Huckleberry.ai, Inc. (HUCK)
Market price: $2.92
2 valuation methods
- EV / Revenue: $1.42 to $6.73 (midpoint $3.13)
- EV / Gross Profit: $4.71 to $20.43 (midpoint $9.03)
How each method works
EV / Revenue: $1.42 to $6.73 (midpoint $3.13)
Values the whole business at a peer multiple of sales — used when earnings are thin, volatile, or not yet meaningful, so revenue is the most reliable yardstick.
- How it’s calculated
- We multiply the company's last-twelve-month revenue by the range of EV/Revenue multiples its peer group trades at, subtract net debt and any minority interests or preferred stock ranking ahead of common shareholders, and divide by shares outstanding for a per-share range.
- Why it fits this industry
- Software companies routinely reinvest every dollar into growth while margins mature, so recurring revenue is the sector's core yardstick of scale and value.
- Reading this bar
- The bar is the per-share value range this method implies: a conservative low, a central estimate, and an optimistic high. If the current price sits below the bar, the market is pricing the shares below what this method's inputs suggest; if it sits above, the market is pricing them higher. No single bar is a verdict — methods disagree for good reasons, so read the whole field together. A pound of revenue is worth more at a high margin than a low one, so the peer group here is narrowed to companies earning a similar margin wherever enough of them exist. Where too few do, the bar falls back to the wider group and is the bluntest of the multiples — weigh it alongside the earnings-based bars.
EV / Revenue = (0.53/0.77/1.28)× revenue 315,214,000 ≈ 166,878,199.29/243,689,912.20/404,720,868.32 (enterprise_value); enterprise_value -> per share: equity (63,346,199.29/140,157,912.20/301,188,868.32) / 44,729,000 shares [EV bridge: minus net debt 103,532,000]
EV / Gross Profit: $4.71 to $20.43 (midpoint $9.03)
Values the business at a peer multiple of gross profit — useful where reported operating costs vary a lot across peers but gross economics are comparable.
- How it’s calculated
- We take last-twelve-month gross profit (revenue minus the direct cost of the goods or services sold), multiply it by the peer range of EV/Gross-Profit multiples, subtract net debt and any minority interests or preferred stock ranking ahead of common shareholders, and divide by shares outstanding.
- Why it fits this industry
- Gross profit sits between revenue and operating earnings: it credits the margin a company's products earn while ignoring overhead and investment choices that legitimately differ across peers.
- Reading this bar
- The bar is the per-share value range this method implies: a conservative low, a central estimate, and an optimistic high. If the current price sits below the bar, the market is pricing the shares below what this method's inputs suggest; if it sits above, the market is pricing them higher. No single bar is a verdict — methods disagree for good reasons, so read the whole field together.
EV / Gross Profit = (1.32/2.13/4.28)× gross_profit 237,802,000 ≈ 314,364,940.29/507,584,332.40/1,017,562,434.65 (enterprise_value); enterprise_value -> per share: equity (210,832,940.29/404,052,332.40/914,030,434.65) / 44,729,000 shares [EV bridge: minus net debt 103,532,000]
4 methods not shown
- EV / EBITDA: EBITDA is non-positive — an EBITDA multiple yields no meaningful enterprise value (loss-making at the EBITDA line)
- P / E: diluted EPS is non-positive — P/E is not meaningful for a loss-making period
- P / B: book value per share is non-positive (negative common equity) — P/B is not meaningful
- DCF (FCFF): base unlevered FCF is non-positive (-18,299,957.76) — nothing to discount; a standard FCFF DCF does not apply
Pre-profit company — earnings-based methods not meaningful.
Limited data — fewer than three valuation methods could be formed for this company; showing every method we can stand behind.