Chipotle Mexican Grill (HAM:C9F) Moat Score: 6/10 (As of Jul. 05, 2026)


HAM:C9F Chipotle Mexican Grill Inc HAM:C9F
80 GF Score
Price €30.90
GF Value €52.32
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What is Chipotle Mexican Grill Moat Score?

Chipotle Mexican Grill HAM:C9F +0.98% 80 Moat Score is 6 as of Jul. 05, 2026. GuruFocus rates HAM:C9F with a GF Score™ of 80/100 and a GF Value™ of €52.32. Among 367 Restaurants companies, Chipotle Mexican Grill ranks better than 97.28% on this metric.

Chipotle Mexican Grill has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Chipotle Mexican Grill has Narrow Moat: Chipotle has strong brand strength and customer loyalty, with a focus on quality and sustainability. However, it faces intense competition in the fast-casual dining sector, limiting its moat to a strong narrow classification.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Chipotle Mexican Grill might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Chipotle Mexican Grill  (HAM:C9F) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Chipotle Mexican Grill Moat Score Related Terms

HAM:C9F vs YUM, DRI, YUMC: Moat Score Comparison

For the Restaurants subindustry, Chipotle Mexican Grill's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's Moat Score distribution charts can be found below:

* The bar in red indicates where Chipotle Mexican Grill's Moat Score falls into.


HAM:C9F
80GF Score
Chipotle Mexican Grill Inc HAM:C9F
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
Chipotle Mexican Grill (HAM:C9F) has a Moat Score of 6 as of Jul. 05, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Chipotle Mexican Grill ranks #10 out of 367 companies in the Restaurants industry, placing it in the top 2.7%.
Is Chipotle Mexican Grill's Moat Score too high?
Chipotle Mexican Grill's current Moat Score is 6. Based on the distribution chart, Chipotle Mexican Grill ranks #10 out of 367 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Chipotle Mexican Grill has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Chipotle Mexican Grill's Moat Score compare to YUM and DRI?
According to the Restaurants industry distribution chart, Chipotle Mexican Grill ranks #10 out of 367 companies for Moat Score. This places Chipotle Mexican Grill in the top 3% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Restaurants company?
A good Moat Score depends on the Restaurants industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Chipotle Mexican Grill's current Moat Score is 6. 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?
Chipotle Mexican Grill (HAM:C9F) has a current Moat Score of 6. The stock's GF Value™ is €52.32, compared to a current price of €30.90 — trading 40.9% below its estimated fair value. The current Moat Score is 6. Chipotle Mexican Grill's overall GF Score™ is 80/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Chipotle Mexican Grill (HAM:C9F), the current Moat Score is 6 as of Jul. 05, 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 (HAM:C9F) Overvalued in 2026?

Based on GuruFocus' analysis, Chipotle Mexican Grill stock appears to be undervalued. The current stock price of €30.90 is trading 40.9% below its estimated GF Value™ of €52.32.

Key valuation signals for HAM:C9F:

  • Moat Score: 6
  • GF Value™: €52.32 vs. price of €30.90 (40.9% below fair value)
  • GF Score™: 80/100

No single metric tells the full story. See the HAM:C9F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Chipotle Mexican Grill Business Description

Address 610 Newport Center Drive, Suite 1100, Newport Beach, CA, USA, 92660
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.
80GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€30.90
Price
€52.32
GF Value