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Vestand Inc Class A
(OTC:VSTD)
Select Model
Select Model
Rating:41Neutral
Price Target:
$0.30
▲(16.92% Upside)
Action:Upgraded
Date:01/24/26
The score is held down primarily by weak financial health (ongoing losses, negative margins, and high leverage) and significant negative corporate events tied to Nasdaq compliance and litigation risk. Technicals show only a tentative short-term bounce within a broader downtrend, and valuation is not supportive given negative earnings and no dividend.
Positive Factors
Revenue Growth
Modest positive TTM revenue growth indicates the company can expand sales despite headwinds. Over 2-6 months this suggests underlying demand or retention in core distribution channels, providing a base for margin recovery and scale benefits if management sustains pricing and distribution execution.
Negative Factors
High Leverage
A debt-to-equity of 2.51 shows material dependence on debt financing. Over months this raises refinancing and interest-cost risk, limits strategic flexibility, and increases vulnerability to revenue or margin volatility, making it harder to invest in growth or weather operational setbacks without dilutive financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Modest positive TTM revenue growth indicates the company can expand sales despite headwinds. Over 2-6 months this suggests underlying demand or retention in core distribution channels, providing a base for margin recovery and scale benefits if management sustains pricing and distribution execution.
Read all positive factors
Vestand Inc Class A (VSTD) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$35.39K
Dividend YieldN/A
Average Volume (3M)3.06M
Price to Earnings (P/E)―
Beta (1Y)0.79
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees259
SectorConsumer Cyclical
Sector Strength84
IndustryRestaurants
Share Statistics
EPS (TTM)N/A
Shares Outstanding16,752,687
10 Day Avg. Volume187,350
30 Day Avg. Volume3,064,092
Financial Highlights & Ratios
PEG Ratio0.13
Price to Book (P/B)17.28
Price to Sales (P/S)0.34
P/FCF Ratio38.82
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Vestand Inc Class A Business Overview & Revenue Model
Company Description
Vestand, Inc. engages in the operation of a Japanese restaurant under the name Yoshiharu Ramen. It offers Japanese ramens, rice bowls, and appetizers. The company was founded by James Chae in 2016 and is headquartered in Buena Park, CA....
Vestand Inc Class A Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
30
Negative
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.90M | 12.84M | 9.21M | 8.28M | 6.54M | 3.17M |
| Gross Profit | 752.47K | 1.52M | 364.39K | 166.09K | 214.59K | -27.08K |
| EBITDA | -1.65M | -1.31M | -2.23M | -2.72M | -1.42M | -271.70K |
| Net Income | -3.31M | -2.67M | -3.04M | -3.49M | -1.63M | -450.13K |
Balance Sheet | ||||||
| Total Assets | 19.07M | 17.57M | 13.02M | 16.02M | 5.84M | 3.01M |
| Cash, Cash Equivalents and Short-Term Investments | 1.33M | 1.24M | 1.46M | 6.14M | 1.09M | 0.00 |
| Total Debt | 12.37M | 15.40M | 9.65M | 9.63M | 6.47M | 4.19M |
| Total Liabilities | 14.38M | 17.32M | 10.37M | 10.38M | 8.15M | 4.39M |
| Stockholders Equity | 4.69M | 255.40K | 2.65M | 5.64M | -2.32M | -1.37M |
Cash Flow | ||||||
| Free Cash Flow | -2.12M | 113.70K | -6.06M | -5.27M | -702.47K | -411.29K |
| Operating Cash Flow | -1.51M | 875.22K | -4.59M | -3.80M | 194.14K | 133.94K |
| Investing Cash Flow | -3.11M | -2.56M | -1.47M | -1.47M | -896.62K | -545.24K |
| Financing Cash Flow | 4.75M | 1.47M | 1.39M | 10.69M | 1.79M | 333.17K |
Vestand Inc Class A Technical Analysis
Negative
0.26
Price Trends
0.29
Negative
0.32
Negative
0.42
Negative
Market Momentum
-0.04
Positive
13.72
Positive
7.77
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VSTD, the sentiment is Negative. The current price of 0.26 is above the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.29, and below the 200-day MA of 0.42, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 13.72 is Positive, neither overbought nor oversold. The STOCH value of 7.77 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for VSTD.
Vestand Inc Class A Risk Analysis
Vestand Inc Class A disclosed 48 risk factors in its most recent earnings report. Vestand Inc Class A reported the most risks in the "Production" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Vestand Inc Class A Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $4.71B | 48.47 | 15.09% | ― | 11.16% | 30.78% | |
66 Neutral | $17.97B | 53.96 | 7.13% | ― | 8.45% | -12.95% | |
62 Neutral | $22.15B | 33.42 | 15.27% | ― | 3.67% | 36.66% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
50 Neutral | $3.08B | -81.21 | -2.43% | ― | -3.22% | 44.69% | |
46 Neutral | $80.21M | -2.22 | -16.27% | ― | 3.11% | 27.70% | |
41 Neutral | $35.39K | -0.22 | -122.18% | ― | ― | ― |
* Consumer Cyclical Sector Average
VSTD
Vestand Inc Class A
0.02
-1.87
-98.94%
CHEF
The Chefs' Warehouse
108.54
42.77
65.03%
UNFI
United Natural Foods
48.05
20.55
74.73%
PFGC
Performance Food Group
112.00
13.72
13.96%
USFD
US Foods Holding
100.49
15.81
18.67%
HFFG
HF Foods Group
1.46
-1.39
-48.77%
Vestand Inc Class A Corporate Events
Delistings and Listing ChangesRegulatory Filings and Compliance
Vestand Inc Class A Delisted, Moves to OTC Market
Negative
Jul 28, 2026
On July 23, 2026, Vestand Inc. received a decision from the Nasdaq Hearings Panel to delist its Class A common stock from The Nasdaq Capital Market, effective July 27, 2026, after the company failed to file multiple periodic reports and fell below...
Delistings and Listing ChangesRegulatory Filings and Compliance
Vestand Faces Nasdaq Review After Bid-Price Noncompliance
Negative
Jun 17, 2026
On June 12, 2026, Vestand Inc. reported that it had failed to regain compliance with Nasdaq’s $1.00 minimum bid price requirement for its Class A common stock, following an initial 180-day grace period that ended on June 10, 2026. Because th...
Business Operations and StrategyPrivate Placements and Financing
Vestand Secures Loan Backed by Korean Subsidiary Equity
Neutral
May 28, 2026
On March 17, 2026, Vestand Inc. entered into a loan agreement with Good Mood Studio Inc. under which the lender provided a $200,000 loan at a 16% annual simple interest rate, rising to 18% on overdue amounts, with full repayment of principal and a...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Vestand Inc Class A Secures New Financing Package
Positive
May 28, 2026
On May 21, 2026, Vestand Inc. entered into a $1 million financing arrangement with Hong Kong-based Min Gan Zhe Investment Limited, split between a $500,000 equity investment and a $500,000 secured loan. The equity component involves the issuance o...
Delistings and Listing ChangesRegulatory Filings and Compliance
Vestand Faces Nasdaq Delisting Risk Over Reporting Delays
Negative
May 26, 2026
Vestand Inc. disclosed that on May 19, 2026 it received a Nasdaq Staff Delisting Determination after failing to file its Form 10-Q for the quarter ended September 30, 2025, its Form 10-K for the year ended December 31, 2025 and its Form 10-Q for t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.