WallStSmart

Academy Sports Outdoors Inc (ASO)vsUlta Beauty Inc (ULTA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Ulta Beauty Inc generates 105% more annual revenue ($12.39B vs $6.05B). ULTA leads profitability with a 9.3% profit margin vs 6.2%. ASO appears more attractively valued with a PEG of 0.60. ASO earns a higher WallStSmart Score of 62/100 (C+).

ASO

Buy

62

out of 100

Grade: C+

Growth: 3.3Profit: 6.0Value: 9.3Quality: 7.5
Piotroski: 4/9Altman Z: 2.68

ULTA

Buy

55

out of 100

Grade: C-

Growth: 4.7Profit: 7.5Value: 7.3Quality: 6.3
Piotroski: 4/9Altman Z: 3.94
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ASOUndervalued (+23.3%)

Margin of Safety

+23.3%

Fair Value

$77.56

Current Price

$53.33

$24.23 discount

UndervaluedFair: $77.56Overvalued
ULTASignificantly Overvalued (-291.5%)

Margin of Safety

-291.5%

Fair Value

$174.49

Current Price

$526.14

$351.65 premium

UndervaluedFair: $174.49Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ASO3 strengths · Avg: 8.7/10
P/E RatioValuation
9.7x10/10

Attractively priced relative to earnings

PEG RatioValuation
0.608/10

Growing faster than its price suggests

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

ULTA2 strengths · Avg: 10.0/10
Return on EquityProfitability
43.6%10/10

Every $100 of equity generates 44 in profit

Altman Z-ScoreHealth
3.9410/10

Safe zone — low bankruptcy risk

Areas to Watch

ASO3 concerns · Avg: 3.7/10
Revenue GrowthGrowth
2.5%4/10

2.5% revenue growth

EPS GrowthGrowth
4.5%4/10

4.5% earnings growth

Profit MarginProfitability
6.2%3/10

6.2% margin — thin

ULTA3 concerns · Avg: 3.3/10
PEG RatioValuation
2.244/10

Expensive relative to growth rate

Price/BookValuation
8.3x4/10

Trading at 8.3x book value

EPS GrowthGrowth
-5.4%2/10

Earnings declined 5.4%

Comparative Analysis Report

WallStSmart Research

Bull Case : ASO

The strongest argument for ASO centers on P/E Ratio, PEG Ratio, Price/Book. PEG of 0.60 suggests the stock is reasonably priced for its growth.

Bull Case : ULTA

The strongest argument for ULTA centers on Return on Equity, Altman Z-Score. Revenue growth of 11.8% demonstrates continued momentum.

Bear Case : ASO

The primary concerns for ASO are Revenue Growth, EPS Growth, Profit Margin.

Bear Case : ULTA

The primary concerns for ULTA are PEG Ratio, Price/Book, EPS Growth.

Key Dynamics to Monitor

ASO carries more volatility with a beta of 1.21 — expect wider price swings.

ULTA is growing revenue faster at 11.8% — sustainability is the question.

ULTA generates stronger free cash flow (907M), providing more financial flexibility.

Monitor SPECIALTY RETAIL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

ASO scores higher overall (62/100 vs 55/100). Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Academy Sports Outdoors Inc

CONSUMER CYCLICAL · SPECIALTY RETAIL · USA

Academy Sports and Outdoors, Inc., is a retailer of sporting goods and outdoor recreational products in the United States. The company is headquartered in Katy, Texas.

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Ulta Beauty Inc

CONSUMER CYCLICAL · SPECIALTY RETAIL · USA

Ulta Beauty, Inc., formerly known as Ulta Salon, Cosmetics & Fragrance Inc., is an American chain of beauty stores headquartered in Bolingbrook, Illinois. Ulta Beauty carries cosmetics and skincare brands, men's and women's fragrances, nail products, bath and body products, beauty tools and haircare products.

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