Value Investing

Vladimir Dimitrov, CFA

I am a former strategy consultant with heavy exposure to business and intangible assets valuation. Throughout my career I have been focused on solving complex business problems through the lens of the overall business strategy and by incorporating a set of valuation and financial modelling techniques.

In my spare time I have been exploring the concept of value investing and in particular finding companies with sustainable competitive advantages that also trade below their intrinsic value. In addition to my bottom-up approach of individual equities I also take a more holistic view of the markets through factor investing techniques.

Equity Bottom-Up

<ul>
<li>e.l.f. Beauty's operating profitability is at a significant risk, even though the company's valuation is suggesting otherwise.</li>
<li>Topline growth accelerated over the past year on the back of recent acquisitions and a jump in retail sales, but this is likely to change.</li>
<li>At the same time insider selling activity is accelerating which confirms that 2022 might prove to be a challenging period for the company.</li>
</ul>


e.l.f. Beauty's operating profitability is at a significant risk, even though the company's valuation is suggesting otherwise.
Topline growth accelerated over the past year on the back of recent acquisitions and a jump in retail sales, but this is likely to change.
At the same time insider selling activity is accelerating which confirms that 2022 might prove to be a challenging period for the company.


e.l.f. Beauty: Both Profitability And Topline Growth Are At Risk

elf Beauty Inc

e.l.f. Beauty: Both Profitability And Topline Growth Are At Risk