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 8,005 - -
Change - -78.21% 463.32% 6.21% 38.84% 69.94% - -
Enterprise Value (EV) 1 2,603 567.1 3,195 3,139 5,242 8,149 8,114 8,436
Change - -78.21% 463.32% -1.73% 66.97% 55.46% -0.43% 3.97%
P/E -279x -0.93x -55.3x 30x -6.5x -9.84x -23.4x -18.1x
PBR 1.92x - - 1.12x 1.51x 3.57x 3.86x 4.87x
PEG - -0x 0.6x -0x 0x -0.9x 0.4x -0.6x
Capitalization / Revenue 12.2x 2.19x 11.4x 9.01x 7.28x 12.1x 10x 8.04x
EV / Revenue 12.2x 2.19x 11.4x 8.33x 8.1x 12.3x 10.2x 8.48x
EV / EBITDA 31.6x -8.44x 14.9x 6.78x 405x -63.6x 50.2x 23.6x
EV / EBIT -116x -1.24x -50.7x 20.4x -8.43x -13.8x -50.8x -45.2x
EV / FCF -11.1x - -19.9x -6.34x -6.77x -12.7x -8.79x -3.57x
FCF Yield -8.97% - -5.03% -15.8% -14.8% -7.85% -11.4% -28%
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 21.17 21.17 21.17
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.($)
-9.84x12.29x-63.58x-.--% 8.01B
-25.61x38.41x-84.03x - 10.89B
-13.11x38.34x119.12x - 10.03B
-39.97x26.77x114.79x - 8.78B
-22.06x51.54x309.89x-.--% 8.37B
-3.51x4.88x-7.8x-.--% 4.59B
-3.84x7.11x-9.9x-.--% 3.2B
-11.62x20.76x-42.22x - 2.68B
-4.31x - - - 850M
Average -14.87x 25.01x 42.03x 0% 6.38B
Weighted average by Cap. -18.95x 29.51x 56.44x 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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