RL RL

Name: RL Crucible Score
Creator: Kaladin Capital Intelligence

UnknownUnknownN/A📅 Scored March 19, 2026

Price at analysis: $345.93

Crucible Score

56.2

Quality × Value Composite

KQI — Quality

69.8

Fundamental Quality Index

KVI — Value

39.5

D-

Valuation Attractiveness Index

Crucible Verdict — RL

RL demonstrates strong operational fundamentals with impressive financial quality (80) and management effectiveness (82), plus a perfect earnings beat streak across 22 quarters. The stock trades at a 7% discount to fair value despite solid execution, though weak growth prospects (46) and insider selling activity present headwinds. The quality-value disconnect suggests limited upside until growth acceleration materializes.

— Kal, Kaladin Capital Intelligence

◆ KQI Quality Dimensions

Financial Quality

80.4

Growth Profile

46.4

Moat Durability⚠

70.6

Management Effectiveness⚠

81.7

Diversification & Resilience⚠

58.0

Market Position

58.0

Weakest dimension: Growth Profile (46.4)

◆ KVI Value Dimensions

DCF Margin of Safety

49.1

FCF Yield & Cash Returns

31.7

Relative Valuation

56.0

Growth-Adjusted Value

35.5

Historical Valuation

14.2

Macro Context

19.3

◆ DCF Valuation Scenarios

Bear Case

$248.52

Base Case

$370.15

Bull Case

$518.74

Price at Analysis

$345.93

Scenario	Fair Value	Rev CAGR (5yr)	Terminal Margin	WACC
🔴 Bear	$248.52	3.0%	11.5%	12.3%
🟢 Base	$370.15	5.0%	13.0%	11.8%
🟢 Bull	$518.74	7.0%	14.5%	11.2%

Key Assumptions: Revenue base of ~$7.1B with 3-7% CAGR across scenarios reflecting RL's luxury positioning and DTC shift; operating margins anchored to recent 11-13% range with bear assuming reversion toward lower end and bull reflecting continued mix improvement. WACC derived using CAPM with 5.5% ERP and beta of 1.49, yielding cost of equity ~12.6%, blended with after-tax cost of debt ~4.5% at ~30% debt weighting. Capex intensity held at ~3% of revenue consistent with asset-light model, and D&A assumed to roughly offset maintenance capex over time.

◆ Financial Snapshot

Profitability

Gross Margin69.6%

Operating Margin15.0%

Net Margin11.7%

ROIC13.5%

ROE31.8%

Balance Sheet

Balance SheetD/E: 1.39*, CR: 2.10* (* = TTM)

Cash ConversionFCF/EPS: 0.76x

Capital IntensityCapex/Rev: 3.1%

Altman Z-Score5.89 (Safe)

Piotroski F-Score8/9 (Strong)

Growth

Revenue CAGR-36.7% CAGR (suspect)

Earnings CAGR-33.7% CAGR (suspect)

Growth ConsistencyCV: 3.53

Segment Breadth3/4 growing (75%)

Quarterly TrendRev↘+12%, Margin∆, WC↓, Exp↓

Earnings CredibilityConsistent Beater

◆ Analyst Consensus & Leadership

Leadership & Governance

CEO Ownership4.0%

Insider ActivitySelling

Capital AllocationROIC 13.5% vs WACC 1.3%

Earnings Beat Rate100% (22/22)

◆ Related Companies in Our Universe

Other Unknown companies scored by the Crucible:

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

Methodology All Scores Crucible Briefs Performance @KaladinCI

Analysis conducted March 19, 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.