| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
DGHI Stock Overview
Digihost Technology Inc. operates as a blockchain technology company.
Digihost Technology Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$4.37 |
| 52 Week High | CA$17.61 |
| 52 Week Low | CA$1.92 |
| Beta | 0 |
| 1 Month Change | -30.75% |
| 3 Month Change | -29.40% |
| 1 Year Change | 117.41% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 58.33% |
Recent News & Updates
We Think Digihost Technology (CVE:DGHI) Needs To Drive Business Growth Carefully
Just because a business does not make any money, does not mean that the stock will go down. By way of example, Digihost...
Shareholder Returns
| DGHI | CA Software | CA Market | |
|---|---|---|---|
| 7D | -5.8% | -6.3% | -2.9% |
| 1Y | 117.4% | -10.4% | 16.1% |
Return vs Industry: DGHI exceeded the Canadian Software industry which returned -9.1% over the past year.
Return vs Market: DGHI exceeded the Canadian Market which returned 15% over the past year.
Price Volatility
| DGHI volatility | |
|---|---|
| DGHI Average Weekly Movement | 15.4% |
| Software Industry Average Movement | 11.4% |
| Market Average Movement | 9.8% |
| 10% most volatile stocks in CA Market | 17.3% |
| 10% least volatile stocks in CA Market | 3.7% |
Stable Share Price: DGHI is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: DGHI's weekly volatility has decreased from 27% to 15% over the past year, but is still higher than 75% of Canadian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | n/a | Michel Amar | https://www.digihost.ca |
Digihost Technology Inc. operates as a blockchain technology company. It has operations in cryptocurrency mining for its own account, as well as providing hosting services to cryptocurrency mining customers. The company is headquartered in Buffalo, New York.
Digihost Technology Fundamentals Summary
| DGHI fundamental statistics | |
|---|---|
| Market Cap | US$86.58m |
| Earnings (TTM) | -US$694.87k |
| Revenue (TTM) | US$16.55m |
5.2x
P/S Ratio-124.6x
P/E RatioIs DGHI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DGHI income statement (TTM) | |
|---|---|
| Revenue | US$16.55m |
| Cost of Revenue | US$6.56m |
| Gross Profit | US$9.99m |
| Expenses | US$10.68m |
| Earnings | -US$694.87k |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.028 |
| Gross Margin | 60.35% |
| Net Profit Margin | -4.20% |
| Debt/Equity Ratio | 0% |
How did DGHI perform over the long term?
See historical performance and comparisonValuation
Is Digihost Technology undervalued compared to its fair value and its price relative to the market?
1.26x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate DGHI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate DGHI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: DGHI is unprofitable, so we can't compare its PE Ratio to the Canadian Software industry average.
PE vs Market: DGHI is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DGHI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DGHI is good value based on its PB Ratio (1.1x) compared to the CA Software industry average (3.4x).
Future Growth
How is Digihost Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
43.7%
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Digihost Technology has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Digihost Technology performed over the past 5 years?
82.9%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: DGHI is currently unprofitable.
Growing Profit Margin: DGHI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if DGHI's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare DGHI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DGHI is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (6.4%).
Return on Equity
High ROE: DGHI has a negative Return on Equity (-1.01%), as it is currently unprofitable.
Financial Health
How is Digihost Technology's financial position?
Financial Position Analysis
Short Term Liabilities: DGHI's short term assets ($40.8M) exceed its short term liabilities ($3.1M).
Long Term Liabilities: DGHI's short term assets ($40.8M) exceed its long term liabilities ($2.4M).
Debt to Equity History and Analysis
Debt Level: DGHI is debt free.
Reducing Debt: DGHI had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DGHI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DGHI has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 125.4% each year.
Dividend
What is Digihost Technology current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DGHI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DGHI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DGHI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DGHI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DGHI's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average management tenure
CEO
Michel Amar (56 yo)
1.92yrs
Tenure
Mr. Michel Thierry Amar serves as Chairman of the Board and Chief Executive Officer at Digihost Technology Inc. since February 14, 2020. Mr. Amar serves as President of NYAM LLC. He holds Bachelor's degree...
Leadership Team
Experienced Management: DGHI's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
Experienced Board: DGHI's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 86.9%.
Top Shareholders
Company Information
Digihost Technology Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Digihost Technology Inc.
- Ticker: DGHI
- Exchange: TSXV
- Founded: NaN
- Industry: Application Software
- Sector: Software
- Implied Market Cap: CA$109.102m
- Shares outstanding: 24.97m
- Website: https://www.digihost.ca
Location
- Digihost Technology Inc.
- 1001 East Delavan Avenue
- Buffalo
- New York
- 14215
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/27 00:14 |
| End of Day Share Price | 2022/01/26 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.