Company Valuation: Chipotle Mexican Grill, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 49,188 38,463 62,765 82,227 48,924 41,493 - -
Change - -21.8% 63.18% 31.01% -40.5% -15.19% - -
Enterprise Value (EV) 1 48,372 38,079 62,204 81,479 48,574 44,867 46,561 46,324
Change - -21.28% 63.36% 30.99% -40.38% -7.63% 3.78% -0.51%
P/E 76.3x 43.3x 51.6x 54.3x 32.5x 29.1x 24.1x 20.8x
PBR 21.7x 16.4x 20.7x 22.7x 17.5x 16.7x 14.1x 11.8x
PEG - 1.1x 1.3x 2.2x 12.03x -22.69x 1.2x 1.3x
Capitalization / Revenue 6.52x 4.45x 6.36x 7.27x 4.1x 3.19x 2.88x 2.61x
EV / Revenue 6.41x 4.41x 6.3x 7.2x 4.07x 3.45x 3.23x 2.92x
EV / EBITDA 41.9x 26x 32.8x 36x 20.8x 19.5x 17.6x 15.7x
EV / EBIT 53.8x 32.3x 39.5x 42.2x 24.6x 23.6x 20.9x 18.5x
EV / FCF 57.6x 45.1x 50.9x 53.9x 33.6x 27.8x 28.2x 25.8x
FCF Yield 1.74% 2.22% 1.97% 1.86% 2.98% 3.6% 3.54% 3.88%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.458 0.6408 0.8868 1.11 1.14 1.125 1.36 1.577
Distribution rate - - - - - - - -
Net sales 1 7,547 8,635 9,872 11,314 11,926 13,019 14,419 15,871
EBITDA 1 1,153 1,464 1,896 2,265 2,333 2,297 2,653 2,958
EBIT 1 898.7 1,177 1,577 1,930 1,972 1,902 2,227 2,497
Net income 1 653 899.1 1,229 1,534 1,536 1,443 1,701 1,932
Net Debt 1 -815.4 -384 -560.6 -748.5 -350.5 3,374 5,068 4,831
Reference price 2 34.96 27.75 45.74 60.30 37.00 32.79 32.79 32.79
Nbr of stocks (in thousands) 1,406,770 1,386,056 1,372,233 1,363,639 1,322,278 1,265,418 - -
Announcement Date 2/8/22 2/7/23 2/6/24 2/4/25 2/3/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
29.14x3.45x19.53x-.--% 41.49B
21.44x8.28x14.95x2.73% 194B
18.53x5.73x16.71x1.99% 41.14B
16.88x3.84x11.93x3.49% 25.77B
16.22x1.19x7.81x2.49% 16.49B
18.44x3.16x14.73x2.27% 11.61B
29.18x2.44x - 0.81% 6.8B
18.18x1.96x8.02x4.38% 5.1B
26.71x5.59x16.06x1.08% 3.18B
64.48x1.68x12.32x-.--% 2.87B
Average 25.92x 3.73x 13.56x 1.92% 34.87B
Weighted average by Cap. 21.83x 6.28x 15.02x 2.3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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