Good Times Restaurants Inc. (GTIM)

Retail-Eating Places

Latest Price

$1.50

TTM P/E

4.30

Normalized P/E

5.50

Div Yield

Book Value

3.35

P/B Ratio

0.45

Valuation metrics

EPS: $0.10

Book value / share: $3.13

Formula: √(22.5 × EPS × BVPS)

Graham Number

$2.66

+77% upside

Norm. op. income: $330,000 (median of 7yr)

Tax rate: 5%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$0.33

78% downside

Base FCF: $3M (median of recent 5yr)

Growth: -6%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$2.16

+44% upside

EPS: $0.10

Target P/E: 5×

Formula: EPS × P/E

P/E Fair Value

$0.50

67% downside

12.8% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
VANGUARD CAPITAL MANAGEMENT LLC	401.5K	--	3.80%	+6.0K	2026-06-30
RENAISSANCE TECHNOLOGIES LLC	241.4K	--	2.29%	+18.1K	2026-06-30
CITADEL ADVISORS LLC	162.1K	--	1.54%	+139.7K	2026-06-30
BRIDGEWAY CAPITAL MANAGEMENT, LLC	159.8K	--	1.51%	--	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	76.5K	--	0.72%	-345	2026-06-30
Empowered Funds, LLC	57.7K	--	0.55%	--	2026-06-30
Advyzon Investment Management, LLC	48.3K	--	0.46%	--	2026-06-30
GAINLINE FINANCIAL PARTNERS, LLC	48.3K	--	0.46%	--	2026-06-30
DIMENSIONAL FUND ADVISORS LP	33.3K	--	0.32%	-24.3K	2026-06-30
BlackRock, Inc.	31.9K	--	0.30%	--	2026-06-30