The Chefs' Warehouse, Inc. (CHEF) Valuation — DCF, Graham & Comparables

The Chefs' Warehouse, Inc. (CHEF) — Price $104.23 (closing price, October 30, 2026) — Consumer Defensive — Food Distribution — NASDAQ

Latest reported results:

Valuation dashboard for The Chefs' Warehouse, Inc. (CHEF) with P/E 45.32, P/B 5.89, EV/EBITDA 19.7 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Consumer Defensive companies.

The Chefs' Warehouse, Inc. (CHEF), operating through its various subsidiaries, focuses on supplying high-end and gourmet food products across both the United States and Canada. The company maintains an extensive catalog, featuring more than 50,000 distinct stock-keeping units.

What would it be worth at its usual multiples?

Versus its usual multiples: fairly priced · Current P/E 45.3× · Multiples range: $50.46 · $98.77.

At the decade median (42.9×) $99 (-5 %); at its sector median (21.9×) $50 (-52 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

Analysis Summary

The Chefs' Warehouse, Inc. reported revenue of $4.15B in the most recent fiscal year, growing at a 5-year CAGR of 30.1%.

Trailing-twelve-month margins: gross margin 24.7%, operating margin 4.3%, net margin 2.3%.

At $104.23 (closing price, October 30, 2026), CHEF trades at a P/E of 45.32 and an ROE of 16.08%. Market capitalisation stands at $4.5B.

Balance sheet quality for CHEF: debt-to-equity ratio of 1.38, current ratio of 2.21 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio45.32
Price / Book5.89
EV / EBITDA19.7
Dividend Yield0.00%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
CHEFThe Chefs' Warehouse, Inc.$4.5B45.325.8916.1%
SYYSysco Corporation$40.8B22.6514.9075.5%
USFDUS Foods Holding Corp.$22.4B31.885.2916.7%
PFGCPerformance Food Group Co$15.6B43.253.157.6%
UNFIUnited Natural Foods, Inc.$2.8B34.131.715.3%

Price

Price$104.23 (closing price, October 30, 2026)
Market Cap$4.5B
ExchangeNASDAQ
CountryUS

Profitability

Return on Equity16.08%
Return on Invested Capital8.09%
Return on Assets4.92%
Gross Margin24.66%
Operating Margin4.32%
Net Margin2.27%

Related companies: SYY · USFD · PFGC · UNFI

Explore sector: Consumer Defensive · Food Distribution

More sections of CHEF: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks