MAPLEBEAR INC (CART) Stock Fundamental Analysis
NASDAQ:CART - Nasdaq - US5653941030 - Common Stock - Currency: USD
CART gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 41 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 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.
CART had a positive operating cash flow in the past year.
In multiple years CART reported negative net income over the last 5 years.
In multiple years CART reported negative operating cash flow during the last 5 years.
1.2 Ratios
CART has a Return On Assets of 10.14%. This is amongst the best in the industry. CART outperforms 92.68% of its industry peers.
CART's Return On Equity of 12.93% is fine compared to the rest of the industry. CART outperforms 68.29% of its industry peers.
CART has a Return On Invested Capital of 11.06%. This is amongst the best in the industry. CART outperforms 82.93% 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
Looking at the Profit Margin, with a value of 12.59%, CART belongs to the top of the industry, outperforming 97.56% of the companies in the same industry.
CART's Operating Margin of 13.17% is amongst the best of the industry. CART outperforms 100.00% of its industry peers.
CART has a better Gross Margin (67.61%) 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 just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CART has been reduced compared to 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
CART has an Altman-Z score of 7.92. This indicates that CART is financially healthy and has little risk of bankruptcy at the moment.
CART's Altman-Z score of 7.92 is amongst the best of the industry. CART outperforms 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 | 7.92 |
ROIC/WACC1.23
WACC9.02%
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 Current ratio of 3.24. This is amongst the best in the industry. CART outperforms 95.12% of its industry peers.
CART has a Quick Ratio of 3.24. This indicates that CART is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 3.24, CART belongs to the top of the industry, outperforming 95.12% of the companies in the same industry.
| 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
CART shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 73.64% yearly.
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
The Earnings Per Share is expected to grow by 20.22% on average over the next years. This is a very strong growth
Based on estimates for the next years, CART will show a quite strong growth in Revenue. The Revenue will grow by 8.26% on average per year.
EPS Next Y15.61%
EPS Next 2Y18.59%
EPS Next 3Y19.97%
EPS Next 5Y20.22%
Revenue Next Year8.63%
Revenue Next 2Y8.87%
Revenue Next 3Y8.64%
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
With a Price/Earnings ratio of 28.78, CART can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as CART.
Compared to an average S&P500 Price/Earnings ratio of 26.34, CART is valued at the same level.
With a Price/Forward Earnings ratio of 19.69, CART is valued on the expensive side.
CART's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CART is cheaper than 60.98% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CART to the average of the S&P500 Index (21.03), we can say CART is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.78 | ||
| Fwd PE | 19.69 |
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.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CART indicates a somewhat cheap valuation: CART is cheaper than 78.05% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.03 | ||
| EV/EBITDA | 18.24 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of CART may justify a higher PE ratio.
CART's earnings are expected to grow with 19.97% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.84
PEG (5Y)N/A
EPS Next 2Y18.59%
EPS Next 3Y19.97%
5. Dividend
5.1 Amount
CART does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
43.75
+0.61 (+1.41%)
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 Change5.1%
Ins Owners3.66%
Ins Owner Change19.45%
Market Cap11.41B
Analysts76
Price Target53.28 (21.78%)
Short Float %6.27%
Short Ratio3.32
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)1.46%
PT rev (3m)0.85%
EPS NQ rev (1m)5.39%
EPS NQ rev (3m)17.71%
EPS NY rev (1m)4.42%
EPS NY rev (3m)11.18%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)-0.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.78 | ||
| Fwd PE | 19.69 | ||
| P/S | 3.3 | ||
| P/FCF | 14.03 | ||
| P/OCF | 12.96 | ||
| P/B | 3.39 | ||
| P/tB | 3.8 | ||
| EV/EBITDA | 18.24 |
EPS(TTM)1.52
EY3.47%
EPS(NY)2.22
Fwd EY5.08%
FCF(TTM)3.12
FCFY7.13%
OCF(TTM)3.38
OCFY7.71%
SpS13.25
BVpS12.9
TBVpS11.51
PEG (NY)1.84
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 | 7.92 |
F-Score7
WACC9.02%
ROIC/WACC1.23
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 Y15.61%
EPS Next 2Y18.59%
EPS Next 3Y19.97%
EPS Next 5Y20.22%
Revenue 1Y (TTM)-10.54%
Revenue growth 3Y22.58%
Revenue growth 5Y73.64%
Sales Q2Q%9.39%
Revenue Next Year8.63%
Revenue Next 2Y8.87%
Revenue Next 3Y8.64%
Revenue Next 5Y8.26%
EBIT growth 1Y122.77%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year121.76%
EBIT Next 3Y40.62%
EBIT Next 5Y27.56%
FCF growth 1Y17.55%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y17.24%
OCF growth 3YN/A
OCF growth 5YN/A