Hive Blockchain Technologies Stock Current Valuation
| HIVE Stock | CAD 5.74 0.10 1.77% |
Valuation analysis of HIVE Blockchain Tech helps investors to measure HIVE Blockchain's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value Over EBITDA is likely to climb to 13.83 in 2024. Enterprise Value Multiple is likely to climb to 13.83 in 2024. Fundamental drivers impacting HIVE Blockchain's valuation include:
Price Book 1.8632 | Enterprise Value 722.5 M | Enterprise Value Ebitda 9.3358 | Price Sales 6.0209 | Forward PE 84.7458 |
Overvalued
Today
Please note that HIVE Blockchain's price fluctuation is risky at this time. Calculation of the real value of HIVE Blockchain Tech is based on 3 months time horizon. Increasing HIVE Blockchain's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the HIVE stock is determined by what a typical buyer is willing to pay for full or partial control of HIVE Blockchain Technologies. Since HIVE Blockchain is currently traded on the exchange, buyers and sellers on that exchange determine the market value of HIVE Stock. However, HIVE Blockchain's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 5.74 | Real 4.67 | Hype 5.63 | Naive 4.98 |
The intrinsic value of HIVE Blockchain's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence HIVE Blockchain's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of HIVE Blockchain Technologies helps investors to forecast how HIVE stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of HIVE Blockchain more accurately as focusing exclusively on HIVE Blockchain's fundamentals will not take into account other important factors: HIVE Blockchain Technologies Company Current Valuation Analysis
HIVE Blockchain's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current HIVE Blockchain Current Valuation | 722.48 M |
Most of HIVE Blockchain's fundamental indicators, such as Current Valuation, 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 Current Valuation 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 Current Valuation. 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.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, HIVE Blockchain Technologies has a Current Valuation of 722.48 M. This is 97.8% lower than that of the Capital Markets sector and 83.44% lower than that of the Financials industry. The current valuation for all Canada stocks is 95.65% higher than that of the company.
HIVE Current Valuation 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 Current Valuation 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 current valuation 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 | 722.48 M | ||||
| Shares Outstanding | 129.04 M | ||||
| Shares Owned By Insiders | 0.45 % | ||||
| Shares Owned By Institutions | 24.25 % | ||||
| Number Of Shares Shorted | 1.04 M | ||||
| Price To Earning | 41.57 X | ||||
| Price To Book | 1.86 X | ||||
| Price To Sales | 6.02 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 | 1.21 X | ||||
| Earnings Per Share | (0.18) X | ||||
| Target Price | 9.36 | ||||
| Number Of Employees | 20 | ||||
| Beta | 4.24 | ||||
| Market Capitalization | 740.7 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.
Thematic Opportunities
Explore Investment Opportunities
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.