Chipotle Mexican Grill Inc
NYSE:CMG
Intrinsic Value
Chipotle Mexican Grill, Inc. engages in the development and operation of classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. [ Read More ]
The intrinsic value of one CMG stock under the Base Case scenario is 1 629.14 USD. Compared to the current market price of 2 931.66 USD, Chipotle Mexican Grill Inc is Overvalued by 44%.
Valuation Backtest
Chipotle Mexican Grill Inc
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Fundamental Analysis
Chipotle Showcases Strong Balance Sheet, Expansion
2023-Q4 Earnings Call
In a year of pivotal growth, Chipotle closed the quarter with a robust balance sheet featuring $1.9 billion in cash and investments, and no debt, while also repurchasing $590 million in stock. It opened a record 121 new locations in Q4, with 110 featuring 'Chipotlane'—a drive-thru that promises hundreds of basis points higher margins than non-Chipotlane units. For the full year, Chipotle expects restaurant-level margins around 25%, even with pressures such as high interest rates. The company's Chipotlane format is already enhancing overall margins and will continue to do so as they become a larger part of the system. 2023 was marked by strong performance, surpassing 3,400 restaurants, over 800 Chipotlanes, and achieving over $3 million in average unit volumes.
Balance Sheet Decomposition
Chipotle Mexican Grill Inc
Current Assets | 1.6B |
Cash & Short-Term Investments | 1.3B |
Receivables | 168.5m |
Other Current Assets | 156.8m |
Non-Current Assets | 6.4B |
Long-Term Investments | 573.4m |
PP&E | 5.7B |
Intangibles | 21.9m |
Other Non-Current Assets | 79.7m |
Current Liabilities | 1B |
Accounts Payable | 197.6m |
Accrued Liabilities | 623.3m |
Other Current Liabilities | 209.7m |
Non-Current Liabilities | 4B |
Other Non-Current Liabilities | 4B |
Earnings Waterfall
Chipotle Mexican Grill Inc
Revenue
|
9.9B
USD
|
Cost of Revenue
|
-6.5B
USD
|
Gross Profit
|
3.4B
USD
|
Operating Expenses
|
-1.8B
USD
|
Operating Income
|
1.6B
USD
|
Other Expenses
|
-367.4m
USD
|
Net Income
|
1.2B
USD
|
Free Cash Flow Analysis
Chipotle Mexican Grill Inc
What is Free Cash Flow?
CMG Profitability Score
Profitability Due Diligence
Chipotle Mexican Grill Inc's profitability score is 67/100. The higher the profitability score, the more profitable the company is.
Score
Chipotle Mexican Grill Inc's profitability score is 67/100. The higher the profitability score, the more profitable the company is.
CMG Solvency Score
Solvency Due Diligence
Chipotle Mexican Grill Inc's solvency score is 69/100. The higher the solvency score, the more solvent the company is.
Score
Chipotle Mexican Grill Inc's solvency score is 69/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
CMG Price Targets Summary
Chipotle Mexican Grill Inc
According to Wall Street analysts, the average 1-year price target for CMG is 2 767.43 USD with a low forecast of 1 919 USD and a high forecast of 3 255 USD.
Ownership
CMG Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
CMG Price
Chipotle Mexican Grill Inc
Average Annual Return | 21.29% |
Standard Deviation of Annual Returns | 30.08% |
Max Drawdown | -50% |
Market Capitalization | 80.2B USD |
Shares Outstanding | 27 421 200 |
Percentage of Shares Shorted | 2.51% |
CMG News
Last Important Events
Chipotle Mexican Grill Inc
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
Chipotle Mexican Grill Inc
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Chipotle Mexican Grill, Inc. engages in the development and operation of classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. The company is headquartered in Newport Beach, California and currently employs 97,660 full-time employees. The company went IPO on 2006-01-26. The firm develops and operates restaurants that serve a relevant menu of burritos, burrito bowls, tacos, and salads, made using fresh ingredients. The firm's Chipotle Mexican Grill restaurants serve a menu of burritos, burrito bowls (a burrito without the tortilla), tacos, and salads. The firm sells gift cards, which do not have an expiration date. The company operates Chipotle restaurants throughout the United States, international Chipotle restaurants, and non-Chipotle restaurants. Its serves only meats in its Chipotle restaurants. The firm brand these meats as Responsibly Raised.
Contact
IPO
Employees
Officers
The intrinsic value of one CMG stock under the Base Case scenario is 1 629.14 USD.
Compared to the current market price of 2 931.66 USD, Chipotle Mexican Grill Inc is Overvalued by 44%.