CHEFS' WAREHOUSE INC/THE (CHEF) Stock Fundamental Analysis
NASDAQ:CHEF - Nasdaq - US1630861011 - Common Stock - Currency: USD
CHEF gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 40 industry peers in the Consumer Staples Distribution & Retail industry. Both the profitability and the financial health of CHEF get a neutral evaluation. Nothing too spectacular is happening here. CHEF is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CHEF was profitable.
In the past year CHEF had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: CHEF reported negative net income in multiple years.
CHEF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 3.47%, CHEF perfoms like the industry average, outperforming 52.50% of the companies in the same industry.
CHEF has a Return On Equity of 11.79%. This is comparable to the rest of the industry: CHEF outperforms 60.00% of its industry peers.
CHEF's Return On Invested Capital of 6.23% is in line compared to the rest of the industry. CHEF outperforms 55.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CHEF is below the industry average of 8.23%.
The 3 year average ROIC (5.37%) for CHEF is below the current ROIC(6.23%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.47% | ||
| ROE | 11.79% | ||
| ROIC | 6.23% |
ROA(3y)2.29%
ROA(5y)-0.42%
ROE(3y)8.28%
ROE(5y)-0.12%
ROIC(3y)5.37%
ROIC(5y)N/A
1.3 Margins
CHEF's Profit Margin of 1.65% is in line compared to the rest of the industry. CHEF outperforms 57.50% of its industry peers.
In the last couple of years the Profit Margin of CHEF has remained more or less at the same level.
Looking at the Operating Margin, with a value of 3.49%, CHEF is in the better half of the industry, outperforming 67.50% of the companies in the same industry.
In the last couple of years the Operating Margin of CHEF has remained more or less at the same level.
Looking at the Gross Margin, with a value of 24.05%, CHEF is in line with its industry, outperforming 55.00% of the companies in the same industry.
CHEF's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.49% | ||
| PM (TTM) | 1.65% | ||
| GM | 24.05% |
OM growth 3Y70.65%
OM growth 5Y1.16%
PM growth 3YN/A
PM growth 5Y-0.78%
GM growth 3Y2.51%
GM growth 5Y-0.16%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CHEF is destroying value.
CHEF has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, CHEF has more shares outstanding
CHEF has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.94 indicates that CHEF is not in any danger for bankruptcy at the moment.
CHEF has a Altman-Z score (3.94) which is comparable to the rest of the industry.
The Debt to FCF ratio of CHEF is 5.52, which is a neutral value as it means it would take CHEF, 5.52 years of fcf income to pay off all of its debts.
CHEF's Debt to FCF ratio of 5.52 is in line compared to the rest of the industry. CHEF outperforms 57.50% of its industry peers.
A Debt/Equity ratio of 1.26 is on the high side and indicates that CHEF has dependencies on debt financing.
With a Debt to Equity ratio value of 1.26, CHEF is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 5.52 | ||
| Altman-Z | 3.94 |
ROIC/WACC0.78
WACC7.99%
2.3 Liquidity
A Current Ratio of 2.05 indicates that CHEF has no problem at all paying its short term obligations.
With an excellent Current ratio value of 2.05, CHEF belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
A Quick Ratio of 1.27 indicates that CHEF should not have too much problems paying its short term obligations.
CHEF's Quick ratio of 1.27 is amongst the best of the industry. CHEF outperforms 85.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.05 | ||
| Quick Ratio | 1.27 |
3. Growth
3.1 Past
CHEF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.00%, which is quite impressive.
CHEF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.86% yearly.
Looking at the last year, CHEF shows a small growth in Revenue. The Revenue has grown by 7.86% in the last year.
The Revenue has been growing by 18.97% on average over the past years. This is quite good.
EPS 1Y (TTM)20%
EPS 3YN/A
EPS 5Y7.86%
EPS Q2Q%66.67%
Revenue 1Y (TTM)7.86%
Revenue growth 3Y29.53%
Revenue growth 5Y18.97%
Sales Q2Q%8.72%
3.2 Future
CHEF is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.26% yearly.
CHEF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 8.00% yearly.
EPS Next Y19.61%
EPS Next 2Y19.09%
EPS Next 3Y17.72%
EPS Next 5Y18.26%
Revenue Next Year7.22%
Revenue Next 2Y5.22%
Revenue Next 3Y7.83%
Revenue Next 5Y8%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
The Price/Earnings ratio is 41.80, which means the current valuation is very expensive for CHEF.
CHEF's Price/Earnings ratio is a bit more expensive when compared to the industry. CHEF is more expensive than 70.00% of the companies in the same industry.
CHEF is valuated expensively when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
CHEF is valuated quite expensively with a Price/Forward Earnings ratio of 31.49.
CHEF's Price/Forward Earnings ratio is in line with the industry average.
CHEF's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.8 | ||
| Fwd PE | 31.49 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CHEF indicates a slightly more expensive valuation: CHEF is more expensive than 62.50% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CHEF is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.9 | ||
| EV/EBITDA | 15.59 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CHEF's earnings are expected to grow with 17.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.13
PEG (5Y)5.32
EPS Next 2Y19.09%
EPS Next 3Y17.72%
5. Dividend
5.1 Amount
No dividends for CHEF!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
65.21
+1.84 (+2.9%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners94.71%
Inst Owner Change0%
Ins Owners11.28%
Ins Owner Change-1.93%
Market Cap2.65B
Analysts85.71
Price Target72.8 (11.64%)
Short Float %11.25%
Short Ratio8.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.51%
Min EPS beat(2)6.25%
Max EPS beat(2)26.78%
EPS beat(4)4
Avg EPS beat(4)11.73%
Min EPS beat(4)4.96%
Max EPS beat(4)26.78%
EPS beat(8)6
Avg EPS beat(8)15.21%
EPS beat(12)10
Avg EPS beat(12)18.77%
EPS beat(16)14
Avg EPS beat(16)91.84%
Revenue beat(2)2
Avg Revenue beat(2)0.82%
Min Revenue beat(2)0.6%
Max Revenue beat(2)1.03%
Revenue beat(4)2
Avg Revenue beat(4)-0.41%
Min Revenue beat(4)-2.47%
Max Revenue beat(4)1.03%
Revenue beat(8)6
Avg Revenue beat(8)1.51%
Revenue beat(12)10
Avg Revenue beat(12)3.22%
Revenue beat(16)14
Avg Revenue beat(16)4.58%
PT rev (1m)3.07%
PT rev (3m)2.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.02%
EPS NY rev (1m)1.54%
EPS NY rev (3m)0.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.8 | ||
| Fwd PE | 31.49 | ||
| P/S | 0.69 | ||
| P/FCF | 20.9 | ||
| P/OCF | 15.45 | ||
| P/B | 4.9 | ||
| P/tB | 85.59 | ||
| EV/EBITDA | 15.59 |
EPS(TTM)1.56
EY2.39%
EPS(NY)2.07
Fwd EY3.18%
FCF(TTM)3.12
FCFY4.79%
OCF(TTM)4.22
OCFY6.47%
SpS95.14
BVpS13.31
TBVpS0.76
PEG (NY)2.13
PEG (5Y)5.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.47% | ||
| ROE | 11.79% | ||
| ROCE | 9.43% | ||
| ROIC | 6.23% | ||
| ROICexc | 6.78% | ||
| ROICexgc | 11.08% | ||
| OM | 3.49% | ||
| PM (TTM) | 1.65% | ||
| GM | 24.05% | ||
| FCFM | 3.28% |
ROA(3y)2.29%
ROA(5y)-0.42%
ROE(3y)8.28%
ROE(5y)-0.12%
ROIC(3y)5.37%
ROIC(5y)N/A
ROICexc(3y)5.85%
ROICexc(5y)N/A
ROICexgc(3y)9.92%
ROICexgc(5y)N/A
ROCE(3y)8.12%
ROCE(5y)N/A
ROICexcg growth 3Y80.28%
ROICexcg growth 5Y4.02%
ROICexc growth 3Y84.08%
ROICexc growth 5Y6.73%
OM growth 3Y70.65%
OM growth 5Y1.16%
PM growth 3YN/A
PM growth 5Y-0.78%
GM growth 3Y2.51%
GM growth 5Y-0.16%
F-Score8
Asset Turnover2.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 5.52 | ||
| Debt/EBITDA | 3.36 | ||
| Cap/Depr | 65.99% | ||
| Cap/Sales | 1.16% | ||
| Interest Coverage | 3.33 | ||
| Cash Conversion | 84.68% | ||
| Profit Quality | 198.86% | ||
| Current Ratio | 2.05 | ||
| Quick Ratio | 1.27 | ||
| Altman-Z | 3.94 |
F-Score8
WACC7.99%
ROIC/WACC0.78
Cap/Depr(3y)99.81%
Cap/Depr(5y)86.31%
Cap/Sales(3y)1.58%
Cap/Sales(5y)1.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)20%
EPS 3YN/A
EPS 5Y7.86%
EPS Q2Q%66.67%
EPS Next Y19.61%
EPS Next 2Y19.09%
EPS Next 3Y17.72%
EPS Next 5Y18.26%
Revenue 1Y (TTM)7.86%
Revenue growth 3Y29.53%
Revenue growth 5Y18.97%
Sales Q2Q%8.72%
Revenue Next Year7.22%
Revenue Next 2Y5.22%
Revenue Next 3Y7.83%
Revenue Next 5Y8%
EBIT growth 1Y22.49%
EBIT growth 3Y121.04%
EBIT growth 5Y20.35%
EBIT Next Year84.85%
EBIT Next 3Y31.84%
EBIT Next 5Y26.66%
FCF growth 1Y526.7%
FCF growth 3YN/A
FCF growth 5Y29.05%
OCF growth 1Y1521.6%
OCF growth 3YN/A
OCF growth 5Y27.74%