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lululemon athletica inc., (L1UL34) Fair Value & Analysis

Consumer Cyclical · BR · Market cap R$69.7B

LA lululemon athletica inc., L1UL34 · SA
PriceR$148.65
Fair ValueR$79.05
Upside-46.8%
Quality53/100
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Evidence: High Range R$50.19 – R$97.77 📤 Share as image

Fair value as of: Jul 13, 2026

From 24 valuation models · updated 10 days ago

Share price +2.0% over the past month.

Price vs Fair Value (12 months)

R$318.40 R$135.65 Fair Value R$79.05 Jul 2025 Jul 2026

12‑month range R$135.65 – R$318.40 · fair‑value band R$50.19 – R$97.77 · the R$148.65 price screens above the R$79.05 fair value. As of Jul 13, 2026.

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Analysis

lululemon athletica inc., (L1UL34) currently trades at R$148.65, while our model-based Fair Value estimate is R$79.05, implying the stock looks roughly 46.8% overvalued today. We read business quality at 53/100 (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, lululemon athletica inc., generated revenue of R$11.2B at a net margin of 13.0%. Revenue grew 4.3% year over year. It earns a return on equity of 32.0%. The stock trades on a trailing P/E of 9.0. Fundamentals as of Jul 13, 2026

Our scenario range runs from R$50.19 (bear case) to R$97.77 (bull case); at R$148.65, the current price sits above that range. The share trades about 59% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -45% fair-value upside, at -47%, L1UL34 screens richer than that median.

Key figures & financial health

Revenue (TTM) R$11.2B
Revenue growth (YoY) +4.3%
Net margin 13.0%
Return on equity 32.0%
Free cash flow R$922M FY2026
P/E ratio 9.6
More key figures
Operating margin 11.2%
EPS (TTM) R$15.99
EPS growth (YoY) -34.4%

Figures from reported company fundamentals (EODHD) · as of Jul 13, 2026. TTM = trailing twelve months.

About the company

lululemon athletica inc., together with its subsidiaries, designs, distributes, and retails technical athletic apparel, footwear, and accessories for women and men under the lululemon brand in the United States, Canada, Mexico, China, Hong Kong, Taiwan, Macau, Greece, and internationally. It offers pants, shorts, tops, and jackets for athletic activities, such as yoga, running, training, and other activities. The company also provides fitness-inspired accessories. It sells its products through company-operated stores; seasonal stores, pop-ups, university campus retailers, and yoga and fitness studios; outlets; Like New, a re-commerce program; and its e-commerce website. The company was founded in 1998 and is based in Vancouver, Canada.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

lululemon athletica inc., reported revenue of R$11.1B in FY2026 versus R$6.3B in FY2022, a compound +15.4%/yr. Reported net income was R$1.6B in FY2026, compounding +12.8%/yr from FY2022.

Revenue +15.4%/yr
FY22 R$6.3B
FY23 R$8.1B
FY24 R$9.6B
FY25 R$10.6B
FY26 R$11.1B
Net income +12.8%/yr
FY22 R$975M
FY23 R$855M
FY24 R$1.6B
FY25 R$1.8B
FY26 R$1.6B

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Cite: Fair Value Calculator (2026). "lululemon athletica inc., Fair Value". https://www.fairvalue-calculator.com/stock/L1UL34

Recent news

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

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10 more Apparel Retail stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

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The Gap, Inc GAP $21.10 $26.49 +26%
Urban Outfitters, Inc URBN $72.75 $97.97 +35%

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Frequently asked questions

Is lululemon athletica inc., (L1UL34) undervalued?
As of Jul 13, 2026, our model estimates a fair value of R$79.05 versus a price of R$148.65, about −47% (overvalued). Model-based estimate, not financial advice.
What is the fair value of L1UL34?
Our model-based fair value for lululemon athletica inc., is R$79.05 (as of Jul 13, 2026), built from audited fundamentals. The current price is R$148.65.
What is the quality score of L1UL34?
lululemon athletica inc., has a Quality Score of 53/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of lululemon athletica inc., (L1UL34)?
lululemon athletica inc., reported trailing-twelve-month revenue of about R$11.2B (latest available figure, as of Jul 13, 2026).
What is the net profit margin of L1UL34?
The net profit margin of lululemon athletica inc., is about 13.0%, meaning it keeps roughly 13.0% 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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