Ark Restaurants Corp. (ARKR) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+537.1%

$30.90

vs $4.85 price

Levered DCF

$34.00

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

1.41

Distress zone

Rating

B-

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-2.3×	-10.81×	-9.24×	7.12×	4.22×	-8.59×	26.43×	17.24×
P/B	0.8×	0.95×	1.09×	1.11×	1.08×	1.1×	1.69×	1.89×
P/S	0.16×	0.23×	0.3×	0.36×	0.41×	0.38×	0.44×	0.5×
EV / EBITDA	-6,295.84×	215.96×	234.72×	9.53×	5.73×	-42.33×	10.55×	9.46×
Gross margin	35.6%	37.1%	37.3%	38.7%	38.2%	34.7%	38.3%	38.3%
Operating margin	-0.8%	1.7%	2.8%	5.4%	4.7%	-7.3%	2.0%	3.1%
Net margin	-6.9%	-2.1%	-3.2%	5.1%	9.8%	-4.4%	1.6%	2.9%
Current ratio	0.77×	0.63×	0.79×	1.12×	1.08×	0.89×	0.76×	0.74×
Debt / equity	2.62×	2.17×	2.13×	2.15×	1.81×	2.77×	0.63×	0.5×
Interest coverage	-3.22×	4.96×	4.16×	8.28×	5.05×	-5.49×	2.26×	4.33×
Dividend yield	0.0%	4.8%	4.1%	1.4%	0.0%	4.3%	4.9%	4.3%
Payout ratio	0.0%	-52.1%	-38.0%	9.6%	0.0%	-37.3%	130.1%	74.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-35.0%	-8.8%	-11.8%	15.5%	25.6%	-12.8%	6.4%	11.0%
Return on invested capital	-1.1%	1.8%	3.2%	4.6%	4.0%	-2.9%	4.1%	7.4%
Return on assets	-8.6%	-2.5%	-3.3%	4.4%	8.0%	-3.1%	2.8%	5.5%
Free cash flow yield	-5.7%	5.2%	8.3%	26.7%	13.1%	-17.4%	10.2%	5.6%
Earnings yield	-43.6%	-9.3%	-10.8%	14.0%	23.7%	-11.6%	3.8%	5.8%
Enterprise value	$100.7M	$127.6M	$148.8M	$171.3M	$126.5M	$124.5M	$90.1M	$96.2M
Net debt / EBITDA	-4,651.06×	144.73×	148.16×	5.85×	3.26×	-28.64×	2.26×	1.58×
Cash conversion cycle (days)	-4	0	4	5	6	8	3	-0