Stock Analysis on Net

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

Enterprise Value to EBITDA (EV/EBITDA)

Microsoft Excel

Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)

e.l.f. Beauty, Inc., EBITDA calculation

US$ in thousands

Microsoft Excel
12 months ended: Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020
Net income 127,663 61,530 21,770 6,232 17,884
Add: Income tax expense 13,327 2,544 3,661 (2,542) 6,185
Earnings before tax (EBT) 140,990 64,074 25,431 3,690 24,069
Add: Interest expense 11,840 3,990 2,444 4,095 7,170
Earnings before interest and tax (EBIT) 152,830 68,064 27,875 7,785 31,239
Add: Depreciation and amortization 35,913 22,164 27,083 25,179 22,843
Earnings before interest, tax, depreciation and amortization (EBITDA) 188,743 90,228 54,958 32,964 54,082

Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31).

Item Description The company
EBITDA To calculate EBITDA analysts start with net earnings. To that earnings number, interest, taxes, depreciation, and amortization are added. EBITDA as a pre-interest number is a flow to all providers of capital. e.l.f. Beauty, Inc. EBITDA increased from 2022 to 2023 and from 2023 to 2024.

Enterprise Value to EBITDA Ratio, Current

e.l.f. Beauty, Inc., current EV/EBITDA calculation, comparison to benchmarks

Microsoft Excel
Selected Financial Data (US$ in thousands)
Enterprise value (EV) 6,618,853
Earnings before interest, tax, depreciation and amortization (EBITDA) 188,743
Valuation Ratio
EV/EBITDA 35.07
Benchmarks
EV/EBITDA, Competitors1
Procter & Gamble Co. 19.20
EV/EBITDA, Sector
Household & Personal Products 20.23
EV/EBITDA, Industry
Consumer Staples 20.14

Based on: 10-K (reporting date: 2024-03-31).

1 Click competitor name to see calculations.

If the company EV/EBITDA is lower then the EV/EBITDA of benchmark then company is relatively undervalued.
Otherwise, if the company EV/EBITDA is higher then the EV/EBITDA of benchmark then company is relatively overvalued.


Enterprise Value to EBITDA Ratio, Historical

e.l.f. Beauty, Inc., historical EV/EBITDA calculation, comparison to benchmarks

Microsoft Excel
Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020
Selected Financial Data (US$ in thousands)
Enterprise value (EV)1 10,489,807 5,555,934 1,340,991 1,541,824 921,139
Earnings before interest, tax, depreciation and amortization (EBITDA)2 188,743 90,228 54,958 32,964 54,082
Valuation Ratio
EV/EBITDA3 55.58 61.58 24.40 46.77 17.03
Benchmarks
EV/EBITDA, Competitors4
Procter & Gamble Co. 18.58 18.03 17.48 17.56 18.11
EV/EBITDA, Sector
Household & Personal Products 18.21 17.49 17.60 18.11
EV/EBITDA, Industry
Consumer Staples 15.66 15.91 15.85 14.65

Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31).

1 See details »

2 See details »

3 2024 Calculation
EV/EBITDA = EV ÷ EBITDA
= 10,489,807 ÷ 188,743 = 55.58

4 Click competitor name to see calculations.

Valuation ratio Description The company
EV/EBITDA Enterprise value to earnings before interest, tax, depreciation and amortization is a valuation indicator for the overall company rather than common stock. e.l.f. Beauty, Inc. EV/EBITDA ratio increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.