e.l.f. Beauty Inc. (ELF) — RQD Stock Rating Cockpit

The Roarable RQD rating is 69 / C+, labeled "Roarable Hold — Upper Neutral / Watch for Breakout" (per the Roarable RQD rating). Across its five pillars: Fundamental Cash Engine scores 14 of 20 (ROIC 4%; FCF yield 2.85%); Whale 13F Flow scores 17 of 20 (institutional accumulation and options positioning); Insider Conviction scores 12 of 20 (SEC Form 4 and Congressional PTR cluster flow); Macro Regime Fit scores 10 of 20 (Beta 0.91; sector sensitivity); and Forensic Balance Sheet scores 16 of 20 (Altman Z 4.42; Piotroski F 8/9; Debt/Equity 0.42).

For a prospective investor, the strongest pillar is institutional positioning, while the weakest is macro regime fit, which the rating ties to a sub-1 beta and sector sensitivity. The balance sheet pillar reads as the second strongest, supported by the forensic metrics. The fundamental cash engine pillar is moderate: the 4% ROIC and 2.85% FCF yield are modest relative to the valuation shown in market data, where EV/EBITDA is 75. The insider pillar is middling, reflecting mixed signal quality from Form 4 and congressional flow, though the holders section contains no detail to resolve this. The upside driver implied by the rating is continued institutional accumulation paired with balance sheet strength; the valuation tradeoff is that a 75x EV/EBITDA multiple leaves limited room for error if cash generation does not expand. The rating's verdict, a hold with a watch for breakout, suggests the setup is neutral today rather than decisively positive or negative.

e.l.f. Beauty Inc. (ELF) is a NYSE-listed issuer in the Consumer Discretionary sector, within the Package Goods/Cosmetics industry (per the company profile). The source data does not describe its specific products, customer segments, or distribution channels. Per the market data, the company reports a gross margin of 70.7%, an operating margin of 4.5%, and a net margin of 1.6%, which indicates that revenue is generated at a high gross level before operating and other costs are deducted. Revenue growth is visible in the financials, as detailed below.

Revenue rose from $1023.9M in FY 2023 to $1636.5M in FY 2025 (per the SEC financials), while net income declined from $127.7M to $26.3M over the same span. Operating margin is 4.5% and net margin is 1.6% (per the market data), with ROIC at 4%. The Altman Z-Score is 4.42 and the Piotroski F-Score is 8 of 9 (per the Roarable RQD rating). Debt/Equity is 0.42 (per the Roarable RQD rating), and FY 2025 debt of $522.8M sits against cash of $196.8M, down from FY 2023 debt of $857.8M.

The news wire contains six items, all tagged as YELLOW light and MARKET WIRE impact: a Motley Fool comparison of ELF against Monster Beverage, a Yahoo Finance piece on a hypothetical $1000 investment over ten years, a CNN item with a placeholder headline, a Yahoo Finance piece on investor attention, a Motley Fool comparison against Dutch Bros, and a Yahoo Finance piece on the stock declining while the market improved. None of these items contains a specific fundamental event, earnings result, or guidance change in its headline or summary; the summaries are generic. The butterfly supply-chain graph reports no supply-chain links and no proprietary signals (per the Butterfly Supply-Chain Graph). Risk watch items supported by the data include the 75x EV/EBITDA multiple and the decline in net income between FY 2023 and FY 2025. The price was down 2.13% on the reporting date (per the market data).

Per the Butterfly Supply-Chain Graph, supply chain is listed as NONE, with no butterfly links and no proprietary signals. Upstream and downstream dependencies cannot be mapped from the source data. The sector is Consumer Discretionary and the industry is Package Goods/Cosmetics (per the profile), but no sector correlations are provided. A prospective investor should note that no second-order bottleneck can be identified from the supplied material.

• What drove the decline in net income from $127.7M in FY 2023 to $26.3M in FY 2025 despite rising revenue, and is operating income trending in the same direction?
• What are the trailing and forward earnings figures, given that EPS and P/E are not available in source data?
• How does a 75x EV/EBITDA multiple reconcile with a 4% ROIC and 2.85% FCF yield, and what growth is the market pricing in?
• What is the composition and timing of the reported institutional accumulation and insider/Congressional flows underlying the 13F and insider pillar scores?
• Which specific events, if any, sit behind the 52-week range of $48.82 to $123.07, and what catalyst would produce the "breakout" the verdict anticipates?