Revenue != valuation

(but you might still be correct!)

I think it’s likely that a company with revenue in a year equal to another company’s total valuation might have a pretty high chance of having a higher valuation.

In 2011, Cargill was estimated to be worth $55 billion http://blogs.reuters.com/breakingviews/2011/01/20/cargill-va...

It's actually possible that your revenue is higher than your evaluation, because evaluation is mostly based on how much profit people think you will make in the future. It's true though that companies with big revenue often also have big inventory, and considering both usually yield an evaluation higher than the revenue.

Huawei is private and did about the same revenue as Google last year.