` Comparison: DNUT vs CMG - Alpha Spread

DNUT
vs
CMG

Over the past 12 months, DNUT has underperformed CMG, delivering a return of -65% compared to the CMG's 37% drop.

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DNUT
CMG
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Valuation Comparison

DNUT Intrinsic Value
6.812 USD
Undervaluation 57%
Intrinsic Value
Price
CMG Intrinsic Value
35.5538 USD
Fairly Valued
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Krispy Kreme Inc
NASDAQ:DNUT
2.955 USD
Chipotle Mexican Grill Inc
NYSE:CMG
35.6899 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
DNUT, CMG

DNUT
CMG
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Krispy Kreme Inc
Revenue
Chipotle Mexican Grill Inc
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
DNUT, CMG

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CMG
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Krispy Kreme Inc
NASDAQ:DNUT
Chipotle Mexican Grill Inc
NYSE:CMG
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What is Free Cash Flow?

Gross Margin

DNUT
28.7%
CMG
33.7%

Operating Margin

DNUT
-4.1%
CMG
16.5%

Net Margin

DNUT
-33.3%
CMG
12.9%

FCF Margin

DNUT
-6.4%
CMG
12.1%

ROE

DNUT
-56.5%
CMG
47.4%

ROA

DNUT
-17.5%
CMG
16.9%

ROIC

DNUT
-2.3%
CMG
19.6%

ROCE

DNUT
-2.6%
CMG
24.8%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
DNUT, CMG

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Performance Gap
DNUT, CMG

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DNUT
CMG
Difference
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Performance By Year
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DNUT
CMG
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