WallStSmart

Caseys General Stores Inc (CASY)vsUlta Beauty Inc (ULTA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Caseys General Stores Inc generates 37% more annual revenue ($16.98B vs $12.39B). ULTA leads profitability with a 9.3% profit margin vs 3.8%. CASY appears more attractively valued with a PEG of 2.05. ULTA earns a higher WallStSmart Score of 55/100 (C-).

CASY

Buy

53

out of 100

Grade: C-

Growth: 8.7Profit: 5.5Value: 9.3Quality: 6.3
Piotroski: 4/9Altman Z: 3.19

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

CASYUndervalued (+20.5%)

Margin of Safety

+20.5%

Fair Value

$816.19

Current Price

$659.63

$156.56 discount

UndervaluedFair: $816.19Overvalued
ULTASignificantly Overvalued (-291.9%)

Margin of Safety

-291.9%

Fair Value

$174.28

Current Price

$529.97

$355.69 premium

UndervaluedFair: $174.28Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CASY3 strengths · Avg: 9.3/10
Revenue GrowthGrowth
30.0%10/10

Revenue surging 30.0% year-over-year

Altman Z-ScoreHealth
3.1910/10

Safe zone — low bankruptcy risk

EPS GrowthGrowth
49.8%8/10

Earnings expanding 49.8% YoY

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

CASY4 concerns · Avg: 3.5/10
PEG RatioValuation
2.054/10

Expensive relative to growth rate

P/E RatioValuation
38.6x4/10

Premium valuation, high expectations priced in

Profit MarginProfitability
3.8%3/10

3.8% margin — thin

Operating MarginProfitability
5.0%3/10

Operating margin of 5.0%

ULTA3 concerns · Avg: 3.3/10
PEG RatioValuation
2.274/10

Expensive relative to growth rate

Price/BookValuation
8.4x4/10

Trading at 8.4x book value

EPS GrowthGrowth
-5.4%2/10

Earnings declined 5.4%

Comparative Analysis Report

WallStSmart Research

Bull Case : CASY

The strongest argument for CASY centers on Revenue Growth, Altman Z-Score, EPS Growth. Revenue growth of 30.0% demonstrates continued momentum.

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 : CASY

The primary concerns for CASY are PEG Ratio, P/E Ratio, Profit Margin. Thin 3.8% margins leave little buffer for downturns.

Bear Case : ULTA

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

Key Dynamics to Monitor

CASY profiles as a growth stock while ULTA is a value play — different risk/reward profiles.

ULTA carries more volatility with a beta of 0.85 — expect wider price swings.

CASY is growing revenue faster at 30.0% — sustainability is the question.

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

Bottom Line

ULTA scores higher overall (55/100 vs 53/100) and 11.8% revenue growth. CASY offers better value entry with a 20.5% margin of safety. 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.

Caseys General Stores Inc

CONSUMER CYCLICAL · SPECIALTY RETAIL · USA

Casey's General Stores, Inc., operates convenience stores under the names Casey's and Casey's General Store. The company is headquartered in Ankeny, Iowa.

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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