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 7,625 - -
Change - -78.21% 463.32% 6.21% 38.84% 61.87% - -
Enterprise Value (EV) 1 2,603 567.1 3,195 3,139 5,242 7,898 8,850 9,667
Change - -78.21% 463.32% -1.73% 66.97% 50.67% 12.06% 9.23%
P/E -279x -0.93x -55.3x 30x -6.5x -7.76x -16.8x -21.8x
PBR 1.92x - - 1.12x 1.51x 3.78x 7.33x 9.38x
PEG - -0x 0.6x -0x 0x -0.2x 0.3x 0.9x
Capitalization / Revenue 12.2x 2.19x 11.4x 9.01x 7.28x 11.3x 9.37x 6.99x
EV / Revenue 12.2x 2.19x 11.4x 8.33x 8.1x 11.7x 10.9x 8.86x
EV / EBITDA 31.6x -8.44x 14.9x 6.78x 405x -31.1x 56.6x 19.3x
EV / EBIT -116x -1.24x -50.7x 20.4x -8.43x -9.15x -25.7x -58.2x
EV / FCF -11.1x - -19.9x -6.34x -6.77x -5.56x -6.78x -4.1x
FCF Yield -8.97% - -5.03% -15.8% -14.8% -18% -14.8% -24.4%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.08 -3.65 -0.28 0.34 -1.95 -2.62 -1.211 -0.9312
Distribution rate - - - - - - - -
Net sales 1 213.2 259.2 280.7 376.7 647.4 672.9 813.4 1,091
EBITDA 1 82.42 -67.19 214 463.2 12.96 -253.6 156.4 501.2
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 -895.9 -439.7 -350.9
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 20.32 20.32 20.32
Nbr of stocks (in thousands) 116,583 167,297 206,515 332,326 371,807 375,259 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-16.72x42.72x-46.05x - 10.94B
-36.49x24.33x54.31x - 8.65B
-5.13x38.8x164.83x - 8.36B
-7.7x11.53x-31.66x-.--% 7.6B
-12.86x52.06x-664.71x-.--% 7.14B
-1.89x4.41x-3.08x-.--% 3.74B
-2.81x7.39x-7.65x-.--% 2.96B
-6.63x16.9x-25.72x - 2.03B
Average -11.28x 24.77x -69.97x 0% 6.43B
Weighted average by Cap. -14.02x 29.84x -72.56x 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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