HUT Relative Valuation - Hut 8 Mining Corp - Alpha Spread
H

Hut 8 Mining Corp
NASDAQ:HUT

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Hut 8 Mining Corp
NASDAQ:HUT
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Price: 11.04 USD -1.78%
Market Cap: 997.9m USD
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Relative Value

The Relative Value of one HUT stock under the Base Case scenario is 5.35 USD. Compared to the current market price of 11.04 USD, Hut 8 Mining Corp is Overvalued by 52%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

HUT Relative Value
Base Case
5.35 USD
Overvaluation 52%
Relative Value
Price
H
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
39
vs Industry
4
Median 3Y
13.4
Median 5Y
13
Industry
2.2
Forward
17.4
vs History
vs Industry
Median 3Y
-9.7
Median 5Y
-9.5
Industry
23
Forward
20.6
vs History
vs Industry
Median 3Y
-21.7
Median 5Y
-16.6
Industry
16.9
vs History
vs Industry
Median 3Y
-26
Median 5Y
-23.7
Industry
21.8
vs History
66
vs Industry
22
Median 3Y
2.9
Median 5Y
6.2
Industry
2.7
vs History
44
vs Industry
5
Median 3Y
9.4
Median 5Y
10.1
Industry
2.2
Forward
12.7
vs History
vs Industry
Median 3Y
-12.9
Median 5Y
-17.9
Industry
4.6
vs History
vs Industry
Median 3Y
7.7
Median 5Y
13.1
Industry
12.9
Forward
-445
vs History
vs Industry
Median 3Y
-7.9
Median 5Y
-11.9
Industry
16.4
Forward
-16.5
vs History
vs Industry
Median 3Y
-16
Median 5Y
-11.4
Industry
15.5
vs History
vs Industry
Median 3Y
-20.7
Median 5Y
-18.5
Industry
18.6
vs History
61
vs Industry
6
Median 3Y
6.6
Median 5Y
9.6
Industry
2.3

Multiples Across Competitors

HUT Competitors Multiples
Hut 8 Mining Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Hut 8 Mining Corp
NASDAQ:HUT
997.5m USD 14.8 -11.4 -60.5 -10.8
CN
Cloopen Group Holding Ltd
OTC:RAASY
5.9T USD 41 390.6 -6 513.1 -96 356.4 -94 489.2
DE
SAP SE
NYSE:SAP
259.9B USD 7.2 88.8 27 31.8
US
Salesforce Inc
NYSE:CRM
246.6B USD 6.8 43.8 23 34.9
US
Adobe Inc
NASDAQ:ADBE
237.6B USD 11.3 44.4 27.9 31
US
Intuit Inc
NASDAQ:INTU
181.3B USD 11.1 61.2 39.4 47.4
US
NCR Corp
LSE:0K45
175B USD 23.1 -254.3 194.9 361.9
US
Palantir Technologies Inc
NYSE:PLTR
82.3B USD 33.3 204 240.8 268.1
US
Synopsys Inc
NASDAQ:SNPS
77B USD 12.6 51.2 43.6 50.9
US
Cadence Design Systems Inc
NASDAQ:CDNS
74.8B USD 18 70.9 55 62.5
CA
Constellation Software Inc
TSX:CSU
92.6B CAD 7.3 104.9 28.3 52.5
P/E Multiple
Earnings Growth
CA
H
Hut 8 Mining Corp
NASDAQ:HUT
Average P/E: 83.6
Negative Multiple: -11.4
N/A
CN
C
Cloopen Group Holding Ltd
OTC:RAASY
Negative Multiple: -6 513.1 N/A
DE
SAP SE
NYSE:SAP
88.8
40%
US
Salesforce Inc
NYSE:CRM
43.8
196%
US
Adobe Inc
NASDAQ:ADBE
44.4
98%
US
Intuit Inc
NASDAQ:INTU
61.2
146%
US
N
NCR Corp
LSE:0K45
Negative Multiple: -254.3 N/A
US
Palantir Technologies Inc
NYSE:PLTR
204
468%
US
Synopsys Inc
NASDAQ:SNPS
51.2
121%
US
Cadence Design Systems Inc
NASDAQ:CDNS
70.9
124%
CA
Constellation Software Inc
TSX:CSU
104.9
N/A

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