MAPLEBEAR INC (CART) Stock Fundamental Analysis
NASDAQ:CART - Nasdaq - US5653941030 - Common Stock - Currency: USD
Overall CART gets a fundamental rating of 6 out of 10. We evaluated CART against 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
In the past year CART was profitable.
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
The Return On Assets of CART (11.20%) is better than 100.00% of its industry peers.
CART's Return On Equity of 14.06% is fine compared to the rest of the industry. CART outperforms 67.50% of its industry peers.
The Return On Invested Capital of CART (12.21%) is better than 85.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.2% | ||
| ROE | 14.06% | ||
| ROIC | 12.21% |
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
Looking at the Profit Margin, with a value of 13.65%, CART belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Looking at the Operating Margin, with a value of 14.48%, CART belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Gross Margin of CART (67.47%) is better than 100.00% of its industry peers.
CART's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.48% | ||
| PM (TTM) | 13.65% | ||
| GM | 67.47% |
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 just above the Cost of Capital (WACC), which means it is creating some value.
CART has less shares outstanding than it did 1 year ago.
There is no outstanding debt for CART. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 9.07 indicates that CART is not in any danger for bankruptcy at the moment.
CART has a better Altman-Z score (9.07) than 95.00% of its industry peers.
There is no outstanding debt for CART. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 9.07 |
ROIC/WACC1.36
WACC8.97%
2.3 Liquidity
A Current Ratio of 3.38 indicates that CART has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.38, CART belongs to the best of the industry, outperforming 97.50% of the companies in the same industry.
A Quick Ratio of 3.38 indicates that CART has no problem at all paying its short term obligations.
CART's Quick ratio of 3.38 is amongst the best of the industry. CART outperforms 97.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.38 | ||
| Quick Ratio | 3.38 |
3. Growth
3.1 Past
CART shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 112.71%, which is quite impressive.
Looking at the last year, CART shows a quite strong growth in Revenue. The Revenue has grown by 11.05% in the last year.
Measured over the past years, CART shows a very strong growth in Revenue. The Revenue has been growing by 73.64% on average per year.
EPS 1Y (TTM)112.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-13.95%
Revenue 1Y (TTM)11.05%
Revenue growth 3Y22.58%
Revenue growth 5Y73.64%
Sales Q2Q%9.39%
3.2 Future
The Earnings Per Share is expected to grow by 25.43% on average over the next years. This is a very strong growth
Based on estimates for the next years, CART will show a small growth in Revenue. The Revenue will grow by 7.65% on average per year.
EPS Next Y7.68%
EPS Next 2Y13.96%
EPS Next 3Y16.85%
EPS Next 5Y25.43%
Revenue Next Year8.63%
Revenue Next 2Y8.9%
Revenue Next 3Y8.57%
Revenue Next 5Y7.65%
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
CART is valuated quite expensively with a Price/Earnings ratio of 29.75.
CART's Price/Earnings ratio is in line with the industry average.
CART is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.18, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 22.04, CART is valued on the expensive side.
CART's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 20.81. CART is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.75 | ||
| Fwd PE | 22.04 |
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 65.00% 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 67.50% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.05 | ||
| EV/EBITDA | 19.1 |
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 16.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.87
PEG (5Y)N/A
EPS Next 2Y13.96%
EPS Next 3Y16.85%
5. Dividend
5.1 Amount
CART does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
45.22
+5.42 (+13.62%)
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 Change6.37%
Ins Owners3.01%
Ins Owner Change17.27%
Market Cap11.87B
Analysts76
Price Target51.68 (14.29%)
Short Float %5.86%
Short Ratio2.88
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)63.22%
Min EPS beat(2)38.05%
Max EPS beat(2)88.39%
EPS beat(4)4
Avg EPS beat(4)588.14%
Min EPS beat(4)38.05%
Max EPS beat(4)2175.67%
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)-1.94%
Min Revenue beat(2)-2.84%
Max Revenue beat(2)-1.04%
Revenue beat(4)2
Avg Revenue beat(4)-0.63%
Min Revenue beat(4)-2.84%
Max Revenue beat(4)1.32%
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)-1.83%
PT rev (3m)-0.88%
EPS NQ rev (1m)0.36%
EPS NQ rev (3m)2%
EPS NY rev (1m)0.14%
EPS NY rev (3m)3.97%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)0.49%
Revenue NY rev (1m)-0.32%
Revenue NY rev (3m)-0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.75 | ||
| Fwd PE | 22.04 | ||
| P/S | 3.51 | ||
| P/FCF | 19.05 | ||
| P/OCF | 17.28 | ||
| P/B | 3.62 | ||
| P/tB | 4.08 | ||
| EV/EBITDA | 19.1 |
EPS(TTM)1.52
EY3.36%
EPS(NY)2.05
Fwd EY4.54%
FCF(TTM)2.37
FCFY5.25%
OCF(TTM)2.62
OCFY5.79%
SpS12.87
BVpS12.49
TBVpS11.09
PEG (NY)3.87
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.2% | ||
| ROE | 14.06% | ||
| ROCE | 14.74% | ||
| ROIC | 12.21% | ||
| ROICexc | 20.78% | ||
| ROICexgc | 25.64% | ||
| OM | 14.48% | ||
| PM (TTM) | 13.65% | ||
| GM | 67.47% | ||
| FCFM | 18.44% |
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 Turnover0.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 114.29% | ||
| Cap/Sales | 1.89% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 126.06% | ||
| Profit Quality | 135.14% | ||
| Current Ratio | 3.38 | ||
| Quick Ratio | 3.38 | ||
| Altman-Z | 9.07 |
F-Score8
WACC8.97%
ROIC/WACC1.36
Cap/Depr(3y)107%
Cap/Depr(5y)105.7%
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)112.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-13.95%
EPS Next Y7.68%
EPS Next 2Y13.96%
EPS Next 3Y16.85%
EPS Next 5Y25.43%
Revenue 1Y (TTM)11.05%
Revenue growth 3Y22.58%
Revenue growth 5Y73.64%
Sales Q2Q%9.39%
Revenue Next Year8.63%
Revenue Next 2Y8.9%
Revenue Next 3Y8.57%
Revenue Next 5Y7.65%
EBIT growth 1Y124.55%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year116.65%
EBIT Next 3Y40.48%
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