CHIPOTLE MEXICAN GRILL INC (CMG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CMG - US1696561059 - Common Stock
34.52 USD
+0.49 (+1.44%)
34.4992 USD
-0.02 (-0.06%)
Taking everything into account, CMG scores 7 out of 10 in our fundamental rating. CMG was compared to 132 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. 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.
In the past year CMG had a positive cash flow from operations.
In the past 5 years CMG has always been profitable.
In the past 5 years CMG always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CMG (16.55%) is better than 93.18% of its industry peers.
CMG's Return On Equity of 47.69% is amongst the best of the industry. CMG outperforms 90.15% of its industry peers.
The Return On Invested Capital of CMG (18.25%) is better than 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 10.42%.
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
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 has a Operating Margin of 16.55%. This is in the better half of the industry: CMG outperforms 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.
CMG's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CMG is creating value.
The number of shares outstanding for CMG has been reduced compared to 1 year ago.
CMG has less shares outstanding than it did 5 years ago.
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
CMG has an Altman-Z score of 6.72. This indicates that CMG is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.72, CMG belongs to the top of the industry, outperforming 89.39% of the companies in the same industry.
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 | 6.72 |
ROIC/WACC2.11
WACC8.64%
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 has a better Current ratio (1.54) than 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.
Looking at the Quick ratio, with a value of 1.50, CMG is in the better half of the industry, outperforming 77.27% of the companies in the same industry.
| 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.
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
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.
Based on estimates for the next years, CMG will show a quite strong growth in Revenue. The Revenue will grow by 10.73% on average per year.
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
With a Price/Earnings ratio of 29.76, CMG can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of CMG is on the same level as its industry peers.
CMG is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
CMG is valuated quite expensively with a Price/Forward Earnings ratio of 27.42.
CMG's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 36.59. CMG is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.76 | ||
| Fwd PE | 27.42 |
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.
61.36% 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 | 29.42 | ||
| EV/EBITDA | 18.88 |
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)6.98
PEG (5Y)0.93
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 |
34.52
+0.49 (+1.44%)
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 Cap46.29B
Revenue(TTM)11.79B
Net Income(TTM)1.54B
Analysts80
Price Target45.75 (32.53%)
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 | 29.76 | ||
| Fwd PE | 27.42 | ||
| P/S | 3.93 | ||
| P/FCF | 29.42 | ||
| P/OCF | 20.9 | ||
| P/B | 14.37 | ||
| P/tB | 14.47 | ||
| EV/EBITDA | 18.88 |
EPS(TTM)1.16
EY3.36%
EPS(NY)1.26
Fwd EY3.65%
FCF(TTM)1.17
FCFY3.4%
OCF(TTM)1.65
OCFY4.79%
SpS8.79
BVpS2.4
TBVpS2.39
PEG (NY)6.98
PEG (5Y)0.93
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
WACC8.64%
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 29.76 and the Price/Book (PB) ratio is 14.37.
Can you provide the financial health for CMG stock?
The financial health rating of CHIPOTLE MEXICAN GRILL INC (CMG) is 8 / 10.