Hut 8 Statistics

Total Valuation

Hut 8 has a market cap or net worth of $1.68 billion. The enterprise value is $1.95 billion.

Market Cap	1.68B
Enterprise Value	1.95B

Important Dates

The next confirmed earnings date is Monday, March 3, 2025, before market open.

Earnings Date	Mar 3, 2025
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 (%)	56.13%
Float	74.10M

Valuation Ratios

The trailing PE ratio is 8.92 and the forward PE ratio is 28.09.

PE Ratio	8.92
Forward PE	28.09
PS Ratio	8.01
Forward PS	7.27
PB Ratio	2.38
P/TBV Ratio	2.65
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	10.79
EV / Sales	10.06
EV / EBITDA	7.98
EV / EBIT	9.69
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 Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	20.36%
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 +90.14% 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	+90.14%
50-Day Moving Average	23.26
200-Day Moving Average	16.56
Relative Strength Index (RSI)	31.22
Average Volume (20 Days)	4,304,276

Short Selling Information

The latest short interest is 10.68 million, so 11.40% of the outstanding shares have been sold short.

Short Interest	10.68M
Short Previous Month	10.57M
Short % of Shares Out	11.40%
Short % of Float	14.41%
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	10.76%
FCF Yield	-9.76%

Analyst Forecast

The average price target for Hut 8 is $35.25, which is 96.60% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$35.25
Price Target Difference	96.60%
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