HIVE Digital Valuation
| HIVE Stock | USD 2.29 0.18 7.29% |
Based on Macroaxis valuation methodology, the firm appears to be overvalued. HIVE Digital Technologies retains a regular Real Value of $2.2 per share. The prevalent price of the firm is $2.29. Our model calculates the value of HIVE Digital Technologies from analyzing the firm fundamentals such as return on equity of 0.0762, and Return On Asset of 0.0145 as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting HIVE Digital's valuation include:
Price Book 0.9815 | Enterprise Value | Enterprise Value Ebitda 4.2882 | Price Sales 3.1786 | Forward PE 3.6179 |
Overvalued
Today
Please note that HIVE Digital's price fluctuation is dangerous at this time. Calculation of the real value of HIVE Digital Technologies is based on 3 months time horizon. Increasing HIVE Digital'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 Digital Technologies. Since HIVE Digital is currently traded on the exchange, buyers and sellers on that exchange determine the market value of HIVE Stock. However, HIVE Digital'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 2.29 | Real 2.2 | Target 7.5 | Hype 2.29 | Naive 1.64 |
The real value of HIVE Stock, also known as its intrinsic value, is the underlying worth of HIVE Digital Technologies Company, which is reflected in its stock price. It is based on HIVE Digital's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of HIVE Digital'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 Digital 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 Digital more accurately as focusing exclusively on HIVE Digital's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use HIVE Digital's intrinsic value based on its ongoing forecasts of HIVE Digital's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against HIVE Digital's closest peers. If more than one evaluation category is relevant for HIVE Digital we suggest using both methods to arrive at a better estimate.
HIVE Digital Cash |
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HIVE Valuation Drivers Correlation
Many accounts on the financial statements of HIVE Digital Technologies are highly interrelated and sometimes correlated. Consequently, when conducting HIVE's valuation analysis, one should examine all of the accounts reported to obtain a complete picture of its financial situation. We provide a unique feature to present a conventional correlation table purposely composed against different valuation-related drivers of HIVE
Click cells to compare fundamentals
HIVE Revenue by Product
HIVE Digital Total Value Analysis
HIVE Digital Technologies is currently anticipated to have valuation of 590.64 M with market capitalization of 614.27 M, debt of 55.16 M, and cash on hands of 11.93 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the HIVE Digital fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
590.64 M | 614.27 M | 55.16 M | 11.93 M |
HIVE Digital Investor Information
About 25.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.98. Some equities with similar Price to Book (P/B) outperform the market in the long run. HIVE Digital Technologies had not issued any dividends in recent years. The entity had 1:5 split on the 24th of May 2022. HIVE Digital Technologies is not in a good financial situation at this time. It has a very high probability of going through financial hardship in March.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Operating Profit Margin | 0.012 | 0.0126 |
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HIVE Digital Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. HIVE Digital has an asset utilization ratio of 21.69 percent. This indicates that the Company is making $0.22 for each dollar of assets. An increasing asset utilization means that HIVE Digital Technologies is more efficient with each dollar of assets it utilizes for everyday operations.HIVE Digital Profitability Analysis
Taking into consideration HIVE Digital's profitability measurements, HIVE Digital Technologies may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in March. Profitability indicators assess HIVE Digital's ability to earn profits and add value for shareholders.Net Loss | First Reported 2010-06-30 | Previous Quarter 35 M | Current Value -15.8 M | Quarterly Volatility 26.8 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.24 | 0.25 |
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| Operating Profit Margin | 0.012 | 0.0126 |
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For HIVE Digital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HIVE Digital Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HIVE Digital utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HIVE Digital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HIVE Digital over time as well as its relative position and ranking within its peers.
HIVE Digital Earnings per Share Projection vs Actual
By analyzing HIVE Digital's earnings estimates, investors can diagnose different trends across HIVE Digital's analyst sentiment over time as well as compare current EPS estimates against different timeframes. Please be aware that the consensus of earnings estimates for HIVE Digital Technologies is based on EPS before non-recurring items and includes expenses related to employee stock options.HIVE Digital Ownership Allocation
HIVE Digital Technologies has a total of 249.2 Million outstanding shares. Roughly 74.52 (percent) of HIVE Digital outstanding shares are held by general public with 0.36 % owned by insiders and only 25.12 pct. by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.HIVE Digital Profitability Analysis
The company reported the previous year's revenue of 115.28 M. Net Loss for the year was (3 M) with profit before overhead, payroll, taxes, and interest of 72.28 M.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates HIVE Digital's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in HIVE Digital and how it compares across the competition.
About HIVE Digital Valuation
The stock valuation mechanism determines HIVE Digital's current worth on a weekly basis. Our valuation model uses a comparative analysis of HIVE Digital. We calculate exposure to HIVE Digital's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of HIVE Digital's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 28.9 M | 52.1 M | |
| Pretax Profit Margin | 0.01 | 0.01 | |
| Operating Profit Margin | 0.01 | 0.01 | |
| Net Loss | (0.02) | (0.02) | |
| Gross Profit Margin | 0.25 | 0.24 |
HIVE Digital Growth Indicators
Investing in growth stocks can be very risky. If the company such as HIVE Digital does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 127.9 M | |
| Quarterly Earnings Growth Y O Y | -0.999 | |
| Forward Price Earnings | 3.6179 |
HIVE Digital Current Valuation Indicators
Valuation refers to the process of determining the present value of HIVE Digital Technologies and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value HIVE we look at many different elements of the entity such as HIVE's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as HIVE Digital, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use HIVE Digital's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes HIVE Digital's worth.Complementary Tools for HIVE Stock analysis
When running HIVE Digital's price analysis, check to measure HIVE Digital'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 Digital is operating at the current time. Most of HIVE Digital's value examination focuses on studying past and present price action to predict the probability of HIVE Digital'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 Digital's price. Additionally, you may evaluate how the addition of HIVE Digital to your portfolios can decrease your overall portfolio volatility.
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