Hive Blockchain Technologies Stock Current Valuation
| HIVE Stock | USD 3.93 0.16 3.91% |
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. The current year's Enterprise Value Over EBITDA is expected to grow to 13.83. The current year's Enterprise Value Multiple is expected to grow to 13.83. Fundamental drivers impacting HIVE Blockchain's valuation include:
Price Book 1.8142 | Enterprise Value 506.5 M | Enterprise Value Ebitda 9.1452 | Price Sales 4.1477 | Forward PE 84.7458 |
Undervalued
Today
Please note that HIVE Blockchain's price fluctuation is unstable 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 3.93 | Real 4.79 | Target 6.25 | Hype 4.05 |
The real value of HIVE Stock, also known as its intrinsic value, is the underlying worth of HIVE Blockchain Tech Company, which is reflected in its stock price. It is based on HIVE Blockchain's financial performance, growth prospects, management team, or industry conditions. 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, or news.
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 | 506.45 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
HIVE Current Valuation Historical Pattern
Today, most investors in HIVE Blockchain Stock are looking for potential investment opportunities by analyzing not only static indicators but also various HIVE Blockchain's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of HIVE Blockchain current valuation as a starting point in their analysis.
HIVE Blockchain Current Valuation |
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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 506.45 M. This is 98.46% lower than that of the Capital Markets sector and 88.39% lower than that of the Financials industry. The current valuation for all United States stocks is 96.95% 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 Blockchain ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, HIVE Blockchain's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to HIVE Blockchain's managers, analysts, and investors.Environmental | Governance | Social |
HIVE Fundamentals
| Return On Equity | -0.0736 | ||||
| Return On Asset | -0.0847 | ||||
| Profit Margin | (0.12) % | ||||
| Operating Margin | (0.92) % | ||||
| Current Valuation | 506.45 M | ||||
| Shares Outstanding | 129.04 M | ||||
| Shares Owned By Insiders | 0.45 % | ||||
| Shares Owned By Institutions | 24.25 % | ||||
| Number Of Shares Shorted | 4.31 M | ||||
| Price To Earning | 7.93 X | ||||
| Price To Book | 1.81 X | ||||
| Price To Sales | 4.15 X | ||||
| Revenue | 114.47 M | ||||
| Gross Profit | 163.93 M | ||||
| EBITDA | 24.48 M | ||||
| Net Income | (51.2 M) | ||||
| Cash And Equivalents | 11.93 M | ||||
| Cash Per Share | 0.14 X | ||||
| Total Debt | 30.72 M | ||||
| Debt To Equity | 0.15 % | ||||
| Current Ratio | 3.11 X | ||||
| Book Value Per Share | 2.36 X | ||||
| Cash Flow From Operations | 13.53 M | ||||
| Short Ratio | 1.71 X | ||||
| Earnings Per Share | (0.13) X | ||||
| Price To Earnings To Growth | (11.10) X | ||||
| Target Price | 7.83 | ||||
| Number Of Employees | 20 | ||||
| Beta | 4.24 | ||||
| Market Capitalization | 510.26 M | ||||
| Total Asset | 307.58 M | ||||
| Retained Earnings | (347.87 M) | ||||
| Working Capital | 157.87 M | ||||
| Current Asset | 134.3 M | ||||
| Current Liabilities | 54.89 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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether HIVE Blockchain Tech is a strong investment it is important to analyze HIVE Blockchain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact HIVE Blockchain's future performance. For an informed investment choice regarding HIVE Stock, refer to the following important reports:Check out HIVE Blockchain Piotroski F Score and HIVE Blockchain Altman Z Score analysis. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HIVE Blockchain. If investors know HIVE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HIVE Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.217 | Earnings Share (0.13) | Revenue Per Share 1.171 | Quarterly Revenue Growth (0.01) | Return On Assets (0.08) |
The market value of HIVE Blockchain Tech is measured differently than its book value, which is the value of HIVE that is recorded on the company's balance sheet. Investors also form their own opinion of HIVE Blockchain's value that differs from its market value or its book value, called intrinsic value, which is HIVE Blockchain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HIVE Blockchain's market value can be influenced by many factors that don't directly affect HIVE Blockchain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HIVE Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if HIVE Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HIVE Blockchain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.