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TAST vs. TXRH: Which Stock Is the Better Value Option?

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Investors with an interest in Retail - Restaurants stocks have likely encountered both Carrols Restaurant Group and Texas Roadhouse (TXRH - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.

Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.

Carrols Restaurant Group and Texas Roadhouse are sporting Zacks Ranks of #2 (Buy) and #4 (Sell), respectively, right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that TAST has an improving earnings outlook. But this is just one piece of the puzzle for value investors.

Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.

The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.

TAST currently has a forward P/E ratio of 23.23, while TXRH has a forward P/E of 25. We also note that TAST has a PEG ratio of 1.16. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. TXRH currently has a PEG ratio of 2.11.

Another notable valuation metric for TAST is its P/B ratio of 2. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, TXRH has a P/B of 4.80.

These metrics, and several others, help TAST earn a Value grade of A, while TXRH has been given a Value grade of D.

TAST stands above TXRH thanks to its solid earnings outlook, and based on these valuation figures, we also feel that TAST is the superior value option right now.


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