EUROPEAN WAX CENTER INC-A (EWCZ) Fundamental Analysis & Valuation

NASDAQ:EWCZ • US29882P1066

5.77 USD
+0.04 (+0.7%)
At close: Mar 5, 2026
5.77 USD
0 (0%)
After Hours: 3/5/2026, 4:30:02 PM

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

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to EWCZ. EWCZ was compared to 75 industry peers in the Diversified Consumer Services industry. EWCZ has an average financial health and profitability rating. EWCZ is valued quite cheap, but it does not seem to be growing. These ratings would make EWCZ suitable for value investing!


Dividend Valuation Growth Profitability Health

6

1. EWCZ Profitability Analysis

1.1 Basic Checks

  • EWCZ had positive earnings in the past year.
  • EWCZ had a positive operating cash flow in the past year.
  • In multiple years EWCZ reported negative net income over the last 5 years.
  • EWCZ had a positive operating cash flow in 4 of the past 5 years.
EWCZ Yearly Net Income VS EBIT VS OCF VS FCFEWCZ Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 0 20M -20M 40M

1.2 Ratios

  • With a Return On Assets value of 1.56%, EWCZ perfoms like the industry average, outperforming 56.00% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 14.39%, EWCZ is in the better half of the industry, outperforming 69.33% of the companies in the same industry.
  • EWCZ has a better Return On Invested Capital (5.71%) than 65.33% of its industry peers.
  • EWCZ had an Average Return On Invested Capital over the past 3 years of 4.95%. This is significantly below the industry average of 11.21%.
  • The last Return On Invested Capital (5.71%) for EWCZ is above the 3 year average (4.95%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 1.56%
ROE 14.39%
ROIC 5.71%
ROA(3y)1.23%
ROA(5y)-0.08%
ROE(3y)12.06%
ROE(5y)5.51%
ROIC(3y)4.95%
ROIC(5y)N/A
EWCZ Yearly ROA, ROE, ROICEWCZ Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 0 5 -5 10 15

1.3 Margins

  • EWCZ's Profit Margin of 5.32% is fine compared to the rest of the industry. EWCZ outperforms 64.00% of its industry peers.
  • EWCZ has a better Operating Margin (24.38%) than 93.33% of its industry peers.
  • EWCZ's Operating Margin has improved in the last couple of years.
  • With an excellent Gross Margin value of 74.11%, EWCZ belongs to the best of the industry, outperforming 92.00% of the companies in the same industry.
  • EWCZ's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 24.38%
PM (TTM) 5.32%
GM 74.11%
OM growth 3Y16.57%
OM growth 5Y19.69%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.08%
GM growth 5Y0.03%
EWCZ Yearly Profit, Operating, Gross MarginsEWCZ Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 0 20 -20 40 60

5

2. EWCZ Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EWCZ is destroying value.
  • EWCZ has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
EWCZ Yearly Shares OutstandingEWCZ Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 20M 40M 60M
EWCZ Yearly Total Debt VS Total AssetsEWCZ Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

  • Based on the Altman-Z score of 0.78, we must say that EWCZ is in the distress zone and has some risk of bankruptcy.
  • EWCZ has a Altman-Z score of 0.78. This is comparable to the rest of the industry: EWCZ outperforms 48.00% of its industry peers.
  • The Debt to FCF ratio of EWCZ is 6.38, which is on the high side as it means it would take EWCZ, 6.38 years of fcf income to pay off all of its debts.
  • EWCZ's Debt to FCF ratio of 6.38 is fine compared to the rest of the industry. EWCZ outperforms 69.33% of its industry peers.
  • A Debt/Equity ratio of 4.79 is on the high side and indicates that EWCZ has dependencies on debt financing.
  • With a Debt to Equity ratio value of 4.79, EWCZ is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 4.79
Debt/FCF 6.38
Altman-Z 0.78
ROIC/WACC0.72
WACC7.94%
EWCZ Yearly LT Debt VS Equity VS FCFEWCZ Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 0 100M 200M 300M

2.3 Liquidity

  • EWCZ has a Current Ratio of 3.67. This indicates that EWCZ is financially healthy and has no problem in meeting its short term obligations.
  • EWCZ's Current ratio of 3.67 is amongst the best of the industry. EWCZ outperforms 93.33% of its industry peers.
  • A Quick Ratio of 3.14 indicates that EWCZ has no problem at all paying its short term obligations.
  • EWCZ's Quick ratio of 3.14 is amongst the best of the industry. EWCZ outperforms 90.67% of its industry peers.
Industry RankSector Rank
Current Ratio 3.67
Quick Ratio 3.14
EWCZ Yearly Current Assets VS Current LiabilitesEWCZ Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

3

3. EWCZ Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 58.49% over the past year.
  • The earnings per share for EWCZ have been decreasing by -24.86% on average. This is quite bad
EPS 1Y (TTM)58.49%
EPS 3Y-24.86%
EPS 5YN/A
EPS Q2Q%-41.18%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-9.33%

3.2 Future

  • The Earnings Per Share is expected to decrease by -9.31% on average over the next years.
  • The Revenue is expected to grow by 3.89% on average over the next years.
EPS Next Y-26.61%
EPS Next 2Y-9.31%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.77%
Revenue Next 2Y1.93%
Revenue Next 3Y3.89%
Revenue Next 5YN/A

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 accelerating.
EWCZ Yearly Revenue VS EstimatesEWCZ Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 50M 100M 150M 200M
EWCZ Yearly EPS VS EstimatesEWCZ Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 0.5 1 1.5

7

4. EWCZ Valuation Analysis

4.1 Price/Earnings Ratio

  • EWCZ is valuated cheaply with a Price/Earnings ratio of 6.87.
  • 92.00% of the companies in the same industry are more expensive than EWCZ, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of EWCZ to the average of the S&P500 Index (26.74), we can say EWCZ is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 9.36, the valuation of EWCZ can be described as very reasonable.
  • Based on the Price/Forward Earnings ratio, EWCZ is valued cheaper than 89.33% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 24.82. EWCZ is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 6.87
Fwd PE 9.36
EWCZ Price Earnings VS Forward Price EarningsEWCZ Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 73.33% of the companies in the same industry are more expensive than EWCZ, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, EWCZ is valued cheaper than 97.33% of the companies in the same industry.
Industry RankSector Rank
P/FCF 5.3
EV/EBITDA 8.63
EWCZ Per share dataEWCZ EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 -4 -6

4.3 Compensation for Growth

  • The decent profitability rating of EWCZ may justify a higher PE ratio.
  • A cheap valuation may be justified as EWCZ's earnings are expected to decrease with -9.31% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-9.31%
EPS Next 3YN/A

0

5. EWCZ Dividend Analysis

5.1 Amount

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

EWCZ Fundamentals: All Metrics, Ratios and Statistics

EUROPEAN WAX CENTER INC-A

NASDAQ:EWCZ (3/5/2026, 4:30:02 PM)

After market: 5.77 0 (0%)

5.77

+0.04 (+0.7%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryDiversified Consumer Services
Earnings (Last)03-04
Earnings (Next)N/A
Inst Owners54.42%
Inst Owner Change4.63%
Ins Owners3.67%
Ins Owner Change-1.66%
Market Cap314.70M
Revenue(TTM)N/A
Net Income(TTM)11.24M
Analysts75
Price Target7.28 (26.17%)
Short Float %5.15%
Short Ratio1.75
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend0.01
Dividend Growth(5Y)N/A
DP0.37%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)74.52%
Min EPS beat(2)57.56%
Max EPS beat(2)91.48%
EPS beat(4)4
Avg EPS beat(4)165%
Min EPS beat(4)57.56%
Max EPS beat(4)321.1%
EPS beat(8)8
Avg EPS beat(8)119.42%
EPS beat(12)12
Avg EPS beat(12)180.37%
EPS beat(16)16
Avg EPS beat(16)180.53%
Revenue beat(2)1
Avg Revenue beat(2)-1.18%
Min Revenue beat(2)-3.65%
Max Revenue beat(2)1.28%
Revenue beat(4)2
Avg Revenue beat(4)-1.86%
Min Revenue beat(4)-6.52%
Max Revenue beat(4)1.45%
Revenue beat(8)4
Avg Revenue beat(8)-1.42%
Revenue beat(12)5
Avg Revenue beat(12)-1.68%
Revenue beat(16)7
Avg Revenue beat(16)-1.52%
PT rev (1m)6.73%
PT rev (3m)8.31%
EPS NQ rev (1m)15.69%
EPS NQ rev (3m)-14.24%
EPS NY rev (1m)0%
EPS NY rev (3m)1.56%
Revenue NQ rev (1m)-0.61%
Revenue NQ rev (3m)-1.9%
Revenue NY rev (1m)-0.13%
Revenue NY rev (3m)-0.14%
Valuation
Industry RankSector Rank
PE 6.87
Fwd PE 9.36
P/S 1.49
P/FCF 5.3
P/OCF 5.1
P/B 4.03
P/tB N/A
EV/EBITDA 8.63
EPS(TTM)0.84
EY14.56%
EPS(NY)0.62
Fwd EY10.68%
FCF(TTM)1.09
FCFY18.86%
OCF(TTM)1.13
OCFY19.63%
SpS3.87
BVpS1.43
TBVpS-6.94
PEG (NY)N/A
PEG (5Y)N/A
Graham Number5.2
Profitability
Industry RankSector Rank
ROA 1.56%
ROE 14.39%
ROCE 7.45%
ROIC 5.71%
ROICexc 6.39%
ROICexgc 24.53%
OM 24.38%
PM (TTM) 5.32%
GM 74.11%
FCFM 28.09%
ROA(3y)1.23%
ROA(5y)-0.08%
ROE(3y)12.06%
ROE(5y)5.51%
ROIC(3y)4.95%
ROIC(5y)N/A
ROICexc(3y)5.33%
ROICexc(5y)N/A
ROICexgc(3y)23.62%
ROICexgc(5y)N/A
ROCE(3y)6.46%
ROCE(5y)N/A
ROICexgc growth 3Y-54.19%
ROICexgc growth 5Y-26.67%
ROICexc growth 3Y18.53%
ROICexc growth 5Y24.42%
OM growth 3Y16.57%
OM growth 5Y19.69%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.08%
GM growth 5Y0.03%
F-Score7
Asset Turnover0.29
Health
Industry RankSector Rank
Debt/Equity 4.79
Debt/FCF 6.38
Debt/EBITDA 5.23
Cap/Depr 12.06%
Cap/Sales 1.14%
Interest Coverage 2.37
Cash Conversion 86.32%
Profit Quality 528.13%
Current Ratio 3.67
Quick Ratio 3.14
Altman-Z 0.78
F-Score7
WACC7.94%
ROIC/WACC0.72
Cap/Depr(3y)2.57%
Cap/Depr(5y)47.24%
Cap/Sales(3y)0.24%
Cap/Sales(5y)8.19%
Profit Quality(3y)589.72%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)58.49%
EPS 3Y-24.86%
EPS 5YN/A
EPS Q2Q%-41.18%
EPS Next Y-26.61%
EPS Next 2Y-9.31%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-9.33%
Revenue Next Year1.77%
Revenue Next 2Y1.93%
Revenue Next 3Y3.89%
Revenue Next 5YN/A
EBIT growth 1Y-12.42%
EBIT growth 3Y24.34%
EBIT growth 5Y28.14%
EBIT Next Year47.11%
EBIT Next 3Y15.19%
EBIT Next 5Y15.3%
FCF growth 1Y9.11%
FCF growth 3Y19.09%
FCF growth 5YN/A
OCF growth 1Y11.75%
OCF growth 3Y10.97%
OCF growth 5Y30.9%

EUROPEAN WAX CENTER INC-A / EWCZ FAQ

What is the fundamental rating for EWCZ stock?

ChartMill assigns a fundamental rating of 5 / 10 to EWCZ.


What is the valuation status of EUROPEAN WAX CENTER INC-A (EWCZ) stock?

ChartMill assigns a valuation rating of 7 / 10 to EUROPEAN WAX CENTER INC-A (EWCZ). This can be considered as Undervalued.


How profitable is EUROPEAN WAX CENTER INC-A (EWCZ) stock?

EUROPEAN WAX CENTER INC-A (EWCZ) has a profitability rating of 6 / 10.


What are the PE and PB ratios of EUROPEAN WAX CENTER INC-A (EWCZ) stock?

The Price/Earnings (PE) ratio for EUROPEAN WAX CENTER INC-A (EWCZ) is 6.87 and the Price/Book (PB) ratio is 4.03.


What is the earnings growth outlook for EUROPEAN WAX CENTER INC-A?

The Earnings per Share (EPS) of EUROPEAN WAX CENTER INC-A (EWCZ) is expected to decline by -26.61% in the next year.