64.46 USD
+1.04 (+1.64%)
64.46 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to CHEF. CHEF was compared to 38 industry peers in the Consumer Staples Distribution & Retail industry. CHEF has only an average score on both its financial health and profitability. CHEF is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CHEF had positive earnings in the past year.
CHEF had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: CHEF reported negative net income in multiple years.
Of the past 5 years CHEF 4 years had a positive operating cash flow.
1.2 Ratios
CHEF has a Return On Assets (3.89%) which 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 60.53% of the companies in the same industry.
With a decent Return On Invested Capital value of 6.49%, CHEF is doing good in the industry, outperforming 63.16% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CHEF is below the industry average of 8.25%.
The 3 year average ROIC (5.37%) for CHEF is below the current ROIC(6.49%), indicating increased profibility in the last year.
| 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 57.89% 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.
The Operating Margin of CHEF (3.67%) is better than 65.79% of its industry peers.
In the last couple of years the Operating Margin of CHEF has remained more or less at the same level.
CHEF has a Gross Margin (24.22%) which 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CHEF is destroying value.
The number of shares outstanding for CHEF has been increased compared to 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
CHEF has an Altman-Z score of 3.96. This indicates that CHEF is financially healthy and has little risk of bankruptcy at the moment.
CHEF has a Altman-Z score (3.96) which is comparable to the rest of the industry.
The Debt to FCF ratio of CHEF is 8.46, which is on the high side as it means it would take CHEF, 8.46 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 8.46, CHEF is not doing good in the industry: 60.53% of the companies in the same industry are doing better.
CHEF has a Debt/Equity ratio of 1.23. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.23, CHEF is doing worse than 73.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 8.46 | ||
| Altman-Z | 3.96 |
ROIC/WACC0.84
WACC7.77%
2.3 Liquidity
CHEF has a Current Ratio of 2.14. This indicates that CHEF is financially healthy and has no problem in meeting its short term obligations.
CHEF has a Current ratio of 2.14. This is amongst the best in the industry. CHEF outperforms 89.47% of its industry peers.
A Quick Ratio of 1.19 indicates that CHEF should not have too much problems paying its short term obligations.
With an excellent Quick ratio value of 1.19, CHEF belongs to the best of the industry, outperforming 84.21% 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.
The Earnings Per Share has been growing slightly by 7.86% on average over the past years.
The Revenue has grown by 8.88% in the past year. This is quite good.
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)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
The Earnings Per Share is expected to grow by 16.32% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.62% on average over the next years.
EPS Next Y31.69%
EPS Next 2Y22.64%
EPS Next 3Y20.24%
EPS Next 5Y16.32%
Revenue Next Year9.06%
Revenue Next 2Y8.07%
Revenue Next 3Y7.96%
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 35.42, which means the current valuation is very expensive for CHEF.
Based on the Price/Earnings ratio, CHEF is valued a bit more expensive than 65.79% 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 26.39.
CHEF is valuated quite expensively with a Price/Forward Earnings ratio of 29.35.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CHEF is on the same level as its industry peers.
CHEF's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.42 | ||
| Fwd PE | 29.35 |
4.2 Price Multiples
CHEF's Enterprise Value to EBITDA ratio is in line with the industry average.
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 | 30.27 | ||
| EV/EBITDA | 14.76 |
4.3 Compensation for Growth
The 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 20.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.12
PEG (5Y)4.5
EPS Next 2Y22.64%
EPS Next 3Y20.24%
5. Dividend
5.1 Amount
CHEF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
64.46
+1.04 (+1.64%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners97.07%
Inst Owner Change-2.71%
Ins Owners11.19%
Ins Owner Change-1.04%
Market Cap2.62B
Revenue(TTM)4.04B
Net Income(TTM)74.60M
Analysts83.75
Price Target77.62 (20.42%)
Short Float %13.63%
Short Ratio11.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)-0.01%
PT rev (3m)-0.01%
EPS NQ rev (1m)-2.25%
EPS NQ rev (3m)-0.91%
EPS NY rev (1m)3.86%
EPS NY rev (3m)5.31%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.17%
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)1.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.42 | ||
| Fwd PE | 29.35 | ||
| P/S | 0.65 | ||
| P/FCF | 30.27 | ||
| P/OCF | 20.43 | ||
| P/B | 4.55 | ||
| P/tB | 34.69 | ||
| EV/EBITDA | 14.76 |
EPS(TTM)1.82
EY2.82%
EPS(NY)2.2
Fwd EY3.41%
FCF(TTM)2.13
FCFY3.3%
OCF(TTM)3.15
OCFY4.89%
SpS99.3
BVpS14.17
TBVpS1.86
PEG (NY)1.12
PEG (5Y)4.5
Graham Number24.09
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 | 3.96 |
F-Score9
WACC7.77%
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 Y31.69%
EPS Next 2Y22.64%
EPS Next 3Y20.24%
EPS Next 5Y16.32%
Revenue 1Y (TTM)8.88%
Revenue growth 3Y29.53%
Revenue growth 5Y18.97%
Sales Q2Q%9.65%
Revenue Next Year9.06%
Revenue Next 2Y8.07%
Revenue Next 3Y7.96%
Revenue Next 5Y7.62%
EBIT growth 1Y20.6%
EBIT growth 3Y121.04%
EBIT growth 5Y20.35%
EBIT Next Year91.92%
EBIT Next 3Y32.93%
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 35.42 and the Price/Book (PB) ratio is 4.55.
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 31.69% in the next year.