Hut 8 Corp Stock Price To Earning

HUT Stock

USD 12.90 0.02 0.15%

Hut 8 Corp fundamentals help investors to digest information that contributes to Hut 8's financial success or failures. It also enables traders to predict the movement of Hut Stock. The fundamental analysis module provides a way to measure Hut 8'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 Hut 8 stock.

Total Stockholder Equity Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Hut 8 Corp Company Price To Earning Analysis

Hut 8's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Hut 8 Price To Earning

3.08 X

Most of Hut 8's fundamental indicators, such as Price To Earning, 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, Hut 8 Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Hut Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Hut 8 is extremely important. It helps to project a fair market value of Hut Stock properly, considering its historical fundamentals such as Price To Earning. Since Hut 8'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 Hut 8'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 Hut 8's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Total Current Assets	Common Stock	Total Liab	Retained Earnings	Net Receivables	Net Invested Capital	Net Working Capital	Net Tangible Assets	Accounts Payable	Property Plant Equipment	Long Term Debt	Short Long Term Debt	Capital Stock	Short Term Debt	Intangible Assets	Short Term Investments	Current Deferred Revenue
Total Assets		1.0	0.79	0.72	0.08	0.98	0.38	0.96	0.99	0.53	0.72	0.5	0.93	0.92	0.95	-0.17	0.95	0.76	-0.33	-0.77
Total Stockholder Equity	1.0		0.74	0.77	0.16	0.96	0.31	0.94	0.98	0.6	0.77	0.48	0.94	0.88	0.93	-0.08	0.93	0.75	-0.25	-0.79
Net Debt	0.79	0.74		0.16	-0.36	0.86	0.47	0.91	0.84	-0.04	0.26	0.6	0.7	0.94	0.91	-0.58	0.92	0.81	-0.75	-0.74
Total Current Assets	0.72	0.77	0.16		0.65	0.6	-0.1	0.52	0.65	0.95	0.92	0.14	0.76	0.39	0.52	0.49	0.51	0.36	0.38	-0.51
Common Stock	0.08	0.16	-0.36	0.65		-0.09	-0.77	-0.09	0.02	0.76	0.62	-0.11	0.36	-0.28	-0.13	0.94	-0.14	-0.06	0.87	-0.27
Total Liab	0.98	0.96	0.86	0.6	-0.09		0.5	0.98	0.98	0.38	0.6	0.53	0.87	0.96	0.97	-0.33	0.97	0.75	-0.48	-0.73
Retained Earnings	0.38	0.31	0.47	-0.1	-0.77	0.5		0.46	0.35	-0.33	-0.21	0.06	0.03	0.56	0.44	-0.78	0.45	0.12	-0.76	0.04
Net Receivables	0.96	0.94	0.91	0.52	-0.09	0.98	0.46		0.96	0.3	0.53	0.52	0.88	0.96	0.96	-0.34	0.97	0.76	-0.52	-0.8
Net Invested Capital	0.99	0.98	0.84	0.65	0.02	0.98	0.35	0.96		0.48	0.7	0.57	0.92	0.95	0.97	-0.22	0.98	0.84	-0.39	-0.8
Net Working Capital	0.53	0.6	-0.04	0.95	0.76	0.38	-0.33	0.3	0.48		0.93	0.11	0.64	0.19	0.34	0.65	0.32	0.32	0.56	-0.39
Net Tangible Assets	0.72	0.77	0.26	0.92	0.62	0.6	-0.21	0.53	0.7	0.93		0.35	0.8	0.45	0.57	0.44	0.56	0.61	0.32	-0.62
Accounts Payable	0.5	0.48	0.6	0.14	-0.11	0.53	0.06	0.52	0.57	0.11	0.35		0.55	0.59	0.54	-0.28	0.56	0.73	-0.37	-0.48
Property Plant Equipment	0.93	0.94	0.7	0.76	0.36	0.87	0.03	0.88	0.92	0.64	0.8	0.55		0.78	0.84	0.11	0.85	0.75	-0.08	-0.89
Long Term Debt	0.92	0.88	0.94	0.39	-0.28	0.96	0.56	0.96	0.95	0.19	0.45	0.59	0.78		0.97	-0.5	0.98	0.82	-0.66	-0.72
Short Long Term Debt	0.95	0.93	0.91	0.52	-0.13	0.97	0.44	0.96	0.97	0.34	0.57	0.54	0.84	0.97		-0.38	1.0	0.83	-0.54	-0.76
Capital Stock	-0.17	-0.08	-0.58	0.49	0.94	-0.33	-0.78	-0.34	-0.22	0.65	0.44	-0.28	0.11	-0.5	-0.38		-0.39	-0.27	0.97	-0.08
Short Term Debt	0.95	0.93	0.92	0.51	-0.14	0.97	0.45	0.97	0.98	0.32	0.56	0.56	0.85	0.98	1.0	-0.39		0.84	-0.56	-0.78
Intangible Assets	0.76	0.75	0.81	0.36	-0.06	0.75	0.12	0.76	0.84	0.32	0.61	0.73	0.75	0.82	0.83	-0.27	0.84		-0.43	-0.76
Short Term Investments	-0.33	-0.25	-0.75	0.38	0.87	-0.48	-0.76	-0.52	-0.39	0.56	0.32	-0.37	-0.08	-0.66	-0.54	0.97	-0.56	-0.43		0.14
Current Deferred Revenue	-0.77	-0.79	-0.74	-0.51	-0.27	-0.73	0.04	-0.8	-0.8	-0.39	-0.62	-0.48	-0.89	-0.72	-0.76	-0.08	-0.78	-0.76	0.14

Click cells to compare fundamentals

Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

Competition

Predict Hut 8

Hut Retained Earnings

Retained Earnings

243.21 Million

At this time, Hut 8's Retained Earnings are comparatively stable compared to the past year.

Based on the latest financial disclosure, Hut 8 Corp has a Price To Earning of 3.08 times. This is 83.15% lower than that of the Capital Markets sector and 93.37% lower than that of the Financials industry. The price to earning for all United States stocks is 89.28% higher than that of the company.

Hut Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hut 8's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hut 8 could also be used in its relative valuation, which is a method of valuing Hut 8 by comparing valuation metrics of similar companies.

Hut 8 is currently under evaluation in price to earning category among its peers.

Hut Fundamentals

	Return On Equity	-1.23
	Return On Asset	-0.0425
	Profit Margin	1.02 %
	Operating Margin	(2.40) %
	Current Valuation	1.6 B
	Shares Outstanding	93.39 M
	Shares Owned By Insiders	58.66 %
	Shares Owned By Institutions	57.48 %
	Number Of Shares Shorted	9.86 M
	Price To Earning	3.08 X
	Price To Book	1.37 X
	Price To Sales	8.26 X
	Revenue	671.72 M
	Gross Profit	(24.97 M)
	EBITDA	254.5 M
	Net Income	331.88 M
	Cash And Equivalents	33.02 M
	Cash Per Share	0.17 X
	Total Debt	64.97 M
	Debt To Equity	0.10 %
	Current Ratio	9.57 X
	Book Value Per Share	7.26 X
	Cash Flow From Operations	(68.53 M)
	Short Ratio	2.65 X
	Earnings Per Share	(0.78) X
	Target Price	24.95
	Number Of Employees	222
	Beta	3.45
	Market Capitalization	2.23 B
	Total Asset	1.52 B
	Retained Earnings	231.63 M
	Working Capital	102.89 M
	Net Asset	1.52 B

About Hut 8 Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hut 8 Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hut 8 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hut 8 Corp 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

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Hut Stock Analysis

When running Hut 8's price analysis, check to measure Hut 8'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 Hut 8 is operating at the current time. Most of Hut 8's value examination focuses on studying past and present price action to predict the probability of Hut 8's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hut 8's price. Additionally, you may evaluate how the addition of Hut 8 to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC