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 7,965 9,033 9,677
Change - -78.21% 463.32% -1.73% 66.97% 51.95% 13.4% 7.13%
P/E -279x -0.93x -55.3x 30x -6.5x -7.7x -16.5x -22.5x
PBR 1.92x - - 1.12x 1.51x 3.77x 7.83x 13.3x
PEG - -0x 0.6x -0x 0x -0.2x 0.3x 0.8x
Capitalization / Revenue 12.2x 2.19x 11.4x 9.01x 7.28x 11.3x 9.22x 6.32x
EV / Revenue 12.2x 2.19x 11.4x 8.33x 8.1x 11.8x 10.9x 8.02x
EV / EBITDA 31.6x -8.44x 14.9x 6.78x 405x -29.6x 59.8x 19.3x
EV / EBIT -116x -1.24x -50.7x 20.4x -8.43x -9.23x -25.7x -58.2x
EV / FCF -11.1x - -19.9x -6.34x -6.77x -5.61x -6.92x -4.1x
FCF Yield -8.97% - -5.03% -15.8% -14.8% -17.8% -14.5% -24.4%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.08 -3.65 -0.28 0.34 -1.95 -2.641 -1.233 -0.9014
Distribution rate - - - - - - - -
Net sales 1 213.2 259.2 280.7 376.7 647.4 675 827.1 1,206
EBITDA 1 82.42 -67.19 214 463.2 12.96 -269.2 151.1 501.2
EBIT 1 -22.36 -457.3 -63.05 153.6 -622.2 -862.9 -351.3 -166.2
Net income 1 -7.926 -509.6 -49.47 109.4 -663.2 -901.9 -447.4 -339
Net Debt 1 - - - -253.6 531 339.9 1,407 2,052
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.($)
-7.76x11.74x-31.14x-.--% 7.63B
-17.1x43.55x-46.95x - 11.19B
-38.28x24.87x55.52x - 9.08B
-5.26x41.43x294.66x - 8.58B
-13.35x53.31x-680.55x-.--% 7.42B
-1.89x4.39x-3.06x-.--% 3.72B
-2.98x7.67x-7.91x-.--% 3.13B
-7.14x18.24x-27.77x - 2.19B
-3.63x - - - 732M
Average -10.82x 25.65x -55.90x 0% 5.96B
Weighted average by Cap. -14.48x 30.87x -54.33x 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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