Buy LYFT by Nov 16, 2026.

The PEG ratio tries to blend valuation and growth, but I have a few problems with it. First I use true FCF not reported earnings. Second, true FCF is too erratic year to year so I use three-year revenue CAGR as a more stable growth proxy. So I came up with FEG: price-to-true-FCF divided by three-year revenue CAGR. But FEG still doesn't tell you when you get paid. A P/E of 10 is intuitive - you get your money back …