Quality Investor

RideNow Group, Inc.

Rank #133DeclineWatchlistCompare with other stocks

RDNW · Nasdaq · Consumer Cyclical

RideNow Group, Inc. (RDNW) — Rank #133 by gross profitability (GP/assets 0.40) · ROE 588.8% · Piotroski F-Score 5 / 9.

As-of 2026-10-30 · 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.

Show more

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

Company Snapshot

P/E, P/B, and dividend yield matter most — book value provides a floor.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

1,884

Industry

Auto & Truck Dealerships

Exchange

Nasdaq

10/12

Flags passed

RDNW fails 1 critical flag

Passes 10 of 12 quality flags, 1 caution

  • FAIL
    Revenue declining YoY

    Revenue contracted year over year

  • CAUTION
    Dilution above 2%

    Annual share count increase exceeds 2%. May be acceptable for high-growth companies funding talent via stock compensation

  • PASS
    Gross margin holding
  • PASS
    FCF not negative from investment
  • PASS
    Disclosure consistent
  • PASS
    Operating margin holding
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    Balance sheet stable
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin
  • PASS
    No valuation convergence

Strengths Revenue growth accelerating · Sequential beat (rev + EPS)

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.40
Return on equity
588.8%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
—
Current ratio
1.14×
Net cash
-$166.60M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
0.2%

Growth

0/2 pass
Revenue growth
-10.5%
Piotroski F-Score
5 / 9
Share dilution
7.3%

Asset value and restructuring potential (balance-sheet strength) are the primary reads at this stage.

Profitability

Does it make money well?

Warning: Revenue declining YoY · GP/assets 57th percentile of 96 SIC 73 peers

Gross profitability (GP / assets)

0.40

Primary signal (Novy-Marx).

57th pctl of 96 SIC 73 peers

Return on equity

588.8%

Gross margin

27.5%

6th pctl of 95 SIC 73 peers

Revenue growth (YoY)

-10.5%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

-15.5%

Revenue CAGR (5Y)

21.1%

Earnings CAGR (3Y)

—

FCF CAGR (3Y)

—

Cash Flow Health

Is the cash real?

No warning flags · FCF 120% above net income

Free cash flow

$10.30M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

119.7%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

0.2%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

Caution: Dilution above 2% · net debt $166.60M, F-Score 5/9

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

—

Current ratio

1.14×

9th pctl of 95 SIC 73 peers

Quick ratio

0.21×

Net cash

-$166.60M

Cash & equivalents minus total debt.

Piotroski F-Score

5 / 9

Fundamental-strength score (0-9).

Valuation

Is the price reasonable?

No warning flags

Capital allocation quality

Composite score

2.0 / 5

Fair
Share count trend
7.3%0/5 Weak
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory
-1.8%3/5 Good

Lifecycle Phase History

20202025
Decline
Hypergrowth

Price History

RDNW-83.9% · -30.6% CAGRSPY+82.9% · +12.8% CAGR