Quality Investor

Olaplex Holdings Inc

Rank #353Startup

OLPX · Nasdaq · Consumer Cyclical

Olaplex Holdings Inc (OLPX) — Rank #353 by gross profitability (GP/assets 0.20) · ROE -1.1% · Piotroski F-Score 5 / 9.

As-of 2026-09-15 · CIK 0001868726 · all metrics point-in-time as of the filing date.

About

Olaplex Holdings, Inc., through its subsidiaries, develops, manufactures, and sells haircare products in the United States and internationally.

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The company offers hair care shampoos and conditioners for use in treatment, maintenance, and protection of hair, as well as oil, moisture mask, and nourishing hair serum. It also provides in-salon services for repairing and shaping curls. The company distributes its products through professional distributors in salons, directly to retailers for sale in their physical stores, e-commerce sites, and its website, as well as third party e-commerce platforms. Olaplex Holdings, Inc.

was founded in 2014 and is based in New York, New York. As of July 7, 2026, Olaplex Holdings, Inc. operates as a subsidiary of Henkel US Operations Corporation.

Industry
Specialty Retail
Sector
Consumer Cyclical
State
DE
Filer Category
Accelerated filer
Fiscal Year End
December 31

Price History

OLPX+0.0% · +0.0% CAGRSPY+0.2% · +10.3% CAGR

Company Snapshot

P/S is the primary valuation lens for pre-profit companies.

Market Cap

$1.39B

P/E (annual)

P/S (annual)

3.3

P/B

1.6

P/OCF (annual)

23.7

Shareholder Yield

-0.2%

Employees

278

Industry

Specialty Retail

Exchange

Nasdaq

Signal Flags

3 green1 red
Revenue growth acceleratingGrowth rate increasing year over year
Deferred revenue growingRevenue and deferred revenue both growing — retention signal
Sequential beat (rev + EPS)Both revenue and EPS exceeded prior quarter — 1-quarter streak
Operating margin decliningOperating margin lower than prior year

Quality Profile

Profitability

1/1 pass
GP / assets
0.20
Return on equity
-1.1%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.66
Current ratio
6.27×
Net cash
-$26.32M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
3.1%

Growth

2/2 pass
Revenue growth
0.1%
Piotroski F-Score
5 / 9
Share dilution
0.2%

Terry Smith quality gate

Passes 1/5 Terry Smith thresholds

2 of 5 thresholds not computable from filed data.

What Growth Is Priced In

Implied revenue growth (10Y)

10.0%

incredible deal

The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).

Dilution drag: 0.2% — per-share value needs a total required return of 10.2% once share-count change is priced in.

vs. own 6-year median revenue growth: 8.9%

within its own history

Cost-of-equity sensitivity (implied growth at different discount rates)

r = 8%

5.6%

r = 10% (base)

10.0%

r = 12%

13.8%

Net debt / market cap: 1.9%

Base FCF: $58.3M3Y mean FCF: $125.8M

Burn rate (cash flow) is the primary read at this stage — TAM and product-market fit aren't metrics this dashboard tracks.

Profitability

Gross profitability (GP / assets)

0.20

Primary signal (Novy-Marx).

36th pctl of 34 SIC 28 peers

Return on equity

-1.1%

Gross margin

69.4%

73rd pctl of 34 SIC 28 peers

Revenue growth (YoY)

0.1%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

-15.6%

Revenue CAGR (5Y)

8.4%

Earnings CAGR (3Y)

FCF CAGR (3Y)

-38.8%

Anti-fragile safety

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.66

60th pctl of 31 SIC 28 peers (best = lowest)

Current ratio

6.27×

94th pctl of 34 SIC 28 peers

Quick ratio

5.11×

Net cash

-$26.32M

Cash & equivalents minus total debt.

Cash-flow health

Free cash flow

$58.33M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF / net income

7.30

Cash-backing of earnings.

FCF/NI divergence

Unfavorable divergence (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

3.1%

Stock-based comp intensity.

Piotroski F-Score

F-Score

5 / 9

Fundamental-strength score (0-9).

Lifecycle Phase History

20202025
Hypergrowth
Op. Leverage
Decline
Startup