Hut 8 Mining Statistics
Total Valuation
Hut 8 Mining has a market cap or net worth of $801.35 million. The enterprise value is $927.58 million.
| Market Cap | 801.35M |
| Enterprise Value | 927.58M |
Important Dates
The next confirmed earnings date is Wednesday, May 15, 2024, before market open.
| Earnings Date | May 15, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Hut 8 Mining has 89.24 million shares outstanding. The number of shares has increased by 59.30% in one year.
| Shares Outstanding | 89.24M |
| Shares Change (YoY) | +59.30% |
| Shares Change (QoQ) | +41.88% |
| Owned by Insiders (%) | 57.17% |
| Owned by Institutions (%) | 11.19% |
| Float | 78.71M |
Valuation Ratios
The trailing PE ratio is 7.59 and the forward PE ratio is 29.41.
| PE Ratio | 7.59 |
| Forward PE | 29.41 |
| PS Ratio | 14.24 |
| Forward PS | 8.54 |
| PB Ratio | 2.25 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 6.19 |
| EV / Sales | 16.48 |
| EV / EBITDA | n/a |
| EV / EBIT | 7.21 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.55, with a Debt / Equity ratio of 0.42.
| Current Ratio | 0.55 |
| Quick Ratio | 0.30 |
| Debt / Equity | 0.42 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | 5.35 |
Financial Efficiency
Return on equity (ROE) is 60.60% and return on invested capital (ROIC) is 21.23%.
| Return on Equity (ROE) | 60.60% |
| Return on Assets (ROA) | 33.90% |
| Return on Capital (ROIC) | 21.23% |
| Revenue Per Employee | $574,408 |
| Profits Per Employee | $1.53M |
| Employee Count | 98 |
| Asset Turnover | 0.13 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -4.84M |
| Effective Tax Rate | -3.34% |
Stock Price Statistics
The stock price has increased by +7.55% in the last 52 weeks. The beta is 3.45, so Hut 8 Mining's price volatility has been higher than the market average.
| Beta (1Y) | 3.45 |
| 52-Week Price Change | +7.55% |
| 50-Day Moving Average | 8.66 |
| 200-Day Moving Average | 10.83 |
| Relative Strength Index (RSI) | 53.20 |
| Average Volume (30 Days) | 4,624,054 |
Short Selling Information
The latest short interest is 9.16 million, so 10.26% of the outstanding shares have been sold short.
| Short Interest | 9.16M |
| Short Previous Month | 9.56M |
| Short % of Shares Out | 10.26% |
| Short % of Float | 11.63% |
| Short Ratio (days to cover) | 1.88 |
Income Statement
In the last 12 months, Hut 8 Mining had revenue of $56.29 million and earned $149.92 million in profits. Earnings per share was $1.18.
| Revenue | 56.29M |
| Gross Profit | 23.84M |
| Operating Income | 102.44M |
| Pretax Income | 104.63M |
| Net Income | 149.92M |
| EBITDA | n/a |
| EBIT | 128.70M |
| Earnings Per Share (EPS) | $1.18 |
Balance Sheet
The company has $22.61 million in cash and $148.83 million in debt, giving a net cash position of -$126.23 million or -$1.41 per share.
| Cash & Cash Equivalents | 22.61M |
| Total Debt | 148.83M |
| Net Cash | -126.23M |
| Net Cash Per Share | -$1.41 |
| Equity / Book Value | 356.08M |
| Book Value Per Share | 3.99 |
| Working Capital | -37.20M |
Cash Flow
| Operating Cash Flow | n/a |
| Capital Expenditures | n/a |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Margins
Gross margin is 42.35%, with operating and profit margins of 181.99% and 266.32%.
| Gross Margin | 42.35% |
| Operating Margin | 181.99% |
| Pretax Margin | 185.87% |
| Profit Margin | 266.32% |
| EBITDA Margin | n/a |
| EBIT Margin | 228.63% |
| FCF Margin | n/a |
Dividends & Yields
Hut 8 Mining 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 | -39.62% |
| Shareholder Yield | -39.62% |
| Earnings Yield | 18.71% |
| FCF Yield | n/a |
Analyst Forecast
The average price target for Hut 8 Mining is $11.80, which is 31.40% higher than the current price. The consensus rating is "Buy".
| Price Target | $11.80 |
| Price Target Difference | 31.40% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 1.59% |
| EPS Growth Forecast (5Y) | -4.98% |
Stock Splits
The last stock split was on December 4, 2023. It was a reverse split with a ratio of 1:5.
| Last Split Date | Dec 4, 2023 |
| Split Type | Reverse |
| Split Ratio | 1:5 |
Scores
Hut 8 Mining has an Altman Z-Score of 3.22 and a Piotroski F-Score of 3.
| Altman Z-Score | 3.22 |
| Piotroski F-Score | 3 |