Riot PlatformsRIOT -2.92%64 EV-to-FCF is -8.54 as of Jun. 30, 2026. GuruFocus rates RIOT with a GF Score™ of 64/100 and a GF Value™ of $13.45 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 447 Capital Markets companies, Riot Platforms ranks worse than 223713.42% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Riot Platforms's Enterprise Value is $10,862.7 Mil.
Riot Platforms's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-1,272.6 Mil. Therefore, Riot Platforms's EV-to-FCF for today is -8.54.
The historical rank and industry rank for Riot Platforms's EV-to-FCF or its related term are showing as below:
RIOT'
s EV-to-FCF Range Over the Past 10 Years
Min: -91.43 Med: -2.83 Max: 0.91
Current: -8.54
During the past 13 years, the highest EV-to-FCF of Riot Platforms was 0.91. The lowest was -91.43. And the median was -2.83.
RIOT's EV-to-FCF is ranked worse than 100% of 447
companies
in the Capital Markets industry
Industry Median: 9.19
vs RIOT: -8.54
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.
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.
Riot Platforms's PE Ratio (TTM) for today is calculated as:
Riot Platforms's share price for today is $26.95.
Riot Platforms'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 $-2.630.
* 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.
Riot Platforms EV-to-FCF Related Terms
Riot Platforms EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Riot Platforms's EV-to-FCF 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.
For the Capital Markets subindustry, Riot Platforms'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.
Riot Platforms EV-to-FCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Riot Platforms's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Riot Platforms's EV-to-FCF falls into.
Riot Platforms's current Enterprise Value is $10,862.7 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 $-1,272.6 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 (RIOT) has a EV-to-FCF of -8.54 as of Jun. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Riot Platforms and its competitors. According to the industry distribution chart, Riot Platforms ranks #999999 out of 447 companies in the Capital Markets industry.
Is Riot Platforms' EV-to-FCF too high?
Riot Platforms' current EV-to-FCF is -8.54. Based on the distribution chart, Riot Platforms ranks #999999 out of 447 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Riot Platforms has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riot Platforms' EV-to-FCF compare to SNEX and SF?
According to the Capital Markets industry distribution chart, Riot Platforms ranks #999999 out of 447 companies for EV-to-FCF. This places Riot Platforms in the lower half of its industry. The industry median EV-to-FCF is 9.19. 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 9.19, based on 447 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 Riot Platforms and its competitors. For the Capital Markets industry, the median EV-to-FCF is 9.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riot Platforms's current EV-to-FCF is -8.54. 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 (RIOT) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.45, compared to a current price of $26.95 — trading 100.4% above its estimated fair value. The current EV-to-FCF is -8.54. Riot Platforms' overall GF Score™ is 64/100 with 8 warning signs 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 Riot Platforms (RIOT), the current EV-to-FCF is -8.54 as of Jun. 30, 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 (RIOT) Overvalued in 2026?
Based on GuruFocus' analysis, Riot Platforms stock appears to be overvalued.
The current stock price of $26.95 is trading 100.4% above its estimated GF Value™ of $13.45.
GuruFocus considers Riot Platforms to be Significantly Overvalued.
Key valuation signals for RIOT:
EV-to-FCF: -8.54
GF Value™: $13.45 vs. price of $26.95 (100.4% above fair value)
No single metric tells the full story. See the RIOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
64GF Score
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