` Comparison: DTEAF vs ULTA - Alpha Spread

DTEAF
vs
ULTA

Over the past 12 months, DTEAF has underperformed ULTA, delivering a return of -17% compared to the ULTA's +84% growth.

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DTEAF
ULTA
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Valuation Comparison

DTEAF Intrinsic Value
0.6658 USD
Undervaluation 13%
Intrinsic Value
Price
ULTA Intrinsic Value
456.13 USD
Overvaluation 34%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
DAVIDsTEA Inc
OTC:DTEAF
0.5811 USD
Ulta Beauty Inc
NASDAQ:ULTA
690.68 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
DTEAF, ULTA

DTEAF
ULTA
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
DAVIDsTEA Inc
Revenue
Ulta Beauty Inc
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
DTEAF, ULTA

DTEAF
ULTA
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
DAVIDsTEA Inc
OTC:DTEAF
Ulta Beauty Inc
NASDAQ:ULTA
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What is Free Cash Flow?

Gross Margin

DTEAF
48.5%
ULTA
39.2%
LTM 3Y Avg 5Y Avg 10Y Avg
DAVIDsTEA Inc
Ulta Beauty Inc

Operating Margin

DTEAF
1.8%
ULTA
13.1%
LTM 3Y Avg 5Y Avg 10Y Avg
DAVIDsTEA Inc
Ulta Beauty Inc

Net Margin

DTEAF
0.2%
ULTA
9.9%
LTM 3Y Avg 5Y Avg 10Y Avg
DAVIDsTEA Inc
Ulta Beauty Inc

FCF Margin

DTEAF
3.9%
ULTA
8.7%
LTM 3Y Avg 5Y Avg 10Y Avg
DAVIDsTEA Inc
Ulta Beauty Inc

ROE

DTEAF
0.8%
ULTA
47.8%
LTM 3Y Avg 5Y Avg 10Y Avg
DAVIDsTEA Inc
Ulta Beauty Inc

ROA

DTEAF
0.3%
ULTA
18.7%
LTM 3Y Avg 5Y Avg 10Y Avg
DAVIDsTEA Inc
Ulta Beauty Inc

ROIC

DTEAF
4.4%
ULTA
22%
LTM 3Y Avg 5Y Avg 10Y Avg
DAVIDsTEA Inc
Ulta Beauty Inc

ROCE

DTEAF
4.6%
ULTA
36.5%
LTM 3Y Avg 5Y Avg 10Y Avg
DAVIDsTEA Inc
Ulta Beauty Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
DTEAF, ULTA

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Performance Gap
DTEAF, ULTA

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DTEAF
ULTA
Difference
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Performance By Year
DTEAF, ULTA

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DTEAF
ULTA
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