CHEFS' WAREHOUSE INC/THE (CHEF) Stock Fundamental Analysis
USA - NASDAQ:CHEF - US1630861011 - Common Stock
62.36 USD
-1.3 (-2.04%)
62.36 USD
0 (0%)
CHEF gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 39 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. While showing a medium growth rate, CHEF is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
CHEF had positive earnings in the past year.
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
The Return On Assets of CHEF (3.89%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 12.94%, CHEF is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
CHEF's Return On Invested Capital of 6.49% is in line compared to the rest of the industry. CHEF outperforms 58.97% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CHEF is below the industry average of 8.75%.
The last Return On Invested Capital (6.49%) for CHEF is above the 3 year average (5.37%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.89% | ||
| ROE | 12.94% | ||
| ROIC | 6.49% |
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
Looking at the Profit Margin, with a value of 1.85%, CHEF is in line with its industry, outperforming 58.97% of the companies in the same industry.
In the last couple of years the Profit Margin of CHEF has remained more or less at the same level.
CHEF has a Operating Margin of 3.67%. This is in the better half of the industry: CHEF outperforms 66.67% of its industry peers.
In the last couple of years the Operating Margin of CHEF has remained more or less at the same level.
The Gross Margin of CHEF (24.22%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of CHEF has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.67% | ||
| PM (TTM) | 1.85% | ||
| GM | 24.22% |
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
CHEF has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
CHEF has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CHEF has been increased compared to 5 years ago.
The debt/assets ratio for CHEF has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.92 indicates that CHEF is not in any danger for bankruptcy at the moment.
CHEF has a Altman-Z score (3.92) which is in line with its industry peers.
CHEF has a debt to FCF ratio of 8.46. This is a slightly negative value and a sign of low solvency as CHEF would need 8.46 years to pay back of all of its debts.
The Debt to FCF ratio of CHEF (8.46) is comparable to the rest of the industry.
CHEF has a Debt/Equity ratio of 1.23. This is a high value indicating a heavy dependency on external financing.
CHEF has a worse Debt to Equity ratio (1.23) than 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 8.46 | ||
| Altman-Z | 3.92 |
ROIC/WACC0.84
WACC7.7%
2.3 Liquidity
A Current Ratio of 2.14 indicates that CHEF has no problem at all paying its short term obligations.
CHEF's Current ratio of 2.14 is amongst the best of the industry. CHEF outperforms 89.74% of its industry peers.
CHEF has a Quick Ratio of 1.19. This is a normal value and indicates that CHEF is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.19, CHEF is in the better half of the industry, outperforming 79.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.14 | ||
| Quick Ratio | 1.19 |
3. Growth
3.1 Past
CHEF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 31.88%, which is quite impressive.
Measured over the past 5 years, CHEF shows a small growth in Earnings Per Share. The EPS has been growing by 7.86% on average per year.
The Revenue has grown by 8.88% in the past year. This is quite good.
Measured over the past years, CHEF shows a quite strong growth in Revenue. The Revenue has been growing by 18.97% on average per year.
EPS 1Y (TTM)31.88%
EPS 3YN/A
EPS 5Y7.86%
EPS Q2Q%38.89%
Revenue 1Y (TTM)8.88%
Revenue growth 3Y29.53%
Revenue growth 5Y18.97%
Sales Q2Q%9.65%
3.2 Future
Based on estimates for the next years, CHEF will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.32% on average per year.
Based on estimates for the next years, CHEF will show a small growth in Revenue. The Revenue will grow by 7.62% on average per year.
EPS Next Y26.8%
EPS Next 2Y24.05%
EPS Next 3Y21.86%
EPS Next 5Y16.32%
Revenue Next Year8.93%
Revenue Next 2Y8.01%
Revenue Next 3Y7.93%
Revenue Next 5Y7.62%
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.
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
The Price/Earnings ratio is 34.26, 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 61.54% of the companies in the same industry.
CHEF's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.06.
The Price/Forward Earnings ratio is 27.76, which means the current valuation is very expensive for CHEF.
CHEF's Price/Forward Earnings is on the same level as the industry average.
CHEF's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 32.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.26 | ||
| Fwd PE | 27.76 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CHEF.
The rest of the industry has a similar Price/Free Cash Flow ratio as CHEF.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.34 | ||
| EV/EBITDA | 14.4 |
4.3 Compensation for Growth
CHEF's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
CHEF's earnings are expected to grow with 21.86% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.28
PEG (5Y)4.36
EPS Next 2Y24.05%
EPS Next 3Y21.86%
5. Dividend
5.1 Amount
No dividends for CHEF!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
62.36
-1.3 (-2.04%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners97.64%
Inst Owner Change-1.45%
Ins Owners11.22%
Ins Owner Change-0.99%
Market Cap2.54B
Revenue(TTM)4.04B
Net Income(TTM)74.60M
Analysts83.75
Price Target77.63 (24.49%)
Short Float %10.36%
Short Ratio8.49
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)13.88%
Min EPS beat(2)10.35%
Max EPS beat(2)17.41%
EPS beat(4)4
Avg EPS beat(4)15.2%
Min EPS beat(4)6.25%
Max EPS beat(4)26.78%
EPS beat(8)8
Avg EPS beat(8)22.68%
EPS beat(12)10
Avg EPS beat(12)13.09%
EPS beat(16)14
Avg EPS beat(16)85.25%
Revenue beat(2)1
Avg Revenue beat(2)0.71%
Min Revenue beat(2)-0.2%
Max Revenue beat(2)1.62%
Revenue beat(4)3
Avg Revenue beat(4)0.76%
Min Revenue beat(4)-0.2%
Max Revenue beat(4)1.62%
Revenue beat(8)5
Avg Revenue beat(8)0.64%
Revenue beat(12)9
Avg Revenue beat(12)2.48%
Revenue beat(16)13
Avg Revenue beat(16)3.27%
PT rev (1m)0%
PT rev (3m)-1.47%
EPS NQ rev (1m)0.91%
EPS NQ rev (3m)1.19%
EPS NY rev (1m)1.4%
EPS NY rev (3m)6.02%
Revenue NQ rev (1m)1.17%
Revenue NQ rev (3m)1.08%
Revenue NY rev (1m)1.06%
Revenue NY rev (3m)1.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.26 | ||
| Fwd PE | 27.76 | ||
| P/S | 0.63 | ||
| P/FCF | 29.34 | ||
| P/OCF | 19.8 | ||
| P/B | 4.41 | ||
| P/tB | 33.62 | ||
| EV/EBITDA | 14.4 |
EPS(TTM)1.82
EY2.92%
EPS(NY)2.25
Fwd EY3.6%
FCF(TTM)2.13
FCFY3.41%
OCF(TTM)3.15
OCFY5.05%
SpS99.13
BVpS14.15
TBVpS1.85
PEG (NY)1.28
PEG (5Y)4.36
Graham Number24.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.89% | ||
| ROE | 12.94% | ||
| ROCE | 9.82% | ||
| ROIC | 6.49% | ||
| ROICexc | 6.78% | ||
| ROICexgc | 10.38% | ||
| OM | 3.67% | ||
| PM (TTM) | 1.85% | ||
| GM | 24.22% | ||
| FCFM | 2.14% |
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
ROICexgc growth 3Y80.28%
ROICexgc 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-Score9
Asset Turnover2.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 8.46 | ||
| Debt/EBITDA | 3.19 | ||
| Cap/Depr | 55.93% | ||
| Cap/Sales | 1.03% | ||
| Interest Coverage | 3.64 | ||
| Cash Conversion | 57.58% | ||
| Profit Quality | 116.14% | ||
| Current Ratio | 2.14 | ||
| Quick Ratio | 1.19 | ||
| Altman-Z | 3.92 |
F-Score9
WACC7.7%
ROIC/WACC0.84
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)31.88%
EPS 3YN/A
EPS 5Y7.86%
EPS Q2Q%38.89%
EPS Next Y26.8%
EPS Next 2Y24.05%
EPS Next 3Y21.86%
EPS Next 5Y16.32%
Revenue 1Y (TTM)8.88%
Revenue growth 3Y29.53%
Revenue growth 5Y18.97%
Sales Q2Q%9.65%
Revenue Next Year8.93%
Revenue Next 2Y8.01%
Revenue Next 3Y7.93%
Revenue Next 5Y7.62%
EBIT growth 1Y20.6%
EBIT growth 3Y121.04%
EBIT growth 5Y20.35%
EBIT Next Year87.73%
EBIT Next 3Y32.02%
EBIT Next 5Y26.56%
FCF growth 1Y328.73%
FCF growth 3YN/A
FCF growth 5Y29.05%
OCF growth 1Y1022.97%
OCF growth 3YN/A
OCF growth 5Y27.74%
CHEFS' WAREHOUSE INC/THE / CHEF FAQ
Can you provide the ChartMill fundamental rating for CHEFS' WAREHOUSE INC/THE?
ChartMill assigns a fundamental rating of 4 / 10 to CHEF.
What is the valuation status of CHEFS' WAREHOUSE INC/THE (CHEF) stock?
ChartMill assigns a valuation rating of 2 / 10 to CHEFS' WAREHOUSE INC/THE (CHEF). This can be considered as Overvalued.
How profitable is CHEFS' WAREHOUSE INC/THE (CHEF) stock?
CHEFS' WAREHOUSE INC/THE (CHEF) has a profitability rating of 5 / 10.
What is the valuation of CHEFS' WAREHOUSE INC/THE based on its PE and PB ratios?
The Price/Earnings (PE) ratio for CHEFS' WAREHOUSE INC/THE (CHEF) is 34.26 and the Price/Book (PB) ratio is 4.41.
What is the earnings growth outlook for CHEFS' WAREHOUSE INC/THE?
The Earnings per Share (EPS) of CHEFS' WAREHOUSE INC/THE (CHEF) is expected to grow by 26.8% in the next year.