CHEF - The Chefs' Warehouse, Inc.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$111.00
DETAILS
HIGH:
$125.00
LOW:
$97.00
MEDIAN:
$111.00
CONSENSUS:
$111.00
DOWNSIDE:
0.70%
AlphaVal
Deterministic, archetype-aware fair value
Platform & Compounding FCF
85% confidence
Primary model: Two-stage FCF DCF
Adjust Assumptions
14.2%
12.0%
3.0%
Key Value Driver
FCF growth rate (14% base case)
Terminal Value % of EV
38%
Implied Market Multiple
55.7x
Market is pricing in (growth)
24.8%
vs our 14.2% base
Plain-Language Summary
Using a two-stage FCF DCF with 14% growth decelerating over 15 years, discounted at 12%, the base-case intrinsic value is $37.33 per share.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (17 analysts)
$111.00
Analyst Range
$97.00 – $125.00
Divergence from AlphaVal
66%
Warnings
Wall Street's average price target is $111.00 (from 17 analysts). Our estimate is 66% 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