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DGHI

Digihost TechnologyTSXV:DGHI Stock Report

Last Price

CA$4.37

Market Cap

CA$109.1m

7D

-5.8%

1Y

117.4%

Updated

27 Jan, 2022

Data

Company Financials
DGHI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

DGHI Stock Overview

Digihost Technology Inc. operates as a blockchain technology company.

Digihost Technology Competitors

Hut 8 Mining

TSX:HUT

CA$1.2b

HIVE Blockchain Technologies

TSXV:HIVE

CA$914.1m

Bitfarms

TSXV:BITF

CA$864.9m

DMG Blockchain Solutions

TSXV:DMGI

CA$106.9m

Price History & Performance

Summary of all time highs, changes and price drops for Digihost Technology
Historical stock prices
Current Share PriceCA$4.37
52 Week HighCA$17.61
52 Week LowCA$1.92
Beta0
1 Month Change-30.75%
3 Month Change-29.40%
1 Year Change117.41%
3 Year Changen/a
5 Year Changen/a
Change since IPO58.33%

Recent News & Updates

Sep 08
We Think Digihost Technology (CVE:DGHI) Needs To Drive Business Growth Carefully

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

DGHICA SoftwareCA Market
7D-5.8%-6.3%-2.9%
1Y117.4%-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

Is DGHI's price volatile compared to industry and market?
DGHI volatility
DGHI Average Weekly Movement15.4%
Software Industry Average Movement11.4%
Market Average Movement9.8%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market3.7%

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

FoundedEmployeesCEOWebsite
n/an/aMichel Amarhttps://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

How do Digihost Technology's earnings and revenue compare to its market cap?
DGHI fundamental statistics
Market CapUS$86.58m
Earnings (TTM)-US$694.87k
Revenue (TTM)US$16.55m

5.2x

P/S Ratio

-124.6x

P/E Ratio

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/27 00:14
End of Day Share Price2022/01/26 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.