Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Chipotle Mexican Grill's operating assets for the quarter that ended in Mar. 2026 was €6,863 Mil. Chipotle Mexican Grill's operating liabilities for the quarter that ended in Mar. 2026 was €994 Mil. Chipotle Mexican Grill's Total Assets for the quarter that ended in Dec. 2025 was €7,681 Mil. Therefore, Chipotle Mexican Grill's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.76.
Chipotle Mexican Grill Scaled Net Operating Assets Related Terms
Chipotle Mexican Grill Scaled Net Operating Assets Historical Data
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The historical data trend for Chipotle Mexican Grill's Scaled Net Operating Assets 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.
Chipotle Mexican Grill Scaled Net Operating Assets Chart
HAM:C9F vs YUM, DRI, YUMC: Scaled Net Operating Assets Comparison
For the Restaurants subindustry, Chipotle Mexican Grill's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Chipotle Mexican Grill's Scaled Net Operating Assets falls into.
* 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.
What does a Scaled Net Operating Assets of 0.76 mean?
Chipotle Mexican Grill (HAM:C9F) has a Scaled Net Operating Assets of 0.76 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Chipotle Mexican Grill and its competitors.
Is Chipotle Mexican Grill's Scaled Net Operating Assets too high?
Chipotle Mexican Grill's current Scaled Net Operating Assets is 0.76. 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 Scaled Net Operating Assets compare to YUM and DRI?
Chipotle Mexican Grill's Scaled Net Operating Assets of 0.76 can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Restaurants company?
A good Scaled Net Operating Assets depends on the Restaurants industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Chipotle Mexican Grill and its competitors. Chipotle Mexican Grill's current Scaled Net Operating Assets is 0.76. 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 Scaled Net Operating Assets of 0.76. The stock's GF Value™ is €51.05, compared to a current price of €29.00 — trading 43.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.76. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Chipotle Mexican Grill (HAM:C9F), the current Scaled Net Operating Assets is 0.76 as of Mar. 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 €29.00 is trading 43.2% below its estimated GF Value™ of €51.05.
Key valuation signals for HAM:C9F:
Scaled Net Operating Assets: 0.76
GF Value™: €51.05 vs. price of €29.00 (43.2% below fair value)
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 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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