Stock Analysis on Net

Ulta Beauty Inc. (NASDAQ:ULTA)

This company has been moved to the archive! The financial data has not been updated since August 24, 2023.

Enterprise Value (EV) 

Microsoft Excel

Current Enterprise Value (EV)

Ulta Beauty Inc., current enterprise value calculation

Microsoft Excel
Current share price (P) $422.74
No. shares of common stock outstanding 49,228,649
US$ in thousands
Common equity (market value)1 20,810,919
Total equity 20,810,919
Add: Total debt (book value)
Total equity and debt 20,810,919
Less: Cash and cash equivalents 737,877
Less: Short-term investments
Enterprise value (EV) 20,073,042

Based on: 10-K (reporting date: 2023-01-28).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 422.74 × 49,228,649


Historical Enterprise Value (EV)

Ulta Beauty Inc., EV calculation

Microsoft Excel
Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019 Feb 3, 2018
Share price1, 2 $513.98 $395.07 $303.00 $174.45 $347.30 $204.38
No. shares of common stock outstanding1 50,195,089 52,327,263 56,205,592 56,309,476 58,803,744 60,611,334
US$ in thousands
Common equity (market value)3 25,799,272 20,672,932 17,030,294 9,823,188 20,422,540 12,387,744
Total equity 25,799,272 20,672,932 17,030,294 9,823,188 20,422,540 12,387,744
Add: Total debt (book value)
Total equity and debt 25,799,272 20,672,932 17,030,294 9,823,188 20,422,540 12,387,744
Less: Cash and cash equivalents 737,877 431,560 1,046,051 392,325 409,251 277,445
Less: Short-term investments 110,000 120,000
Enterprise value (EV) 25,061,395 20,241,372 15,984,243 9,320,863 20,013,289 11,990,299

Based on: 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Ulta Beauty Inc. Annual Report.

3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 513.98 × 50,195,089

Item Description The company
EV Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. Ulta Beauty Inc. EV increased from 2021 to 2022 and from 2022 to 2023.