Stocktoria

NOODLES & Co NDLS

Nasdaq · stock · Retail-Eating Places · website · IPO 2013-06-28 · LEI

NOODLES & Co statistics & valuation

P / S0.2×
Net margin-8.6%
FCF margin-1.0%
Net debt$107.5M
Enterprise value USD$200.0M
Earnings yield EBIT/EV-15.8%
Return on capital-15.8%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-14.70% -8.20% -1.80% 0.40% -5.90% 0.80% -0.70% -2.00% -7.30% -8.60% 2017201820192019202020212023202420242025
Gross margin (%)
2017201820192019202020212023202420242025
Operating margin (%)
-13.90% -7.40% -0.80% 1.20% -5.10% 1.20% -0.20% -1.00% -5.60% -6.40% 2017201820192019202020212023202420242025
Return on equity (%)
-277.60% -104.50% -16.00% 3.30% -78.30% 9.70% -8.60% -36.30% 2017201820192019202020212023202420242025
Shares outstanding
27.9M 41.1M 43.9M 45.0M 44.4M 46.1M 46.0M 45.0M 5.7M 5.9M 2017201820192019202020212023202420242025
Net debt ($)
$83.6M $54.3M $41.9M $32.2M $33.1M $16.7M $44.5M $77.2M $99.6M $107.5M 2017201820192019202020212023202420242025
Share buybacks ($)
2017201820192019202020212023202420242025
Return on assets (%)
-34.20% -20.20% -4.90% 0.40% -6.60% 1.10% -1.00% -2.70% -11.20% -16.30% 2017201820192019202020212023202420242025
Free cash flow margin (%)
-3.80% -3.70% -2.00% 2.70% -0.70% 3.70% -4.80% -4.90% -4.30% -1.00% 2017201820192019202020212023202420242025
Debt / equity (×)
3.31× 1.61× 0.88× 0.84× 1.38× 0.50× 1.20× 2.95× 2017201820192019202020212023202420242025
EPS ($)
-$2.58 -$1.20 -$0.20 $0.04 -$0.53 $0.08 -$0.07 -$1.72 -$6.37 -$7.36 2017201820192019202020212023202420242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

NOODLES & Co trades at about 205.4× earnings — below its 10-year norm (10-year range 555.7×–1428×, median 1211.7×).

205.4× 1428×

Shaded band = 10-year range (555.7×–1428×); dot = today's 205.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2024FY2023FY2021FY2020FY2019FY2019FY2018FY2017
Operating margin-6.4%-5.6%-1.0%-0.2%1.2%-5.1%1.2%-0.8%-7.4%-13.9%
Net margin-8.6%-7.3%-2.0%-0.7%0.8%-5.9%0.4%-1.8%-8.2%-14.7%
FCF margin-1.0%-4.3%-4.9%-4.8%3.7%-0.7%2.7%-2.0%-3.7%-3.8%
Return on assets-16.3%-11.2%-2.7%-1.0%1.1%-6.6%0.4%-4.9%-20.2%-34.2%
Return on equity94.0%649.1%-36.3%-8.6%9.7%-78.3%3.3%-16.0%-104.5%-277.6%
Debt / equity-2.40×-18.06×2.95×1.20×0.50×1.38×0.84×0.88×1.61×3.31×
Current ratio0.310.310.340.340.290.410.510.700.500.53

Computed from company filings · US · as of 2025-12-30. Facts plus Stocktoria's own computed scores — not investment advice.