Has Chipotle Mexican Grill (CMG) Fallen Below Fair Value After Its 32% Slide?

Chipotle Mexican Grill has seen its stock slide over the past year, and that drop now puts the spotlight squarely on a simple question for investors who care about valuation. Are the cash flows the restaurant chain generates enough to justify where the shares trade today, once the noise from rumors and short term swings fades? The stock has fallen 32.4% over the past year, which raises the stakes on whether the current valuation still lines up with the cash the business can produce for...