Financials CAVA Group, Inc.

Equities

CAVA

US1489291021

Restaurants & Bars

Market Closed - Nyse Other stock markets 04:01:29 2024-05-08 pm EDT			5-day change	1st Jan Change
74.16 ^USD	-0.11%		+9.95%	+72.55%

May. 04	Cava producer Freixenet reaches deal with unions over drought measures	RE
May. 02	CAVA Group, Inc. : The future of fast food?

Valuation

Fiscal Period: December	2023	2024	2025	2026
Capitalization ¹	4,883	8,455	-	-
Enterprise Value (EV) ¹	4,551	8,112	8,081	8,020
P/E ratio	205 x	310 x	227 x	174 x
Yield	-	-	-	-
Capitalization / Revenue	6.7 x	9.69 x	8.15 x	6.84 x
EV / Revenue	6.24 x	9.29 x	7.79 x	6.49 x
EV / EBITDA	61.6 x	88.9 x	69.6 x	54.7 x
EV / FCF	-109 x	295 x	175 x	-
FCF Yield	-0.92%	0.34%	0.57%	-
Price to Book	8.56 x	13.7 x	12.5 x	11.5 x
Nbr of stocks (in thousands)	113,611	114,010	-	-
Reference price ²	42.98	74.16	74.16	74.16
Announcement Date	2/27/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	-	728.7	872.8	1,038	1,236
EBITDA ¹	-	73.82	91.23	116.2	146.7
EBIT ¹	-	4.725	13.88	25.14	39.88
Operating Margin	-	0.65%	1.59%	2.42%	3.23%
Earnings before Tax (EBT) ¹	-	14.05	28.15	38.33	49.99
Net income ¹	-58.99	13.28	27.97	38.23	49.99
Net margin	-	1.82%	3.2%	3.68%	4.05%
EPS ²	-44.41	0.2100	0.2394	0.3265	0.4265
Free Cash Flow ¹	-	-41.7	27.51	46.26	-
FCF margin	-	-5.72%	3.15%	4.46%	-
FCF Conversion (EBITDA)	-	-	30.16%	39.82%	-
FCF Conversion (Net income)	-	-	98.36%	121.03%	-
Dividend per Share ²	-	-	-	-	-
Announcement Date	4/14/23	2/27/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1
Net sales ¹	172.9	175.6	177.2	243.5	212.6	216	200	286.6
EBITDA ¹	21.6	19.79	15.69	22.22	27.17	25.29	17.14	30.73
EBIT ¹	5.762	2.795	-1.58	0.3134	9.858	6.4	-2.224	6.565
Operating Margin	3.33%	1.59%	-0.89%	0.13%	4.64%	2.96%	-1.11%	2.29%
Earnings before Tax (EBT) ¹	6.579	6.871	2.701	4.255	13.01	9.737	1.435	10.23
Net income ¹	6.539	6.833	2.049	4.211	12.91	9.667	1.439	10.18
Net margin	3.78%	3.89%	1.16%	1.73%	6.07%	4.48%	0.72%	3.55%
EPS ²	0.2100	0.0600	0.0200	0.0362	0.1095	0.0834	0.0114	0.0740
Dividend per Share ²	-	-	-	-	-	-	-	-
Announcement Date	8/15/23	11/7/23	2/27/24	-	-	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-
Net Cash position ¹	-	332	343	374	435
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow ¹	-	-41.7	27.5	46.3	-
ROE (net income / shareholders' equity)	-	3.39%	3.72%	5.02%	7.47%
ROA (Net income/ Total Assets)	-	1.69%	3.35%	4.3%	-
Assets ¹	-	783.8	834.9	889	-
Book Value Per Share ²	-	5.020	5.420	5.910	6.440
Cash Flow per Share	-	-	-	-	-
Capex ¹	-	139	95.2	108	112
Capex / Sales	-	19.05%	10.91%	10.44%	9.09%
Announcement Date	4/14/23	2/27/24	-	-	-

¹USD in Million²USD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for CAVA Group, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

74.16 USD

Average target price

65.73 USD

Spread / Average Target

-11.37%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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