CHIPOTLE MEXICAN GRILL INC (CMG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CMG - US1696561059 - Common Stock
33.94 USD
+0.21 (+0.62%)
33.94 USD
0 (0%)
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 could make CMG a good candidate 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.
CMG had positive earnings in each of the past 5 years.
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.
CMG has a better Return On Equity (47.69%) than 90.08% of its industry peers.
CMG's Return On Invested Capital of 18.25% is amongst the best of the industry. CMG outperforms 90.84% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CMG is significantly above the industry average of 10.43%.
The last Return On Invested Capital (18.25%) for CMG is above the 3 year average (16.89%), which is a sign of increasing profitability.
| 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
The Profit Margin of CMG (13.04%) is better than 82.44% of its industry peers.
CMG's Profit Margin has improved in the last couple of years.
The Operating Margin of CMG (16.55%) is better than 74.05% of its industry peers.
In the last couple of years the Operating Margin of CMG has grown nicely.
The Gross Margin of CMG (30.89%) is worse 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.
CMG has less shares outstanding than it did 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 6.62 indicates that CMG is not in any danger for bankruptcy at the moment.
CMG has a better Altman-Z score (6.62) than 90.08% 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 | 6.62 |
ROIC/WACC2.07
WACC8.82%
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.
Looking at the Current ratio, with a value of 1.54, CMG is in the better half of the industry, outperforming 73.28% of the companies in the same industry.
A Quick Ratio of 1.50 indicates that CMG should not have too much problems paying its short term obligations.
CMG's Quick ratio of 1.50 is fine compared to the rest 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
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%.
CMG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.16% yearly.
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 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.
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 29.26.
CMG's Price/Earnings ratio is in line with the industry average.
CMG is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.59, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 27.63, CMG can be considered very expensive at the moment.
CMG's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.80. CMG is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.26 | ||
| Fwd PE | 27.63 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CMG is valued a bit more expensive than 67.18% of the companies in the same industry.
61.83% 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 | 28.53 | ||
| EV/EBITDA | 18.43 |
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)7.69
PEG (5Y)0.91
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 |
33.94
+0.21 (+0.62%)
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 Cap44.88B
Revenue(TTM)11.79B
Net Income(TTM)1.54B
Analysts79.51
Price Target45.66 (34.53%)
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 | 29.26 | ||
| Fwd PE | 27.63 | ||
| P/S | 3.81 | ||
| P/FCF | 28.53 | ||
| P/OCF | 20.26 | ||
| P/B | 13.93 | ||
| P/tB | 14.02 | ||
| EV/EBITDA | 18.43 |
EPS(TTM)1.16
EY3.42%
EPS(NY)1.23
Fwd EY3.62%
FCF(TTM)1.19
FCFY3.51%
OCF(TTM)1.68
OCFY4.94%
SpS8.91
BVpS2.44
TBVpS2.42
PEG (NY)7.69
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 | 6.62 |
F-Score7
WACC8.82%
ROIC/WACC2.07
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 29.26 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.