HIVE Blockchain Technologies Ltd
XTSX:HIVE

Watchlist Manager
HIVE Blockchain Technologies Ltd Logo
HIVE Blockchain Technologies Ltd
XTSX:HIVE
Watchlist
Price: 2.4 CAD -6.98% Market Closed
Market Cap: 434.1m CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one HIVE stock under the Base Case scenario is 11.96 CAD. Compared to the current market price of 2.4 CAD, HIVE Blockchain Technologies Ltd is Undervalued by 80%.

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
11.96 CAD
Undervaluation 80%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.6
P/S
P/S
Price to Sales
2.6
vs History
85
vs Industry
50
Median 3Y
4.4
Median 5Y
6.5
Industry
2.4
Forward
2.7
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-9.5
Median 5Y
-3.3
Industry
22.6
Forward
-11.3
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
21
Median 3Y
10.4
Median 5Y
19.1
Industry
17
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
29
Median 3Y
-3.8
Median 5Y
-3.8
Industry
21.5
More Details
0.7
P/B
P/B
Price to Book Value
0.7
vs History
93
vs Industry
81
Median 3Y
2.4
Median 5Y
4.5
Industry
2.9
More Details
0.3
EV/S
EV/S
Enterprise Value to Sales
0.3
vs History
93
vs Industry
48
Median 3Y
3.2
Median 5Y
6.2
Industry
2.4
Forward
0.3
More Details
Negative
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
79
Median 3Y
-5.5
Median 5Y
-2.4
Industry
4.9
More Details
2.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
2.6
vs History
63
vs Industry
35
Median 3Y
5
Median 5Y
16.4
Industry
12.6
Forward
0.8
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
54
Median 3Y
-5.9
Median 5Y
-4.1
Industry
16.2
Forward
-0.6
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
63
Median 3Y
8.6
Median 5Y
18.3
Industry
15.5
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
54
Median 3Y
-3
Median 5Y
-3.6
Industry
18.8
More Details
0.2
EV/IC
EV/IC
Enterprise Value to IC
0.2
vs History
93
vs Industry
49
Median 3Y
3.7
Median 5Y
5
Industry
2.4
More Details

Multiples Across Competitors

HIVE Competitors Multiples
HIVE Blockchain Technologies Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
HIVE Blockchain Technologies Ltd
XTSX:HIVE
434.1m CAD 2.6 -48.5 2.6 -0.7
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
298.7B EUR 8.5 52.1 28.1 32.2
US
Palantir Technologies Inc
NYSE:PLTR
324.1B USD 104.1 568 732.1 785.8
US
Salesforce Inc
NYSE:CRM
251.7B USD 6.5 40.6 21.4 30.7
US
Intuit Inc
NASDAQ:INTU
212.9B USD 11.7 61.6 38.8 45.5
US
Adobe Inc
NASDAQ:ADBE
163B USD 7.2 23.8 18.7 20.6
US
NCR Corp
LSE:0K45
156.8B USD 45.5 170 490 3 495.4
US
Applovin Corp
NASDAQ:APP
122B USD 23.8 63.6 44.6 52.4
US
Microstrategy Inc
NASDAQ:MSTR
99.9B USD 217.5 -18.7 -3 138.4 -1 624.9
US
Cadence Design Systems Inc
NASDAQ:CDNS
81.6B USD 16.7 75.5 47.8 54.5
P/S Multiple
Revenue Growth P/S to Growth
CA
HIVE Blockchain Technologies Ltd
XTSX:HIVE
Average P/S: 21 305
2.6
65%
0
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
8.5
12%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
104.1
33%
3.2
US
Salesforce Inc
NYSE:CRM
6.5
10%
0.7
US
Intuit Inc
NASDAQ:INTU
11.7
14%
0.8
US
Adobe Inc
NASDAQ:ADBE
7.2
10%
0.7
US
N
NCR Corp
LSE:0K45
45.5
-8%
N/A
US
Applovin Corp
NASDAQ:APP
23.8
23%
1
US
Microstrategy Inc
NASDAQ:MSTR
217.5
4%
54.4
US
Cadence Design Systems Inc
NASDAQ:CDNS
16.7
12%
1.4
P/E Multiple
Earnings Growth PEG
CA
HIVE Blockchain Technologies Ltd
XTSX:HIVE
Average P/E: 131.9
Negative Multiple: -48.5 		N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
52.1
50%
1
US
Palantir Technologies Inc
NYSE:PLTR
568
73%
7.8
US
Salesforce Inc
NYSE:CRM
40.6
32%
1.3
US
Intuit Inc
NASDAQ:INTU
61.6
34%
1.8
US
Adobe Inc
NASDAQ:ADBE
23.8
26%
0.9
US
N
NCR Corp
LSE:0K45
170
-47%
N/A
US
Applovin Corp
NASDAQ:APP
63.6
44%
1.4
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -18.7 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
75.5
33%
2.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
HIVE Blockchain Technologies Ltd
XTSX:HIVE
Average EV/EBITDA: 158.2
2.6
113%
0
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
28.1
19%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
732.1
109%
6.7
US
Salesforce Inc
NYSE:CRM
21.4
24%
0.9
US
Intuit Inc
NASDAQ:INTU
38.8
28%
1.4
US
Adobe Inc
NASDAQ:ADBE
18.7
17%
1.1
US
N
NCR Corp
LSE:0K45
490
12%
40.8
US
Applovin Corp
NASDAQ:APP
44.6
42%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -3 138.4 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
47.8
27%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
HIVE Blockchain Technologies Ltd
XTSX:HIVE
Average EV/EBIT: 564.6
Negative Multiple: -0.7 		N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
32.2
21%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
785.8
110%
7.1
US
Salesforce Inc
NYSE:CRM
30.7
33%
0.9
US
Intuit Inc
NASDAQ:INTU
45.5
37%
1.2
US
Adobe Inc
NASDAQ:ADBE
20.6
20%
1
US
N
NCR Corp
LSE:0K45
3 495.4
90%
38.8
US
Applovin Corp
NASDAQ:APP
52.4
45%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 624.9 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
54.5
28%
1.9

See Also

Summary
HIVE intrinsic value, competitors valuation, and company profile.
DCF Valuation
HIVE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
HIVE stock valuation using valuation multiples.
Wall Street Estimates
HIVE price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
HIVE stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 262,300+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.