Event-Driven Stocks

NATHANS FAMOUS, INC.

NATHNasdaq

Consumer Discretionary · Retail-Eating Places · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 5 good● 1 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$148.2M$138.6M$130.8M$114.9M$75.8M$103.3M
Operating income$36.5M$32.5M$34.4M$29.9M$25.5M$27.2M
Net income$24.0M$19.6M$19.6M$13.6M$11.1M$13.4M
Total assets$53.5M$48.9M$58.6M$78.5M$108.8M$105.3M
Total liabilities$70.0M$81.8M$103.2M$133.5M$171.3M$171.7M
Equity−$16.5M−$32.9M−$44.6M−$55.0M−$62.5M−$66.4M
EPS (diluted)$5.87$4.80$4.80$3.30$2.69$3.19
Shares out.4.1M4.1M4.1M4.1M4.1M4.1M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
24.6%
Net margin
16.2%
Return on equity
−145.5%
Return on assets
44.9%
Return on capital (ROCE)
99.4%
Liabilities / assets
130.9%
Debt / equity
—
Book value / share
$-4.04
Revenue growth (YoY)
6.9%
Net income growth (YoY)
22.5%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
8.22safe
Accruals / assets
−2.3%clean
Piotroski F-Score
7/9strong

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
79
/ 100
Profitability 80Growth 100Catalyst 67Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 1 severe● 1 warning● 5 good
  • Negative shareholder equity
  • High leverage (liabilities > 70% of assets)
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 2026149,4446.1+3.3%
Apr 30, 2026144,6766.7+2.7%
Apr 15, 2026140,8347.7-1.1%
Mar 31, 2026142,4506.5+7.5%
Mar 13, 2026132,5023.9+33.5%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)