Good Times Restaurants Inc logo

Good Times Restaurants Inc(GTIM)

upturn advisory logo
ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
2-STAR RATING
Consider higher Upturn Star rating
BUY for 113 days
PROFIT SINCE LAST BUY
+18.9% ▲
LAST CLOSE
$1.51
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close

Advisory Performance History (Simulated)Advisory Performance History info

Upturn Advisory & Investor View for GTIM

09/25/2026: GTIM (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Good Times Restaurants Inc is a small-cap operator of two distinct concepts, the regional quick-service Good Times Burgers and the upscale casual Bad Daddy's Burger Bar. The company's primary strength lies in its diversified revenue streams and established brand presence in Colorado. Its main investment narrative centers on potential growth through expanding the Bad Daddy's footprint and improving digital engagement. However, the company faces significant risks from intense competition, thin profit margins vulnerable to inflation, and limited capital resources compared to national chains. The stock may suit investors seeking exposure to the restaurant industry who prioritize growth-oriented niches over dividend income and are comfortable with the inherent volatility of small-cap restaurant equities.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company offers potential for unit growth, but this is constrained by limited capital and market size.
Momentum investorWeak fitThe stock often lacks the sustained volume and trend strength required by momentum strategies.
Value investorMixed fitValuation may appear attractive in isolation, but fundamental consistency is required to justify a deep-value play.
Dividend investorWeak fitThe company does not pay dividends, making it unsuitable for income-focused portfolios.
Low-risk investorWeak fitSmall-cap restaurant stocks carry inherent business and market volatility that may exceed low-risk mandates.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock's small-cap nature often leads to wider price swings based on relatively low volume.
Valuation riskMediumMarket pricing can fluctuate based on perceived growth potential versus realized store performance.
Competition riskHighThe burger segment is saturated, with massive competition from established national fast-food giants.
Business qualityMediumThe franchise and corporate-owned model provides stable cash flows but requires constant operational excellence.
Dividend incomeLow / noneInvestors should expect zero income from dividends, as all capital is reinvested or used for debt.
Execution riskMedium / highSuccessful growth depends on site selection and maintaining consistency across two distinct restaurant brands.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Smooth
PRICE STABILITY

Smooth

The stock has moved along a generally orderly path with only modest fluctuations.

Analysis of Past Performance

Type Stock
Historic Profit 9.24%
Avg. Invested days 66
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
GTIM receives a 2-star rating, supported by available scored pillars. The rating is constrained by weak unit economics, and weak price momentum.

Company Fundamentals

★★★★★
GTIM has moderate overall fundamentals (3 stars), with soft financial health, soft growth momentum, and solid ownership. In FY2025 versus FY2024, growth and ownership metrics are mixed: negative earnings growth (-36.5%), soft cash generation (FCF margin -1.0%), slightly negative revenue growth (-0.5%).

Financial Health Rating

★★★★★
GTIM's financial health is supported by moderate efficiency, including operating-expense and cost-of-revenue discipline (opex 9.3% of revenue). Profitability is soft (2 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
GTIM's growth profile is soft, with the least-weak measure being revenue growth at -0.5% FY2025 versus FY2024. By comparison, while earnings growth (-36.5%, negative) and free-cash-flow growth (-173.1%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 11.5% and approximately 79.8% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 25.58% supports management-shareholder alignment.

Top 5 Institutional Investors

Vanguard Capital Management, LLC 3.75%
Renaissance Technologies Corp 2.11%
Bridgeway Capital Management, LLC 1.51%
Geode Capital Management, LLC 0.73%
Empowered Funds, LLC 0.55%

Unit Economics (Per $1K Revenue)

★★★★★
GTIM generates approximately $96 of gross profit, $2 of operating income, and $-10 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: -300.73% (Tax Credit)

Quantitative Style Profile

★★★★★
GTIM has a liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedLow VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 15.84M USD
Price to earnings Ratio 7.14
1Y Target Price 5
Price to earnings Ratio 7.14
1Y Target Price 5
Volume (30-day avg) 46.6K shares
Beta 0.6
52 Weeks Range 1.10 - 2.09
Updated Date 09/25/2026
52 Weeks Range 1.10 - 2.09
Updated Date 09/25/2026
Dividends yield (FY) -
Basic EPS (TTM) 0.21

How Company Makes Money

Business areaWhat it includesRetail investor read
Company-Owned RestaurantsRevenue generated directly from food and beverage sales at company-operated Good Times and Bad Daddy's locations.The primary source of revenue is the actual selling of food to customers in restaurants.
Franchise OperationsRoyalties and fees collected from third-party operators of Good Times locations.Small portion of income comes from allowing others to run restaurants using the company's brand.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Advertisement

Valuation

Trailing PE 7.14
Forward PE 30.58
Enterprise Value 48.22M
Price to Sales(TTM) 0.12
Enterprise Value 48.22M
Price to Sales(TTM) 0.12
Enterprise Value to Revenue 0.36
Enterprise Value to EBITDA 8.71
Shares Outstanding 10.56M
Shares Floating 8.42M
Shares Outstanding 10.56M
Shares Floating 8.42M
Percent Insiders 25.58
Percent Institutions 11.51

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Good Times Restaurants Inc

Exchange NASDAQ
Headquarters Golden, CO, United States
IPO Launch date 1990-06-21
President, CEO & Director Mr. Ryan M. Zink
Sector Consumer Cyclical
Industry Restaurants
Full time employees 2078
Full time employees 2078

Good Times Restaurants Inc., through its subsidiaries, engages in the restaurant business in the United States. It owns, operates, and franchises Good Times Burgers & Frozen Custard, a quick-service drive-through dining restaurant; and owns, operates, franchises, and licenses Bad Daddy's Burger Bar, a full-service upscale casual dining restaurant. Good Times Restaurants Inc. was incorporated in 1987 and is based in Golden, Colorado.