ELF BEAUTY INC (ELF) Fundamental Analysis & Valuation

NYSE:ELF • US26856L1035

81.215 USD
+0.73 (+0.9%)
Last: Mar 11, 2026, 12:37 PM

This ELF fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

6

Taking everything into account, ELF scores 6 out of 10 in our fundamental rating. ELF was compared to 37 industry peers in the Personal Care Products industry. ELF has an excellent profitability rating, but there are some minor concerns on its financial health. ELF is valued quite expensively, but it does show have an excellent growth rating. This makes ELF very considerable for growth investing!


Dividend Valuation Growth Profitability Health

8

1. ELF Profitability Analysis

1.1 Basic Checks

  • In the past year ELF was profitable.
  • ELF had a positive operating cash flow in the past year.
  • In the past 5 years ELF has always been profitable.
  • In the past 5 years ELF always reported a positive cash flow from operatings.
ELF Yearly Net Income VS EBIT VS OCF VS FCFELF Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -200M -400M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 4.47%, ELF is in the better half of the industry, outperforming 62.16% of the companies in the same industry.
  • ELF has a better Return On Equity (8.95%) than 70.27% of its industry peers.
  • ELF's Return On Invested Capital of 6.81% is fine compared to the rest of the industry. ELF outperforms 64.86% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ELF is in line with the industry average of 11.32%.
  • The 3 year average ROIC (13.06%) for ELF is well above the current ROIC(6.81%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 4.47%
ROE 8.95%
ROIC 6.81%
ROA(3y)10.2%
ROA(5y)7.26%
ROE(3y)16.52%
ROE(5y)11.77%
ROIC(3y)13.06%
ROIC(5y)9.49%
ELF Yearly ROA, ROE, ROICELF Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -100 -200 -300

1.3 Margins

  • ELF has a better Profit Margin (6.84%) than 72.97% of its industry peers.
  • ELF's Profit Margin has improved in the last couple of years.
  • The Operating Margin of ELF (11.07%) is better than 78.38% of its industry peers.
  • ELF's Operating Margin has improved in the last couple of years.
  • ELF has a better Gross Margin (70.27%) than 62.16% of its industry peers.
  • In the last couple of years the Gross Margin of ELF has grown nicely.
Industry RankSector Rank
OM 11.07%
PM (TTM) 6.84%
GM 70.27%
OM growth 3Y16.55%
OM growth 5Y7.24%
PM growth 3Y15.36%
PM growth 5Y6.17%
GM growth 3Y3.54%
GM growth 5Y2.16%
ELF Yearly Profit, Operating, Gross MarginsELF Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50 -100 -150 -200

6

2. ELF Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ELF is creating some value.
  • ELF has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for ELF has been increased compared to 5 years ago.
  • ELF has a better debt/assets ratio than last year.
ELF Yearly Shares OutstandingELF Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M 50M
ELF Yearly Total Debt VS Total AssetsELF Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

2.2 Solvency

  • An Altman-Z score of 3.51 indicates that ELF is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.51, ELF is in the better half of the industry, outperforming 72.97% of the companies in the same industry.
  • The Debt to FCF ratio of ELF is 3.95, which is a good value as it means it would take ELF, 3.95 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of ELF (3.95) is better than 75.68% of its industry peers.
  • A Debt/Equity ratio of 0.70 indicates that ELF is somewhat dependend on debt financing.
  • ELF has a Debt to Equity ratio (0.70) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.7
Debt/FCF 3.95
Altman-Z 3.51
ROIC/WACC0.8
WACC8.57%
ELF Yearly LT Debt VS Equity VS FCFELF Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M

2.3 Liquidity

  • A Current Ratio of 2.76 indicates that ELF has no problem at all paying its short term obligations.
  • With a decent Current ratio value of 2.76, ELF is doing good in the industry, outperforming 70.27% of the companies in the same industry.
  • ELF has a Quick Ratio of 1.89. This is a normal value and indicates that ELF is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of ELF (1.89) is better than 64.86% of its industry peers.
Industry RankSector Rank
Current Ratio 2.76
Quick Ratio 1.89
ELF Yearly Current Assets VS Current LiabilitesELF Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M

7

3. ELF Growth Analysis

3.1 Past

  • ELF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.33%, which is quite good.
  • The Earnings Per Share has been growing by 40.01% on average over the past years. This is a very strong growth
  • The Revenue has grown by 16.73% in the past year. This is quite good.
  • ELF shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 35.94% yearly.
EPS 1Y (TTM)14.33%
EPS 3Y58.58%
EPS 5Y40.01%
EPS Q2Q%67.57%
Revenue 1Y (TTM)16.73%
Revenue growth 3Y49.62%
Revenue growth 5Y35.94%
Sales Q2Q%37.76%

3.2 Future

  • ELF is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.78% yearly.
  • Based on estimates for the next years, ELF will show a quite strong growth in Revenue. The Revenue will grow by 12.14% on average per year.
EPS Next Y-8.41%
EPS Next 2Y4.56%
EPS Next 3Y9.56%
EPS Next 5Y8.78%
Revenue Next Year23.16%
Revenue Next 2Y20.56%
Revenue Next 3Y17.7%
Revenue Next 5Y12.14%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
ELF Yearly Revenue VS EstimatesELF Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B 2B
ELF Yearly EPS VS EstimatesELF Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4 5

3

4. ELF Valuation Analysis

4.1 Price/Earnings Ratio

  • ELF is valuated rather expensively with a Price/Earnings ratio of 22.62.
  • Compared to the rest of the industry, the Price/Earnings ratio of ELF is on the same level as its industry peers.
  • When comparing the Price/Earnings ratio of ELF to the average of the S&P500 Index (26.25), we can say ELF is valued inline with the index average.
  • ELF is valuated rather expensively with a Price/Forward Earnings ratio of 21.91.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ELF is on the same level as its industry peers.
  • When comparing the Price/Forward Earnings ratio of ELF to the average of the S&P500 Index (24.39), we can say ELF is valued inline with the index average.
Industry RankSector Rank
PE 22.62
Fwd PE 21.91
ELF Price Earnings VS Forward Price EarningsELF Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as ELF.
  • Based on the Price/Free Cash Flow ratio, ELF is valued a bit cheaper than the industry average as 62.16% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 22.35
EV/EBITDA 23.04
ELF Per share dataELF EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • The excellent profitability rating of ELF may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.57
EPS Next 2Y4.56%
EPS Next 3Y9.56%

0

5. ELF Dividend Analysis

5.1 Amount

  • No dividends for ELF!.
Industry RankSector Rank
Dividend Yield 0%

ELF Fundamentals: All Metrics, Ratios and Statistics

ELF BEAUTY INC

NYSE:ELF (3/11/2026, 12:37:54 PM)

81.215

+0.73 (+0.9%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryPersonal Care Products
Earnings (Last)02-04
Earnings (Next)05-26
Inst Owners102.42%
Inst Owner Change5.09%
Ins Owners2.34%
Ins Owner Change-2.23%
Market Cap4.80B
Revenue(TTM)1.52B
Net Income(TTM)103.94M
Analysts82
Price Target116.32 (43.22%)
Short Float %11.66%
Short Ratio3.26
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)44.01%
Min EPS beat(2)18.35%
Max EPS beat(2)69.66%
EPS beat(4)4
Avg EPS beat(4)25.19%
Min EPS beat(4)5.41%
Max EPS beat(4)69.66%
EPS beat(8)7
Avg EPS beat(8)33.91%
EPS beat(12)11
Avg EPS beat(12)46.8%
EPS beat(16)15
Avg EPS beat(16)59.98%
Revenue beat(2)1
Avg Revenue beat(2)-0.88%
Min Revenue beat(2)-7.07%
Max Revenue beat(2)5.3%
Revenue beat(4)2
Avg Revenue beat(4)-0.3%
Min Revenue beat(4)-7.07%
Max Revenue beat(4)5.3%
Revenue beat(8)6
Avg Revenue beat(8)2.99%
Revenue beat(12)10
Avg Revenue beat(12)6.64%
Revenue beat(16)14
Avg Revenue beat(16)8.76%
PT rev (1m)0.47%
PT rev (3m)-6.35%
EPS NQ rev (1m)-44.03%
EPS NQ rev (3m)-49.21%
EPS NY rev (1m)7.3%
EPS NY rev (3m)5.09%
Revenue NQ rev (1m)3.11%
Revenue NQ rev (3m)1.53%
Revenue NY rev (1m)2.71%
Revenue NY rev (3m)2.71%
Valuation
Industry RankSector Rank
PE 22.62
Fwd PE 21.91
P/S 3.16
P/FCF 22.35
P/OCF 19.48
P/B 4.13
P/tB N/A
EV/EBITDA 23.04
EPS(TTM)3.59
EY4.42%
EPS(NY)3.71
Fwd EY4.56%
FCF(TTM)3.63
FCFY4.47%
OCF(TTM)4.17
OCFY5.13%
SpS25.74
BVpS19.68
TBVpS-4.32
PEG (NY)N/A
PEG (5Y)0.57
Graham Number39.87
Profitability
Industry RankSector Rank
ROA 4.47%
ROE 8.95%
ROCE 8.13%
ROIC 6.81%
ROICexc 7.53%
ROICexgc 30.95%
OM 11.07%
PM (TTM) 6.84%
GM 70.27%
FCFM 14.12%
ROA(3y)10.2%
ROA(5y)7.26%
ROE(3y)16.52%
ROE(5y)11.77%
ROIC(3y)13.06%
ROIC(5y)9.49%
ROICexc(3y)15.77%
ROICexc(5y)11.32%
ROICexgc(3y)54.81%
ROICexgc(5y)39%
ROCE(3y)15.59%
ROCE(5y)11.32%
ROICexgc growth 3Y22.09%
ROICexgc growth 5Y7.64%
ROICexc growth 3Y30.46%
ROICexc growth 5Y20.49%
OM growth 3Y16.55%
OM growth 5Y7.24%
PM growth 3Y15.36%
PM growth 5Y6.17%
GM growth 3Y3.54%
GM growth 5Y2.16%
F-Score5
Asset Turnover0.65
Health
Industry RankSector Rank
Debt/Equity 0.7
Debt/FCF 3.95
Debt/EBITDA 3.48
Cap/Depr 47.73%
Cap/Sales 2.08%
Interest Coverage 250
Cash Conversion 104.96%
Profit Quality 206.41%
Current Ratio 2.76
Quick Ratio 1.89
Altman-Z 3.51
F-Score5
WACC8.57%
ROIC/WACC0.8
Cap/Depr(3y)24.58%
Cap/Depr(5y)23.45%
Cap/Sales(3y)0.85%
Cap/Sales(5y)1.16%
Profit Quality(3y)104.92%
Profit Quality(5y)150.63%
High Growth Momentum
Growth
EPS 1Y (TTM)14.33%
EPS 3Y58.58%
EPS 5Y40.01%
EPS Q2Q%67.57%
EPS Next Y-8.41%
EPS Next 2Y4.56%
EPS Next 3Y9.56%
EPS Next 5Y8.78%
Revenue 1Y (TTM)16.73%
Revenue growth 3Y49.62%
Revenue growth 5Y35.94%
Sales Q2Q%37.76%
Revenue Next Year23.16%
Revenue Next 2Y20.56%
Revenue Next 3Y17.7%
Revenue Next 5Y12.14%
EBIT growth 1Y28.71%
EBIT growth 3Y74.38%
EBIT growth 5Y45.78%
EBIT Next Year33.8%
EBIT Next 3Y20.91%
EBIT Next 5Y16.12%
FCF growth 1Y251.91%
FCF growth 3Y98.7%
FCF growth 5Y27%
OCF growth 1Y267.28%
OCF growth 3Y90.04%
OCF growth 5Y24.75%

ELF BEAUTY INC / ELF FAQ

What is the fundamental rating for ELF stock?

ChartMill assigns a fundamental rating of 6 / 10 to ELF.


What is the valuation status of ELF BEAUTY INC (ELF) stock?

ChartMill assigns a valuation rating of 3 / 10 to ELF BEAUTY INC (ELF). This can be considered as Overvalued.


What is the profitability of ELF stock?

ELF BEAUTY INC (ELF) has a profitability rating of 8 / 10.


What are the PE and PB ratios of ELF BEAUTY INC (ELF) stock?

The Price/Earnings (PE) ratio for ELF BEAUTY INC (ELF) is 22.62 and the Price/Book (PB) ratio is 4.13.


Can you provide the expected EPS growth for ELF stock?

The Earnings per Share (EPS) of ELF BEAUTY INC (ELF) is expected to decline by -8.41% in the next year.