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Chipotle Mexican Grill (WBO:CHMG) Cyclically Adjusted Price-to-FCF : 147.86 (As of May. 03, 2024)


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What is Chipotle Mexican Grill Cyclically Adjusted Price-to-FCF?

As of today (2024-05-03), Chipotle Mexican Grill's current share price is €2933.50. Chipotle Mexican Grill's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €19.84. Chipotle Mexican Grill's Cyclically Adjusted Price-to-FCF for today is 147.86.

The historical rank and industry rank for Chipotle Mexican Grill's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

WBO:CHMG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 31.58   Med: 91.88   Max: 159.97
Current: 147.72

During the past years, Chipotle Mexican Grill's highest Cyclically Adjusted Price-to-FCF was 159.97. The lowest was 31.58. And the median was 91.88.

WBO:CHMG's Cyclically Adjusted Price-to-FCF is ranked worse than
96.69% of 121 companies
in the Restaurants industry
Industry Median: 16.73 vs WBO:CHMG: 147.72

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Chipotle Mexican Grill's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €14.538. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €19.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chipotle Mexican Grill Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chipotle Mexican Grill's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chipotle Mexican Grill Cyclically Adjusted Price-to-FCF Chart

Chipotle Mexican Grill Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.01 127.91 128.54 83.55 113.14

Chipotle Mexican Grill Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.38 111.95 90.39 113.14 136.81

Competitive Comparison of Chipotle Mexican Grill's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Chipotle Mexican Grill's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chipotle Mexican Grill's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chipotle Mexican Grill's Cyclically Adjusted Price-to-FCF falls into.



Chipotle Mexican Grill Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Chipotle Mexican Grill's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2933.50/19.84
=147.86

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Chipotle Mexican Grill's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Chipotle Mexican Grill's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.538/129.4194*129.4194
=14.538

Current CPI (Mar. 2024) = 129.4194.

Chipotle Mexican Grill Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.924 100.560 3.763
201409 3.241 100.428 4.177
201412 1.032 99.070 1.348
201503 5.363 99.621 6.967
201506 2.922 100.684 3.756
201509 3.389 100.392 4.369
201512 0.562 99.792 0.729
201603 -0.037 100.470 -0.048
201606 1.644 101.688 2.092
201609 1.096 101.861 1.393
201612 0.239 101.863 0.304
201703 3.030 102.862 3.812
201706 1.125 103.349 1.409
201709 2.475 104.136 3.076
201712 1.130 104.011 1.406
201803 4.166 105.290 5.121
201806 0.715 106.317 0.870
201809 3.536 106.507 4.297
201812 1.625 105.998 1.984
201903 3.725 107.251 4.495
201906 1.256 108.070 1.504
201909 4.432 108.329 5.295
201912 2.875 108.420 3.432
202003 3.336 108.902 3.965
202006 1.099 108.767 1.308
202009 4.848 109.815 5.713
202012 -0.330 109.897 -0.389
202103 6.447 111.754 7.466
202106 3.826 114.631 4.320
202109 5.145 115.734 5.753
202112 9.834 117.630 10.820
202203 5.991 121.301 6.392
202206 6.279 125.017 6.500
202209 7.692 125.227 7.950
202212 8.727 125.222 9.020
202303 11.249 127.348 11.432
202306 14.812 128.729 14.891
202309 11.823 129.860 11.783
202312 3.105 129.419 3.105
202403 14.538 129.419 14.538

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Chipotle Mexican Grill  (WBO:CHMG) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Chipotle Mexican Grill Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Chipotle Mexican Grill's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Chipotle Mexican Grill (WBO:CHMG) Business Description

Traded in Other Exchanges
Address
610 Newport Center Drive, Suite 1100, Newport Beach, CA, USA, 92660
Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $8.6 billion in 2022. The Mexican concept is predominately company-owned (it recently inked a development agreement with Alshaya Group in the Middle East), with a footprint of nearly 3,200 stores at the end of 2022, heavily indexed to the United States, although the firm maintains a small presence in Canada, the U.K., France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.

Chipotle Mexican Grill (WBO:CHMG) Headlines