As used herein, unless we otherwise specify, the terms“ we,”“ us,”“ our,”“ Nathan’ s,”“ Nathan’ s Famous” and the“ Company”mean Nathan’ s Famous, Inc. and its subsidiaries. References to a year are to our fiscal year, unless the context requires otherwise. Our 2025 year commenced on April 1, 2024 and ended on March 30, 2025; and our 2024 year commenced on March 27, 2023 and ended on March 31, 2024. We are a leading branded licensor, wholesaler and retailer of products marketed under our Nathan’s Famous brand, including our popular Nathan’s World Famous Beef Hot Dogs. What began as a nickel hot dog stand on Coney Island in 1916 has evolved into a highly recognized brand throughout the United States and the world. Our innovative business model seeks to maximize the points of distribution for and the consumption of Nathan’s World Famous Beef Hot Dogs, crinkle-cut French fries and our other products across a wide-range of grocery retail and foodservice formats.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 158M | 148M | 139M | 131M | 115M | 76M |
| Net Income | 21M | 24M | 20M | 20M | 14M | 11M |
| EPS | $5.20 | $5.87 | $4.80 | $4.80 | $3.30 | $2.69 |
| Free Cash Flow | 22M | 25M | 20M | 19M | 16M | 11M |
| ROIC | 44.8% | 52.3% | 47.5% | 43.0% | 27.9% | 16.9% |
| Gross Margin | 34.8% | 39.5% | 40.0% | 42.5% | 43.3% | 57.1% |
| Debt/Equity | 0.00 | -3.20 | -1.81 | -1.77 | -1.97 | -2.35 |
| Dividends/Share | $0.00 | $2.00 | $2.00 | $1.85 | $1.50 | $1.40 |
| Operating Income | 32M | 36M | 33M | 34M | 30M | 26M |
| Operating Margin | 20.1% | 24.6% | 23.5% | 26.3% | 26.0% | 33.6% |
| ROE | 0.0% | - | - | - | - | - |
| Shares Outstanding | 4M | 4M | 4M | 4M | 4M | 4M |
NATHANS FAMOUS, INC. passes 4 of 9 quality checks, suggesting mixed fundamentals.
NATHANS FAMOUS, INC. trades at 19.5x trailing earnings, compared to its 15-year median P/E of 14.6x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 18.8x vs a median of 14.6x. The company's 5-year average ROIC is 37.5% with a gross margin of 44.5%. Total shareholder yield (dividends) is 2.0%. At current prices, the estimated annualized return to fair value is +14.8%.
NATHANS FAMOUS, INC. (NATH) has a current P/E ratio of 19.5, compared to its historical median P/E of 14.6. The stock is currently considered Expensive based on its historical valuation range.
NATHANS FAMOUS, INC. (NATH) has a 5-year average return on invested capital (ROIC) of 37.5%. This indicates strong capital allocation and a potential competitive advantage.
NATHANS FAMOUS, INC. (NATH) has a market capitalization of $415M. It is classified as a small-cap stock.
Yes, NATHANS FAMOUS, INC. (NATH) pays a dividend with a trailing twelve-month yield of 1.97%.
Based on historical P/E analysis, NATHANS FAMOUS, INC. (NATH) appears expensive. The current P/E of 19.5 is 33% above its historical median of 14.6. The estimated fair value CAGR (P/E method) is 6.8%.
NATHANS FAMOUS, INC. (NATH) operates in the Retail-Eating Places industry, within the Consumer Cyclical sector.
NATHANS FAMOUS, INC. (NATH) reported annual revenue of $148 million in its most recent fiscal year, based on SEC EDGAR filings.
NATHANS FAMOUS, INC. (NATH) has a net profit margin of 16.2%. This is a healthy margin.
NATHANS FAMOUS, INC. (NATH) generated $25 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
NATHANS FAMOUS, INC. (NATH) reported earnings per share (EPS) of $5.87 in its most recent fiscal year.
NATHANS FAMOUS, INC. (NATH) has a 5-year average gross margin of 44.5%. This indicates decent pricing power.
The Ledger Terminal provides 16 years of financial data for NATHANS FAMOUS, INC. (NATH), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
NATHANS FAMOUS, INC. (NATH) has a book value per share of $-4.03, based on its most recent annual SEC filing.