e.l.f. Beauty, Inc. (ELF)

Perfumes, Cosmetics & Other Toilet Preparations

Latest Price

$95.47

TTM P/E

97.42

Normalized P/E

67.61

Div Yield

Book Value

19.76

P/B Ratio

4.83

Valuation metrics

EPS: $0.44

Book value / share: $19.13

Formula: √(22.5 × EPS × BVPS)

Graham Number

$13.76

86% downside

Norm. op. income: $68M (median of 7yr)

Tax rate: 19%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$0.04

100% downside

Base FCF: $100M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$19.56

80% downside

EPS: $0.44

Target P/E: 68×

Formula: EPS × P/E

P/E Fair Value

$29.92

69% downside

94.9% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BAILLIE GIFFORD & CO	7.05M	$521.0M	11.96%	-139.3K	2026-06-30
BlackRock, Inc.	5.79M	$428.0M	9.82%	+238.1K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	2.75M	$203.0M	4.67%	+163.7K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	2.58M	$191.0M	4.38%	+47.5K	2026-06-30
CITADEL ADVISORS LLC	2.49M	$184.0M	4.22%	+1.65M	2026-06-30
GOLDMAN SACHS GROUP INC	2.09M	$154.0M	3.54%	+1.39M	2026-06-30
JPMORGAN CHASE & CO	1.96M	$137.0M	3.33%	+1.58M	2026-06-30
STATE STREET CORP	1.87M	$138.0M	3.18%	+75.8K	2026-06-30
Ensign Peak Advisors, Inc	1.59M	$117.0M	2.70%	-308.6K	2026-06-30
JANE STREET GROUP, LLC	1.58M	$116.0M	2.67%	+1.15M	2026-06-30