Hut 8 Statistics
Total Valuation
Hut 8 has a market cap or net worth of $2.29 billion. The enterprise value is $2.57 billion.
Important Dates
The last earnings date was Wednesday, November 13, 2024, before market open.
| Earnings Date | Nov 13, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Hut 8 has 93.58 million shares outstanding. The number of shares has increased by 114.04% in one year.
| Current Share Class | 93.58M |
| Shares Outstanding | 93.58M |
| Shares Change (YoY) | +114.04% |
| Shares Change (QoQ) | +6.89% |
| Owned by Insiders (%) | 11.14% |
| Owned by Institutions (%) | 49.26% |
| Float | 74.01M |
Valuation Ratios
The trailing PE ratio is 12.79.
| PE Ratio | 12.79 |
| Forward PE | n/a |
| PS Ratio | 10.93 |
| Forward PS | 37.93 |
| PB Ratio | 3.25 |
| P/TBV Ratio | 3.62 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 14.21 |
| EV / Sales | 13.24 |
| EV / EBITDA | 10.51 |
| EV / EBIT | 12.77 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.00, with a Debt / Equity ratio of 0.48.
| Current Ratio | 1.00 |
| Quick Ratio | 0.73 |
| Debt / Equity | 0.48 |
| Debt / EBITDA | 1.38 |
| Debt / FCF | n/a |
| Interest Coverage | 8.15 |
Financial Efficiency
| Return on Equity (ROE) | n/a |
| Return on Assets (ROA) | n/a |
| Return on Capital (ROIC) | n/a |
| Revenue Per Employee | $885,941 |
| Profits Per Employee | $825,594 |
| Employee Count | 219 |
| Asset Turnover | n/a |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Hut 8 has paid $1.46 million in taxes.
| Income Tax | 1.46M |
| Effective Tax Rate | 0.76% |
Stock Price Statistics
The stock price has increased by +157.47% in the last 52 weeks. The beta is 3.45, so Hut 8's price volatility has been higher than the market average.
| Beta (5Y) | 3.45 |
| 52-Week Price Change | +157.47% |
| 50-Day Moving Average | 15.35 |
| 200-Day Moving Average | 11.90 |
| Relative Strength Index (RSI) | 68.68 |
| Average Volume (20 Days) | 8,002,846 |
Short Selling Information
The latest short interest is 12.73 million, so 13.60% of the outstanding shares have been sold short.
| Short Interest | 12.73M |
| Short Previous Month | 15.15M |
| Short % of Shares Out | 13.60% |
| Short % of Float | 17.20% |
| Short Ratio (days to cover) | 2.65 |
Income Statement
In the last 12 months, Hut 8 had revenue of $194.02 million and earned $180.81 million in profits. Earnings per share was $1.91.
| Revenue | 194.02M |
| Gross Profit | 93.10M |
| Operating Income | 201.27M |
| Pretax Income | 445.01M |
| Net Income | 180.81M |
| EBITDA | 244.53M |
| EBIT | 201.27M |
| Earnings Per Share (EPS) | $1.91 |
Full Income StatementBalance Sheet
The company has $72.28 million in cash and $343.97 million in debt, giving a net cash position of -$271.69 million or -$2.90 per share.
| Cash & Cash Equivalents | 72.28M |
| Total Debt | 343.97M |
| Net Cash | -271.69M |
| Net Cash Per Share | -$2.90 |
| Equity (Book Value) | 712.50M |
| Book Value Per Share | 7.53 |
| Working Capital | -226,000 |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$85.79 million and capital expenditures -$78.15 million, giving a free cash flow of -$163.94 million.
| Operating Cash Flow | -85.79M |
| Capital Expenditures | -78.15M |
| Free Cash Flow | -163.94M |
| FCF Per Share | -$1.75 |
Full Cash Flow StatementMargins
Gross margin is 47.98%, with operating and profit margins of 103.74% and 93.19%.
| Gross Margin | 47.98% |
| Operating Margin | 103.74% |
| Pretax Margin | 98.65% |
| Profit Margin | 93.19% |
| EBITDA Margin | 126.03% |
| EBIT Margin | 103.74% |
| FCF Margin | n/a |
Dividends & Yields
Hut 8 does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -114.04% |
| Shareholder Yield | -114.04% |
| Earnings Yield | 7.90% |
| FCF Yield | -7.16% |
Analyst Forecast
The average price target for Hut 8 is $32.60, which is 33.28% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $32.60 |
| Price Target Difference | 33.28% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Hut 8 has an Altman Z-Score of 2.38 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.38 |
| Piotroski F-Score | 2 |