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Noodles (Noodles) Intrinsic Value: Projected FCF : $-0.34 (As of May. 08, 2024)


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What is Noodles Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-08), Noodles's Intrinsic Value: Projected FCF is $-0.34. The stock price of Noodles is $1.73. Therefore, Noodles's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Noodles's Intrinsic Value: Projected FCF or its related term are showing as below:

NDLS's Price-to-Projected-FCF is not ranked *
in the Restaurants industry.
Industry Median: 1.38
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Noodles Intrinsic Value: Projected FCF Historical Data

The historical data trend for Noodles's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Noodles Intrinsic Value: Projected FCF Chart

Noodles Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.34 -1.14 -0.21 -0.16 -0.34

Noodles Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.16 -0.28 -0.13 0.14 -0.34

Competitive Comparison of Noodles's Intrinsic Value: Projected FCF

For the Restaurants subindustry, Noodles's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Noodles's Price-to-Projected-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Noodles's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Noodles's Price-to-Projected-FCF falls into.



Noodles Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Noodles's Free Cash Flow(6 year avg) = $-3.87.

Noodles's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-3.87168+27.16*0.8)/44.956
=-0.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Noodles  (NAS:NDLS) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Noodles's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=1.73/-0.33659032981282
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Noodles Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Noodles's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Noodles (Noodles) Business Description

Industry
Traded in Other Exchanges
Address
520 Zang Street, Suite D, Broomfield, CO, USA, 80021
Noodles & Co is a restaurant concept offering lunch and dinner within the fast-casual segment of the restaurant industry. The company's menu includes a variety of cooked-to-order dishes, including noodles and pasta, soups, salads and appetizers. The company also provides dining, pick-up and delivery services.
Executives
Michael Hynes officer: Chief Financial Officer 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Kline Corey officer: EVP - Technology 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Thomas B West officer: EVP - Operations 520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Mill Road Capital Iii, L.p. 10 percent owner C/O MILL ROAD CAPITAL MANAGEMENT LLC, 328 PEMBERWICK ROAD, GREENWICH CT 06831
Melissa Heidman officer: EVP & General Counsel 520 ZANG STREET, UNIT D, BROOMFIELD CO 80021
Kathryn Rae Lockhart officer: Vice President & Controller 520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Mill Road Capital Iii Gp Llc 10 percent owner C/O MILL ROAD CAPITAL MANAGEMENT LLC, 328 PEMBERWICK ROAD, GREENWICH CT 06831
Jeffrey W Jones director P O BOX 7, VAIL CO 81658
Shawn A Taylor director 4931 MENO PARK DRIVE, SUGARLAND TX 77479
Mill Road Capital Ii, L.p. 10 percent owner 382 GREENWICH AVE., SUITE ONE, GREENWICH CT 06830
Sue Petersen officer: EVP-Inclusion, Divers, People 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
David James Boennighausen officer: Chief Financial Officer 520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Catterton-noodles Holdings, Llc 10 percent owner 599 W PUTNAM AVE, STE 200, GREENWICH CT 06831
Carl E Lukach officer: Chief Financial Officer 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Stacey Pool officer: Chief Marketing Officer 520 ZANG ST., UNIT D, BROOMFIELD CO 80021