Enterprise Value (EV)
Current Enterprise Value (EV)
e.l.f. Beauty, Inc., current enterprise value calculation
| Current share price (P) | $160.83 |
| No. shares of common stock outstanding | 56,388,228 |
| US$ in thousands | |
| Common equity (market value)1 | 9,068,919) |
| Total equity | 9,068,919) |
| Add: Current portion of long-term debt and finance lease obligations (per books) | 100,307) |
| Add: Long-term debt and finance lease obligations (per books) | 161,819) |
| Total equity and debt | 9,331,045) |
| Less: Cash and cash equivalents | 108,183) |
| Enterprise value (EV) | 9,222,862) |
Based on: 10-K (reporting date: 2024-03-31).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 160.83 × 56,388,228
Historical Enterprise Value (EV)
e.l.f. Beauty, Inc., EV calculation
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 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of e.l.f. Beauty, Inc. Annual Report.
3 2024 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 184.77 × 55,939,080
The financial data indicates a period of exponential growth in the company's valuation between March 31, 2020, and March 31, 2024. While the initial three years showed moderate fluctuation, the subsequent two years were characterized by a massive escalation in both market capitalization and enterprise value.
- Market Equity Valuation Trends
- Common equity market value experienced a significant upward trajectory, rising from US$ 828.65 million in 2020 to US$ 10.34 billion by 2024. A notable inflection point occurred after March 31, 2022, where the valuation grew from US$ 1.29 billion to US$ 5.61 billion in a single year, followed by a further increase to over US$ 10 billion by the end of the period.
- Enterprise Value (EV) Expansion
- Enterprise value closely mirrored the growth of market equity, expanding from US$ 921.14 million in 2020 to US$ 10.49 billion in 2024. The trajectory reflects a consistent pattern: a steady increase through 2021, a slight contraction in 2022, and a rapid, aggressive acceleration in 2023 and 2024.
- Capital Structure and Leverage Analysis
- Analysis of the relationship between total equity and total equity and debt suggests a highly equity-centric capital structure. The variance between these two figures remained minimal throughout the reporting period. In 2024, the total equity and debt figure of US$ 10.60 billion only slightly exceeded the total equity of US$ 10.34 billion, indicating very low reliance on debt financing relative to the overall size of the enterprise.
- Enterprise Value to Equity Correlation
- The close alignment between the market value of common equity and the enterprise value suggests that the company's total valuation is driven almost exclusively by equity markets. The minimal gap between these metrics indicates that net debt has a negligible impact on the overall enterprise valuation.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.
How can I help you?