Riot Blockchain, Inc., together with its subsidiaries, focuses on cryptocurrency mining operation in North America.
Riot Blockchain Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$25.78|
|52 Week High||US$2.50|
|52 Week Low||US$79.50|
|1 Month Change||-33.16%|
|3 Month Change||-31.56%|
|1 Year Change||834.06%|
|3 Year Change||653.80%|
|5 Year Change||844.32%|
|Change since IPO||-95.70%|
Recent News & Updates
|RIOT||US Software||US Market|
Return vs Industry: RIOT exceeded the US Software industry which returned 34.7% over the past year.
Return vs Market: RIOT exceeded the US Market which returned 32.8% over the past year.
Stable Share Price: RIOT is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: RIOT's weekly volatility has decreased from 22% to 11% over the past year, but is still higher than 75% of US stocks.
About the Company
Riot Blockchain, Inc., together with its subsidiaries, focuses on cryptocurrency mining operation in North America. The company primarily focuses on bitcoin mining. As of December 31, 2020, it operated a fleet of 7,043 miners.
Riot Blockchain Fundamentals Summary
|RIOT fundamental statistics|
Is RIOT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RIOT income statement (TTM)|
|Cost of Revenue||US$21.70m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.30|
|Net Profit Margin||44.50%|
How did RIOT perform over the long term?See historical performance and comparison
Is Riot Blockchain undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RIOT ($25.78) is trading below our estimate of fair value ($294.1)
Significantly Below Fair Value: RIOT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RIOT is poor value based on its PE Ratio (85.1x) compared to the US Software industry average (60.1x).
PE vs Market: RIOT is poor value based on its PE Ratio (85.1x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: RIOT is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: RIOT is good value based on its PB Ratio (3.5x) compared to the US Software industry average (7.8x).
How is Riot Blockchain forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RIOT's forecast earnings growth (62.4% per year) is above the savings rate (2%).
Earnings vs Market: RIOT's earnings (62.4% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RIOT's revenue (63.7% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: RIOT's revenue (63.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RIOT's Return on Equity is forecast to be high in 3 years time
How has Riot Blockchain performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RIOT has a high level of non-cash earnings.
Growing Profit Margin: RIOT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: RIOT has become profitable over the past 5 years, growing earnings by 3% per year.
Accelerating Growth: RIOT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RIOT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (22.1%).
Return on Equity
High ROE: RIOT's Return on Equity (4.1%) is considered low.
How is Riot Blockchain's financial position?
Financial Position Analysis
Short Term Liabilities: RIOT's short term assets ($221.3M) exceed its short term liabilities ($37.5M).
Long Term Liabilities: RIOT's short term assets ($221.3M) exceed its long term liabilities ($154.7M).
Debt to Equity History and Analysis
Debt Level: RIOT is debt free.
Reducing Debt: RIOT has no debt compared to 5 years ago when its debt to equity ratio was 0.02%.
Debt Coverage: RIOT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RIOT has no debt, therefore coverage of interest payments is not a concern.
What is Riot Blockchain current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RIOT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RIOT'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 RIOT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RIOT'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 RIOT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jason Les (35 yo)
Mr. Jason Les serves as the Chief Executive Officer since February 8, 2021 and serves as the Non Independent Executive Director at Riot Blockchain, Inc. since November 2017 and was its Member of Advisory B...
Experienced Management: RIOT's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Experienced Board: RIOT's board of directors are considered experienced (3 years average tenure).
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 102.4%.
Riot Blockchain, Inc.'s employee growth, exchange listings and data sources
- Name: Riot Blockchain, Inc.
- Ticker: RIOT
- Exchange: NasdaqCM
- Founded: 2000
- Industry: Application Software
- Sector: Software
- Market Cap: US$2.474b
- Shares outstanding: 95.95m
- Website: https://www.riotblockchain.com
Number of Employees
- Riot Blockchain, Inc.
- 202 6th Street
- Suite 401
- Castle Rock
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/28 23:20|
|End of Day Share Price||2021/09/28 00:00|
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.