HIVE Digital Valuation
| HIVE Stock | CAD 3.05 0.01 0.33% |
At this time, the firm appears to be undervalued. HIVE Digital Technologies retains a regular Real Value of C$3.54 per share. The prevalent price of the firm is C$3.05. Our model calculates the value of HIVE Digital Technologies from analyzing the firm fundamentals such as return on equity of -0.0085, and Return On Asset of -0.0495 as well as examining its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that HIVE Digital's price fluctuation is risky at this time. Calculation of the real value of HIVE Digital Technologies is based on 3 months time horizon. Increasing HIVE Digital's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the HIVE stock is determined by what a typical buyer is willing to pay for full or partial control of HIVE Digital Technologies. Since HIVE Digital is currently traded on the exchange, buyers and sellers on that exchange determine the market value of HIVE Stock. However, HIVE Digital's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 3.05 | Real 3.54 | Hype 3.02 | Naive 2.82 |
The intrinsic value of HIVE Digital's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence HIVE Digital's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of HIVE Digital Technologies helps investors to forecast how HIVE stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of HIVE Digital more accurately as focusing exclusively on HIVE Digital's fundamentals will not take into account other important factors: HIVE Digital Total Value Analysis
HIVE Digital Technologies is currently anticipated to have takeover price of 686.82 M with market capitalization of 676.31 M, debt of 39.22 M, and cash on hands of 1.3 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the HIVE Digital fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
686.82 M | 676.31 M | 39.22 M | 1.3 M |
HIVE Digital Investor Information
About 16.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.1. Some equities with similar Price to Book (P/B) outperform the market in the long run. HIVE Digital Technologies recorded a loss per share of 0.03. The entity had not issued any dividends in recent years. The firm had 1:5 split on the 24th of May 2022. HIVE Digital Technologies is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in August.HIVE Digital Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. HIVE Digital has an asset utilization ratio of 21.69 percent. This indicates that the Company is making C$0.22 for each dollar of assets. An increasing asset utilization means that HIVE Digital Technologies is more efficient with each dollar of assets it utilizes for everyday operations.HIVE Digital Ownership Allocation
HIVE Digital Technologies has a total of 221.74 Million outstanding shares. Roughly 83.22 (percent) of HIVE Digital outstanding shares are held by general public with 0.31 % owned by insiders and only 16.47 pct. by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.HIVE Digital Profitability Analysis
The company reported the revenue of 115.28 M. Net Loss for the year was (3 M) with profit before overhead, payroll, taxes, and interest of 25.15 M.About HIVE Digital Valuation
Our relative valuation model uses a comparative analysis of HIVE Digital. We calculate exposure to HIVE Digital's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of HIVE Digital's related companies.HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. HIVE Blockchain Technologies Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada. HIVE BLOCKCHAIN operates under Capital Markets classification in Exotistan and is traded on Commodity Exchange.
Additional Tools for HIVE Stock Analysis
When running HIVE Digital's price analysis, check to measure HIVE Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HIVE Digital is operating at the current time. Most of HIVE Digital's value examination focuses on studying past and present price action to predict the probability of HIVE Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HIVE Digital's price. Additionally, you may evaluate how the addition of HIVE Digital to your portfolios can decrease your overall portfolio volatility.