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 7,633 - -
Change - -78.21% 463.32% 6.21% 38.84% 62.03% - -
Enterprise Value (EV) 1 2,603 567.1 3,195 3,139 5,242 7,795 7,771 8,064
Change - -78.21% 463.32% -1.73% 66.97% 48.7% -0.31% 3.77%
P/E -279x -0.93x -55.3x 30x -6.5x -9.03x -21.3x -17.2x
PBR 1.92x - - 1.12x 1.51x 3.45x 3.84x 4.86x
PEG - -0x 0.6x -0x 0x -0.6x 0.4x -0.7x
Capitalization / Revenue 12.2x 2.19x 11.4x 9.01x 7.28x 11.7x 9.82x 8.06x
EV / Revenue 12.2x 2.19x 11.4x 8.33x 8.1x 11.9x 10x 8.52x
EV / EBITDA 31.6x -8.44x 14.9x 6.78x 405x -41.9x 39.4x 23.8x
EV / EBIT -116x -1.24x -50.7x 20.4x -8.43x -11.6x -44.8x -38x
EV / FCF -11.1x - -19.9x -6.34x -6.77x -12x -8.35x -3.41x
FCF Yield -8.97% - -5.03% -15.8% -14.8% -8.36% -12% -29.3%
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 -186.2 197.4 339.3
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 -303.6 -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 20.18 20.18 20.18
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-9.9x13.04x-45.78x-.--% 8.36B
-24.26x61.72x-119.28x - 12.19B
-24.42x54.23x286.14x-.--% 9.27B
-11.63x30.56x100.8x - 8.83B
-35.23x23.93x100.57x - 8.15B
-3.23x4.84x-4.88x-.--% 4.51B
-4.17x8.16x-10.87x-.--% 3.73B
-10.3x18.97x-40.28x - 2.45B
-4.02x - - - 804M
Average -14.13x 26.93x 33.30x 0% 6.48B
Weighted average by Cap. -18.07x 33.53x 41.11x 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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