CHEFS' WAREHOUSE INC/THE (CHEF) Stock Fundamental Analysis
USA - NASDAQ:CHEF - US1630861011 - Common Stock
57.1 USD
+0.98 (+1.75%)
57.1 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. CHEF has an average financial health and profitability rating. CHEF is quite expensive at the moment. It does show a decent growth rate.
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.
CHEF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
CHEF has a Return On Assets of 3.65%. This is comparable to the rest of the industry: CHEF outperforms 48.72% of its industry peers.
With a Return On Equity value of 12.47%, CHEF perfoms like the industry average, outperforming 58.97% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.36%, CHEF is in line with its industry, outperforming 58.97% of the companies in the same industry.
CHEF had an Average Return On Invested Capital over the past 3 years of 5.37%. This is below the industry average of 8.75%.
The 3 year average ROIC (5.37%) for CHEF is below the current ROIC(6.36%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.65% | ||
| ROE | 12.47% | ||
| ROIC | 6.36% |
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
With a Profit Margin value of 1.76%, CHEF perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
CHEF's Profit Margin has been stable in the last couple of years.
CHEF's Operating Margin of 3.58% is fine compared to the rest of the industry. CHEF outperforms 66.67% of its industry peers.
CHEF's Operating Margin has been stable in the last couple of years.
CHEF has a Gross Margin of 24.20%. This is comparable to the rest of the industry: CHEF outperforms 51.28% of its industry peers.
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 | 3.58% | ||
| PM (TTM) | 1.76% | ||
| GM | 24.2% |
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.
CHEF has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.73 indicates that CHEF is not in any danger for bankruptcy at the moment.
CHEF's Altman-Z score of 3.73 is in line compared to the rest of the industry. CHEF outperforms 46.15% of its industry peers.
CHEF has a debt to FCF ratio of 6.00. This is a slightly negative value and a sign of low solvency as CHEF would need 6.00 years to pay back of all of its debts.
CHEF has a Debt to FCF ratio (6.00) which is comparable to the rest of the industry.
A Debt/Equity ratio of 1.24 is on the high side and indicates that CHEF has dependencies on debt financing.
CHEF's Debt to Equity ratio of 1.24 is on the low side compared to the rest of the industry. CHEF is outperformed by 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 6 | ||
| Altman-Z | 3.73 |
ROIC/WACC0.83
WACC7.65%
2.3 Liquidity
CHEF has a Current Ratio of 2.01. This indicates that CHEF is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of CHEF (2.01) is better than 87.18% of its industry peers.
A Quick Ratio of 1.17 indicates that CHEF should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.17, CHEF is doing good in the industry, outperforming 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
CHEF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.44%, which is quite impressive.
The Earnings Per Share has been growing slightly by 7.86% on average over the past years.
CHEF shows a small growth in Revenue. In the last year, the Revenue has grown by 7.90%.
CHEF shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.97% yearly.
EPS 1Y (TTM)24.44%
EPS 3YN/A
EPS 5Y7.86%
EPS Q2Q%30%
Revenue 1Y (TTM)7.9%
Revenue growth 3Y29.53%
Revenue growth 5Y18.97%
Sales Q2Q%8.4%
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 18.58% yearly.
CHEF is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.15% yearly.
EPS Next Y25.05%
EPS Next 2Y22.8%
EPS Next 3Y21.91%
EPS Next 5Y18.58%
Revenue Next Year7.79%
Revenue Next 2Y7.66%
Revenue Next 3Y7.77%
Revenue Next 5Y8.15%
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
The Price/Earnings ratio is 33.99, which means the current valuation is very expensive for CHEF.
CHEF's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of CHEF to the average of the S&P500 Index (27.70), we can say CHEF is valued slightly more expensively.
Based on the Price/Forward Earnings ratio of 25.93, the valuation of CHEF can be described as expensive.
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 23.15.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.99 | ||
| Fwd PE | 25.93 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CHEF.
CHEF's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CHEF is cheaper than 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.69 | ||
| EV/EBITDA | 13.64 |
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 21.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.36
PEG (5Y)4.32
EPS Next 2Y22.8%
EPS Next 3Y21.91%
5. Dividend
5.1 Amount
CHEF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
57.1
+0.98 (+1.75%)
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 Change0%
Ins Owners11.22%
Ins Owner Change-0.07%
Market Cap2.33B
Analysts84
Price Target77.63 (35.95%)
Short Float %11.62%
Short Ratio8.88
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)18.56%
Min EPS beat(2)10.35%
Max EPS beat(2)26.78%
EPS beat(4)4
Avg EPS beat(4)12.08%
Min EPS beat(4)4.96%
Max EPS beat(4)26.78%
EPS beat(8)7
Avg EPS beat(8)19.96%
EPS beat(12)10
Avg EPS beat(12)15.1%
EPS beat(16)14
Avg EPS beat(16)85.46%
Revenue beat(2)1
Avg Revenue beat(2)0.2%
Min Revenue beat(2)-0.2%
Max Revenue beat(2)0.6%
Revenue beat(4)2
Avg Revenue beat(4)-0.26%
Min Revenue beat(4)-2.47%
Max Revenue beat(4)1.03%
Revenue beat(8)5
Avg Revenue beat(8)0.92%
Revenue beat(12)9
Avg Revenue beat(12)2.72%
Revenue beat(16)13
Avg Revenue beat(16)3.51%
PT rev (1m)-1.47%
PT rev (3m)6.64%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.55%
EPS NY rev (1m)1.7%
EPS NY rev (3m)4.56%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.1%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.99 | ||
| Fwd PE | 25.93 | ||
| P/S | 0.59 | ||
| P/FCF | 19.69 | ||
| P/OCF | 14.83 | ||
| P/B | 4.17 | ||
| P/tB | 44.05 | ||
| EV/EBITDA | 13.64 |
EPS(TTM)1.68
EY2.94%
EPS(NY)2.2
Fwd EY3.86%
FCF(TTM)2.9
FCFY5.08%
OCF(TTM)3.85
OCFY6.74%
SpS96.93
BVpS13.68
TBVpS1.3
PEG (NY)1.36
PEG (5Y)4.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.65% | ||
| ROE | 12.47% | ||
| ROCE | 9.63% | ||
| ROIC | 6.36% | ||
| ROICexc | 6.81% | ||
| ROICexgc | 10.78% | ||
| OM | 3.58% | ||
| PM (TTM) | 1.76% | ||
| GM | 24.2% | ||
| FCFM | 2.99% |
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 Turnover2.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 6 | ||
| Debt/EBITDA | 3.25 | ||
| Cap/Depr | 54.32% | ||
| Cap/Sales | 0.98% | ||
| Interest Coverage | 3.53 | ||
| Cash Conversion | 73.82% | ||
| Profit Quality | 169.94% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 3.73 |
F-Score8
WACC7.65%
ROIC/WACC0.83
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)24.44%
EPS 3YN/A
EPS 5Y7.86%
EPS Q2Q%30%
EPS Next Y25.05%
EPS Next 2Y22.8%
EPS Next 3Y21.91%
EPS Next 5Y18.58%
Revenue 1Y (TTM)7.9%
Revenue growth 3Y29.53%
Revenue growth 5Y18.97%
Sales Q2Q%8.4%
Revenue Next Year7.79%
Revenue Next 2Y7.66%
Revenue Next 3Y7.77%
Revenue Next 5Y8.15%
EBIT growth 1Y20.42%
EBIT growth 3Y121.04%
EBIT growth 5Y20.35%
EBIT Next Year87.73%
EBIT Next 3Y32.02%
EBIT Next 5Y26.75%
FCF growth 1Y476.54%
FCF growth 3YN/A
FCF growth 5Y29.05%
OCF growth 1Y1010.43%
OCF growth 3YN/A
OCF growth 5Y27.74%