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STKSThe ONE Group Hospitality, Inc.
$1.95$62M
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The ONE Group Hospitality, Inc. (STKS) Financial Ratios

Latest Ratios: P/E Ratio -0.5x · EV/EBITDA 8.1x · ROE -58.7%. (2007–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

STKS Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$62M$56M$90M$198M$213M$426M$107M$108M$86M$61M$56M
Enterprise Value$708M$703M$704M$376M$342M$535M$242M$244M$95M$73M$71M
P/E Ratio →-0.48——40.8015.7513.56—5.2025.58——
P/S Ratio0.080.070.130.590.671.540.750.891.010.760.77
P/B Ratio0.540.500.452.933.117.044.873.187.169.257.55
P/FCF—————21.85—26.9536.8644.09—
P/OCF2.031.842.046.428.4513.76248.1812.9013.4010.1426.48

P/E links to full P/E history page with 30-year chart

STKS EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—0.871.051.131.081.931.702.021.110.910.98
EV / EBITDA8.158.0815.6915.0612.0217.74—13.4211.0175.30—
EV / EBIT16.1916.06106.2820.4820.9719.26—29.9113.19——
EV / FCF—————27.45—61.0040.5952.66—

STKS Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin11.9%11.9%18.2%19.8%21.0%23.5%14.7%20.5%24.4%22.3%21.1%
Operating Margin5.4%5.4%1.6%2.8%5.1%7.0%-9.6%10.6%6.8%-2.6%-8.8%
Net Profit Margin-11.4%-11.4%-2.4%1.4%4.3%11.3%-9.0%17.3%3.8%-5.3%-23.0%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-58.7%-58.7%-11.7%6.9%21.0%76.0%-45.9%90.6%35.2%-60.2%-123.7%
ROA-10.0%-10.0%-2.5%1.6%5.2%14.1%-6.1%15.9%6.0%-7.9%-30.6%
ROIC4.2%4.2%1.5%3.1%6.7%8.9%-6.3%10.0%22.3%-7.6%-17.6%
ROCE5.5%5.5%2.0%3.7%7.5%10.7%-7.8%11.8%15.6%-5.6%-15.1%

STKS Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity5.845.843.162.962.682.197.244.380.862.032.30
Debt / EBITDA7.497.4914.297.986.464.40—8.171.1913.87—
Net Debt / Equity—5.803.032.651.871.806.134.020.721.802.09
Net Debt / EBITDA7.447.4413.677.144.523.61—7.491.0112.25—
Debt / FCF—————5.59—34.053.738.57—
Interest Coverage1.071.070.212.61——-0.594.186.04-2.28-11.91

STKS Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio0.430.430.530.801.721.020.840.960.650.580.73
Quick Ratio0.350.350.440.701.590.920.780.860.570.500.63
Cash Ratio0.030.030.210.361.210.560.600.440.090.090.12
Asset Turnover—0.910.701.051.091.210.660.581.531.501.37
Inventory Turnover72.1572.1548.6543.1743.6554.1548.6231.3646.0744.2143.65
Days Sales Outstanding—15.8012.5519.3517.9815.4515.8232.3430.9926.4030.52

STKS Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield———————————
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield———2.5%6.3%7.4%—19.2%3.9%——
FCF Yield—————4.6%—3.7%2.7%2.3%—
Buyback Yield1.8%2.0%3.5%4.0%3.3%0.0%0.0%0.1%0.0%0.0%0.0%
Total Shareholder Yield1.8%2.0%3.5%4.0%3.3%0.0%0.0%0.1%0.0%0.0%0.0%
Shares Outstanding—$31M$31M$32M$34M$34M$29M$30M$28M$25M$25M

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

High leverage and liquidity

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Market Valuation Reflects Significant Distress

Based on reported figures, STKS trades at a P/S ratio of 0.08 and a negative P/E, suggesting that the market is heavily discounting the company's equity due to persistent bottom-line losses and the substantial debt load incurred from recent aggressive acquisition-led expansion strategies.

The current valuation multiples appear to reflect a market pricing in significant execution risk rather than growth potential. Investors should monitor whether the low P/S ratio indicates a deep value opportunity or a structural impairment of the company's ability to convert revenue into shareholder value.

Capital Returns Impaired by Acquisitions

According to recent SEC filings, the company's ROIC has struggled to maintain positive territory, fluctuating between -0.7% and 1.8% over the last ten quarters, which highlights the difficulty of generating adequate returns on the capital deployed for large-scale restaurant brand acquisitions.

The inability to consistently generate returns above the cost of capital suggests that the current growth strategy may be value-destructive. This trend warrants further investigation into whether the integration of acquired brands will eventually yield the expected synergies or if the capital base remains permanently bloated.

Working Capital Efficiency Remains Volatile

As reported in financial statements, the company's cash conversion cycle has shown extreme instability, ranging from -5 days to 3 days, which indicates that management's control over inventory and supplier payment terms is highly sensitive to the timing of large-scale operational shifts and integration activities.

While a negative cash conversion cycle is generally a positive indicator of supplier leverage, the volatility here suggests that the company's working capital management is not yet optimized. Investors should interpret these fluctuations as a sign of operational inconsistency rather than a sustainable competitive advantage in cash management.

Debt Service Burden Constrains Flexibility

Based on the company's reported figures, the Debt/Equity ratio reached 5.84 in 2025Q4, indicating that the firm's reliance on debt financing has created a precarious financial position that significantly limits its ability to navigate sector-specific downturns or fund organic growth without further capital market intervention.

The interest coverage ratio, which has dipped into negative territory in recent periods, suggests that debt service is becoming increasingly difficult to manage. This leverage profile appears to be the primary driver of the company's current financial vulnerability and warrants close monitoring by stakeholders.

Misapplication of Traditional Restaurant Multiples

Data from recent filings indicates that the market commonly misapplies traditional P/E ratios to STKS, which obscures the company's true earning power by failing to account for the heavy non-cash depreciation and integration-related charges inherent in its aggressive, acquisition-heavy hospitality platform business model.

Investors should instead focus on Restaurant-Level EBITDA to better understand the core operational performance of the 'vibe dining' units. Relying on GAAP net income in this context may lead to an overly pessimistic assessment of the company's underlying cash-generative potential.

Download Financial Ratios Data

Includes 30+ ratios · 19 years · Updated daily

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STKS — Frequently Asked Questions

Quick answers to the most common questions about buying STKS stock.

What is The ONE Group Hospitality, Inc.'s P/E ratio?

The ONE Group Hospitality, Inc.'s current P/E ratio is -0.5x. The historical average is 19.8x.

What is The ONE Group Hospitality, Inc.'s EV/EBITDA?

The ONE Group Hospitality, Inc.'s current EV/EBITDA is 8.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 25.8x.

What is The ONE Group Hospitality, Inc.'s ROE?

The ONE Group Hospitality, Inc.'s return on equity (ROE) is -58.7%. The historical average is -6.3%.

Is STKS stock overvalued?

Based on historical data, The ONE Group Hospitality, Inc. is trading at a P/E of -0.5x. Compare with industry peers and growth rates for a complete picture.

What are The ONE Group Hospitality, Inc.'s profit margins?

The ONE Group Hospitality, Inc. has 11.9% gross margin and 5.4% operating margin.

How much debt does The ONE Group Hospitality, Inc. have?

The ONE Group Hospitality, Inc.'s Debt/EBITDA ratio is 7.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.