+137%

est. 2Y upside i

Vacation is an award-winning sunscreen company from Miami on a mission to make sunscreen fun. Founded by former advertising execs Lach Hall and Dakota Green.

Rank

#168

Sector

Beauty and Personal Care

Est. Liquidity

~3Y

Data Quality

Data: High

Vacation offers a compelling equity story with ~137% expected 2-year upside, driven by high growth and a small current valuation multiple (5.25x trailing revenue).

Last updated: August 4, 2026

Bull (25%)+317%

Vacation captures the leisure-enhancing sunscreen niche, expands retail distribution, and benefits from an IPO window, leading to an 8x forward revenue multiple on ~$109M revenue. Exit value ~$875M, a 3.2x return.

Base (35%)+160%

Revenue grows to ~$109M and the multiple normalizes to 5x forward sales, yielding an exit value of ~$547M. That is a 1.6x return, assuming minimal dilution.

Bear (40%)+4%

FDA enforcement limits product forms, competition intensifies, and the multiple compresses to 2x forward sales. Exit value ~$219M, just above the $210M entry, barely breaking even for common shareholders.

Est. time to liquidity~3.0 years

Preference Stack Risk

moderate

Funding Intensity

10%

Total preferred liquidation preference of $21.2M against $210M valuation (10% overhang).

Dilution Risk

low

Company is profitable and recently raised $70M, so no imminent need for capital; modest dilution expected.

Secondary Liquidity

moderate

Secondary market exists but limited; recent secondary implied value matches last round at $210M.

Questions to Ask at the Interview

Strategic questions based on Vacation's data — designed to show you've done your homework.

  • 1

    “How does Vacation plan to address FDA regulatory concerns regarding whipped/mousse sunscreen formats?”

  • 2

    “What is the revenue split between DTC and retail partners, and how will retail expansion impact margins?”

  • 3

    “What is the company's runway and expected dilution from future funding rounds?”

Community

Valuation Sentiment

Our model estimates +137% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.