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 7,209 - -
Change - -78.21% 463.32% 6.21% 38.84% 53.03% - -
Enterprise Value (EV) 1 2,603 567.1 3,195 3,139 5,242 7,481 8,434 9,250
Change - -78.21% 463.32% -1.73% 66.97% 42.72% 12.73% 9.68%
P/E -279x -0.93x -55.3x 30x -6.5x -7.27x -15.6x -17.1x
PBR 1.92x - - 1.12x 1.51x 3.57x 7.41x 12.5x
PEG - -0x 0.6x -0x 0x -0.2x 0.3x 1.88x
Capitalization / Revenue 12.2x 2.19x 11.4x 9.01x 7.28x 10.7x 8.72x 5.98x
EV / Revenue 12.2x 2.19x 11.4x 8.33x 8.1x 11.1x 10.2x 7.67x
EV / EBITDA 31.6x -8.44x 14.9x 6.78x 405x -32.9x 53.9x 18.5x
EV / EBIT -116x -1.24x -50.7x 20.4x -8.43x -8.66x -24.5x -55.7x
EV / FCF -11.1x - -19.9x -6.34x -6.77x -5.26x -6.46x -3.92x
FCF Yield -8.97% - -5.03% -15.8% -14.8% -19% -15.5% -25.5%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.08 -3.65 -0.28 0.34 -1.95 -2.641 -1.233 -1.121
Distribution rate - - - - - - - -
Net sales 1 213.2 259.2 280.7 376.7 647.4 675 827.1 1,206
EBITDA 1 82.42 -67.19 214 463.2 12.96 -227.7 156.4 501.2
EBIT 1 -22.36 -457.3 -63.05 153.6 -622.2 -863.5 -343.9 -166.2
Net income 1 -7.926 -509.6 -49.47 109.4 -663.2 -901.9 -447.4 -422.3
Net Debt 1 - - - -253.6 531 272.5 1,225 2,042
Reference price 2 22.33 3.39 15.47 10.21 12.67 19.21 19.21 19.21
Nbr of stocks (in thousands) 1,16,583 1,67,297 2,06,515 3,32,326 3,71,807 3,75,259 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-7.27x11.08x-32.86x-.--% 720.87Cr
-15.63x40.26x-43.4x - 1.02TCr
-37.63x24.68x55.08x - 892.48Cr
-5.08x43.58x185.16x - 813.82Cr
-12.42x50.96x-650.55x-.--% 689.78Cr
-1.83x4.2x-2.9x-.--% 355.78Cr
-2.81x7.39x-7.62x-.--% 295.85Cr
-6.67x17.01x-25.89x - 204.42Cr
-3.44x - - - 69Cr
Average -10.31x 24.89x -65.37x 0% 562.74Cr
Weighted average by Cap. -13.94x 29.82x -65.17x 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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  4. Valuation Riot Platforms, Inc.