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Hut 8 (TSX:HUT) EV-to-EBIT : 3.65 (As of May. 27, 2024)


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What is Hut 8 EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hut 8's Enterprise Value is C$1,436.4 Mil. Hut 8's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$393.3 Mil. Therefore, Hut 8's EV-to-EBIT for today is 3.65.

The historical rank and industry rank for Hut 8's EV-to-EBIT or its related term are showing as below:

TSX:HUT' s EV-to-EBIT Range Over the Past 10 Years
Min: -37.39   Med: 8.13   Max: 14
Current: 3.6

During the past 2 years, the highest EV-to-EBIT of Hut 8 was 14.00. The lowest was -37.39. And the median was 8.13.

TSX:HUT's EV-to-EBIT is ranked better than
78.19% of 486 companies
in the Capital Markets industry
Industry Median: 9.525 vs TSX:HUT: 3.60

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hut 8's Enterprise Value for the quarter that ended in Mar. 2024 was C$1,630.3 Mil. Hut 8's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$393.3 Mil. Hut 8's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 24.13%.


Hut 8 EV-to-EBIT Historical Data

The historical data trend for Hut 8's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hut 8 EV-to-EBIT Chart

Hut 8 Annual Data
Trend Jun21 Jun22
EV-to-EBIT
- -

Hut 8 Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 25.26 4.14

Competitive Comparison of Hut 8's EV-to-EBIT

For the Capital Markets subindustry, Hut 8's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hut 8's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hut 8's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hut 8's EV-to-EBIT falls into.



Hut 8 EV-to-EBIT Calculation

Hut 8's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1436.438/393.314
=3.65

Hut 8's current Enterprise Value is C$1,436.4 Mil.
Hut 8's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$393.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hut 8  (TSX:HUT) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Hut 8's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=393.314/1630.265224
=24.13 %

Hut 8's Enterprise Value for the quarter that ended in Mar. 2024 was C$1,630.3 Mil.
Hut 8's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$393.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hut 8 EV-to-EBIT Related Terms

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Hut 8 (TSX:HUT) Business Description

Comparable Companies
Traded in Other Exchanges
Address
1101 Brickell Avenue, Suite 1500, Miami, FL, USA, 33131
Hut 8 Corp is harnessing the limitless potential of data by leveraging cutting-edge infrastructure to create value for its customers and shareholders. Led by a seasoned executive team, Hut 8 is bullish on building computing infrastructure that powers Bitcoin mining, traditional data center's, and the dynamic requirements of future technologies like AI and machine learning.

Hut 8 (TSX:HUT) Headlines