HYRECAR INC (HYRE)
US44916T1079 - Common Stock
HYRE gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 36 industry peers in the Ground Transportation industry. HYRE scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. HYRE is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
HYRE had negative earnings in the past year.
In the past year HYRE has reported a negative cash flow from operations.
HYRE had negative earnings in each of the past 5 years.
HYRE had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
HYRE has negative profitability rations, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROIC | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HYRE's Gross Margin of 34.55% is in line compared to the rest of the industry. HYRE outperforms 48.84% of its industry peers.
HYRE's Gross Margin has improved in the last couple of years.
The Profit Margin and Operating Margin are not available for HYRE so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 34.55% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-16.82%
GM growth 5Y9.59%
2. Health
2.1 Basic Checks
HYRE does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for HYRE has been increased compared to 1 year ago.
There is no outstanding debt for HYRE. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
Based on the Altman-Z score of -7.87, we must say that HYRE is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of HYRE (-7.87) is worse than 76.74% of its industry peers.
HYRE has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -7.87 |
ROIC/WACCN/A
WACC10.13%
2.3 Liquidity
A Current Ratio of 0.92 indicates that HYRE may have some problems paying its short term obligations.
HYRE has a Current ratio of 0.92. This is in the lower half of the industry: HYRE underperforms 65.12% of its industry peers.
HYRE has a Quick Ratio of 0.92. This is a bad value and indicates that HYRE is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of HYRE (0.92) is worse than 62.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.92 |
3. Growth
3.1 Past
HYRE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 42.96%, which is quite impressive.
HYRE shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.11%.
The Revenue has been growing by 133.01% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)42.96%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q20.69%
Revenue 1Y (TTM)20.11%
Revenue growth 3Y54%
Revenue growth 5Y133.01%
Revenue growth Q2Q6.43%
3.2 Future
Based on estimates for the next years, HYRE will show a very strong growth in Earnings Per Share. The EPS will grow by 30.94% on average per year.
HYRE is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 29.86% yearly.
EPS Next Y30.64%
EPS Next 2Y30.94%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year13.78%
Revenue Next 2Y29.86%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for HYRE. In the last year negative earnings were reported.
Also next year HYRE is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as HYRE's earnings are expected to grow with 30.94% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y30.94%
EPS Next 3YN/A
5. Dividend
5.1 Amount
HYRE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
HYRECAR INC
NASDAQ:HYRE (2/2/2023, 7:03:32 PM)
After market: 0.48 +0.02 (+4.35%)0.46
-0.02 (-3.46%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap14.77M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 34.55% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover2.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.92 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)42.96%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y30.64%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)20.11%
Revenue growth 3Y54%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y