CMG - NYSE

Chipotle Mexican Grill, Inc.

Chipotle Mexican Grill, Inc.

CMGยทNYSE

$28.75

-1.7%
Consumer CyclicalRestaurants

Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. As of February 15, 2022, it owned and operated approximately 3,000 restaurants in the United States, Canada, the United Kingdom, France, Germany, and rest of Europe. The company was founded in 1993 and is headquartered in Newport Beach, California.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$36.88B
EPS1.1500
P/E Ratio25.00
Earnings Date07/29/2026
Chipotle Mexican Grill, Inc.

Chipotle Mexican Grill, Inc. Fair Value Envelope

CMG ยท NYSE

Our analysis suggests that CMG has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $28.75, this represents a potential HIDDEN relative to our calculated worth for Chipotle Mexican Grill, Inc..

HIDDEN
Intrinsic Value
Current Price: $28.75

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$21.0B
+ Cash & Equivalents$350.5M
Firm Value$21.3B
- Debt$9.8B
Equity Value$11.5B
/ Shares Outstanding1,348,981,482B
DCF Value$9
OVERVALUED BY 70%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$2.0B
$1.9B
$1.9B
$1.8B
$1.7B
$1.6B
$1.6B
$1.5B
$1.4B
$1.4B
Maintenance CapEx
-$127.6M
-$122.2M
-$117.1M
-$112.1M
-$107.4M
-$102.8M
-$98.5M
-$94.3M
-$90.4M
-$86.5M
Owner Earnings
$1.9B
$1.8B
$1.7B
$1.7B
$1.6B
$1.5B
$1.5B
$1.4B
$1.3B
$1.3B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.8B
$1.6B
$1.4B
$1.2B
$1.1B
$963.2M
$854.2M
$757.5M
$671.7M
$595.7M
Terminal Value represents 48.3% of Enterprise Value

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