(SHAK) Shake Shack - Overview

Sector: Consumer Cyclical | Industry: Restaurants | Exchange: NYSE (USA) | Market Cap: 2.743m USD | Total Return: -50.4% in 12m

Burgers, Chicken, Fries, Shakes, Frozen Custard
Total Rating 23
Safety 35
Buy Signal -0.83
Restaurants
Industry Rotation: +3.3
Market Cap: 2.74B
Avg Turnover: 148M
Risk 3d forecast
Volatility97.0%
VaR 5th Pctl14.8%
VaR vs Median-7.99%
Reward TTM
Sharpe Ratio-0.94
Rel. Str. IBD2.3
Rel. Str. Peer Group6.8
Character TTM
Beta1.163
Beta Downside1.104
Hurst Exponent0.538
Drawdowns 3y
Max DD57.97%
CAGR/Max DD-0.03
CAGR/Mean DD-0.09
EPS (Earnings per Share) EPS (Earnings per Share) of SHAK over the last years for every Quarter: "2021-03": 0.04, "2021-06": 0.05, "2021-09": -0.05, "2021-12": -0.11, "2022-03": -0.19, "2022-06": -0.0303, "2022-09": -0.06, "2022-12": -0.06, "2023-03": -0.01, "2023-06": 0.18, "2023-09": 0.17, "2023-12": 0.02, "2024-03": 0.13, "2024-06": 0.27, "2024-09": 0.25, "2024-12": 0.26, "2025-03": 0.14, "2025-06": 0.44, "2025-09": 0.36, "2025-12": 0.35, "2026-03": -0.0072,
EPS CAGR: 138.45%
EPS Trend: 85.4%
Last SUE: -4.00
Qual. Beats: -1
Revenue Revenue of SHAK over the last years for every Quarter: 2021-03: 155.282, 2021-06: 187.46, 2021-09: 193.895, 2021-12: 203.256, 2022-03: 203.391, 2022-06: 230.752, 2022-09: 227.814, 2022-12: 238.529, 2023-03: 253.278, 2023-06: 271.805, 2023-09: 276.207, 2023-12: 286.243, 2024-03: 290.504, 2024-06: 316.496, 2024-09: 316.924, 2024-12: 328.684, 2025-03: 320.898, 2025-06: 356.466, 2025-09: 367.411, 2025-12: 400.531, 2026-03: 366.737,
Rev. CAGR: 15.35%
Rev. Trend: 99.8%
Last SUE: -1.74
Qual. Beats: -1

Warnings

Beneish M-Score 1.00 > -1.5 - likely earnings manipulation

Altman Z'' 1.00 < 1.0 - financial distress zone

Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: SHAK Shake Shack

Shake Shack Inc. (SHAK) operates as a fast-casual restaurant chain, managing a portfolio of owned and licensed locations across domestic and international markets. Founded in 2001 and headquartered in New York, the company specializes in a menu of burgers, chicken, hot dogs, and frozen custard, supplemented by alcoholic beverage offerings.

The business model relies on a fine casual approach, which combines the ingredient quality of fine dining with the speed and convenience of traditional fast food. Operating within the GICS Restaurants sub-industry, the company utilizes a mix of high-volume urban flagship stores and licensed partnerships to scale its global footprint. Investors can evaluate the companys valuation metrics and growth trajectory on ValueRay.

Headlines to Watch Out For
  • Digital transformation and kiosk expansion drive labor efficiency and margin growth
  • Aggressive domestic licensed and company-owned store openings fuel revenue scaling
  • Volatile beef and dairy commodity costs impact restaurant-level operating profit
  • Shifting consumer discretionary spending patterns influence same-store sales growth trajectory
  • International licensing expansion increases high-margin royalty streams and global brand footprint
Piotroski VR-10 (Strict) 7.0
Net Income: 41.2m TTM > 0 and > 6% of Revenue
FCF/TA: 0.02 > 0.02 and ΔFCF/TA -0.36 > 1.0
NWC/Revenue: 10.81% < 20% (prev 13.56%; Δ -2.75% < -1%)
CFO/TA 0.12 > 3% & CFO 221.2m > Net Income 41.2m
Net Debt (1.30b) to EBITDA (181.4m): 7.15 < 3
Current Ratio: 1.69 > 1.5 & < 3
Outstanding Shares: last quarter (40.3m) vs 12m ago -3.76% < -2%
Gross Margin: 19.15% > 18% (prev 0.46%; Δ 1.87k% > 0.5%)
Asset Turnover: 81.82% > 50% (prev 74.27%; Δ 7.55% > 0%)
Interest Coverage Ratio: 13.45 > 6 (EBITDA TTM 181.4m / Interest Expense TTM 5.37m)
Altman Z'' 1.00
A: 0.08 (Total Current Assets 393.9m - Total Current Liabilities 232.6m) / Total Assets 1.92b
B: 0.04 (Retained Earnings 72.4m / Total Assets 1.92b)
C: 0.04 (EBIT TTM 72.3m / Avg Total Assets 1.82b)
D: 0.05 (Book Value of Equity 72.5m / Total Liabilities 1.36b)
Altman-Z'' = 1.00 = BB
Beneish M 1.00
DSRI: 7.02 (Receivables 273.8m/33.5m, Revenue 1.49b/1.28b)
GMI: 2.41 (GM 19.15% / 46.25%)
AQI: 0.84 (AQ_t 0.17 / AQ_t-1 0.21)
SGI: 1.16 (Revenue 1.49b / 1.28b)
TATA: -0.09 (NI 41.2m - CFO 221.2m) / TA 1.92b)
Beneish M = 3.14 (Cap -4..+1) = D
What is the price of SHAK shares?

As of May 25, 2026, the stock is trading at USD 62.83 with a total of 1,982,112 shares traded.
Over the past week, the price has changed by +3.82%, over one month by -39.12%, over three months by -29.84% and over the past year by -50.36%.

Is SHAK a buy, sell or hold?

Shake Shack has received a consensus analysts rating of 3.71. Therefore, it is recommended to hold SHAK.

  • StrongBuy: 8
  • Buy: 2
  • Hold: 13
  • Sell: 1
  • StrongSell: 0

What are the forecasts/targets for the SHAK price?
Analysts Target Price 96 52.7%
Shake Shack (SHAK) - Fundamental Data Overview as of 21 May 2026
P/E Trailing = 65.4286
P/E Forward = 51.8135
P/S = 1.8396
P/B = 4.9196
P/EG = 2.55
Revenue TTM = 1.49b USD
EBIT TTM = 72.3m USD
EBITDA TTM = 181.4m USD
Long Term Debt = 248.0m USD (from longTermDebt, last quarter)
Short Term Debt = 65.2m USD (from shortTermDebt, last quarter)
Debt = 1.61b USD (from shortLongTermDebtTotal, last quarter) + Leases 689.4m
Net Debt = 1.30b USD (calculated: Debt 1.61b - CCE 313.6m)
Enterprise Value = 4.04b USD (2.74b + Debt 1.61b - CCE 313.6m)
Interest Coverage Ratio = 13.45 (Ebit TTM 72.3m / Interest Expense TTM 5.37m)
EV/FCF = 107.8x (Enterprise Value 4.04b / FCF TTM 37.5m)
FCF Yield = 0.93% (FCF TTM 37.5m / Enterprise Value 4.04b)
FCF Margin = 2.51% (FCF TTM 37.5m / Revenue TTM 1.49b)
Net Margin = 2.76% (Net Income TTM 41.2m / Revenue TTM 1.49b)
Gross Margin = 19.15% ((Revenue TTM 1.49b - Cost of Revenue TTM 1.21b) / Revenue TTM)
Gross Margin QoQ = 47.44% (prev -58.95%)
Tobins Q-Ratio = 2.11 (Enterprise Value 4.04b / Total Assets 1.92b)
Interest Expense / Debt = 0.33% (Interest Expense 5.37m / Debt 1.61b)
Taxrate = 31.54% (22.9m / 72.6m)
NOPAT = 49.5m (EBIT 72.3m * (1 - 31.54%))
Current Ratio = 1.69 (Total Current Assets 393.9m / Total Current Liabilities 232.6m)
Debt / Equity = 3.06 (Debt 1.61b / totalStockholderEquity, last quarter 525.9m)
Debt / EBITDA = 7.15 (Net Debt 1.30b / EBITDA 181.4m)
Debt / FCF = 34.63 (Net Debt 1.30b / FCF TTM 37.5m)
Total Stockholder Equity = 513.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.26% (Net Income 41.2m / Total Assets 1.92b)
RoE = 8.02% (Net Income TTM 41.2m / Total Stockholder Equity 513.6m)
RoCE = 9.49% (EBIT 72.3m / Capital Employed (Equity 513.6m + L.T.Debt 248.0m))
RoIC = 3.45% (NOPAT 49.5m / Invested Capital 1.44b)
WACC = 6.43% (E(2.74b)/V(4.35b) * Re(10.07%) + D(1.61b)/V(4.35b) * Rd(0.33%) * (1-Tc(0.32)))
Discount Rate = 10.07% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -8.99 | Cagr: -3.79%
[DCF] Terminal Value 74.57% ; FCFF base≈38.4m ; Y1≈36.6m ; Y5≈34.9m
 [DCF] Fair Price = N/A (negative equity: EV 549.4m - Net Debt 1.30b = -748.2m; debt exceeds intrinsic value)
 EPS Correlation: 85.42 | EPS CAGR: 138.5% | SUE: -4.0 | # QB: -1
Revenue Correlation: 99.81 | Revenue CAGR: 15.35% | SUE: -1.74 | # QB: -1
EPS current Quarter (2026-06-30): EPS=0.40 | Chg30d=-10.25% | Revisions=-71% | Analysts=24
EPS next Quarter (2026-09-30): EPS=0.41 | Chg30d=+1.74% | Revisions=+44% | Analysts=23
EPS current Year (2026-12-31): EPS=1.24 | Chg30d=-9.20% | Revisions=-79% | GrowthEPS=-5.8% | GrowthRev=+14.9%
EPS next Year (2027-12-31): EPS=1.63 | Chg30d=-6.32% | Revisions=-46% | GrowthEPS=+30.8% | GrowthRev=+15.0%
[Analyst] Revisions Ratio: -79%