RAVE
RAVE Restaurant Group, Inc.
RAVE's fundamentals are mixed: it turned 31% of its revenue into free cash flow, but its operating margin fell 3 points to 27%. At 11x earnings, it's trading below its usual 14x.
RAVE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Strong |
RAVE's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
RAVE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 4.8x | $0.95 | -55% |
| Current | 11x | $2.11 | — |
| Fair | 14x | $2.71 | +28% |
| Expensive | 17x | $3.36 | +59% |
Historical ranges are pointers, not guarantees.
RAVE's PE is in its cheap range at 11x.
RAVE Forward outlook
There aren't enough analyst estimates for RAVE to show an outlook.
RAVE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.20 | 0% |
| Q2 2026 | $0.20 | +5.3% |
| Q1 2026 | $0.21 | +11% |
| Q4 2025 | $0.20 | +11% |
| Q3 2025 | $0.20 | +11% |
| Q2 2025 | $0.19 | +12% |
| Q1 2025 | $0.19 | +27% |
| Q4 2024 | $0.18 | +38% |
RAVE's earnings per share have fallen from their peak: $0.20 over the past year, against $0.45 in mid-2022.
RAVE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.3M | +3.4% |
| Q2 2026 | $3.4M | +8.8% |
| Q1 2026 | $3.2M | +8.7% |
| Q4 2025 | $3M | +6% |
| Q3 2025 | $3.2M | +5.3% |
| Q2 2025 | $3.2M | -6% |
| Q1 2025 | $3M | +0.1% |
| Q4 2024 | $2.9M | +2.8% |
RAVE's revenue has grown year over year for five quarters in a row: $3M last quarter, up 3.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | -0.5 points |
| Q2 2026 | 30% | -9 points |
| Q1 2026 | 30% | -2.3 points |
| Q4 2025 | 24% | -1.8 points |
| Q3 2025 | 23% | +0.6 points |
| Q2 2025 | 39% | +3.6 points |
| Q1 2025 | 32% | +3.2 points |
| Q4 2024 | 26% | +6.8 points |
RAVE's operating margin was 23% last quarter, down 0.5 points from the same quarter a year ago.
RAVE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.1M | +88% |
| Q2 2026 | $1.5M | +24% |
| Q1 2026 | $1.1M | +16% |
| Q4 2025 | $297K | -54% |
| Q3 2025 | $600K | +15% |
| Q2 2025 | $1.2M | -13% |
| Q1 2025 | $953K | -4.3% |
| Q4 2024 | $651K | +$990K |
RAVE generated $4M in free cash flow over the past year, up 18% from the year before.
RAVE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.8% | +118K shares |
| 1 year | +1% | +145K shares |
| 3 years | -2.3% | -340K shares |
| 5 years | -23% | -4.4M shares |
| Available history | -9.5% | -1.5M shares |
RAVE has 14M diluted shares, up 1% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q2 2025 | $1,000 |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
RAVE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | -0.2x | Net Cash |
| Q3 2025 | -0.4x | Net Cash |
| Q2 2025 | -0.8x | Net Cash |
| Q1 2025 | -0.2x | Net Cash |
| Q4 2024 | -0.8x | Net Cash |
RAVE has more cash than debt.
RAVE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 28.9 | Oversold |
| Stochastic | 5.2 | Oversold |
RAVE's weekly RSI is 29 (oversold) and its Stochastic is 5 (oversold).
RAVE PE vs Consumer Cyclical Sector
| Metric | RAVE | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 18x | 41% below |
| PE % | 32 | 47 | 15 pts below |
RAVE is trading at 11x earnings, a 41% discount to the Consumer Cyclical sector's median of 18x.
RAVE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.20 | 4.1% below |
| 20 week MA | $2.76 | 24% below |
| 50 week MA | $2.87 | 26% below |
| 100 week MA | $2.83 | 25% below |
| 200 week MA | $2.42 | 13% below |
RAVE is in a downtrend: it's below all five of its weekly moving averages, and 13% below its 200-week average.
RAVE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.71 | $0.90 | -47% |
| 2021 | $0.90 | $1.14 | +27% |
| 2022 | $1.14 | $1.40 | +23% |
| 2023 | $1.40 | $2.23 | +59% |
| 2024 | $2.23 | $2.67 | +20% |
| 2025 | $2.67 | $3.29 | +23% |
| 2026 YTD | $3.29 | $2.11 | -36% |
RAVE is down 36% so far in 2026, after finishing higher in five of the previous six years.