RideNow Group, Inc.
Rank #133StartupRDNW · Nasdaq · Consumer Cyclical
RideNow Group, Inc. (RDNW) — Rank #133 by gross profitability (GP/assets 0.40) · ROE 588.8% · Piotroski F-Score 4 / 9.
As-of 2026-09-15 · CIK 0001596961 · all metrics point-in-time as of the filing date.
About
RideNow Group, Inc. provides powersports dealership and vehicle transportation services in the United States.
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It operates in two segments: Powersports and Vehicle Transportation Services. The Powersports segment provides new and pre-owned motorcycles, all-terrain vehicles, utility terrain or side-by-side vehicles, personal watercrafts, snowmobiles, and other powersports products. It also offers parts, apparel, accessories, finance and insurance products and services, and aftermarket products, as well as repair and maintenance services. The Vehicle Transportation Services segment provides asset-light transportation brokerage services facilitating automobile transportation. The company was formerly known as RumbleOn, Inc. and changed its name to RideNow Group, Inc. in August 2025. RideNow Group, Inc.
was incorporated in 2013 and is headquartered in Chandler, Arizona.
- Industry
- Auto & Truck Dealerships
- Sector
- Consumer Cyclical
- State
- NV
- Filer Category
- Non-accelerated filerSmaller reporting company
- Fiscal Year End
- December 31
- Website
- ridenow.com
Price History
Company Snapshot
P/S is the primary valuation lens for pre-profit companies.
Market Cap
$219.24M
P/E (annual)
—
P/S (annual)
0.2
P/B
—
P/OCF (annual)
13.8
Shareholder Yield
-448.5%
Employees
1,884
Industry
Auto & Truck Dealerships
Exchange
Nasdaq
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
1/2 passTerry Smith quality gate
Passes 0/5 Terry Smith thresholds2 of 5 thresholds not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
8.2%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Dilution drag: 448.5% — per-share value needs a total required return of 456.7% once share-count change is priced in.
vs. own 6-year median revenue growth: 125.4%
within its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
3.9%
r = 10% (base)
8.2%
r = 12%
11.9%
Net debt / market cap: 78.1%— material leverage inflates the implied growth read.
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
Earnings bubble check
Current margins may be above sustainable levels — a P/E based on peak earnings can overstate cheapness.
Disclosure regression check
3 previously-disclosed line items are no longer reported. Worth checking the filing for why.
Burn rate (cash flow) is the primary read at this stage — TAM and product-market fit aren't metrics this dashboard tracks.
Profitability
Gross profitability (GP / assets)
0.40
Primary signal (Novy-Marx).
54th pctl of 98 SIC 73 peers
Return on equity
588.8%
Gross margin
27.5%
6th pctl of 97 SIC 73 peers
Revenue growth (YoY)
17.1%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
—
Current ratio
1.14×
8th pctl of 97 SIC 73 peers
Quick ratio
0.21×
Net cash
-$166.60M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$10.30M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
1.20
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
0.2%
Stock-based comp intensity.
Piotroski F-Score
F-Score
4 / 9
Fundamental-strength score (0-9).