EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, HIVE Digital Technologies's Enterprise Value is $1,109.7 Mil.
HIVE Digital Technologies's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-116.1 Mil. Therefore, HIVE Digital Technologies's EV-to-FCF for today is -9.56.
The historical rank and industry rank for HIVE Digital Technologies's EV-to-FCF or its related term are showing as below:
HIVE'
s EV-to-FCF Range Over the Past 10 Years
Min: -280.07 Med: -5.46 Max: 4088.67
Current: -9.87
During the past 13 years, the highest EV-to-FCF of HIVE Digital Technologies was 4088.67. The lowest was -280.07. And the median was -5.46.
HIVE's EV-to-FCF is ranked worse than 100% of 444
companies
in the Capital Markets industry
Industry Median: 9.175
vs HIVE: -9.87
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
HIVE Digital Technologies (NAS:HIVE) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
HIVE Digital Technologies's PE Ratio (TTM) for today is calculated as:
HIVE Digital Technologies's share price for today is $4.045.
HIVE Digital Technologies's Earnings per Share (Diluted) 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 $-0.600.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
HIVE Digital Technologies EV-to-FCF Related Terms
HIVE Digital Technologies EV-to-FCF Historical Data
* 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.
For the Capital Markets subindustry, HIVE Digital Technologies's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
HIVE Digital Technologies EV-to-FCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, HIVE Digital Technologies's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where HIVE Digital Technologies's EV-to-FCF falls into.
HIVE Digital Technologies's current Enterprise Value is $1,109.7 Mil.
HIVE Digital Technologies'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 $-116.1 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.
HIVE Digital Technologies (HIVE) has a EV-to-FCF of -9.56 as of Jun. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on HIVE Digital Technologies and its competitors. According to the industry distribution chart, HIVE Digital Technologies ranks #999999 out of 444 companies in the Capital Markets industry.
Is HIVE Digital Technologies' EV-to-FCF too high?
HIVE Digital Technologies' current EV-to-FCF is -9.56. Based on the distribution chart, HIVE Digital Technologies ranks #999999 out of 444 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, HIVE Digital Technologies has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HIVE Digital Technologies' EV-to-FCF compare to MS and GS?
According to the Capital Markets industry distribution chart, HIVE Digital Technologies ranks #999999 out of 444 companies for EV-to-FCF. This places HIVE Digital Technologies in the lower half of its industry. The industry median EV-to-FCF is 9.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Capital Markets company?
The median EV-to-FCF among Capital Markets companies is 9.18, based on 444 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on HIVE Digital Technologies and its competitors. For the Capital Markets industry, the median EV-to-FCF is 9.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HIVE Digital Technologies's current EV-to-FCF is -9.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HIVE Digital Technologies stock overvalued right now?
Based on GuruFocus' analysis, HIVE Digital Technologies (HIVE) is currently considered Fairly Valued. The stock's GF Value™ is $3.77, compared to a current price of $4.05 — trading 7.3% above its estimated fair value. The current EV-to-FCF is -9.56. HIVE Digital Technologies' overall GF Score™ is 64/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For HIVE Digital Technologies (HIVE), the current EV-to-FCF is -9.56 as of Jun. 27, 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 HIVE Digital Technologies (HIVE) Overvalued in 2026?
Based on GuruFocus' analysis, HIVE Digital Technologies stock appears to be overvalued.
The current stock price of $4.05 is trading 7.3% above its estimated GF Value™ of $3.77.
GuruFocus considers HIVE Digital Technologies to be Fairly Valued.
Key valuation signals for HIVE:
EV-to-FCF: -9.56
GF Value™: $3.77 vs. price of $4.05 (7.3% above fair value)
No single metric tells the full story. See the HIVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HIVE Digital Technologies Ltd is a sustainable-energy-focused digital infrastructure company that provides infrastructure solutions through the operation of Tier-1 and Tier-3 data centers. Its computing power is used for high-performance computing (HPC) and for generating hashrate sold to mining pools for cryptocurrency mining. The Company uses cash flow from its hashrate services business to support the expansion of its AI and HPC operations through its subsidiary. The Company focuses on Canada, Sweden, and Paraguay, where low-cost renewable power supports its operations and expansion. It operates in one segment with two revenue streams: the mining and sale of digital currencies and high-performance computing hosting. The majority of its revenue is generated from Bermuda.
64GF Score
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