Hut 8 Valuation
| HUT Stock | CAD 21.33 0.52 2.50% |
At this time, the firm appears to be overvalued. Hut 8 Mining retains a regular Real Value of C$20.48 per share. The prevalent price of the firm is C$21.33. Our model calculates the value of Hut 8 Mining from evaluating the firm fundamentals such as Return On Equity of -1.14, current valuation of 2.39 B, and Return On Asset of -0.0323 as well as inspecting its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Hut 8's valuation include:
Price Book 1.9651 | Enterprise Value | Enterprise Value Ebitda (88.58) | Price Sales 10.3013 | Forward PE 32.7869 |
Overvalued
Today
Please note that Hut 8's price fluctuation is somewhat reliable at this time. Calculation of the real value of Hut 8 Mining is based on 3 months time horizon. Increasing Hut 8's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Hut 8 is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Hut Stock. However, Hut 8'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 21.33 | Real 20.48 | Hype 19.43 | Naive 21.43 |
The intrinsic value of Hut 8'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 Hut 8'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 Hut 8 Mining helps investors to forecast how Hut 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 Hut 8 more accurately as focusing exclusively on Hut 8'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 Hut 8's intrinsic value based on its ongoing forecasts of Hut 8's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Hut 8's closest peers.
Hut 8 Cash |
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Hut Valuation Trend
Knowing Hut 8's actual value is paramount for traders when making sound investment determinations. Using both Hut 8's enterprise value as well as its market capitalization is the best way to estimate the value of the company and is usually enough for investors to make market timing decisions.
Hut 8 Total Value Analysis
Hut 8 Mining is currently anticipated to have takeover price of 2.39 B with market capitalization of 2 B, debt of 268.75 M, and cash on hands of 60.13 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Hut 8 fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
2.39 B | 2 B | 268.75 M | 60.13 M |
Hut 8 Investor Information
About 53.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.97. Some equities with similar Price to Book (P/B) outperform the market in the long run. Hut 8 Mining recorded a loss per share of 1.13. The entity had not issued any dividends in recent years. The firm had 1:5 split on the 4th of December 2023. Based on the key measurements obtained from Hut 8's financial statements, Hut 8 Mining is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in April.Hut 8 Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Hut 8 has an asset utilization ratio of 8.37 percent. This suggests that the Company is making C$0.0837 for each dollar of assets. An increasing asset utilization means that Hut 8 Mining is more efficient with each dollar of assets it utilizes for everyday operations.Hut 8 Ownership Allocation
Hut 8 Mining has a total of 93.68 Million outstanding shares. Over half of Hut 8's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Hut 8 Mining. Please watch out for any change in the institutional holdings of Hut 8 as this could mean something significant has changed or is about to change at the company. Also note that almost twelve million four hundred eighty-seven thousand three hundred seventy-one invesors are currently shorting Hut 8 expressing very little confidence in its future performance.Hut 8 Profitability Analysis
The company reported the revenue of 81.8 M. Net Income was 8.38 M with profit before overhead, payroll, taxes, and interest of 93.09 M.About Hut 8 Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Hut 8 Mining. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Hut 8 Mining based exclusively on its fundamental and basic technical indicators. By analyzing Hut 8's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Hut 8's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hut 8. We calculate exposure to Hut 8's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Hut 8's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 24.3 M | 25.6 M | |
| Pretax Profit Margin | 0.09 | 0.09 | |
| Operating Profit Margin | (0.19) | (0.20) | |
| Net Profit Margin | 0.18 | 0.19 | |
| Gross Profit Margin | 0.30 | 0.31 |
Other Information on Investing in Hut Stock
Hut 8 financial ratios help investors to determine whether Hut Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hut with respect to the benefits of owning Hut 8 security.