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Chipotle Mexican GrillTSX:CMGS +3.03%70 EV-to-EBITDA is 21.57 as of Jul. 30, 2026, which is 37% below its 10-year median of 34.33. GuruFocus rates TSX:CMGS with a GF Score™ of 70/100 and a GF Value™ of C$23.38 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 309 Restaurants companies, Chipotle Mexican Grill ranks worse than 82.2% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Chipotle Mexican Grill's enterprise value is C$68,650 Mil.
Chipotle Mexican Grill's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was C$3,182 Mil. Therefore, Chipotle Mexican Grill's EV-to-EBITDA for today is 21.57.
The historical rank and industry rank for Chipotle Mexican Grill's EV-to-EBITDA or its related term are showing as below:
TSX:CMGS'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 14.54 Med: 34.33 Max: 70.38
Current: 21.08
During the past 13 years, the highest EV-to-EBITDA of Chipotle Mexican Grill was 70.38. The lowest was 14.54. And the median was 34.33.
TSX:CMGS's EV-to-EBITDA is ranked worse than 82.2% of 309
companies
in the Restaurants industry
Industry Median: 9.74
vs TSX:CMGS: 21.08
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Chipotle Mexican Grill's PE Ratio (TTM) for today is calculated as:
Chipotle Mexican Grill's share price for today is C$13.25.
Chipotle Mexican Grill's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.426.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* 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.
TSX:CMGS vs YUM, DRI, YUMC: EV-to-EBITDA Comparison
For the Restaurants subindustry, Chipotle Mexican Grill's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Chipotle Mexican Grill's EV-to-EBITDA falls into.
Chipotle Mexican Grill's current Enterprise Value is C$68,650 Mil.
Chipotle Mexican Grill's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$3,182 Mil.
* 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 (TSX:CMGS) has a EV-to-EBITDA of 21.57 as of Jul. 30, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Chipotle Mexican Grill. This is 37% below median its historical median of 34.33. Over the past decade, Chipotle Mexican Grill's EV-to-EBITDA has ranged from 14.54 to 70.38. According to the industry distribution chart, Chipotle Mexican Grill ranks #254 out of 309 companies in the Restaurants industry, placing it in the top 82.2%.
Is Chipotle Mexican Grill's EV-to-EBITDA too high?
Chipotle Mexican Grill's current EV-to-EBITDA of 21.57 is 37% below median its 10-year median of 34.33. Over the past 10 years, this metric has ranged from a low of 14.54 to a high of 70.38. The Restaurants industry median EV-to-EBITDA is 9.74. Chipotle Mexican Grill's value of 21.57 is 121.5% above this industry median. Based on the distribution chart, Chipotle Mexican Grill ranks #254 out of 309 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Chipotle Mexican Grill has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chipotle Mexican Grill's EV-to-EBITDA compare to YUM and DRI?
According to the Restaurants industry distribution chart, Chipotle Mexican Grill ranks #254 out of 309 companies for EV-to-EBITDA. This places Chipotle Mexican Grill in the lower half of its industry. The industry median EV-to-EBITDA is 9.74. Chipotle Mexican Grill's value of 21.57 is 121.5% above this benchmark. Historically, Chipotle Mexican Grill's own EV-to-EBITDA has ranged from 14.54 to 70.38 over the past decade. While the company's 10-year median is 34.33 vs. the industry median of 9.74, Chipotle Mexican Grill has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Restaurants company?
The median EV-to-EBITDA among Restaurants companies is 9.74, based on 309 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chipotle Mexican Grill's current EV-to-EBITDA of 21.57 is 121.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Chipotle Mexican Grill. For the Restaurants industry, the median EV-to-EBITDA is 9.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chipotle Mexican Grill's current EV-to-EBITDA is 21.57, which is 37% below median its own 10-year median of 34.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chipotle Mexican Grill stock overvalued right now?
Based on GuruFocus' analysis, Chipotle Mexican Grill (TSX:CMGS) is currently considered Significantly Undervalued. The stock's GF Value™ is C$23.38, compared to a current price of C$13.25 — trading 43.3% below its estimated fair value. The current EV-to-EBITDA is 21.57, which is 37% below median its 10-year median of 34.33 and 121.5% above the Restaurants industry median of 9.74. Chipotle Mexican Grill's overall GF Score™ is 70/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Chipotle Mexican Grill (TSX:CMGS), the current EV-to-EBITDA is 21.57 as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Chipotle Mexican Grill (TSX:CMGS) Overvalued in 2026?
Based on GuruFocus' analysis, Chipotle Mexican Grill stock appears to be undervalued.
The current stock price of C$13.25 is trading 43.3% below its estimated GF Value™ of C$23.38.
GuruFocus considers Chipotle Mexican Grill to be Significantly Undervalued.
Key valuation signals for TSX:CMGS:
EV-to-EBITDA: 21.57 (37% below median its 10-year median of 34.33)
GF Value™: C$23.38 vs. price of C$13.25 (43.3% below fair value)
Industry Position: 121.5% above the Restaurants median (#254 of 309)
No single metric tells the full story. See the TSX:CMGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chipotle is a leading fast-casual, Mexican-inspired restaurant chain, generating $11.9 billion in sales across 3,983 company-operated US locations, 104 international units primarily in Canada and Europe, and 14 licensed stores largely operated in the Middle East at the end of 2025. The firm's revenue is primarily driven by food and beverage sales at its company-owned restaurants, supplemented by delivery fees generated through its first-party digital channels. Chipotle emphasizes ingredients with no artificial flavors and utilizes an efficient, assembly line service model to serve mainly customizable burritos, bowls, salads, quesadillas, and tacos.
70GF Score
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