Lyft Inc. LYFT

Name: LYFT Crucible Score
Creator: Kaladin Capital Intelligence

UnknownUnknownN/A📅 Scored March 17, 2026

Price at analysis: $13.35

Crucible Score

64.5

B-

Quality × Value Composite

KQI — Quality

63.2

B-

Fundamental Quality Index

KVI — Value

66.2

B-

Valuation Attractiveness Index

Crucible Verdict — LYFT

Lyft Inc. (LYFT) trades at a meaningful discount to fair value despite solid management effectiveness and competitive moat durability scores above 70. The ride-sharing company's Achilles' heel remains diversification risk, with a concerning score of just 33 reflecting its narrow business focus. LYFT's 18% upside to base case makes it attractive for investors betting on urban mobility recovery.

— Kal, Kaladin Capital Intelligence

◆ KQI Quality Dimensions

Financial Quality

54.6

Growth Profile⚠

59.9

Moat Durability

72.8

Management Effectiveness

72.5

Diversification & Resilience

33.2

Market Position

58.0

Weakest dimension: Diversification & Resilience (33.2)

◆ KVI Value Dimensions

DCF Margin of Safety

58.5

FCF Yield & Cash Returns

87.6

Relative Valuation

71.6

Growth-Adjusted Value

35.0

Historical Valuation

74.2

Macro Context

95.0

◆ DCF Valuation Scenarios

Bear Case

$8.42

Base Case

$15.73

Bull Case

$26.18

Price at Analysis

$13.35

Scenario	Fair Value	Rev CAGR (5yr)	Terminal Margin	WACC
🔴 Bear	$8.42	6.0%	4.0%	15.9%
🟢 Base	$15.73	9.0%	6.0%	14.9%
🟢 Bull	$26.18	13.0%	8.0%	13.9%

Key Assumptions: WACC of ~15% reflects CAPM with 1.91 beta and 5.5% ERP on a 4.39% risk-free rate. Revenue growth anchored to recent trajectory of ~9% YoY with Lyft transitioning from hypergrowth to mature rideshare platform. Operating margins projected to expand from current ~negative low-single-digits toward 4-8% terminal range, reflecting the company's recent inflection to positive EBITDA and FCF but acknowledging intense competition and regulatory headwinds. Capex intensity remains very low at ~1.2% of revenue consistent with asset-light model.

◆ Financial Snapshot

Profitability

Gross Margin41.5%

Operating Margin-3.0%

Net Margin45.0%

ROIC173.2%

ROE-74.3%

Balance Sheet

Balance SheetCR: 0.65

Cash ConversionFCF/EPS: 0.40x

Capital IntensityCapex/Rev: 0.8%

Altman Z-Score-0.13 (Distress)

Piotroski F-Score3/9 (Weak)

Growth

Revenue CAGR16.4% CAGR

Earnings CAGRInsufficient data

Growth ConsistencyCV: 1.35

Segment BreadthInsufficient segments

Quarterly TrendRev↘+3%, Margin↑, Cash↓, Exp↓

Earnings CredibilityMixed

◆ Analyst Consensus & Leadership

Leadership & Governance

CEODavid Risher · 3 years

CEO Ownership1.0%

Compensation94% performance-based

Insider ActivityBuying

Capital AllocationROIC 173.2% vs WACC 1.3%

Earnings Beat Rate62% (12/22)

◆ Related Companies in Our Universe

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ADBE81.8A-NICE80.7A-DECK79.9A-INTU79.9A-EXEL78.3A-MTCH78.2A-TTD78.0B+

Methodology All Scores Crucible Briefs Performance @KaladinCI

Analysis conducted March 17, 2026 based on most recent SEC filings. Updated quarterly, after new SEC filings.

Point-in-time fundamental analysis. Not investment advice. Scores reflect company quality and valuation at time of analysis and may not reflect current market conditions.