WallStSmart

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

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Smart Verdict

WallStSmart Research — data-driven comparison

Ulta Beauty Inc generates 107% more annual revenue ($12.71B vs $6.14B). ULTA leads profitability with a 9.4% profit margin vs 6.2%. ASO appears more attractively valued with a PEG of 0.63. ASO earns a higher WallStSmart Score of 68/100 (B-).

ASO

Strong Buy

68

out of 100

Grade: B-

Growth: 5.3Profit: 6.0Value: 6.7Quality: 6.5
Piotroski: 5/9Altman Z: 2.60

ULTA

Buy

63

out of 100

Grade: C+

Growth: 6.7Profit: 8.0Value: 4.7Quality: 6.0
Piotroski: 3/9Altman Z: 3.41
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ASOSignificantly Overvalued (-57.9%)

Margin of Safety

-57.9%

Fair Value

$37.65

Current Price

$51.75

$14.10 premium

UndervaluedFair: $37.65Overvalued
ULTASignificantly Overvalued (-23.0%)

Margin of Safety

-23.0%

Fair Value

$555.27

Current Price

$467.07

$88.20 premium

UndervaluedFair: $555.27Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ASO3 strengths · Avg: 8.7/10
P/E RatioValuation
9.0x10/10

Attractively priced relative to earnings

PEG RatioValuation
0.638/10

Growing faster than its price suggests

Price/BookValuation
1.5x8/10

Reasonable price relative to book value

ULTA3 strengths · Avg: 9.3/10
Return on EquityProfitability
46.1%10/10

Every $100 of equity generates 46 in profit

Altman Z-ScoreHealth
3.4110/10

Safe zone — low bankruptcy risk

P/E RatioValuation
17.5x8/10

Attractively priced relative to earnings

Areas to Watch

ASO1 concerns · Avg: 3.0/10
Profit MarginProfitability
6.2%3/10

6.2% margin — thin

ULTA2 concerns · Avg: 3.5/10
PEG RatioValuation
1.624/10

Expensive relative to growth rate

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : ASO

The strongest argument for ASO centers on P/E Ratio, PEG Ratio, Price/Book. PEG of 0.63 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, P/E Ratio. Revenue growth of 11.1% demonstrates continued momentum.

Bear Case : ASO

The primary concerns for ASO are Profit Margin.

Bear Case : ULTA

The primary concerns for ULTA are PEG Ratio, Piotroski F-Score.

Key Dynamics to Monitor

ASO carries more volatility with a beta of 1.03 — expect wider price swings.

ULTA is growing revenue faster at 11.1% — sustainability is the question.

ULTA generates stronger free cash flow (204M), providing more financial flexibility.

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

Bottom Line

ASO scores higher overall (68/100 vs 63/100). Both earn "Strong 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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