Hive Blockchain Technologies Stock Fundamentals
| HIVE Stock | CAD 5.51 0.23 4.01% |
HIVE Blockchain Technologies fundamentals help investors to digest information that contributes to HIVE Blockchain's financial success or failures. It also enables traders to predict the movement of HIVE Stock. The fundamental analysis module provides a way to measure HIVE Blockchain's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to HIVE Blockchain stock.
At this time, HIVE Blockchain's Net Income Applicable To Common Shares is fairly stable compared to the past year. Tax Provision is likely to climb to about 6.5 M in 2024, despite the fact that EBIT is likely to grow to (50.6 M). HIVE | Select Account or Indicator |
HIVE Blockchain Technologies Company Profit Margin Analysis
HIVE Blockchain's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current HIVE Blockchain Profit Margin | (0.12) % |
Most of HIVE Blockchain's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, HIVE Blockchain Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
HIVE Profit Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for HIVE Blockchain is extremely important. It helps to project a fair market value of HIVE Stock properly, considering its historical fundamentals such as Profit Margin. Since HIVE Blockchain's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of HIVE Blockchain's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of HIVE Blockchain's interrelated accounts and indicators.
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In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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HIVE Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, HIVE Blockchain Technologies has a Profit Margin of -0.1204%. This is 101.03% lower than that of the Capital Markets sector and 92.47% lower than that of the Financials industry. The profit margin for all Canada stocks is 90.52% lower than that of the firm.
HIVE Blockchain Tech Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining HIVE Blockchain's current stock value. Our valuation model uses many indicators to compare HIVE Blockchain value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across HIVE Blockchain competition to find correlations between indicators driving HIVE Blockchain's intrinsic value. More Info.HIVE Blockchain Technologies is rated # 2 in return on equity category among its peers. It is one of the top stocks in return on asset category among its peers . At this time, HIVE Blockchain's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the HIVE Blockchain's earnings, one of the primary drivers of an investment's value.HIVE Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses HIVE Blockchain's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of HIVE Blockchain could also be used in its relative valuation, which is a method of valuing HIVE Blockchain by comparing valuation metrics of similar companies.HIVE Blockchain is currently under evaluation in profit margin category among its peers.
HIVE Fundamentals
| Return On Equity | -0.0736 | ||||
| Return On Asset | -0.0847 | ||||
| Profit Margin | (0.12) % | ||||
| Operating Margin | (0.92) % | ||||
| Current Valuation | 735.38 M | ||||
| Shares Outstanding | 129.04 M | ||||
| Shares Owned By Insiders | 0.45 % | ||||
| Shares Owned By Institutions | 24.25 % | ||||
| Number Of Shares Shorted | 606.16 K | ||||
| Price To Earning | 41.57 X | ||||
| Price To Book | 1.90 X | ||||
| Price To Sales | 5.78 X | ||||
| Revenue | 114.47 M | ||||
| Gross Profit | 163.93 M | ||||
| EBITDA | 12.68 M | ||||
| Net Income | (51.2 M) | ||||
| Cash And Equivalents | 1.3 M | ||||
| Total Debt | 30.72 M | ||||
| Debt To Equity | 0.13 % | ||||
| Current Ratio | 2.91 X | ||||
| Book Value Per Share | 2.36 X | ||||
| Cash Flow From Operations | 13.53 M | ||||
| Short Ratio | 0.52 X | ||||
| Earnings Per Share | (0.18) X | ||||
| Target Price | 9.36 | ||||
| Number Of Employees | 20 | ||||
| Beta | 4.24 | ||||
| Market Capitalization | 711.02 M | ||||
| Total Asset | 307.58 M | ||||
| Retained Earnings | (347.87 M) | ||||
| Working Capital | 157.87 M | ||||
| Net Asset | 307.58 M |
About HIVE Blockchain Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze HIVE Blockchain Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HIVE Blockchain using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HIVE Blockchain Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | -851.4 K | -808.8 K | |
| Total Revenue | 114.5 M | 58.6 M | |
| Cost Of Revenue | 143.5 M | 150.6 M | |
| Stock Based Compensation To Revenue | 0.06 | 0.12 | |
| Sales General And Administrative To Revenue | 0.17 | 0.14 | |
| Research And Ddevelopement To Revenue | 1.96 | 1.20 | |
| Capex To Revenue | 0.69 | 0.66 | |
| Revenue Per Share | 1.27 | 1.21 | |
| Ebit Per Revenue | 0.17 | 0.18 |
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Additional Tools for HIVE Stock Analysis
When running HIVE Blockchain's price analysis, check to measure HIVE Blockchain's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HIVE Blockchain is operating at the current time. Most of HIVE Blockchain's value examination focuses on studying past and present price action to predict the probability of HIVE Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HIVE Blockchain's price. Additionally, you may evaluate how the addition of HIVE Blockchain to your portfolios can decrease your overall portfolio volatility.