Transaction log

  • May 16, 2022 - Bought 15 @ $45.28 (0.43% wtg, opportunistic)

  • Oct 22, 2024 - Upgraded to coffee can

Shake Shack

Location: New York, New York

 

Fair value estimate history

  • Mar-25 - $77 (4.0% MFCF yield)

  • Jun-25 - $84

  • Sep-25 - $89

  • Dec-25 - $94

Profile

Industry: Restaurants

Sector: Consumer discretionary

Theme: Emerging markets consumer

5-Year shareholder growth: +30.5%/year

Estimated fair value: $94

Valuation assumption: 4.0% MFCF yield

Operating income/gross profit: 23.3%

Insider ownership: 8.2%

History
Upgrading Airbnb and Shake Shack to the Coffee Can bucket
Upgrading Airbnb and Shake Shack to the Coffee Can bucket

Airbnb and Shake Shack have long runways for growth. Time for an upgrade.

Buying 8 new stocks with a growth emphasis
Buying 8 new stocks with a growth emphasis

Negatives: recession on the way, big tech stocks still not cheap. Positives: bearish sentiment, lots of selling pressure below the surface. How these countervailing forces resolve themselves is an open question, but many high quality growth stocks are reasonably priced. [trades]