MAPLEBEAR INC (CART) Stock Fundamental Analysis
NASDAQ:CART - Nasdaq - US5653941030 - Common Stock - Currency: USD
Taking everything into account, CART scores 6 out of 10 in our fundamental rating. CART was compared to 40 industry peers in the Consumer Staples Distribution & Retail industry. CART has an excellent financial health rating, but there are some minor concerns on its profitability. CART is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CART had positive earnings in the past year.
In the past year CART had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: CART reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: CART reported negative operating cash flow in multiple years.
1.2 Ratios
CART has a better Return On Assets (10.14%) than 92.50% of its industry peers.
CART has a Return On Equity of 12.93%. This is in the better half of the industry: CART outperforms 67.50% of its industry peers.
CART has a Return On Invested Capital of 11.06%. This is amongst the best in the industry. CART outperforms 82.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.14% | ||
| ROE | 12.93% | ||
| ROIC | 11.06% |
ROA(3y)-6.87%
ROA(5y)-5.28%
ROE(3y)-7.97%
ROE(5y)-6.32%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 12.59%, CART belongs to the best of the industry, outperforming 97.50% of the companies in the same industry.
CART has a better Operating Margin (13.17%) than 100.00% of its industry peers.
Looking at the Gross Margin, with a value of 67.61%, CART belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Gross Margin of CART has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.17% | ||
| PM (TTM) | 12.59% | ||
| GM | 67.61% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.6%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CART is still creating some value.
Compared to 1 year ago, CART has less shares outstanding
CART 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 8.87 indicates that CART is not in any danger for bankruptcy at the moment.
CART has a better Altman-Z score (8.87) than 95.00% of its industry peers.
CART 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 | 8.87 |
ROIC/WACC1.25
WACC8.87%
2.3 Liquidity
A Current Ratio of 3.24 indicates that CART has no problem at all paying its short term obligations.
CART has a better Current ratio (3.24) than 97.50% of its industry peers.
A Quick Ratio of 3.24 indicates that CART has no problem at all paying its short term obligations.
CART has a better Quick ratio (3.24) than 97.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.24 | ||
| Quick Ratio | 3.24 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 108.74% over the past year.
The Revenue has grown by 11.05% in the past year. This is quite good.
CART shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 73.64% yearly.
EPS 1Y (TTM)108.74%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%105%
Revenue 1Y (TTM)11.05%
Revenue growth 3Y22.58%
Revenue growth 5Y73.64%
Sales Q2Q%11.06%
3.2 Future
Based on estimates for the next years, CART will show a very strong growth in Earnings Per Share. The EPS will grow by 20.22% on average per year.
The Revenue is expected to grow by 8.26% on average over the next years. This is quite good.
EPS Next Y13.2%
EPS Next 2Y17.86%
EPS Next 3Y18.06%
EPS Next 5Y20.22%
Revenue Next Year8.6%
Revenue Next 2Y8.98%
Revenue Next 3Y8.87%
Revenue Next 5Y8.26%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 29.60 indicates a quite expensive valuation of CART.
The rest of the industry has a similar Price/Earnings ratio as CART.
CART is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.48, which is the current average of the S&P500 Index.
CART is valuated rather expensively with a Price/Forward Earnings ratio of 23.33.
The rest of the industry has a similar Price/Forward Earnings ratio as CART.
The average S&P500 Price/Forward Earnings ratio is at 34.04. CART is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.6 | ||
| Fwd PE | 23.33 |
4.2 Price Multiples
CART's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. CART is more expensive than 75.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CART is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.42 | ||
| EV/EBITDA | 21.13 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CART does not grow enough to justify the current Price/Earnings ratio.
CART has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CART's earnings are expected to grow with 18.06% in the coming years.
PEG (NY)2.24
PEG (5Y)N/A
EPS Next 2Y17.86%
EPS Next 3Y18.06%
5. Dividend
5.1 Amount
CART does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
51.21
+1.82 (+3.68%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners80.39%
Inst Owner Change2.68%
Ins Owners3.66%
Ins Owner Change18.28%
Market Cap13.35B
Analysts76
Price Target54.01 (5.47%)
Short Float %7.17%
Short Ratio4.74
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)1
Avg EPS beat(2)16.05%
Min EPS beat(2)-5.96%
Max EPS beat(2)38.05%
EPS beat(4)3
Avg EPS beat(4)42.73%
Min EPS beat(4)-5.96%
Max EPS beat(4)88.39%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.46%
Min Revenue beat(2)-2.84%
Max Revenue beat(2)-2.07%
Revenue beat(4)1
Avg Revenue beat(4)-1.48%
Min Revenue beat(4)-2.84%
Max Revenue beat(4)0.04%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.61%
PT rev (3m)3.72%
EPS NQ rev (1m)-3.22%
EPS NQ rev (3m)15.51%
EPS NY rev (1m)-2.09%
EPS NY rev (3m)5.12%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)-0.61%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.6 | ||
| Fwd PE | 23.33 | ||
| P/S | 3.86 | ||
| P/FCF | 16.42 | ||
| P/OCF | 15.17 | ||
| P/B | 3.97 | ||
| P/tB | 4.45 | ||
| EV/EBITDA | 21.13 |
EPS(TTM)1.73
EY3.38%
EPS(NY)2.19
Fwd EY4.29%
FCF(TTM)3.12
FCFY6.09%
OCF(TTM)3.38
OCFY6.59%
SpS13.25
BVpS12.9
TBVpS11.51
PEG (NY)2.24
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.14% | ||
| ROE | 12.93% | ||
| ROCE | 13.36% | ||
| ROIC | 11.06% | ||
| ROICexc | 21.22% | ||
| ROICexgc | 26.7% | ||
| OM | 13.17% | ||
| PM (TTM) | 12.59% | ||
| GM | 67.61% | ||
| FCFM | 23.53% |
ROA(3y)-6.87%
ROA(5y)-5.28%
ROE(3y)-7.97%
ROE(5y)-6.32%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.6%
GM growth 5YN/A
F-Score8
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 90.54% | ||
| Cap/Sales | 1.94% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 166.35% | ||
| Profit Quality | 186.9% | ||
| Current Ratio | 3.24 | ||
| Quick Ratio | 3.24 | ||
| Altman-Z | 8.87 |
F-Score8
WACC8.87%
ROIC/WACC1.25
Cap/Depr(3y)83.03%
Cap/Depr(5y)73.11%
Cap/Sales(3y)1.58%
Cap/Sales(5y)1.29%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)108.74%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%105%
EPS Next Y13.2%
EPS Next 2Y17.86%
EPS Next 3Y18.06%
EPS Next 5Y20.22%
Revenue 1Y (TTM)11.05%
Revenue growth 3Y22.58%
Revenue growth 5Y73.64%
Sales Q2Q%11.06%
Revenue Next Year8.6%
Revenue Next 2Y8.98%
Revenue Next 3Y8.87%
Revenue Next 5Y8.26%
EBIT growth 1Y121.18%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year123.9%
EBIT Next 3Y42.81%
EBIT Next 5Y27.75%
FCF growth 1Y182.29%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y177.6%
OCF growth 3YN/A
OCF growth 5YN/A