ULTAUlta Beauty

Consumer Cyclical

$570.34+6.6% 1Y

$570.34

$450.7552 weeks$706.82

Is the price fair?

Fair

Neither cheap nor expensive: nothing decisive, though cheap vs its sector.

1 good, 2 neutral

What the price assumes~+4% a year

Priced for ~4% a year FCF growth. Roughly in line with its three-year revenue growth of 6% a year.

Vs its own P/E rangemid-range for this companyderived

In its normal range: P/E 20.8 vs a 22.9 median over 41 quarters (−9% vs median).

Vs sector (EV/EBIT)12.2×

Sector median 16.2× across 156 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.

Unless marked, from derived, as of Aug 1, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)middle of the market

FCF yieldmiddle of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What ULTA's price assumes

Ulta Beauty trades at 20.8× earnings against 19.6× for the median Specialty Retail name, more expensive than its own group.

20.8

Trailing P/E · Specialty Retail median 19.6 · 1.06× the median: the market pays up for this one

Price / sales: 1.51
Price / sales · today's price, trailing year to Aug 1, 2026
Free cash flow yield: 5.9%
Free cash flow yield · Specialty Retail median 5.8%
Growth the price implies: +3.5%
Growth the price implies · The price pays for +3.5% free cash flow growth a year for a decade; the business has delivered +5.7% a year over the last three.

Details›

Price / booktoday's price, trailing year to Aug 1, 2026: 7.42
EV / EBITtoday's price, trailing year to Aug 1, 2026: 12.2
EV / salestoday's price, trailing year to Aug 1, 2026: 1.52
Consumer Cyclical median P/E321 names: 17.8
Specialty Retail median P/E25 names: 19.6
Free cash flow, trailing twelve months: $1.15B
Market capitalisation: $19.6B
3-year revenue growth: +6.5%
3-year free cash flow growth: +5.7%

What the market has paid for these earnings: 41 quarters of its own multiple × $27.42 of trailing earnings per share
Method	Per share
Its own P/E history, lower quartile	$532.72
Its own P/E history, median	$628.09
Its own P/E history, upper quartile	$782.48
52-week range	$450.75 – $706.82
Today	$570.34

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.

On our screens:Quality at a reasonable price

Specialty Retail

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