COMP <GO>
CHEF vs UNFI // FORWARD P/E MULTIPLE
The Chefs' Warehouse Inc. (NASDAQ) VS. United Natural Foods Inc. (NYSE) • 15-METRIC TALLY: CHEF 7
— UNFI 3
■ METRIC PARITY
LAST: $101.56 (-5.43%) • MKT CAP: $4.41B
forward-pe
56.7x
LAST: $46.11 (-3.25%) • MKT CAP: $2.78B
forward-pe
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (CHEF VS. UNFI)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | CHEF | UNFI | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 24.20% | 13.30% | +10.90 | CHEF | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.50% | -1.60% | +11.10 | CHEF | /roic <GO> |
| EV/EBITDA & P/E Valuation | 16.5x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -1.30% | 8.59% | -9.89 | UNFI | /fcf-yield <GO> |
| Operating Margin | 3.50% | -0.10% | +3.60 | CHEF | /operating-margins <GO> |
| Net Profit Margin | 1.70% | -0.40% | +2.10 | CHEF | /net-margins <GO> |
| Revenue Growth (YoY) | 9.40% | 2.60% | +6.80 | CHEF | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 4.58 | 5.00 | -0.42 | UNFI | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 4/9 | +2.00 | CHEF | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 37.6 | 48.5 | -10.90 | UNFI | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.08 | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 56.7x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $4.41B | $2.78B | $1.63B | CHEF | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | CHEF REV | UNFI REV | CHEF GROSS % | UNFI GROSS % | CHEF FCF | UNFI FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $4.15B | $31.78B | 24.2% | 13.3% | -$57.5M | $239.0M |
| FY 2024 | $3.79B | $30.98B | 24.1% | 13.6% | -$17.7M | -$92.0M |
| FY 2023 | $3.43B | $30.27B | — | — | -$92.9M | $624.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
CHEF // BETA 1.08
UNFI // BETA —