ΔE 11.1, fair: the same colour family, but not a straight swap. Elven Flesh is more saturated, warmer than Light Skin Tone.
Only where an exact match doesn’t matter, such as a new unit or a highlight. Fair match (ΔE 11). Elven Flesh is more saturated, warmer than Light Skin Tone.
The same difference applies the other way round: Light Skin Tone is more muted, cooler.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Light Skin Tone on the colour wheel See Elven Flesh on the colour wheel
All matches: Light Skin Tone equivalents · Elven Flesh equivalents