CHIPOTLE MEXICAN GRILL INC (CMG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CMG - US1696561059 - Common Stock
33.93 USD
-0.21 (-0.62%)
33.95 USD
+0.02 (+0.06%)
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 gets an excellent profitability rating and is at the same time showing great financial health properties. CMG is valied quite expensively at the moment, while it does show a decent growth rate. These ratings could make CMG a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
CMG had positive earnings in the past year.
In the past year CMG had a positive cash flow from operations.
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 (16.55%) than 93.18% of its industry peers.
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.
With an excellent Return On Invested Capital value of 18.25%, CMG belongs to the best of the industry, outperforming 90.15% of the companies in the same industry.
CMG had an Average Return On Invested Capital over the past 3 years of 16.89%. This is significantly above the industry average of 10.42%.
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
CMG's Profit Margin of 13.04% is amongst the best of the industry. CMG outperforms 81.82% of its industry peers.
In the last couple of years the Profit Margin of CMG has grown nicely.
The Operating Margin of CMG (16.55%) is better than 73.48% of its industry peers.
CMG's Operating Margin has improved in the last couple of years.
CMG has a worse Gross Margin (30.89%) than 75.00% of its industry peers.
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
CMG has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for CMG has been reduced compared to 1 year ago.
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 6.64 indicates that CMG is not in any danger for bankruptcy at the moment.
The Altman-Z score of CMG (6.64) 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 | 6.64 |
ROIC/WACC2.09
WACC8.73%
2.3 Liquidity
A Current Ratio of 1.54 indicates that CMG should not have too much problems paying 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
CMG shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.95%.
The Earnings Per Share has been growing by 31.99% on average over the past years. This is a very strong growth
CMG shows a small growth in Revenue. In the last year, the Revenue has grown by 7.31%.
The Revenue has been growing by 15.16% on average over the past years. This is quite good.
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 29.25, which means the current valuation is very expensive for CMG.
The rest of the industry has a similar Price/Earnings ratio as CMG.
Compared to an average S&P500 Price/Earnings ratio of 26.37, CMG is valued at the same level.
Based on the Price/Forward Earnings ratio of 26.95, the valuation of CMG can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CMG is on the same level as its industry peers.
CMG's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 36.20.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.25 | ||
| Fwd PE | 26.95 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CMG is valued a bit more expensive than 65.15% of the companies in the same industry.
62.88% of the companies in the same industry are more expensive than CMG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.52 | ||
| EV/EBITDA | 18.55 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CMG has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)6.86
PEG (5Y)0.91
EPS Next 2Y5.67%
EPS Next 3Y9.77%
5. Dividend
5.1 Amount
CMG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
33.93
-0.21 (-0.62%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners90.32%
Inst Owner Change1.76%
Ins Owners0.31%
Ins Owner Change-6.2%
Market Cap44.86B
Revenue(TTM)11.79B
Net Income(TTM)1.54B
Analysts80
Price Target45.75 (34.84%)
Short Float %2.34%
Short Ratio1.32
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)-16.72%
PT rev (3m)-24.27%
EPS NQ rev (1m)-14.86%
EPS NQ rev (3m)-18.09%
EPS NY rev (1m)-2.99%
EPS NY rev (3m)-4.33%
Revenue NQ rev (1m)-4.38%
Revenue NQ rev (3m)-5.55%
Revenue NY rev (1m)-1.08%
Revenue NY rev (3m)-1.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.25 | ||
| Fwd PE | 26.95 | ||
| P/S | 3.81 | ||
| P/FCF | 28.52 | ||
| P/OCF | 20.26 | ||
| P/B | 13.93 | ||
| P/tB | 14.02 | ||
| EV/EBITDA | 18.55 |
EPS(TTM)1.16
EY3.42%
EPS(NY)1.26
Fwd EY3.71%
FCF(TTM)1.19
FCFY3.51%
OCF(TTM)1.68
OCFY4.94%
SpS8.91
BVpS2.44
TBVpS2.42
PEG (NY)6.86
PEG (5Y)0.91
Graham Number7.97
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 | 6.64 |
F-Score7
WACC8.73%
ROIC/WACC2.09
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 29.25 and the Price/Book (PB) ratio is 13.93.
Can you provide the financial health for CMG stock?
The financial health rating of CHIPOTLE MEXICAN GRILL INC (CMG) is 8 / 10.