e.l.f. Beauty, Inc. logo ELF - e.l.f. Beauty, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 12
HOLD 12
SELL 2
STRONG
SELL
0
| PRICE TARGET: $76.75 DETAILS
HIGH: $115.00
LOW: $50.00
MEDIAN: $75.00
CONSENSUS: $76.75
UPSIDE: 45.09%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Moderate
Trading 28.7% above fair value
Current Price $52.90
Bear Case $27.06 48.8% downside ($27.06 - $52.90) / $52.90 = -48.8% 6% stage 1 growth, 12% discount
Fair Value $41.11 22.3% downside ($41.11 - $52.90) / $52.90 = -22.3% 10% stage 1 growth, 12% discount
Bull Case $54.86 3.7% upside ($54.86 - $52.90) / $52.90 = 3.7% 13% stage 1 growth, 12% discount

Adjust Assumptions

10.1%
12.0%
3.0%

Key Value Driver

FCF growth rate (10% base case)

Terminal Value % of EV 35%
Implied Market Multiple 30.2x

Plain-Language Summary

Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $76.75 from 27 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $41.11 per share.

Warnings

Stock-based employee pay equals 159% of profits. This dilutes existing shareholders, so cash flow alone overstates what owners really earn.
Wall Street's average price target is $76.75 (from 27 analysts). Our estimate is 62% below the consensus -- consider that gap carefully.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions