Fast Food Industry
Prices paid by private buyers of restaurant companies in the private market have been higher than the mean valuations of many publicly traded companies, excluding only the extremely large chains such as McDonald's. Approximately 60 percent of the larger publicly traded fast food chains are selling as valuations below the mean EBITDA (earnings before interest, taxes, depreciation, and amortization) multiple of recent private acquisitions in the fast food segment of the foodservice industry.

Although the largest fast food chains continue command a higher multiple to EBITDA, the maturity phase of an industry can be indicated by the deterioration in multiples of the weaker players. It is unusual in the United States to have so many public companies selling at multiples below the mean acquisition multiples of privately owned restaurant companies.

The dichotomy in opinion between the investment community and the executives of the publicly traded fast food companies is further exemplified by instituted share repurchase programs over the past year. Clearly, the executives of the publicly traded fast food chains believe that private investors are basing their decisions on erroneous valuations.

Trend sales growth in the restaurant and fast food segments of the foodservice industry has slowed in recent years from the rapid pace of the period extending fr

 
 
5570
22
 
   
 
 
   
    Some topics in this essay  
 
    Analytical Approach | Drawn Findings | McDonald's Approximately | Department Labor | United Theoretically | Growth-Share Matrix | Middle Eastern | Asia Africa | Foodservice Industry | Industry United | fast food | foodservice industry | fast food segment | food segment | segment foodservice industry | segment foodservice | life cycle | food segment foodservice | market share | maturity stage | food home | matrix model | growth stage | foodservice industry united | fast food chains |  
   
 
 
 
   
    Get Better Grades!  
 
   
 
   
 
   
    Saved Papers  
 
    Save your essays here so you can locate them quickly!  
   
 
   
    Testimonials  
 
   
"I enjoy reading other writers papers to get their perspective on things. It makes writing my own paper so much easier."
Cindy A.
 
"I've used this site for 2 semesters and I'll be back next year for sure!"
Liz R.
 
"This site rocks! I got an A thanks to you helping with my writers block."
Sara B.
 
"I was in a real bind and your site helped me to come up with ideas for my paper."
Brian T.
 
"It's nice to be able to find information so quickly and easily."
Jillian T.
 
 
   
 
 
Copyright © 1999 - 2014 CollegeTermPapers.com. All Rights Reserved. DMCA