CHIPOTLE MEXICAN GRILL INC (CMG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CMG - US1696561059 - Common Stock
36.14 USD
+1.27 (+3.64%)
36.12 USD
-0.02 (-0.06%)
Taking everything into account, CMG scores 7 out of 10 in our fundamental rating. CMG was compared to 131 industry peers in the Hotels, Restaurants & Leisure industry. Both the health and profitability get an excellent rating, making CMG a very profitable company, without any liquidiy or solvency issues. CMG is valied quite expensively at the moment, while it does show a decent growth rate. These ratings would make CMG suitable 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.
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 93.89% 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 90.08% of the companies in the same industry.
CMG has a better Return On Invested Capital (18.25%) than 90.84% 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 10.42%.
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 82.44% 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 74.05% 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 75.57% 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.
Compared to 1 year ago, CMG has less shares outstanding
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 6.77 indicates that CMG is not in any danger for bankruptcy at the moment.
CMG has a better Altman-Z score (6.77) than 90.08% 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 | 6.77 |
ROIC/WACC2.08
WACC8.78%
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.
The Current ratio of CMG (1.54) is better than 73.28% of its industry peers.
A Quick Ratio of 1.50 indicates that CMG should not have too much problems paying its short term obligations.
CMG has a Quick ratio of 1.50. This is in the better half of the industry: CMG outperforms 76.34% 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.
Measured over the past years, CMG shows a very strong growth in Earnings Per Share. The EPS has been growing by 31.99% on average per year.
Looking at the last year, CMG shows a small growth in Revenue. The Revenue has grown by 7.31% in the last 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
Based on estimates for the next years, CMG will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.98% on average per year.
The Revenue is expected to grow by 10.73% on average over the next years. This is quite good.
EPS Next Y3.81%
EPS Next 2Y4.38%
EPS Next 3Y8.79%
EPS Next 5Y12.98%
Revenue Next Year5.2%
Revenue Next 2Y7.46%
Revenue Next 3Y8.73%
Revenue Next 5Y10.73%
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.
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
A Price/Earnings ratio of 31.16 indicates a quite expensive valuation of CMG.
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 26.54, CMG is valued at the same level.
CMG is valuated quite expensively with a Price/Forward Earnings ratio of 29.42.
CMG's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.78. CMG is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.16 | ||
| Fwd PE | 29.42 |
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 67.94% 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 61.83% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.38 | ||
| EV/EBITDA | 19.09 |
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)8.19
PEG (5Y)0.97
EPS Next 2Y4.38%
EPS Next 3Y8.79%
5. Dividend
5.1 Amount
CMG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
36.14
+1.27 (+3.64%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners90.34%
Inst Owner Change1.78%
Ins Owners0.32%
Ins Owner Change-5.07%
Market Cap47.79B
Revenue(TTM)11.79B
Net Income(TTM)1.54B
Analysts79.51
Price Target45.66 (26.34%)
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)-16.88%
PT rev (3m)-24.05%
EPS NQ rev (1m)-0.14%
EPS NQ rev (3m)-17.89%
EPS NY rev (1m)-0.44%
EPS NY rev (3m)-4.75%
Revenue NQ rev (1m)-0.17%
Revenue NQ rev (3m)-5.56%
Revenue NY rev (1m)-0.43%
Revenue NY rev (3m)-2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.16 | ||
| Fwd PE | 29.42 | ||
| P/S | 4.05 | ||
| P/FCF | 30.38 | ||
| P/OCF | 21.58 | ||
| P/B | 14.83 | ||
| P/tB | 14.93 | ||
| EV/EBITDA | 19.09 |
EPS(TTM)1.16
EY3.21%
EPS(NY)1.23
Fwd EY3.4%
FCF(TTM)1.19
FCFY3.29%
OCF(TTM)1.68
OCFY4.63%
SpS8.91
BVpS2.44
TBVpS2.42
PEG (NY)8.19
PEG (5Y)0.97
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 | 6.77 |
F-Score7
WACC8.78%
ROIC/WACC2.08
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 Y3.81%
EPS Next 2Y4.38%
EPS Next 3Y8.79%
EPS Next 5Y12.98%
Revenue 1Y (TTM)7.31%
Revenue growth 3Y14.45%
Revenue growth 5Y15.16%
Sales Q2Q%7.51%
Revenue Next Year5.2%
Revenue Next 2Y7.46%
Revenue Next 3Y8.73%
Revenue Next 5Y10.73%
EBIT growth 1Y2.84%
EBIT growth 3Y32.8%
EBIT growth 5Y32.3%
EBIT Next Year20.14%
EBIT Next 3Y13.58%
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 31.16 and the Price/Book (PB) ratio is 14.83.
Can you provide the financial health for CMG stock?
The financial health rating of CHIPOTLE MEXICAN GRILL INC (CMG) is 8 / 10.