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 7,873 - -
Change - -78.21% 463.32% 6.21% 38.84% 67.13% - -
Enterprise Value (EV) 1 2,603 567.1 3,195 3,139 5,242 8,198 9,829 11,049
Change - -78.21% 463.32% -1.73% 66.97% 56.41% 19.89% 12.41%
P/E -279x -0.93x -55.3x 30x -6.5x -7.84x -16.7x -19.4x
PBR 1.92x - - 1.12x 1.51x 4x 15.9x -131x
PEG - -0x 0.6x -0x 0x -0.2x 0.3x 1.4x
Capitalization / Revenue 12.2x 2.19x 11.4x 9.01x 7.28x 11.7x 9.51x 6.15x
EV / Revenue 12.2x 2.19x 11.4x 8.33x 8.1x 12.2x 11.9x 8.63x
EV / EBITDA 31.6x -8.44x 14.9x 6.78x 405x -36x 58.4x 23.7x
EV / EBIT -116x -1.24x -50.7x 20.4x -8.43x -9.49x -28.6x -66.5x
EV / FCF -11.1x - -19.9x -6.34x -6.77x -6.86x -5.18x -4.61x
FCF Yield -8.97% - -5.03% -15.8% -14.8% -14.6% -19.3% -21.7%
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 20.98 20.98 20.98
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-16.7x42.69x-45.99x - 10.93B
-36.09x22.31x53.44x - 8.35B
-5.12x43.84x186.26x - 8.21B
-7.84x12.16x-36.03x-.--% 7.87B
-12.86x52.06x-514.2x-.--% 7.14B
-2.21x5.27x-3.64x-.--% 4.31B
-3.08x7.85x-8.1x-.--% 3.24B
-6.79x17.33x-26.38x - 2.08B
Average -11.34x 25.44x -49.33x 0% 6.52B
Weighted average by Cap. -13.68x 30.01x -49.51x 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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