Profitability
Weight: 25%
B-
68
Scored using loss ratio — insurer-archetype substitution.
- Loss Ratio 64.7%
- Loss Ratio Trend -3.08 pp/yr
LMND
Lemonade, Inc.
AlphaQuality composite grade, weighted for banks, insurers & asset managers businesses.
⚠ 5 of the last 5 fiscal years showed negative net income — AlphaQuality will not grade above F for persistent unprofitability in a banks, insurers & asset managers business.
Grade overrides the 30.0 pillar composite — hard gates always win.
Capital Efficiency
Weight: 15%
F
0
- 5yr Avg ROE -31.5%
- 5yr Share-Count CAGR 5.4%
Growth Quality
Weight: 10%
A+
100
Scored using premium growth cross-checked against loss-ratio trend — insurer-archetype substitution.
- 5yr Revenue CAGR (fallback) 50.9%
- Loss Ratio Trend (growth quality check) -3.08 pp/yr
- Revenue-Growth Years (5) 5/5
Cash Generation
Weight: 15%
A
91
Scored using reserve development and loss-ratio stability — insurer-archetype substitution.
- Reserve Development 5.7%
- Loss Ratio Stability (σ) 0.14
Balance Sheet
Weight: 25%
A+
94
Scored using premiums-to-surplus — insurer-archetype substitution.
- Premiums / Surplus 1.01x
- Interest Coverage (EBIT/Int) 30.00x
Stability
Weight: 10%
B
70
- Negative-Revenue Years (5) 0/5
- Piotroski F-Score 4
Guru Flow
Curated superinvestor sentiment — not part of the AlphaQuality grade.0 of 5 gurus held; 1 full exit.
- Holders
- 0 -5
- Avg Δ position
- —
- New buys
- 0
- Full exits
- 1
- Laffont sold -100%