Nathan's Famous, Inc. (NATH) Financial Ratios
30 years of historical data (1996–2025) · Consumer Cyclical · Restaurants
EV/EBITDA
↑
12.83
+20% vs avg
5yr avg: 10.73
30Y Low3.3·High15.4
P/FCF
↑
23.30
↑+39% vs avg
5yr avg: 16.78
30Y Low3.2·High41.9
P/B Ratio
N/A
—
5yr avg: N/A
30Y Low0.6·High5.7
ROE
N/A
—
5yr avg: N/A
30Y Low-53%·High86%
Debt/EBITDA
↓
0.20
↓-90% vs avg
5yr avg: 1.97
30Y Low0.0·High6.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NATH Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Nathan's Famous, Inc. trades at 21.0x earnings, 25% above its 5-year average of 16.8x, sitting at the 68th percentile of its historical range. This is roughly in line with the Consumer Cyclical sector median P/E of 21.2x. On a free-cash-flow basis, the stock trades at 23.3x P/FCF, 39% above the 5-year average of 16.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $416M | $415M | $395M | $289M | $309M | $223M | $260M | $257M | $289M | $312M | $264M |
| Enterprise Value | $398M | $397M | $423M | $335M | $366M | $289M | $335M | $336M | $359M | $399M | $338M |
| P/E Ratio → | 20.96 | 20.76 | 16.42 | 14.75 | 15.75 | 16.42 | 23.45 | 19.12 | 13.44 | 119.19 | 35.20 |
| P/S Ratio | 2.57 | 2.56 | 2.66 | 2.09 | 2.36 | 1.94 | 3.42 | 2.49 | 2.83 | 2.99 | 2.73 |
| P/B Ratio | — | — | — | — | — | — | — | — | — | — | — |
| P/FCF | 23.30 | 23.24 | 15.78 | 14.70 | 16.10 | 14.07 | 23.15 | 22.40 | 26.95 | 17.05 | 28.38 |
| P/OCF | 22.83 | 22.77 | 15.64 | 14.47 | 15.59 | 13.53 | 22.07 | 20.83 | 25.87 | 16.54 | 25.31 |
P/E links to full P/E history page with 30-year chart
NATH EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Nathan's Famous, Inc.'s enterprise value stands at 12.8x EBITDA, 20% above its 5-year average of 10.7x. The Consumer Cyclical sector median is 12.2x, placing the stock at a 5% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.45 | 2.85 | 2.41 | 2.80 | 2.52 | 4.42 | 3.25 | 3.52 | 3.83 | 3.50 |
| EV / EBITDA | 12.83 | 12.80 | 11.29 | 9.95 | 10.27 | 9.36 | 12.54 | 11.84 | 12.29 | 14.04 | 12.26 |
| EV / EBIT | 13.23 | — | 11.47 | 10.20 | 10.58 | 10.09 | 12.92 | 11.75 | 8.92 | 22.56 | 12.77 |
| EV / FCF | — | 22.23 | 16.90 | 17.00 | 19.03 | 18.27 | 29.86 | 29.30 | 33.49 | 21.82 | 36.41 |
NATH Profitability
Margins and return-on-capital ratios measuring operating efficiency
Nathan's Famous, Inc. earns an operating margin of 18.6%, significantly above the Consumer Cyclical sector average of 2.0%. Operating margins have compressed from 23.5% to 18.6% over the past 3 years, signaling potential cost pressures or competitive headwinds.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.3% | 34.3% | 35.1% | 35.5% | 38.0% | 38.4% | 51.1% | 41.8% | 42.3% | 40.3% | 42.7% |
| Operating Margin | 18.6% | 18.6% | 24.6% | 23.5% | 26.3% | 26.0% | 33.6% | 26.3% | 27.5% | 26.0% | 27.2% |
| Net Profit Margin | 12.4% | 12.4% | 16.2% | 14.2% | 15.0% | 11.8% | 14.6% | 13.0% | 21.1% | 2.5% | 7.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | — | — | — | — |
| ROA | 37.4% | 37.4% | 47.0% | 36.5% | 28.6% | 14.5% | 10.3% | 13.4% | 24.6% | 3.3% | 10.0% |
| ROIC | — | — | 227.7% | 201.1% | 221.9% | 185.5% | 150.6% | 323.6% | 1548.5% | 372.3% | 250.0% |
| ROCE | 84.2% | 84.2% | 104.3% | 86.5% | 66.2% | 38.2% | 27.4% | 31.7% | 39.6% | 41.9% | 41.2% |
NATH Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Nathan's Famous, Inc. carries a Debt/EBITDA ratio of 0.2x, which is very conservative (96% below the sector average of 4.8x). The company holds a net cash position — cash of $24M exceeds total debt of $6M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 10.5x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | — | — | — | — |
| Debt / EBITDA | 0.20 | 0.20 | 1.49 | 1.97 | 2.42 | 3.77 | 5.85 | 5.50 | 4.98 | 5.09 | 4.77 |
| Net Debt / Equity | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / EBITDA | -0.58 | -0.58 | 0.75 | 1.35 | 1.58 | 2.15 | 2.82 | 2.79 | 2.40 | 3.07 | 2.70 |
| Debt / FCF | — | -1.01 | 1.12 | 2.30 | 2.93 | 4.20 | 6.70 | 6.89 | 6.54 | 4.78 | 8.03 |
| Interest Coverage | 10.54 | 10.54 | 8.98 | 6.13 | 4.46 | 2.83 | 2.45 | 2.70 | 3.73 | 1.30 | 1.80 |
Net cash position: cash ($24M) exceeds total debt ($6M)
NATH Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Nathan's Famous, Inc.'s current ratio of 2.49x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.49 | 2.49 | 2.69 | 2.49 | 2.83 | 3.98 | 6.49 | 6.14 | 5.84 | 3.98 | 6.27 |
| Quick Ratio | 2.45 | 2.45 | 2.62 | 2.44 | 2.80 | 3.95 | 6.44 | 6.12 | 5.80 | 3.96 | 6.22 |
| Cash Ratio | 1.29 | 1.29 | 1.66 | 1.35 | 1.79 | 3.05 | 5.55 | 5.28 | 5.06 | 3.18 | 5.28 |
| Asset Turnover | — | 3.02 | 2.77 | 2.84 | 2.23 | 1.46 | 0.70 | 0.97 | 1.08 | 1.30 | 1.24 |
| Inventory Turnover | 119.55 | 119.55 | 78.79 | 106.12 | 150.55 | 135.67 | 59.46 | 159.10 | 109.93 | 162.13 | 95.71 |
| Days Sales Outstanding | — | 44.69 | 36.05 | 41.30 | 42.67 | 42.72 | 57.85 | 39.24 | 36.46 | 36.79 | 33.79 |
NATH Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Nathan's Famous, Inc. returns 4.4% to shareholders annually primarily through dividends. The earnings yield of 4.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.4% | 4.4% | 2.1% | 2.8% | 2.4% | 2.8% | 2.2% | 2.3% | 1.5% | 6.8% | 0.1% |
| Payout Ratio | — | — | 34.0% | 41.6% | 38.5% | 45.4% | 52.0% | 44.0% | 20.2% | 801.3% | 5.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.8% | 4.8% | 6.1% | 6.8% | 6.3% | 6.1% | 4.3% | 5.2% | 7.4% | 0.8% | 2.8% |
| FCF Yield | 4.3% | 4.3% | 6.3% | 6.8% | 6.2% | 7.1% | 4.3% | 4.5% | 3.7% | 5.9% | 3.5% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.1% | 0.6% | 0.0% | 0.6% | 1.9% | 0.3% | 0.1% | 0.5% |
| Total Shareholder Yield | 4.4% | 4.4% | 2.1% | 2.9% | 3.1% | 2.8% | 2.8% | 4.2% | 1.8% | 6.8% | 0.6% |
| Shares Outstanding | — | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M |
Peer Comparison
Compare NATH with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 NATHYou | $416M | 21.0 | 12.8 | 23.3 | 34.3% | 18.6% | — | — | 0.2 |
 RRGB | $116M | -4.8 | 11.3 | 18.6 | 68.0% | 0.2% | — | 0.5% | 9.5 |
 SHAK | $2B | 54.2 | 15.2 | 42.1 | 18.0% | 5.9% | 8.7% | 6.0% | 4.7 |
 FRSH | $2B | 14.1 | 26.5 | 10.0 | 85.0% | 1.6% | 16.9% | 2.0% | 0.9 |
 JACK | $244M | -3.0 | 82.4 | 3.3 | 28.7% | -1.2% | — | -0.6% | 77.6 |
 TXRH | $12B | 29.1 | 18.9 | 34.2 | 12.4% | 8.6% | 28.4% | 14.5% | 2.7 |
 MCD | $198B | 23.3 | 17.3 | 27.5 | 57.4% | 46.1% | — | 18.7% | 3.8 |
 WEN | $1B | 8.0 | 10.2 | 5.3 | 26.9% | 15.3% | 87.6% | 6.3% | 8.2 |
 QSR | $25B | 31.3 | 17.0 | 17.6 | 41.1% | 23.7% | 15.5% | 8.2% | 7.1 |
 PZZA | $1B | 40.5 | 12.4 | 19.6 | 28.9% | 4.3% | — | 11.7% | 6.0 |
 FAT | $3M | -0.0 | — | — | 25.4% | -8.8% | — | -3.8% | — |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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NATH — Frequently Asked Questions
Quick answers to the most common questions about buying NATH stock.
What is Nathan's Famous, Inc.'s P/E ratio?
Nathan's Famous, Inc.'s current P/E ratio is 21.0x. The historical average is 23.0x. This places it at the 68th percentile of its historical range.
What is Nathan's Famous, Inc.'s EV/EBITDA?
Nathan's Famous, Inc.'s current EV/EBITDA is 12.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.9x.
Is NATH stock overvalued?
Based on historical data, Nathan's Famous, Inc. is trading at a P/E of 21.0x. This is at the 68th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Nathan's Famous, Inc.'s dividend yield?
Nathan's Famous, Inc.'s current dividend yield is 4.39%.
What are Nathan's Famous, Inc.'s profit margins?
Nathan's Famous, Inc. has 34.3% gross margin and 18.6% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Nathan's Famous, Inc. have?
Nathan's Famous, Inc.'s Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.