Ulta Beauty, Inc. (ULTA)
Retail-Retail Stores, NEC
Latest Price
$546.78
TTM P/E
19.92
Normalized P/E
21.94
Div Yield
--
Book Value
60.96
P/B Ratio
8.97
Valuation metrics
adjust assumptions →EPS: $25.64
Book value / share: $63.48
Formula: √(22.5 × EPS × BVPS)
Graham Number
$191.36
65% downside
Norm. op. income: $1.3B (median of 7yr)
Tax rate: 24%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$233.28
57% downside
Base FCF: $1.0B (median of recent 5yr)
Growth: 14%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$782.01
+43% upside
EPS: $25.64
Target P/E: 22×
Formula: EPS × P/E
P/E Fair Value
$564.08
+3% upside
Institutional Ownership
100.0% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 4.03M | $1.81B | 9.41% | -39.7K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.85M | $1.28B | 6.65% | -38.8K | 2026-06-30 |
| Sanders Capital, LLC | 2.46M | $1.11B | 5.75% | +552.8K | 2026-06-30 |
| STATE STREET CORP | 2.02M | $913.0M | 4.73% | +22.0K | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 1.94M | $875.0M | 4.54% | -17.6K | 2026-06-30 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 1.53M | $689.0M | 3.57% | +544.7K | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 1.23M | $555.0M | 2.88% | -38.3K | 2026-06-30 |
| MORGAN STANLEY | 1.04M | $469.0M | 2.43% | -78.4K | 2026-06-30 |
| T. Rowe Price Investment Management, Inc. | 871.8K | $393.0M | 2.04% | -98.6K | 2026-06-30 |
| FRANKLIN RESOURCES INC | 848.9K | $382.0M | 1.98% | +220.3K | 2026-06-30 |