e.l.f. Beauty Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • 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 ELF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ELF ($189.02) is trading below our estimate of fair value ($234.9)

Significantly Below Fair Value: ELF is trading below fair value, but not by a significant amount.


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

ELF key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue10.9x
Enterprise Value/EBITDA62.7x
PEG Ratio3.9x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ELF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.6x
COTY Coty
42.5x24.2%US$8.8b
BRBR BellRing Brands
35.2x14.3%US$6.7b
IPAR Inter Parfums
29.1x13.3%US$4.0b
KVUE Kenvue
23.4x11.4%US$34.7b
ELF e.l.f. Beauty
83.5x21.6%US$10.9b

Price-To-Earnings vs Peers: ELF is expensive based on its Price-To-Earnings Ratio (83.5x) compared to the peer average (32.6x).


Price to Earnings Ratio vs Industry

How does ELF's PE Ratio compare vs other companies in the US Personal Products Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a20.3%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a20.3%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: ELF is expensive based on its Price-To-Earnings Ratio (83.5x) compared to the Global Personal Products industry average (25.1x).


Price to Earnings Ratio vs Fair Ratio

What is ELF'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.

ELF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio83.5x
Fair PE Ratio40.6x

Price-To-Earnings vs Fair Ratio: ELF is expensive based on its Price-To-Earnings Ratio (83.5x) compared to the estimated Fair Price-To-Earnings Ratio (40.6x).


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 ELF forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$189.02
US$218.08
+15.4%
13.6%US$258.00US$151.00n/a13
Jul ’25US$204.16
US$209.92
+2.8%
11.9%US$250.00US$151.00n/a13
Jun ’25US$186.91
US$202.62
+8.4%
9.7%US$220.00US$151.00n/a13
May ’25US$158.52
US$206.21
+30.1%
8.2%US$230.00US$167.00n/a14
Apr ’25US$191.97
US$208.21
+8.5%
7.9%US$230.00US$167.00n/a14
Mar ’25US$217.40
US$203.08
-6.6%
8.0%US$225.00US$167.00n/a13
Feb ’25US$162.50
US$171.58
+5.6%
9.1%US$190.00US$141.00n/a12
Jan ’25US$144.34
US$143.33
-0.7%
12.4%US$178.00US$119.00n/a12
Dec ’24US$122.44
US$139.92
+14.3%
11.0%US$178.00US$119.00n/a12
Nov ’24US$94.54
US$143.25
+51.5%
9.7%US$176.00US$117.00n/a12
Oct ’24US$109.83
US$147.25
+34.1%
11.4%US$176.00US$110.00n/a12
Sep ’24US$136.97
US$146.91
+7.3%
11.4%US$165.00US$110.00n/a11
Aug ’24US$116.50
US$121.09
+3.9%
15.2%US$164.00US$90.00n/a11
Jul ’24US$114.23
US$111.82
-2.1%
12.4%US$130.00US$87.00US$204.1611
Jun ’24US$106.54
US$106.82
+0.3%
9.5%US$121.00US$87.00US$186.9111
May ’24US$92.72
US$96.18
+3.7%
13.4%US$114.00US$70.00US$158.5211
Apr ’24US$82.35
US$76.27
-7.4%
15.2%US$94.00US$57.00US$191.9711
Mar ’24US$74.19
US$72.09
-2.8%
10.2%US$82.00US$57.00US$217.4011
Feb ’24US$58.51
US$57.50
-1.7%
15.9%US$65.00US$36.00US$162.5010
Jan ’24US$55.30
US$53.40
-3.4%
16.7%US$65.00US$36.00US$144.3410
Dec ’23US$55.40
US$49.80
-10.1%
13.5%US$63.00US$36.00US$122.4410
Nov ’23US$43.70
US$44.60
+2.1%
8.0%US$50.00US$36.00US$94.5410
Oct ’23US$37.62
US$41.40
+10.0%
12.4%US$50.00US$35.00US$109.8310
Sep ’23US$38.44
US$38.67
+0.6%
7.5%US$44.00US$35.00US$136.979
Aug ’23US$33.89
US$34.44
+1.6%
15.6%US$42.00US$24.00US$116.509
Jul ’23US$30.62
US$33.10
+8.1%
15.9%US$42.00US$24.00US$114.2310

Analyst Forecast: Target price is less than 20% higher than the current share price.


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