Chipotle Mexican Grill, Inc.

LSE:0HXW Stock Report

Market Cap: US$84.4b

Chipotle Mexican Grill Valuation

Is 0HXW undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0HXW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0HXW ($61.37) is trading above our estimate of fair value ($57.21)

Significantly Below Fair Value: 0HXW is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0HXW?

Key metric: As 0HXW is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0HXW. This is calculated by dividing 0HXW's market cap by their current earnings.
What is 0HXW's PE Ratio?
PE Ratio56.8x
EarningsUS$1.48b
Market CapUS$84.37b

Price to Earnings Ratio vs Peers

How does 0HXW's PE Ratio compare to its peers?

The above table shows the PE ratio for 0HXW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.1x
CPG Compass Group
40.1x16.9%UK£44.9b
GRG Greggs
20.2x6.0%UK£2.8b
ROO Deliveroo
42.5x40.7%UK£2.1b
MAB Mitchells & Butlers
9.8x7.0%UK£1.5b
0HXW Chipotle Mexican Grill
56.6x15.5%US$84.4b

Price-To-Earnings vs Peers: 0HXW is expensive based on its Price-To-Earnings Ratio (56.6x) compared to the peer average (28.1x).

Price to Earnings Ratio vs Industry

How does 0HXW's PE Ratio compare vs other companies in the GB Hospitality Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
TAST Tasty
0.4x-75.9%US$2.35m
No more companies available in this PE range
0HXW 56.8xIndustry Avg. 20.1xNo. of Companies5PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0HXW is expensive based on its Price-To-Earnings Ratio (56.6x) compared to the UK Hospitality industry average (20.1x).

Price to Earnings Ratio vs Fair Ratio

What is 0HXW's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0HXW PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio56.8x
Fair PE Ratio39.1x

Price-To-Earnings vs Fair Ratio: 0HXW is expensive based on its Price-To-Earnings Ratio (56.6x) compared to the estimated Fair Price-To-Earnings Ratio (39.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0HXW forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$61.37
US$65.64
+7.0%
11.8%US$75.00US$42.00n/a31
Dec ’25US$61.52
US$64.64
+5.1%
11.3%US$72.00US$42.00n/a31
Nov ’25US$58.52
US$64.28
+9.8%
11.8%US$72.00US$42.00n/a29
Oct ’25US$57.26
US$61.99
+8.3%
11.9%US$73.00US$43.00n/a31
Sep ’25US$55.64
US$61.93
+11.3%
11.8%US$73.00US$43.00n/a31
Aug ’25US$53.00
US$63.42
+19.7%
11.8%US$80.00US$43.00n/a31
Jul ’25US$60.96
US$65.89
+8.1%
11.7%US$80.00US$40.00n/a31
Jun ’25US$61.70
US$64.47
+4.5%
10.4%US$72.00US$41.00n/a30
May ’25US$62.44
US$64.00
+2.5%
10.5%US$72.00US$41.00n/a31
Apr ’25US$58.37
US$56.03
-4.0%
10.7%US$66.00US$39.00n/a30
Mar ’25US$53.75
US$54.58
+1.5%
9.2%US$62.00US$39.00n/a30
Feb ’25US$48.54
US$48.58
+0.09%
11.2%US$60.00US$36.00n/a30
Jan ’25US$45.64
US$44.75
-2.0%
9.7%US$53.00US$36.00n/a31
Dec ’24US$44.48
US$43.47
-2.3%
9.8%US$51.40US$36.00US$61.5231
Nov ’24US$39.80
US$42.99
+8.0%
9.3%US$51.40US$36.00US$58.5230
Oct ’24US$36.89
US$43.21
+17.1%
9.1%US$51.40US$34.40US$57.2630
Sep ’24US$38.58
US$43.18
+11.9%
9.1%US$51.40US$34.40US$55.6430
Aug ’24US$39.19
US$43.28
+10.5%
9.1%US$51.40US$34.00US$53.0030
Jul ’24US$42.50
US$41.93
-1.3%
9.5%US$47.00US$31.00US$60.9630
Jun ’24US$41.57
US$41.38
-0.5%
9.1%US$47.00US$31.00US$61.7029
May ’24US$41.21
US$40.43
-1.9%
10.0%US$46.00US$31.00US$62.4431
Apr ’24US$34.10
US$36.30
+6.5%
8.7%US$41.68US$31.00US$58.3731
Mar ’24US$29.84
US$36.20
+21.3%
8.8%US$41.68US$31.00US$53.7532
Feb ’24US$32.54
US$35.38
+8.7%
7.8%US$40.00US$29.00US$48.5432
Jan ’24US$28.34
US$35.59
+25.6%
7.5%US$40.00US$30.20US$45.6432
Dec ’23US$32.43
US$35.90
+10.7%
10.0%US$50.00US$30.20US$44.4832

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 20:44
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Chipotle Mexican Grill, Inc. is covered by 67 analysts. 33 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
David TarantinoBaird
Ishan MajumdarBaptista Research