MAPLEBEAR INC (CART) Stock Fundamental Analysis
NASDAQ:CART - Nasdaq - US5653941030 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to CART. CART was compared to 41 industry peers in the Consumer Staples Distribution & Retail industry. CART is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. CART is valied quite expensively at the moment, while 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.
In multiple years CART reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.14%, CART belongs to the top of the industry, outperforming 92.68% of the companies in the same industry.
With a decent Return On Equity value of 12.93%, CART is doing good in the industry, outperforming 68.29% of the companies in the same industry.
CART has a Return On Invested Capital of 11.06%. This is amongst the best in the industry. CART outperforms 82.93% 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
CART's Profit Margin of 12.59% is amongst the best of the industry. CART outperforms 97.56% of its industry peers.
CART has a better Operating Margin (13.17%) than 100.00% of its industry peers.
The Gross Margin of CART (67.61%) is better than 100.00% of its industry peers.
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
CART has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for CART has been reduced compared to 1 year ago.
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 8.24 indicates that CART is not in any danger for bankruptcy at the moment.
CART has a better Altman-Z score (8.24) than 95.12% 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 | 8.24 |
ROIC/WACC0.69
WACC16.01%
2.3 Liquidity
CART has a Current Ratio of 3.24. This indicates that CART is financially healthy and has no problem in meeting its short term obligations.
CART has a better Current ratio (3.24) than 95.12% 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 Quick ratio of 3.24. This is amongst the best in the industry. CART outperforms 95.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.24 | ||
| Quick Ratio | 3.24 |
3. Growth
3.1 Past
CART shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 127.61%, which is quite impressive.
The Revenue for CART has decreased by -10.54% in the past year. This is quite bad
The Revenue has been growing by 73.64% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)127.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-13.95%
Revenue 1Y (TTM)-10.54%
Revenue growth 3Y22.58%
Revenue growth 5Y73.64%
Sales Q2Q%9.39%
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 25.43% on average per year.
The Revenue is expected to grow by 7.65% on average over the next years.
EPS Next Y10.72%
EPS Next 2Y19.11%
EPS Next 3Y19.58%
EPS Next 5Y25.43%
Revenue Next Year8.63%
Revenue Next 2Y8.9%
Revenue Next 3Y8.52%
Revenue Next 5Y7.65%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
CART is valuated quite expensively with a Price/Earnings ratio of 30.05.
Compared to the rest of the industry, the Price/Earnings ratio of CART is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.25. CART is around the same levels.
Based on the Price/Forward Earnings ratio of 20.37, the valuation of CART can be described as rather expensive.
63.41% of the companies in the same industry are more expensive than CART, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.15. CART is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.05 | ||
| Fwd PE | 20.37 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CART indicates a slightly more expensive valuation: CART is more expensive than 65.85% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CART is valued a bit cheaper than 78.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.65 | ||
| EV/EBITDA | 19.18 |
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.
The decent profitability rating of CART may justify a higher PE ratio.
CART's earnings are expected to grow with 19.58% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.8
PEG (5Y)N/A
EPS Next 2Y19.11%
EPS Next 3Y19.58%
5. Dividend
5.1 Amount
CART does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
45.67
-0.09 (-0.2%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners74.95%
Inst Owner Change5.1%
Ins Owners3.01%
Ins Owner Change16.15%
Market Cap11.91B
Analysts76
Price Target52.52 (15%)
Short Float %5.43%
Short Ratio2.67
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)1.61%
PT rev (3m)-0.05%
EPS NQ rev (1m)11.82%
EPS NQ rev (3m)5.52%
EPS NY rev (1m)2.82%
EPS NY rev (3m)6.47%
Revenue NQ rev (1m)-0.52%
Revenue NQ rev (3m)-0.66%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.05 | ||
| Fwd PE | 20.37 | ||
| P/S | 3.45 | ||
| P/FCF | 14.65 | ||
| P/OCF | 13.53 | ||
| P/B | 3.54 | ||
| P/tB | 3.97 | ||
| EV/EBITDA | 19.18 |
EPS(TTM)1.52
EY3.33%
EPS(NY)2.24
Fwd EY4.91%
FCF(TTM)3.12
FCFY6.83%
OCF(TTM)3.38
OCFY7.39%
SpS13.25
BVpS12.9
TBVpS11.51
PEG (NY)2.8
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-Score7
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 87.01% | ||
| Cap/Sales | 1.94% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 165.41% | ||
| Profit Quality | 186.9% | ||
| Current Ratio | 3.24 | ||
| Quick Ratio | 3.24 | ||
| Altman-Z | 8.24 |
F-Score7
WACC16.01%
ROIC/WACC0.69
Cap/Depr(3y)90.08%
Cap/Depr(5y)95.55%
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)127.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-13.95%
EPS Next Y10.72%
EPS Next 2Y19.11%
EPS Next 3Y19.58%
EPS Next 5Y25.43%
Revenue 1Y (TTM)-10.54%
Revenue growth 3Y22.58%
Revenue growth 5Y73.64%
Sales Q2Q%9.39%
Revenue Next Year8.63%
Revenue Next 2Y8.9%
Revenue Next 3Y8.52%
Revenue Next 5Y7.65%
EBIT growth 1Y122.77%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year121.76%
EBIT Next 3Y40.62%
EBIT Next 5Y26.2%
FCF growth 1Y17.55%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y17.24%
OCF growth 3YN/A
OCF growth 5YN/A