CHEFS' WAREHOUSE INC/THE (CHEF) Stock Fundamental Analysis
NASDAQ:CHEF - Nasdaq - US1630861011 - Common Stock - Currency: USD
Overall CHEF gets a fundamental rating of 4 out of 10. We evaluated CHEF against 41 industry peers in the Consumer Staples Distribution & Retail industry. CHEF has an average financial health and profitability rating. 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.
In multiple years CHEF reported negative net income over the last 5 years.
Of the past 5 years CHEF 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 3.47%, CHEF perfoms like the industry average, outperforming 53.66% of the companies in the same industry.
CHEF has a Return On Equity of 11.79%. This is in the better half of the industry: CHEF outperforms 63.41% 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 56.10% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CHEF is below the industry average of 8.02%.
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
Looking at the Profit Margin, with a value of 1.65%, CHEF is in the better half of the industry, outperforming 60.98% 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 3.49%. This is in the better half of the industry: CHEF outperforms 68.29% of its industry peers.
CHEF's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 24.05%, CHEF is in line with its industry, outperforming 53.66% 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
CHEF 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 CHEF has been increased compared to 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
CHEF has an Altman-Z score of 3.91. This indicates that CHEF is financially healthy and has little risk of bankruptcy at the moment.
CHEF has a Altman-Z score (3.91) which is in line with its industry peers.
CHEF has a debt to FCF ratio of 5.52. This is a neutral value as CHEF would need 5.52 years to pay back of all of its debts.
With a Debt to FCF ratio value of 5.52, CHEF perfoms like the industry average, outperforming 56.10% of the companies in the same industry.
A Debt/Equity ratio of 1.26 is on the high side and indicates that CHEF has dependencies on debt financing.
The Debt to Equity ratio of CHEF (1.26) is worse than 73.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 5.52 | ||
| Altman-Z | 3.91 |
ROIC/WACC0.46
WACC13.45%
2.3 Liquidity
CHEF has a Current Ratio of 2.05. This indicates that CHEF is financially healthy and has no problem in meeting its short term obligations.
CHEF has a better Current ratio (2.05) than 85.37% of its industry peers.
CHEF has a Quick Ratio of 1.27. This is a normal value and indicates that CHEF is financially healthy and should not expect problems in meeting its short term obligations.
CHEF has a Quick ratio of 1.27. This is amongst the best in the industry. CHEF outperforms 85.37% 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.
The Earnings Per Share has been growing slightly by 7.86% on average over the past years.
The Revenue has been growing slightly by 7.86% in the past 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 17.30% yearly.
The Revenue is expected to grow by 7.84% on average over the next years.
EPS Next Y17.79%
EPS Next 2Y18.38%
EPS Next 3Y17.72%
EPS Next 5Y17.3%
Revenue Next Year7.16%
Revenue Next 2Y7.05%
Revenue Next 3Y7.83%
Revenue Next 5Y7.84%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
Based on the Price/Earnings ratio of 39.83, the valuation of CHEF can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of CHEF indicates a slightly more expensive valuation: CHEF is more expensive than 65.85% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CHEF to the average of the S&P500 Index (25.82), we can say CHEF is valued expensively.
With a Price/Forward Earnings ratio of 30.36, CHEF can be considered very expensive at the moment.
CHEF's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of CHEF to the average of the S&P500 Index (21.76), we can say CHEF is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.83 | ||
| Fwd PE | 30.36 |
4.2 Price Multiples
63.41% of the companies in the same industry are cheaper than CHEF, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CHEF indicates a somewhat cheap valuation: CHEF is cheaper than 63.41% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.91 | ||
| EV/EBITDA | 15.35 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CHEF does not grow enough to justify the current Price/Earnings ratio.
CHEF's earnings are expected to grow with 17.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.24
PEG (5Y)5.07
EPS Next 2Y18.38%
EPS Next 3Y17.72%
5. Dividend
5.1 Amount
CHEF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
62.13
+0.36 (+0.58%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners94.87%
Inst Owner Change1.49%
Ins Owners11.65%
Ins Owner Change-7.01%
Market Cap2.53B
Analysts85.71
Price Target70.64 (13.7%)
Short Float %9.38%
Short Ratio6.47
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)-0.72%
PT rev (3m)6.54%
EPS NQ rev (1m)-1.62%
EPS NQ rev (3m)-2.69%
EPS NY rev (1m)-0.14%
EPS NY rev (3m)-1.69%
Revenue NQ rev (1m)0.29%
Revenue NQ rev (3m)0.19%
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.83 | ||
| Fwd PE | 30.36 | ||
| P/S | 0.65 | ||
| P/FCF | 19.91 | ||
| P/OCF | 14.72 | ||
| P/B | 4.67 | ||
| P/tB | 81.54 | ||
| EV/EBITDA | 15.35 |
EPS(TTM)1.56
EY2.51%
EPS(NY)2.05
Fwd EY3.29%
FCF(TTM)3.12
FCFY5.02%
OCF(TTM)4.22
OCFY6.79%
SpS95.14
BVpS13.31
TBVpS0.76
PEG (NY)2.24
PEG (5Y)5.07
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 | 3.91 |
F-Score8
WACC13.45%
ROIC/WACC0.46
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 Y17.79%
EPS Next 2Y18.38%
EPS Next 3Y17.72%
EPS Next 5Y17.3%
Revenue 1Y (TTM)7.86%
Revenue growth 3Y29.53%
Revenue growth 5Y18.97%
Sales Q2Q%8.72%
Revenue Next Year7.16%
Revenue Next 2Y7.05%
Revenue Next 3Y7.83%
Revenue Next 5Y7.84%
EBIT growth 1Y22.49%
EBIT growth 3Y121.04%
EBIT growth 5Y20.35%
EBIT Next Year84.85%
EBIT Next 3Y31.84%
EBIT Next 5Y26.37%
FCF growth 1Y526.7%
FCF growth 3YN/A
FCF growth 5Y29.05%
OCF growth 1Y1521.6%
OCF growth 3YN/A
OCF growth 5Y27.74%