The ONE Group Hospitality, Inc. (STKS) Key Metrics
STKS valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $38.3M
- Enterprise value
- $914.9M
- P/E (TTM)
- — 10-yr median 15.8
- Forward P/E
- 7.5
- PEG ratio
- 18.58
- Price / sales
- 0.0 10-yr median 0.8
- Price / book
- 3.5 10-yr median 3.9
- EV / EBITDA
- 11.1 10-yr median 13.9
- Dividend yield
- —
- Beta
- 1.35
STKS key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsSTKS valuation Price multiples at each fiscal year-end price.
STKS returns How much profit the business earns on the capital it uses.
STKS per-share figures Results divided by the shares outstanding at year-end.
STKS financial health Debt, liquidity and how easily interest is covered.
STKS efficiency & capital use Working capital cycle and where the cash goes.
STKS valuation history
STKS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
STKS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
STKS cash returned to shareholders
STKS price vs earnings per share
STKS key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $54.3M | $90.3M | $197.6M | $213.4M | $426.1M | $107.0M | $107.9M | $86.3M | $60.7M | $55.7M |
| Enterprise value | $701.2M | $703.8M | $375.8M | $341.9M | $535.2M | $241.7M | $244.2M | $95.1M | $72.5M | $71.1M |
| P/E ratio | — | — | 41.9 | 15.8 | 13.6 | — | 5.2 | 26.4 | — | — |
| Price / sales | 0.1 | 0.1 | 0.6 | 0.7 | 1.5 | 0.8 | 0.9 | 1.0 | 0.8 | 0.8 |
| Price / book | 0.5 | 0.4 | 2.9 | 3.1 | 6.9 | 4.6 | 3.1 | 6.9 | 8.1 | 6.9 |
| Price / free cash flow | — | — | — | — | 21.9 | — | 26.9 | 36.9 | 44.1 | — |
| Price / operating cash flow | 1.8 | 2.0 | 6.4 | 8.5 | 13.8 | 248.2 | 12.9 | 13.4 | 10.1 | 26.5 |
| EV / sales | 0.9 | 1.0 | 1.1 | 1.1 | 1.9 | 1.7 | 2.0 | 1.1 | 0.9 | 1.0 |
| EV / EBITDA | 13.7 | 17.3 | 11.0 | 13.0 | 13.9 | 34.7 | 18.0 | 11.2 | 184.5 | — |
| EV / free cash flow | — | — | — | — | 27.4 | — | 61.0 | 40.6 | 52.7 | — |
| Earnings yield | −169.9% | −17.5% | 2.4% | 6.3% | 7.4% | −12.0% | 19.3% | 3.8% | −6.9% | −30.0% |
| Free cash flow yield | −50.3% | −30.3% | −11.5% | −3.5% | 4.6% | −5.0% | 3.7% | 2.7% | 2.3% | −15.3% |
| Dividend yield | — | — | 0.0% | 0.1% | 0.8% | 0.1% | 0.0% | 0.2% | 0.7% | 0.0% |
| Shareholder yield (dividends + buybacks) | 2.0% | 3.5% | 4.0% | 3.4% | 0.9% | 0.2% | 0.1% | 0.2% | 0.7% | 0.0% |
| Share price at fiscal year-end | $1.75 | $2.90 | $6.12 | $6.30 | $12.61 | $3.70 | $3.64 | $3.07 | $2.39 | $2.22 |
| Per share | ||||||||||
| Revenue per share | $25.98 | $21.61 | $10.31 | $9.35 | $8.20 | $4.91 | $4.07 | $3.04 | $3.14 | $2.89 |
| Earnings per share | −$2.97 | −$0.51 | $0.15 | $0.40 | $0.93 | −$0.44 | $0.70 | $0.12 | −$0.17 | −$0.67 |
| Operating cash flow per share | $0.98 | $1.42 | $0.95 | $0.75 | $0.92 | $0.01 | $0.28 | $0.23 | $0.24 | $0.08 |
| Free cash flow per share | −$0.88 | −$0.88 | −$0.71 | −$0.22 | $0.58 | −$0.19 | $0.14 | $0.08 | $0.05 | −$0.34 |
| Cash per share | $0.13 | $0.89 | $0.65 | $1.63 | $0.70 | $0.84 | $0.42 | $0.06 | $0.06 | $0.06 |
| Book value per share | $3.72 | $6.59 | $2.14 | $2.06 | $1.82 | $0.80 | $1.16 | $0.44 | $0.29 | $0.32 |
| Tangible book value per share | −$5.46 | −$2.68 | $1.67 | $1.61 | $1.36 | $0.24 | $0.58 | $0.19 | $0.07 | $0.08 |
| Dividends per share | — | — | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.01 | $0.02 | $0.00 |
| Capex per share | $1.86 | $2.30 | $1.66 | $0.96 | $0.34 | $0.20 | $0.15 | $0.15 | $0.18 | $0.42 |
| Debt per share | $20.99 | $20.58 | $6.17 | $5.42 | $3.93 | $5.50 | $5.02 | $0.37 | $0.53 | $0.68 |
| Shares outstanding | 31.0M | 31.2M | 32.3M | 33.9M | 33.8M | 28.9M | 29.6M | 28.1M | 25.4M | 25.1M |
| Change in shares outstanding | −0.4% | −3.5% | −4.7% | +0.2% | +16.9% | −2.5% | +5.4% | +10.7% | +1.3% | +0.5% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −57.5% | −11.5% | 6.8% | 20.6% | 74.1% | −44.6% | 89.0% | 32.7% | −53.9% | −117.7% |
| Return on invested capital (ROIC) | 4.4% | 1.6% | 4.2% | 8.3% | 11.2% | −6.6% | 13.3% | 24.3% | −7.7% | −18.1% |
| Return on assets (ROA) | −10.0% | −2.5% | 1.6% | 5.2% | 14.1% | −6.1% | 15.9% | 6.0% | −7.9% | −30.6% |
| Return on tangible assets | −15.4% | −2.4% | 1.6% | 4.9% | 14.6% | −6.4% | 11.0% | 6.7% | −8.9% | −35.6% |
| Free cash flow margin | −3.4% | −4.1% | −6.8% | −2.3% | 7.0% | −3.8% | 3.3% | 2.7% | 1.7% | −11.7% |
| Income quality (OCF / net income) | — | — | 6.52 | 1.87 | 0.99 | — | 0.40 | 1.97 | — | — |
| Financial health | ||||||||||
| Total debt | $651.1M | $641.0M | $199.3M | $183.6M | $132.6M | $159.1M | $148.7M | $10.3M | $13.4M | $17.0M |
| Cash & short-term investments | $4.2M | $27.6M | $21.0M | $55.1M | $23.6M | $24.4M | $12.3M | $1.6M | $1.6M | $1.6M |
| Net debt | $646.9M | $613.4M | $178.2M | $128.5M | $109.0M | $134.7M | $136.3M | $8.7M | $11.8M | $15.4M |
| Debt / equity | 5.64 | 3.12 | 2.88 | 2.63 | 2.16 | 6.86 | 4.33 | 0.82 | 1.78 | 2.10 |
| Debt / assets | 0.74 | 0.67 | 0.63 | 0.63 | 0.58 | 0.74 | 0.72 | 0.18 | 0.25 | 0.32 |
| Net debt / EBITDA | 12.64 | 15.07 | 5.24 | 4.88 | 2.83 | 19.34 | 10.05 | 1.03 | 30.02 | — |
| Current ratio | 0.43 | 0.53 | 0.80 | 1.72 | 1.02 | 0.84 | 0.96 | 0.65 | 0.58 | 0.73 |
| Quick ratio | 0.35 | 0.44 | 0.70 | 1.59 | 0.92 | 0.78 | 0.86 | 0.57 | 0.50 | 0.63 |
| Interest coverage | 1.1 | 0.3 | 1.3 | 7.7 | 5.1 | -2.6 | 6.5 | 4.9 | -1.8 | -13.7 |
| Working capital | −$76.3M | −$61.8M | −$11.5M | $32.9M | $663,000 | −$6.4M | −$992,000 | −$6.3M | −$7.1M | −$3.8M |
| Invested capital | $762.4M | $818.7M | $247.4M | $198.2M | $170.5M | $157.9M | $170.6M | $21.2M | $19.3M | $23.5M |
| Tangible asset value | −$173.3M | −$86.3M | $52.1M | $53.3M | $45.0M | $5.7M | $16.7M | $4.8M | $794,000 | $1.3M |
| Net current asset value | −$715.8M | −$687.4M | −$203.2M | −$143.9M | −$126.4M | −$159.2M | −$145.5M | −$32.4M | −$36.7M | −$35.4M |
| Graham number | — | — | $2.65 | $4.30 | $6.16 | — | $4.28 | $1.08 | — | — |
| Graham net-net per share | −$23.78 | −$22.67 | −$6.58 | −$4.51 | −$3.99 | −$5.65 | −$5.09 | −$1.29 | −$1.58 | −$1.54 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | $1 | $138,000 | $3.6M | $88,000 | $4,000 | $163,000 | $409,000 | $0 |
| Share buybacks (net) | $1.1M | $3.2M | $7.9M | $7.1M | $37,000 | $126,000 | $88,000 | $0 | $0 | $0 |
| Dividend payout ratio | — | — | 0.0% | 1.0% | 11.5% | — | 0.0% | 5.0% | — | — |
| Dividends + buybacks / free cash flow | — | — | — | — | 18.7% | — | 2.3% | 7.0% | 29.7% | — |
| Capex / revenue | 7.1% | 10.6% | 16.1% | 10.3% | 4.1% | 4.1% | 3.6% | 4.8% | 5.8% | 14.7% |
| Capex / operating cash flow | 190.0% | 161.9% | 174.0% | 129.2% | 37.0% | 1,342.7% | 52.1% | 63.7% | 77.0% | 504.7% |
| Capex / depreciation | 1.33 | 2.10 | 3.42 | 2.69 | 1.06 | 0.57 | 0.81 | 1.45 | 1.51 | 4.01 |
| Stock-based compensation / revenue | 0.7% | 0.9% | 1.5% | 1.3% | 1.2% | 1.2% | 1.1% | 1.5% | 1.3% | 1.2% |
| SG&A / revenue | 6.5% | 6.6% | 11.9% | 9.2% | 9.6% | 9.8% | 9.5% | 14.6% | 16.6% | 23.7% |
| Efficiency | ||||||||||
| Days sales outstanding | 13.1 | 11.1 | 18.2 | 15.8 | 11.8 | 21.7 | 27.2 | 27.8 | 27.0 | 32.6 |
| Days of inventory on hand | 5.4 | 5.8 | 8.1 | 7.0 | 5.5 | 8.4 | 8.5 | 7.9 | 8.0 | 7.9 |
| Days payables outstanding | 17.4 | 16.6 | 22.0 | 17.6 | 15.9 | 23.6 | 26.0 | 30.3 | 26.8 | 20.0 |
| Cash conversion cycle (days) | 1.2 | 0.3 | 4.4 | 5.2 | 1.4 | 6.4 | 9.6 | 5.4 | 8.3 | 20.4 |
| Receivables turnover | 27.78 | 33.02 | 20.02 | 23.17 | 31.00 | 16.85 | 13.44 | 13.13 | 13.49 | 11.20 |
| Payables turnover | 21.03 | 22.04 | 16.61 | 20.71 | 22.92 | 15.44 | 14.02 | 12.05 | 13.63 | 18.24 |
| Inventory turnover | 67.10 | 62.92 | 44.82 | 51.86 | 66.20 | 43.64 | 42.98 | 46.10 | 45.72 | 46.43 |
| Asset turnover | 0.87 | 1.05 | 1.09 | 1.22 | 1.24 | 0.67 | 0.92 | 1.57 | 1.50 | 1.33 |
| Average receivables | $29.0M | $20.4M | $16.6M | $13.7M | $8.9M | $8.4M | $9.0M | $6.5M | $5.9M | $6.5M |
| Average payables | $33.8M | $25.0M | $16.1M | $12.1M | $9.2M | $7.8M | $6.8M | $5.4M | $4.5M | $3.1M |
| Average inventory | $10.6M | $8.8M | $6.0M | $4.8M | $3.2M | $2.8M | $2.2M | $1.4M | $1.4M | $1.2M |
| Intangibles / total assets | 32.2% | 30.1% | 4.8% | 5.3% | 6.7% | 7.6% | 8.3% | 13.0% | 10.8% | 11.4% |
Computed from STKS's annual financial statements (latest annual report filed March 19, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
STKS valuation and financial ratios
ONE Group Hospitality earned a return on equity of −57.5% and a return on invested capital of 4.4% in fiscal 2025. It ended the year with $651.1 million of debt and $4.2 million in cash and short-term investments, net debt of $646.9 million. It returned $1.1 million to shareholders: $0 in dividends and $1.1 million in share buybacks. The share count rose 23.7% from 25.1M to 31.0M over 9 years.
See the STKS income statement, the STKS chart for price history, or the STKS stock overview for the latest quote and news.
STKS key metrics FAQ
What is ONE Group Hospitality's EV/EBITDA?
ONE Group Hospitality's enterprise value was 13.7 times EBITDA at the end of fiscal 2025 (enterprise value $701.2 million, EBITDA $51.2 million); the current EV/EBITDA is 11.1.
What is ONE Group Hospitality's return on equity?
ONE Group Hospitality's return on equity (ROE) was −57.5% in fiscal 2025: net income of -$92.2 million on average shareholders' equity of $160.4 million.
What is ONE Group Hospitality's ROIC?
ONE Group Hospitality's return on invested capital was 4.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does ONE Group Hospitality have?
ONE Group Hospitality had total debt of $651.1 million at the end of fiscal 2025, a debt-to-equity ratio of 5.64 and $646.9 million of net debt (12.64 times EBITDA).
Does ONE Group Hospitality buy back its shares?
Yes. ONE Group Hospitality spent $1.1 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.4% over the year, to 31.0M..
What is ONE Group Hospitality's free cash flow yield?
ONE Group Hospitality generated -$27.3 million of free cash flow in fiscal 2025, a free cash flow yield of −50.3% on its market value at year-end ($54.3 million).
What is ONE Group Hospitality's current ratio?
ONE Group Hospitality's current ratio was 0.43 at the end of fiscal 2025: current assets were 0.43 times current liabilities.