CHEFS' WAREHOUSE INC/THE (CHEF) Stock Fundamental Analysis
USA - NASDAQ:CHEF - US1630861011 - Common Stock
57.27 USD
-0.69 (-1.19%)
57.27 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to CHEF. CHEF was compared to 39 industry peers in the Consumer Staples Distribution & Retail industry. CHEF has only an average score on both its financial health and profitability. 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.
CHEF had a positive operating cash flow in the past year.
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
The Return On Assets of CHEF (3.89%) is comparable to the rest of the industry.
CHEF has a better Return On Equity (12.94%) than 61.54% of its industry peers.
With a Return On Invested Capital value of 6.49%, CHEF perfoms like the industry average, outperforming 58.97% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CHEF is below the industry average of 8.72%.
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
CHEF has a Profit Margin (1.85%) which is comparable to the rest of the industry.
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 3.67%, CHEF is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
CHEF's Operating Margin has been stable in the last couple of years.
CHEF has a Gross Margin of 24.22%. 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 | 3.67% | ||
| 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.
The number of shares outstanding for CHEF has been increased compared to 1 year ago.
CHEF has more shares outstanding than it did 5 years ago.
CHEF has a better debt/assets ratio than last year.
2.2 Solvency
CHEF has an Altman-Z score of 3.84. This indicates that CHEF is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of CHEF (3.84) is comparable to the rest of the industry.
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.
CHEF has a Debt to FCF ratio (8.46) which is in line with its industry peers.
A Debt/Equity ratio of 1.23 is on the high side and indicates that CHEF has dependencies on debt 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 | 3.84 |
ROIC/WACC0.85
WACC7.65%
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.
With an excellent Current ratio value of 2.14, CHEF belongs to the best of the industry, outperforming 89.74% of the companies in the same industry.
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.
CHEF's Quick ratio of 1.19 is amongst the best of the industry. CHEF outperforms 82.05% of its industry peers.
| 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
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.
The Revenue is expected to grow by 7.62% on average over the next years.
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.
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
Based on the Price/Earnings ratio of 31.47, the valuation of CHEF can be described as expensive.
CHEF's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 25.07. CHEF is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 25.49, the valuation of CHEF can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CHEF is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.08, CHEF is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.47 | ||
| Fwd PE | 25.49 |
4.2 Price Multiples
CHEF's Enterprise Value to EBITDA is on the same level as the industry average.
CHEF's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.94 | ||
| EV/EBITDA | 13.6 |
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)1.17
PEG (5Y)4
EPS Next 2Y24.05%
EPS Next 3Y21.86%
5. Dividend
5.1 Amount
CHEF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
57.27
-0.69 (-1.19%)
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-2.67%
Ins Owners11.22%
Ins Owner Change-1.09%
Market Cap2.33B
Revenue(TTM)4.04B
Net Income(TTM)74.60M
Analysts83.75
Price Target77.63 (35.55%)
Short Float %11.94%
Short Ratio8.93
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)-0.04%
EPS NY rev (1m)1.4%
EPS NY rev (3m)6.02%
Revenue NQ rev (1m)1.17%
Revenue NQ rev (3m)1.17%
Revenue NY rev (1m)1.06%
Revenue NY rev (3m)1.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.47 | ||
| Fwd PE | 25.49 | ||
| P/S | 0.58 | ||
| P/FCF | 26.94 | ||
| P/OCF | 18.19 | ||
| P/B | 4.05 | ||
| P/tB | 30.88 | ||
| EV/EBITDA | 13.6 |
EPS(TTM)1.82
EY3.18%
EPS(NY)2.25
Fwd EY3.92%
FCF(TTM)2.13
FCFY3.71%
OCF(TTM)3.15
OCFY5.5%
SpS99.13
BVpS14.15
TBVpS1.85
PEG (NY)1.17
PEG (5Y)4
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 | 3.84 |
F-Score9
WACC7.65%
ROIC/WACC0.85
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 5 / 10 to CHEF.
What is the valuation status of CHEFS' WAREHOUSE INC/THE (CHEF) stock?
ChartMill assigns a valuation rating of 3 / 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 31.47 and the Price/Book (PB) ratio is 4.05.
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.