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General information

Country: UNITED STATES

Sector: Restaurants

Ark Restaurants Corp. owns and operates restaurants and bars, fast food concepts and catering operations in the U.S. The company is headquartered in New York City, New York and currently employs 1,328 full-time employees. The firm owned and/or operated 20 restaurants and bars, 19 fast food concepts and catering operations. As of September 29, 2018, five of its restaurant and bar facilities are located in New York City; two are located in Washington, D.C.,; five are located in Las Vegas, Nevada, three are located in Atlantic City, New Jersey,; one is located in the Faneuil Hall Marketplace in Boston, Massachusetts, and two are located on the east coast of Florida and two are located on the gulf coast of Alabama.
Website: arkrestaurants.com



Growth: Good revenue growth rate 23.3%, there is slowdown compared to average historical growth rates 24.1%. The revenue growth dynamics is unstable

Profitability: LTM EBITDA margin is positive, +16.1%. On average the margin is decreasing steadily. Gross margin is high, +41.9%.

Cash Flow Generation: Dividend yield for the last twelve months 5.5%. Free cash flow yield 8.1% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 0.5% higher than minimum and 38.5% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 3.5x by EV / Sales multiple , the company can be >100% undervalued

Key Financials (Download financials)

Ticker: ARKR
Share price, USD:  (+0.2%)13.52
year average price 15.73  


year start price 17.70 2023-05-10

max close price 18.75 2023-06-16

min close price 13.45 2024-05-02

current price 13.52 2024-05-08
Common stocks: 3 632 527

Dividend Yield:  5.5%
FCF Yield LTM: 8.1%
EV / LTM EBITDA: 4.3x
EV / EBITDA annualized: 3.9x
Last revenue growth (y/y):  23.3%
Last growth of EBITDA (y/y):  -11.1%
Historical revenue growth:  24.1%
Historical growth of EBITDA:  ---
EV / Sales: 0.7x
Margin (EBITDA LTM / Revenue): 16.1%
Fundamental value created in LTM:
Market Cap ($m): 49
Net Debt ($m): 76
EV (Enterprise Value): 125
Price to Book: 0.9x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2023-12-19Seeking Alpha

Ark Restaurants Corp. (ARKR) Q4 2023 Earnings Call Transcript

2023-12-13Business Wire

Ark Restaurants Announces Conference Call

2023-08-15Seeking Alpha

Ark Restaurants Corp. (ARKR) Q3 2023 Earnings Call Transcript

2023-07-13Seeking Alpha

Ark Restaurants: Short-Term Pain, Long-Term Generous Dividends
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-30 2023-09-30 2023-07-01 2023-04-01 2022-12-31 2022-10-01
symbol ARKR ARKR ARKR ARKR ARKR ARKR
reportedCurrency USD USD USD USD USD USD
cik 779 544 779 544 779 544 779 544 779 544 779 544
fillingDate 2024-02-13 2023-12-21 2023-08-15 2023-05-16 2023-02-14 2022-12-20
acceptedDate 2024-02-13 16:08:44 2023-12-21 16:37:12 2023-08-15 16:08:04 2023-05-16 16:07:47 2023-02-14 16:08:36 2022-12-20 16:07:27
calendarYear 2024.000 2023.000 2023.000 2023.000 2023.000 2022.000
period Q1 Q4 Q3 Q2 Q1 Q4
revenue 47M 44M 51M 42M 47M 47M
costOfRevenue 29M 29M 30M 27M 29M 29M
grossProfit 18M 15M 21M 15M 18M 18M
grossProfitRatio 0.388 0.337 0.404 0.353 0.390 0.379
researchAndDevelopmentExpenses 0 0 0 0 0 0
generalAndAdministrativeExpenses 10M 9M 10M 8M 9M 9M
sellingAndMarketingExpenses 0 0 0 0 0 0
sellingGeneralAndAdministrativeExpenses 10M 9M 10M 8M 9M 9M
otherExpenses 26 000 26 000 26 000 6M 7M 7M
operatingExpenses 17M 16M 17M 15M 16M 16M
costAndExpenses 46M 45M 47M 42M 45M 45M
interestIncome 11 000 10000.000 16 000 217 000 90 000 49 000
interestExpense 171 000 161 000 174 000 465 000 339 000 354 000
depreciationAndAmortization 1M 1M 1M 1M 1M 1M
ebitda 3M 403 000 5M 1M 3M 2M
ebitdaratio 0.060 0.009 0.095 0.028 0.068 0.053
operatingIncome 2M -11M 4M 23 000 2M 1M
operatingIncomeRatio 0.034 -0.241 0.071 0.001 0.046 0.030
totalOtherIncomeExpensesNet 311 000 -10M 26 000 -248 000 -67 000 -268 000
incomeBeforeTax 2M -11M 4M -225 000 2M 1M
incomeBeforeTaxRatio 0.037 -0.244 0.069 -0.005 0.045 0.025
incomeTaxExpense 158 000 -370 000 173 000 19 000 114 000 157 000
netIncome 1M -10M 3M -244 000 2M 762 000
netIncomeRatio 0.029 -0.233 0.063 -0.006 0.036 0.016
eps 0.380 -2.880 0.890 -0.068 0.480 0.210
epsdiluted 0.380 -2.880 0.880 -0.067 0.470 0.210
weightedAverageShsOut 4M 4M 4M 4M 4M 4M
weightedAverageShsOutDil 4M 4M 4M 4M 4M 4M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Balance Sheet Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-30 2023-09-30 2023-07-01 2023-04-01 2022-12-31 2022-10-01
symbol ARKR ARKR ARKR ARKR ARKR ARKR
reportedCurrency USD USD USD USD USD USD
cik 779 544 779 544 779 544 779 544 779 544 779 544
fillingDate 2024-02-13 2023-12-21 2023-08-15 2023-05-16 2023-02-14 2022-12-20
acceptedDate 2024-02-13 16:08:44 2023-12-21 16:37:12 2023-08-15 16:08:04 2023-05-16 16:07:47 2023-02-14 16:08:36 2022-12-20 16:07:27
calendarYear 2024.000 2023.000 2023.000 2023.000 2023.000 2022.000
period Q1 Q4 Q3 Q2 Q1 Q4
cashAndCashEquivalents 12M 13M 14M 18M 19M 23M
shortTermInvestments 0 0 0 0 5M 5M
cashAndShortTermInvestments 12M 13M 14M 18M 24M 28M
netReceivables 5M 4M 4M 4M 5M 4M
inventory 3M 3M 3M 3M 3M 4M
otherCurrentAssets 1M 2M 2M 2M 1M 9M
totalCurrentAssets 21M 22M 23M 27M 35M 39M
propertyPlantEquipmentNet 128M 131M 130M 132M 134M 136M
goodwill 7M 7M 17M 17M 17M 17M
intangibleAssets 4M 4M 4M 4M 4M 4M
goodwillAndIntangibleAssets 12M 12M 22M 22M 22M 22M
longTermInvestments 7M 7M 6M 6M 6M 6M
taxAssets 4M 4M 3M 3M 3M 3M
otherNonCurrentAssets 2M 2M 2M 2M 3M 3M
totalNonCurrentAssets 152M 155M 164M 166M 168M 170M
otherAssets 0 0 0 0 0 0
totalAssets 174M 177M 187M 193M 204M 210M
accountPayables 5M 4M 4M 4M 5M 4M
shortTermDebt 10M 10M 10M 16M 14M 14M
taxPayables 1M 765 000 1M 954 000 1M 916 000
deferredRevenue 3M 6M 5M 6M 3M 6M
otherCurrentLiabilities 8M 8M 8M 7M 9M 11M
totalCurrentLiabilities 26M 28M 27M 33M 31M 35M
longTermDebt 95M 97M 97M 100M 111M 115M
deferredRevenueNonCurrent 0 -18M 0 0 0 0
deferredTaxLiabilitiesNonCurrent 0 24M 0 0 0 0
otherNonCurrentLiabilities 0 -5M 0 0 0 90M
totalNonCurrentLiabilities 95M 97M 97M 100M 111M 115M
otherLiabilities 0 0 0 0 0 0
capitalLeaseObligations 98M 100M 99M 101M 103M 105M
totalLiabilities 121M 125M 124M 133M 142M 149M
preferredStock 0 0.000 0 0 0 0
commonStock 36 000 36 000 36 000 36 000 36 000 36 000
retainedEarnings 37M 36M 47M 45M 46M 44M
accumulatedOtherComprehensiveIncomeLoss 0 -0.000 0 0 0 0
othertotalStockholdersEquity 15M 14M 14M 14M 16M 15M
totalStockholdersEquity 52M 50M 61M 59M 61M 60M
totalEquity 52M 52M 63M 61M 61M 60M
totalLiabilitiesAndStockholdersEquity 174M 177M 187M 193M 204M 210M
minorityInterest 527 000 1M 2M 2M 495 000 0
totalLiabilitiesAndTotalEquity 174M 177M 187M 193M 204M 210M
totalInvestments 7M 7M 6M 6M 12M 11M
totalDebt 105M 107M 107M 116M 125M 129M
netDebt 93M 94M 93M 98M 105M 105M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Cash Flow Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-30 2023-09-30 2023-07-01 2023-04-01 2022-12-31 2022-10-01
symbol ARKR ARKR ARKR ARKR ARKR ARKR
reportedCurrency USD USD USD USD USD USD
cik 779 544 779 544 779 544 779 544 779 544 779 544
fillingDate 2024-02-13 2023-12-21 2023-08-15 2023-05-16 2023-02-14 2022-12-20
acceptedDate 2024-02-13 16:08:44 2023-12-21 16:37:12 2023-08-15 16:08:04 2023-05-16 16:07:47 2023-02-14 16:08:36 2022-12-20 16:07:27
calendarYear 2024.000 2023.000 2023.000 2023.000 2023.000 2022.000
period Q1 Q4 Q3 Q2 Q1 Q4
netIncome 2M -10M 3M -244 000 2M 998 000
depreciationAndAmortization 1M 1M 1M 1M 1M 1M
deferredIncomeTax 28 000 -597 000 -46 000 14 000 9000.000 -78 000
stockBasedCompensation 77 000 77 000 78 000 80 000 79 000 76 000
changeInWorkingCapital -2M 1M 199 000 2M -4M 2M
accountsReceivables -1M 435 000 -72 000 512 000 -1M 1M
inventory 121 000 156 000 56 000 148 000 254 000 313 000
accountsPayables 515 000 -325 000 246 000 -609 000 280 000 -927 000
otherWorkingCapital -2M 1M -31 000 2M -4M 1M
otherNonCashItems 2000.000 10M 25 000 16 000 -294 000 -19 000
netCashProvidedByOperatingActivities 558 000 2M 5M 3M -903 000 5M
investmentsInPropertyPlantAndEquipment -276 000 -740 000 -1M -1M -797 000 -916 000
acquisitionsNet 0 0 0 0 0 0
purchasesOfInvestments 0 0 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0 0 0
otherInvestingActivites 22 000 8000.000 42 000 5M 46 000 -5M
netCashUsedForInvestingActivites -254 000 -732 000 -990 000 4M -751 000 -6M
debtRepayment -480 000 -593 000 -7M -7M -2M -1M
commonStockIssued 0 0 0 0 0 703 000
commonStockRepurchased 0 0 0 0 0 0
dividendsPaid -676 000 -676 000 -676 000 -450 000 -450 000 -450 000
otherFinancingActivites -441 000 -84 000 -429 000 -467 000 -120 000 -703 000
netCashUsedProvidedByFinancingActivities -2M -1M -8M -8M -2M -2M
effectOfForexChangesOnCash 0 0 0 0 0 0
netChangeInCash -1M -571 000 -4M -2M -4M -3M
cashAtEndOfPeriod 12M 13M 14M 18M 19M 23M
cashAtBeginningOfPeriod 13M 14M 18M 19M 23M 27M
operatingCashFlow 558 000 2M 5M 3M -903 000 5M
capitalExpenditure -276 000 -740 000 -1M -1M -797 000 -916 000
freeCashFlow 282 000 774 000 4M 2M -2M 4M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Earning call transcript

2023 q4
2024-02-13 ET (fiscal 2024 q1)
2023 q3
2023-12-19 ET (fiscal 2023 q4)
2023 q2
2023-08-15 ET (fiscal 2023 q3)
2023 q1
2023-05-16 ET (fiscal 2023 q2)
2022 q4
2023-02-14 ET (fiscal 2023 q1)
2022 q3
2022-12-20 ET (fiscal 2022 q4)
2022 q2
2022-08-16 ET (fiscal 2022 q3)
2022 q1
2022-05-17 ET (fiscal 2022 q2)
2021 q4
2022-02-15 ET (fiscal 2022 q1)

Press-releases

Show financial reports only

2024-02-12 21:20 ET
Ark Restaurants Announces Financial Results for the First Quarter of 2024
2024-02-07 21:05 ET
Ark Restaurants Announces Conference Call
2024-02-06 21:20 ET
Ark Restaurants Announces Declaration of Dividend
2023-12-18 21:20 ET
Ark Restaurants Announces Financial Results for the Fourth Quarter and Fiscal Year Ended 2023
2023-12-13 21:05 ET
Ark Restaurants Announces Conference Call
2023-11-08 21:20 ET
Ark Restaurants Announces Declaration of Dividend
2023-08-14 20:20 ET
Ark Restaurants Announces Financial Results for the Third Quarter of 2023
2023-08-09 20:05 ET
Ark Restaurants Announces Conference Call
2023-08-08 20:20 ET
Ark Restaurants Announces Declaration of Dividend
2023-05-15 20:20 ET
Ark Restaurants Announces Financial Results for the Second Quarter of 2023
2023-05-10 20:05 ET
Ark Restaurants Announces Conference Call
2023-05-09 20:15 ET
Ark Restaurants Announces Declaration of Dividend
2023-02-13 21:05 ET
Ark Restaurants Announces Financial Results for the First Quarter of 2023 and Declaration of Quarterly Cash Dividend
2023-02-07 21:05 ET
Ark Restaurants Announces Conference Call
2022-12-19 21:05 ET
Ark Restaurants Announces Financial Results for the Fourth Quarter and Fiscal Year Ended 2022
2022-12-13 21:05 ET
Ark Restaurants Announces Conference Call
2022-11-09 21:05 ET
Ark Restaurants Announces Declaration of Dividend
2022-08-15 20:05 ET
Ark Restaurants Announces Financial Results for the Third Quarter of 2022 and Declaration of Quarterly Cash Dividend
2022-08-10 20:05 ET
Ark Restaurants Announces Conference Call
2022-05-16 20:05 ET
Ark Restaurants Announces Financial Results for the Second Quarter of 2022 and Reinstatement of Quarterly Cash Dividend
2022-05-11 20:05 ET
Ark Restaurants Announces Conference Call
2022-02-14 21:05 ET
Ark Restaurants Announces Financial Results for the First Quarter of 2022
2022-02-09 21:05 ET
Ark Restaurants Announces Conference Call
2021-12-20 21:05 ET
Ark Restaurants Announces Financial Results for the Fourth Quarter and Fiscal Year Ended 2021
2021-12-15 21:15 ET
Ark Restaurants Announces Conference Call
2021-08-16 20:05 ET
Ark Restaurants Announces Financial Results for the Third Quarter of 2021
2021-08-12 20:05 ET
Ark Restaurants Announces Conference Call
2021-05-17 20:05 ET
Ark Restaurants Announces Financial Results for the Second Quarter of 2021
2021-05-13 20:05 ET
Ark Restaurants Announces Conference Call
2021-02-15 21:05 ET
Ark Restaurants Announces Financial Results for the First Quarter of 2021
2021-02-11 21:05 ET
Ark Restaurants Announces Conference Call
2020-12-21 21:05 ET
Ark Restaurants Announces Financial Results for the Fourth Quarter and Fiscal Year Ended 2020
2020-12-17 21:05 ET
Ark Restaurants Announces Conference Call
2020-08-10 20:05 ET
Ark Restaurants Announces Financial Results for the Third Quarter of 2020
2020-08-06 20:05 ET
Ark Restaurants Announces Conference Call
2020-07-02 20:05 ET
Ark Restaurants Announces Cancellation of March Dividend Payment
2020-06-22 20:05 ET
Ark Restaurants Announces Financial Results for the Second Quarter of 2020 and Suspension of Quarterly Dividend
2020-06-18 20:05 ET
Ark Restaurants Announces Conference Call
2020-03-17 20:30 ET
Ark Restaurants Announces Temporary Closure of Certain Restaurants and the Holding of the Annual Shareholders Meeting Virtually
2020-03-13 20:40 ET
Ark Restaurants Announces Deferral of Dividend Payment
2020-03-02 21:05 ET
Ark Restaurants Announces Declaration of Dividend
2020-02-10 21:05 ET
Ark Restaurants Announces Financial Results for the First Quarter of 2020
2020-02-06 21:05 ET
Ark Restaurants Announces Conference Call
2019-12-18 14:21 ET
CORRECTING and REPLACING Ark Restaurants Announces Financial Results for the Fourth Quarter and Fiscal Year Ended 2019
2019-12-16 21:05 ET
Ark Restaurants Announces Financial Results for the Fourth Quarter and Fiscal Year Ended 2019
2019-12-12 21:05 ET
Ark Restaurants Announces Conference Call
2019-12-04 21:05 ET
Ark Restaurants Announces Declaration of Dividend
2019-09-09 20:05 ET
Ark Restaurants Announces Declaration of Dividend

SEC forms

Show financial reports only

SEC form 10
2024-02-13 00:00 ET
Ark Restaurants published news for 2023 q4
SEC form 8
2024-02-12 00:00 ET
Ark Restaurants published news for 2023 q4
SEC form 8
2024-02-12 00:00 ET
Ark Restaurants published news for 2023 q4
SEC form 10
2023-12-21 00:00 ET
Ark Restaurants reported for 2023 q3
SEC form 8
2023-12-18 16:23 ET
Ark Restaurants published news for 2023 q3
SEC form 8
2023-12-18 16:23 ET
Ark Restaurants published news for 2023 q3
SEC form 10
2023-08-15 16:08 ET
Ark Restaurants reported for 2023 q2
SEC form 6
2023-08-15 16:05 ET
Ark Restaurants published news for 2023 q2
SEC form 10
2023-08-15 00:00 ET
Ark Restaurants reported for 2023 q2
SEC form 8
2023-08-15 00:00 ET
Ark Restaurants published news for 2023 q2
SEC form 6
2023-08-08 16:21 ET
Ark Restaurants published news for 2023 q2
SEC form 10
2023-05-16 16:07 ET
Ark Restaurants reported for 2023 q1
SEC form 6
2023-05-16 16:06 ET
Ark Restaurants published news for 2023 q1
SEC form 10
2023-05-16 00:00 ET
Ark Restaurants reported for 2023 q1
SEC form 8
2023-05-16 00:00 ET
Ark Restaurants published news for 2023 q1
SEC form 6
2023-05-09 16:31 ET
Ark Restaurants published news for 2023 q1
SEC form 6
2023-04-05 16:08 ET
Ark Restaurants published news for 2023 q1
SEC form 6
2023-03-15 16:06 ET
Ark Restaurants published news for 2022 q4
SEC form 10
2023-02-14 00:00 ET
Ark Restaurants reported for 2022 q4
SEC form 8
2023-02-14 00:00 ET
Ark Restaurants published news for 2022 q4
SEC form 8
2022-12-20 00:00 ET
Ark Restaurants published news for 2022 q3
SEC form 10
2022-12-20 00:00 ET
Ark Restaurants reported for 2022 q3
SEC form 8
2022-08-16 00:00 ET
Ark Restaurants published news for 2022 q2
SEC form 10
2022-08-16 00:00 ET
Ark Restaurants reported for 2022 q2
SEC form 8
2022-05-17 00:00 ET
Ark Restaurants published news for 2022 q1
SEC form 10
2022-05-17 00:00 ET
Ark Restaurants reported for 2022 q1
SEC form 10
2022-02-15 00:00 ET
Ark Restaurants published news for 2021 q4
SEC form 10
2021-12-21 00:00 ET
Ark Restaurants published news for 2021 q3
SEC form 10
2021-08-17 00:00 ET
Ark Restaurants published news for 2021 q2
SEC form 10
2021-05-18 00:00 ET
Ark Restaurants published news for 2021 q1