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FAT logo FAT
Upturn stock rating
FAT logo

FAT Brands Inc (FAT)

Upturn stock rating
$2.07
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

10/15/2025: FAT (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.

Number of Analysts

rating

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $12.5

1 Year Target Price $12.5

Analysts Price Target For last 52 week
$12.5 Target price
52w Low $1.75
Current$2.07
52w High $4.1

Analysis of Past Performance

Type Stock
Historic Profit 36.11%
Avg. Invested days 53
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/15/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 35.76M USD
Price to earnings Ratio -
1Y Target Price 12.5
Price to earnings Ratio -
1Y Target Price 12.5
Volume (30-day avg) 2
Beta 1.19
52 Weeks Range 1.75 - 4.10
Updated Date 10/17/2025
52 Weeks Range 1.75 - 4.10
Updated Date 10/17/2025
Dividends yield (FY) 14.00%
Basic EPS (TTM) -12.71

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -36.77%
Operating Margin (TTM) -10.59%

Management Effectiveness

Return on Assets (TTM) -2.03%
Return on Equity (TTM) -157.2%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 1518070076
Price to Sales(TTM) 0.06
Enterprise Value 1518070076
Price to Sales(TTM) 0.06
Enterprise Value to Revenue 2.63
Enterprise Value to EBITDA 42.7
Shares Outstanding 16614400
Shares Floating 5536008
Shares Outstanding 16614400
Shares Floating 5536008
Percent Insiders 68.75
Percent Institutions 7.32

ai summary icon Upturn AI SWOT

FAT Brands Inc

stock logo

Company Overview

overview logo History and Background

FAT (Fresh. Authentic. Tasty.) Brands Inc. was founded in 2017 by Andy Wiederhorn. It acquires, develops, and manages quick-service, fast-casual, casual dining, and polished casual dining restaurant brands worldwide. The company has grown through acquisitions of various restaurant chains.

business area logo Core Business Areas

  • Franchising: FAT Brands operates through a franchising model, collecting franchise fees and royalties from its franchisees.
  • Restaurant Operations: While primarily a franchisor, FAT Brands also owns and operates a limited number of restaurants.
  • Branding and Licensing: FAT Brands leverages its brand portfolio through licensing agreements and brand extensions.

leadership logo Leadership and Structure

Andy Wiederhorn is the Chairman of the Board. The company has a hierarchical structure with various department heads overseeing different aspects of the business, including franchise development, operations, and marketing.

Top Products and Market Share

overview logo Key Offerings

  • Fatburger: A fast-casual hamburger chain. Market share data is not precisely available as FAT Brands doesn't break it down per brand. Competitors include Five Guys, In-N-Out Burger (regional), and Shake Shack.
  • Johnny Rockets: A retro-themed diner chain. Competitors include Steak 'n Shake, Denny's, and local diner chains.
  • Twin Peaks: A sports lodge restaurant chain. Competitors include Hooters, Tilted Kilt, and other sports bar chains.
  • Round Table Pizza: A pizza chain focused on providing quality products. Dominoes and Pizza Hut are competitors in the pizza market.

Market Dynamics

industry overview logo Industry Overview

The restaurant industry is highly competitive, with trends including online ordering, delivery services, and a focus on healthier options. Inflation and supply chain disruptions are current challenges.

Positioning

FAT Brands positions itself as a multi-brand franchisor with a diverse portfolio of restaurant concepts, providing stability and growth potential.

Total Addressable Market (TAM)

The global fast-food market size was valued at $727.60 billion in 2023 and is projected to reach $993.39 billion by 2032. FAT Brands aims to capture a portion of this TAM through its diverse portfolio.

Upturn SWOT Analysis

Strengths

  • Diverse brand portfolio
  • Franchise-based model providing stable revenue
  • Established brand recognition for several of its brands

Weaknesses

  • High debt levels
  • Sensitivity to consumer spending habits
  • Dependence on franchise success
  • Past accounting controversy

Opportunities

  • Expansion into new geographic markets
  • Acquisition of additional restaurant brands
  • Growth in online ordering and delivery
  • Capitalizing on current growth in the fast casual space

Threats

  • Increased competition in the restaurant industry
  • Rising food and labor costs
  • Changes in consumer preferences
  • Economic downturns affecting consumer spending
  • Increased interest rates increasing cost of debt.

Competitors and Market Share

competitor logo Key Competitors

  • DRI
  • TXRH
  • RUTH
  • CAKE
  • BLMN

Competitive Landscape

FAT Brands competes with a diverse range of restaurant companies, from large chains to smaller regional players. Its multi-brand strategy is both a strength and a weakness, requiring significant management oversight.

Major Acquisitions

Global Franchise Group

  • Year: 2021
  • Acquisition Price (USD millions): 380
  • Strategic Rationale: Expanded FAT Brands' portfolio with five additional franchise brands, including Great American Cookies and Round Table Pizza.

Growth Trajectory and Initiatives

Historical Growth: Growth primarily driven by acquisitions of new restaurant brands.

Future Projections: Future growth dependent on successful integration of acquired brands and expansion of existing franchises. Analyst estimates vary.

Recent Initiatives: Focus on streamlining operations, improving same-store sales, and expanding franchise network.

Summary

FAT Brands operates a franchise-centric model, and is growing primarily through acquisitions, resulting in a large brand portfolio. The company's high debt and past accounting issues present challenges, but new initiatives and geographic expansion offer opportunities. Its sensitivity to economic conditions and competition requires careful management. Their multi-brand strategy can create resilience through diversity.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Market Research Reports
  • Financial News Outlets
  • Company Website

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on your own research and due diligence. Market data is subject to change.

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 FAT Brands Inc

Exchange NASDAQ
Headquaters Beverly Hills, CA, United States
IPO Launch date 2017-10-23
Founder, President, CEO, Outside Consultant & Strategic Advisor and Chairman Mr. Andrew A. Wiederhorn
Sector Consumer Cyclical
Industry Restaurants
Full time employees 2089
Full time employees 2089

FAT Brands Inc., a multi-brand restaurant franchising company, acquires, develops, markets, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts in the United States, Canada, and internationally. It owns restaurant brands, including Round Table Pizza, Marble Slab Creamery, Great American Cookies, Hot Dog on a Stick, Pretzelmaker, Fazoli's, Fatburger, Johnny Rockets, Elevation Burger, Yalla Mediterranean, Buffalo's Cafe and Buffalo's Express, Hurricane Grill & Wings, Ponderosa Steakhouse/Bonanza Steakhouse, Native Grill & Wings, Smokey Bones, and Twin Peaks. The company was incorporated in 2017 and is headquartered in Beverly Hills, California. FAT Brands Inc. operates as a subsidiary of Fog Cutter Holdings, LLC.