Symbols / BTBD $1.91 -8.61% BT Brands, Inc.

Consumer Cyclical • Restaurants • United States • NCM
BTBD Chart
About

BT Brands, Inc. owns and operates fast-food restaurants in the north central region of United States. The company operates Burger Time restaurants that offer various burgers and other food products, such as chicken sandwiches, pulled pork sandwiches, chicken tenders, chicken chunks, sides, and soft drinks located in Minnesota, North Dakota, and South Dakota. It also operates Bagger Dave's Burger Tavern, Inc. restaurants that provide burgers, pizzas, fries, beers, milkshakes, salads, and other items located in Michigan, Ohio, and Indiana. The company was founded in 1987 and is based in West Fargo, North Dakota.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Restaurants Market Cap 11.76M
Enterprise Value 10.85M Income -687.84K Sales 13.49M
Book/sh 0.99 Cash/sh 0.72 Dividend Yield —
Payout 0.00% Employees — IPO —
P/E — Forward P/E — PEG —
P/S 0.87 P/B 1.92 P/C —
EV/EBITDA 42.23 EV/Sales 0.80 Quick Ratio 3.69
Current Ratio 4.84 Debt/Eq 57.02 LT Debt/Eq —
EPS (ttm) -0.11 EPS next Y — EPS Growth —
Revenue Growth -17.40% Earnings — ROA -2.15%
ROE -10.28% ROIC — Gross Margin 19.27%
Oper. Margin -19.73% Profit Margin -5.10% Shs Outstand 6.15M
Shs Float 3.15M Short Float 1.03% Short Ratio 0.28
Short Interest — 52W High 5.60 52W Low 1.00
Beta — Avg Volume 310.77K Volume 773.69K
Target Price — Recom None Prev Close $2.09
Price $1.91 Change -8.61%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.92
Latest analyst target
3. DCF / Fair value
$-2.51
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.92
Low
—
High
—
Mean
—
News
RSS: Latest BTBD news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2024-10-28 COPPERUD GARY W Chief Executive Officer — 16,317 $1.29 $27,538
2024-10-24 COPPERUD SALLY Beneficial Owner of more than 10% of a Class of Security — 180,285 $1.50 $374,804
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
13.49
-9.02%
14.82
+5.31%
14.08
+11.71%
12.60
Operating Revenue
13.49
-9.02%
14.82
+5.31%
14.08
+11.71%
12.60
Cost Of Revenue
9.61
-18.14%
11.73
+6.14%
11.06
+23.10%
8.98
Reconciled Cost Of Revenue
9.61
-18.14%
11.73
+6.14%
11.06
+23.10%
8.98
Gross Profit
3.88
+25.63%
3.09
+2.26%
3.02
-16.54%
3.62
Operating Expense
4.27
-10.98%
4.80
+8.99%
4.40
+9.79%
4.01
Selling General And Administration
2.75
-11.26%
3.09
+4.43%
2.96
+6.54%
2.78
General And Administrative Expense
2.75
-11.26%
3.09
+4.43%
2.96
+6.54%
2.78
Other Gand A
1.46
-13.44%
1.69
+2.46%
1.65
+1.04%
1.63
Other Operating Expenses
0.88
-8.75%
0.96
+14.30%
0.84
+7.86%
0.78
Total Expenses
13.88
-16.06%
16.53
+6.95%
15.46
+18.99%
12.99
Operating Income
-0.39
+77.09%
-1.71
-23.70%
-1.38
-253.50%
-0.39
Total Operating Income As Reported
-0.36
+80.10%
-1.83
-70.83%
-1.07
-174.20%
-0.39
EBITDA
0.04
+103.37%
-1.26
-275.48%
-0.34
-88.38%
-0.18
Normalized EBITDA
0.03
+102.22%
-1.19
-58.81%
-0.75
-714.26%
-0.09
Reconciled Depreciation
0.65
-12.67%
0.74
+24.11%
0.60
+33.29%
0.45
EBIT
-0.61
+69.77%
-2.01
-114.53%
-0.93
-48.96%
-0.63
Total Unusual Items
0.02
+122.36%
-0.07
-117.42%
0.41
+578.33%
-0.09
Total Unusual Items Excluding Goodwill
0.02
+122.36%
-0.07
-117.42%
0.41
+578.33%
-0.09
Special Income Charges
-0.49
-304.92%
-0.12
-139.29%
0.31
0.00
Impairment Of Capital Assets
0.21
-42.18%
0.37
—
—
Write Off
0.52
—
—
—
Net Income
-0.69
+70.24%
-2.31
-160.46%
-0.89
-57.81%
-0.56
Pretax Income
-0.69
+67.33%
-2.11
-103.92%
-1.03
-39.08%
-0.74
Net Non Operating Interest Income Expense
0.07
-14.45%
0.08
-61.45%
0.20
+1789.02%
0.01
Interest Expense Non Operating
0.08
-18.30%
0.10
+2.35%
0.10
-14.95%
0.11
Net Interest Income
0.07
-14.45%
0.08
-61.45%
0.20
+1789.02%
0.01
Interest Expense
0.08
-18.30%
0.10
+2.35%
0.10
-14.95%
0.11
Interest Income Non Operating
0.15
-16.61%
0.18
-40.76%
0.30
+139.72%
0.13
Interest Income
0.15
-16.61%
0.18
-40.76%
0.30
+139.72%
0.13
Other Income Expense
-0.36
+23.26%
-0.47
-421.67%
0.15
+140.65%
-0.36
Other Non Operating Income Expenses
-0.07
-636.45%
0.01
-82.76%
0.08
+200.17%
-0.08
Gain On Sale Of Security
0.51
+921.58%
0.05
-51.66%
0.10
+219.41%
-0.09
Tax Provision
0.00
-100.00%
0.21
+242.07%
-0.14
+19.44%
-0.18
Tax Rate For Calcs
0.00
-100.00%
0.00
+49.52%
0.00
-42.08%
0.00
Tax Effect Of Unusual Items
0.00
+100.00%
-0.02
-126.04%
0.06
+377.05%
-0.02
Net Income Including Noncontrolling Interests
-0.69
+70.24%
-2.31
-160.46%
-0.89
-57.81%
-0.56
Net Income From Continuing Operation Net Minority Interest
-0.69
+70.24%
-2.31
-160.46%
-0.89
-57.81%
-0.56
Net Income From Continuing And Discontinued Operation
-0.69
+70.24%
-2.31
-160.46%
-0.89
-57.81%
-0.56
Net Income Continuous Operations
-0.69
+70.24%
-2.31
-160.46%
-0.89
-57.81%
-0.56
Normalized Income
-0.70
+68.77%
-2.25
-81.41%
-1.24
-150.13%
-0.50
Net Income Common Stockholders
-0.69
+70.24%
-2.31
-160.46%
-0.89
-57.81%
-0.56
Diluted EPS
—
-0.37
-164.29%
-0.14
-55.56%
-0.09
Basic EPS
—
-0.37
-164.29%
-0.14
-55.56%
-0.09
Basic Average Shares
—
6.19
-1.07%
6.26
-3.00%
6.46
Diluted Average Shares
—
6.19
-1.07%
6.26
-3.00%
6.46
Diluted NI Availto Com Stockholders
-0.69
+70.24%
-2.31
-160.46%
-0.89
-57.81%
-0.56
Depreciation Amortization Depletion Income Statement
0.65
-12.67%
0.74
+24.11%
0.60
+33.29%
0.45
Depreciation And Amortization In Income Statement
0.65
-12.67%
0.74
+24.11%
0.60
+33.29%
0.45
Earnings From Equity Interest
-0.30
+26.66%
-0.42
-19.59%
-0.35
-78.16%
-0.19
Gain On Sale Of PPE
0.24
-3.11%
0.25
-19.40%
0.31
0.00
Rent And Landing Fees
1.28
-8.63%
1.40
+6.89%
1.31
+14.37%
1.15
Rent Expense Supplemental
1.28
-8.63%
1.40
+6.89%
1.31
+14.37%
1.15
Line Item Trend 2024-12-31 2023-12-31 2022-12-31
Total Assets
12.00
-17.88%
14.61
-12.88%
16.77
Current Assets
5.00
-30.84%
7.23
-18.45%
8.86
Cash Cash Equivalents And Short Term Investments
4.27
-36.18%
6.69
-17.83%
8.14
Cash And Cash Equivalents
1.95
-63.18%
5.30
+146.47%
2.15
Cash Financial
—
—
2.15
Other Short Term Investments
2.32
+66.63%
1.39
-76.78%
5.99
Receivables
0.07
+141.71%
0.03
-62.65%
0.08
Accounts Receivable
0.07
+141.71%
0.03
-62.65%
0.08
Inventory
0.27
+35.40%
0.20
+27.14%
0.16
Finished Goods
0.00
—
—
Prepaid Assets
—
—
0.04
Current Deferred Assets
0.01
—
—
Assets Held For Sale Current
0.26
+0.00%
0.26
-42.05%
0.45
Other Current Assets
0.12
+148.95%
0.05
+26.34%
0.04
Total Non Current Assets
7.00
-5.19%
7.38
-6.64%
7.91
Net PPE
5.07
+0.62%
5.04
-4.96%
5.30
Gross PPE
8.97
+6.43%
8.42
+1.02%
8.34
Accumulated Depreciation
-3.90
-15.07%
-3.39
-11.46%
-3.04
Properties
0.00
0.00
0.00
Land And Improvements
0.44
+0.00%
0.44
-10.30%
0.49
Buildings And Improvements
2.92
+18.35%
2.46
+2.56%
2.40
Other Properties
5.61
+1.62%
5.53
+1.35%
5.45
Goodwill And Other Intangible Assets
1.16
+9.16%
1.07
-5.23%
1.13
Goodwill
0.80
+18.62%
0.67
+0.00%
0.67
Other Intangible Assets
0.37
-6.91%
0.40
-12.97%
0.45
Investments And Advances
0.30
-57.65%
0.72
-47.50%
1.37
Long Term Equity Investment
0.30
-57.65%
0.72
—
Non Current Deferred Assets
0.00
-100.00%
0.21
+237.70%
0.06
Non Current Deferred Taxes Assets
0.00
-100.00%
0.21
+237.70%
0.06
Other Non Current Assets
0.04
-23.70%
0.05
-3.34%
0.05
Total Liabilities Net Minority Interest
5.03
-7.17%
5.42
-18.08%
6.62
Current Liabilities
1.44
-6.91%
1.55
-27.35%
2.13
Payables And Accrued Expenses
0.93
+6.36%
0.87
-0.74%
0.88
Payables
0.72
+2.66%
0.70
-4.96%
0.73
Accounts Payable
0.61
+10.23%
0.56
+23.77%
0.45
Current Accrued Expenses
0.21
+21.18%
0.17
+20.78%
0.14
Pensionand Other Post Retirement Benefit Plans Current
0.02
-87.09%
0.14
+78.12%
0.08
Total Tax Payable
0.10
-26.88%
0.14
-50.12%
0.29
Income Tax Payable
—
—
0.00
Current Debt And Capital Lease Obligation
0.46
-10.70%
0.51
-55.35%
1.15
Current Debt
0.19
-38.17%
0.30
-68.80%
0.96
Other Current Borrowings
0.19
-38.17%
0.30
-68.80%
0.96
Current Capital Lease Obligation
0.27
+27.49%
0.22
+11.32%
0.19
Current Deferred Liabilities
0.04
+43.14%
0.03
+3.39%
0.03
Current Deferred Revenue
0.04
+43.14%
0.03
+3.39%
0.03
Total Non Current Liabilities Net Minority Interest
3.59
-7.28%
3.87
-13.68%
4.48
Long Term Debt And Capital Lease Obligation
3.59
-7.28%
3.87
-13.68%
4.48
Long Term Debt
2.09
-7.86%
2.27
-14.62%
2.66
Long Term Capital Lease Obligation
1.50
-6.46%
1.60
-12.30%
1.83
Non Current Deferred Liabilities
—
—
0.00
Non Current Deferred Taxes Liabilities
—
—
0.00
Other Non Current Liabilities
—
—
—
Stockholders Equity
6.97
-24.20%
9.19
-9.49%
10.15
Common Stock Equity
6.97
-24.20%
9.19
-9.49%
10.15
Capital Stock
0.01
-1.46%
0.01
-2.35%
0.01
Common Stock
0.01
-1.46%
0.01
-2.35%
0.01
Preferred Stock
0.00
0.00
0.00
Share Issued
6.46
+0.00%
6.46
+0.00%
6.46
Ordinary Shares Number
6.15
-1.46%
6.25
-2.35%
6.40
Treasury Shares Number
0.31
+42.51%
0.21
+230.77%
0.07
Additional Paid In Capital
11.81
+1.99%
11.58
+1.53%
11.41
Retained Earnings
-4.36
-112.75%
-2.05
-76.33%
-1.16
Treasury Stock
0.50
+39.94%
0.36
+234.11%
0.11
Total Equity Gross Minority Interest
6.97
-24.20%
9.19
-9.49%
10.15
Total Capitalization
9.06
-20.96%
11.46
-10.56%
12.81
Working Capital
3.56
-37.37%
5.68
-15.63%
6.73
Invested Capital
9.24
-21.40%
11.76
-14.61%
13.77
Total Debt
4.05
-7.68%
4.38
-22.20%
5.64
Net Debt
0.32
—
1.47
Capital Lease Obligations
1.77
-2.43%
1.82
-10.03%
2.02
Net Tangible Assets
5.80
-28.58%
8.12
-10.03%
9.03
Tangible Book Value
5.80
-28.58%
8.12
-10.03%
9.03
Investmentsin Subsidiariesat Cost
0.30
-57.65%
0.72
—
Non Current Note Receivables
0.42
+39.47%
0.30
—
Other Inventories
0.27
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
0.28
+139.93%
-0.71
-175.71%
-0.26
-222.19%
0.21
Cash Flow From Continuing Operating Activities
0.28
+139.93%
-0.71
-175.71%
-0.26
-222.19%
0.21
Net Income From Continuing Operations
-0.69
+70.24%
-2.31
-160.46%
-0.89
-57.81%
-0.56
Depreciation Amortization Depletion
0.65
-12.67%
0.74
+24.11%
0.60
+33.29%
0.45
Depreciation
—
—
0.54
+30.98%
0.41
Amortization Cash Flow
—
—
0.06
+59.00%
0.04
Depreciation And Amortization
0.65
-12.67%
0.74
+24.11%
0.60
+33.29%
0.45
Amortization Of Intangibles
—
—
0.06
+59.00%
0.04
Other Non Cash Items
0.04
+58.59%
0.03
+116.25%
-0.16
-948.81%
0.02
Stock Based Compensation
0.14
-38.83%
0.23
+32.47%
0.17
+46.59%
0.12
Asset Impairment Charge
0.74
+97.84%
0.37
—
—
Deferred Tax
0.00
-100.00%
0.21
+242.07%
-0.14
+19.44%
-0.18
Deferred Income Tax
0.00
-100.00%
0.21
+242.07%
-0.14
+19.44%
-0.18
Operating Gains Losses
-0.32
-384.85%
0.11
+751.08%
0.01
-90.15%
0.13
Gain Loss On Investment Securities
-0.38
-165.64%
-0.14
-521.65%
-0.02
+51.67%
-0.05
Unrealized Gain Loss On Investment Securities
-0.13
-237.84%
0.09
+216.62%
-0.08
-192.73%
0.09
Gain Loss On Sale Of PPE
—
—
-0.31
0.00
Change In Working Capital
-0.15
+20.49%
-0.19
-180.18%
0.23
+56.85%
0.15
Change In Receivables
0.01
+136.72%
-0.04
-184.47%
0.05
+1126.42%
-0.00
Change In Inventory
0.04
+772.41%
-0.01
+85.41%
-0.04
-88.10%
-0.02
Change In Prepaid Assets
0.10
+235.69%
-0.07
-614.54%
-0.01
+3.55%
-0.01
Change In Payables And Accrued Expense
-0.32
-365.54%
-0.07
-128.82%
0.24
+27.35%
0.19
Change In Accrued Expense
0.05
+146.37%
-0.11
-184.37%
0.13
-45.65%
0.24
Change In Payable
-0.37
-995.04%
0.04
-61.57%
0.11
+303.30%
-0.05
Change In Account Payable
-0.37
-995.04%
0.04
-61.57%
0.11
-31.92%
0.16
Change In Other Current Assets
0.02
0.00
—
—
Investing Cash Flow
-1.06
+51.46%
-2.18
-146.35%
4.71
+142.70%
-11.04
Cash Flow From Continuing Investing Activities
-1.06
+51.46%
-2.18
-146.35%
4.71
+142.70%
-11.04
Net PPE Purchase And Sale
-0.17
+65.00%
-0.49
-1.16%
-0.49
-2.09%
-0.48
Purchase Of PPE
-0.17
+65.00%
-0.49
-1.16%
-0.49
-2.09%
-0.48
Sale Of PPE
—
—
0.50
0.00
Capital Expenditure
-0.17
+65.00%
-0.49
-1.16%
-0.49
-2.09%
-0.48
Net Investment Purchase And Sale
-1.13
-28.33%
-0.88
-118.65%
4.71
+177.99%
-6.03
Purchase Of Investment
-5.21
-126.86%
-2.30
-331.43%
-0.53
+97.93%
-25.66
Sale Of Investment
4.08
+187.79%
1.42
-72.90%
5.24
-73.32%
19.63
Net Business Purchase And Sale
0.00
+100.00%
-0.94
0.00
+100.00%
-4.49
Purchase Of Business
0.00
+100.00%
-0.94
0.00
+100.00%
-4.49
Net Other Investing Changes
0.24
+83.64%
0.13
-73.79%
0.50
+1421.15%
-0.04
Financing Cash Flow
-0.33
+26.87%
-0.45
+65.44%
-1.30
-320.82%
0.59
Cash Flow From Continuing Financing Activities
-0.33
+26.87%
-0.45
+65.44%
-1.30
-320.82%
0.59
Net Issuance Payments Of Debt
-0.19
+36.50%
-0.30
+71.72%
-1.05
-269.20%
0.62
Issuance Of Debt
—
—
—
0.79
Repayment Of Debt
-0.19
+36.50%
-0.30
+71.72%
-1.05
-525.33%
-0.17
Long Term Debt Issuance
—
—
—
0.79
Long Term Debt Payments
-0.19
-3.91%
-0.18
+51.86%
-0.38
-124.53%
-0.17
Net Long Term Debt Issuance
-0.19
-3.91%
-0.18
+51.86%
-0.38
-160.75%
0.62
Short Term Debt Payments
0.00
+100.00%
-0.12
+82.84%
-0.68
—
Net Short Term Debt Issuance
0.00
+100.00%
-0.12
+82.84%
-0.68
—
Net Common Stock Issuance
0.00
+100.00%
-0.14
+43.00%
-0.25
-134.11%
-0.11
Common Stock Payments
0.00
+100.00%
-0.14
+43.00%
-0.25
-134.11%
-0.11
Repurchase Of Capital Stock
0.00
+100.00%
-0.14
+43.00%
-0.25
-134.11%
-0.11
Proceeds From Stock Option Exercised
—
—
0.00
-100.00%
0.07
Net Other Financing Charges
-0.14
-1304.50%
-0.01
—
—
Changes In Cash
-1.11
+67.00%
-3.35
-206.32%
3.15
+130.78%
-10.24
Beginning Cash Position
1.95
-63.18%
5.30
+146.47%
2.15
-82.64%
12.39
End Cash Position
0.85
-56.64%
1.95
-63.18%
5.30
+146.47%
2.15
Free Cash Flow
0.11
+109.27%
-1.21
-61.62%
-0.75
-180.26%
-0.27
Interest Paid Supplemental Data
0.08
-17.21%
0.09
+9.05%
0.09
-21.44%
0.11
Income Tax Paid Supplemental Data
—
—
0.00
-100.00%
0.21
Change In Income Tax Payable
—
—
0.00
+100.00%
-0.21
Change In Tax Payable
—
—
0.00
+100.00%
-0.21
Common Stock Issuance
—
—
—
0.00
Earnings Losses From Equity Investments
0.30
-26.66%
0.42
+19.84%
0.35
+77.80%
0.19
Issuance Of Capital Stock
—
—
—
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category