CHIPOTLE MEXICAN GRILL INC (CMG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CMG - US1696561059 - Common Stock
34.03 USD
+0.63 (+1.89%)
34 USD
-0.03 (-0.09%)
We assign a fundamental rating of 7 out of 10 to CMG. CMG was compared to 132 industry peers in the Hotels, Restaurants & Leisure industry. CMG has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. CMG is quite expensive at the moment. It does show a decent growth rate. With these ratings, CMG could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year CMG was profitable.
CMG had a positive operating cash flow in the past year.
In the past 5 years CMG has always been profitable.
Each year in the past 5 years CMG had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 16.55%, CMG belongs to the top of the industry, outperforming 93.18% of the companies in the same industry.
Looking at the Return On Equity, with a value of 47.69%, CMG belongs to the top of the industry, outperforming 90.15% of the companies in the same industry.
CMG's Return On Invested Capital of 18.25% is amongst the best of the industry. CMG outperforms 90.15% of its industry peers.
CMG had an Average Return On Invested Capital over the past 3 years of 16.89%. This is significantly above the industry average of 10.41%.
The 3 year average ROIC (16.89%) for CMG is below the current ROIC(18.25%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.55% | ||
| ROE | 47.69% | ||
| ROIC | 18.25% |
ROA(3y)14.97%
ROA(5y)12.14%
ROE(3y)40.02%
ROE(5y)33.22%
ROIC(3y)16.89%
ROIC(5y)13.28%
1.3 Margins
Looking at the Profit Margin, with a value of 13.04%, CMG belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
In the last couple of years the Profit Margin of CMG has grown nicely.
CMG's Operating Margin of 16.55% is fine compared to the rest of the industry. CMG outperforms 73.48% of its industry peers.
CMG's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 30.89%, CMG is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of CMG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.55% | ||
| PM (TTM) | 13.04% | ||
| GM | 30.89% |
OM growth 3Y16.04%
OM growth 5Y14.88%
PM growth 3Y16.16%
PM growth 5Y16.69%
GM growth 3Y3.22%
GM growth 5Y2.96%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so CMG is creating value.
Compared to 1 year ago, CMG has less shares outstanding
The number of shares outstanding for CMG has been reduced compared to 5 years ago.
CMG 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 6.72 indicates that CMG is not in any danger for bankruptcy at the moment.
The Altman-Z score of CMG (6.72) is better than 89.39% of its industry peers.
CMG 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 | 6.72 |
ROIC/WACC2.11
WACC8.65%
2.3 Liquidity
CMG has a Current Ratio of 1.54. This is a normal value and indicates that CMG is financially healthy and should not expect problems in meeting its short term obligations.
CMG's Current ratio of 1.54 is fine compared to the rest of the industry. CMG outperforms 74.24% of its industry peers.
A Quick Ratio of 1.50 indicates that CMG should not have too much problems paying its short term obligations.
The Quick ratio of CMG (1.50) is better than 77.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.5 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.95% over the past year.
The Earnings Per Share has been growing by 31.99% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 7.31% in the past year.
Measured over the past years, CMG shows a quite strong growth in Revenue. The Revenue has been growing by 15.16% on average per year.
EPS 1Y (TTM)6.95%
EPS 3Y30.4%
EPS 5Y31.99%
EPS Q2Q%7.41%
Revenue 1Y (TTM)7.31%
Revenue growth 3Y14.45%
Revenue growth 5Y15.16%
Sales Q2Q%7.51%
3.2 Future
CMG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.98% yearly.
The Revenue is expected to grow by 10.73% on average over the next years. This is quite good.
EPS Next Y4.26%
EPS Next 2Y5.67%
EPS Next 3Y9.77%
EPS Next 5Y12.98%
Revenue Next Year5.65%
Revenue Next 2Y7.97%
Revenue Next 3Y9.12%
Revenue Next 5Y10.73%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
CMG is valuated quite expensively with a Price/Earnings ratio of 29.34.
Compared to the rest of the industry, the Price/Earnings ratio of CMG is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.15, CMG is valued at the same level.
CMG is valuated quite expensively with a Price/Forward Earnings ratio of 27.03.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CMG is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 36.12. CMG is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.34 | ||
| Fwd PE | 27.03 |
4.2 Price Multiples
CMG's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. CMG is more expensive than 65.15% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CMG is valued a bit cheaper than the industry average as 61.36% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.01 | ||
| EV/EBITDA | 18.88 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CMG does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of CMG may justify a higher PE ratio.
PEG (NY)6.88
PEG (5Y)0.92
EPS Next 2Y5.67%
EPS Next 3Y9.77%
5. Dividend
5.1 Amount
No dividends for CMG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
34.03
+0.63 (+1.89%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners90.32%
Inst Owner Change1.97%
Ins Owners0.31%
Ins Owner Change-6.2%
Market Cap45.63B
Revenue(TTM)11.79B
Net Income(TTM)1.54B
Analysts80
Price Target45.75 (34.44%)
Short Float %2.19%
Short Ratio1.24
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)0.32%
Min EPS beat(2)0.31%
Max EPS beat(2)0.33%
EPS beat(4)4
Avg EPS beat(4)0.95%
Min EPS beat(4)0.31%
Max EPS beat(4)2.13%
EPS beat(8)8
Avg EPS beat(8)4.32%
EPS beat(12)11
Avg EPS beat(12)4.3%
EPS beat(16)15
Avg EPS beat(16)3.8%
Revenue beat(2)0
Avg Revenue beat(2)-2.11%
Min Revenue beat(2)-2.53%
Max Revenue beat(2)-1.69%
Revenue beat(4)0
Avg Revenue beat(4)-2.19%
Min Revenue beat(4)-3.48%
Max Revenue beat(4)-1.07%
Revenue beat(8)3
Avg Revenue beat(8)-1.29%
Revenue beat(12)4
Avg Revenue beat(12)-1.31%
Revenue beat(16)4
Avg Revenue beat(16)-1.3%
PT rev (1m)-23.21%
PT rev (3m)-24.27%
EPS NQ rev (1m)-15.35%
EPS NQ rev (3m)-17.97%
EPS NY rev (1m)-2.99%
EPS NY rev (3m)-4.33%
Revenue NQ rev (1m)-4.49%
Revenue NQ rev (3m)-5.43%
Revenue NY rev (1m)-1.08%
Revenue NY rev (3m)-1.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.34 | ||
| Fwd PE | 27.03 | ||
| P/S | 3.87 | ||
| P/FCF | 29.01 | ||
| P/OCF | 20.6 | ||
| P/B | 14.16 | ||
| P/tB | 14.26 | ||
| EV/EBITDA | 18.88 |
EPS(TTM)1.16
EY3.41%
EPS(NY)1.26
Fwd EY3.7%
FCF(TTM)1.17
FCFY3.45%
OCF(TTM)1.65
OCFY4.85%
SpS8.79
BVpS2.4
TBVpS2.39
PEG (NY)6.88
PEG (5Y)0.92
Graham Number7.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.55% | ||
| ROE | 47.69% | ||
| ROCE | 23.99% | ||
| ROIC | 18.25% | ||
| ROICexc | 22.11% | ||
| ROICexgc | 22.19% | ||
| OM | 16.55% | ||
| PM (TTM) | 13.04% | ||
| GM | 30.89% | ||
| FCFM | 13.35% |
ROA(3y)14.97%
ROA(5y)12.14%
ROE(3y)40.02%
ROE(5y)33.22%
ROIC(3y)16.89%
ROIC(5y)13.28%
ROICexc(3y)20.4%
ROICexc(5y)16.1%
ROICexgc(3y)20.47%
ROICexgc(5y)16.17%
ROCE(3y)22.21%
ROCE(5y)17.46%
ROICexgc growth 3Y18.49%
ROICexgc growth 5Y16.8%
ROICexc growth 3Y18.54%
ROICexc growth 5Y16.87%
OM growth 3Y16.04%
OM growth 5Y14.88%
PM growth 3Y16.16%
PM growth 5Y16.69%
GM growth 3Y3.22%
GM growth 5Y2.96%
F-Score7
Asset Turnover1.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 182.03% | ||
| Cap/Sales | 5.44% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 96.16% | ||
| Profit Quality | 102.38% | ||
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.5 | ||
| Altman-Z | 6.72 |
F-Score7
WACC8.65%
ROIC/WACC2.11
Cap/Depr(3y)173.27%
Cap/Depr(5y)170.01%
Cap/Sales(3y)5.49%
Cap/Sales(5y)5.72%
Profit Quality(3y)97.3%
Profit Quality(5y)100.43%
High Growth Momentum
Growth
EPS 1Y (TTM)6.95%
EPS 3Y30.4%
EPS 5Y31.99%
EPS Q2Q%7.41%
EPS Next Y4.26%
EPS Next 2Y5.67%
EPS Next 3Y9.77%
EPS Next 5Y12.98%
Revenue 1Y (TTM)7.31%
Revenue growth 3Y14.45%
Revenue growth 5Y15.16%
Sales Q2Q%7.51%
Revenue Next Year5.65%
Revenue Next 2Y7.97%
Revenue Next 3Y9.12%
Revenue Next 5Y10.73%
EBIT growth 1Y2.84%
EBIT growth 3Y32.8%
EBIT growth 5Y32.3%
EBIT Next Year27.06%
EBIT Next 3Y18.54%
EBIT Next 5Y14.79%
FCF growth 1Y13.4%
FCF growth 3Y21.65%
FCF growth 5Y31.27%
OCF growth 1Y15.38%
OCF growth 3Y17.97%
OCF growth 5Y23.88%
CHIPOTLE MEXICAN GRILL INC / CMG FAQ
Can you provide the ChartMill fundamental rating for CHIPOTLE MEXICAN GRILL INC?
ChartMill assigns a fundamental rating of 7 / 10 to CMG.
What is the valuation status of CHIPOTLE MEXICAN GRILL INC (CMG) stock?
ChartMill assigns a valuation rating of 3 / 10 to CHIPOTLE MEXICAN GRILL INC (CMG). This can be considered as Overvalued.
How profitable is CHIPOTLE MEXICAN GRILL INC (CMG) stock?
CHIPOTLE MEXICAN GRILL INC (CMG) has a profitability rating of 9 / 10.
What are the PE and PB ratios of CHIPOTLE MEXICAN GRILL INC (CMG) stock?
The Price/Earnings (PE) ratio for CHIPOTLE MEXICAN GRILL INC (CMG) is 29.34 and the Price/Book (PB) ratio is 14.16.
Can you provide the financial health for CMG stock?
The financial health rating of CHIPOTLE MEXICAN GRILL INC (CMG) is 8 / 10.