Below is a chart outlining the current Cash Flow multiples for the casual dining stocks! As we sit here today, two names stand out as being mispriced - MSSR and PFCB.
In very short order, RT is now being valued at a premium to the FSR stocks. If that were to happen to PFCB, there would be nearly $8 of upside or 31%! If MSSR were to be repriced over night, there would be $3 of upside or 74%.
The shorts need to be very careful!