WallStSmart
EWCZ

European Wax Center Inc

NASDAQ: EWCZ · CONSUMER DEFENSIVE · HOUSEHOLD & PERSONAL PRODUCTS

$5.80
+0.00% today

Updated 2026-04-30

Market cap
$257.70M
P/E ratio
29.10
P/S ratio
1.25x
EPS (TTM)
$0.20
Dividend yield
52W range
$3 – $7
Volume
0.6M

European Wax Center Inc (EWCZ) Stock Valuation Analysis

Fair value estimate, historical valuation range, and quality signals for EWCZ.

WallStSmart Verdict
Overvalued

Current price exceeds what fundamentals support. Risk/reward skewed unfavorably.

Smart Value Score: 48 / 100
P/E (TTM)
29.1x
vs 5Y median of 29.6x
PEG
Margin of Safety
+53.53%
Fair value $12.31 vs $5.80
EV / EBITDA
0.0x

EWCZ historical valuation range

Where current P/E sits in EWCZ's own 5Y range.

NOW
15.1x
5Y Low
29.1x
25th
29.6x
Median
70.2x
75th
172.7x
5Y High
EWCZ is trading cheaper than 60% of the last 5Y.
40th percentile · Below median

EWCZ intrinsic value (DCF)

DCF-based fair value estimate vs current market price.

Current price
$5.80
Market value
Intrinsic value
$12.31
DCF estimate
Margin of safety
+53.53%
+112.2% upside to fair value

Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.

EWCZ valuation signals

Quick-read green flags, caution flags, and risks based on current metrics.

!
P/E in mid-range
P/E sits at the 40th percentile of the 5Y range. Neither cheap nor rich historically.
Strong margin of safety
Current price 53.5% below DCF intrinsic value estimate. Meaningful downside cushion.
Weak financial quality
Piotroski F-Score of 0/9 suggests deteriorating fundamentals. Valuation requires closer scrutiny.

P/E Ratio — History

Current: 29.10x

P/S Ratio — History

Current: 1.25x

Is EWCZ overvalued in 2026?

European Wax Center Inc (EWCZ) currently trades at $5.80 per share with a market capitalization of $257,696,000.00. Based on our multi-factor framework, the stock appears richly valued with a Smart Value Score of 48/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.

The stock trades at a P/E ratio of 29.1x, below its 5-year median of 29.6x.

Looking at its own history, EWCZ is currently trading cheaper than 60% of the last 5Y on P/E. This places it in the 40th percentile of its historical range, a reasonable but unremarkable position.

Our discounted cash flow model estimates EWCZ's intrinsic value at $12.31 per share, against the current market price of $5.80. This implies a margin of safety of +53.53%. A meaningful cushion exists against model error, making this a reasonable risk-adjusted entry.

Financial quality is a concern. The Piotroski F-Score of 0/9 flags weakening fundamentals that deserve closer scrutiny before the valuation case can be fully trusted.

Bottom line: EWCZ appears richly valued on our framework, with a Smart Value Score of 48/100. At current levels the risk/reward is skewed against the buyer. A materially lower price or significant operational improvement would be needed to change the picture.

Frequently asked questions

Is EWCZ overvalued in 2026?

Based on a Smart Value Score of 48/100, EWCZ appears overvalued. Current price exceeds what fundamentals currently justify.

What is EWCZ's fair value?

Our DCF model estimates EWCZ's intrinsic value at $12.31 per share, versus the current price of $5.80. This produces a margin of safety of +53.53%.

What P/E ratio does EWCZ trade at?

EWCZ trades at a P/E of 29.1x on trailing twelve-month earnings, compared to its 5-year median of 29.6x.

Is EWCZ a buy based on valuation?

WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 48/100 reflects the combined read on growth, quality, and price. The profile skews cautious. Consider waiting for a better price or clearer operational improvement.

How does EWCZ's valuation compare to its history?

On P/E, EWCZ currently sits in the 40th percentile of its own 5Y range. That is below its long-run median relative to where it has traded over the period.

What is EWCZ's Smart Value Score?

EWCZ's Smart Value Score is 48/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.