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HIVE Blockchain Technologies Ltd
XTSX:HIVE

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HIVE Blockchain Technologies Ltd
XTSX:HIVE
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Price: 3.32 CAD 1.22%
Market Cap: CA$843.2m

EV/IC

1
Current
40%
Cheaper
vs 3-y average of 1.6

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1
=
Enterprise Value
CA$588.2m
/
Invested Capital
$544.9m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1
=
Enterprise Value
CA$588.2m
/
Invested Capital
$544.9m

Valuation Scenarios

HIVE Blockchain Technologies Ltd is trading below its 3-year average

If EV/IC returns to its 3-Year Average (1.6), the stock would be worth CA$5.55 (67% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+89%
Average Upside
78%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1 CA$3.32
0%
3-Year Average 1.6 CA$5.55
+67%
5-Year Average 1.8 CA$6.26
+89%
Industry Average 1.7 CA$6
+81%
Country Average 1.7 CA$5.77
+74%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
CA
HIVE Blockchain Technologies Ltd
XTSX:HIVE
797.3m CAD 1 -8.1
US
Ezenia! Inc
OTC:EZEN
567B USD 566 432.7 -180 630.8
US
Palantir Technologies Inc
NASDAQ:PLTR
331.6B USD 194.6 209.6
DE
SAP SE
XETRA:SAP
169.9B EUR 2.9 23.7
US
Salesforce Inc
NYSE:CRM
165.4B USD 1.8 22.9
US
Applovin Corp
NASDAQ:APP
151B USD 38.7 46.4
US
Intuit Inc
NASDAQ:INTU
107.8B USD 3.7 25.4
US
Adobe Inc
NASDAQ:ADBE
99.9B USD 4.4 14.1
US
Synopsys Inc
NASDAQ:SNPS
92.4B USD 2.3 85.3
US
NCR Corp
LSE:0K45
92B USD 27.8 2 191
US
Cadence Design Systems Inc
NASDAQ:CDNS
89.6B USD 14.1 82.7
P/E Multiple
Earnings Growth PEG
CA
HIVE Blockchain Technologies Ltd
XTSX:HIVE
Average P/E: 300.1
Negative Multiple: -8.1
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
209.6
58%
3.6
DE
SAP SE
XETRA:SAP
23.7
17%
1.4
US
Salesforce Inc
NYSE:CRM
22.9
31%
0.7
US
Applovin Corp
NASDAQ:APP
46.4
38%
1.2
US
Intuit Inc
NASDAQ:INTU
25.4
30%
0.8
US
Adobe Inc
NASDAQ:ADBE
14.1
20%
0.7
US
Synopsys Inc
NASDAQ:SNPS
85.3
44%
1.9
US
N
NCR Corp
LSE:0K45
2 191
52%
42.1
US
Cadence Design Systems Inc
NASDAQ:CDNS
82.7
39%
2.1

Market Distribution

Lower than 71% of companies in Canada
Percentile
29th
Based on 3 166 companies
29th percentile
1
Low
0 — 1
Typical Range
1 — 3.7
High
3.7 —
Distribution Statistics
Canada
Min 0
30th Percentile 1
Median 1.7
70th Percentile 3.7
Max 95 179.6

HIVE Blockchain Technologies Ltd
Glance View

HIVE Blockchain Technologies Ltd. engages in building a bridge from the block chain sector to traditional capital markets. The company is headquartered in Vancouver, British Columbia and currently employs 19 full-time employees. The firm owns green energy-powered data center facilities in Canada, Sweden, and Iceland which produces minted digital currencies. The Company’s digital currencies consist of Ethereum, Ethereum Classic, and Bitcoin. The firm also provides shareholders with operating margins of digital currency mining as well as a portfolio of crypto coins. The firm also owns a data center campus in New Brunswick. The Company’s geographic segments include Canada, Sweden, Iceland and Bermuda. The firm provides its services from the blockchain sector to traditional capital markets.

HIVE Intrinsic Value
4.1 CAD
Undervaluation 19%
Intrinsic Value
Price CA$3.32
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