| Cava Group (NYSE: CAVA) has been on a hot streak lately. After its IPO in June 2023, the stock price fell to about $30 per share. But since then, it's staged a huge reversal, surging more than 200% to its current price of about $95. However, post-IPO price spikes are a classic trap in the investing world, so I encourage investors to temper any feelings of FOMO with some hard financial facts. That's where my Value Meter comes in. Let's see what it has to say about Cava. First, let's examine the company's enterprise value-to-net asset value (EV/NAV) ratio. This number tells us how much the market values the company relative to its assets. Cava's EV/NAV is a whopping 19.0, nearly triple the average of 6.6 for similar companies. This means investors are paying a big premium for Cava's growth potential, which is typical for stocks that have recently gone public. But while high-growth companies often trade at a premium, we need to ensure the growth is there to back it up. And Cava's recent results are impressive. In Q1 of 2024, the company grew its revenue by 30% year over year and opened 14 new restaurants. It even turned a profit - no small feat for a young restaurant chain. But here's where things get sticky... | 
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