NasdaqGS:LYFT

Stock Analysis Report

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Executive Summary

Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. More Details


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Lyft's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LYFT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: LYFT's weekly volatility has decreased from 12% to 7% over the past year.


Market Performance


7 Day Return

15.1%

LYFT

3.5%

US Transportation

-0.4%

US Market


1 Year Return

78.0%

LYFT

50.2%

US Transportation

36.2%

US Market

Return vs Industry: LYFT exceeded the US Transportation industry which returned 50.2% over the past year.

Return vs Market: LYFT exceeded the US Market which returned 36.2% over the past year.


Shareholder returns

LYFTIndustryMarket
7 Day15.1%3.5%-0.4%
30 Day20.7%3.0%-2.9%
90 Day37.7%6.0%5.0%
1 Year78.0%78.0%52.2%50.2%39.1%36.2%
3 Yearn/a61.9%54.0%48.4%39.0%
5 Yearn/a197.2%172.6%116.5%92.4%

Long-Term Price Volatility Vs. Market

How volatile is Lyft's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Lyft undervalued compared to its fair value and its price relative to the market?

35.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LYFT ($64.12) is trading below our estimate of fair value ($98.68)

Significantly Below Fair Value: LYFT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LYFT is unprofitable, so we can't compare its PE Ratio to the US Transportation industry average.

PE vs Market: LYFT is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LYFT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LYFT is overvalued based on its PB Ratio (12.4x) compared to the US Transportation industry average (2.9x).


Next Steps

Future Growth

How is Lyft forecast to perform in the next 1 to 3 years based on estimates from 33 analysts?

51.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LYFT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: LYFT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: LYFT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: LYFT's revenue (21.7% per year) is forecast to grow faster than the US market (10% per year).

High Growth Revenue: LYFT's revenue (21.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LYFT is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Lyft performed over the past 5 years?

-21.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LYFT is currently unprofitable.

Growing Profit Margin: LYFT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LYFT is unprofitable, and losses have increased over the past 5 years at a rate of 21.4% per year.

Accelerating Growth: Unable to compare LYFT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LYFT is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (11.5%).


Return on Equity

High ROE: LYFT has a negative Return on Equity (-104.58%), as it is currently unprofitable.


Next Steps

Financial Health

How is Lyft's financial position?


Financial Position Analysis

Short Term Liabilities: LYFT's short term assets ($2.6B) exceed its short term liabilities ($2.1B).

Long Term Liabilities: LYFT's short term assets ($2.6B) exceed its long term liabilities ($928.3M).


Debt to Equity History and Analysis

Debt Level: LYFT's debt to equity ratio (40.6%) is considered high.

Reducing Debt: Insufficient data to determine if LYFT's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: LYFT has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if LYFT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Lyft current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LYFT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LYFT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LYFT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LYFT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LYFT's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.4yrs

Average management tenure


CEO

Logan Green (36 yo)

9.17yrs

Tenure

US$801,564

Compensation

Mr. Logan D. Green is a Co-Founder of Lyft Inc. and has been its Chief Executive Officer and Director since 2012. Prior to founding Zimride, Mr. Green created the first car-share program at UC Santa Barbar...


CEO Compensation Analysis

Compensation vs Market: Logan's total compensation ($USD801.56K) is below average for companies of similar size in the US market ($USD10.58M).

Compensation vs Earnings: Logan's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Logan Green
Co-Founder9.17yrsUS$801.56k1.84%
$ 388.5m
John Zimmer
Co-Founder2.17yrsUS$2.01m1.36%
$ 286.4m
Brian Roberts
Chief Financial Officer6.33yrsUS$9.57m0.32%
$ 67.0m
Kristin Sverchek
General Counsel & Secretary8.33yrsUS$5.99m0.086%
$ 18.1m
Lisa Blackwood-Kapral
Chief Accounting Officer1.67yrsno data0.026%
$ 5.6m
Shawn Woodhull
Head of Investor Relationsno datano datano data
Kristina Omari
Vice President of Corporate Developmentno datano datano data
Rajil Kapoor
Chief Strategy Officer4.42yrsno datano data
Will Valentine
VP and Head of Communications & Public Relationsno datano datano data
Anthony Foxx
Chief Policy Officer2.42yrsno datano data
Eisar Lipkovitz
Executive Vice President of Rideshare & Engineering1yrno data0.19%
$ 41.0m
Catherine Buan
Vice President of Investor Relations2.08yrsno datano data

4.4yrs

Average Tenure

48.5yo

Average Age

Experienced Management: LYFT's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Logan Green
Co-Founder9.17yrsUS$801.56k1.84%
$ 388.5m
John Zimmer
Co-Founder2.17yrsUS$2.01m1.36%
$ 286.4m
David Lawee
Independent Director3.33yrsUS$309.45k0.0014%
$ 286.8k
Mary Wilderotter
Independent Director2.83yrsUS$309.45k0.0067%
$ 1.4m
Valerie Jarrett
Independent Director3.67yrsUS$301.84k0.0068%
$ 1.4m
Prashant Aggarwal
Independent Chairman2.17yrsUS$342.56k0.42%
$ 87.8m
R. Miura-Ko
Independent Director4.75yrsUS$298.80k0.014%
$ 3.0m

3.3yrs

Average Tenure

54yo

Average Age

Experienced Board: LYFT's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.3%.


Top Shareholders

Company Information

Lyft, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lyft, Inc.
  • Ticker: LYFT
  • Exchange: NasdaqGS
  • Founded: 2007
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$21.091b
  • Shares outstanding: 328.93m
  • Website: https://www.lyft.com

Number of Employees


Location

  • Lyft, Inc.
  • 185 Berry Street
  • Suite 5000
  • San Francisco
  • California
  • 94107
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LY0DB (Deutsche Boerse AG)YesClass A Common StockDEEURMar 2019
LYFTWBAG (Wiener Boerse AG)YesClass A Common StockATEURMar 2019
LYFTNasdaqGS (Nasdaq Global Select)YesClass A Common StockUSUSDMar 2019
LYFT *BMV (Bolsa Mexicana de Valores)YesClass A Common StockMXMXNMar 2019
0A2OLSE (London Stock Exchange)YesClass A Common StockGBUSDMar 2019

Biography

Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company offers riders, personalized and on-demand access to various transportation options. It ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/07 23:48
End of Day Share Price2021/03/05 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.