Professional
Added to YB: 2024-07-25
Pitch date: 2024-07-13
CMG [neutral]
Chipotle Mexican Grill, Inc.
-37.42%
current return
Author Info
No bio for this author
Company Info
Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants.
Market Cap
$45.1B
Pitch Price
$57.75
Price Target
N/A
Dividend
N/A
EV/EBITDA
16.29
P/E
30.24
EV/Sales
4.13
Sector
Hotels, Restaurants and Leisure
Category
growth
Ensemble Capital Management sold: Chipotle Mexican Grill, Inc.
CMG: Sold after 370% gain over 4 years. Strong growth under CEO Niccol since 2018. Bought in Mar 2020 on growth runway & margin leverage thesis. COVID proved strengths. Loyalty program, digital ordering, Chipotlanes accelerated trends. Exceeded growth & margin targets. Now priced above aggressive US & int'l growth assumptions. Valuation too high despite potential.
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