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SHAK - Shake Shack Inc.

NYSE -> Consumer Cyclical -> Restaurants
New York, United States
Type: Equity

SHAK price evolution
SHAK
(in millions $) 27 Jan 2024 30 Sep 2023 30 Jun 2023 1 May 2023
Current assets
Cash $224.65 $190.02 $203.7 $293.43
Short term investments $68.56 $94.96 $91.54
Net receivables $16.85 $13.89 $14.33 $14.18
Inventory $5.4 $4.61 $4.67 $4.39
Total current assets $334.43 $323.24 $329.52 $330.07
Long term investments
Property, plant & equipment $929.59 $923.43 $885.47 $859.09
Goodwill & intangible assets
Total noncurrent assets $1271.42 $1241.62 $1203.3 $1176.84
Total investments $68.56 $94.96 $91.54
Total assets $1605.79 $1564.86 $1532.82 $1506.91
Current liabilities
Accounts payable $22.27 $21.25 $17 $16
Deferred revenue
Short long term debt $49 $47.61 $46.49 $44.58
Total current liabilities $164.06 $152.18 $150.19 $143.05
Long term debt $245.64 $708.75 $693.69 $686.4
Total noncurrent liabilities $972.42 $970.68 $951.27 $943.96
Total debt $759.17 $756.36 $740.18 $730.98
Total liabilities $1162.73 $1122.86 $1101.46 $1087.01
Shareholders' equity
Retained earnings $16.41 -$7.5 -$15.12 -$22.07
Other shareholder equity -$0 -$0 -$0 -$0
Total shareholder equity $443.42 $416.35 $406.27 $395.42
(in millions $) 27 Jan 2024 28 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $224.65 $230.52 $302.41 $146.87
Short term investments $68.56 $80.71 $80 $36.89
Net receivables $16.85 $13.88 $13.66 $9.46
Inventory $5.4 $4.18 $3.85 $2.89
Total current assets $334.43 $343.99 $409.68 $203.19
Long term investments
Property, plant & equipment $929.59 $834.52 $736.66 $642.86
Goodwill & intangible assets
Total noncurrent assets $1271.42 $1150.87 $1047.89 $942.16
Total investments $68.56 $80.71 $80 $36.89
Total assets $1605.79 $1494.86 $1457.57 $1145.35
Current liabilities
Accounts payable $22.27 $20.41 $19.95 $23.49
Deferred revenue
Short long term debt $49 $42.24 $35.52 $35.66
Total current liabilities $164.06 $147.72 $121.5 $109.7
Long term debt $245.64 $244.59 $643.65 $343.74
Total noncurrent liabilities $972.42 $927.4 $900.47 $601.15
Total debt $759.17 $714.05 $679.17 $379.39
Total liabilities $1162.73 $1099.75 $1021.97 $710.86
Shareholders' equity
Retained earnings $16.41 -$20.54 $3.55 $12.21
Other shareholder equity -$0 $0 $0
Total shareholder equity $443.42 $395.12 $409.54 $407.32
(in millions $) 27 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $286.24 $276.21 $271.81 $253.28
Cost of revenue $97.48 $95.6 $90.36
Gross Profit $127.36 $178.73 $176.2 $162.92
Operating activities
Research & development
Selling, general & administrative $107.17 $106.63 $105.58
Total operating expenses $127.74 $173.07 $171.46 $166.11
Operating income $5.66 $4.75 -$3.19
Income from continuing operations
EBIT $8.59 $7.7 -$0.26
Income tax expense -$5.3 $0.53 $0.35 $0.87
Interest expense -$0.48 $0.43 $0.41 $0.4
Net income
Net income $6.77 $7.63 $6.95 -$1.53
Income (for common shares) $7.63 $6.95 -$1.53
(in millions $) 27 Jan 2024 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $1087.53 $900.49 $739.89 $522.87
Cost of revenue $330.09 $277.49 $204.93
Gross Profit $478.24 $570.39 $462.4 $317.94
Operating activities
Research & development
Selling, general & administrative $376.15 $301.11 $221.06
Total operating expenses $469.31 $597.29 $478.26 $361.82
Operating income -$26.89 -$15.85 -$43.88
Income from continuing operations
EBIT -$20.89 -$14.3 -$41.29
Income tax expense -$3.55 $1.68 -$7.22 $0.06
Interest expense -$1.72 $1.52 $1.58 $0.81
Net income
Net income $19.81 -$24.09 -$8.65 -$42.16
Income (for common shares) -$24.09 -$8.65 -$42.16
(in millions $) 27 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $7.63 $6.95 -$1.53
Operating activities
Depreciation $40.75 $39.22 $37.84
Business acquisitions & disposals
Stock-based compensation $3.49 $3.93 $3.8
Total cash flows from operations $28.4 $42.37 $19.82
Investing activities
Capital expenditures -$38.28 -$40.43 -$34.33
Investments -$2.57 -$91.45 $80.79
Total cash flows from investing -$132.32 -$40.85 -$131.88 $46.46
Financing activities
Dividends paid
Sale and purchase of stock $0 $0.52 $0.11
Net borrowings -$0.88 -$0.7 -$0.81
Total cash flows from financing -$5.68 -$1.23 -$0.23 -$3.37
Effect of exchange rate -$0 $0 -$0
Change in cash and equivalents -$5.87 -$13.68 -$89.73 $62.91
(in millions $) 27 Jan 2024 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income -$24.09 -$8.65 -$42.16
Operating activities
Depreciation $133.1 $111.12 $95.16
Business acquisitions & disposals
Stock-based compensation $13.33 $8.7 $5.56
Total cash flows from operations $76.74 $58.4 $37.35
Investing activities
Capital expenditures -$142.56 -$101.5 -$69.04
Investments -$0.86 -$43.4 -$0.36
Total cash flows from investing -$132.32 -$143.42 -$144.89 -$69.4
Financing activities
Dividends paid
Sale and purchase of stock $0.42 $6.73 $153.03
Net borrowings -$2.97 $239.98 -$2.21
Total cash flows from financing -$5.68 -$5.2 $242.02 $141.82
Effect of exchange rate -$0
Change in cash and equivalents -$5.87 -$71.89 $155.53 $109.77
Fundamentals
Market cap $4.40B
Enterprise value $4.94B
Shares outstanding 42.31M
Revenue $1.09B
EBITDA N/A
EBIT N/A
Net Income $19.81M
Revenue Q/Q 20.00%
Revenue Y/Y 20.77%
P/E ratio 222.21
EV/Sales 4.54
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 4.05
P/B ratio 9.93
Book/Share 10.48
Cash/Share 5.31
EPS $0.47
ROA 1.28%
ROE 4.77%
Debt/Equity 2.62
Net debt/EBITDA N/A
Current ratio 2.04
Quick ratio 2.01