HYRECAR INC (HYRE) Fundamental Analysis & Valuation

NASDAQ:HYRE • US44916T1079

Current stock price

0.46 USD
-0.02 (-3.46%)
At close:
0.48 USD
+0.02 (+4.35%)
After Hours:

This HYRE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

1

1. HYRE Profitability Analysis

1.1 Basic Checks

  • In the past year HYRE has reported negative net income.
  • In the past year HYRE has reported a negative cash flow from operations.
HYRE Yearly Net Income VS EBIT VS OCF VS FCFHYRE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 -5M -10M -15M -20M -25M

1.2 Ratios

  • HYRE has negative profitability rations, so we won't be analyzing them here.
Industry RankSector 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
HYRE Yearly ROA, ROE, ROICHYRE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 0 200 -200 -400 -600

1.3 Margins

  • The Gross Margin of HYRE (34.55%) is comparable to the rest of the industry.
  • 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 RankSector 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%
HYRE Yearly Profit, Operating, Gross MarginsHYRE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 0 -50 -100 -150

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4

2. HYRE Health Analysis

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.
  • HYRE has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
HYRE Yearly Shares OutstandingHYRE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 5M 10M 15M 20M
HYRE Yearly Total Debt VS Total AssetsHYRE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 5M 10M 15M

2.2 Solvency

  • HYRE has an Altman-Z score of -7.87. This is a bad value and indicates that HYRE is not financially healthy and even has some risk of bankruptcy.
  • With a Altman-Z score value of -7.87, HYRE is not doing good in the industry: 76.74% of the companies in the same industry are doing better.
  • HYRE has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z -7.87
ROIC/WACCN/A
WACC10.13%
HYRE Yearly LT Debt VS Equity VS FCFHYRE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 0 5M -5M -10M -15M

2.3 Liquidity

  • HYRE has a Current 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.
  • HYRE has a worse Current ratio (0.92) than 65.12% of its industry peers.
  • A Quick Ratio of 0.92 indicates that HYRE may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.92, HYRE is not doing good in the industry: 62.79% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.92
Quick Ratio 0.92
HYRE Yearly Current Assets VS Current LiabilitesHYRE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 5M 10M 15M

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7

3. HYRE Growth Analysis

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.
  • Looking at the last year, HYRE shows a very strong growth in Revenue. 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 Q2Q%20.69%
Revenue 1Y (TTM)20.11%
Revenue growth 3Y54%
Revenue growth 5Y133.01%
Sales Q2Q%6.43%

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.
  • The Revenue is expected to grow by 29.86% on average over the next years. This is a very strong growth
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

  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
HYRE Yearly Revenue VS EstimatesHYRE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M
HYRE Yearly EPS VS EstimatesHYRE Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 -0.5 -1

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1

4. HYRE Valuation Analysis

4.1 Price/Earnings Ratio

  • HYRE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for HYRE. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
HYRE Price Earnings VS Forward Price EarningsHYRE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60 80 100

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
HYRE Per share dataHYRE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 -0.5 1

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

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. HYRE Dividend Analysis

5.1 Amount

  • No dividends for HYRE!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

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HYRE Fundamentals: All Metrics, Ratios and Statistics

HYRECAR INC

NASDAQ:HYRE (2/2/2023, 8:03:32 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)11-14
Earnings (Next)03-13
Inst Owners0%
Inst Owner ChangeN/A
Ins Owners25.26%
Ins Owner Change0%
Market Cap14.77M
Revenue(TTM)39.89M
Net Income(TTM)-18.36M
Analysts84
Price Target5.44 (1082.61%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.98%
Min EPS beat(2)-20.26%
Max EPS beat(2)18.3%
EPS beat(4)3
Avg EPS beat(4)12.15%
Min EPS beat(4)-20.26%
Max EPS beat(4)49.63%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2%
Min Revenue beat(2)-2.5%
Max Revenue beat(2)-1.5%
Revenue beat(4)0
Avg Revenue beat(4)-3.77%
Min Revenue beat(4)-9.23%
Max Revenue beat(4)-1.5%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)12.28%
PT rev (3m)-4.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-12.17%
EPS NY rev (1m)0%
EPS NY rev (3m)-7.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.47%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.08%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.37
P/FCF N/A
P/OCF N/A
P/B 6.94
P/tB 9.16
EV/EBITDA N/A
EPS(TTM)-0.81
EYN/A
EPS(NY)-0.36
Fwd EYN/A
FCF(TTM)-0.38
FCFYN/A
OCF(TTM)-0.37
OCFYN/A
SpS1.24
BVpS0.07
TBVpS0.05
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA N/A
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 34.55%
FCFM 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
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
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%
F-Score4
Asset Turnover2.27
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.92
Quick Ratio 0.92
Altman-Z -7.87
F-Score4
WACC10.13%
ROIC/WACCN/A
Cap/Depr(3y)0%
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)42.96%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%20.69%
EPS Next Y30.64%
EPS Next 2Y30.94%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)20.11%
Revenue growth 3Y54%
Revenue growth 5Y133.01%
Sales Q2Q%6.43%
Revenue Next Year13.78%
Revenue Next 2Y29.86%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y27.75%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year46.5%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-44.14%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-40.88%
OCF growth 3YN/A
OCF growth 5YN/A

HYRECAR INC / HYRE Fundamental Analysis FAQ

What is the fundamental rating for HYRE stock?

ChartMill assigns a fundamental rating of 3 / 10 to HYRE.


What is the valuation status for HYRE stock?

ChartMill assigns a valuation rating of 1 / 10 to HYRECAR INC (HYRE). This can be considered as Overvalued.


Can you provide the profitability details for HYRECAR INC?

HYRECAR INC (HYRE) has a profitability rating of 1 / 10.


What is the expected EPS growth for HYRECAR INC (HYRE) stock?

The Earnings per Share (EPS) of HYRECAR INC (HYRE) is expected to grow by 30.64% in the next year.