ELF vs. PEN
ELF (e.l.f. Beauty, Inc.) and PEN (Penumbra, Inc.) are both stocks. ELF operates in Household & Personal Products (Consumer Defensive), while PEN operates in Medical Devices (Healthcare). Over the past 5 years, ELF returned 24.59%/yr vs 3.82%/yr for PEN. Their 0.21 correlation means their historical movements had little consistent relationship.
Performance
ELF vs. PEN - Performance Comparison
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Returns By Period
In the year-to-date period, ELF achieves a 9.01% return, which is significantly higher than PEN's 3.31% return.
ELF
- 1D
- 0.77%
- 1M
- 8.47%
- 6M
- -2.47%
- YTD
- 9.01%
- 1Y
- -28.80%
- 3Y*
- -10.73%
- 5Y*
- 24.59%
- 10Y*
- —
- ALL TIME*
- 13.40%
PEN
- 1D
- 0.43%
- 1M
- 0.82%
- 6M
- -10.32%
- YTD
- 3.31%
- 1Y
- 32.17%
- 3Y*
- 2.49%
- 5Y*
- 3.82%
- 10Y*
- 16.73%
- ALL TIME*
- 21.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $178.41M | $180.75M | $221.10M | |
| $134.82M | $123.94M | $132.27M |
ELF vs. PEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ELF e.l.f. Beauty, Inc. | 9.01% | -39.43% | -13.02% | 161.01% | 66.52% | 31.84% | 56.17% | 86.26% | -61.18% | -22.91% |
PEN Penumbra, Inc. | 3.31% | 30.92% | -5.59% | 13.07% | -22.57% | 64.18% | 6.53% | 34.43% | 29.86% | 47.49% |
Correlation
The correlation between ELF and PEN is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.15 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2016 | 0.21 |
The correlation between ELF and PEN shifts across timeframes, from 0.12 (1 year) to 0.24 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ELF:
$4.89B
PEN:
$12.63B
ELF:
$0.44
PEN:
$4.07
ELF:
188.69
PEN:
78.91
ELF:
4.21
PEN:
0.12
ELF:
3.03
PEN:
8.42
ELF:
4.39
PEN:
8.30
ELF:
$1.64B
PEN:
$1.50B
ELF:
$1.16B
PEN:
$1.02B
ELF:
$185.47M
PEN:
$210.86M
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Return for Risk
ELF vs. PEN — Risk / Return Rank
ELF
PEN
ELF vs. PEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for e.l.f. Beauty, Inc. (ELF) and Penumbra, Inc. (PEN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ELF | PEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -2.07 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.26 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 1.28 | -1.76 |
| Martin ratioReturn relative to average drawdown | -0.73 | 3.26 | -3.99 |
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Drawdowns
ELF vs. PEN - Drawdown Comparison
The maximum ELF drawdown since its inception was -77.26%, which is greater than PEN's maximum drawdown of -62.64%. Use the drawdown chart below to compare losses from any high point for ELF and PEN.
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Drawdown Indicators
| ELF | PEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.26% | -62.64% | -14.62% |
Max Drawdown (1Y)Largest decline over 1 year | -66.20% | -21.44% | -44.76% |
Max Drawdown (3Y)Largest decline over 3 years | -77.26% | -45.46% | -31.80% |
Max Drawdown (5Y)Largest decline over 5 years | -77.26% | -60.14% | -17.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.64% | — |
Current DrawdownCurrent decline from peak | -61.98% | -10.63% | -51.35% |
Average DrawdownAverage peak-to-trough decline | -32.87% | -17.49% | -15.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 43.58% | 8.43% | +35.15% |
Volatility
ELF vs. PEN - Volatility Comparison
e.l.f. Beauty, Inc. (ELF) has a higher volatility of 15.57% compared to Penumbra, Inc. (PEN) at 1.76%. This indicates that ELF's price experiences larger fluctuations and is considered to be riskier than PEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ELF | PEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.57% | 1.76% | +13.81% |
Volatility (6M)Calculated over the trailing 6-month period | 45.42% | 7.28% | +38.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.93% | 30.76% | +37.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.93% | 40.87% | +17.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.30% | 41.27% | +14.03% |
Dividends
ELF vs. PEN - Dividend Comparison
Neither ELF nor PEN has paid dividends to shareholders.
Financials
ELF vs. PEN - Financials Comparison
This section allows you to compare key financial metrics between e.l.f. Beauty, Inc. and Penumbra, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ELF vs. PEN - Profitability Comparison
ELF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, e.l.f. Beauty, Inc. reported a gross profit of 326.45M and revenue of 449.29M. Therefore, the gross margin over that period was 72.7%.
PEN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Penumbra, Inc. reported a gross profit of 264.94M and revenue of 390.05M. Therefore, the gross margin over that period was 67.9%.
ELF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, e.l.f. Beauty, Inc. reported an operating income of 7.32M and revenue of 449.29M, resulting in an operating margin of 1.6%.
PEN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Penumbra, Inc. reported an operating income of 41.04M and revenue of 390.05M, resulting in an operating margin of 10.5%.
ELF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, e.l.f. Beauty, Inc. reported a net income of -49.37M and revenue of 449.29M, resulting in a net margin of -11.0%.
PEN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Penumbra, Inc. reported a net income of 34.81M and revenue of 390.05M, resulting in a net margin of 8.9%.
Frequently Asked Questions
ELF and PEN have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ELF has higher volatility (15.57%) compared to PEN (1.76%). In terms of maximum drawdown, ELF dropped -77.26% vs PEN's -62.64%.
PEN currently has the higher Sharpe Ratio (0.89 vs -0.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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