As of 2024-12-12, the Fair Value of HyreCar Inc (HYRE) is -79.12 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 0.46 USD, the upside of HyreCar Inc is -17,299.57%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2019-12-31 | 2020-12-31 | 2021-12-31 | - | - | 5Y Avg | |
| Net income | -15.22 | -25.95 | - | - | -20.59 | |
| YoY growth | -21.59% | -70.51% | - | - | -46.05% | |
| Market Cap (mil) | 0.75 |
| P/E | |
| Forward P/E |
| EPS | -15.82 |
| Avg earnings growth rate | -46.05% |
| TTM earnings | -25.95 |