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NoodlesNDLS -1.24%51 Intrinsic Value: Projected FCF is $-23.65 as of Aug. 31, 2026. GuruFocus rates NDLS with a GF Score™ of 51/100 and a GF Value™ of $10.63 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 238 Restaurants companies, Noodles ranks worse than 420167.65% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-08-31), Noodles's Intrinsic Value: Projected FCF is $-23.65. The stock price of Noodles is $14.785. Therefore, Noodles's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.
The historical rank and industry rank for Noodles's Intrinsic Value: Projected FCF or its related term are showing as below:
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Noodles was 18.22. The lowest was 3.90. And the median was 11.06.
NDLS's Price-to-Projected-FCF is not ranked *
in the Restaurants industry.
Industry Median: 1.09 * Ranked among companies with meaningful Price-to-Projected-FCF only.
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Noodles's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
14.785
/
-23.6481903935
=
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Noodles Intrinsic Value: Projected FCF Related Terms
Noodles Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Noodles's Intrinsic Value: Projected FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NDLS vs BDL, MB, VENU: Intrinsic Value: Projected FCF Comparison
For the Restaurants subindustry, Noodles's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Noodles Price-to-Projected-FCF vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Noodles's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Noodles's Price-to-Projected-FCF falls into.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Intrinsic Value: Projected FCF of $-23.65 mean?
Noodles (NDLS) has a Intrinsic Value: Projected FCF of $-23.65 as of Aug. 31, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Noodles and its competitors. According to the industry distribution chart, Noodles ranks #999999 out of 238 companies in the Restaurants industry.
Is Noodles' Intrinsic Value: Projected FCF too high?
Noodles' current Intrinsic Value: Projected FCF is $-23.65. Based on the distribution chart, Noodles ranks #999999 out of 238 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Noodles has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Noodles' Intrinsic Value: Projected FCF compare to BDL and MB?
According to the Restaurants industry distribution chart, Noodles ranks #999999 out of 238 companies for Intrinsic Value: Projected FCF. This places Noodles in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.09. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Restaurants company?
The median Intrinsic Value: Projected FCF among Restaurants companies is 1.09, based on 238 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Noodles and its competitors. For the Restaurants industry, the median Intrinsic Value: Projected FCF is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noodles's current Intrinsic Value: Projected FCF is $-23.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noodles stock overvalued right now?
Based on GuruFocus' analysis, Noodles (NDLS) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.63, compared to a current price of $14.79 — trading 39.1% above its estimated fair value. The current Intrinsic Value: Projected FCF is $-23.65. Noodles' overall GF Score™ is 51/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Noodles (NDLS), the current Intrinsic Value: Projected FCF is $-23.65 as of Aug. 31, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Noodles (NDLS) Overvalued in 2026?
Based on GuruFocus' analysis, Noodles stock appears to be overvalued.
The current stock price of $14.79 is trading 39.1% above its estimated GF Value™ of $10.63.
GuruFocus considers Noodles to be Significantly Overvalued.
Key valuation signals for NDLS:
Intrinsic Value: Projected FCF: $-23.65
GF Value™: $10.63 vs. price of $14.79 (39.1% above fair value)
No single metric tells the full story. See the NDLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Noodles & Co is a restaurant concept offering lunch and dinner within the fast-casual segment of the restaurant industry. The company's menu includes a variety of cooked-to-order dishes, including noodles and pasta, soups, salads and appetizers. The company also provides dining, pick-up and delivery services. It is focused on offering customers flavorful, cooked-to-order dishes in a warm and welcoming environment at an attractive value. It has approximately 340 company-owned restaurants and 83 franchise restaurants in 31 states.
51GF Score
Get the complete analysis for NDLS
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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