NOODLES & CO (NDLS) Stock Fundamental Analysis

NASDAQ:NDLS • US65540B1052

5.59 USD
+0.01 (+0.18%)
Last: Feb 27, 2026, 12:34 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

1

Overall NDLS gets a fundamental rating of 1 out of 10. We evaluated NDLS against 126 industry peers in the Hotels, Restaurants & Leisure industry. Both the profitability and financial health of NDLS have multiple concerns. NDLS is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • NDLS had negative earnings in the past year.
  • NDLS had a negative operating cash flow in the past year.
  • In the past 5 years NDLS reported 4 times negative net income.
  • In the past 5 years NDLS always reported a positive cash flow from operatings.
NDLS Yearly Net Income VS EBIT VS OCF VS FCFNDLS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M -40M -60M

1.2 Ratios

  • Looking at the Return On Assets, with a value of -16.20%, NDLS is doing worse than 90.48% of the companies in the same industry.
Industry RankSector Rank
ROA -16.2%
ROE N/A
ROIC N/A
ROA(3y)-4.93%
ROA(5y)-4.06%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
NDLS Yearly ROA, ROE, ROICNDLS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200 -200 400 600

1.3 Margins

  • With a Gross Margin value of 22.86%, NDLS is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
  • In the last couple of years the Gross Margin of NDLS has declined.
  • NDLS does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 22.86%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.26%
GM growth 5Y-2.5%
NDLS Yearly Profit, Operating, Gross MarginsNDLS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20

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ROAROEROICOperating and Profit MarginShow most profitable peers

0

2. Health

2.1 Basic Checks

  • NDLS does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • NDLS has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, NDLS has more shares outstanding
  • The debt/assets ratio for NDLS is higher compared to a year ago.
NDLS Yearly Shares OutstandingNDLS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
NDLS Yearly Total Debt VS Total AssetsNDLS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

  • NDLS has an Altman-Z score of 0.84. This is a bad value and indicates that NDLS is not financially healthy and even has some risk of bankruptcy.
  • NDLS has a Altman-Z score of 0.84. This is in the lower half of the industry: NDLS underperforms 69.05% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z 0.84
ROIC/WACCN/A
WACC8.05%
NDLS Yearly LT Debt VS Equity VS FCFNDLS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M 60M 80M 100M

2.3 Liquidity

  • NDLS has a Current Ratio of 0.34. This is a bad value and indicates that NDLS is not financially healthy enough and could expect problems in meeting its short term obligations.
  • NDLS has a worse Current ratio (0.34) than 90.48% of its industry peers.
  • A Quick Ratio of 0.19 indicates that NDLS may have some problems paying its short term obligations.
  • NDLS has a Quick ratio of 0.19. This is amonst the worse of the industry: NDLS underperforms 94.44% of its industry peers.
Industry RankSector Rank
Current Ratio 0.34
Quick Ratio 0.19
NDLS Yearly Current Assets VS Current LiabilitesNDLS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

1

3. Growth

3.1 Past

  • NDLS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -54.05%.
  • Looking at the last year, NDLS shows a decrease in Revenue. The Revenue has decreased by -0.35% in the last year.
  • The Revenue has been growing slightly by 1.30% on average over the past years.
EPS 1Y (TTM)-54.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%16.67%
Revenue 1Y (TTM)-0.35%
Revenue growth 3Y1.25%
Revenue growth 5Y1.3%
Sales Q2Q%-0.54%

3.2 Future

  • NDLS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.47% yearly.
  • NDLS is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.45% yearly.
EPS Next Y-20.13%
EPS Next 2Y3.47%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.05%
Revenue Next 2Y-2.45%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
NDLS Yearly Revenue VS EstimatesNDLS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 100M 200M 300M 400M 500M
NDLS Yearly EPS VS EstimatesNDLS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 0.2 -0.2 -0.4

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Find the best growth stocksShow best growing peers

0

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for NDLS. In the last year negative earnings were reported.
  • Also next year NDLS is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
NDLS Price Earnings VS Forward Price EarningsNDLS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20 30 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NDLS indicates a slightly more expensive valuation: NDLS is more expensive than 69.84% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 20.14
NDLS Per share dataNDLS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.47%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for NDLS!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

NOODLES & CO

NASDAQ:NDLS (2/27/2026, 12:34:38 PM)

5.59

+0.01 (+0.18%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)11-05
Earnings (Next)03-05
Inst Owners31.46%
Inst Owner Change-9.11%
Ins Owners5.92%
Ins Owner Change1.97%
Market Cap261.72M
Revenue(TTM)494.09M
Net Income(TTM)-45.45M
Analysts43.33
Price TargetN/A
Short Float %N/A
Short Ratio2.78
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-64.33%
Min EPS beat(2)-135.29%
Max EPS beat(2)6.63%
EPS beat(4)1
Avg EPS beat(4)-61%
Min EPS beat(4)-135.29%
Max EPS beat(4)6.63%
EPS beat(8)3
Avg EPS beat(8)-112.91%
EPS beat(12)6
Avg EPS beat(12)-40.71%
EPS beat(16)7
Avg EPS beat(16)-42.41%
Revenue beat(2)0
Avg Revenue beat(2)-2.95%
Min Revenue beat(2)-5.82%
Max Revenue beat(2)-0.07%
Revenue beat(4)0
Avg Revenue beat(4)-2.41%
Min Revenue beat(4)-5.82%
Max Revenue beat(4)-0.07%
Revenue beat(8)0
Avg Revenue beat(8)-2.9%
Revenue beat(12)0
Avg Revenue beat(12)-3.14%
Revenue beat(16)0
Avg Revenue beat(16)-3.04%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-36.84%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.47%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.09%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.53
P/FCF N/A
P/OCF N/A
P/B N/A
P/tB N/A
EV/EBITDA 20.14
EPS(TTM)-0.57
EYN/A
EPS(NY)-0.42
Fwd EYN/A
FCF(TTM)-0.33
FCFYN/A
OCF(TTM)-0.03
OCFYN/A
SpS10.55
BVpS-0.83
TBVpS-0.99
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -16.2%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 22.86%
FCFM N/A
ROA(3y)-4.93%
ROA(5y)-4.06%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.26%
GM growth 5Y-2.5%
F-Score4
Asset Turnover1.76
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Debt/EBITDA 6.15
Cap/Depr 49.61%
Cap/Sales 2.8%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.34
Quick Ratio 0.19
Altman-Z 0.84
F-Score4
WACC8.05%
ROIC/WACCN/A
Cap/Depr(3y)146.29%
Cap/Depr(5y)115.44%
Cap/Sales(3y)7.61%
Cap/Sales(5y)5.95%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-54.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%16.67%
EPS Next Y-20.13%
EPS Next 2Y3.47%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-0.35%
Revenue growth 3Y1.25%
Revenue growth 5Y1.3%
Sales Q2Q%-0.54%
Revenue Next Year-0.05%
Revenue Next 2Y-2.45%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-47.66%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year328.84%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y18.51%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-105.6%
OCF growth 3Y-40.65%
OCF growth 5Y-24.12%

NOODLES & CO / NDLS FAQ

What is the fundamental rating for NDLS stock?

ChartMill assigns a fundamental rating of 1 / 10 to NDLS.


What is the valuation status for NDLS stock?

ChartMill assigns a valuation rating of 0 / 10 to NOODLES & CO (NDLS). This can be considered as Overvalued.


How profitable is NOODLES & CO (NDLS) stock?

NOODLES & CO (NDLS) has a profitability rating of 1 / 10.


How financially healthy is NOODLES & CO?

The financial health rating of NOODLES & CO (NDLS) is 0 / 10.