Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hyperliquid Strategies's Enterprise Value is $1,604.81 Mil.
Hyperliquid Strategies does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Mar. 2026. Therefore, GuruFocus does not calculate Hyperliquid Strategies's EV-to-EBIT at this moment.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hyperliquid Strategies's Enterprise Value is $1,604.81 Mil.
Hyperliquid Strategies does not have enough years/quarters to calculate its EBITDA for the trailing twelve months (TTM) ended in Mar. 2026. Therefore, GuruFocus does not calculate Hyperliquid Strategies's EV-to-EBITDA at this moment.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hyperliquid Strategies's Enterprise Value is $1,604.81 Mil.
Hyperliquid Strategies does not have enough years/quarters to calculate its Revenue for the trailing twelve months (TTM) ended in Mar. 2026. Therefore, GuruFocus does not calculate Hyperliquid Strategies's EV-to-Revenue at this moment.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Hyperliquid Strategies's Enterprise Value is $1,604.81 Mil.
Hyperliquid Strategies does not have enough years/quarters to calculate its Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026. Therefore, GuruFocus does not calculate Hyperliquid Strategies's EV-to-FCF at this moment.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Hyperliquid Strategies (NAS:PURR) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
Hyperliquid Strategies Enterprise Value Related Terms
Hyperliquid Strategies Enterprise Value Historical Data
* Premium members only.
The historical data trend for Hyperliquid Strategies's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hyperliquid Strategies Enterprise Value Chart
Hyperliquid Strategies Annual Data
Trend
Enterprise Value
Hyperliquid Strategies Quarterly Data
Jun25
Sep25
Dec25
Mar26
Enterprise Value
0.00
0.00
159.85
519.22
PURR vs PWP, GOLD, SBET: Enterprise Value Comparison
For the Capital Markets subindustry, Hyperliquid Strategies's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hyperliquid Strategies Enterprise Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Hyperliquid Strategies's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Hyperliquid Strategies's Enterprise Value falls into.
Hyperliquid Strategies Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Hyperliquid Strategies's Enterprise Value for the fiscal year that ended in . 20 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Enterprise Value of $1,604.81 Mil mean?
Hyperliquid Strategies (PURR) has a Enterprise Value of $1,604.81 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Hyperliquid Strategies and its competitors.
Is Hyperliquid Strategies' Enterprise Value too high?
Hyperliquid Strategies' current Enterprise Value is $1,604.81 Mil. Overall, Hyperliquid Strategies has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Hyperliquid Strategies' Enterprise Value compare to PWP and GOLD?
Hyperliquid Strategies' Enterprise Value of $1,604.81 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Capital Markets company?
A good Enterprise Value depends on the Capital Markets industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Hyperliquid Strategies and its competitors. Hyperliquid Strategies's current Enterprise Value is $1,604.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hyperliquid Strategies stock overvalued right now?
Hyperliquid Strategies (PURR) has a current Enterprise Value of $1,604.81 Mil. The current Enterprise Value is $1,604.81 Mil. Hyperliquid Strategies' overall GF Score™ is 13/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Hyperliquid Strategies (PURR), the current Enterprise Value is $1,604.81 Mil as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Address477 Madison Avenue, 22nd Floor, New York, NY, USA, 10022
Hyperliquid Strategies Inc is a digital asset treasury company whose primary focus is to maximize shareholder value through accumulating HYPE, the native token of Hyperliquid, a high-performance blockchain custom-built to house all of finance. HSI aims to provide capital-efficient and productive access to the HYPE token for U.S. and institutional investors, generating compounding shareholder returns that individual holders may not be able to replicate through staking, yield optimization, and active ecosystem engagement. HSI is positioned to become the largest HYPE-focused digital asset treasury vehicle capitalizing on Hyperliquid's rapid growth and providing exposure to one of the largest and fastest growing revenue pools in digital assets.
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