How does ZT8's PS Ratio compare to its peers?

ZT8 is expensive based on its Price-To-Sales Ratio (19.9x) compared to the peer average (12.5x).

How does ZT8's PS Ratio compare vs other companies in the DE Software Industry?

ZT8 is expensive based on its Price-To-Sales Ratio (19.9x) compared to the German Software industry average (2.1x).

What is ZT8's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate ZT8's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of ZT8 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate ZT8's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

ZT8 Stock Overview

Operates as a digital asset technology company in the United States. More details

ZT8 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	5/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Earnings are forecast to grow 112.27% per year

Analysts in good agreement that stock price will rise by 50.3%

Risk Analysis

Has less than 1 year of cash runway

Shareholders have been substantially diluted in the past year

Highly volatile share price over the past 3 months compared to the German market

My Notes

Capture your thoughts, links and company narrative

TeraWulf Inc. Competitors

Northern Data

DB:NB2

€2.7b

ATOSS Software

XTRA:AOF

€1.8b

TeamViewer

XTRA:TMV

€1.4b

Mensch und Maschine Software

XTRA:MUM

€892.1m

Price History & Performance

Summary of share price highs, lows and changes for TeraWulf
Historical stock prices
Current Share Price	US$6.50
52 Week High	US$8.71
52 Week Low	US$5.71
Beta	4.05
1 Month Change	-8.84%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	4.22%

Recent updates

Shareholder Returns

	ZT8	DE Software	DE Market
7D	-15.0%	-1.6%	-2.0%
1Y	n/a	65.4%	6.9%

Return vs Industry: Insufficient data to determine how ZT8 performed against the German Software industry.

Return vs Market: Insufficient data to determine how ZT8 performed against the German Market.

Price Volatility

Is ZT8's price volatile compared to industry and market?
ZT8 volatility
ZT8 Average Weekly Movement	18.3%
Software Industry Average Movement	5.1%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.3%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: ZT8's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine ZT8's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2021	10	Paul Prager	www.terawulf.com

TeraWulf Inc., together with its subsidiaries, operates as a digital asset technology company in the United States. The company develops, owns, and operates bitcoin mining facilities in New York and Pennsylvania. It is also involved in the provision of miner hosting services to third-party entities.

TeraWulf Inc. Fundamentals Summary

How do TeraWulf's earnings and revenue compare to its market cap?
ZT8 fundamental statistics
Market cap	€2.44b
Earnings (TTM)	-€52.60m
Revenue (TTM)	€123.01m

19.9x

P/S Ratio

-46.5x

P/E Ratio

Is ZT8 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ZT8 income statement (TTM)
Revenue	US$128.35m
Cost of Revenue	US$51.92m
Gross Profit	US$76.43m
Other Expenses	US$131.31m
Earnings	-US$54.88m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.14
Gross Margin	59.55%
Net Profit Margin	-42.76%
Debt/Equity Ratio	0%

How did ZT8 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 03:03
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TeraWulf Inc. is covered by 11 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Lucas Pipes	B. Riley Securities, Inc.
Joshua Siegler	Cantor Fitzgerald & Co.
Brett Knoblauch	Cantor Fitzgerald & Co.

TeraWulf BST:ZT8 Stock Report