Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

MasterBeef Group

MBNASDAQ
Wall Street Score · overall investment24/100
$3.80USD$-0.32 (-7.77%)
Company website www.masterbeefgroup.com
HeadquartersEver Gain Plaza, Hong Kong, HK
Financial statement currencyHKD · converted to USD at 0.127428
Consumer Cyclical · Restaurants
Price updated todayFinancials updated Oct 5, 2026

MB · Price history

Price at last available close

$3.80

−$0.19 (-4.76%) 1M

2026-10-29

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Company & revenue

About MasterBeef Group

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

MasterBeef Group is a comprehensive dining conglomerate based in Hong Kong, specializing in authentic Taiwanese hotpot and barbecue cuisine. As of April 2025, the company manages a portfolio of 12 restaurant establishments, operating under its "Master Beef" and "Anping Grill" brand names. Notably, a 2023 report by Frost & Sullivan highlighted the Master Beef brand's leading position, ranking it first by revenue among both specialty hotpot and Taiwanese hotpot restaurant chain brands in Hong Kong.

How they make money

MasterBeef Group operates a chain of restaurants in Hong Kong, generating revenue primarily through the sale of food and beverages to customers. The business model relies on high-volume dining traffic, efficient supply chain management for fresh ingredients, and the strategic placement of restaurant outlets in high-traffic commercial areas.

Products & services

The company operates Taiwanese-style hotpot and barbecue restaurants, offering a variety of meat, seafood, and vegetable dishes for table-side cooking.

Brands & revenue mix

Master Beef

Core restaurant brand focusing on Taiwanese hotpot.

Separate brand revenue is not available in this research.Source

Anping Grill

Restaurant brand focusing on barbecue dining.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

Customer concentration

No quantified customer-concentration disclosure is available in the current saved research.

Suppliers, materials & equipment

  • Food and beverage ingredient wholesalers — Various local and regional suppliers of fresh meat, vegetables, and beverage products.Source

Strengths

  • Established brand presence in the Hong Kong dining marketSource

Risks

  • Dependence on the Hong Kong restaurant market and consumer spending trendsSource
  • Risks associated with lease renewals and availability of suitable restaurant locationsSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

24

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

36

Poor

Financial Strength

37

Business Quality / Moat

72

Management

0

Growth Quality

27

Risk / Durability

29

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Model Outlook

12-month model · What does the model think happens next?

Outperformance analysis is not currently available.

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

A current Opportunity Score is not available.

The 12-month model outlook is not currently available.

What we like

No strong positive signal is being highlighted from the currently available summary data.

What to watch
  • •Debt service risk
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak
  • •Asset quality is a weaker factor

Company-specific research

Questions worth answering for MB

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can MB maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •How long can MB fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • •Does MB's balance between cash and debt leave enough flexibility if business conditions weaken?
  • •What specifically needs to improve for MB to reach sustainable profitability?
  • •What future growth or profitability would be needed to justify MB's current valuation?
Debt service risk
Business analysis: 17 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

24

0–100 · Poor

Market Cap

$65.2M

P/E Ratio

-27.3

EPS

$-0.15

52-Week High

$19.75

52-Week Low

$3.51

Beta

4.55

Shares Outstanding

17.2M

Total Revenue

$122.8M

Total Debt

$26.9M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$0.35

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
32/ 100
-12 pts / 5d

Weakening momentum

5D -8.0% · 20D -5.9% · RSI 53 · Price vs 20D avg -3.6%
Volatility
68/ 100
+6 pts / 5d

Elevated movement

20D realized vol 83.5% · 60D 203.7% · Acceleration 0.41x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for MB

Detected from reported data — verify before acting.

Debt service risk

Interest coverage is low (~-3.3x). Earnings may be strained to cover interest expense.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on MB.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Established brand presence in the Hong Kong dining market.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Restaurants industry.
  • −Dependence on the Hong Kong restaurant market and consumer spending trends.
  • −Risks associated with lease renewals and availability of suitable restaurant locations.
  • −Negative free cash flow may increase the need for outside financing and dilution.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Very Weak24/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

24

Tap for breakdown →

Fair

51

Debt Cost4.6%
Debt Reduction YoY-12.1%
Debt / Equity4.45x

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Poor

38

Revenue YoY109.8%
Revenue CAGR-4.1%
Net Margin-2.1%

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Poor

21

Asset Growth YoY-1.4%
Liquidation/Share$0.35
Net Assets/MCap0.17x

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Poor

0

Earnings Yield-3.7%
Buyback Yield0.0%
Debt Cost4.6%

Tap for breakdown →

Poor

0

ROIC-29.1%
ROE-41.8%
ROA-6.5%

Tap for breakdown →

Strong

72

EPS Growth—
FCF/Share Growth—
Rev/Share Growth65.4%

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Poor

0

Intrinsic Value—
Value Reference—
MOS—

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Poor

34

Revenue38
Moat72
Valuation0

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Poor

0

MOS %—
Value Reference—
Deep Discount Reference—

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Poor

25

Interest Coverage-3.3x
ROIC-29.1%
FCF Yield-2.6%

Tap for breakdown →

Poor

35

Financial25
Valuation0
Debt51

Tap for breakdown →

Poor

30

Survival Years10.5 yrs
Current Ratio1.55x
FCF Margin-3.0%

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Score Changes

3 historical score records available

Previous Score

24

Oct 1, 2026

Change

Unchanged

Current Score

24

Oct 5, 2026

Category Changes

Revenue-0.1
Debt+0
Assets0
Capital0
Management0
Moat0
Valuation0
Buffett0

MB score was unchanged.

Projected Score

Projected Score

27

Projected Change

+3.0 points

Preliminary comparable-period financial changes suggest improvement of approximately 3.0 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Valuation unavailable

Current Price

$3.80

Model Intrinsic Value

—

Difference

—

Margin of Safety

—

Value Reference: —
Deep Discount Reference: —

Intrinsic value is not currently available for this stock, so valuation can't be calculated.

Financial Charts

Revenue

2015201620172022202320242025$0$50M$100M$150M$200M

Additional Metrics

Operating Cash Flow

2015201620172022202320242025-$19M-$10M$0$10M$19M

Total Debt

20152016201720212022202320242025$0$9M$17M$26M$34M

Total Assets

20152016201720212022202320242025$0$75M$150M$225M$300M

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022201720162015
Revenue$122.8M$58.5M$64.2M$63.7M················
Cost of Revenue$113.0M$40.4M$42.4M$20.6M················
Gross Profit$9.8M$18.1M$21.9M$43.0M················
Research & Development$0.00$892K$756K$0.00················
SG&A Expenses$13.1M$8.2M$7.0M$20.6M················
Operating Expenses$13.1M$22.2M$22.6M$32.1M················
EBITDA$15.2M$3.9M$15.9M$13.3M················
Operating Income-$3.3M-$4.1M-$739K$10.9M················
Interest Expense$2.5M$1.2M$1.3M$1.2M················
Income Before Tax-$1.3M-$5.8M$4.5M$1.4M················
Income Tax Expense$1.2M$889K$346K$976K················
Net Income-$2.5M-$6.7M$4.2M$382K················
Basic EPS$-0.15$-0.39$0.09$0.01················
Basic Shares17.16M17.16M47.49M47.49M················
Diluted Shares17.16M17.16M47.49M47.49M················
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:A future estimated earnings date is not currently available.
Dec 31, 2025Q4FY2025

Revenue

$29.1M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$0.15

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+12.1%

Cash Change

+25.9%

Margin Change

-6.2 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Cash position grew

What Weakened

  • Margins contracted
  • Debt increased

Potential Score Impact

Positive indicators included EPS growth, cash levels. Pressure indicators included revenue growth, debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue declined 12.0%. EPS increased 172.1%. Cash increased 25.9%. Total debt increased 12.1%. Net income margin declined by 6.2 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Earnings data: 302 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

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Historical Trends

3 historical records
Jul 24, 26Oct 1, 26Oct 5, 260255075100

Historical Score Chart

3 of 3 records shown

Wall Street Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Debt Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Revenue Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Asset Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Capital Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Management Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Moat Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Valuation Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Buffett Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Intrinsic Value

No data

Value Reference

No data

Margin of Safety %

No data

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News

No news available for MB.

Rumor Mill · MB

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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