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 7,993 - -
Change - -78.21% 463.32% 6.21% 38.84% 69.67% - -
Enterprise Value (EV) 1 2,603 567.1 3,195 3,139 5,242 8,319 9,949 11,169
Change - -78.21% 463.32% -1.73% 66.97% 58.7% 19.6% 12.26%
P/E -279x -0.93x -55.3x 30x -6.5x -7.96x -16.9x -19.7x
PBR 1.92x - - 1.12x 1.51x 4.06x 16.1x -133x
PEG - -0x 0.6x -0x 0x -0.2x 0.3x 1.4x
Capitalization / Revenue 12.2x 2.19x 11.4x 9.01x 7.28x 11.9x 9.66x 6.25x
EV / Revenue 12.2x 2.19x 11.4x 8.33x 8.1x 12.3x 12x 8.73x
EV / EBITDA 31.6x -8.44x 14.9x 6.78x 405x -36.6x 59.1x 23.9x
EV / EBIT -116x -1.24x -50.7x 20.4x -8.43x -9.63x -28.9x -67.2x
EV / FCF -11.1x - -19.9x -6.34x -6.77x -6.96x -5.25x -4.66x
FCF Yield -8.97% - -5.03% -15.8% -14.8% -14.4% -19.1% -21.4%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.08 -3.65 -0.28 0.34 -1.95 -2.677 -1.259 -1.081
Distribution rate - - - - - - - -
Net sales 1 213.2 259.2 280.7 376.7 647.4 674.2 827.4 1,280
EBITDA 1 82.42 -67.19 214 463.2 12.96 -227.6 168.3 467.1
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 -915.4 -459.7 -412.3
Net Debt 1 - - - -253.6 531 325.5 1,956 3,176
Reference price 2 22.33 3.39 15.47 10.21 12.67 21.30 21.30 21.30
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.($)
-7.96x12.34x-36.55x-.--% 7.99B
-16.11x41.37x-44.56x - 10.54B
-36.35x22.38x53.61x - 8.41B
-5.08x43.6x185.23x - 8.14B
-12.19x50.37x-497.49x-.--% 6.77B
-2.35x5.65x-3.9x-.--% 4.57B
-3.11x7.92x-8.17x-.--% 3.27B
-7.08x18.08x-27.52x - 2.17B
-3.19x - - - 832M
Average -10.38x 25.21x -47.42x 0% 5.86B
Weighted average by Cap. -13.32x 29.11x -43.85x 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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