8-K Announcements
6Feb 10, 2026·SEC
Jan 27, 2026·SEC
Nov 5, 2025·SEC
Lyft, Inc. (LYFT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Lyft, Inc. (LYFT) stock price & volume — 10-year historical chart
Lyft, Inc. (LYFT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Lyft, Inc. (LYFT) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 10, 2026 | $0.20vs $0.13+53.8% | $1.6Bvs $1.7B-8.9% |
| Q4 2025 | Nov 4, 2025 | $0.11vs $0.24-55.1% | $1.7Bvs $1.7B-0.8% |
| Q3 2025 | Aug 6, 2025 | $0.25vs $0.27-7.4% | $1.6Bvs $1.7B-5.9% |
| Q2 2025 | May 8, 2025 | $0.19vs $0.19+0.2% | $1.5Bvs $1.5B-1.2% |
Lyft, Inc. (LYFT) competitors in Consumer social and creator platforms — business model, growth, and fundamentals comparison
Lyft, Inc. (LYFT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Lyft, Inc. (LYFT) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1.06B | 2.16B | 3.62B | 2.36B | 3.21B | 4.1B | 4.4B | 5.79B | 6.32B |
| Revenue Growth % | 208.73% | 103.48% | 67.67% | -34.6% | 35.68% | 27.64% | 7.53% | 31.39% | 9.16% |
| Cost of Goods Sold | 659.53M | 1.24B | 2.18B | 1.45B | 1.7B | 2.44B | 2.54B | 3.34B | 3.7B |
| COGS % of Revenue | 62.23% | 57.66% | 60.19% | 61.21% | 53.06% | 59.48% | 57.77% | 57.69% | 58.54% |
| Gross Profit | 400.35M▲ 0% | 913.22M▲ 128.1% | 1.44B▲ 57.6% | 917.16M▼ 36.3% | 1.51B▲ 64.2% | 1.66B▲ 10.2% | 1.86B▲ 12.1% | 2.45B▲ 31.7% | 2.62B▲ 7.0% |
| Gross Margin % | 37.77% | 42.34% | 39.81% | 38.79% | 46.94% | 40.52% | 42.23% | 42.31% | 41.46% |
| Gross Profit Growth % | 522.75% | 128.11% | 57.63% | -36.29% | 64.2% | 10.19% | 12.07% | 31.66% | 6.96% |
| Operating Expenses | 1.11B | 1.89B | 4.14B | 2.73B | 2.64B | 3.12B | 2.34B | 2.57B | 2.81B |
| OpEx % of Revenue | 104.6% | 87.68% | 114.55% | 115.26% | 82.32% | 76.15% | 53.03% | 44.37% | 44.44% |
| Selling, General & Admin | 788.46M | 1.25B | 2B | 1.36B | 1.33B | 1.82B | 1.35B | 1.73B | 1.88B |
| SG&A % of Revenue | 74.39% | 58.04% | 55.32% | 57.62% | 41.36% | 44.39% | 30.7% | 29.84% | 29.72% |
| Research & Development | 136.65M | 300.84M | 1.51B | 909.13M | 911.95M | 856.78M | 555.92M | 397.07M | 451.42M |
| R&D % of Revenue | 12.89% | 13.95% | 41.64% | 38.45% | 28.42% | 20.92% | 12.62% | 6.86% | 7.15% |
| Other Operating Expenses | 183.51M | 338.4M | 636.12M | 453.96M | 402.23M | 443.85M | 427.24M | 443.82M | 478.33M |
| Operating Income | -708.27M▲ 0% | -977.71M▼ 38.0% | -2.7B▼ 176.4% | -1.81B▲ 33.1% | -1.14B▲ 37.2% | -1.46B▼ 28.5% | -475.6M▲ 67.4% | -118.91M▲ 75.0% | -188.37M▼ 58.4% |
| Operating Margin % | -66.83% | -45.34% | -74.74% | -76.47% | -35.38% | -35.63% | -10.8% | -2.06% | -2.98% |
| Operating Income Growth % | -2.26% | -38.04% | -176.41% | 33.08% | 37.22% | -28.51% | 67.4% | 75% | -58.41% |
| EBITDA | -705.66M | -958.96M | -2.59B | -1.65B | -995.87M | -1.3B | -359.09M | 29.98M | -53.15M |
| EBITDA Margin % | -66.58% | -44.47% | -71.74% | -69.82% | -31.04% | -31.85% | -8.15% | 0.52% | -0.84% |
| EBITDA Growth % | -1.96% | -35.9% | -170.51% | 36.35% | 39.68% | -30.95% | 72.46% | 108.35% | -277.27% |
| D&A (Non-Cash Add-back) | 2.61M | 18.75M | 108.43M | 157.35M | 139.35M | 154.8M | 116.51M | 148.89M | 135.23M |
| EBIT | -708.27M | -910.6M | -2.6B | -1.76B | -999.28M | -1.56B | -305.48M | 54.27M | -32.49M |
| Net Interest Income | 20.24M | 66.46M | 102.51M | 10.98M | -42.56M | 27.41M | 119.5M | 137.38M | -20.75M |
| Interest Income | 20.24M | 66.46M | 102.51M | 43.65M | 9.07M | 47.14M | 145.73M | 166.3M | 0 |
| Interest Expense | 0 | 0 | 0 | 32.68M | 51.63M | 19.73M | 26.22M | 28.92M | 20.75M |
| Other Income/Expense | 20.53M | 67.11M | 102.59M | 10.99M | 84.3M | -119.72M | 143.9M | 144.26M | 0 |
| Pretax Income | -687.75M▲ 0% | -910.6M▼ 32.4% | -2.6B▼ 185.5% | -1.8B▲ 30.9% | -1.05B▲ 41.5% | -1.58B▼ 50.2% | -331.7M▲ 79.0% | 25.35M▲ 107.6% | -53.25M▼ 310.0% |
| Pretax Margin % | -64.89% | -42.22% | -71.9% | -76.01% | -32.76% | -38.55% | -7.53% | 0.44% | -0.84% |
| Income Tax | 556K | 738K | 2.36M | -44.53M | 11.22M | 5.87M | 8.62M | 2.57M | -2.9B |
| Effective Tax Rate % | -0.08% | -0.08% | -0.09% | 2.48% | -1.07% | -0.37% | -2.6% | 10.12% | 5441.16% |
| Net Income | -688.3M▲ 0% | -911.34M▼ 32.4% | -2.6B▼ 185.5% | -1.75B▲ 32.6% | -1.06B▲ 39.4% | -1.58B▼ 49.2% | -340.32M▲ 78.5% | 22.78M▲ 106.7% | 2.84B▲ 12382.5% |
| Net Margin % | -64.94% | -42.26% | -71.97% | -74.13% | -33.11% | -38.69% | -7.73% | 0.39% | 45.03% |
| Net Income Growth % | -0.81% | -32.4% | -185.54% | 32.64% | 39.41% | -49.18% | 78.52% | 106.69% | 12382.48% |
| Net Income (Continuing) | -688.3M | -911.34M | -2.6B | -1.75B | -1.06B | -1.58B | -340.32M | 22.78M | 2.84B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 4.28B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -2.89▲ 0% | -3.21▼ 11.1% | -11.44▼ 256.4% | -5.61▲ 51.0% | -3.17▲ 43.5% | -4.47▼ 41.0% | -0.88▲ 80.3% | 0.06▲ 106.3% | 6.81▲ 12259.3% |
| EPS Growth % | -0.7% | -11.07% | -256.39% | 50.96% | 43.49% | -41.01% | 80.31% | 106.26% | 12259.35% |
| EPS (Basic) | -2.89 | -3.21 | -11.44 | -5.61 | -3.17 | -4.47 | -0.88 | 0.06 | 6.92 |
| Diluted Shares Outstanding | 237.95M | 284.15M | 227.5M | 312.18M | 334.72M | 354.73M | 385.33M | 413.65M | 417.66M |
| Basic Shares Outstanding | 237.95M | 284.15M | 227.5M | 312.18M | 334.72M | 354.73M | 385.33M | 409.18M | 410.84M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Lyft, Inc. (LYFT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 2.56B | 2.32B | 3.25B | 2.59B | 2.78B | 2.58B | 2.58B | 2.95B | 2.92B |
| Cash & Short-Term Investments | 2.39B | 2.04B | 2.85B | 2.25B | 2.25B | 1.8B | 1.69B | 1.98B | 2.54B |
| Cash Only | 1.11B | 517.69M | 358.32M | 319.73M | 457.32M | 281.09M | 558.64M | 759.32M | 1.84B |
| Short-Term Investments | 1.28B | 1.52B | 2.49B | 1.93B | 1.8B | 1.52B | 1.13B | 1.23B | 705.17M |
| Accounts Receivable | 0 | 0 | 0 | 0 | 186.9M | 267.3M | 305.2M | 334.8M | 0 |
| Days Sales Outstanding | - | - | - | - | 21.26 | 23.82 | 25.3 | 21.12 | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 0 | -186.9M | 518.77M | 587.03M | 631.29M | 376.97M |
| Total Non-Current Assets | 453.03M | 1.44B | 2.44B | 2.08B | 2B | 1.97B | 1.99B | 2.48B | 6.11B |
| Property, Plant & Equipment | 14.21M | 109.26M | 629.86M | 589.05M | 521.61M | 448.62M | 564.05M | 593.26M | 584.11M |
| Fixed Asset Turnover | 74.60x | 19.74x | 5.74x | 4.01x | 6.15x | 9.13x | 7.81x | 9.75x | 10.81x |
| Goodwill | 0 | 152.09M | 158.72M | 182.69M | 180.52M | 261.58M | 257.79M | 251.38M | 439.75M |
| Intangible Assets | 4.35M | 117.73M | 82.92M | 65.84M | 50.77M | 76.21M | 59.52M | 42.78M | 178.94M |
| Long-Term Investments | 360.88M | 863.71M | 0 | 10M | 80.41M | 26.39M | 39.87M | 42.52M | 47.07M |
| Other Non-Current Assets | 434.48M | 1.06B | 1.57B | 1.24B | 1.16B | 1.16B | 1.07B | 1.55B | 1.95B |
| Total Assets | 3.02B▲ 0% | 3.76B▲ 24.6% | 5.69B▲ 51.4% | 4.68B▼ 17.8% | 4.77B▲ 2.0% | 4.56B▼ 4.6% | 4.56B▲ 0.2% | 5.44B▲ 19.1% | 9.03B▲ 66.1% |
| Asset Turnover | 0.35x | 0.57x | 0.64x | 0.51x | 0.67x | 0.90x | 0.96x | 1.06x | 0.70x |
| Asset Growth % | 141.54% | 24.64% | 51.36% | -17.79% | 2.03% | -4.56% | 0.18% | 19.07% | 66.14% |
| Total Current Liabilities | 696.82M | 1.9B | 2.45B | 2.07B | 2.52B | 3.13B | 2.96B | 3.88B | 4.53B |
| Accounts Payable | 66.87M | 32.34M | 38.84M | 84.11M | 129.54M | 107.8M | 72.28M | 97.7M | 120.46M |
| Days Payables Outstanding | 37.01 | 9.49 | 6.51 | 21.21 | 27.78 | 16.15 | 10.37 | 10.68 | 11.89 |
| Short-Term Debt | 0 | 0 | 0 | 35.76M | 56.26M | 36.29M | 25.8M | 429.08M | 28.07M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 52.78M | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 135.74M | 361.11M | 1.6B | 1.18B | 1.31B | 1.68B | 1.62B | 1.99B | 4.38B |
| Current Ratio | 3.68x | 1.22x | 1.32x | 1.25x | 1.10x | 0.82x | 0.87x | 0.76x | 0.65x |
| Quick Ratio | 3.68x | 1.22x | 1.32x | 1.25x | 1.10x | 0.82x | 0.87x | 0.76x | 0.65x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 4.3B | 30.46M | 385.93M | 928.33M | 916.31M | 1.04B | 1.06B | 787.31M | 1.23B |
| Long-Term Debt | 0 | 0 | 0 | 644.24M | 655.17M | 803.21M | 839.36M | 565.97M | 1.16B |
| Capital Lease Obligations | 0 | 0 | 382.08M | 265.8M | 210.23M | 176.36M | 134.1M | 152.07M | 159.9M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 4.3B | 30.46M | 3.86M | 18.29M | 50.91M | 55.64M | 87.92M | 69.27M | -91.5M |
| Total Liabilities | 5B | 1.93B | 2.84B | 3B | 3.43B | 4.17B | 4.02B | 4.67B | 5.76B |
| Total Debt | 0 | 0 | 476.28M | 995.09M | 975.43M | 1.06B | 1.04B | 1.17B | 1.35B |
| Net Debt | -1.11B | -517.69M | 117.96M | 675.36M | 518.11M | 780.56M | 483.18M | 412.99M | -1.65B |
| Debt / Equity | - | - | 0.17x | 0.59x | 0.73x | 2.73x | 1.92x | 1.53x | 0.41x |
| Debt / EBITDA | - | - | - | - | - | - | - | 39.10x | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | 13.78x | - |
| Interest Coverage | - | - | - | -55.34x | -21.99x | -73.93x | -18.14x | -4.11x | -9.08x |
| Total Equity | 2.3B▲ 0% | 1.83B▼ 20.5% | 2.85B▲ 55.8% | 1.68B▼ 41.3% | 1.34B▼ 20.0% | 388.67M▼ 71.0% | 541.52M▲ 39.3% | 767.02M▲ 41.6% | 3.27B▲ 326.8% |
| Equity Growth % | 146.47% | -20.49% | 55.76% | -41.27% | -19.98% | -71.02% | 39.33% | 41.64% | 326.79% |
| Book Value per Share | 9.69 | 6.45 | 12.55 | 5.37 | 4.01 | 1.10 | 1.41 | 1.85 | 7.84 |
| Total Shareholders' Equity | -1.98B | 1.83B | 2.85B | 1.68B | 1.34B | 388.67M | 541.52M | 767.02M | 3.27B |
| Common Stock | 0 | 3K | 3K | 3K | 3K | 4K | 4K | 4K | 4K |
| Retained Earnings | -2.03B | -3.63B | -5.55B | -7.3B | -8.36B | -9.94B | -10.28B | -10.26B | -7.41B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.01M | 133K | 2.73M | -473K | -2.51M | -5.75M | -4.95M | -10.1M | 625K |
| Minority Interest | 4.28B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Lyft, Inc. (LYFT) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -393.53M | -280.67M | -105.7M | -1.38B | -101.72M | -237.28M | -98.24M | 849.74M | 1.17B |
| Operating CF Margin % | -37.13% | -13.01% | -2.92% | -58.31% | -3.17% | -5.79% | -2.23% | 14.69% | 18.5% |
| Operating CF Growth % | 19.22% | 28.68% | 62.34% | -1204.52% | 92.62% | -133.27% | 58.6% | 964.93% | 37.51% |
| Net Income | -688.3M | -911.34M | -2.6B | -1.75B | -1.06B | -1.58B | -340.32M | 22.78M | 2.84B |
| Depreciation & Amortization | 2.61M | 18.75M | 108.43M | 157.35M | 139.35M | 154.8M | 116.51M | 148.89M | 135.53M |
| Stock-Based Compensation | 9.55M | 8.58M | 1.6B | 565.81M | 724.56M | 750.77M | 484.53M | 330.92M | 322.27M |
| Deferred Taxes | 0 | -23.13M | -2.15M | -46.32M | 0 | 0 | 0 | 0 | -2.9B |
| Other Non-Cash Items | -4.59M | 989K | -875K | 33.17M | -72.26M | 81.18M | -80.67M | -104.71M | -100.48M |
| Working Capital Changes | 287.21M | 625.48M | 791.82M | -336.05M | 168.78M | 360.48M | -278.3M | 451.85M | 862.23M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 21.38M | -40.81M | 5.07M | 44.49M | 47.08M | -27.21M | -41.08M | 21.71M | 21.68M |
| Cash from Investing | -991.43M | -1.04B | -1.61B | 740.43M | 267.01M | 186.04M | 599.75M | -517.98M | 406.74M |
| Capital Expenditures | -12.02M | -70.87M | -178.09M | -93.64M | -79.18M | -114.97M | -149.82M | -83.47M | -52.82M |
| CapEx % of Revenue | 1.13% | 3.29% | 4.93% | 3.96% | 2.47% | 2.81% | 3.4% | 1.44% | 0.84% |
| Acquisitions | 4.49M | -257.59M | -12.32M | -12.34M | 122.69M | -146.33M | 1.63M | 0 | -307.32M |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -4.49M | -717.49M | 7.13M | 30.89M | 40.54M | 129.84M | 98.09M | 99.08M | 53.76M |
| Cash from Financing | 2.05B | 852.24M | 1.57B | 512.57M | -72.47M | -87.5M | -122.08M | -155.87M | -685.53M |
| Debt Issued (Net) | 0 | 0 | 0 | 641.74M | -79.99M | -102.42M | -115.95M | -20.82M | -39.88M |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | -1000K | -1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -50M | -499.99M |
| Other Financing | 3.67M | 9.58M | -909.83M | -129.18M | -26.3M | -6.73M | -17.12M | -85.05M | -160.51M |
| Net Change in Cash | 664M▲ 0% | -472.43M▼ 171.1% | -142.02M▲ 69.9% | -125.98M▲ 11.3% | 92.71M▲ 173.6% | -139.37M▼ 250.3% | 379.96M▲ 372.6% | 174.25M▼ 54.1% | 891.33M▲ 411.5% |
| Free Cash Flow | -405.55M▲ 0% | -351.54M▲ 13.3% | -283.79M▲ 19.3% | -1.47B▼ 418.9% | -180.9M▲ 87.7% | -352.25M▼ 94.7% | -248.06M▲ 29.6% | 766.27M▲ 408.9% | 1.12B▲ 45.6% |
| FCF Margin % | -38.26% | -16.3% | -7.85% | -62.27% | -5.64% | -8.6% | -5.63% | 13.24% | 17.66% |
| FCF Growth % | 18.23% | 13.32% | 19.27% | -418.88% | 87.72% | -94.73% | 29.58% | 408.9% | 45.59% |
| FCF per Share | -1.70 | -1.24 | -1.25 | -4.72 | -0.54 | -0.99 | -0.64 | 1.85 | 2.67 |
| FCF Conversion (FCF/Net Income) | 0.57x | 0.31x | 0.04x | 0.79x | 0.10x | 0.15x | 0.29x | 37.30x | 0.41x |
| Interest Paid | 0 | 0 | 0 | 12.54M | 16.52M | 16.75M | 20.18M | 28.3M | 0 |
| Taxes Paid | 0 | 326K | 819K | 4.04M | 5.87M | 10.72M | 9.43M | 11.21M | 0 |
Lyft, Inc. (LYFT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -73.02% | -42.49% | -44.06% | -111.05% | -77.38% | -70.4% | -183.19% | -73.17% | 3.48% | 140.77% |
| Return on Invested Capital (ROIC) | -111.52% | -63.83% | -58.36% | -94.56% | -50.95% | -40.44% | -72.26% | -32.52% | -8.09% | -7.12% |
| Gross Margin | 18.73% | 37.77% | 42.34% | 39.81% | 38.79% | 46.94% | 40.52% | 42.23% | 42.31% | 41.46% |
| Net Margin | -198.89% | -64.94% | -42.26% | -71.97% | -74.13% | -33.11% | -38.69% | -7.73% | 0.39% | 45.03% |
| Debt / Equity | - | - | - | 0.17x | 0.59x | 0.73x | 2.73x | 1.92x | 1.53x | 0.41x |
| Interest Coverage | - | - | - | - | -55.34x | -21.99x | -73.93x | -18.14x | -4.11x | -9.08x |
| FCF Conversion | 0.71x | 0.57x | 0.31x | 0.04x | 0.79x | 0.10x | 0.15x | 0.29x | 37.30x | 0.41x |
| Revenue Growth | - | 208.73% | 103.48% | 67.67% | -34.6% | 35.68% | 27.64% | 7.53% | 31.39% | 9.16% |
Lyft, Inc. (LYFT) SEC filings — annual & quarterly reports (10-K, 10-Q)
Feb 10, 2026·SEC
Jan 27, 2026·SEC
Nov 5, 2025·SEC
Lyft, Inc. (LYFT) stock FAQ — growth, dividends, profitability & financials explained
Lyft, Inc. (LYFT) reported $6.32B in revenue for fiscal year 2025. This represents a 1740% increase from $343.3M in 2016.
Lyft, Inc. (LYFT) grew revenue by 9.2% over the past year. This is steady growth.
Yes, Lyft, Inc. (LYFT) is profitable, generating $2.84B in net income for fiscal year 2025 (45.0% net margin).
Lyft, Inc. (LYFT) has a return on equity (ROE) of 140.8%. This is excellent, indicating efficient use of shareholder capital.
Lyft, Inc. (LYFT) generated $1.15B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Lyft, Inc. (LYFT) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates