EL

Estee Lauder Companies, Inc. (TConsumer Defensive / Household & Personal ProductsINTACT

The Estée Lauder Companies Inc. manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. The company provides skin care products, including moisturizers, serums, cleansers, toners, eye care, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as foundations, powders, concealers and setting sprays, lipsticks, lip liners and lip glosses, mascaras, and eyeshadows and eyeliners, as well as compacts, brushes, and other makeup tools. It also offers fragrance products in various forms comprising parfum, eau de parfum, eau de toilette, eau de cologne, and body spray, as well as lotions, creams, powders, candles and soaps; and hair care products, including shampoos, conditioners, styling products, treatment, finishing sprays, and hair color products, as well as sells ancillary products and services. The company provides its products under the La Mer, Jo Malone London, TOM FORD, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, KILIAN PARIS, BALMAIN Beauty, Estée Lauder, Clinique, M·A·C, The Ordinary, Aveda, Bobbi Brown Cosmetics, Too Faced, Dr.Jart+, Bumble and bumble, Smashbox, Darphin Paris, Lab Series, Avestan, Loopha, Origins, NIOD, Aramis, and GLAMGLOW brands. It sells its products through department stores, duty-free retailers, specialty multi retailers, online pure players, upscale perfumeries and pharmacies, and top-tier salons and spas, as well as direct-to-consumer businesses across freestanding stores, and brand websites and third-party online platforms. The Estée Lauder Companies Inc. was founded in 1946 and is based in New York, New York.

Share Price
$97.12
52W: $66.22 - $121.64
DCF Fair Value
$115.98
+16.3%
P/E (TTM)
190.4x
ROIC
8%
Operating Margin
7%
FCF Yield
5.2%
Debt / Equity
2.43x
Piotroski Score
8/9
Altman Z-Score
3.53
Market Cap
$35.1B

Price vs. Intrinsic Value Corridor

Modest Value ($97.12 vs $115.98 DCF)

Historical market price overlaid against conservative DCF Fair Value & Benjamin Graham Margin of Safety bands.

Period Return (1Y)
()
Period Range
$ - $
DCF Fair Value
$115.98
MOS Buy Target (-25%)
$86.99
Valuation Overlays:

2-Stage Discounted Cash Flow (DCF) Workbench

Conservative intrinsic value model based on owner cash generation over a 10-year investment horizon. Opens with LocalAlpha's baseline assumptions (matching the fair value shown above) — adjust any input to stress-test.

Current Market Price
$97.12
DCF Fair Value
$116.11
+16.4%
$1,812M
$100M$1,812M (Reported)$50,000M
5.3%
-5%10% (Target)35%
4.5%
0%5%20%
9.0%
6%9% (Standard)15% (High Risk)
2.5%
1% (GDP Floor)2.5% (Inflation)4.0%
$5,700M
-$100B CashBalance Sheet+$150B Debt
10-Yr PV of Cash Flows
$14.9B
PV of Terminal Value
$19.5B
Implied Enterprise Value
$34.4B
Implied Equity Value
$28.7B
YearYr 1Yr 2Yr 3Yr 4Yr 5Yr 6Yr 7Yr 8Yr 9Yr 10
Projected FCF ($M)$1,908$2,009$2,116$2,228$2,346$2,451$2,562$2,677$2,797$2,923
Present Value (PV)$1,750$1,691$1,634$1,578$1,525$1,462$1,401$1,344$1,288$1,235

Benjamin Graham & Buffett Value Models

Classical deep value metrics based on asset backing, normalized earnings power, and owner cash yield.

Graham Number-783.7% Premium
$10.99

Calculated as √(22.5 × EPS × BVPS). The maximum theoretical price a defensive investor should pay based purely on asset book value and current earnings.

EPS: $0.51BVPS: $10.52
Revised Graham Formula-1159.7% Premium
$7.71

Formula: V = (EPS × (8.5 + 2g) × 4.4) / Y where g is the conservative 7-10 yr growth rate and Y is AAA Bond Yield.

Buffett Owner Earnings7.2% Yield
$6.97 / share

True distributable cash flow: Net Income + D&A - Maintenance CapEx. Reflects the cash Buffett would extract without hurting unit volume.

Total: $1.7BYield: 7.2%

Reverse DCF: Market Growth Expectation

EXTREMELY LOW BARRIER
0.2% CAGR (Next 10 Yrs)

At the current price of $97.12, the market is assuming the business will compound Free Cash Flow at 0.2% per year for the next decade with a 9% hurdle rate.

Value Investor Verdict
✓ Low market hurdle: Easy for a wide-moat compounder to beat.
Autonomous Thesis Underwriting

Surveil EL with Mathematical Margin of Safety Rules

Set non-negotiable floor rules for Estee Lauder Companies, Inc. (T. If a newly filed quarterly 10-Q breaks your ROIC floor, operating margin boundary, or balance sheet leverage rules, receive an autonomous breach audit within 15 minutes.

Buffett Quality

ROIC > 15% • Margin > 15% • D/E < 0.5x

Margin Floor Guard

Current Margin 7% • Floor > 10%

Solvency Guard

Altman-Z > 2.6 • Current Ratio > 1.5x

Frequently Asked Questions: Estee Lauder Companies, Inc. (T (EL) Intrinsic Valuation

Audited fundamentals, DCF intrinsic value sensitivity, and thesis break detection parameters for Estee Lauder Companies, Inc. (T.

Based on institutional multi-stage Discounted Cash Flow (DCF) modeling on audited SEC cash flows, Estee Lauder Companies, Inc. (T has an estimated DCF intrinsic fair value of $115.98 per share compared to its current market price of $97.12. This represents an estimated 16.3% margin of safety (trading below fair value). Additionally, its classic Benjamin Graham Number stands at $10.99.

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