RAVE RESTAURANT GROUP, INC. (RAVE)

Wholesale-Groceries & Related Products

Latest Price

$2.89

TTM P/E

13.76

Normalized P/E

12.95

Div Yield

Book Value

1.16

P/B Ratio

2.50

Valuation metrics

EPS: $0.19

Book value / share: $1.00

Formula: √(22.5 × EPS × BVPS)

Graham Number

$2.06

29% downside

Norm. op. income: $2M (median of 7yr)

Tax rate: 25%

Discount rate: 10%

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

Earnings Power Value

$1.83

37% downside

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

Growth: 14%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$6.90

+139% upside

EPS: $0.19

Target P/E: 13×

Formula: EPS × P/E

P/E Fair Value

$2.47

15% downside

16.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Saber Capital Managment, LLC	701.5K	$2.0M	4.94%	+541.0K	2026-06-30
RENAISSANCE TECHNOLOGIES LLC	268.1K	--	1.89%	+91.1K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	242.3K	--	1.70%	+18.9K	2026-06-30
Watchman Group, Inc.	182.8K	--	1.29%	--	2026-06-30
CORSAIR CAPITAL MANAGEMENT, L.P.	145.3K	--	1.02%	--	2026-06-30
CITADEL ADVISORS LLC	130.8K	--	0.92%	+79.0K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	130.3K	--	0.92%	+21.3K	2026-06-30
True North Advisors, LLC	106.7K	--	0.75%	--	2026-06-30
BlackRock, Inc.	71.2K	--	0.50%	+15.2K	2026-06-30
VANGUARD FIDUCIARY TRUST CO	64.6K	--	0.45%	+442	2026-06-30