COMPARE · Data as of August 27, 2026
CASY vs ULTA
Verdict: Side-by-side breakdown using the Bull Rankings model. CASY scored 36.4, ULTA scored 69.6 — ULTA leads.
Compare another set
CASY
Casey's General Stores, Inc.
36.4
$763.38 · $28.2B
fundamentals as of
Score gap
33.2
ULTA leads
ULTA
Ulta Beauty, Inc.
69.6
$543.19 · $23.4B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- CheapestULTA20.1x
- Fastest growthULTA+11.3%
- Strongest balance sheetCASY0.74
- Highest qualityULTA84 / 100
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
The model, pillar by pillar (0–100 each)
CASY
stronger →← stronger
ULTA
65
Qualityreturns · margins · balance sheet
84
80
Growthrevenue & earnings expansion
83
9
Valuevaluation vs sector peers
48
ULTA is stronger on 3 of 3 pillars.
Fundamentals, head-to-head
CASY
ULTA
$722mC+
FCF
$1.1bC+
+10.2%B
Rev
+11.3%B
0.74B+
D/E
0.89B
39.9xC
P/E
20.1xB
3.63D
PEG
1.81C+
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
CASY
ULTA
56% above
Price vs fair valuelower is cheaper
5% above
~18%/yr
Growth the price implies10-yr FCF · lower = less priced in
~8%/yr
-42%
1-yr DCF upside
-13%
-36%
5-yr DCF upside
-5%
-25%
10-yr DCF upside
+10%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
CASY
Why this score
- Raising its dividend
ULTA
Why this score
- Buying back stock
- Durable high returns
The companies
CASYCasey's General Stores, Inc.
Why now
Specialty Retail · market cap $28.2b. 18% off the 52-week high of $927.85. Revenue growing +10%, comfortably above the S&P median. 18 sell-side analysts rate this a Buy with a mean 1-yr target of $957.39 (implying +25% upside).
Moat
ROE 18% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. FCF converts 101% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Trailing P/E 40x sits well above the S&P median (~20x) — multiple compression is a real risk if revenue growth decelerates. Net margin 4.1% is thin — operating leverage cuts both ways; input-cost inflation or pricing pressure hits the bottom line first.
ULTAUlta Beauty, Inc.
Why now
Specialty Retail · market cap $23.4b. Down 24% from 52-week high of $714.97 — deep drawdown territory. Revenue growing +11%, comfortably above the S&P median. 24 sell-side analysts rate this a Buy with a mean 1-yr target of $623.42 (implying +15% upside).
Moat
ROE 46% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 95% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Mature compounder — the risk is paying up for quality at a moment when growth is decelerating. Watch for sequential revenue + margin trends; the inflection from "compounder" to "ex-compounder" is hard to spot until the multiple already started compressing.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where CASY and ULTA diverge
On the headline score the gap is 33.2 points in favor of ULTA. The widest single difference is Value, where ULTA leads by 38.9 points.
- ValueCASY 9.2 · ULTA 48.1ULTA +38.9
- QualityCASY 65.4 · ULTA 84.1ULTA +18.7
- GrowthCASY 80.2 · ULTA 83.3ULTA +3.1
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.