NYSE
According to Zyberno, Stride, Inc. (LRN) shows a Value Trap signal — GREAT BUSINESS (82/100) with an apparent Margin of Safety of +64.1%, but a Brina Gap of -6.8% reveals the current price still assumes faster growth than the business can deliver.
According to Zyberno's DCF model, Stride, Inc. (LRN) trades at $86.84 against an estimated intrinsic value per share of $242.05 — a +64.1% Margin of Safety based on Owner Earnings of $432.72M TTM, projected at 14.3% growth for 10 years with a 2.5% terminal growth rate. The Brina Gap of -6.8% weakens the case: based on the company's ROIC (25.9%) and reinvestment rate (-35.8%), the business can fundamentally grow at -9.3% — but the current enterprise value implies the market expects -2.5%. This places LRN in the Value Trap quadrant of the Brina Matrix — a value-trap signal where the apparent discount is undermined by overpriced growth expectations. Zyberno's model translates this into a 5-year expected return of 40.3% annually.
Over the trailing twelve months, LRN generated $432.72M in Owner Earnings. Capital was deployed as follows: $587.00K invested in capital expenditures. Reinvestment rate: -35.8%. Owner Earnings have grown at 14.3% annually over the trailing five years using log-linear regression.