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OLPX

Olaplex HoldingsNasdaqGS:OLPX Stock Report

Last Price

US$19.08

Market Cap

US$12.4b

7D

-16.5%

1Y

n/a

Updated

23 Jan, 2022

Data

Company Financials +
OLPX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth6/6
Past Performance3/6
Financial Health3/6
Dividends0/6

OLPX Stock Overview

Olaplex Holdings, Inc. manufactures and sells hair care products.

Olaplex Holdings Competitors

L'Oréal

ENXTPA:OR

€209.4b

Unilever

LSE:ULVR

UK£94.1b

Henkel KGaA

XTRA:HEN3

€32.5b

Kao

TSE:4452

JP¥2.8t

Price History & Performance

Summary of all time highs, changes and price drops for Olaplex Holdings
Historical stock prices
Current Share PriceUS$19.08
52 Week HighUS$30.41
52 Week LowUS$19.05
Beta0
1 Month Change-28.83%
3 Month Change-32.36%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-22.12%

Recent News & Updates

Oct 23

Olaplex: Women's Hair Care May Unlock Immense Shareholder Value

Olaplex went public on the Nasdaq less than two weeks ago starting trading at $25 per share. Olaplex is a specialty hair care company focused intensely on science-backed research and development for new products. Through new product development, an omnichannel marketing strategy, and brand trust, Olaplex may be a good investment opportunity.

Oct 09

Olaplex: Hair Care, Portfolio Care?

Olaplex is revolutionizing hair care and has seen great momentum. The pace of revenue growth and margin performance is unparalleled in this market. I like the great performance and loyal customer base, yet wonder if this momentum can be sustained.

Shareholder Returns

OLPXUS Personal ProductsUS Market
7D-16.5%-8.5%-6.1%
1Yn/a3.5%4.2%

Return vs Industry: Insufficient data to determine how OLPX performed against the US Personal Products industry.

Return vs Market: Insufficient data to determine how OLPX performed against the US Market.

Price Volatility

Is OLPX's price volatile compared to industry and market?
OLPX volatility
OLPX Average Weekly Movement8.7%
Personal Products Industry Average Movement9.7%
Market Average Movement6.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.4%

Stable Share Price: OLPX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: Insufficient data to determine OLPX's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
201482JuE Wonghttps://www.olaplex.com

Olaplex Holdings, Inc. manufactures and sells hair care products. It offers hair care shampoos and conditioners for the hair treatment, maintenance, and protection. The company was founded in 2014 and is based in Santa Barbara, California.

Olaplex Holdings Fundamentals Summary

How do Olaplex Holdings's earnings and revenue compare to its market cap?
OLPX fundamental statistics
Market CapUS$12.37b
Earnings (TTM)US$184.86m
Revenue (TTM)US$525.06m

66.9x

P/E Ratio

23.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OLPX income statement (TTM)
RevenueUS$525.06m
Cost of RevenueUS$101.03m
Gross ProfitUS$424.03m
ExpensesUS$239.17m
EarningsUS$184.86m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.29
Gross Margin80.76%
Net Profit Margin35.21%
Debt/Equity Ratio168.3%

How did OLPX perform over the long term?

See historical performance and comparison

Valuation

Is Olaplex Holdings undervalued compared to its fair value and its price relative to the market?

42.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OLPX ($19.08) is trading below our estimate of fair value ($33.35)

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


Price To Earnings Ratio

PE vs Industry: OLPX is poor value based on its PE Ratio (66.9x) compared to the US Personal Products industry average (16.7x).

PE vs Market: OLPX is poor value based on its PE Ratio (66.9x) compared to the US market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: OLPX is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: OLPX is overvalued based on its PB Ratio (27.3x) compared to the US Personal Products industry average (2.6x).


Future Growth

How is Olaplex Holdings forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

28.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OLPX's forecast earnings growth (28.4% per year) is above the savings rate (2%).

Earnings vs Market: OLPX's earnings (28.4% per year) are forecast to grow faster than the US market (13% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: OLPX's revenue (20.3% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: OLPX's revenue (20.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OLPX's Return on Equity is forecast to be very high in 3 years time (47.1%).


Past Performance

How has Olaplex Holdings performed over the past 5 years?

313.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: OLPX has high quality earnings.

Growing Profit Margin: OLPX's current net profit margins (35.2%) are higher than last year (18%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if OLPX's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare OLPX's past year earnings growth to its 5-year average.

Earnings vs Industry: OLPX earnings growth over the past year (313.5%) exceeded the Personal Products industry 66.8%.


Return on Equity

High ROE: Whilst OLPX's Return on Equity (40.81%) is outstanding, this metric is skewed due to their high level of debt.


Financial Health

How is Olaplex Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: OLPX's short term assets ($258.0M) exceed its short term liabilities ($65.3M).

Long Term Liabilities: OLPX's short term assets ($258.0M) do not cover its long term liabilities ($975.3M).


Debt to Equity History and Analysis

Debt Level: OLPX's net debt to equity ratio (141.5%) is considered high.

Reducing Debt: Insufficient data to determine if OLPX's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: OLPX's debt is well covered by operating cash flow (22.9%).

Interest Coverage: OLPX's interest payments on its debt are well covered by EBIT (5.1x coverage).


Balance Sheet


Dividend

What is Olaplex Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate OLPX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate OLPX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if OLPX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OLPX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of OLPX's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

JuE Wong (58 yo)

2yrs

Tenure

US$7,217,136

Compensation

Ms. JuE Wong has been the President and Director of Olaplex Holdings, Inc. since August 2021 and its Chief Executive Officer since January 8, 2020. Ms. Wong has extensive experience in scaling business and...


CEO Compensation Analysis

Compensation vs Market: JuE's total compensation ($USD7.22M) is below average for companies of similar size in the US market ($USD11.47M).

Compensation vs Earnings: Insufficient data to compare JuE's compensation with company performance.


Leadership Team

Experienced Management: OLPX's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: OLPX's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: OLPX insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: OLPX only recently listed within the past 12 months.


Top Shareholders

Company Information

Olaplex Holdings, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Olaplex Holdings, Inc.
  • Ticker: OLPX
  • Exchange: NasdaqGS
  • Founded: 2014
  • Industry: Personal Products
  • Sector: Household
  • Implied Market Cap: US$12.366b
  • Shares outstanding: 648.12m
  • Website: https://www.olaplex.com

Number of Employees


Location

  • Olaplex Holdings, Inc.
  • 1187 Coast Village Rd
  • Suite 1-520
  • Santa Barbara
  • California
  • 93108
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 23:19
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.