HIVE Digital Technologies Ltd HIVE

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HIVE is trading at a LOCK|@%#H@ premium.
Price
CA$4.16
Fair Value
LOCK|PF^BPY
Uncertainty
LOCK|$@
1-Star Price
LOCK|&VVgJ!$
5-Star Price
LOCK|>#yvRW#
Economic Moat
LOCK|$!
Capital Allocation
—

News

Trading Information

Previous Close Price
—
Day Range
—–—
52-Week Range
—–—
Bid/Ask
— / —
Shares Outstanding
274.28M
Market Cap
—
Volume/Avg
— / —

Key Statistics

Price/Earnings (Normalized)
—
Price/Sales
2.24
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

HIVE Digital Technologies Ltd is a sustainable-energy-focused digital infrastructure company that provides infrastructure solutions through the operation of Tier-1 and Tier-3 data centers. Its computing power is used for high-performance computing (HPC) and for generating hashrate sold to mining pools for cryptocurrency mining. The Company uses cash flow from its hashrate services business to support the expansion of its AI and HPC operations through its subsidiary. The Company focuses on Canada, Sweden, and Paraguay, where low-cost renewable power supports its operations and expansion. It operates in one segment with two revenue streams: the mining and sale of digital currencies and high-performance computing hosting. The majority of its revenue is generated from Bermuda.
Sector
Financial Services
Industry
Capital Markets
Stock Style Box
Small Value
Total Number of Employees
29

Valuation

Metric
HIVE
Price/Earnings (Normalized)
—
Price/Book Value
1.88
Price/Sales
2.24
Price/Cash Flow
43.29
Price/Earnings
HIVE

Financial Strength

Metric
HIVE
Quick Ratio
1.66
Current Ratio
1.96
Interest Coverage
−134.46
Quick Ratio
HIVE

Profitability

Metric
HIVE
Return on Assets (Normalized)
−73.27%
Return on Equity (Normalized)
−95.36%
Return on Invested Capital (Normalized)
−79.46%
Return on Assets
HIVE

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