BT Brands, Inc. (BTBD) vs TH International Limited (THCH)

BT Brands, Inc. and TH International Limited are both Restaurants companies. TH International Limited is the larger, with a market value of $36.9M against $11.2M — 3.3× the size. TH International Limited grew revenue faster over the last twelve months: −5.18% against −11.4%. BT Brands, Inc. has the higher net margin (−4.57% vs −42.1%) and the higher return on invested capital (−1.71% vs −186.8%). Across the 16 metrics below, BT Brands, Inc. leads on 11 and TH International Limited on 5.

Valuation

Metric BTBD THCH Restaurants median
P/E n/m n/m 22.14
P/S 0.93 0.24 0.91
P/B 1.89 n/m 2.01
Price to free cash flow 17.14 n/m 19.41
EV/EBITDA 17.40 n/m 11.48
EV/Sales 0.74 1.51 1.20
Earnings yield (4.64%) (170.99%) 2.30%
Free cash flow yield 5.84% (147.87%) 3.92%

Profitability

Metric BTBD THCH Restaurants median
Gross margin 19.75% 62.89% 38.77%
Operating margin (0.83%) (26.20%) 4.30%
Net margin (4.57%) (42.09%) 1.85%
Free cash flow margin 5.43% (0.02%) 3.12%
Return on equity (8.95%) 43.26% 3.07%
Return on assets (5.42%) (42.85%) 1.50%
Return on invested capital (1.71%) (186.84%) 3.14%

Growth

Metric BTBD THCH Restaurants median
Revenue growth (TTM) (11.44%) (5.18%) 5.16%
EPS growth (last fiscal year) 70.27% (9.77%) —
Revenue growth, 5-year CAGR 10.57% — 10.57%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BTBD THCH Restaurants median
Debt to equity 0.31 (1.16) 0.10
Current ratio 4.48 0.28 0.81
Net debt to EBITDA (8.16) (8.12) 0.43

Dividend

Metric BTBD THCH Restaurants median
Dividend yield — — 2.32%
Payout ratio 0.00 0.00 0.00

Size

Metric BTBD THCH Restaurants median
Market cap 11.16m 36.87m 482.66m

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