WallStSmart

Murphy USA Inc (MUSA)vsUlta Beauty Inc (ULTA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Murphy USA Inc generates 37% more annual revenue ($17.02B vs $12.39B). ULTA leads profitability with a 9.3% profit margin vs 2.8%. MUSA appears more attractively valued with a PEG of 1.51. ULTA earns a higher WallStSmart Score of 55/100 (C-).

MUSA

Buy

54

out of 100

Grade: C-

Growth: 4.0Profit: 7.0Value: 9.3Quality: 4.5
Piotroski: 3/9Altman Z: 5.89

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

MUSAUndervalued (+20.0%)

Margin of Safety

+20.0%

Fair Value

$476.41

Current Price

$477.36

$0.95 discount

UndervaluedFair: $476.41Overvalued
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

MUSA2 strengths · Avg: 10.0/10
Return on EquityProfitability
64.3%10/10

Every $100 of equity generates 64 in profit

Altman Z-ScoreHealth
5.8910/10

Safe zone — low bankruptcy risk

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

MUSA4 concerns · Avg: 3.8/10
PEG RatioValuation
1.514/10

Expensive relative to growth rate

Price/BookValuation
14.2x4/10

Trading at 14.2x book value

Revenue GrowthGrowth
0.2%4/10

0.2% revenue growth

Profit MarginProfitability
2.8%3/10

2.8% 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 : MUSA

The strongest argument for MUSA centers on Return on Equity, Altman Z-Score.

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 : MUSA

The primary concerns for MUSA are PEG Ratio, Price/Book, Revenue Growth. Debt-to-equity of 5.22 is elevated, increasing financial risk. Thin 2.8% 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

ULTA carries more volatility with a beta of 0.85 — 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

ULTA scores higher overall (55/100 vs 54/100) and 11.8% revenue growth. MUSA offers better value entry with a 20.0% 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.

Murphy USA Inc

CONSUMER CYCLICAL · SPECIALTY RETAIL · USA

Murphy USA Inc. is engaged in the marketing of retail motor fuel products and convenience merchandise. The company is headquartered in El Dorado, Arkansas.

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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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