Lyft Inc
NASDAQ:LYFT
Intrinsic Value
Lyft, Inc. engages in the provision and management of an online social rideshare community platform. [ Read More ]
The intrinsic value of one LYFT stock under the Base Case scenario is 17.67 USD. Compared to the current market price of 19.35 USD, Lyft Inc is Overvalued by 9%.
Valuation Backtest
Lyft Inc
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Fundamental Analysis
Lyft Projects Continued Growth and Profitability
2023-Q4 Earnings Call
Lyft delivered a promising performance with 191 million rides and 22.4 million active riders in the fourth quarter. Ride frequency and gross bookings grew with a year-over-year increase of 26% and 17%, respectively, driving revenues up by 4% to over $1.2 billion. Operating expenses decreased significantly by 35% due to cost restructuring, resulting in an adjusted EBITDA of $67 million. With improved efficiencies, they expect a 15-18% rise in gross bookings and a 20% increase in rides for Q1, targeting an adjusted EBITDA of $50-55 million. For 2024, Lyft anticipates a continuation of healthy market trends, projecting mid-teen ride growth, a gross bookings boost, an adjusted EBITDA margin expansion to 2.1%, and positive free cash flow for the entire year for the first time.
Balance Sheet Decomposition
Lyft Inc
Current Assets | 2.6B |
Cash & Short-Term Investments | 1.7B |
Other Current Assets | 892.2m |
Non-Current Assets | 2B |
Long-Term Investments | 39.9m |
PP&E | 564m |
Intangibles | 317.3m |
Other Non-Current Assets | 1.1B |
Current Liabilities | 3B |
Accounts Payable | 72.3m |
Accrued Liabilities | 1.2B |
Other Current Liabilities | 1.7B |
Non-Current Liabilities | 1.1B |
Long-Term Debt | 900.7m |
Other Non-Current Liabilities | 160.7m |
Earnings Waterfall
Lyft Inc
Revenue
|
4.4B
USD
|
Cost of Revenue
|
-3B
USD
|
Gross Profit
|
1.4B
USD
|
Operating Expenses
|
-1.9B
USD
|
Operating Income
|
-475.6m
USD
|
Other Expenses
|
135.3m
USD
|
Net Income
|
-340.3m
USD
|
Free Cash Flow Analysis
Lyft Inc
What is Free Cash Flow?
LYFT Profitability Score
Profitability Due Diligence
Lyft Inc's profitability score is 27/100. The higher the profitability score, the more profitable the company is.
Score
Lyft Inc's profitability score is 27/100. The higher the profitability score, the more profitable the company is.
LYFT Solvency Score
Solvency Due Diligence
Lyft Inc's solvency score is 29/100. The higher the solvency score, the more solvent the company is.
Score
Lyft Inc's solvency score is 29/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
LYFT Price Targets Summary
Lyft Inc
According to Wall Street analysts, the average 1-year price target for LYFT is 15.8 USD with a low forecast of 7.07 USD and a high forecast of 24.15 USD.
Ownership
LYFT Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
LYFT Price
Lyft Inc
Average Annual Return | -29.15% |
Standard Deviation of Annual Returns | 37.88% |
Max Drawdown | -90% |
Market Capitalization | 7.7B USD |
Shares Outstanding | 399 810 000 |
Percentage of Shares Shorted | 16.13% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Lyft, Inc. engages in the provision and management of an online social rideshare community platform. The company is headquartered in San Francisco, California and currently employs 4,453 full-time employees. The company went IPO on 2019-03-29. The Lyft Platform provides a marketplace where drivers are matched with riders via the Lyft App. Transportation options through the Company's platform and mobile-based applications are comprised of its ridesharing marketplace that connects drivers and riders in cities across the United States and Canada; Lyft's network of Light Vehicles; the Express Drive program, where drivers can enter into short-term rental agreements with Flexdrive or a third party for vehicles is used to provide ridesharing services, and Lyft Rentals, a consumer offering for users who want to rent a car for a fixed period of time for personal use, and Lyft Driver Centers and Lyft Auto Care, where drivers and riders can request auto maintenance and collision repair services offered through the Lyft Platform.
Contact
IPO
Employees
Officers
The intrinsic value of one LYFT stock under the Base Case scenario is 17.67 USD.
Compared to the current market price of 19.35 USD, Lyft Inc is Overvalued by 9%.