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BTBD
Upturn stock rating

Bt Brands Inc (BTBD)

Upturn stock rating
$1.74
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

10/22/2025: BTBD (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -61.33%
Avg. Invested days 33
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/22/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 8.19M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 0.82
52 Weeks Range 1.00 - 2.02
Updated Date 06/29/2025
52 Weeks Range 1.00 - 2.02
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.35

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -14.77%
Operating Margin (TTM) -9.04%

Management Effectiveness

Return on Assets (TTM) -6.86%
Return on Equity (TTM) -28.39%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 8075556
Price to Sales(TTM) 0.55
Enterprise Value 8075556
Price to Sales(TTM) 0.55
Enterprise Value to Revenue 0.54
Enterprise Value to EBITDA 38.53
Shares Outstanding 6154720
Shares Floating 3152942
Shares Outstanding 6154720
Shares Floating 3152942
Percent Insiders 48.77
Percent Institutions 1.1

ai summary icon Upturn AI SWOT

Bt Brands Inc

stock logo

Company Overview

overview logo History and Background

BT Brands, Inc. was formerly known as Bitcoin Generation, Inc. The company was incorporated in 1987 and is based in Fargo, North Dakota. It engages in the retail and restaurant operations, marketing products, and franchising concepts. It owns Famous Daveu2019s restaurants.

business area logo Core Business Areas

  • Restaurant Operations: Owning and operating Famous Dave's restaurants. Involved in all aspects of restaurant management, including food preparation, customer service, and overall operations.
  • Franchising: Franchising the Famous Dave's concept to other operators, generating revenue through franchise fees and royalties.
  • Marketing: Marketing and promotion of restaurant offerings and branded products.

leadership logo Leadership and Structure

The leadership team consists of Ryan Preece (CEO) and the company has a fairly standard corporate structure with a board of directors and various management positions overseeing different aspects of the business.

Top Products and Market Share

overview logo Key Offerings

  • Famous Dave's Restaurants: Chain of BBQ restaurants. Market share data is difficult to pinpoint exactly, but falls within the highly fragmented casual dining market. Competitors include Texas Roadhouse (TXRH), Outback Steakhouse (BLMN), and other regional and national BBQ chains. Revenue from restaurant sales forms the bulk of the revenue.
  • Franchise Agreements: The licensing and support provided to restaurant franchisees. Revenue generated by franchise fees and ongoing royalties. Competitors are any restaurant franchisors.
  • Take-out and Catering Services: Expanding take-out and catering services for large event. Competitors include any companies involved in take-out and catering.

Market Dynamics

industry overview logo Industry Overview

The restaurant industry is highly competitive and subject to fluctuations in consumer spending, food costs, and labor market conditions. Trends include increased demand for online ordering and delivery, as well as a focus on health and sustainability.

Positioning

Bt Brands is positioned as a regional BBQ restaurant chain that focuses on traditional BBQ offerings. It competes in the casual dining segment and aims to differentiate itself through the quality of its food and the dining experience.

Total Addressable Market (TAM)

The total addressable market for casual dining in the US is estimated to be in the hundreds of billions of dollars annually. BT Brands TAM share is very small.

Upturn SWOT Analysis

Strengths

  • Established Brand Recognition (Famous Dave's)
  • Franchise Model for Expansion
  • Focus on BBQ Cuisine
  • Experienced Management Team

Weaknesses

  • Limited Geographic Presence
  • Dependence on Single Brand
  • Competition in Crowded Market
  • Financial Instability

Opportunities

  • Expansion into New Markets
  • Increased Focus on Online Ordering and Delivery
  • Development of New Menu Items
  • Strategic Acquisitions

Threats

  • Rising Food Costs
  • Increased Competition
  • Changes in Consumer Preferences
  • Economic Downturn

Competitors and Market Share

competitor logo Key Competitors

  • TXRH
  • BLMN
  • DIN

Competitive Landscape

BT Brands faces fierce competition in the casual dining sector and operates on a smaller scale than many of its major competitors.

Major Acquisitions

Real American Restaurants, Inc.

  • Year: 2023
  • Acquisition Price (USD millions): 1.3
  • Strategic Rationale: Acquisition of Real American Restaurants, Inc. operating the Roadhouse Steaks brand, for expansion.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been inconsistent due to small size and many challenges.

Future Projections: Future growth projections are not available, but company is working on improvement.

Recent Initiatives: Recent initiatives include optimization and improved processes.

Summary

BT Brands is a small company operating in the competitive restaurant industry with a focus on BBQ. The company's strengths lie in the Famous Dave's brand, while weaknesses include its small size and inconsistent financial performance. Growth opportunities exist through market expansion and strategic initiatives, but it is susceptible to economic downturns and changes in consumer habits. A closer look at their financials is advised before investing.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Market Research Reports
  • Financial News Outlets

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Data may be outdated and should be verified independently. Market data and market share estimations are based on available public information. Actual values may vary.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Bt Brands Inc

Exchange NASDAQ
Headquaters West Fargo, ND, United States
IPO Launch date 2021-11-12
CEO & Director Mr. Gary W. Copperud
Sector Consumer Cyclical
Industry Restaurants
Full time employees 40
Full time employees 40

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.