pie Five

Deborah Lanning

TITLE
Assistant Controller
Board of Directors Tenure

Average tenure and age of the RAVE Restaurant Group board of directors in years:

12.7
Average Tenure
59.5
Average Age
  • The average tenure for the RAVE Restaurant Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Mark Schwarz

TITLE
Chairman
COMPENSATION
$31K
AGE
59
TENURE
16.2 yrs

Ramon Phillips

TITLE
Independent Vice Chairman of the Board
COMPENSATION
$26K
AGE
85

William Hammett

TITLE
Independent Director
COMPENSATION
$24K
AGE
72
TENURE
12.3 yrs

Robert Page

TITLE
Independent Director
COMPENSATION
$24K
AGE
60
TENURE
16.2 yrs

Clinton Coleman

TITLE
Independent Director
COMPENSATION
$22K
AGE
42
TENURE
12.7 yrs

Brian Bares

TITLE
Independent Director
COMPENSATION
$24K
AGE
46
TENURE
2.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
06. Dec 19 Buy Brandon Solano Individual 05. Dec 19 05. Dec 19 13,000 $1.83 $23,467
X
Management checks
We assess RAVE Restaurant Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. RAVE Restaurant Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is RAVE Restaurant Group (NASDAQ:RAVE) A Risky Investment?

NasdaqCM:RAVE Historical Debt, August 16th 2019 A Look At RAVE Restaurant Group's Liabilities According to the last reported balance sheet, RAVE Restaurant Group had liabilities of US$2.24m due within 12 months, and liabilities of US$3.65m due beyond 12 months. … While it does have liabilities worth noting, RAVE Restaurant Group also has more cash than debt, so we're pretty confident it can manage its debt safely. … RAVE Restaurant Group may have net cash on the balance sheet, but it is still interesting to look at how well the business converts its earnings before interest and tax (EBIT) to free cash flow, because that will influence both its need for, and its capacity to manage debt.

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Should You Be Excited About RAVE Restaurant Group Inc's (NASDAQ:RAVE) 51% Return On Equity?

By way of learning-by-doing, we'll look at ROE to gain a better understanding RAVE Restaurant Group Inc (NASDAQ:RAVE). … RAVE Restaurant Group has a ROE of 51%, based on the last twelve months. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.51 in profit.

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Who Are RAVE Restaurant Group Inc's (NASDAQ:RAVE) Major Shareholders?

In this article, I'm going to take a look at RAVE Restaurant Group Inc’s (NASDAQ:RAVE) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … Therefore, it is beneficial for us to examine RAVE's ownership structure in more detail.

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Are RAVE Restaurant Group Inc's (NASDAQ:RAVE) Interest Costs Too High?

RAVE Restaurant Group Inc (NASDAQ:RAVE) is a small-cap stock with a market capitalization of US$19.86m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

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Does RAVE Restaurant Group Inc (NASDAQ:RAVE) Have Enough Money Left To Grow?

Additional cash raising may dilute the value of your shares, and since RAVE Restaurant Group is currently burning more cash than it is making, it’s likely the business will need funding for future growth. … NasdaqCM:RAVE Income Statement May 16th 18 When will RAVE Restaurant Group need to raise more cash? … This means that, if RAVE Restaurant Group continues to grow its opex at this rate, given how much money it currently has in the bank, it will actually need to raise capital again within the next couple of months!

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One Thing To Consider Before Buying RAVE Restaurant Group Inc (NASDAQ:RAVE)

Not every stock is exposed to the same level of market risk. … Based on this beta value, RAVE appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … I examine RAVE’s ratio of fixed assets to total assets to see whether the company is highly exposed to the risk of this type of constraint.

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Who Really Owns RAVE Restaurant Group Inc (NASDAQ:RAVE)?

I am going to take a deep dive into RAVE Restaurant Group Inc’s (NASDAQ:RAVE) most recent ownership structure, not a frequent subject of discussion among individual investors. … See our latest analysis for RAVE Restaurant Group NasdaqCM:RAVE Ownership_summary Apr 10th 18 Institutional Ownership In RAVE's case, institutional ownership stands at 18.16%, significant enough to cause considerable price moves in the case of large institutional transactions, especially when there is a low level of public shares available on the market to trade. … RAVE insiders hold a significant stake of 16.08% in the company.

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Does RAVE Restaurant Group Inc's (NASDAQ:RAVE) Earnings Growth Make It An Outperformer?

For RAVE Restaurant Group, its most recent trailing-twelve-month earnings is -US$3.99M, which, in comparison to the prior year's level, has become less negative. … NasdaqCM:RAVE Income Statement Mar 26th 18 We can further assess RAVE Restaurant Group's loss by looking at what the industry has been experiencing over the past few years. … Each year, for the past five years RAVE Restaurant Group's top-line has risen by a mere 4.43%, on average.

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How Financially Strong Is RAVE Restaurant Group Inc (NASDAQ:RAVE)?

Does RAVE generate enough cash through operations? … Moving onto cash from operations, its operating cash flow is not yet significant enough to calculate a meaningful cash-to-debt ratio, indicating that operational efficiency is something we’d need to take a look at. … Its cash flow coverage of less than a quarter of debt means that operating efficiency could be an issue.

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RAVE Restaurant Group Inc (NASDAQ:RAVE): Is Consumer Sector Attractive Relative To NasdaqCM Peers?

RAVE Restaurant Group Inc (NASDAQ:RAVE), a $22.99M small-cap, operates in the consumer discretionary industry, whose performance is predominantly driven by consumer confidence, which is linked to employment and wage rates. … Today, I will analyse the industry outlook, and also determine whether RAVE Restaurant Group is a laggard or leader relative to its consumer discretionary sector peers. … See our latest analysis for RAVE Restaurant Group What’s the catalyst for RAVE Restaurant Group's sector growth?

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Company Info

Description

Rave Restaurant Group, Inc., together with its subsidiaries, operates and franchises pizza buffet, delivery/carry-out (delco), and express restaurants under the Pizza Inn trademark. It operates in Pizza Inn Franchising, Pie Five Franchising, and Company-Owned Restaurants segments. The company’s buffet restaurants are located in free standing buildings or strip centers in retail developments that offer dine-in, carryout, and catering services, as well as delivery services. Its delco restaurants provide delivery and carryout services that are located in shopping centers or other in-line retail developments. The company’s Express restaurants serve customers through various non-traditional points of sale that are located in convenience stores, food courts, college campuses, airport terminals, travel plazas, athletic facilities, or other commercial facilities. Rave Restaurant Group, Inc. also operates and franchises fast casual restaurants under the Pie Five Pizza Company or Pie Five trademark. As of September 30, 2019, it owned, operated, and franchised/licensed 261 Pie Five Pizza Co. and Pizza Inn restaurants, and Pizza Inn Express kiosks in the United States and internationally. The company was formerly known as Pizza Inn Holdings, Inc. and changed its name to Rave Restaurant Group, Inc. in January 2015. Rave Restaurant Group, Inc. was founded in 1958 and is based in The Colony, Texas.

Details
Name: RAVE Restaurant Group, Inc.
RAVE
Exchange: NasdaqCM
Founded: 1958
$8,966,958
15,129,000
Website: http://www.raverg.com
Address: RAVE Restaurant Group, Inc.
3551 Plano Parkway,
The Colony,
Texas, 75056,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM RAVE Common Stock Nasdaq Capital Market US USD 05. Mar 1991
DB PZ1 Common Stock Deutsche Boerse AG DE EUR 05. Mar 1991
Number of employees
Current staff
Staff numbers
40
RAVE Restaurant Group employees.
Industry
Restaurants
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 23:41
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/02/12
Last earnings reported: 2019/12/29
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.