Added to YB: 2025-10-16
Pitch date: 2025-10-14
NDLS [neutral]
Noodles & Company
-13.08%
current return
Author Info
The Value Road is a deep value investor that's interested in post bankruptcy, NAV, and undervalued micro and nano-cap stocks. I only invest in companies that have layers of value behind them, usually with little or no debt. Sign up for their newsletter.
Company Info
Noodles & Company, a restaurant concept company, develops and operates fast-casual restaurants in the United States.
Market Cap
$23.0M
Pitch Price
$5.20
Price Target
1.30 (-71%)
Dividend
N/A
EV/EBITDA
4.83
P/E
-0.49
EV/Sales
0.60
Sector
Hotels, Restaurants and Leisure
Category
special_situation
The 41% Signal: How Strategic Reviews Hint at Hidden Takeovers - Noodles & Company
NDLS (strategic review): Board reviewing strategic options (refranchising, sale, take-private) to maximize shareholder value. $35M market cap, $340M EV at 8x EBITDA, 0.25x P/S. Go-private at 9-10x EBITDA could double equity value, though weak trends risk lender-forced recapitalization.
Read full article (1 min)