CKE Restaurants Inc  (CKR) Trade Now »     Rate CKR  -  Discuss CKR  -  Add to Watch List        

CKE Restaurants (CKR) owns, operates, franchises, and licenses quick-service restaurants in the United States, primarily under the Carl's Jr. and Hardee's names.

Market cap: $600 million; Enterprise Value: $1 billion

The destruction of CKE Restaurants' (CKR) share price has made it an interesting acquisition target.<!--more--> Triarc's (TRY) (owner of Arby's) recent acquisition of Wendy's (WEN) 6,600 locations at $2.3 billion, equates to a purchase price of about $348,000 per store, while CKR's current market cap values each of its 3,083 locations at a deep 50% discount to that figure, or about $181,000 per location.

CKE Restaurants (CKR) is one of the largest quick service restaurants in the country with 1,141 Carl's Jr. locations in the West and 1,926 Hardee's units in the Midwest.<!--more--> It offers premium burgers such as the the Angus Thickburger or the Six Dollar Burger aimed at satisfying the cravings of young, hungry males.

Its TV commercials have earned a reputation for cutting edge humor and irreverence such as Paris Hilton's stint at eating a burger while washing a car or the tagline "don't bother me, I'm eating".