Discounted Cash Flow (DCF) Analysis Levered
Chipotle Mexican Grill Inc (C9F.DE)
1579.2 €
+6.20 (+0.39%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 4,476.41 | 4,864.99 | 5,586.37 | 5,984.63 | 7,547.06 | 8,617.71 | 9,840.24 | 11,236.20 | 12,830.20 | 14,650.33 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 467.10 | 621.55 | 721.63 | 663.85 | 1,282.08 | 1,106.67 | 1,263.66 | 1,442.93 | 1,647.63 | 1,881.36 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -216.78 | -287.39 | -333.91 | -373.35 | -442.47 | -496.87 | -567.36 | -647.85 | -739.75 | -844.70 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 250.33 | 334.16 | 387.72 | 290.50 | 839.61 | 609.79 | 696.30 | 795.08 | 907.87 | 1,036.67 |
Weighted Average Cost Of Capital
| Share price | $ 1,579.2 |
|---|---|
| Beta | 1.431 |
| Diluted Shares Outstanding | 27.92 |
| Cost of Debt | |
| Tax Rate | 19.66 |
| After-tax Cost of Debt | -% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 10.427 |
| Total Debt | 3,520.31 |
| Total Equity | 44,086.53 |
| Total Capital | 47,606.84 |
| Debt Weighting | 7.39 |
| Equity Weighting | 92.61 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 4,476.41 | 4,864.99 | 5,586.37 | 5,984.63 | 7,547.06 | 8,617.71 | 9,840.24 | 11,236.20 | 12,830.20 | 14,650.33 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 467.10 | 621.55 | 721.63 | 663.85 | 1,282.08 | 1,106.67 | 1,263.66 | 1,442.93 | 1,647.63 | 1,881.36 |
| Capital Expenditure | -216.78 | -287.39 | -333.91 | -373.35 | -442.47 | -496.87 | -567.36 | -647.85 | -739.75 | -844.70 |
| Free Cash Flow | 250.33 | 334.16 | 387.72 | 290.50 | 839.61 | 609.79 | 696.30 | 795.08 | 907.87 | 1,036.67 |
| WACC | ||||||||||
| PV LFCF | - | - | - | - | - | |||||
| SUM PV LFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | - |
| Free cash flow (t + 1) | 1,057.40 |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | 2,704.94 |
| Equity Value | - |
| Shares Outstanding | 27.92 |
| Equity Value Per Share | - |