ELF BEAUTY INC (ELF) Fundamental Analysis & Valuation

NYSE:ELF • US26856L1035

73.41 USD
+0.83 (+1.14%)
At close: Mar 13, 2026
73.3406 USD
-0.07 (-0.09%)
After Hours: 3/13/2026, 8:22:47 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

Overall ELF gets a fundamental rating of 6 out of 10. We evaluated ELF against 37 industry peers in the Personal Care Products industry. While ELF has a great profitability rating, there are some minor concerns on its financial health. ELF is not overvalued while it is showing excellent growth. This is an interesting combination. 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.
  • Each year in the past 5 years ELF has been profitable.
  • ELF had a positive operating cash flow in each of the past 5 years.
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.
  • The Return On Equity of ELF (8.95%) is better 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 last Return On Invested Capital (6.81%) for ELF is well below the 3 year average (13.06%), which needs to be investigated, but indicates that ELF had better years and this may not be a problem.
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

  • The Profit Margin of ELF (6.84%) is better than 72.97% of its industry peers.
  • In the last couple of years the Profit Margin of ELF has grown nicely.
  • Looking at the Operating Margin, with a value of 11.07%, ELF is in the better half of the industry, outperforming 78.38% of the companies in the same industry.
  • ELF's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 70.27%, ELF is in the better half of the industry, outperforming 62.16% of the companies in the same industry.
  • 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

  • ELF has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • The number of shares outstanding for ELF has been increased compared to 1 year ago.
  • The number of shares outstanding for ELF has been increased compared to 5 years ago.
  • The debt/assets ratio for ELF has been reduced compared to a year ago.
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

  • ELF has an Altman-Z score of 3.27. This indicates that ELF is financially healthy and has little risk of bankruptcy at the moment.
  • ELF has a better Altman-Z score (3.27) than 70.27% of its industry peers.
  • 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 of 0.70. This is comparable to the rest of the industry: ELF outperforms 48.65% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.7
Debt/FCF 3.95
Altman-Z 3.27
ROIC/WACC0.78
WACC8.69%
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

  • ELF has a Current Ratio of 2.76. This indicates that ELF is financially healthy and has no problem in meeting its short term obligations.
  • ELF's Current ratio of 2.76 is fine compared to the rest of the industry. ELF outperforms 70.27% of its industry peers.
  • 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.
  • ELF's Quick ratio of 1.89 is fine compared to the rest of the industry. ELF outperforms 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.
  • Measured over the past years, ELF shows a very strong growth in Earnings Per Share. The EPS has been growing by 40.01% on average per year.
  • ELF shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.73%.
  • The Revenue has been growing by 35.94% on average over the past years. This is a very strong growth!
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

  • Based on estimates for the next years, ELF will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.78% on average per year.
  • 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.
  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of 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

4

4. ELF Valuation Analysis

4.1 Price/Earnings Ratio

  • ELF is valuated rather expensively with a Price/Earnings ratio of 20.45.
  • Compared to the rest of the industry, the Price/Earnings ratio of ELF is on the same level as its industry peers.
  • The average S&P500 Price/Earnings ratio is at 25.70. ELF is valued slightly cheaper when compared to this.
  • With a Price/Forward Earnings ratio of 19.81, ELF is valued on the expensive side.
  • The rest of the industry has a similar Price/Forward Earnings ratio as ELF.
  • The average S&P500 Price/Forward Earnings ratio is at 23.84. ELF is around the same levels.
Industry RankSector Rank
PE 20.45
Fwd PE 19.81
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ELF is on the same level as its industry peers.
  • Based on the Price/Free Cash Flow ratio, ELF is valued a bit cheaper than 64.86% of the companies in the same industry.
Industry RankSector Rank
P/FCF 20.21
EV/EBITDA 21.05
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)0.51
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 (3/13/2026, 8:22:47 PM)

After market: 73.3406 -0.07 (-0.09%)

73.41

+0.83 (+1.14%)

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-1.91%
Market Cap4.33B
Revenue(TTM)1.52B
Net Income(TTM)103.94M
Analysts82
Price Target116.32 (58.45%)
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 20.45
Fwd PE 19.81
P/S 2.85
P/FCF 20.21
P/OCF 17.61
P/B 3.73
P/tB N/A
EV/EBITDA 21.05
EPS(TTM)3.59
EY4.89%
EPS(NY)3.71
Fwd EY5.05%
FCF(TTM)3.63
FCFY4.95%
OCF(TTM)4.17
OCFY5.68%
SpS25.74
BVpS19.68
TBVpS-4.32
PEG (NY)N/A
PEG (5Y)0.51
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 3.27
F-Score5
WACC8.69%
ROIC/WACC0.78
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 4 / 10 to ELF BEAUTY INC (ELF). This can be considered as Fairly Valued.


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 20.45 and the Price/Book (PB) ratio is 3.73.


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.