Lyft, Inc. (LYFT) vs Ringcentral, Inc. (RNG)

Lyft, Inc. and Ringcentral, Inc. are both Software Application companies. Ringcentral, Inc. is the larger, with a market value of $6.7B against $5.6B — 1.2× the size. Lyft, Inc. trades at the lower P/E: 2.2× against 59.0×. Lyft, Inc. grew revenue faster over the last twelve months: 10.8% against 5.22%. Lyft, Inc. has the higher net margin (42.3% vs 4.27%) and the lower return on invested capital (−3.37% vs 27.2%). Across the 19 metrics below, Lyft, Inc. leads on 12 and Ringcentral, Inc. on 7.

Valuation

Metric LYFT RNG Software Application median
P/E 2.16 59.04 24.79
P/S 0.84 2.48 2.67
P/B 1.87 n/m 3.01
Price to free cash flow 4.83 11.15 16.59
EV/EBITDA n/m 13.13 14.40
EV/Sales 0.72 2.87 2.62
Earnings yield 46.27% 1.69% 0.00%
Free cash flow yield 20.72% 8.97% 1.91%

Profitability

Metric LYFT RNG Software Application median
Gross margin 45.52% 71.83% 67.03%
Operating margin (1.77%) 6.72% 0.00%
Net margin 42.32% 4.27% 0.00%
Free cash flow margin 17.30% 22.31% 4.32%
Return on equity 152.58% (20.10%) 0.00%
Return on assets 39.59% 7.38% 0.00%
Return on invested capital (3.37%) 27.20% 0.00%

Growth

Metric LYFT RNG Software Application median
Revenue growth (TTM) 10.81% 5.22% 12.40%
EPS growth (last fiscal year) 11,250.00% 176.19% —
Revenue growth, 5-year CAGR 21.71% 16.27% 13.72%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric LYFT RNG Software Application median
Debt to equity 0.33 (1.84) 0.02
Current ratio 0.59 1.11 1.55
Net debt to EBITDA 7.05 2.19 0.06

Dividend

Metric LYFT RNG Software Application median
Dividend yield — — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric LYFT RNG Software Application median
Market cap 5.57b 6.67b 396.11m

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