HIVE Valuation

HIVE Digital Technologies Ltd

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2.880

-0.07(-2.373%)1D

Overview
Forecast
Valuation
Earnings

HIVE Relative Valuation

HIVE's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, HIVE is overvalued; if below, it's undervalued.

Historical Valuation

HIVE Digital Technologies Ltd (HIVE) is now in the Fair zone, suggesting that its current forward PS ratio of 1.55 is considered Fairly compared with the five-year average of -2.05. The fair price of HIVE Digital Technologies Ltd (HIVE) is between 2.88 to 9.99 according to relative valuation methord.

Relative Value

Fair Zone

2.88-9.99

Current Price：2.95

Fair

9.62

Trailing

Forward

3.46

EV/EBITDA

HIVE Digital Technologies Ltd. (HIVE) has a current EV/EBITDA of 3.46. The 5-year average EV/EBITDA is 9.03. The thresholds are as follows: Strongly Undervalued below -20.78, Undervalued between -20.78 and -5.88, Fairly Valued between 23.93 and -5.88, Overvalued between 23.93 and 38.83, and Strongly Overvalued above 38.83. The current Forward EV/EBITDA of 3.46 falls within the Historic Trend Line -Fairly Valued range.

11.82

EV/EBIT

HIVE Digital Technologies Ltd. (HIVE) has a current EV/EBIT of 11.82. The 5-year average EV/EBIT is -6.29. The thresholds are as follows: Strongly Undervalued below -45.05, Undervalued between -45.05 and -25.67, Fairly Valued between 13.10 and -25.67, Overvalued between 13.10 and 32.48, and Strongly Overvalued above 32.48. The current Forward EV/EBIT of 11.82 falls within the Historic Trend Line -Fairly Valued range.

1.55

HIVE Digital Technologies Ltd. (HIVE) has a current PS of 1.55. The 5-year average PS is 3.58. The thresholds are as follows: Strongly Undervalued below -1.10, Undervalued between -1.10 and 1.24, Fairly Valued between 5.92 and 1.24, Overvalued between 5.92 and 8.26, and Strongly Overvalued above 8.26. The current Forward PS of 1.55 falls within the Historic Trend Line -Fairly Valued range.

2.22

P/OCF

HIVE Digital Technologies Ltd. (HIVE) has a current P/OCF of 2.22. The 5-year average P/OCF is 7.26. The thresholds are as follows: Strongly Undervalued below -30.31, Undervalued between -30.31 and -11.53, Fairly Valued between 26.05 and -11.53, Overvalued between 26.05 and 44.83, and Strongly Overvalued above 44.83. The current Forward P/OCF of 2.22 falls within the Historic Trend Line -Fairly Valued range.

2.78

P/FCF

HIVE Digital Technologies Ltd. (HIVE) has a current P/FCF of 2.78. The 5-year average P/FCF is 8.24. The thresholds are as follows: Strongly Undervalued below -22.53, Undervalued between -22.53 and -7.14, Fairly Valued between 23.63 and -7.14, Overvalued between 23.63 and 39.02, and Strongly Overvalued above 39.02. The current Forward P/FCF of 2.78 falls within the Historic Trend Line -Fairly Valued range.

HIVE Digital Technologies Ltd (HIVE) has a current Price-to-Book (P/B) ratio of 1.07. Compared to its 3-year average P/B ratio of 1.51 , the current P/B ratio is approximately -28.76% higher. Relative to its 5-year average P/B ratio of 3.48, the current P/B ratio is about -69.15% higher. HIVE Digital Technologies Ltd (HIVE) has a Forward Free Cash Flow (FCF) yield of approximately -30.02%. Compared to its 3-year average FCF yield of -23.25%, the current FCF yield is approximately 29.14% lower. Relative to its 5-year average FCF yield of -18.75% , the current FCF yield is about 60.10% lower.

1.08

P/B

Median3y

1.51

Median5y

3.48

-30.06

FCF Yield

Median3y

-23.25

Median5y

-18.75

Competitors Valuation Multiple

The average P/S ratio for HIVE's competitors is 2.26, providing a benchmark for relative valuation. HIVE Digital Technologies Ltd Corp (HIVE) exhibits a P/S ratio of 1.55, which is -31.39% above the industry average. Given its robust revenue growth of 41.47%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

HIVE.O

HIVE Digital Technologies Ltd

Performance Decomposition

Market capitalization of HIVE decreased by 6.94% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 2.99 to 8.59.

The secondary factor is the Revenue Growth, contributed 41.47%to the performance.

Overall, the performance of HIVE in the past 1 year is driven by P/E Change. Which is more unsustainable.

41.47%

32.24M → 45.61M

Revenue Growth

-235.35%

-56.72 → 76.77

Margin Expansion

186.94%

2.99 → 8.59

P/E Change

-6.94%