e.l.f. Beauty (ELF) vs Kenvue Inc. (KVUE)

e.l.f. Beauty and Kenvue Inc. are both Household & Personal Products companies. Kenvue Inc. is the larger, with a market value of $33.8B against $5.9B — 5.7× the size. Kenvue Inc. trades at the lower P/E: 20.5× against 99.5×. e.l.f. Beauty grew revenue faster over the last twelve months: 31.2% against 1.76%. Kenvue Inc. has the higher net margin (10.8% vs 3.38%) and the higher return on invested capital (9.95% vs 4.72%). Across the 22 metrics below, Kenvue Inc. leads on 16 and e.l.f. Beauty on 6.

Valuation

Metric ELF KVUE Household & Personal Products median
P/E 99.51 20.46 22.55
P/S 3.34 2.22 1.13
P/B 5.04 3.24 3.02
Price to free cash flow 21.01 17.63 17.73
EV/EBITDA 28.91 12.56 12.27
EV/Sales 3.63 2.61 1.26
Earnings yield 1.00% 4.89% 0.27%
Free cash flow yield 4.76% 5.67% 4.03%

Profitability

Metric ELF KVUE Household & Personal Products median
Gross margin 74.44% 58.19% 46.28%
Operating margin 7.23% 17.07% 0.79%
Net margin 3.38% 10.76% 0.61%
Free cash flow margin 15.90% 12.58% 2.89%
Return on equity 6.04% 15.58% 2.12%
Return on assets 3.16% 6.16% 0.00%
Return on invested capital 4.72% 9.95% 0.00%

Growth

Metric ELF KVUE Household & Personal Products median
Revenue growth (TTM) 31.23% 1.76% 2.93%
EPS growth (last fiscal year) (77.08%) 40.74% —
Revenue growth, 5-year CAGR 38.76% 0.89% 2.03%
Net income growth, 5-year CAGR 33.39% 0.00% 0.00%

Health

Metric ELF KVUE Household & Personal Products median
Debt to equity 0.74 0.67 0.46
Current ratio 2.55 1.01 1.64
Net debt to EBITDA 3.73 2.02 1.37

Dividend

Metric ELF KVUE Household & Personal Products median
Dividend yield — 1.65% 1.96%
Payout ratio 0.00 — 0.49

Size

Metric ELF KVUE Household & Personal Products median
Market cap 5.90b 33.82b 625.04m

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