Riot Platforms Inc
F:AP4N

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Riot Platforms Inc
F:AP4N
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Price: 9.95 EUR 1.6% Market Closed
Market Cap: 3B EUR

Relative Value

The Relative Value of one AP4N stock under the Base Case scenario is 11.31 EUR. Compared to the current market price of 9.95 EUR, Riot Platforms Inc is Undervalued by 12%.

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.

AP4N Relative Value
Base Case
11.31 EUR
Undervaluation 12%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
84
vs Industry
18
Median 3Y
9.1
Median 5Y
12.3
Industry
2.5
Forward
5.3
vs History
vs Industry
26
Median 3Y
-5.3
Median 5Y
-5.7
Industry
23.1
Forward
-8.4
vs History
vs Industry
7
Median 3Y
-12.9
Median 5Y
-49.8
Industry
17.2
vs History
3
vs Industry
Median 3Y
-11.2
Median 5Y
-18.9
Industry
21.5
vs History
79
vs Industry
76
Median 3Y
1.4
Median 5Y
2.3
Industry
3
vs History
71
vs Industry
16
Median 3Y
7.9
Median 5Y
10.9
Industry
2.5
Forward
5.7
vs History
76
vs Industry
9
Median 3Y
32.8
Median 5Y
50
Industry
5
vs History
vs Industry
0
Median 3Y
-29
Median 5Y
-23.3
Industry
12.6
Forward
13.6
vs History
vs Industry
Median 3Y
-10
Median 5Y
-10
Industry
16.3
Forward
104.2
vs History
vs Industry
11
Median 3Y
-12.4
Median 5Y
-39.2
Industry
15.6
vs History
vs Industry
Median 3Y
-8.7
Median 5Y
-15.8
Industry
18.7
vs History
82
vs Industry
72
Median 3Y
1.4
Median 5Y
2.6
Industry
2.5

Multiples Across Competitors

AP4N Competitors Multiples
Riot Platforms Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Riot Platforms Inc
F:AP4N
3B EUR 6.5 -37.2 -74.3 -10.7
US
Palantir Technologies Inc
NYSE:PLTR
427.2B USD 124.2 559.7 704.6 739.5
DE
SAP SE
XETRA:SAP
279.6B EUR 7.8 42.7 25 28.4
US
Salesforce Inc
NYSE:CRM
223.9B USD 5.8 36.1 18.9 27.2
US
Intuit Inc
NASDAQ:INTU
198.3B USD 10.9 57.2 36.1 42.4
US
NCR Corp
LSE:0K45
164.4B USD 47.8 178.3 513.9 3 665.6
US
Adobe Inc
NASDAQ:ADBE
148.5B USD 6.6 21.6 17 18.8
US
Applovin Corp
NASDAQ:APP
145.9B USD 27.5 60.1 47.5 53.6
US
Synopsys Inc
NASDAQ:SNPS
114.1B USD 18.3 52.7 70.1 84.5
US
Microstrategy Inc
NASDAQ:MSTR
104.8B USD 226.6 22.1 13.9 14
US
Cadence Design Systems Inc
NASDAQ:CDNS
95.3B USD 18.7 94.1 53.3 60.7
P/S Multiple
Revenue Growth P/S to Growth
US
Riot Platforms Inc
F:AP4N
Average P/S: 45.5
6.5
36%
0.2
US
Palantir Technologies Inc
NYSE:PLTR
124.2
33%
3.8
DE
SAP SE
XETRA:SAP
7.8
12%
0.6
US
Salesforce Inc
NYSE:CRM
5.8
10%
0.6
US
Intuit Inc
NASDAQ:INTU
10.9
14%
0.8
US
N
NCR Corp
LSE:0K45
47.8
-8%
N/A
US
Adobe Inc
NASDAQ:ADBE
6.6
10%
0.7
US
Applovin Corp
NASDAQ:APP
27.5
22%
1.2
US
Synopsys Inc
NASDAQ:SNPS
18.3
15%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
226.6
4%
56.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
18.7
13%
1.4
P/E Multiple
Earnings Growth PEG
US
Riot Platforms Inc
F:AP4N
Average P/E: 112.5
Negative Multiple: -37.2
-23%
N/A
US
Palantir Technologies Inc
NYSE:PLTR
559.7
73%
7.7
DE
SAP SE
XETRA:SAP
42.7
50%
0.9
US
Salesforce Inc
NYSE:CRM
36.1
31%
1.2
US
Intuit Inc
NASDAQ:INTU
57.2
37%
1.5
US
N
NCR Corp
LSE:0K45
178.3
-46%
N/A
US
Adobe Inc
NASDAQ:ADBE
21.6
27%
0.8
US
Applovin Corp
NASDAQ:APP
60.1
45%
1.3
US
Synopsys Inc
NASDAQ:SNPS
52.7
18%
2.9
US
Microstrategy Inc
NASDAQ:MSTR
22.1
N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
94.1
33%
2.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Riot Platforms Inc
F:AP4N
Average EV/EBITDA: 150
Negative Multiple: -74.3
N/A N/A
US
Palantir Technologies Inc
NYSE:PLTR
704.6
109%
6.5
DE
SAP SE
XETRA:SAP
25
19%
1.3
US
Salesforce Inc
NYSE:CRM
18.9
23%
0.8
US
Intuit Inc
NASDAQ:INTU
36.1
31%
1.2
US
N
NCR Corp
LSE:0K45
513.9
14%
36.7
US
Adobe Inc
NASDAQ:ADBE
17
17%
1
US
Applovin Corp
NASDAQ:APP
47.5
43%
1.1
US
Synopsys Inc
NASDAQ:SNPS
70.1
36%
1.9
US
Microstrategy Inc
NASDAQ:MSTR
13.9
N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
53.3
28%
1.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Riot Platforms Inc
F:AP4N
Average EV/EBIT: 473.5
Negative Multiple: -10.7
N/A N/A
US
Palantir Technologies Inc
NYSE:PLTR
739.5
111%
6.7
DE
SAP SE
XETRA:SAP
28.4
21%
1.4
US
Salesforce Inc
NYSE:CRM
27.2
32%
0.8
US
Intuit Inc
NASDAQ:INTU
42.4
38%
1.1
US
N
NCR Corp
LSE:0K45
3 665.6
90%
40.7
US
Adobe Inc
NASDAQ:ADBE
18.8
20%
0.9
US
Applovin Corp
NASDAQ:APP
53.6
47%
1.1
US
Synopsys Inc
NASDAQ:SNPS
84.5
44%
1.9
US
Microstrategy Inc
NASDAQ:MSTR
14
N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
60.7
30%
2