Ulta Beauty, Inc. (ULTA)

NASDAQ · Consumer Discretionary · market cap 20.08B

Share price

$543.73

At the last nightly close

Intrinsic value

$481.05

Range $481.05 – $553.97 — the conservative figure is the low end.

Margin of safety

-11.5%

($481.05 − $543.73) ÷ $543.73

EV / EBIT

33.4

On the median operating profit of 15 fiscal years through 2026.

How these numbers are computed

The valuations are calculated in Python from filed accounts, not written by a language model. Three methods run side by side: earnings power value, which capitalises a normalised operating profit; a free-cash-flow model; and the Graham Number as an asset-side cross-check. The conservative figure above is the low end of what they agree on.

The frame gives no credit for growth. A company that compounds will therefore read as expensive against it — that is deliberate. It is a price-discipline floor, not a price target, and it is not a view on what the shares will do.

The EV/EBIT ranking uses the median operating profit of up to fifteen fiscal years — a full cycle — where the free screeners use the last twelve months. When the data cannot support a method, the figure reads n/a rather than a number: a free-cash-flow valuation on a bank, a PEG on erratic earnings, a multiple on a company with no operating profit to speak of.

Fundamentals from SEC EDGAR. Prices, market data and technicals from yfinance. Valuation computed 2026-09-03.

Key metrics

Price / earnings19.8
Price / book8.6
EV / EBITDA12.9
FCF / EV+2.4%
Return on equity+46.1%
Return on assets+14.8%
Debt / equity0.95
Gross margin+43.1%

Market position

52-week high$706.82
52-week low$450.75
From 52-week high-23.1%
RSI (14)53.4
200-day moving average$533.74

Annual financials

PeriodRevenueOperating incomeNet incomeEPSFree cash flow
2026-FY12.39B1.55B1.15B25.721.07B
2025-FY11.30B1.58B1.20B25.44964.1M
2024-FY11.21B1.69B1.29B26.181.04B
2023-FY10.21B1.65B1.24B24.171.17B
2022-FY8.63B1.30B985.8M17.98887.1M

Filed figures from SEC EDGAR, in the reporting currency.

Next earnings

Q4 2026 expectedDecember 3, 2026
Consensus EPS estimate4.60

Recent news

The figures above are the arithmetic. To see what a board of eight AI agents makes of them — macro, sector, filings, news and a devil's advocate whose only job is to attack the thesis — run the full analysis on ULTA.

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This page presents computed figures and filed financial data for information only. It is not investment advice, not a recommendation to buy or sell any security, and not a statement about what these shares will do. Sperio is a research tool, not an investment adviser. Figures are derived automatically from public filings and market data and may be incomplete, out of date or wrong. See the Terms & Disclaimer.