Riot Platforms (MEX:RIOT) Enterprise Value: MXN201,028 Mil (As of Jun. 28, 2026) ***


MEX:RIOT Riot Platforms Inc MEX:RIOT
65 GF Score
Price MXN499.37
GF Value MXN236.50
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Riot Platforms Enterprise Value?

Riot Platforms MEX:RIOT +3.76% 65 Enterprise Value is MXN201,028 Mil as of Jun. 28, 2026. GuruFocus rates MEX:RIOT with a GF Score™ of 65/100 and a GF Value™ of MXN236.50 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Riot Platforms's Enterprise Value is MXN201,028 Mil. Riot Platforms's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-14,970 Mil. Therefore, Riot Platforms's EV-to-EBIT ratio for today is -13.43.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Riot Platforms's Enterprise Value is MXN201,028 Mil. Riot Platforms's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-8,270 Mil. Therefore, Riot Platforms's EV-to-EBITDA ratio for today is -24.31.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Riot Platforms's Enterprise Value is MXN201,028 Mil. Riot Platforms's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was MXN11,954 Mil. Therefore, Riot Platforms's EV-to-Revenue ratio for today is 16.82.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Riot Platforms's Enterprise Value is MXN201,028 Mil. Riot Platforms's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-11,641 Mil. Therefore, Riot Platforms's EV-to-OCF ratio for today is -17.27.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Riot Platforms's Enterprise Value is MXN201,028 Mil. Riot Platforms's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-23,295 Mil. Therefore, Riot Platforms's EV-to-FCF ratio for today is -8.63.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Riot Platforms  (MEX:RIOT) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Riot Platforms's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=201027.856/-14969.97
=-13.43

Riot Platforms's current Enterprise Value is MXN201,028 Mil.
Riot Platforms's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-14,970 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Riot Platforms's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=201027.856/-8269.515
=-24.31

Riot Platforms's current Enterprise Value is MXN201,028 Mil.
Riot Platforms's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-8,270 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Riot Platforms's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=201027.856/11954.038
=16.82

Riot Platforms's current Enterprise Value is MXN201,028 Mil.
Riot Platforms's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN11,954 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Riot Platforms's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=201027.856/-11640.976
=-17.27

Riot Platforms's current Enterprise Value is MXN201,028 Mil.
Riot Platforms's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-11,641 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Riot Platforms's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=201027.856/-23295.28
=-8.63

Riot Platforms's current Enterprise Value is MXN201,028 Mil.
Riot Platforms's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-23,295 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.


Riot Platforms Enterprise Value Related Terms


Riot Platforms Enterprise Value Historical Data

* Premium members only.

The historical data trend for Riot Platforms's Enterprise Value 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.

Riot Platforms Enterprise Value Chart

Riot Platforms Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44,334.65 4,581.37 45,496.41 77,657.77 97,198.85

Riot Platforms Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58,538.82 87,654.19 138,005.69 97,198.85 96,534.23

MEX:RIOT vs HLI, SF, JEF: Enterprise Value Comparison

For the Capital Markets subindustry, Riot Platforms's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Riot Platforms Enterprise Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Riot Platforms's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Riot Platforms's Enterprise Value falls into.


MEX:RIOT
65GF Score
Riot Platforms Inc MEX:RIOT
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Riot Platforms Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Riot Platforms's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Riot Platforms's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of MXN201,028 Mil mean?
Riot Platforms (MEX:RIOT) has a Enterprise Value of MXN201,028 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Riot Platforms and its competitors.
Is Riot Platforms' Enterprise Value too high?
Riot Platforms' current Enterprise Value is MXN201,028 Mil. Overall, Riot Platforms has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riot Platforms' Enterprise Value compare to HLI and SF?
Riot Platforms' Enterprise Value of MXN201,028 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Capital Markets company?
A good Enterprise Value depends on the Capital Markets industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Riot Platforms and its competitors. Riot Platforms's current Enterprise Value is MXN201,028 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riot Platforms stock overvalued right now?
Based on GuruFocus' analysis, Riot Platforms (MEX:RIOT) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN236.50, compared to a current price of MXN499.37 — trading 111.2% above its estimated fair value. The current Enterprise Value is MXN201,028 Mil. Riot Platforms' overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Riot Platforms (MEX:RIOT), the current Enterprise Value is MXN201,028 Mil as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Riot Platforms (MEX:RIOT) Overvalued in 2026?

Based on GuruFocus' analysis, Riot Platforms stock appears to be overvalued. The current stock price of MXN499.37 is trading 111.2% above its estimated GF Value™ of MXN236.50. GuruFocus considers Riot Platforms to be Significantly Overvalued.

Key valuation signals for MEX:RIOT:

  • Enterprise Value: MXN201,028 Mil
  • GF Value™: MXN236.50 vs. price of MXN499.37 (111.2% above fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the MEX:RIOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riot Platforms Business Description

Address 3855 Ambrosia Street, Suite 301, Castle Rock, CO, USA, 80109
Riot Platforms Inc is a vertically integrated digital infrastructure company principally engaged in developing and optimizing its large-scale power assets. The Company's business centers on enhancing its electrical infrastructure and deploying it across two complementary platforms: (i) Bitcoin Mining and (ii) scalable data center solutions designed to support non-mining workloads. The company's segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
65GF Score

Get the complete analysis for MEX:RIOT

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN499.37
Price
MXN236.50
GF Value