COMPARE · Reviewed August 3, 2026
TPR vs ULTA
Verdict: Side-by-side breakdown using the Bull Rankings model. TPR scored 68.4, ULTA scored 71.4 — ULTA leads.
Compare another set
TPR
Tapestry, Inc.
68.4
$156.31 · $31.6B
fundamentals as of
Score gap
3.0
ULTA leads
ULTA
Ulta Beauty, Inc.
71.4
$543.28 · $23.4B
fundamentals as of
The model, pillar by pillar (0–100 each)
TPR
stronger →← stronger
ULTA
80
Qualityreturns · margins · balance sheet
84
76
Growthrevenue & earnings expansion
86
53
Valuevaluation vs sector peers
51
ULTA is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
TPR
ULTA
$1.8bC+
FCF
$1.1bC+
+14.1%B+
Rev
+11.3%B
5.75D
D/E
0.89B
47.7xD
P/E
20.4xB
0.31A
PEG
1.78C+
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
TPR
ULTA
38% above
Price vs fair valuelower is cheaper
4% above
~16%/yr
Growth the price implies10-yr FCF · lower = less priced in
~8%/yr
-35%
1-yr DCF upside
-13%
-27%
5-yr DCF upside
-4%
-16%
10-yr DCF upside
+11%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
TPR
Why this score
- Buying back stock
- Raising its dividend
ULTA
Why this score
- Buying back stock
- Durable high returns
The companies
TPRTapestry, Inc.
Why now
Luxury Goods · market cap $31.6b. 3% off the 52-week high of $161.97. Revenue growing +14%, comfortably above the S&P median. PEG 0.31 — paying under fair value for the growth rate. 20 sell-side analysts rate this a Buy with a mean 1-yr target of $167.15 (implying +7% upside).
Moat
ROE 97% — 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
D/E 5.75 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Beta 1.46 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 48x 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 $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.