IntrinsicIntrinsic
OverviewFinancialsChartBusiness SummaryFilingsOwnershipValuation

CHIPOTLE MEXICAN GRILL INC (CMG)

Retail-Eating Places

Latest Price
$37.22
TTM P/E
34.15
Normalized P/E
1.95
Div Yield
--
Book Value
1.85
P/B Ratio
20.07

Valuation metrics

adjust assumptions →
EPS: $1.14
Book value / share: $2.11
Formula: √(22.5 × EPS × BVPS)
Graham Number
$7.35
81% downside
Norm. op. income: $1.2B (median of 7yr)
Tax rate: 24%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$7.39
81% downside
Base FCF: $1.2B (median of recent 5yr)
Growth: 12%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$27.03
30% downside
EPS: $1.14
Target P/E:
Formula: EPS × P/E
P/E Fair Value
$2.28
94% downside

Institutional Ownership

84.8% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.111.48M$3.57B8.59%+1.65M2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC84.67M$2.71B6.52%--2026-03-31
Capital World Investors80.67M$2.58B6.21%-21.02M2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC61.08M$1.96B4.71%--2026-03-31
STATE STREET CORP54.84M$1.75B4.22%-947.3K2026-03-31
PRICE T ROWE ASSOCIATES INC /MD/53.75M$1.72B4.14%-4.70M2026-03-31
Capital International Investors42.80M$1.37B3.30%-2.49M2026-03-31
FMR LLC30.35M$971.0M2.34%+7.08M2026-03-31
GEODE CAPITAL MANAGEMENT, LLC30.26M$964.0M2.33%+411.1K2026-03-31
ALLIANCEBERNSTEIN L.P.18.60M$688.0M1.43%-11.15M2026-03-31
View all institutional holders →