Ulta BeautyFRA:34U +5.21%96 Quick Ratio is 0.28 as of Apr. 2026, which is 53% below its 10-year median of 0.60. 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 1,132 Retail - Cyclical companies, Ulta Beauty ranks worse than 87.81% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Ulta Beauty's quick ratio for the quarter that ended in Apr. 2026 was 0.28.
Ulta Beauty has a quick ratio of 0.28. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Ulta Beauty's Quick Ratio or its related term are showing as below:
FRA:34U'
s Quick Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.6 Max: 1.35
Current: 0.28
During the past 13 years, Ulta Beauty's highest Quick Ratio was 1.35. The lowest was 0.25. And the median was 0.60.
FRA:34U's Quick Ratio is ranked worse than 87.81% of 1132
companies
in the Retail - Cyclical industry
Industry Median: 0.87
vs FRA:34U: 0.28
Ulta Beauty (FRA:34U) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Ulta Beauty Quick Ratio Related Terms
Ulta Beauty Quick Ratio Historical Data
* Premium members only.
The historical data trend for Ulta Beauty's Quick Ratio 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 Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Ulta Beauty's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Ulta Beauty's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Ulta Beauty's Quick Ratio 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 Quick Ratio of 0.28 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ulta Beauty and its competitors. This is 53% below median its historical median of 0.60. Over the past decade, Ulta Beauty's Quick Ratio has ranged from 0.25 to 1.35. According to the industry distribution chart, Ulta Beauty ranks #994 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 87.8%.
Is Ulta Beauty's Quick Ratio too high?
Ulta Beauty's current Quick Ratio of 0.28 is 53% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.35. The Retail - Cyclical industry median Quick Ratio is 0.87. Ulta Beauty's value of 0.28 is 67.8% below this industry median. Based on the distribution chart, Ulta Beauty ranks #994 out of 1132 companies in the Retail - Cyclical industry, which is in the bottom quartile 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 Quick Ratio compare to WSM and DKS?
According to the Retail - Cyclical industry distribution chart, Ulta Beauty ranks #994 out of 1132 companies for Quick Ratio. This places Ulta Beauty in the lower half of its industry. The industry median Quick Ratio is 0.87. Ulta Beauty's value of 0.28 is 67.8% below this benchmark. Historically, Ulta Beauty's own Quick Ratio has ranged from 0.25 to 1.35 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.87, Ulta Beauty has consistently been below 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 Quick Ratio for a Retail - Cyclical company?
The median Quick Ratio among Retail - Cyclical companies is 0.87, based on 1,132 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ulta Beauty's current Quick Ratio of 0.28 is 67.8% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ulta Beauty and its competitors. For the Retail - Cyclical industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ulta Beauty's current Quick Ratio is 0.28, which is 53% below median its own 10-year median of 0.60. 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 Quick Ratio is 0.28, which is 53% below median its 10-year median of 0.60 and 67.8% below the Retail - Cyclical industry median of 0.87. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Ulta Beauty (FRA:34U), the current Quick Ratio is 0.28 as of Apr. 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:
Quick Ratio: 0.28 (53% below median its 10-year median of 0.60)
GF Value™: €487.50 vs. price of €424.40 (12.9% below fair value)
Industry Position: 67.8% below the Retail - Cyclical median (#994 of 1132)
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
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