MAPLEBEAR INC (CART) Stock Fundamental Analysis
NASDAQ:CART - Nasdaq - US5653941030 - Common Stock - Currency: USD
Overall CART gets a fundamental rating of 6 out of 10. We evaluated CART against 40 industry peers in the Consumer Staples Distribution & Retail industry. CART has an excellent financial health rating, but there are some minor concerns on its profitability. CART has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
CART had positive earnings in the past year.
CART had a positive operating cash flow in the past year.
CART had negative earnings in 4 of the past 5 years.
In multiple years CART reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of CART (11.18%) is better than 100.00% of its industry peers.
CART has a Return On Equity of 14.37%. This is in the better half of the industry: CART outperforms 64.10% of its industry peers.
CART has a Return On Invested Capital of 9.67%. This is in the better half of the industry: CART outperforms 79.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.18% | ||
| ROE | 14.37% | ||
| ROIC | 9.67% |
ROA(3y)-11.39%
ROA(5y)N/A
ROE(3y)-13.69%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CART (13.31%) is better than 100.00% of its industry peers.
With an excellent Operating Margin value of 11.52%, CART belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
CART's Gross Margin of 67.43% is amongst the best of the industry. CART outperforms 97.44% of its industry peers.
CART's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.52% | ||
| PM (TTM) | 13.31% | ||
| GM | 67.43% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y20.73%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CART is still creating some value.
The number of shares outstanding for CART has been increased compared to 1 year ago.
CART has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 9.66 indicates that CART is not in any danger for bankruptcy at the moment.
CART has a Altman-Z score of 9.66. This is amongst the best in the industry. CART outperforms 92.31% of its industry peers.
CART has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 9.66 |
ROIC/WACC1.07
WACC9.06%
2.3 Liquidity
CART has a Current Ratio of 3.06. This indicates that CART is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of CART (3.06) is better than 97.44% of its industry peers.
A Quick Ratio of 3.06 indicates that CART has no problem at all paying its short term obligations.
The Quick ratio of CART (3.06) is better than 97.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.06 | ||
| Quick Ratio | 3.06 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 124.75% over the past year.
Looking at the last year, CART shows a very negative growth in Revenue. The Revenue has decreased by -40.57% in the last year.
Measured over the past years, CART shows a very strong growth in Revenue. The Revenue has been growing by 27.23% on average per year.
EPS 1Y (TTM)124.75%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%102.01%
Revenue 1Y (TTM)-40.57%
Revenue growth 3Y27.23%
Revenue growth 5YN/A
Sales Q2Q%11.52%
3.2 Future
The Earnings Per Share is expected to grow by 18.26% on average over the next years. This is quite good.
The Revenue is expected to grow by 8.76% on average over the next years. This is quite good.
EPS Next Y110.6%
EPS Next 2Y45.61%
EPS Next 3Y29.03%
EPS Next 5Y18.26%
Revenue Next Year11.28%
Revenue Next 2Y10.2%
Revenue Next 3Y9.77%
Revenue Next 5Y8.76%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 35.14, CART can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of CART is on the same level as its industry peers.
CART is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 29.63, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 31.87, which means the current valuation is very expensive for CART.
CART's Price/Forward Earnings ratio is in line with the industry average.
CART's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.14 | ||
| Fwd PE | 31.87 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CART is valued a bit more expensive than 69.23% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CART is valued a bit cheaper than 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.3 | ||
| EV/EBITDA | 28.37 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CART has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CART's earnings are expected to grow with 29.03% in the coming years.
PEG (NY)0.32
PEG (5Y)N/A
EPS Next 2Y45.61%
EPS Next 3Y29.03%
5. Dividend
5.1 Amount
CART does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
52.365
-0.18 (-0.35%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners74.95%
Inst Owner Change1.06%
Ins Owners3.01%
Ins Owner Change-5.07%
Market Cap13.45B
Analysts76.32
Price Target52.54 (0.33%)
Short Float %7.71%
Short Ratio4.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)69.42%
Min EPS beat(2)50.45%
Max EPS beat(2)88.39%
EPS beat(4)4
Avg EPS beat(4)727.39%
Min EPS beat(4)50.45%
Max EPS beat(4)2175.67%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-0.5%
Min Revenue beat(2)-1.04%
Max Revenue beat(2)0.04%
Revenue beat(4)2
Avg Revenue beat(4)-0.45%
Min Revenue beat(4)-2.1%
Max Revenue beat(4)1.32%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.13%
PT rev (3m)14.54%
EPS NQ rev (1m)1.92%
EPS NQ rev (3m)25.16%
EPS NY rev (1m)1.41%
EPS NY rev (3m)23.47%
Revenue NQ rev (1m)0.13%
Revenue NQ rev (3m)0.53%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.14 | ||
| Fwd PE | 31.87 | ||
| P/S | 4.08 | ||
| P/FCF | 19.3 | ||
| P/OCF | 17.54 | ||
| P/B | 4.4 | ||
| P/tB | 5.02 | ||
| EV/EBITDA | 28.37 |
EPS(TTM)1.49
EY2.85%
EPS(NY)1.64
Fwd EY3.14%
FCF(TTM)2.71
FCFY5.18%
OCF(TTM)2.99
OCFY5.7%
SpS12.84
BVpS11.9
TBVpS10.43
PEG (NY)0.32
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.18% | ||
| ROE | 14.37% | ||
| ROCE | 12.23% | ||
| ROIC | 9.67% | ||
| ROICexc | 16.7% | ||
| ROICexgc | 21.11% | ||
| OM | 11.52% | ||
| PM (TTM) | 13.31% | ||
| GM | 67.43% | ||
| FCFM | 21.13% |
ROA(3y)-11.39%
ROA(5y)N/A
ROE(3y)-13.69%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y20.73%
GM growth 5YN/A
F-Score7
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 142.86% | ||
| Cap/Sales | 2.12% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 178.79% | ||
| Profit Quality | 158.77% | ||
| Current Ratio | 3.06 | ||
| Quick Ratio | 3.06 | ||
| Altman-Z | 9.66 |
F-Score7
WACC9.06%
ROIC/WACC1.07
Cap/Depr(3y)114.73%
Cap/Depr(5y)128.56%
Cap/Sales(3y)1.35%
Cap/Sales(5y)2.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)124.75%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%102.01%
EPS Next Y110.6%
EPS Next 2Y45.61%
EPS Next 3Y29.03%
EPS Next 5Y18.26%
Revenue 1Y (TTM)-40.57%
Revenue growth 3Y27.23%
Revenue growth 5YN/A
Sales Q2Q%11.52%
Revenue Next Year11.28%
Revenue Next 2Y10.2%
Revenue Next 3Y9.77%
Revenue Next 5Y8.76%
EBIT growth 1Y119.23%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year138.65%
EBIT Next 3Y35.98%
EBIT Next 5Y21.31%
FCF growth 1Y111.16%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y111.55%
OCF growth 3YN/A
OCF growth 5YN/A