Riot Platforms, Inc.

LSE:0KX0 Stock Report

Market Cap: €6.7b

Riot Platforms Valuation

Is 0KX0 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0KX0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

€26.69
Fair Value
30.7% undervalued intrinsic discount
18
Number of Analysts

Below Fair Value: Insufficient data to calculate 0KX0's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 0KX0's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0KX0?

Key metric: As 0KX0 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 0KX0. This is calculated by dividing 0KX0's market cap by their current revenue.
What is 0KX0's PS Ratio?
PS Ratio14.3x
SalesUS$541.72m
Market CapUS$7.77b

Price to Sales Ratio vs Peers

How does 0KX0's PS Ratio compare to its peers?

The above table shows the PS ratio for 0KX0 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.2x
SGE Sage Group
4.4x7.75%UK£10.7b
BYIT Bytes Technology Group
4.5x7.68%UK£967.6m
ALFA Alfa Financial Software Holdings
5.7x7.68%UK£689.8m
GBG GB Group
2.2x3.54%UK£612.0m
0KX0 Riot Platforms
14.3x22.50%€7.8b

Price-To-Sales vs Peers: 0KX0 is expensive based on its Price-To-Sales Ratio (14.3x) compared to the peer average (4.2x).

Price to Sales Ratio vs Industry

How does 0KX0's PS Ratio compare vs other companies in the GB Software Industry?

12 CompaniesPrice / SalesEstimated GrowthMarket Cap
ZOO ZOO Digital Group
0.3xn/aUS$14.77m
ESYS essensys
0.5x-18.89%US$14.27m
S247 Smarttech247 Group
0.4x4.50%US$6.29m
PEG Petards Group
0.3xn/aUS$5.88m
0KX0 14.3xIndustry Avg. 3.1xNo. of Companies12PS0246810+
12 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0KX0 is expensive based on its Price-To-Sales Ratio (14.3x) compared to the UK Software industry average (3.1x).

Price to Sales Ratio vs Fair Ratio

What is 0KX0'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.

0KX0 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio14.3x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 0KX0's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

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

The above table shows the analyst 0KX0 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€18.50
€17.86
-3.42%
30.41%€35.78€9.37n/a18
Oct ’26€16.80
€17.29
+2.95%
30.57%€35.81€9.38n/a18
Sep ’26n/a
€14.87
0%
16.10%€20.51€9.40n/a17
Aug ’26n/a
€15.26
0%
16.84%€21.59€9.50n/a15
Jul ’26n/a
€13.58
0%
18.68%€18.68€9.34n/a15
Jun ’26n/a
€13.56
0%
20.64%€19.38€7.93n/a15
May ’26n/a
€14.08
0%
18.60%€19.40€7.94n/a15
Apr ’26n/a
€15.73
0%
21.48%€21.32€8.34n/a15
Mar ’26n/a
€17.11
0%
17.16%€22.11€12.98n/a15
Feb ’26n/a
€17.47
0%
19.15%€23.83€12.39n/a15
Jan ’26n/a
€17.27
0%
21.55%€24.12€10.61n/a15
Dec ’25n/a
€15.93
0%
24.27%€22.87€9.05n/a14
Nov ’25n/a
€14.92
0%
29.47%€22.07€7.56n/a14
Oct ’25n/a
€14.95
0%
27.90%€19.87€7.43€16.8014
Sep ’25n/a
€15.34
0%
25.21%€20.55€8.49n/a13
Aug ’25n/a
€16.18
0%
22.31%€21.31€10.19n/a13
Jul ’25n/a
€16.53
0%
20.76%€21.37€11.15n/a12
Jun ’25n/a
€16.44
0%
17.22%€20.28€11.98n/a12
May ’25n/a
€18.20
0%
19.24%€24.32€12.63n/a12
Apr ’25n/a
€18.27
0%
20.41%€24.21€10.24n/a12
Mar ’25n/a
€18.10
0%
21.54%€23.99€10.15n/a11
Feb ’25n/a
€17.19
0%
23.97%€23.87€10.10n/a11
Jan ’25n/a
€16.64
0%
21.59%€20.90€10.22n/a11
Dec ’24n/a
€14.89
0%
23.92%€20.23€7.36n/a11
Nov ’24n/a
€16.30
0%
23.44%€21.63€7.10n/a11
Oct ’24n/a
€18.63
0%
11.51%€21.50€14.96n/a9
€18.46
Fair Value
0.2% overvalued intrinsic discount
18
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/13 09:20
End of Day Share Price 2025/10/08 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Riot Platforms, Inc. is covered by 25 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew Charles BealeArete Research Services LLP
Martin TonerATB Capital Markets
Nicholas GilesB. Riley Securities, Inc.