EL Estée Lauder Companies (The)
too hard · 40
Owner-earnings value$16.46
Price$90.19
Margin of safety
-81.8%
Quality gate · 40/100
⚠ sub-hurdle returns (median roic 5% < 9%)
Median ROIC5.3%
Gross margin75.5%
Net debt / EBITDA3.5x
FCF conversion420%
Share count / yr+0.4%
Profitable years3/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 521.00M |
| Owner-earnings yield | 1.6% |
| Free-cash-flow yield | 4.0% |
| Growth used (normalized) | 0.0% |
| Market-implied growth (reverse DCF) | 25.0% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 11.0% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 521.00M | 0.0% | 469.50M |
| 2 | 522.74M | 0.3% | 424.49M |
| 3 | 526.22M | 0.7% | 385.08M |
| 4 | 531.48M | 1.0% | 350.48M |
| 5 | 538.57M | 1.3% | 320.05M |
| 6 | 547.55M | 1.7% | 293.22M |
| 7 | 558.50M | 2.0% | 269.51M |
| 8 | 571.53M | 2.3% | 248.54M |
| 9 | 586.77M | 2.7% | 229.94M |
| 10 | 604.37M | 3.0% | 213.43M |
⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Price pays for ~25%/yr owner-earnings growth over 10y (reverse DCF); model credits 0%.