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Stock Comparison

NDLS vs PTLO

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
NDLS
Noodles & Company

Restaurants

Consumer CyclicalNASDAQ • US
Market Cap$71M
5Y Perf.-87.7%
PTLO
Portillo's Inc.

Restaurants

Consumer CyclicalNASDAQ • US
Market Cap$315M
5Y Perf.-88.5%

NDLS vs PTLO — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
NDLS logoNDLS
PTLO logoPTLO
IndustryRestaurantsRestaurants
Market Cap$71M$315M
Revenue (TTM)$495M$738M
Net Income (TTM)$-37M$16M
Gross Margin10.0%29.0%
Operating Margin0.1%6.1%
Forward P/E20.3x
Total Debt$264M$999M
Cash & Equiv.$1M$20M

NDLS vs PTLOLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

NDLS
PTLO
StockOct 21May 26Return
Noodles & Company (NDLS)10012.3-87.7%
Portillo's Inc. (PTLO)10011.5-88.5%

Price return only. Dividends and distributions are not included.

Quick Verdict: NDLS vs PTLO

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: PTLO leads in 3 of 6 categories, making it the strongest pick for growth and revenue expansion and profitability and margin quality. Noodles & Company is the stronger pick specifically for capital preservation and lower volatility and recent price momentum and sentiment. As sector peers, any of these can serve as alternatives in the same allocation.
NDLS
Noodles & Company
The Income Pick

NDLS is the clearest fit if your priority is income & stability and sleep-well-at-night.

  • beta 0.59
  • Lower volatility, beta 0.59, current ratio 0.31x
  • Beta 0.59, current ratio 0.31x
Best for: income & stability and sleep-well-at-night
PTLO
Portillo's Inc.
The Growth Play

PTLO carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.

  • Rev growth 3.0%, EPS growth -41.3%, 3Y rev CAGR 7.6%
  • -85.0% 10Y total return vs NDLS's -86.3%
  • 3.0% revenue growth vs NDLS's 0.4%
Best for: growth exposure and long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthPTLO logoPTLO3.0% revenue growth vs NDLS's 0.4%
Quality / MarginsPTLO logoPTLO2.1% margin vs NDLS's -7.5%
Stability / SafetyNDLS logoNDLSBeta 0.59 vs PTLO's 1.35
DividendsTieNeither stock pays a meaningful dividend
Momentum (1Y)NDLS logoNDLS+48.5% vs PTLO's -61.4%
Efficiency (ROA)PTLO logoPTLO1.0% ROA vs NDLS's -13.6%, ROIC 3.0% vs -1.5%

NDLS vs PTLO — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

NDLSNoodles & Company
FY 2025
Food and Beverage
98.0%$485M
Franchise
2.0%$10M
PTLOPortillo's Inc.
FY 2025
Gift Card
100.0%$4M

NDLS vs PTLO — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLNDLSLAGGINGPTLO

Income & Cash Flow (Last 12 Months)

PTLO leads this category, winning 4 of 6 comparable metrics.

PTLO and NDLS operate at a comparable scale, with $738M and $495M in trailing revenue. PTLO is the more profitable business, keeping 2.1% of every revenue dollar as net income compared to NDLS's -7.5%. On growth, PTLO holds the edge at +3.5% YoY revenue growth, suggesting stronger near-term business momentum.

MetricNDLS logoNDLSNoodles & CompanyPTLO logoPTLOPortillo's Inc.
RevenueTrailing 12 months$495M$738M
EBITDAEarnings before interest/tax$26M$75M
Net IncomeAfter-tax profit-$37M$16M
Free Cash FlowCash after capex-$2M-$9M
Gross MarginGross profit ÷ Revenue+10.0%+29.0%
Operating MarginEBIT ÷ Revenue+0.1%+6.1%
Net MarginNet income ÷ Revenue-7.5%+2.1%
FCF MarginFCF ÷ Revenue-0.5%-1.2%
Rev. Growth (YoY)Latest quarter vs prior year-0.0%+3.5%
EPS Growth (YoY)Latest quarter vs prior year+63.7%-111.2%
PTLO leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

NDLS leads this category, winning 3 of 3 comparable metrics.

On an enterprise value basis, NDLS's 15.2x EV/EBITDA is more attractive than PTLO's 16.1x.

MetricNDLS logoNDLSNoodles & CompanyPTLO logoPTLOPortillo's Inc.
Market CapShares × price$71M$315M
Enterprise ValueMkt cap + debt − cash$333M$1.3B
Trailing P/EPrice ÷ TTM EPS-1.63x16.15x
Forward P/EPrice ÷ next-FY EPS est.20.34x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple15.18x16.11x
Price / SalesMarket cap ÷ Revenue0.14x0.43x
Price / BookPrice ÷ Book value/share0.62x
Price / FCFMarket cap ÷ FCF
NDLS leads this category, winning 3 of 3 comparable metrics.

Profitability & Efficiency

PTLO leads this category, winning 4 of 6 comparable metrics.
MetricNDLS logoNDLSNoodles & CompanyPTLO logoPTLOPortillo's Inc.
ROE (TTM)Return on equity+3.2%
ROA (TTM)Return on assets-13.6%+1.0%
ROICReturn on invested capital-1.5%+3.0%
ROCEReturn on capital employed-2.2%+3.7%
Piotroski ScoreFundamental quality 0–933
Debt / EquityFinancial leverage2.01x
Net DebtTotal debt minus cash$263M$980M
Cash & Equiv.Liquid assets$1M$20M
Total DebtShort + long-term debt$264M$999M
Interest CoverageEBIT ÷ Interest expense0.12x1.78x
PTLO leads this category, winning 4 of 6 comparable metrics.

Total Returns (Dividends Reinvested)

NDLS leads this category, winning 4 of 6 comparable metrics.

A $10,000 investment in PTLO five years ago would be worth $1,498 today (with dividends reinvested), compared to $1,238 for NDLS. Over the past 12 months, NDLS leads with a +48.5% total return vs PTLO's -61.4%. The 3-year compound annual growth rate (CAGR) favors NDLS at -31.9% vs PTLO's -40.0% — a key indicator of consistent wealth creation.

MetricNDLS logoNDLSNoodles & CompanyPTLO logoPTLOPortillo's Inc.
YTD ReturnYear-to-date+102.4%-5.0%
1-Year ReturnPast 12 months+48.5%-61.4%
3-Year ReturnCumulative with dividends-68.5%-78.4%
5-Year ReturnCumulative with dividends-87.6%-85.0%
10-Year ReturnCumulative with dividends-86.3%-85.0%
CAGR (3Y)Annualised 3-year return-31.9%-40.0%
NDLS leads this category, winning 4 of 6 comparable metrics.

Risk & Volatility

NDLS leads this category, winning 2 of 2 comparable metrics.

NDLS is the less volatile stock with a 0.59 beta — it tends to amplify market swings less than PTLO's 1.35 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NDLS currently trades 86.0% from its 52-week high vs PTLO's 32.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricNDLS logoNDLSNoodles & CompanyPTLO logoPTLOPortillo's Inc.
Beta (5Y)Sensitivity to S&P 5000.59x1.35x
52-Week HighHighest price in past year$13.95$13.55
52-Week LowLowest price in past year$0.77$4.27
% of 52W HighCurrent price vs 52-week peak+86.0%+32.2%
RSI (14)Momentum oscillator 0–10061.431.9
Avg Volume (50D)Average daily shares traded91K1.5M
NDLS leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Wall Street rates NDLS as "Hold" and PTLO as "Hold". Consensus price targets imply 300.0% upside for NDLS (target: $48) vs 58.7% for PTLO (target: $7).

MetricNDLS logoNDLSNoodles & CompanyPTLO logoPTLOPortillo's Inc.
Analyst RatingConsensus buy/hold/sellHoldHold
Price TargetConsensus 12-month target$48.00$6.92
# AnalystsCovering analysts1812
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%
Insufficient data to determine a leader in this category.
Key Takeaway

NDLS leads in 3 of 6 categories (Valuation Metrics, Total Returns). PTLO leads in 2 (Income & Cash Flow, Profitability & Efficiency).

Best OverallNoodles & Company (NDLS)Leads 3 of 6 categories
Loading custom metrics...

NDLS vs PTLO: Frequently Asked Questions

9 questions · data-driven answers · updated daily

01

Is NDLS or PTLO a better buy right now?

For growth investors, Portillo's Inc.

(PTLO) is the stronger pick with 3. 0% revenue growth year-over-year, versus 0. 4% for Noodles & Company (NDLS). Portillo's Inc. (PTLO) offers the better valuation at 16. 1x trailing P/E (20. 3x forward), making it the more compelling value choice. Analysts rate Noodles & Company (NDLS) a "Hold" — based on 18 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which is the better long-term investment — NDLS or PTLO?

Over the past 5 years, Portillo's Inc.

(PTLO) delivered a total return of -85. 0%, compared to -87. 6% for Noodles & Company (NDLS). Over 10 years, the gap is even starker: PTLO returned -85. 0% versus NDLS's -86. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — NDLS or PTLO?

By beta (market sensitivity over 5 years), Noodles & Company (NDLS) is the lower-risk stock at 0.

59β versus Portillo's Inc. 's 1. 35β — meaning PTLO is approximately 128% more volatile than NDLS relative to the S&P 500.

04

Which is growing faster — NDLS or PTLO?

By revenue growth (latest reported year), Portillo's Inc.

(PTLO) is pulling ahead at 3. 0% versus 0. 4% for Noodles & Company (NDLS). On earnings-per-share growth, the picture is similar: Noodles & Company grew EPS -15. 0% year-over-year, compared to -41. 3% for Portillo's Inc.. Over a 3-year CAGR, PTLO leads at 7. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

05

Which has better profit margins — NDLS or PTLO?

Portillo's Inc.

(PTLO) is the more profitable company, earning 2. 6% net margin versus -8. 6% for Noodles & Company — meaning it keeps 2. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: PTLO leads at 7. 0% versus -1. 0% for NDLS. At the gross margin level — before operating expenses — PTLO leads at 39. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Is NDLS or PTLO more undervalued right now?

Analyst consensus price targets imply the most upside for NDLS: 300.

0% to $48. 00.

07

Which pays a better dividend — NDLS or PTLO?

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

08

Is NDLS or PTLO better for a retirement portfolio?

For long-horizon retirement investors, Noodles & Company (NDLS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

59)). Both have compounded well over 10 years (NDLS: -86. 3%, PTLO: -85. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

09

What are the main differences between NDLS and PTLO?

Both stocks operate in the Consumer Cyclical sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: NDLS is a small-cap quality compounder stock; PTLO is a small-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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NDLS

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  • Sector: Consumer Cyclical
  • Market Cap > $100B
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PTLO

Quality Business

  • Sector: Consumer Cyclical
  • Market Cap > $100B
  • Gross Margin > 17%
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Revenue Growth>
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(NDLS: -0.0% · PTLO: 3.5%)

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