Company Valuation: Riot Platforms, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,603 567.1 3,195 3,393 4,711 7,760 - -
Change - -78.21% 463.32% 6.21% 38.84% 64.72% - -
Enterprise Value (EV) 1 2,603 567.1 3,195 3,139 5,242 7,921 7,897 8,190
Change - -78.21% 463.32% -1.73% 66.97% 51.12% -0.3% 3.71%
P/E -279x -0.93x -55.3x 30x -6.5x -9.18x -21.6x -17.5x
PBR 1.92x - - 1.12x 1.51x 3.5x 3.91x 4.94x
PEG - -0x 0.6x -0x 0x -0.6x 0.4x -0.7x
Capitalization / Revenue 12.2x 2.19x 11.4x 9.01x 7.28x 11.9x 9.99x 8.2x
EV / Revenue 12.2x 2.19x 11.4x 8.33x 8.1x 12.1x 10.2x 8.65x
EV / EBITDA 31.6x -8.44x 14.9x 6.78x 405x -46.9x 40x 24.1x
EV / EBIT -116x -1.24x -50.7x 20.4x -8.43x -11.8x -45.5x -38.6x
EV / FCF -11.1x - -19.9x -6.34x -6.77x -12.2x -8.49x -3.47x
FCF Yield -8.97% - -5.03% -15.8% -14.8% -8.23% -11.8% -28.9%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.08 -3.65 -0.28 0.34 -1.95 -2.235 -0.9487 -1.171
Distribution rate - - - - - - - -
Net sales 1 213.2 259.2 280.7 376.7 647.4 653.9 777 946.8
EBITDA 1 82.42 -67.19 214 463.2 12.96 -168.8 197.4 339.3
EBIT 1 -22.36 -457.3 -63.05 153.6 -622.2 -672.6 -173.5 -212.1
Net income 1 -7.926 -509.6 -49.47 109.4 -663.2 -785.9 -305.4 -440.3
Net Debt 1 - - - -253.6 531 161.7 137.6 430.6
Reference price 2 22.33 3.39 15.47 10.21 12.67 20.52 20.52 20.52
Nbr of stocks (in thousands) 1,16,583 1,67,297 2,06,515 3,32,326 3,71,807 3,78,151 - -
Announcement Date 16/03/22 02/03/23 22/02/24 24/02/25 02/03/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-16.45x42.68x-44.32x - 1.09TCr
-5.15x40.34x160.97x - 852.24Cr
-35.91x24.15x53.91x - 851.67Cr
-9.18x12.11x-46.92x-.--% 775.97Cr
-12.64x51.76x-533.5x-.--% 713.02Cr
-2.13x4.24x-3.3x-.--% 389.78Cr
-2.92x7.65x-8.45x-.--% 315.88Cr
-9.86x18.15x-38.53x - 234.29Cr
Average -11.78x 25.14x -57.52x 0% 653.1Cr
Weighted average by Cap. -14.00x 29.89x -56.48x 0%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  5. Valuation Riot Platforms, Inc.