CHIPOTLE MEXICAN GRILL INC (CMG)
US1696561059 - Common Stock
CMG gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 133 industry peers in the Hotels, Restaurants & Leisure industry. CMG scores excellent points on both the profitability and health parts. This is a solid base for a good stock. CMG is valued quite expensive, but it does show an excellent growth. With these ratings, CMG could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
CMG had positive earnings in the past year.
CMG had a positive operating cash flow in the past year.
Each year in the past 5 years CMG has been profitable.
In the past 5 years CMG always reported a positive cash flow from operatings.
1.2 Ratios
CMG has a better Return On Assets (16.47%) than 96.24% of its industry peers.
Looking at the Return On Equity, with a value of 41.08%, CMG belongs to the top of the industry, outperforming 92.48% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 18.07%, CMG belongs to the top of the industry, outperforming 90.98% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CMG is above the industry average of 10.54%.
The 3 year average ROIC (14.38%) for CMG is below the current ROIC(18.07%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.47% | ||
| ROE | 41.08% | ||
| ROIC | 18.07% |
ROA(3y)12.69%
ROA(5y)10.17%
ROE(3y)35.51%
ROE(5y)28.99%
ROIC(3y)14.38%
ROIC(5y)11.23%
1.3 Margins
The Profit Margin of CMG (13.51%) is better than 81.20% of its industry peers.
In the last couple of years the Profit Margin of CMG has grown nicely.
The Operating Margin of CMG (17.27%) is better than 73.68% of its industry peers.
CMG's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 31.86%, CMG is doing worse than 75.19% of the companies in the same industry.
CMG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.27% | ||
| PM (TTM) | 13.51% | ||
| GM | 31.86% |
OM growth 3Y43.55%
OM growth 5Y17.44%
PM growth 3Y27.93%
PM growth 5Y27.95%
GM growth 3Y8.6%
GM growth 5Y3.83%
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.
CMG has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CMG has less shares outstanding
There is no outstanding debt for CMG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 11.57 indicates that CMG is not in any danger for bankruptcy at the moment.
The Altman-Z score of CMG (11.57) is better than 97.74% of its industry peers.
There is no outstanding debt for CMG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 11.57 |
ROIC/WACC1.97
WACC9.16%
2.3 Liquidity
A Current Ratio of 1.62 indicates that CMG should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.62, CMG is in the better half of the industry, outperforming 76.69% of the companies in the same industry.
CMG has a Quick Ratio of 1.57. This is a normal value and indicates that CMG is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.57, CMG is doing good in the industry, outperforming 76.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.57 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.71% over the past year.
CMG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 38.26% yearly.
The Revenue has grown by 15.19% in the past year. This is quite good.
Measured over the past years, CMG shows a quite strong growth in Revenue. The Revenue has been growing by 15.20% on average per year.
EPS 1Y (TTM)26.71%
EPS 3Y61.16%
EPS 5Y38.26%
EPS Q2Q%18.84%
Revenue 1Y (TTM)15.19%
Revenue growth 3Y18.15%
Revenue growth 5Y15.2%
Sales Q2Q%13.01%
3.2 Future
The Earnings Per Share is expected to grow by 20.53% on average over the next years. This is a very strong growth
Based on estimates for the next years, CMG will show a quite strong growth in Revenue. The Revenue will grow by 13.48% on average per year.
EPS Next Y25.71%
EPS Next 2Y21.92%
EPS Next 3Y20.89%
EPS Next 5Y20.53%
Revenue Next Year14.99%
Revenue Next 2Y14.11%
Revenue Next 3Y13.9%
Revenue Next 5Y13.48%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 57.02, the valuation of CMG can be described as expensive.
CMG's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of CMG to the average of the S&P500 Index (27.29), we can say CMG is valued expensively.
A Price/Forward Earnings ratio of 46.16 indicates a quite expensive valuation of CMG.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CMG is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.78, CMG is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.02 | ||
| Fwd PE | 46.16 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CMG is valued a bit more expensive than the industry average as 75.19% of the companies are valued more cheaply.
CMG's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 67.07 | ||
| EV/EBITDA | 36.65 |
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.
A more expensive valuation may be justified as CMG's earnings are expected to grow with 20.89% in the coming years.
PEG (NY)2.22
PEG (5Y)1.49
EPS Next 2Y21.92%
EPS Next 3Y20.89%
5. Dividend
5.1 Amount
No dividends for CMG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
CHIPOTLE MEXICAN GRILL INC
NYSE:CMG (12/23/2024, 8:04:00 PM)
After market: 61.52 -0.06 (-0.1%)61.58
-0.29 (-0.47%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners88.08%
Inst Owner Change-1.05%
Ins Owners0.36%
Ins Owner Change6.72%
Market Cap83.91B
Analysts82
Price Target66.8 (8.48%)
Short Float %1.9%
Short Ratio2.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/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)6.1%
Min EPS beat(2)5.96%
Max EPS beat(2)6.24%
EPS beat(4)4
Avg EPS beat(4)7.68%
Min EPS beat(4)5.17%
Max EPS beat(4)13.34%
EPS beat(8)7
Avg EPS beat(8)5.97%
EPS beat(12)11
Avg EPS beat(12)4.75%
EPS beat(16)14
Avg EPS beat(16)5.07%
Revenue beat(2)1
Avg Revenue beat(2)-0.83%
Min Revenue beat(2)-1.84%
Max Revenue beat(2)0.17%
Revenue beat(4)3
Avg Revenue beat(4)-0.38%
Min Revenue beat(4)-1.84%
Max Revenue beat(4)0.17%
Revenue beat(8)4
Avg Revenue beat(8)-0.86%
Revenue beat(12)4
Avg Revenue beat(12)-1.01%
Revenue beat(16)4
Avg Revenue beat(16)-0.9%
PT rev (1m)2.4%
PT rev (3m)5.59%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.87%
EPS NY rev (1m)0.24%
EPS NY rev (3m)2.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.79%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)-0.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.02 | ||
| Fwd PE | 46.16 | ||
| P/S | 7.64 | ||
| P/FCF | 67.07 | ||
| P/OCF | 45.51 | ||
| P/B | 23.22 | ||
| P/tB | 23.36 | ||
| EV/EBITDA | 36.65 |
EPS(TTM)1.08
EY1.75%
EPS(NY)1.33
Fwd EY2.17%
FCF(TTM)0.92
FCFY1.49%
OCF(TTM)1.35
OCFY2.2%
SpS8.06
BVpS2.65
TBVpS2.64
PEG (NY)2.22
PEG (5Y)1.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.47% | ||
| ROE | 41.08% | ||
| ROCE | 23.79% | ||
| ROIC | 18.07% | ||
| ROICexc | 21.81% | ||
| ROICexgc | 21.88% | ||
| OM | 17.27% | ||
| PM (TTM) | 13.51% | ||
| GM | 31.86% | ||
| FCFM | 11.39% |
ROA(3y)12.69%
ROA(5y)10.17%
ROE(3y)35.51%
ROE(5y)28.99%
ROIC(3y)14.38%
ROIC(5y)11.23%
ROICexc(3y)17.39%
ROICexc(5y)13.66%
ROICexgc(3y)17.47%
ROICexgc(5y)13.73%
ROCE(3y)18.93%
ROCE(5y)14.79%
ROICexcg growth 3Y53.07%
ROICexcg growth 5Y-2.33%
ROICexc growth 3Y53.14%
ROICexc growth 5Y-2.02%
OM growth 3Y43.55%
OM growth 5Y17.44%
PM growth 3Y27.93%
PM growth 5Y27.95%
GM growth 3Y8.6%
GM growth 5Y3.83%
F-Score9
Asset Turnover1.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 176.05% | ||
| Cap/Sales | 5.4% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 82.55% | ||
| Profit Quality | 84.28% | ||
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.57 | ||
| Altman-Z | 11.57 |
F-Score9
WACC9.16%
ROIC/WACC1.97
Cap/Depr(3y)172.12%
Cap/Depr(5y)165.96%
Cap/Sales(3y)5.7%
Cap/Sales(5y)5.86%
Profit Quality(3y)107.32%
Profit Quality(5y)102.87%
High Growth Momentum
Growth
EPS 1Y (TTM)26.71%
EPS 3Y61.16%
EPS 5Y38.26%
EPS Q2Q%18.84%
EPS Next Y25.71%
EPS Next 2Y21.92%
EPS Next 3Y20.89%
EPS Next 5Y20.53%
Revenue 1Y (TTM)15.19%
Revenue growth 3Y18.15%
Revenue growth 5Y15.2%
Sales Q2Q%13.01%
Revenue Next Year14.99%
Revenue Next 2Y14.11%
Revenue Next 3Y13.9%
Revenue Next 5Y13.48%
EBIT growth 1Y24.12%
EBIT growth 3Y69.61%
EBIT growth 5Y35.3%
EBIT Next Year46.61%
EBIT Next 3Y26.83%
EBIT Next 5Y23.28%
FCF growth 1Y38.61%
FCF growth 3Y61.46%
FCF growth 5Y29.62%
OCF growth 1Y35.57%
OCF growth 3Y39.02%
OCF growth 5Y23.47%