8-K Announcements
6Mar 30, 2026·SEC
Feb 5, 2026·SEC
Jan 22, 2026·SEC
Lulu's Fashion Lounge Holdings, Inc. (LVLU) 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.
Lulu's Fashion Lounge Holdings, Inc. (LVLU) stock price & volume — 10-year historical chart
Lulu's Fashion Lounge Holdings, Inc. (LVLU) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Lulu's Fashion Lounge Holdings, Inc. (LVLU) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 30, 2026 | $0.14vs $1.35+89.6% | $63Mvs $64M-0.8% |
| Q4 2025 | Nov 12, 2025 | $0.84vs $0.90+6.7% | $74Mvs $76M-2.8% |
| Q3 2025 | Aug 13, 2025 | $1.08vs $0.45-140.0% | $82Mvs $82M-0.4% |
| Q2 2025 | May 14, 2025 | $2.85vs $0.10-2750.0% | $64Mvs $70M-7.7% |
Lulu's Fashion Lounge Holdings, Inc. (LVLU) competitors in Online-First Apparel Retailers — business model, growth, and fundamentals comparison
Lulu's Fashion Lounge Holdings, Inc. (LVLU) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Lulu's Fashion Lounge Holdings, Inc. (LVLU) 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 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 232.47M | 297.11M | 369.62M | 248.66M | 375.63M | 439.65M | 355.18M | 315.89M | 285.41M |
| Revenue Growth % | - | 27.81% | 24.41% | -32.73% | 51.06% | 17.05% | -19.21% | -11.06% | -12.1% |
| Cost of Goods Sold | 122.23M | 164.81M | 208.42M | 138.36M | 198.89M | 248.21M | 206.95M | 185.64M | 166.21M |
| COGS % of Revenue | 52.58% | 55.47% | 56.39% | 55.64% | 52.95% | 56.46% | 58.27% | 58.77% | - |
| Gross Profit | 110.23M▲ 0% | 132.3M▲ 20.0% | 161.2M▲ 21.9% | 110.29M▼ 31.6% | 176.73M▲ 60.2% | 191.45M▲ 8.3% | 148.23M▼ 22.6% | 130.25M▼ 12.1% | 119.2M▲ 0% |
| Gross Margin % | 47.42% | 44.53% | 43.61% | 44.36% | 47.05% | 43.54% | 41.73% | 41.23% | 41.77% |
| Gross Profit Growth % | - | 20.01% | 21.85% | -31.58% | 60.24% | 8.33% | -22.58% | -12.13% | - |
| Operating Expenses | 77.5M | 113.25M | 146.26M | 114.97M | 154.39M | 182.71M | 168.44M | 182.63M | 166.79M |
| OpEx % of Revenue | 33.34% | 38.12% | 39.57% | 46.24% | 41.1% | 41.56% | 47.42% | 57.82% | - |
| Selling, General & Admin | 76.37M | 113.67M | 146.26M | 114.97M | 154.39M | 182.71M | 168.44M | 154.26M | 138.41M |
| SG&A % of Revenue | 32.85% | 38.26% | 39.57% | 46.24% | 41.1% | 41.56% | 47.42% | 48.83% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28.37M | 1000K |
| Operating Income | 33.87M▲ 0% | 18.63M▼ 45.0% | 14.94M▼ 19.8% | -4.67M▼ 131.3% | 22.34M▲ 577.8% | 8.74M▼ 60.9% | -20.21M▼ 331.3% | -52.39M▼ 159.1% | -47.58M▲ 0% |
| Operating Margin % | 14.57% | 6.27% | 4.04% | -1.88% | 5.95% | 1.99% | -5.69% | -16.58% | -16.67% |
| Operating Income Growth % | - | -45% | -19.78% | -131.29% | 577.82% | -60.88% | -331.32% | -159.15% | - |
| EBITDA | 35.55M | 21.19M | 17.98M | -1.46M | 25.24M | 16.13M | -15.4M | -46.91M | -42.24M |
| EBITDA Margin % | 15.29% | 7.13% | 4.87% | -0.59% | 6.72% | 3.67% | -4.33% | -14.85% | -14.8% |
| EBITDA Growth % | - | -40.39% | -15.14% | -108.11% | 1829.81% | -36.09% | -195.45% | -204.67% | -112.38% |
| D&A (Non-Cash Add-back) | 1.68M | 2.56M | 3.04M | 3.22M | 2.9M | 7.39M | 4.82M | 5.48M | 5.34M |
| EBIT | 33.87M | 18.63M | 14.94M | -4.54M | 21.03M | 8.88M | -19.28M | -51.68M | -46.28M |
| Net Interest Income | 0 | 0 | -15.21M | -16.04M | -12.77M | -1.1M | -1.73M | -1.27M | -2.29M |
| Interest Income | 9.29M | 13.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 15.21M | 16.04M | 12.77M | 1.1M | 1.73M | 1.27M | 2.29M |
| Other Income/Expense | -10.43M | -13.28M | -14.97M | -15.9M | -14.08M | -967K | -795K | -566K | -990K |
| Pretax Income | 23.44M▲ 0% | 5.34M▼ 77.2% | -24K▼ 100.4% | -20.57M▼ 85629.2% | 8.26M▲ 140.1% | 7.77M▼ 5.9% | -21.01M▼ 370.3% | -52.95M▼ 152.0% | -48.57M▲ 0% |
| Pretax Margin % | 10.08% | 1.8% | -0.01% | -8.27% | 2.2% | 1.77% | -5.92% | -16.76% | -17.02% |
| Income Tax | 8.53M | 4.22M | 445K | -1.27M | 6.21M | 4.05M | -1.68M | 2.33M | -3.5M |
| Effective Tax Rate % | 36.39% | 78.93% | -1854.17% | 6.18% | 75.23% | 52.07% | 7.98% | -4.41% | 7.2% |
| Net Income | 14.91M▲ 0% | 1M▼ 93.3% | -469K▼ 146.8% | -19.3M▼ 4016.0% | 2.04M▲ 110.6% | 3.73M▲ 82.2% | -19.33M▼ 619.0% | -55.29M▼ 186.0% | -45.08M▲ 0% |
| Net Margin % | 6.41% | 0.34% | -0.13% | -7.76% | 0.54% | 0.85% | -5.44% | -17.5% | -15.79% |
| Net Income Growth % | - | -93.28% | -146.81% | -4015.99% | 110.59% | 82.15% | -619.03% | -185.95% | -47.12% |
| Net Income (Continuing) | 14.91M | 1.13M | -469K | -19.3M | 2.04M | 3.73M | -19.33M | -55.29M | -45.08M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.05▲ 0% | 0.00▼ 92.3% | -0.00▼ 148.6% | -0.03▼ 1722.2% | -0.21▼ 540.2% | 0.01▲ 103.0% | -0.03▼ 603.1% | -0.09▼ 176.7% | -0.16▲ 0% |
| EPS Growth % | - | -92.4% | - | - | -540.24% | 103.05% | - | -176.71% | -64.8% |
| EPS (Basic) | 0.05 | 0.00 | -0.00 | -0.03 | -0.21 | 0.01 | -0.03 | -0.09 | - |
| Diluted Shares Outstanding | 308.88M | 274.92M | 261.93M | 589.36M | 576.32M | 582.8M | 598.19M | 622.03M | 275.65M |
| Basic Shares Outstanding | 310.63M | 300.6M | 261.93M | 589.36M | 576.32M | 578.76M | 598.19M | 622.03M | 275.65M |
| Dividend Payout Ratio | 410.36% | - | - | - | - | - | - | - | - |
Lulu's Fashion Lounge Holdings, Inc. (LVLU) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 33.1M | 42.33M | 46.81M | 42.8M | 49.09M | 69.02M | 52.52M | 51.5M | 55.76M |
| Cash & Short-Term Investments | 5.64M | 7.75M | 5.86M | 15.55M | 11.4M | 10.22M | 2.51M | 4.46M | 1.94M |
| Cash Only | 5.64M | 7.75M | 5.86M | 15.55M | 11.4M | 10.22M | 2.51M | 4.46M | 1.94M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.37M | 2.28M | 6.39M | 6.57M | 6.4M | 7.99M | 6.05M | 6.33M | 5.92M |
| Days Sales Outstanding | 2.15 | 2.8 | 6.31 | 9.65 | 6.22 | 6.63 | 6.22 | 7.32 | 6.67 |
| Inventory | 19M | 24.32M | 29.39M | 18M | 22.18M | 43.19M | 35.47M | 34.04M | 38.42M |
| Days Inventory Outstanding | 56.75 | 53.85 | 51.47 | 47.48 | 40.7 | 63.51 | 62.56 | 66.92 | 82.06 |
| Other Current Assets | 5.47M | 5.8M | 3.23M | 0 | 3.75M | 7.63M | 3.11M | 6.67M | 9.48M |
| Total Non-Current Assets | 59.36M | 61.35M | 63.71M | 62.28M | 64.68M | 98.19M | 96.92M | 56.7M | 47.59M |
| Property, Plant & Equipment | 2.58M | 3.1M | 4.07M | 3.09M | 3.23M | 36.91M | 34.23M | 27.67M | 18.65M |
| Fixed Asset Turnover | 90.14x | 95.84x | 90.82x | 80.47x | 116.26x | 11.91x | 10.38x | 11.42x | 12.76x |
| Goodwill | 35.43M | 35.43M | 35.43M | 35.43M | 35.43M | 35.43M | 35.43M | 7.06M | 7.06M |
| Intangible Assets | 20.55M | 21M | 21.2M | 20.8M | 20.75M | 21.6M | 21.77M | 21.27M | 2.73M |
| Long-Term Investments | 0 | 0 | 504K | 505K | 506K | -17.16M | 0 | 0 | 0 |
| Other Non-Current Assets | 802K | 1.83M | 3.01M | 2.96M | -5.01M | 4.25M | 5.5M | 698K | 21.19M |
| Total Assets | 92.46M▲ 0% | 103.68M▲ 12.1% | 110.52M▲ 6.6% | 105.08M▼ 4.9% | 113.78M▲ 8.3% | 167.2M▲ 47.0% | 149.44M▼ 10.6% | 108.2M▼ 27.6% | 103.34M▲ 0% |
| Asset Turnover | 2.51x | 2.87x | 3.34x | 2.37x | 3.30x | 2.63x | 2.38x | 2.92x | 2.67x |
| Asset Growth % | - | 12.14% | 6.6% | -4.92% | 8.28% | 46.96% | -10.62% | -27.6% | -126.73% |
| Total Current Liabilities | 28.46M | 36.61M | 51.15M | 41.27M | 43.15M | 47.65M | 61.89M | 74.33M | 88.16M |
| Accounts Payable | 7.2M | 5.56M | 10.97M | 7.16M | 4.23M | 5.32M | 8.9M | 10.99M | 18.34M |
| Days Payables Outstanding | 21.51 | 12.31 | 19.21 | 18.89 | 7.76 | 7.82 | 15.7 | 21.61 | 25.26 |
| Short-Term Debt | 10.13M | 10.13M | 14.13M | 18.7M | 0 | 0 | 8M | 13.09M | 6.38M |
| Deferred Revenue (Current) | 0 | 0 | 4.61M | 4.97M | 7.24M | 10.83M | 13.14M | 17.88M | 36.9M |
| Other Current Liabilities | 7.57M | 10.53M | 19.53M | 7.5M | 22.48M | 20.29M | 21.14M | 11.43M | 63.44M |
| Current Ratio | 1.16x | 1.16x | 0.92x | 1.04x | 1.14x | 1.45x | 0.85x | 0.69x | 0.69x |
| Quick Ratio | 0.50x | 0.49x | 0.34x | 0.60x | 0.62x | 0.54x | 0.28x | 0.23x | 0.23x |
| Cash Conversion Cycle | 37.39 | 44.34 | 38.57 | 38.24 | 39.16 | 62.31 | 53.09 | 52.63 | 63.47 |
| Total Non-Current Liabilities | 115.73M | 109.89M | 100.61M | 99.36M | 26.11M | 54.66M | 26.61M | 20.5M | 12.66M |
| Long-Term Debt | 113.93M | 108.2M | 96.65M | 96.86M | 25M | 25M | 0 | 0 | 11.76M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 29.04M | 25.43M | 19.65M | 47.9M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 6.86M | 15.9M | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.8M | 1.68M | 3.95M | 2.5M | 1.11M | 623K | 1.18M | 852K | 3.52M |
| Total Liabilities | 144.19M | 146.49M | 151.76M | 140.63M | 69.25M | 102.31M | 88.49M | 94.83M | 100.82M |
| Total Debt | 124.06M | 118.33M | 110.78M | 115.56M | 25M | 58.5M | 39.08M | 39.35M | 18.14M |
| Net Debt | 118.42M | 110.58M | 104.92M | 100.01M | 13.6M | 48.28M | 36.57M | 34.89M | 16.2M |
| Debt / Equity | - | - | - | - | 0.56x | 0.90x | 0.64x | 2.94x | 2.94x |
| Debt / EBITDA | 3.49x | 5.58x | 6.16x | - | 0.99x | 3.63x | - | - | -0.43x |
| Net Debt / EBITDA | 3.33x | 5.22x | 5.83x | - | 0.54x | 2.99x | - | - | -0.38x |
| Interest Coverage | - | - | 0.98x | -0.29x | 1.75x | 7.92x | -11.70x | -41.22x | -20.21x |
| Total Equity | -51.73M▲ 0% | -42.81M▲ 17.2% | -41.24M▲ 3.7% | -35.55M▲ 13.8% | 44.52M▲ 225.2% | 64.89M▲ 45.8% | 60.95M▼ 6.1% | 13.37M▼ 78.1% | 2.52M▲ 0% |
| Equity Growth % | - | 17.23% | 3.67% | 13.8% | 225.23% | 45.75% | -6.07% | -78.07% | -352.24% |
| Book Value per Share | -0.17 | -0.16 | -0.16 | -0.06 | 0.08 | 0.11 | 0.10 | 0.02 | 0.01 |
| Total Shareholders' Equity | -51.73M | -42.81M | -41.24M | -35.55M | 44.52M | 64.89M | 60.95M | 13.37M | 2.52M |
| Common Stock | 21K | 18K | 18K | 18K | 38K | 39K | 41K | 42K | 43K |
| Retained Earnings | -51.75M | -159.87M | -160.34M | -179.64M | -177.6M | -173.87M | -193.21M | -248.49M | -261.8M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -496K | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | -113.78M | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Lulu's Fashion Lounge Holdings, Inc. (LVLU) 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 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 10.83M | 9.47M | 11.87M | 4.42M | 26.9M | 6.2M | 15.42M | 2.6M | 2.6M |
| Operating CF Margin % | 4.66% | 3.19% | 3.21% | 1.78% | 7.16% | 1.41% | 4.34% | 0.82% | - |
| Operating CF Growth % | - | -12.53% | 25.37% | -62.78% | 508.64% | -76.95% | 148.77% | -83.13% | 5.41% |
| Net Income | 14.91M | 1.13M | -469K | -19.3M | 2.04M | 3.73M | -19.33M | -55.29M | -45.08M |
| Depreciation & Amortization | 1.68M | 2.56M | 3.04M | 3.22M | 2.83M | 4.13M | 4.82M | 5.48M | 5.29M |
| Stock-Based Compensation | 641K | 4.05M | 2.04M | 0 | 15.14M | 16.09M | 0 | 8.09M | -3.39M |
| Deferred Taxes | 0 | 0 | -1.62M | -14K | -1.66M | 1.66M | -2.54M | 3.8M | 0 |
| Other Non-Cash Items | 2.55M | -2.4M | 2.04M | 23.38M | 1.94M | 3.43M | 21.53M | 32.88M | 41.09M |
| Working Capital Changes | -8.96M | 4.13M | 6.84M | -2.86M | 6.6M | -22.84M | 10.94M | 7.64M | 4.81M |
| Change in Receivables | 706K | -914K | -1.67M | -179K | -1.82M | 1.74M | 366K | 1.38M | -272K |
| Change in Inventory | -11.36M | -5.31M | -1.82M | 11.39M | -5.28M | -21.01M | 8.49M | 1.44M | -1.15M |
| Change in Payables | 0 | 0 | 5.26M | -3.7M | -2.9M | 1.15M | 3.58M | 2.14M | 7.35M |
| Cash from Investing | -3.6M | -3.49M | -4.04M | -1.91M | -3.39M | -5.12M | -4M | -2.87M | -2.09M |
| Capital Expenditures | -2.15M | -1.63M | -2.21M | -1.97M | -1.45M | -2.51M | -3.94M | -1.3M | -880K |
| CapEx % of Revenue | 0.93% | 0.55% | 0.6% | 0.79% | 0.39% | 0.57% | 1.11% | 0.41% | - |
| Acquisitions | 0 | 0 | 0 | 60K | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -1.44M | -1.86M | -1.83M | 0 | -1.95M | -2.61M | -68K | -1.57M | -1.21M |
| Cash from Financing | -6.68M | -3.87M | -9.72M | 7.19M | -27.65M | -2.77M | -19.13M | 2.23M | -4.89M |
| Debt Issued (Net) | 59.82M | -7.59M | -8.66M | 1.97M | -93.19M | -786K | -17.98M | 3.73M | -4.84M |
| Equity Issued (Net) | 0 | -1000K | 0 | 1000K | 1000K | 0 | 487K | -496K | -1.48M |
| Dividends Paid | -61.18M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -113.3M | 0 | 0 | 0 | 0 | 0 | -496K | -1.34M |
| Other Financing | -5.32M | 117.02M | -1.06M | -2.11M | -538K | -1.98M | -1.64M | -1M | 1.43M |
| Net Change in Cash | 552K▲ 0% | 2.11M▲ 282.4% | -1.89M▼ 189.5% | 9.7M▲ 613.3% | -4.15M▼ 142.8% | -1.69M▲ 59.3% | -7.71M▼ 356.7% | 1.95M▲ 125.3% | -4.37M▲ 0% |
| Free Cash Flow | 8.68M▲ 0% | 7.84M▼ 9.6% | 7.83M▼ 0.2% | 3.72M▼ 52.5% | 23.93M▲ 543.4% | 1.19M▼ 95.0% | 13.54M▲ 1039.8% | -273K▼ 102.0% | 1.47M▲ 0% |
| FCF Margin % | 3.73% | 2.64% | 2.12% | 1.5% | 6.37% | 0.27% | 3.81% | -0.09% | 0.51% |
| FCF Growth % | - | -9.57% | -0.17% | -52.52% | 543.37% | -95.03% | 1039.81% | -102.02% | 142.58% |
| FCF per Share | 0.03 | 0.03 | 0.03 | 0.01 | 0.04 | 0.00 | 0.02 | -0.00 | -0.00 |
| FCF Conversion (FCF/Net Income) | 0.73x | 9.45x | -25.32x | -0.23x | 13.15x | 1.66x | -0.80x | -0.05x | -0.03x |
| Interest Paid | 0 | 0 | 13.07M | 0 | 8.55M | 893K | 0 | 1.05M | 1.44M |
| Taxes Paid | 0 | 0 | 1.38M | 0 | 6.11M | 6.44M | 0 | 0 | 0 |
Lulu's Fashion Lounge Holdings, Inc. (LVLU) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | - | 45.59% | 6.81% | -30.73% | -148.78% | -1789.56% |
| Return on Invested Capital (ROIC) | 20.78% | 17.05% | -5.47% | 27.34% | 7.65% | -14.39% | -53.9% | -53.9% |
| Gross Margin | 44.53% | 43.61% | 44.36% | 47.05% | 43.54% | 41.73% | 41.23% | 41.77% |
| Net Margin | 0.34% | -0.13% | -7.76% | 0.54% | 0.85% | -5.44% | -17.5% | -15.79% |
| Debt / Equity | - | - | - | 0.56x | 0.90x | 0.64x | 2.94x | 2.94x |
| Interest Coverage | - | 0.98x | -0.29x | 1.75x | 7.92x | -11.70x | -41.22x | -20.21x |
| FCF Conversion | 9.45x | -25.32x | -0.23x | 13.15x | 1.66x | -0.80x | -0.05x | -0.03x |
| Revenue Growth | 27.81% | 24.41% | -32.73% | 51.06% | 17.05% | -19.21% | -11.06% | -12.1% |
Lulu's Fashion Lounge Holdings, Inc. (LVLU) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 30, 2026·SEC
Feb 5, 2026·SEC
Jan 22, 2026·SEC
Lulu's Fashion Lounge Holdings, Inc. (LVLU) stock FAQ — growth, dividends, profitability & financials explained
Lulu's Fashion Lounge Holdings, Inc. (LVLU) reported $285.4M in revenue for fiscal year 2024. This represents a 23% increase from $232.5M in 2017.
Lulu's Fashion Lounge Holdings, Inc. (LVLU) saw revenue decline by 11.1% over the past year.
Lulu's Fashion Lounge Holdings, Inc. (LVLU) reported a net loss of $45.1M for fiscal year 2024.
Lulu's Fashion Lounge Holdings, Inc. (LVLU) has a return on equity (ROE) of -148.8%. Negative ROE indicates the company is unprofitable.
Lulu's Fashion Lounge Holdings, Inc. (LVLU) generated $1.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Lulu's Fashion Lounge Holdings, Inc. (LVLU) 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