COMPARE · Reviewed July 29, 2026
CHWY vs ULTA
Verdict: Side-by-side breakdown using the Bull Rankings model. CHWY scored 72.7, ULTA scored 75.0 — ULTA leads.
Compare another set
CHWY
Chewy, Inc.
72.7
$23.30 · $9.5B
fundamentals as of
Score gap
2.3
ULTA leads
ULTA
Ulta Beauty, Inc.
75
$508.09 · $21.8B
fundamentals as of
The model, pillar by pillar (0–100 each)
CHWY
stronger →← stronger
ULTA
76
Qualityreturns · margins · balance sheet
84
64
Growthrevenue & earnings expansion
86
80
Valuevaluation vs sector peers
59
ULTA is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
CHWY
ULTA
$585mC+
FCF
$1.1bC+
+6.1%C+
Rev
+11.3%B
1.23B
D/E
0.89B
38.8xC
P/E
19.0xB+
0.44A
PEG
1.67C+
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
CHWY
ULTA
4% above
Price vs fair valuelower is cheaper
0% below
~13%/yr
Growth the price implies10-yr FCF · lower = less priced in
~7%/yr
-22%
1-yr DCF upside
-10%
-4%
5-yr DCF upside
+0%
+28%
10-yr DCF upside
+16%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
CHWY
Why this score
- Durable high returns
ULTA
Why this score
- Buying back stock
- Durable high returns
The companies
CHWYChewy, Inc.
Why now
Internet Retail · market cap $9.5b. Down 46% from 52-week high of $43.50 — deep drawdown territory. PEG 0.44 — paying under fair value for the growth rate. 21 sell-side analysts rate this a Buy with a mean 1-yr target of $31.05 (implying +33% upside).
Moat
ROE 60% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
Down 46% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Beta 1.45 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return. Trailing P/E 39x sits well above the S&P median (~20x) — multiple compression is a real risk if revenue growth decelerates.
ULTAUlta Beauty, Inc.
Why now
Specialty Retail · market cap $21.8b. Down 29% 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 +23% 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.