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 9,061 - -
Change - -78.21% 463.32% 6.21% 38.84% 92.33% - -
Enterprise Value (EV) 1 2,603 567.1 3,195 3,139 5,242 9,204 9,169 9,491
Change - -78.21% 463.32% -1.73% 66.97% 75.59% -0.38% 3.51%
P/E -279x -0.93x -55.3x 30x -6.5x -11.1x -26.5x -20.5x
PBR 1.92x - - 1.12x 1.51x 4.04x 4.36x 5.51x
PEG - -0x 0.6x -0x 0x -1.1x 0.5x -0.7x
Capitalization / Revenue 12.2x 2.19x 11.4x 9.01x 7.28x 13.7x 11.3x 9.1x
EV / Revenue 12.2x 2.19x 11.4x 8.33x 8.1x 13.9x 11.5x 9.53x
EV / EBITDA 31.6x -8.44x 14.9x 6.78x 405x -71.8x 56.8x 26.5x
EV / EBIT -116x -1.24x -50.7x 20.4x -8.43x -15.6x -57.4x -50.9x
EV / FCF -11.1x - -19.9x -6.34x -6.77x -14.4x -9.93x -4.02x
FCF Yield -8.97% - -5.03% -15.8% -14.8% -6.95% -10.1% -24.9%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.08 -3.65 -0.28 0.34 -1.95 -2.152 -0.904 -1.171
Distribution rate - - - - - - - -
Net sales 1 213.2 259.2 280.7 376.7 647.4 663.3 799.3 995.4
EBITDA 1 82.42 -67.19 214 463.2 12.96 -128.2 161.5 357.5
EBIT 1 -22.36 -457.3 -63.05 153.6 -622.2 -591 -159.9 -186.6
Net income 1 -7.926 -509.6 -49.47 109.4 -663.2 -720.7 -290.8 -437.9
Net Debt 1 - - - -253.6 531 143.7 108.7 430.6
Reference price 2 22.33 3.39 15.47 10.21 12.67 23.96 23.96 23.96
Nbr of stocks (in thousands) 116,583 167,297 206,515 332,326 371,807 378,151 - -
Announcement Date 3/16/22 3/2/23 2/22/24 2/24/25 3/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-30.56x44.67x-97.72x - 13B
-15.99x46.68x139.14x - 12.24B
-49.92x31.12x134.01x - 10.66B
-26.41x58.55x352.04x-.--% 10.02B
-4.19x5.74x-9.18x-.--% 5.3B
-4.47x7.93x-11.05x-.--% 3.73B
-15.03x27.04x-54.99x - 3.47B
-4.95x - - - 975M
Average -18.94x 31.68x 64.61x 0% 7.42B
Weighted average by Cap. -25.01x 38.08x 87.46x 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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