re: Todd Graves worth $7.6 Billion - According to Bloomberg

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Don't just list names.

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Then how can I show my work?

Anyone with half a brain reading this thread knows who the wealthiest people in Louisiana are and Todd Graves would barely break the top 10.

Todd Graves is not worth $7.6b, if you believe that then you’re a fricking idiot

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deep-fried grease

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I feel like this is a circular phrase...

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3.3 bil is sales doesnt = 7.6 billion in worth.

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7.6B is like 12X earnings. That's not a crazy valuation.

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He’s also not the sole owner.

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Yes, he owns only 90%.

It sounds like there have been almost $500M of distributions just in the past 3-4 years. He got 90% of that income (no telling what tax games he played).

He is very clearly a billionaire.

Im pretty sure Todd went to LSU for MBA school and that is where the project comes in. Also, like most of the people from the private school crowd in BR that go off to other SEC schools, he probably actually graduated from LSU not UGA, but I could be wrong about all of that.

A simple measure of Wall Street, one that is actually listed along with the vitals on the ticker, is price to earnings ratio. Its listed because it it one of the primary measures of the worth of the company. In the last 10 years, for all companies on S&P that average has been 20 times ebitda (earnings before taxes, amortization, and depreciation).

When a company goes public the striking price at the offering is usually set so buyers taking the early risk get a bump of around 50%. So lets do the math shall we.....

20 times earnings of 647 =12,940 divided by 1.5 (expected premium you will give away)=8,620 times the 90% he owns 7,760 billion (probably a little less since they said "approximately" 90%) And voila you have their evaluation.

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They still have a lot of room for growth

They could probably easily add 100 more profitable locations in California alone

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Interestingly I heard the CEO of Carl Jr/Hardees speaking and he said were it not for the legacy of Carls starting in Cali.....they would never build another one there when looking at the return on invested capitol.

He said the building codes, operating regs are so onerous to businesses now that its not worth it. As an example, they started specs on one in southern cali and the Red Square, the friggin epicenter of communism with all its bureaucracy.....the one in Red Square is open for business and still working on the one in cali.

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The free market would value that much less IMO.

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Todd still OT poor.

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Then how can I show my work? Anyone with half a brain reading this thread knows who the wealthiest people in Louisiana are and Todd Graves would barely break the top 10. Todd Graves is not worth $7.6b, if you believe that then you’re a fricking idiot

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Mr Sazerac

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There are not any in this part of Florida at all.

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There’s already 12 locations in florida. But yeah. There will probably be 100 locations in florida when it’s done and said.

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No they don’t

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They do in fact own a large portion of their properties.