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Ulta BeautyFRA:34U -1.02%94 EV-to-EBIT is 14.53 as of Jul. 25, 2026, which is 16% below its 10-year median of 17.23. GuruFocus rates FRA:34U with a GF Score™ of 94/100 and a GF Value™ of €492.19 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 879 Retail - Cyclical companies, Ulta Beauty ranks worse than 54.15% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Ulta Beauty's Enterprise Value for the quarter that ended in Apr. 2026 was €21,189 Mil.
Ulta Beauty's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,362 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ulta Beauty EV-to-EBIT Related Terms
Ulta Beauty EV-to-EBIT Historical Data
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The historical data trend for Ulta Beauty's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Retail subindustry, Ulta Beauty's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ulta Beauty EV-to-EBIT vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Ulta Beauty's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Ulta Beauty's EV-to-EBIT falls into.
Ulta Beauty's current Enterprise Value is €19,792 Mil.
Ulta Beauty's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,362 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ulta Beauty (FRA:34U) has a EV-to-EBIT of 14.53 as of Jul. 25, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ulta Beauty and its competitors. This is 16% below median its historical median of 17.23. Over the past decade, Ulta Beauty's EV-to-EBIT has ranged from 10.62 to 60.62. According to the industry distribution chart, Ulta Beauty ranks #476 out of 879 companies in the Retail - Cyclical industry, placing it in the top 54.2%.
Is Ulta Beauty's EV-to-EBIT too high?
Ulta Beauty's current EV-to-EBIT of 14.53 is 16% below median its 10-year median of 17.23. Over the past 10 years, this metric has ranged from a low of 10.62 to a high of 60.62. The Retail - Cyclical industry median EV-to-EBIT is 13.64. Ulta Beauty's value of 14.53 is 6.5% above this industry median. Based on the distribution chart, Ulta Beauty ranks #476 out of 879 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Ulta Beauty has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ulta Beauty's EV-to-EBIT compare to DKS and BBY?
According to the Retail - Cyclical industry distribution chart, Ulta Beauty ranks #476 out of 879 companies for EV-to-EBIT. This places Ulta Beauty in the lower half of its industry. The industry median EV-to-EBIT is 13.64. Ulta Beauty's value of 14.53 is 6.5% above this benchmark. Historically, Ulta Beauty's own EV-to-EBIT has ranged from 10.62 to 60.62 over the past decade. While the company's 10-year median is 17.23 vs. the industry median of 13.64, Ulta Beauty has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Retail - Cyclical company?
The median EV-to-EBIT among Retail - Cyclical companies is 13.64, based on 879 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ulta Beauty's current EV-to-EBIT of 14.53 is 6.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ulta Beauty and its competitors. For the Retail - Cyclical industry, the median EV-to-EBIT is 13.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ulta Beauty's current EV-to-EBIT is 14.53, which is 16% below median its own 10-year median of 17.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ulta Beauty stock overvalued right now?
Based on GuruFocus' analysis, Ulta Beauty (FRA:34U) is currently considered Modestly Undervalued. The stock's GF Value™ is €492.19, compared to a current price of €416.70 — trading 15.3% below its estimated fair value. The current EV-to-EBIT is 14.53, which is 16% below median its 10-year median of 17.23 and 6.5% above the Retail - Cyclical industry median of 13.64. Ulta Beauty's overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Ulta Beauty (FRA:34U), the current EV-to-EBIT is 14.53 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ulta Beauty (FRA:34U) Overvalued in 2026?
Based on GuruFocus' analysis, Ulta Beauty stock appears to be undervalued.
The current stock price of €416.70 is trading 15.3% below its estimated GF Value™ of €492.19.
GuruFocus considers Ulta Beauty to be Modestly Undervalued.
Key valuation signals for FRA:34U:
EV-to-EBIT: 14.53 (16% below median its 10-year median of 17.23)
GF Value™: €492.19 vs. price of €416.70 (15.3% below fair value)
Industry Position: 6.5% above the Retail - Cyclical median (#476 of 879)
No single metric tells the full story. See the FRA:34U stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ulta Beauty is the largest specialized beauty retailer in the US with more than 1,500 freestanding stores. The firm offers cosmetics (38% of 2025 sales), fragrances (13%), skin care (24%), and hair care products (19%). It also has salon services, including hair, makeup, skin, and brow, that account for 4% of its revenue and drive customer traffic. Outside of the US, Ulta operates premium beauty retailer Space NK (86 stores at year-end 2025 in the UK and Ireland) and has franchised stores in Mexico, and a joint venture in the Middle East. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
94GF Score
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