Ulta BeautyFRA:34U +5.21%96 Market Cap is €18,384 Mil as of Jun. 26, 2026. GuruFocus rates FRA:34U with a GF Score™ of 96/100 and a GF Value™ of €487.50 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,142 Retail - Cyclical companies, Ulta Beauty ranks better than 97.02% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Ulta Beauty's share price for the quarter that ended in Apr. 2026 was €448.8. Ulta Beauty's Shares Outstanding (EOP) for the quarter that ended in Apr. 2026 was 43 Mil. Therefore, Ulta Beauty's market cap for the quarter that ended in Apr. 2026 was €19,409 Mil.
Ulta Beauty's quarterly market cap
increased
from Oct. 2025 (€19,568 Mil) to Jan. 2026 (€23,240 Mil) but then
declined
from Jan. 2026 (€23,240 Mil) to Apr. 2026 (€19,409 Mil).
Ulta Beauty's annual market cap
declined
from Jan. 2024 (€22,616 Mil) to Jan. 2025 (€18,487 Mil) but then
increased
from Jan. 2025 (€18,487 Mil) to Jan. 2026 (€23,240 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Ulta Beauty's Enterprise Value for Today is €20,217 Mil.
Ulta Beauty (FRA:34U) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Ulta Beauty Market Cap Related Terms
Ulta Beauty Market Cap Historical Data
* Premium members only.
The historical data trend for Ulta Beauty's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Ulta Beauty's Market Cap distribution charts can be found below:
* The bar in red indicates where Ulta Beauty's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Ulta Beauty's Market Cap for the fiscal year that ended in Jan. 2026 is calculated as
* 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 Market Cap of €18,384 Mil as of Jun. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Ulta Beauty and its competitors. According to the industry distribution chart, Ulta Beauty ranks #34 out of 1142 companies in the Retail - Cyclical industry, placing it in the top 3%.
Is Ulta Beauty's Market Cap too high?
Ulta Beauty's current Market Cap is €18,384 Mil. Based on the distribution chart, Ulta Beauty ranks #34 out of 1142 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Ulta Beauty has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ulta Beauty's Market Cap compare to WSM and DKS?
According to the Retail - Cyclical industry distribution chart, Ulta Beauty ranks #34 out of 1142 companies for Market Cap. This places Ulta Beauty in the top 3% of its industry — outperforming the majority of peers. The industry median Market Cap is 143.11. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Retail - Cyclical company?
The median Market Cap among Retail - Cyclical companies is 143.11, based on 1,142 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Ulta Beauty and its competitors. For the Retail - Cyclical industry, the median Market Cap is 143.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ulta Beauty's current Market Cap is €18,384 Mil. 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 €487.50, compared to a current price of €424.40 — trading 12.9% below its estimated fair value. The current Market Cap is €18,384 Mil. Ulta Beauty's overall GF Score™ is 96/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Ulta Beauty (FRA:34U), the current Market Cap is €18,384 Mil as of Jun. 26, 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 €424.40 is trading 12.9% below its estimated GF Value™ of €487.50.
GuruFocus considers Ulta Beauty to be Modestly Undervalued.
Key valuation signals for FRA:34U:
Market Cap: €18,384 Mil
GF Value™: €487.50 vs. price of €424.40 (12.9% below fair value)
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.
96GF Score
Get the complete analysis for FRA:34U
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:34U has been successfully added to your 
