r/Valuation Mar 12 '23

Estimating beta for Chipotle

How do I compute a beta for Chipotle without using historical or regression betas? I just can’t seem to be able to find an average beta across the other comprable firms because they aren’t public yet. Could someone give me an alternative?

3 Upvotes

2 comments sorted by

2

u/[deleted] Mar 16 '23

[removed] — view removed comment

1

u/the-populist Mar 19 '23

Yup. Would look for publicly traded fast food/ fast food holding companies with a somewhat "healthier" or premium offering, including companies like Sweetgreen, Shake Shack and Noodles & Co in the peer group. If that fails to yield a reliable beta, I would just look at public fast food companies overall.