BT Brands, Inc.

AI-generated fair value estimate for this company.

Method: Comparable-company EV/Revenue multiple of 0.5x applied to TTM revenue of $12.87M (FY2025 revenue $13.49M, down 9.0% year over year) = $6.44M enterprise value. Net cash position of $1.87M (cash $1.59M less total debt $3.46M). Equity value = $6.44M plus $1.87M = $4.57M divided by 6.18M shares outstanding = $0.74/share.

Reasoning: BT Brands is a small, thin-margin multi-concept restaurant operator with currently negative operating income and only marginally positive free cash flow, too small and volatile a base for a reliable multi-year DCF, so a conservative revenue multiple drawn from small-cap limited-service restaurant comparables is more robust.