CHEFS' WAREHOUSE INC/THE (CHEF) Stock Fundamental Analysis
USA - NASDAQ:CHEF - US1630861011 - Common Stock
58.15 USD
+0.39 (+0.68%)
58.15 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to CHEF. CHEF was compared to 39 industry peers in the Consumer Staples Distribution & Retail industry. CHEF has only an average score on both its financial health and profitability. CHEF is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CHEF had positive earnings in the past year.
In the past year CHEF had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: CHEF reported negative net income in multiple years.
Of the past 5 years CHEF 4 years had a positive operating cash flow.
1.2 Ratios
CHEF has a Return On Assets of 3.65%. This is comparable to the rest of the industry: CHEF outperforms 48.72% of its industry peers.
With a Return On Equity value of 12.47%, CHEF perfoms like the industry average, outperforming 58.97% of the companies in the same industry.
CHEF has a Return On Invested Capital of 6.36%. This is comparable to the rest of the industry: CHEF outperforms 58.97% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CHEF is below the industry average of 8.75%.
The 3 year average ROIC (5.37%) for CHEF is below the current ROIC(6.36%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.65% | ||
| ROE | 12.47% | ||
| ROIC | 6.36% |
ROA(3y)2.29%
ROA(5y)-0.42%
ROE(3y)8.28%
ROE(5y)-0.12%
ROIC(3y)5.37%
ROIC(5y)N/A
1.3 Margins
CHEF's Profit Margin of 1.76% is in line compared to the rest of the industry. CHEF outperforms 53.85% of its industry peers.
CHEF's Profit Margin has been stable in the last couple of years.
The Operating Margin of CHEF (3.58%) is better than 66.67% of its industry peers.
CHEF's Operating Margin has been stable in the last couple of years.
CHEF has a Gross Margin (24.20%) which is in line with its industry peers.
In the last couple of years the Gross Margin of CHEF has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.58% | ||
| PM (TTM) | 1.76% | ||
| GM | 24.2% |
OM growth 3Y70.65%
OM growth 5Y1.16%
PM growth 3YN/A
PM growth 5Y-0.78%
GM growth 3Y2.51%
GM growth 5Y-0.16%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CHEF is destroying value.
Compared to 1 year ago, CHEF has more shares outstanding
CHEF has more shares outstanding than it did 5 years ago.
The debt/assets ratio for CHEF has been reduced compared to a year ago.
2.2 Solvency
CHEF has an Altman-Z score of 3.76. This indicates that CHEF is financially healthy and has little risk of bankruptcy at the moment.
CHEF has a Altman-Z score (3.76) which is comparable to the rest of the industry.
CHEF has a debt to FCF ratio of 6.00. This is a slightly negative value and a sign of low solvency as CHEF would need 6.00 years to pay back of all of its debts.
CHEF's Debt to FCF ratio of 6.00 is in line compared to the rest of the industry. CHEF outperforms 51.28% of its industry peers.
A Debt/Equity ratio of 1.24 is on the high side and indicates that CHEF has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.24, CHEF is doing worse than 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 6 | ||
| Altman-Z | 3.76 |
ROIC/WACC0.84
WACC7.57%
2.3 Liquidity
A Current Ratio of 2.01 indicates that CHEF has no problem at all paying its short term obligations.
CHEF has a better Current ratio (2.01) than 87.18% of its industry peers.
A Quick Ratio of 1.17 indicates that CHEF should not have too much problems paying its short term obligations.
CHEF has a better Quick ratio (1.17) than 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 24.44% over the past year.
The Earnings Per Share has been growing slightly by 7.86% on average over the past years.
The Revenue has been growing slightly by 7.90% in the past year.
Measured over the past years, CHEF shows a quite strong growth in Revenue. The Revenue has been growing by 18.97% on average per year.
EPS 1Y (TTM)24.44%
EPS 3YN/A
EPS 5Y7.86%
EPS Q2Q%30%
Revenue 1Y (TTM)7.9%
Revenue growth 3Y29.53%
Revenue growth 5Y18.97%
Sales Q2Q%8.4%
3.2 Future
The Earnings Per Share is expected to grow by 18.58% on average over the next years. This is quite good.
CHEF is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.15% yearly.
EPS Next Y25.05%
EPS Next 2Y22.8%
EPS Next 3Y21.91%
EPS Next 5Y18.58%
Revenue Next Year7.79%
Revenue Next 2Y7.66%
Revenue Next 3Y7.77%
Revenue Next 5Y8.15%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 34.61, CHEF can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of CHEF is on the same level as its industry peers.
CHEF's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.40.
CHEF is valuated quite expensively with a Price/Forward Earnings ratio of 26.41.
The rest of the industry has a similar Price/Forward Earnings ratio as CHEF.
The average S&P500 Price/Forward Earnings ratio is at 22.94. CHEF is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.61 | ||
| Fwd PE | 26.41 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CHEF.
Based on the Price/Free Cash Flow ratio, CHEF is valued a bit cheaper than the industry average as 64.10% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.05 | ||
| EV/EBITDA | 13.96 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as CHEF's earnings are expected to grow with 21.91% in the coming years.
PEG (NY)1.38
PEG (5Y)4.4
EPS Next 2Y22.8%
EPS Next 3Y21.91%
5. Dividend
5.1 Amount
No dividends for CHEF!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
58.15
+0.39 (+0.68%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners97.64%
Inst Owner Change-0.01%
Ins Owners11.22%
Ins Owner Change-0.07%
Market Cap2.37B
Analysts84
Price Target77.63 (33.5%)
Short Float %11.62%
Short Ratio8.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.56%
Min EPS beat(2)10.35%
Max EPS beat(2)26.78%
EPS beat(4)4
Avg EPS beat(4)12.08%
Min EPS beat(4)4.96%
Max EPS beat(4)26.78%
EPS beat(8)7
Avg EPS beat(8)19.96%
EPS beat(12)10
Avg EPS beat(12)15.1%
EPS beat(16)14
Avg EPS beat(16)85.46%
Revenue beat(2)1
Avg Revenue beat(2)0.2%
Min Revenue beat(2)-0.2%
Max Revenue beat(2)0.6%
Revenue beat(4)2
Avg Revenue beat(4)-0.26%
Min Revenue beat(4)-2.47%
Max Revenue beat(4)1.03%
Revenue beat(8)5
Avg Revenue beat(8)0.92%
Revenue beat(12)9
Avg Revenue beat(12)2.72%
Revenue beat(16)13
Avg Revenue beat(16)3.51%
PT rev (1m)0%
PT rev (3m)6.64%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.55%
EPS NY rev (1m)1.7%
EPS NY rev (3m)4.56%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.61 | ||
| Fwd PE | 26.41 | ||
| P/S | 0.6 | ||
| P/FCF | 20.05 | ||
| P/OCF | 15.11 | ||
| P/B | 4.25 | ||
| P/tB | 44.86 | ||
| EV/EBITDA | 13.96 |
EPS(TTM)1.68
EY2.89%
EPS(NY)2.2
Fwd EY3.79%
FCF(TTM)2.9
FCFY4.99%
OCF(TTM)3.85
OCFY6.62%
SpS96.93
BVpS13.68
TBVpS1.3
PEG (NY)1.38
PEG (5Y)4.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.65% | ||
| ROE | 12.47% | ||
| ROCE | 9.63% | ||
| ROIC | 6.36% | ||
| ROICexc | 6.81% | ||
| ROICexgc | 10.78% | ||
| OM | 3.58% | ||
| PM (TTM) | 1.76% | ||
| GM | 24.2% | ||
| FCFM | 2.99% |
ROA(3y)2.29%
ROA(5y)-0.42%
ROE(3y)8.28%
ROE(5y)-0.12%
ROIC(3y)5.37%
ROIC(5y)N/A
ROICexc(3y)5.85%
ROICexc(5y)N/A
ROICexgc(3y)9.92%
ROICexgc(5y)N/A
ROCE(3y)8.12%
ROCE(5y)N/A
ROICexcg growth 3Y80.28%
ROICexcg growth 5Y4.02%
ROICexc growth 3Y84.08%
ROICexc growth 5Y6.73%
OM growth 3Y70.65%
OM growth 5Y1.16%
PM growth 3YN/A
PM growth 5Y-0.78%
GM growth 3Y2.51%
GM growth 5Y-0.16%
F-Score8
Asset Turnover2.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 6 | ||
| Debt/EBITDA | 3.25 | ||
| Cap/Depr | 54.32% | ||
| Cap/Sales | 0.98% | ||
| Interest Coverage | 3.53 | ||
| Cash Conversion | 73.82% | ||
| Profit Quality | 169.94% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 3.76 |
F-Score8
WACC7.57%
ROIC/WACC0.84
Cap/Depr(3y)99.81%
Cap/Depr(5y)86.31%
Cap/Sales(3y)1.58%
Cap/Sales(5y)1.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)24.44%
EPS 3YN/A
EPS 5Y7.86%
EPS Q2Q%30%
EPS Next Y25.05%
EPS Next 2Y22.8%
EPS Next 3Y21.91%
EPS Next 5Y18.58%
Revenue 1Y (TTM)7.9%
Revenue growth 3Y29.53%
Revenue growth 5Y18.97%
Sales Q2Q%8.4%
Revenue Next Year7.79%
Revenue Next 2Y7.66%
Revenue Next 3Y7.77%
Revenue Next 5Y8.15%
EBIT growth 1Y20.42%
EBIT growth 3Y121.04%
EBIT growth 5Y20.35%
EBIT Next Year87.73%
EBIT Next 3Y32.02%
EBIT Next 5Y26.75%
FCF growth 1Y476.54%
FCF growth 3YN/A
FCF growth 5Y29.05%
OCF growth 1Y1010.43%
OCF growth 3YN/A
OCF growth 5Y27.74%