e.l.f. Beauty (ELF) vs Spectrum Brands Holdings Inc. (SPB)

e.l.f. Beauty and Spectrum Brands Holdings Inc. are both Household & Personal Products companies. e.l.f. Beauty is the larger, with a market value of $6.5B against $2.1B — 3.2× the size. Spectrum Brands Holdings Inc. trades at the lower P/E: 26.9× against 76.1×. e.l.f. Beauty grew revenue faster over the last twelve months: 39.9% against 0.82%. e.l.f. Beauty has the higher net margin (4.47% vs 2.76%) and the higher return on invested capital (6.44% vs 3.28%). Across the 22 metrics below, e.l.f. Beauty leads on 11 and Spectrum Brands Holdings Inc. on 11.

Valuation

Metric ELF SPB Household & Personal Products median
P/E 76.12 26.89 25.45
P/S 3.38 0.72 1.17
P/B 5.35 1.11 2.43
Price to free cash flow 23.80 7.05 20.67
EV/EBITDA 31.90 7.86 13.40
EV/Sales 3.64 0.84 1.24
Earnings yield 1.31% 3.72% 1.13%
Free cash flow yield 4.20% 14.18% 3.81%

Profitability

Metric ELF SPB Household & Personal Products median
Gross margin 74.42% 39.65% 46.90%
Operating margin 8.87% 4.03% 1.31%
Net margin 4.47% 2.76% 2.32%
Free cash flow margin 14.22% 10.15% 4.87%
Return on equity 7.33% 4.24% 4.67%
Return on assets 3.55% 2.23% 0.00%
Return on invested capital 6.44% 3.28% 0.57%

Growth

Metric ELF SPB Household & Personal Products median
Revenue growth (TTM) 39.93% 0.82% 2.91%
EPS growth (last fiscal year) (77.08%) (5.85%) (5.01%)
Revenue growth, 5-year CAGR 38.76% 1.39% 1.39%
Net income growth, 5-year CAGR 33.39% 0.43% 0.00%

Health

Metric ELF SPB Household & Personal Products median
Debt to equity 0.65 0.33 0.44
Current ratio 2.57 2.41 1.75
Net debt to EBITDA 3.73 1.96 1.37

Dividend

Metric ELF SPB Household & Personal Products median
Dividend yield — 2.11% 2.48%
Payout ratio — 0.57 0.74

Size

Metric ELF SPB Household & Personal Products median
Market cap 6.48b 2.05b 671.37m

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