HIVE Blockchain Technologies Ltd
NASDAQ:HIVE

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HIVE Blockchain Technologies Ltd
NASDAQ:HIVE
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Price: 2.3 USD Market Closed
Market Cap: 269.3m USD

Relative Value

The Relative Value of one HIVE stock under the Base Case scenario is 5.72 USD. Compared to the current market price of 2.3 USD, HIVE Blockchain Technologies Ltd is Undervalued by 60%.

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.

HIVE Relative Value
Base Case
5.72 USD
Undervaluation 60%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
53
vs Industry
50
Median 3Y
2.6
Median 5Y
3.4
Industry
2.5
Forward
1.2
vs History
vs Industry
Median 3Y
-4.9
Median 5Y
-1.2
Industry
23.1
Forward
78.4
vs History
38
vs Industry
21
Median 3Y
5.7
Median 5Y
14
Industry
17.4
vs History
vs Industry
29
Median 3Y
-2.5
Median 5Y
-2.7
Industry
21.7
vs History
87
vs Industry
81
Median 3Y
1.4
Median 5Y
1.9
Industry
3
vs History
68
vs Industry
48
Median 3Y
1.5
Median 5Y
2.5
Industry
2.5
Forward
0.6
vs History
vs Industry
79
Median 3Y
-3.2
Median 5Y
-1.6
Industry
5
vs History
vs Industry
35
Median 3Y
-0.8
Median 5Y
6.5
Industry
12.7
Forward
1.5
vs History
vs Industry
54
Median 3Y
-2.4
Median 5Y
-1.7
Industry
16.4
Forward
-5.2
vs History
42
vs Industry
63
Median 3Y
4.7
Median 5Y
8.3
Industry
15.8
vs History
vs Industry
54
Median 3Y
-1.3
Median 5Y
-1.5
Industry
19
vs History
90
vs Industry
49
Median 3Y
1.6
Median 5Y
2.2
Industry
2.5

Multiples Across Competitors

HIVE Competitors Multiples
HIVE Blockchain Technologies Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
HIVE Blockchain Technologies Ltd
NASDAQ:HIVE
523.3m USD 3.3 -127.4 -71.2 -2.5
DE
SAP SE
XETRA:SAP
301B EUR 8.6 52.5 28.4 32.5
US
Palantir Technologies Inc
NYSE:PLTR
349.8B USD 112.3 613 791.1 849.1
US
Salesforce Inc
NYSE:CRM
249.2B USD 6.5 40.2 21.2 30.4
US
Intuit Inc
NASDAQ:INTU
210.1B USD 11.6 60.6 38.3 44.9
US
NCR Corp
LSE:0K45
177.9B USD 51.7 193 555.9 3 965.5
US
Adobe Inc
NASDAQ:ADBE
156.3B USD 6.9 22.8 17.9 19.8
US
Applovin Corp
NASDAQ:APP
120.4B USD 23.5 62.7 44 51.7
US
Microstrategy Inc
NASDAQ:MSTR
120.1B USD 261.4 -22.5 -3 724.1 -1 928.1
US
Cadence Design Systems Inc
NASDAQ:CDNS
86.7B USD 17.8 80.2 50.8 57.9
US
Synopsys Inc
NASDAQ:SNPS
85.3B USD 13.7 39.4 51.7 62.4
P/E Multiple
Earnings Growth PEG
CA
HIVE Blockchain Technologies Ltd
NASDAQ:HIVE
Average P/E: 129.4
Negative Multiple: -127.4
N/A N/A
DE
SAP SE
XETRA:SAP
52.5
50%
1.1
US
Palantir Technologies Inc
NYSE:PLTR
613
73%
8.4
US
Salesforce Inc
NYSE:CRM
40.2
31%
1.3
US
Intuit Inc
NASDAQ:INTU
60.6
37%
1.6
US
N
NCR Corp
LSE:0K45
193
-46%
N/A
US
Adobe Inc
NASDAQ:ADBE
22.8
27%
0.8
US
Applovin Corp
NASDAQ:APP
62.7
45%
1.4
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -22.5 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
80.2
33%
2.4
US
Synopsys Inc
NASDAQ:SNPS
39.4
11%
3.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
HIVE Blockchain Technologies Ltd
NASDAQ:HIVE
Average EV/EBITDA: 177.7
Negative Multiple: -71.2
N/A N/A
DE
SAP SE
XETRA:SAP
28.4
19%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
791.1
109%
7.3
US
Salesforce Inc
NYSE:CRM
21.2
24%
0.9
US
Intuit Inc
NASDAQ:INTU
38.3
28%
1.4
US
N
NCR Corp
LSE:0K45
555.9
12%
46.3
US
Adobe Inc
NASDAQ:ADBE
17.9
17%
1.1
US
Applovin Corp
NASDAQ:APP
44
42%
1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -3 724.1 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
50.8
27%
1.9
US
Synopsys Inc
NASDAQ:SNPS
51.7
34%
1.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
HIVE Blockchain Technologies Ltd
NASDAQ:HIVE
Average EV/EBIT: 568.2
Negative Multiple: -2.5
N/A N/A
DE
SAP SE
XETRA:SAP
32.5
21%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
849.1
110%
7.7
US
Salesforce Inc
NYSE:CRM
30.4
33%
0.9
US
Intuit Inc
NASDAQ:INTU
44.9
37%
1.2
US
N
NCR Corp
LSE:0K45
3 965.5
90%
44.1
US
Adobe Inc
NASDAQ:ADBE
19.8
20%
1
US
Applovin Corp
NASDAQ:APP
51.7
45%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 928.1 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
57.9
28%
2.1
US
Synopsys Inc
NASDAQ:SNPS
62.4
39%
1.6