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Aritzia Inc (ATZ) Fair Value & Analysis

Consumer Cyclical · CA · Market cap C$17.8B

AI Aritzia Inc ATZ · TO
PriceC$142.80
Fair ValueC$87.26
Upside-38.9%
Quality65/100
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Healthy Growth
Solidly profitable · 10.3% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/13)
Wide moat 69/100
Evidence: High Range C$64.81 – C$109.07 Share as image

Fair value as of: Jul 12, 2026

From 24 valuation models · updated 26 days ago

Fair value updated Jul 12, 2026, revised from C$70.30 to C$87.26 (+24.1%) since Jul 7, 2026. Share price −3.3% over the past month.

A solid business, but screening 39% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (C$109.07). The favourable scenario is already priced in.
  • Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

C$173.20 C$21.02 Fair Value C$87.26 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range C$21.02 – C$173.20 · fair‑value band C$64.81 – C$109.07 · the C$142.80 price screens above the C$87.26 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Aritzia Inc (ATZ) currently trades at C$142.80, while our model-based Fair Value estimate is C$87.26, implying the stock looks roughly 38.9% overvalued today. We read business quality at 65/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Aritzia Inc generated revenue of C$3.7B at a net margin of 10.3%. Revenue grew 32.6% year over year. It earns a return on equity of 31.1%. Net debt stands at C$404M. Fundamentals as of Jul 12, 2026

Our scenario range runs from C$64.81 (bear case) to C$109.07 (bull case); at C$142.80, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades about 12% below its 52-week high and 120% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -45% fair-value upside, at -39%, ATZ screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF C$75.67 C$139.28 C$264.82 80
Rev-Margin DCF C$56.28 C$104.65 C$178.54 74
ROIC Compounder C$41.52 C$54.75 C$71.87 72
All 24 models by family
DCF Models
FCF DCF C$79.72 C$125.76 C$265.98 38
Owner Earnings C$46.76 C$100.10 C$212.06 31
5Y Revenue Exit C$56.28 C$95.02 C$171.76 39
5Y EBITDA Exit C$68.89 C$121.69 C$220.18 41
5Y P/E Exit C$60.02 C$116.41 C$189.50 38
10Y Revenue Exit C$61.30 C$117.07 C$170.14 36
10Y EBITDA Exit C$71.98 C$142.01 C$272.17 37
10Y P/E Exit C$65.66 C$124.46 C$226.38 35
Earnings-Based
Graham-Dodd C$21.73 C$151.53 C$212.65 54
Lynch FV C$48.69 C$69.56 C$90.43 50
PEG = 1.0 C$48.69 C$69.56 C$90.43 46
EPV C$35.97 C$41.14 C$45.66 59
Multiples
P/E Multiple C$47.93 C$63.91 C$79.89 63
P/S Multiple C$40.74 C$54.32 C$67.90 58
P/B Multiple C$25.63 C$34.17 C$42.71 55
EV/EBIT C$64.16 C$83.89 C$103.63 53
EV/EBITDA C$65.18 C$85.26 C$105.33 54
EV/Revenue C$44.86 C$61.97 C$79.07 43
Asset-Based
NCAV (Graham) C$5.69 C$7.63 C$11.39 50
Growth DCF
Growth DCF C$75.67 C$139.28 C$264.82 80
Rev-Margin DCF C$56.28 C$104.65 C$178.54 74
Economic Profit
Residual Income C$22.23 C$30.49 C$210.97 61
ROIC Compounder C$41.52 C$54.75 C$71.87 72
Growth Earnings
Growth-Adj P/E C$63.67 C$90.95 C$118.24 68

Widest divergence: DCF Models (C$117.07) versus Asset-Based (C$7.63). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) C$3.7B
Revenue growth (YoY) +32.6%
Net margin 10.3%
Return on equity 31.1%
Free cash flow C$545M FY2026
P/E ratio 49.3
More key figures
Operating margin 15.4%
EPS (TTM) C$3.20
EPS growth (YoY) +32.8%
Net debt C$404M FY2026

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100

Of which business quality 70 · Market factors (momentum, volatility) 62

Profitability 80
Margins and returns on capital today
Quality Growth 86
Are margins and returns improving?
Cashflow 74
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 24
Disciplined investing over empire-building
Low Volatility 24
Calm price path (market factor)
Momentum 73
Price trend over the last 3–12 months (market factor)
52W Momentum 85
Distance to the 52-week high (market factor)
Net Issuance 53
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Aritzia Inc., together with its subsidiaries, designs, develops, and sells apparels and accessories for women in the United States and Canada.

Full company description

Aritzia Inc., together with its subsidiaries, designs, develops, and sells apparels and accessories for women in the United States and Canada. The company offers activewear, blazers and vests, dresses, intimates and shapewear, jackets and coats, jeans, lounge wears, pants, bodysuits, tanks, shirts and blouses, shorts, skirts, sweaters and cardigans, sweatpants, sweatshirts and hoodies, denim, and sweat suits, as well as t-shirts, and tops. It also provides accessories, such as bags, belts, hats, scarves and ties, and socks; and sweat fleece and shorts; graphics; leggings; and bra tops. The company offers its products under the Aritzia, Fred Segal, Babaton, Wilfred free, Reigning Champ, The Super Puff, Denim Forum, The Group, Golden, Little Moon, Sunday Best, Ten, Tna, Wilfred, Contour, Crepette, Sweatfleece, The Effortless Pant, The Limitless Pant, The Lodge Pant, Everyday Luxury, and HomeStretch brands. It sells its products through digital channels and boutiques. The company was formerly known as Aritzia Capital Corporation and changed its name to Aritzia Inc. in August 2016. Aritzia Inc. was founded in 1984 and is headquartered in Vancouver, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Aritzia Inc reported revenue of C$3.7B in FY2026 versus C$1.5B in FY2022, a compound +25.5%/yr. Reported net income was C$382M in FY2026, compounding +24.9%/yr from FY2022.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
C$3.7B
Latest YoY
+35.2%
Avg. growth/yr (3Y)
+19.0%
Avg. growth/yr (5Y)
+34.0%
Avg. growth/yr (12Y)
+21.0%
Revenue +25.5%/yr
FY22 C$1.5B
FY23 C$2.2B
FY24 C$2.3B
FY25 C$2.7B
FY26 C$3.7B
Net income +24.9%/yr
FY22 C$157M
FY23 C$188M
FY24 C$78.8M
FY25 C$208M
FY26 C$382M

ATZ screens 39% overvalued. Compare with Industria de Diseño Textil, S.A →

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Cite: Fair Value Calculator (2026). "Aritzia Inc Fair Value". https://www.fairvalue-calculator.com/stock/ATZ

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Apparel Retail · 106 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 65 · Top 25%
Fair Value upside −39% · Below median
Return on equity (TTM) 31% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 10% · Top 25%
Operating margin (TTM) 15% · Top 25%
Revenue growth 33% · Top 25%

Valuation Multiples vs Apparel Retail median · lower = cheaper

P/E (TTM) 48.4× · Pricier than 75% of peers
P/B 9.37× · Pricier than 75% of peers
P/S (TTM) 3.44× · Pricier than 75% of peers
P/FCF 23.4× · Pricier than 75% of peers
EV/EBITDA 19.2× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 33
FUTURE 100 · sector 18
PAST 100 · sector 36
HEALTH 100 · sector 100
DIVIDEND 0 · sector 44

VALUE 0: the price sits above our fair-value range.

Insider activity: 30/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Apparel Retail stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Industria de Diseño Textil, S.A 1ITX €58.44 €23.29 -60%
The TJX Companies, Inc TJX $154.46 $84.95 -45%
Fast Retailing Co 6288 HK$40.00 HK$15.37 -62%
Ross Stores, Inc ROST $233.46 $118.41 -49%
Burlington Stores, Inc BURL $327.72 $147.08 -55%
Trent Limited TRENT ₹2,903 ₹709.49 -76%
lululemon athletica inc., LULU $116.33 $299.63 +158%
The Gap, Inc GAP $20.35 $37.12 +82%
Urban Outfitters, Inc URBN $72.95 $92.88 +27%
Boot Barn Holdings BOOT $164.32 $128.55 -22%

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Frequently asked questions

Is Aritzia Inc (ATZ) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of C$87.26 versus a price of C$142.80, about −39% (overvalued).
What is the fair value of ATZ?
Our model-based fair value for Aritzia Inc is C$87.26 (as of Jul 12, 2026), built from audited fundamentals. The current price is C$142.80.
What is the quality score of ATZ?
Aritzia Inc has a Quality Score of 65/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Aritzia Inc (ATZ)?
Aritzia Inc reported trailing-twelve-month revenue of about C$3.7B (latest available figure, as of Jul 12, 2026).
What is the net profit margin of ATZ?
The net profit margin of Aritzia Inc is about 10.3%, meaning it keeps roughly 10.3% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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