The Chefs' Warehouse, Inc. logo CHEF - The Chefs' Warehouse, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 11
HOLD 4
SELL 0
STRONG
SELL
0
| PRICE TARGET: $83.33 DETAILS
HIGH: $84.00
LOW: $83.00
MEDIAN: $83.00
CONSENSUS: $83.33
UPSIDE: 8.99%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Strong
Trading 142.2% above fair value
Current Price $76.46
Bear Case $4.41 94.2% downside ($4.41 - $76.46) / $76.46 = -94.2% 8% stage 1 growth, 12% discount
Fair Value $31.57 58.7% downside ($31.57 - $76.46) / $76.46 = -58.7% 13% stage 1 growth, 12% discount
Bull Case $59.93 21.6% downside ($59.93 - $76.46) / $76.46 = -21.6% 16% stage 1 growth, 12% discount

Adjust Assumptions

12.6%
12.0%
3.0%

Key Value Driver

FCF growth rate (13% base case)

Terminal Value % of EV 37%
Implied Market Multiple 58.1x

Plain-Language Summary

Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $83.33 from 15 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $31.57 per share.

Warnings

Wall Street's average price target is $83.33 (from 15 analysts). Our estimate is 83% below the consensus -- consider that gap carefully.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions