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 10,804 - -
Change - -78.21% 463.32% 6.21% 38.84% 129.34% - -
Enterprise Value (EV) 1 2,603 567.1 3,195 3,139 5,242 10,947 10,912 11,234
Change - -78.21% 463.32% -1.73% 66.97% 108.85% -0.32% 2.95%
P/E -279x -0.93x -55.3x 30x -6.5x -13.3x -31.6x -24.4x
PBR 1.92x - - 1.12x 1.51x 4.82x 5.2x 6.57x
PEG - -0x 0.6x -0x 0x -1.3x 0.5x -0.8x
Capitalization / Revenue 12.2x 2.19x 11.4x 9.01x 7.28x 16.3x 13.5x 10.9x
EV / Revenue 12.2x 2.19x 11.4x 8.33x 8.1x 16.5x 13.7x 11.3x
EV / EBITDA 31.6x -8.44x 14.9x 6.78x 405x -85.4x 67.6x 31.4x
EV / EBIT -116x -1.24x -50.7x 20.4x -8.43x -18.5x -68.3x -60.2x
EV / FCF -11.1x - -19.9x -6.34x -6.77x -17.1x -11.8x -4.75x
FCF Yield -8.97% - -5.03% -15.8% -14.8% -5.84% -8.46% -21%
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 28.57 28.57 28.57
Nbr of stocks (in thousands) 116,583 167,297 206,515 332,326 371,807 378,151 - -
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.($)
-32.56x47.2x-103.26x - 13.85B
-16.72x48.44x144.36x - 12.8B
-52.41x32.38x139.44x - 11.19B
-27.96x61.06x367.1x-.--% 10.61B
-4.38x6.05x-9.67x-.--% 5.54B
-5.02x8.64x-12.03x-.--% 4.19B
-15.79x28.44x-57.84x - 3.64B
-5.43x - - - 1.07B
Average -20.04x 33.17x 66.87x 0% 7.86B
Weighted average by Cap. -26.34x 39.74x 89.90x 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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