European Wax Center, Inc.

NasdaqGS:EWCZ Stock Report

Market Cap: US$288.1m

European Wax Center Valuation

Is EWCZ undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of EWCZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EWCZ ($5.06) is trading below our estimate of fair value ($11.5)

Significantly Below Fair Value: EWCZ is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EWCZ?

Key metric: As EWCZ is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for EWCZ. This is calculated by dividing EWCZ's market cap by their current earnings.
What is EWCZ's PE Ratio?
PE Ratio20.3x
EarningsUS$11.14m
Market CapUS$288.13m

Price to Earnings Ratio vs Peers

How does EWCZ's PE Ratio compare to its peers?

The above table shows the PE ratio for EWCZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.1x
CSV Carriage Services
18x23.8%US$616.2m
YSXT YSX Tech
22.9xn/aUS$104.6m
MCW Mister Car Wash
31x22.7%US$2.3b
RGS Regis
0.7xn/aUS$57.8m
EWCZ European Wax Center
20.3x28.9%US$288.1m

Price-To-Earnings vs Peers: EWCZ is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the peer average (18.1x).

Price to Earnings Ratio vs Industry

How does EWCZ's PE Ratio compare vs other companies in the US Consumer Services Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
QSG QuantaSing Group
1.8x-25.6%US$99.16m
STG Sunlands Technology Group
1.4xn/aUS$85.38m
RGS Regis
0.7xn/aUS$57.77m
REDU RISE Education Cayman
1xn/aUS$40.41m
EWCZ 20.3xIndustry Avg. 19.7xNo. of Companies8PE01632486480+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EWCZ is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the US Consumer Services industry average (19.7x).

Price to Earnings Ratio vs Fair Ratio

What is EWCZ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EWCZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.3x
Fair PE Ratio17.9x

Price-To-Earnings vs Fair Ratio: EWCZ is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the estimated Fair Price-To-Earnings Ratio (17.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst EWCZ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$5.06
US$8.31
+64.3%
46.3%US$18.00US$5.00n/a8
Dec ’25US$6.01
US$8.56
+42.5%
43.8%US$18.00US$5.00n/a8
Nov ’25US$7.36
US$8.69
+18.0%
43.5%US$18.00US$5.00n/a8
Oct ’25US$6.86
US$8.69
+26.6%
43.5%US$18.00US$5.00n/a8
Sep ’25US$6.90
US$8.44
+22.3%
44.9%US$18.00US$5.00n/a8
Aug ’25US$8.71
US$15.75
+80.8%
19.8%US$23.00US$12.00n/a8
Jul ’25US$9.72
US$16.13
+65.9%
17.4%US$23.00US$13.00n/a8
Jun ’25US$11.32
US$16.13
+42.4%
17.4%US$23.00US$13.00n/a8
May ’25US$11.77
US$18.00
+52.9%
13.3%US$23.00US$15.00n/a8
Apr ’25US$12.89
US$18.00
+39.6%
13.3%US$23.00US$15.00n/a8
Mar ’25US$14.15
US$18.25
+29.0%
15.4%US$24.00US$15.00n/a8
Feb ’25US$15.34
US$18.25
+19.0%
15.4%US$24.00US$15.00n/a8
Jan ’25US$13.59
US$17.88
+31.5%
16.2%US$24.00US$14.00n/a8
Dec ’24US$14.92
US$17.88
+19.8%
16.2%US$24.00US$14.00US$6.018
Nov ’24US$14.51
US$22.00
+51.6%
12.4%US$27.00US$18.00US$7.368
Oct ’24US$16.20
US$22.50
+38.9%
12.0%US$27.00US$18.00US$6.868
Sep ’24US$17.34
US$22.13
+27.6%
13.3%US$27.00US$18.00US$6.908
Aug ’24US$19.60
US$21.38
+9.1%
14.6%US$27.00US$17.00US$8.718
Jul ’24US$18.63
US$21.38
+14.7%
14.6%US$27.00US$17.00US$9.728
Jun ’24US$16.97
US$21.38
+26.0%
14.6%US$27.00US$17.00US$11.328
May ’24US$19.06
US$22.00
+15.4%
15.6%US$27.00US$17.00US$11.778
Apr ’24US$19.00
US$22.00
+15.8%
15.6%US$27.00US$17.00US$12.898
Mar ’24US$18.51
US$21.38
+15.5%
18.9%US$27.00US$16.00US$14.158
Feb ’24US$19.23
US$21.38
+11.2%
18.9%US$27.00US$16.00US$15.348
Jan ’24US$12.45
US$21.00
+68.7%
21.2%US$27.00US$15.00US$13.598
Dec ’23US$14.37
US$21.00
+46.1%
21.2%US$27.00US$15.00US$14.928

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 17:44
End of Day Share Price 2024/12/20 00:00
Earnings2024/10/05
Annual Earnings2024/01/06

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

European Wax Center, Inc. is covered by 10 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan KompBaird
Melanie NunezBofA Global Research
Lorraine Corrine HutchinsonBofA Global Research