591.3 USD
+57.35 (+10.74%)
We assign a fundamental rating of 6 out of 10 to ULTA. ULTA was compared to 122 industry peers in the Specialty Retail industry. ULTA scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ULTA is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
ULTA had positive earnings in the past year.
In the past year ULTA had a positive cash flow from operations.
ULTA had positive earnings in each of the past 5 years.
ULTA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ULTA (18.12%) is better than 95.08% of its industry peers.
ULTA has a better Return On Equity (46.14%) than 95.08% of its industry peers.
ULTA has a Return On Invested Capital of 25.50%. This is amongst the best in the industry. ULTA outperforms 95.08% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ULTA is significantly above the industry average of 11.71%.
The last Return On Invested Capital (25.50%) for ULTA is well below the 3 year average (31.18%), which needs to be investigated, but indicates that ULTA had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.12% | ||
| ROE | 46.14% | ||
| ROIC | 25.5% |
ROA(3y)21.92%
ROA(5y)17.98%
ROE(3y)56.09%
ROE(5y)48.26%
ROIC(3y)31.18%
ROIC(5y)26.29%
1.3 Margins
ULTA has a Profit Margin of 10.31%. This is amongst the best in the industry. ULTA outperforms 90.98% of its industry peers.
In the last couple of years the Profit Margin of ULTA has grown nicely.
ULTA has a better Operating Margin (13.57%) than 89.34% of its industry peers.
In the last couple of years the Operating Margin of ULTA has grown nicely.
ULTA's Gross Margin of 39.00% is in line compared to the rest of the industry. ULTA outperforms 59.84% of its industry peers.
In the last couple of years the Gross Margin of ULTA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.57% | ||
| PM (TTM) | 10.31% | ||
| GM | 39% |
OM growth 3Y-2.67%
OM growth 5Y2.61%
PM growth 3Y-2.36%
PM growth 5Y2.19%
GM growth 3Y-0.17%
GM growth 5Y1.4%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ULTA is creating value.
ULTA has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, ULTA has less shares outstanding
ULTA has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
ULTA has an Altman-Z score of 6.60. This indicates that ULTA is financially healthy and has little risk of bankruptcy at the moment.
ULTA has a better Altman-Z score (6.60) than 94.26% of its industry peers.
ULTA has a debt to FCF ratio of 0.30. This is a very positive value and a sign of high solvency as it would only need 0.30 years to pay back of all of its debts.
ULTA has a Debt to FCF ratio of 0.30. This is amongst the best in the industry. ULTA outperforms 85.25% of its industry peers.
A Debt/Equity ratio of 0.11 indicates that ULTA is not too dependend on debt financing.
ULTA's Debt to Equity ratio of 0.11 is fine compared to the rest of the industry. ULTA outperforms 71.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.3 | ||
| Altman-Z | 6.6 |
ROIC/WACC2.74
WACC9.32%
2.3 Liquidity
ULTA has a Current Ratio of 1.39. This is a normal value and indicates that ULTA is financially healthy and should not expect problems in meeting its short term obligations.
ULTA has a Current ratio of 1.39. This is comparable to the rest of the industry: ULTA outperforms 55.74% of its industry peers.
A Quick Ratio of 0.30 indicates that ULTA may have some problems paying its short term obligations.
ULTA has a Quick ratio of 0.30. This is in the lower half of the industry: ULTA underperforms 73.77% of its industry peers.
ULTA does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.3 |
3. Growth
3.1 Past
ULTA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.78%.
The Earnings Per Share has been growing by 15.85% on average over the past years. This is quite good.
Looking at the last year, ULTA shows a small growth in Revenue. The Revenue has grown by 2.95% in the last year.
Measured over the past years, ULTA shows a quite strong growth in Revenue. The Revenue has been growing by 8.83% on average per year.
EPS 1Y (TTM)4.78%
EPS 3Y12.16%
EPS 5Y15.85%
EPS Q2Q%9.25%
Revenue 1Y (TTM)2.95%
Revenue growth 3Y9.38%
Revenue growth 5Y8.83%
Sales Q2Q%9.26%
3.2 Future
Based on estimates for the next years, ULTA will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.69% on average per year.
ULTA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.02% yearly.
EPS Next Y-0.19%
EPS Next 2Y4.22%
EPS Next 3Y6.22%
EPS Next 5Y8.69%
Revenue Next Year7.9%
Revenue Next 2Y6%
Revenue Next 3Y5.79%
Revenue Next 5Y6.02%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 22.65, ULTA is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of ULTA indicates a somewhat cheap valuation: ULTA is cheaper than 70.49% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ULTA to the average of the S&P500 Index (26.41), we can say ULTA is valued inline with the index average.
A Price/Forward Earnings ratio of 21.46 indicates a rather expensive valuation of ULTA.
ULTA's Price/Forward Earnings is on the same level as the industry average.
ULTA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 35.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.65 | ||
| Fwd PE | 21.46 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ULTA is on the same level as its industry peers.
68.03% of the companies in the same industry are more expensive than ULTA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.85 | ||
| EV/EBITDA | 12.73 |
4.3 Compensation for Growth
The excellent profitability rating of ULTA may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.43
EPS Next 2Y4.22%
EPS Next 3Y6.22%
5. Dividend
5.1 Amount
ULTA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:ULTA (12/5/2025, 9:46:09 AM)
591.3
+57.35 (+10.74%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners100.95%
Inst Owner Change-0.06%
Ins Owners0.13%
Ins Owner Change0.43%
Market Cap26.51B
Revenue(TTM)11.65B
Net Income(TTM)1.20B
Analysts76.36
Price Target590.65 (-0.11%)
Short Float %5.1%
Short Ratio4.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)12.63%
Min EPS beat(2)11.78%
Max EPS beat(2)13.47%
EPS beat(4)4
Avg EPS beat(4)13.16%
Min EPS beat(4)10.88%
Max EPS beat(4)16.52%
EPS beat(8)7
Avg EPS beat(8)6.89%
EPS beat(12)10
Avg EPS beat(12)7.96%
EPS beat(16)14
Avg EPS beat(16)13.64%
Revenue beat(2)1
Avg Revenue beat(2)1.06%
Min Revenue beat(2)-0.06%
Max Revenue beat(2)2.18%
Revenue beat(4)1
Avg Revenue beat(4)0.07%
Min Revenue beat(4)-1.26%
Max Revenue beat(4)2.18%
Revenue beat(8)1
Avg Revenue beat(8)-1.02%
Revenue beat(12)3
Avg Revenue beat(12)-0.22%
Revenue beat(16)6
Avg Revenue beat(16)0.7%
PT rev (1m)0.23%
PT rev (3m)11.66%
EPS NQ rev (1m)0.85%
EPS NQ rev (3m)3.56%
EPS NY rev (1m)0%
EPS NY rev (3m)4.67%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)4.02%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.65 | ||
| Fwd PE | 21.46 | ||
| P/S | 2.27 | ||
| P/FCF | 27.85 | ||
| P/OCF | 20.45 | ||
| P/B | 10.18 | ||
| P/tB | 12.02 | ||
| EV/EBITDA | 12.73 |
EPS(TTM)26.11
EY4.42%
EPS(NY)27.55
Fwd EY4.66%
FCF(TTM)21.23
FCFY3.59%
OCF(TTM)28.91
OCFY4.89%
SpS259.91
BVpS58.07
TBVpS49.19
PEG (NY)N/A
PEG (5Y)1.43
Graham Number184.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.12% | ||
| ROE | 46.14% | ||
| ROCE | 35.7% | ||
| ROIC | 25.5% | ||
| ROICexc | 26.88% | ||
| ROICexgc | 29.5% | ||
| OM | 13.57% | ||
| PM (TTM) | 10.31% | ||
| GM | 39% | ||
| FCFM | 8.17% |
ROA(3y)21.92%
ROA(5y)17.98%
ROE(3y)56.09%
ROE(5y)48.26%
ROIC(3y)31.18%
ROIC(5y)26.29%
ROICexc(3y)36.11%
ROICexc(5y)30.76%
ROICexgc(3y)36.24%
ROICexgc(5y)30.87%
ROCE(3y)40.98%
ROCE(5y)34.55%
ROICexgc growth 3Y-1.69%
ROICexgc growth 5Y9.71%
ROICexc growth 3Y-1.64%
ROICexc growth 5Y9.74%
OM growth 3Y-2.67%
OM growth 5Y2.61%
PM growth 3Y-2.36%
PM growth 5Y2.19%
GM growth 3Y-0.17%
GM growth 5Y1.4%
F-Score6
Asset Turnover1.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.3 | ||
| Debt/EBITDA | 0.16 | ||
| Cap/Depr | 122.83% | ||
| Cap/Sales | 2.95% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 69.63% | ||
| Profit Quality | 79.25% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.3 | ||
| Altman-Z | 6.6 |
F-Score6
WACC9.32%
ROIC/WACC2.74
Cap/Depr(3y)149.34%
Cap/Depr(5y)112.63%
Cap/Sales(3y)3.42%
Cap/Sales(5y)2.94%
Profit Quality(3y)85.03%
Profit Quality(5y)143.84%
High Growth Momentum
Growth
EPS 1Y (TTM)4.78%
EPS 3Y12.16%
EPS 5Y15.85%
EPS Q2Q%9.25%
EPS Next Y-0.19%
EPS Next 2Y4.22%
EPS Next 3Y6.22%
EPS Next 5Y8.69%
Revenue 1Y (TTM)2.95%
Revenue growth 3Y9.38%
Revenue growth 5Y8.83%
Sales Q2Q%9.26%
Revenue Next Year7.9%
Revenue Next 2Y6%
Revenue Next 3Y5.79%
Revenue Next 5Y6.02%
EBIT growth 1Y0.45%
EBIT growth 3Y6.46%
EBIT growth 5Y11.68%
EBIT Next Year18.28%
EBIT Next 3Y10.29%
EBIT Next 5Y8.83%
FCF growth 1Y-2.22%
FCF growth 3Y2.82%
FCF growth 5Y3.73%
OCF growth 1Y-5.38%
OCF growth 3Y8.11%
OCF growth 5Y3.98%
ULTA BEAUTY INC / ULTA FAQ
Can you provide the ChartMill fundamental rating for ULTA BEAUTY INC?
ChartMill assigns a fundamental rating of 6 / 10 to ULTA.
What is the valuation status for ULTA stock?
ChartMill assigns a valuation rating of 4 / 10 to ULTA BEAUTY INC (ULTA). This can be considered as Fairly Valued.
Can you provide the profitability details for ULTA BEAUTY INC?
ULTA BEAUTY INC (ULTA) has a profitability rating of 9 / 10.
How financially healthy is ULTA BEAUTY INC?
The financial health rating of ULTA BEAUTY INC (ULTA) is 8 / 10.
Can you provide the expected EPS growth for ULTA stock?
The Earnings per Share (EPS) of ULTA BEAUTY INC (ULTA) is expected to decline by -0.19% in the next year.