Hut 8 Statistics
Total Valuation
Hut 8 has a market cap or net worth of $1.50 billion. The enterprise value is $1.69 billion.
Important Dates
The next confirmed earnings date is Wednesday, November 13, 2024, before market open.
| Earnings Date | Nov 13, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Hut 8 has 93.39 million shares outstanding. The number of shares has increased by 95.11% in one year.
| Shares Outstanding | 93.39M |
| Shares Change (YoY) | +95.11% |
| Shares Change (QoQ) | -3.74% |
| Owned by Insiders (%) | 11.16% |
| Owned by Institutions (%) | 46.42% |
| Float | 73.82M |
Valuation Ratios
The trailing PE ratio is 7.00 and the forward PE ratio is 188.47.
| PE Ratio | 7.00 |
| Forward PE | 188.47 |
| PS Ratio | 6.96 |
| Forward PS | 14.83 |
| PB Ratio | 2.21 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 9.64 |
| EV / Sales | 9.85 |
| EV / EBITDA | 6.66 |
| EV / EBIT | 7.80 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.68, with a Debt / Equity ratio of 0.55.
| Current Ratio | 1.68 |
| Quick Ratio | 1.59 |
| Debt / Equity | 0.55 |
| Debt / EBITDA | 1.43 |
| Debt / FCF | n/a |
| Interest Coverage | 9.67 |
Financial Efficiency
| Return on Equity (ROE) | n/a |
| Return on Assets (ROA) | n/a |
| Return on Capital (ROIC) | n/a |
| Revenue Per Employee | $785,338 |
| Profits Per Employee | $802,667 |
| Employee Count | 219 |
| Asset Turnover | n/a |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Hut 8 has paid $1.07 million in taxes.
| Income Tax | 1.07M |
| Effective Tax Rate | 0.58% |
Stock Price Statistics
The stock price has increased by +47.65% 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 | +47.65% |
| 50-Day Moving Average | 12.32 |
| 200-Day Moving Average | 10.94 |
| Relative Strength Index (RSI) | 59.78 |
| Average Volume (20 Days) | 5,292,581 |
Short Selling Information
The latest short interest is 15.15 million, so 16.22% of the outstanding shares have been sold short.
| Short Interest | 15.15M |
| Short Previous Month | 15.80M |
| Short % of Shares Out | 16.22% |
| Short % of Float | 20.52% |
| Short Ratio (days to cover) | 4.04 |
Income Statement
In the last 12 months, Hut 8 had revenue of $171.99 million and earned $175.78 million in profits. Earnings per share was $2.17.
| Revenue | 171.99M |
| Gross Profit | 75.10M |
| Operating Income | 217.22M |
| Pretax Income | 445.01M |
| Net Income | 175.78M |
| EBITDA | 254.50M |
| EBIT | 217.22M |
| Earnings Per Share (EPS) | $2.17 |
Full Income StatementBalance Sheet
The company has $178.64 million in cash and $368.82 million in debt, giving a net cash position of -$190.18 million or -$2.04 per share.
| Cash & Cash Equivalents | 178.64M |
| Total Debt | 368.82M |
| Net Cash | -190.18M |
| Net Cash Per Share | -$2.04 |
| Equity (Book Value) | 668.32M |
| Book Value Per Share | 7.26 |
| Working Capital | 78.87M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$79.40 million and capital expenditures -$17.30 million, giving a free cash flow of -$96.70 million.
| Operating Cash Flow | -79.40M |
| Capital Expenditures | -17.30M |
| Free Cash Flow | -96.70M |
| FCF Per Share | -$1.04 |
Full Cash Flow StatementMargins
Gross margin is 43.66%, with operating and profit margins of 126.30% and 102.21%.
| Gross Margin | 43.66% |
| Operating Margin | 126.30% |
| Pretax Margin | 107.99% |
| Profit Margin | 102.21% |
| EBITDA Margin | 147.97% |
| EBIT Margin | 126.30% |
| 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 | -95.11% |
| Shareholder Yield | -95.11% |
| Earnings Yield | 11.75% |
| FCF Yield | -6.46% |
Analyst Forecast
The average price target for Hut 8 is $16.80, which is 4.87% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $16.80 |
| Price Target Difference | 4.87% |
| 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 2.23 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.23 |
| Piotroski F-Score | 1 |