Executive Summary
HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company.
Snowflake
Fundamentals
Flawless balance sheet and overvalued.
Similar Companies
Share Price & News
How has HIVE Blockchain Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
2.5%
HIVE
-2.6%
CA Software
-0.2%
CA Market
1 Year Return
-64.7%
HIVE
17.4%
CA Software
1.1%
CA Market
Return vs Industry: HIVE underperformed the Canadian Software industry which returned 17.4% over the past year.
Return vs Market: HIVE underperformed the Canadian Market which returned 1.1% over the past year.
Shareholder returns
| HIVE | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.5% | -2.6% | -0.2% |
| 30 Day | -26.8% | -4.3% | -3.3% |
| 90 Day | -46.8% | -0.8% | -1.6% |
| 1 Year | -64.7%-64.7% | 19.3%17.4% | 4.6%1.1% |
| 3 Year | 115.8%115.8% | 69.1%65.1% | 13.1%3.1% |
| 5 Year | n/a | 151.1%143.8% | 24.7%6.7% |
Price Volatility Vs. Market
How volatile is HIVE Blockchain Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Introducing HIVE Blockchain Technologies (CVE:HIVE), The Stock That Soared 471% In The Last Three Years5 months ago | Simply Wall St
Do Institutions Own Shares In HIVE Blockchain Technologies Ltd. (CVE:HIVE)?7 months ago | Simply Wall St
Investors Who Bought HIVE Blockchain Technologies Shares Five Years Ago Are Now Up 2500%Valuation
Is HIVE Blockchain Technologies undervalued compared to its fair value and its price relative to the market?
1.82x
Price to Book (PB) ratio
Share Price vs. Fair Value
Undervalued: Insufficient data to calculate HIVE's fair value to establish if it is undervalued.
Significantly Undervalued: Insufficient data to calculate HIVE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: HIVE is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: HIVE is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate HIVE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HIVE is good value based on its PB Ratio (1.8x) compared to the CA Software industry average (2.5x).
Next Steps
Future Growth
How is HIVE Blockchain Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
13.6%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if HIVE's forecast earnings growth is above the savings rate (1.9%).
Earnings vs Market: Insufficient data to determine if HIVE's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HIVE's revenue (13.6% per year) is forecast to grow faster than the Canadian market (5.7% per year).
High Growth Revenue: HIVE's revenue (13.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if HIVE's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has HIVE Blockchain Technologies performed over the past 5 years?
-86.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: HIVE is unprofitable, and losses have increased over the past 5 years at a rate of -86.2% per year.
Accelerating Growth: Unable to compare HIVE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HIVE is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (23.6%).
Return on Equity
High ROE: HIVE has a negative Return on Equity (-461.52%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: HIVE is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: HIVE is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is HIVE Blockchain Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: HIVE's short term assets ($21.9M) exceeds its short term liabilities ($4.7M)
Long Term Liabilities: HIVE's short term assets (21.9M) exceeds its long term liabilities (356.1K)
Debt to Equity History and Analysis
Debt Level: HIVE's debt to equity ratio (10.2%) is considered satisfactory
Reducing Debt: HIVE had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Inventory Level: HIVE has a high level of physical assets or inventory.
Debt Coverage by Assets: HIVE's debt is covered by short term assets (assets are 7.625330x debt).
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: HIVE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HIVE has sufficient cash runway for 1.341310 years if free cash flow continues to reduce at historical rates of -59.3% each year.
Next Steps
Dividend
What is HIVE Blockchain Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate HIVE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate HIVE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if HIVE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HIVE'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 HIVE's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
What is the CEO of HIVE Blockchain Technologies's salary, the management and board of directors tenure and is there insider trading?
0.9yrs
Average management tenure
CEO
Frank Holmes (64yo)
0.8yrs
Tenure
US$391,735
Compensation
Mr. Frank Edward Holmes serves as Independent Chairman at GoldSpot Discoveries Corp.,since February 2019. Mr. Holmes serves as Interim Chief Executive Officer of HIVE Blockchain Technologies Ltd. since 201Â ...
Management Age and Tenure
0.9yrs
Average Tenure
Experienced Management: HIVE's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Age and Tenure
2.2yrs
Average Tenure
Experienced Board: HIVE's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 6,584,560 |
| Max Price | US$0.51 |
| Entity | Company |
| Shares | 24,000,000 |
| Max Price | US$0.35 |
Ownership Breakdown
Management Team
Frank Holmes (64yo)
Interim Executive Chairman & Interim CEO
- Tenure: 0.8yrs
- Compensation: US$391.74k
Darcy Daubaras
Chief Financial Officer
- Tenure: 0.9yrs
Olivier Newton
Founder
- Tenure: 2.2yrs
- Compensation: US$391.74k
Board Members
Marcus New (48yo)
Director
- Tenure: 1.6yrs
- Compensation: US$151.05k
Frank Holmes (64yo)
Interim Executive Chairman & Interim CEO
- Tenure: 0.8yrs
- Compensation: US$391.74k
Olivier Newton
Founder
- Tenure: 2.2yrs
- Compensation: US$391.74k
Tobias Ebel
Director
- Tenure: 2.2yrs
- Compensation: US$498.78k
Company Information
HIVE Blockchain Technologies Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: HIVE Blockchain Technologies Ltd.
- Ticker: HIVE
- Exchange: TSXV
- Founded: 1987
- Industry: Application Software
- Sector: Software
- Market Cap: CA$67.044m
- Shares outstanding: 327.05m
- Website: https://www.hiveblockchain.com
Location
- HIVE Blockchain Technologies Ltd.
- 555 Burrard Street
- Vancouver
- British Columbia
- V7X 1M8
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HIVE | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Sep 1988 |
| HVBT.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Sep 1988 |
| HBF | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Sep 1988 |
Biography
HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company. It is involved in the mining and sale of digital currencies, such as Ethereum, Ethereum Classic, ZCash, and Bitcoin. The compa ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/19 23:37 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
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.