Hut 8 Statistics

Total Valuation

Hut 8 has a market cap or net worth of $2.52 billion. The enterprise value is $2.79 billion.

Market Cap	2.52B
Enterprise Value	2.79B

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 93.68 million shares outstanding. The number of shares has increased by 114.04% in one year.

Current Share Class	93.68M
Shares Outstanding	93.68M
Shares Change (YoY)	+114.04%
Shares Change (QoQ)	+6.89%
Owned by Insiders (%)	11.13%
Owned by Institutions (%)	49.44%
Float	74.10M

Valuation Ratios

The trailing PE ratio is 13.39.

PE Ratio	13.39
Forward PE	n/a
PS Ratio	12.03
Forward PS	10.92
PB Ratio	3.58
P/TBV Ratio	3.99
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	15.45
EV / Sales	14.40
EV / EBITDA	11.42
EV / EBIT	13.88
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 +179.83% 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	+179.83%
50-Day Moving Average	24.67
200-Day Moving Average	15.07
Relative Strength Index (RSI)	57.38
Average Volume (20 Days)	5,636,074

Short Selling Information

The latest short interest is 10.16 million, so 10.85% of the outstanding shares have been sold short.

Short Interest	10.16M
Short Previous Month	7.98M
Short % of Shares Out	10.85%
Short % of Float	13.72%
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 Statement

Balance 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 Sheet

Cash 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 Statement

Margins

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	7.17%
FCF Yield	-6.50%

Analyst Forecast

The average price target for Hut 8 is $35.25, which is 30.94% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$35.25
Price Target Difference	30.94%
Analyst Consensus	Strong Buy
Analyst Count	8
Revenue Growth Forecast (5Y)	45.42%
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock 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