Stock fact sheet · data as of
BT Brands, Inc. (BTBD): fair value, margin of safety and Wheel Score
Consumer Cyclical · Restaurants · United States · Speculative / Distressed
Is BTBD undervalued?
BTBD closed at 1.70 on 16 Oct 2026, more than 30% above the GLS average fair value of 0.4882. Only 0 of the 2 models that produced a value sit above the price. By our models the shares are priced well beyond what the filed earnings, cash flow and book value support; the Sunday Scan drops names like this at the "below fair value" rule.
Only 2 of the nine models produced a value (DCF, 10 Cap); the others need a dividend, positive free cash flow or positive book value the company does not have yet, so the average rests on a narrow base.
The nightly engine files BTBD under Speculative / Distressed - negative earnings or a Piotroski score of 3 or less - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for BTBD
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 0.2453 | -86% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 0.7311 | -57% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 0.2541 | -85% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: BTBD passes 3 of the nine Piotroski tests. Our screens drop the stock at the health rule; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is low at 2.0 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are thin or negative - ROIC -8.4%, ROE -10.7%, ROA -6.4% - with debt at 0.27 times equity and a free-cash-flow yield of 1.7%.
BT Brands, Inc. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 3 / 9 | ROIC | -8.4% |
|---|---|---|---|
| GLS Moat | 2.0 / 10 | ROE | -10.7% |
| Debt / equity | 0.27 | ROA | -6.4% |
| Free-cash-flow yield | 1.7% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 16: No options
BTBD has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (16 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 12k shares a day on a market cap of $11M, with a beta of 0.54 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -248% margin of safety | |
| Health | 7 / 20 | Piotroski 3/9 | |
| Moat | 3 / 15 | moat 2.0/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 12k shares/day, $11M cap, beta 0.54 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for BTBD in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Restaurants
The 12 companies below are the closest to BT Brands, Inc. by market cap within the Restaurants industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| REBN Reborn Coffee, Inc. | 1.52 | - | - | 29No options | $13M |
| NROM Noble Roman's, Inc. | 0.6000 | 1.80 | +67% | 39No options | $14M |
| GTIM Good Times Restaurants Inc. | 1.39 | 4.68 | +70% | 60Fair | $15M |
| ESYN EnerSyn Global Inc. | 1.98 | - | - | 27No options | $15M |
| ARKR Ark Restaurants Corp. | 4.38 | 16.19 | +73% | 39No options | $16M |
| CCHH CCH Holdings Ltd Ordinary Shares | 0.9160 | 0.5224 | -75% | 12No options | $18M |
| PC Premium Catering (Holdings) Limited | 9.40 | 0.8286 | -1034% | 9No options | $31M |
| RAVE RAVE Restaurant Group, Inc. | 2.17 | 5.90 | +63% | 56Fair | $31M |
| THCH TH International Limited | 1.09 | - | - | 33Weak | $35M |
| STKS The ONE Group Hospitality, Inc. | 1.41 | 49.68 | +97% | 45Weak | $45M |
| GGLT Giant Group, Ltd. | 200.00 | 1,287.43 | +84% | 39No options | $2M |
| GENK GEN Restaurant Group, Inc. | 1.69 | 296.32 | +99% | 39No options | $56M |
⚖ Compare BTBD with 7 of them All Consumer Cyclical stocks →
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Start free See the Sunday ScanQuestions about BTBD
Is BTBD undervalued right now?
No: at 1.70 the stock trades 248% above the GLS average fair value of 0.4882 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of BTBD and what does it mean?
BTBD has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for BTBD?
0.4882 per share as of 16 Oct 2026 - the simple average of the 2 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does BT Brands, Inc. report earnings next?
No upcoming earnings date is recorded for BTBD in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does BTBD have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on BTBD, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.