The Simply Good Foods (SMPL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

The Simply Good Foods

NasdaqCM•Consumer Defensive•Packaged Foods

$11.08+0.41(0.04%)Market open

Market Cap

$1.10B

P/S

0.8x

P/B

0.8x

The Simply Good Foods Company, a consumer-packaged food and beverage company, engages in the development, marketing, and sale of snacks and meal replacements, and other products in North America and internationally. The company offers protein bars, ready-to-drink beverages and shakes, sweet and salty snacks, cookies, muffins, protein chips and crackers, protein powders, and recipes under the Quest, Atkins, and OWYN brand names. It also provides confectionery products, such as peanut butter cups, brownies, caramel candy bites, chocolatey coated peanut candies, and caramel candy bars. In addition, the company licenses certain products that contain its brands and logos; and distributes its products to various retail channels, such as mass merchandise, grocery and drug stores, club and convenience stores, gas stations, and other channels. It also sells its products through e-commerce channels, including questnutrition.com, atkins.com, liveowyn.com, amazon.com and others. The company was incorporated in 2017 and is headquartered in Denver, Colorado.

How this company scores

AverageMetricSide Score: 43/100

Strongest: Cash & Earnings Quality (16/25); weakest: Growth (7/25).

Profitability7/25

Growth7/25

Balance Sheet & Red Flags13/25

Cash & Earnings Quality16/25

Strengths

Low leverageConsistent free cash flowImproving marginsNo share dilution

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 21.4x5y range 21.4x – 98.9x

Currently near its 17-quarter median.

P/S · 0.8x5y range 0.7x – 3.6x

Currently below its 20-quarter median.

P/B · 0.8x5y range 0.7x – 3.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 225.2% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $1.10B

Metrics at a Glance

as of August 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.36B
Q. Revenue: $333.31M
TTM EBITDA: $-155.46M
TTM Op. Income: $-179.72M
Q. Op. Income: $45.88M
TTM Net Income: $-155.90M
Q. Net Income: $30.50M
EPS: $0.345
Shares Out.: $88.46M

$1.36B in TTM revenue declined 6.5% YoY, reaching $333.31M last quarter. TTM EBITDA of $-155.46M and TTM operating income of $-179.72M show growth is flowing through to the bottom line. However, net income is negative at $155.90M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 5 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 34.0%
EBITDA Margin: 15.6%
Op. Margin: 13.8%
Net Margin: 9.2%

Op. margin of 13.8% is up 17.0% YoY — cost efficiency is improving. Net margin at 9.2% and gross margin of 34.0% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.8x
P/B Ratio: 0.8x

P/S of 0.8x and P/B of 0.8x. P/S is low relative to typical market levels. Over the past year, P/E is down 24% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.04B
Cash: $138.43M
Long-Term Debt: $347.22M
Book Value: $1.45B
D/E Ratio: 0.2
Debt/EBITDA: 6.7

With $2.04B in assets and $347.22M in long-term debt, D/E is 0.2and book value is $1.45B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 73% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $78.88M
TTM Free Cash Flow: $156.95M
FCF Margin: 11.6%
FCF / Net Income: -1.0

TTM FCF of $156.95M on $78.88M in operating cash flow. The FCF / Net Income ratio of -1.0x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 1% — an improving trend.