Down 25% This Year Is Estée Lauder A Better Pick Over L'Oréal?
LRLCYL'Oreal(LRLCY) Forbes·2024-07-01 18:00

L'Oreal stand is seen on a drugstore in Krakow, Poland on January 26, 2022. (Photo illustration by ... [+] Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Given its attractive valuation, we believe that Estée Lauder stock (NYSE: EL) is currently a better pick over its peer, L’Oréal stock (OTCMKTS: LRLCY). LRLCY stock trades at a higher valuation multiple of 5.7x revenues, versus 2.6x for EL stock. This gap in valuation can partly be attributed to L’Oréal’s superior revenue growth and pro ...