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HIVE Blockchain Technologies

OTCPK:HVBT.F
Snowflake Description

Adequate balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HVBT.F
OTCPK
CA$181M
Market Cap
  1. Home
  2. US
  3. Software
Company description

HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining firm. The last earnings update was 19 days ago. More info.


Add to Portfolio Compare Print
  • HIVE Blockchain Technologies has significant price volatility in the past 3 months.
HVBT.F Share Price and Events
7 Day Returns
14.6%
OTCPK:HVBT.F
2%
US IT
1.6%
US Market
1 Year Returns
-65.1%
OTCPK:HVBT.F
15.4%
US IT
3.2%
US Market
HVBT.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
HIVE Blockchain Technologies (HVBT.F) 14.6% 31.7% 77.5% -65.1% - -
US IT 2% 4.7% 20.1% 15.4% 79.5% 95.3%
US Market 1.6% 2.1% 12.8% 3.2% 38.6% 43.6%
1 Year Return vs Industry and Market
  • HVBT.F underperformed the IT industry which returned 15.4% over the past year.
  • HVBT.F underperformed the Market in United States of America which returned 3.2% over the past year.
Price Volatility
HVBT.F
Industry
5yr Volatility vs Market

HVBT.F Value

 Is HIVE Blockchain Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of HIVE Blockchain Technologies to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for HIVE Blockchain Technologies.

OTCPK:HVBT.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:HVBT.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.06
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.063 (1 + (1- 26.5%) (2.05%))
1.053
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.053 * 5.96%)
9.01%

Discounted Cash Flow Calculation for OTCPK:HVBT.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for HIVE Blockchain Technologies is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:HVBT.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.01%)
2019 -5.18 Analyst x1 -4.75
2020 29.68 Analyst x1 24.98
2021 43.78 Analyst x1 33.80
2022 37.82 Analyst x1 26.79
2023 19.29 Analyst x1 12.53
2024 17.91 Est @ -7.15% 10.68
2025 17.16 Est @ -4.19% 9.38
2026 16.80 Est @ -2.11% 8.43
2027 16.69 Est @ -0.66% 7.68
2028 16.75 Est @ 0.36% 7.07
Present value of next 10 years cash flows $136.58
OTCPK:HVBT.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $16.75 × (1 + 2.73%) ÷ (9.01% – 2.73%)
$274.12
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $274.12 ÷ (1 + 9.01%)10
$115.72
OTCPK:HVBT.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $136.58 + $115.72
$252.30
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $252.30 / 334.92
$0.75
OTCPK:HVBT.F Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSXV:HIVE)
1.331
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $0.75 x 1.331
CA$1
Non-primary Listing Adjustment Factor 1 share in OTCPK:HVBT.F represents 0.75611x of TSXV:HIVE
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.75611x
Value per Share
(Listing Adjusted, USD)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 1.00 x 0.75611
$0.76
Value per share (USD) From above. $0.76
Current discount Discount to share price of $0.41
= -1 x ($0.41 - $0.76) / $0.76
46.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price HIVE Blockchain Technologies is available for.
Intrinsic value
46%
Share price is $0.4083 vs Future cash flow value of $0.75783
Current Discount Checks
For HIVE Blockchain Technologies to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • HIVE Blockchain Technologies's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • HIVE Blockchain Technologies's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for HIVE Blockchain Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are HIVE Blockchain Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:HVBT.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.24
TSXV:HIVE Share Price ** TSXV (2019-03-19) in CAD CA$0.54
TSXV:HIVE Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.752 $0.41
United States of America IT Industry PE Ratio Median Figure of 78 Publicly-Listed IT Companies 30.24x
United States of America Market PE Ratio Median Figure of 3,056 Publicly-Listed Companies 17.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of HIVE Blockchain Technologies.

OTCPK:HVBT.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:HIVE Share Price ÷ EPS (both in USD)

= 0.41 ÷ -0.24

-1.72x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • HIVE Blockchain Technologies is loss making, we can't compare its value to the US IT industry average.
  • HIVE Blockchain Technologies is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does HIVE Blockchain Technologies's expected growth come at a high price?
Raw Data
OTCPK:HVBT.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.72x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
United States of America IT Industry PEG Ratio Median Figure of 64 Publicly-Listed IT Companies 2.42x
United States of America Market PEG Ratio Median Figure of 2,107 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for HIVE Blockchain Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on HIVE Blockchain Technologies's assets?
Raw Data
OTCPK:HVBT.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.29
TSXV:HIVE Share Price * TSXV (2019-03-19) in CAD CA$0.54
TSXV:HIVE Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.752 $0.41
United States of America IT Industry PB Ratio Median Figure of 121 Publicly-Listed IT Companies 4.38x
United States of America Market PB Ratio Median Figure of 5,154 Publicly-Listed Companies 1.89x
OTCPK:HVBT.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:HIVE Share Price ÷ Book Value per Share (both in USD)

= 0.41 ÷ 0.29

1.41x

* Primary Listing of HIVE Blockchain Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • HIVE Blockchain Technologies is good value based on assets compared to the US IT industry average.
X
Value checks
We assess HIVE Blockchain Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. HIVE Blockchain Technologies has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

HVBT.F Future Performance

 How is HIVE Blockchain Technologies expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
137.3%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is HIVE Blockchain Technologies expected to grow at an attractive rate?
  • HIVE Blockchain Technologies's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • HIVE Blockchain Technologies's earnings growth is expected to exceed the United States of America market average.
  • HIVE Blockchain Technologies's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:HVBT.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:HVBT.F Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 137.3%
OTCPK:HVBT.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 12.6%
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 9.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:HVBT.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:HVBT.F Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-03-31 56 1
2022-03-31 91 1
2021-03-31 100 1
2020-03-31 88 1
2019-03-31 34 1
OTCPK:HVBT.F Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 35 -19 -74
2018-09-30 30 -19 -36
2018-06-30 24 -16 -28
2018-03-31 13 -25 -26
2017-12-31 3 -7 -20
2017-09-30 0 -1 -20
2017-06-30 -2 0
2017-03-31 0 -1
2016-12-31 -1 -1
2016-09-30 -1 -1
2016-06-30 0 -1
2016-03-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • HIVE Blockchain Technologies's earnings are expected to grow significantly at over 20% yearly.
  • HIVE Blockchain Technologies's revenue is expected to grow by 12.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:HVBT.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from HIVE Blockchain Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:HVBT.F Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-03-31
2022-03-31
2021-03-31
2020-03-31 0.04 0.20 -0.12 2.00
2019-03-31 -0.25 -0.25 -0.25 1.00
OTCPK:HVBT.F Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.24
2018-09-30 -0.12
2018-06-30 -0.11
2018-03-31 -0.14
2017-12-31 -0.15
2017-09-30 -0.25
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.02
2016-09-30 -0.02
2016-06-30 -0.02
2016-03-31 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if HIVE Blockchain Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess HIVE Blockchain Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
HIVE Blockchain Technologies has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

HVBT.F Past Performance

  How has HIVE Blockchain Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare HIVE Blockchain Technologies's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • HIVE Blockchain Technologies does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare HIVE Blockchain Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare HIVE Blockchain Technologies's 1-year growth to the US IT industry average as it is not currently profitable.
Earnings and Revenue History
HIVE Blockchain Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from HIVE Blockchain Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:HVBT.F Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 35.27 -73.50 6.58
2018-09-30 30.09 -35.53 8.38
2018-06-30 23.74 -28.49 10.97
2018-03-31 13.08 -25.80 9.36
2017-12-31 3.45 -19.71 6.81
2017-09-30 0.17 -20.02 3.56
2017-06-30 -0.39 0.07
2017-03-31 -0.54 0.06
2016-12-31 -0.64 0.03
2016-09-30 -0.65 0.07
2016-06-30 -0.66 0.08
2016-03-31 -0.63 0.09
2015-12-31 -0.61 0.12
2015-09-30 -0.58 0.10
2015-06-30 -0.57 0.11
2015-03-31 -0.53 0.11
2014-12-31 -0.58 0.14
2014-09-30 -0.62 0.19
2014-06-30 -0.72 0.19
2014-03-31 -0.58 0.18
2013-12-31 -0.56 0.17
2013-09-30 -0.49 0.12
2013-06-30 -0.38 0.14
2013-03-31 -0.47 0.14
2012-12-31 -0.65 0.16
2012-09-30 -0.56 0.15
2012-06-30 -0.53 0.13
2012-03-31 -0.58 0.17

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if HIVE Blockchain Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if HIVE Blockchain Technologies has efficiently used its assets last year compared to the US IT industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if HIVE Blockchain Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess HIVE Blockchain Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
HIVE Blockchain Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

HVBT.F Health

 How is HIVE Blockchain Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up HIVE Blockchain Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • HIVE Blockchain Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • HIVE Blockchain Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of HIVE Blockchain Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 6.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from HIVE Blockchain Technologies Company Filings, last reported 2 months ago.

OTCPK:HVBT.F Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 90.39 2.79 6.32
2018-09-30 125.99 2.77 12.46
2018-06-30 153.92 2.72 15.89
2018-03-31 151.11 0.00 14.73
2017-12-31 154.74 0.00 99.08
2017-09-30 11.39 0.17 3.45
2017-06-30 0.43 0.04 0.03
2017-03-31 -2.20 0.12 0.03
2016-12-31 -2.16 0.19 0.10
2016-09-30 -2.44 0.28 0.02
2016-06-30 -2.67 0.33 0.00
2016-03-31 -2.86 0.49 0.00
2015-12-31 -2.55 0.41 0.00
2015-09-30 -2.47 0.38 0.00
2015-06-30 -2.49 0.24 0.00
2015-03-31 -2.30 0.25 0.00
2014-12-31 -2.27 0.25 0.00
2014-09-30 -2.29 0.25 0.00
2014-06-30 -2.33 0.24 0.00
2014-03-31 -2.12 0.26 0.00
2013-12-31 -2.02 0.29 0.00
2013-09-30 -2.00 0.27 0.00
2013-06-30 -1.84 0.26 0.00
2013-03-31 -1.87 0.22 0.00
2012-12-31 -1.79 0.27 0.00
2012-09-30 -1.71 0.27 0.00
2012-06-30 -1.68 0.26 0.00
2012-03-31 -1.75 0.28 0.01
  • HIVE Blockchain Technologies's level of debt (3.1%) compared to net worth is satisfactory (less than 40%).
  • HIVE Blockchain Technologies had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
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.

  • HIVE Blockchain Technologies has less than a year of cash runway based on current free cash flow.
  • HIVE Blockchain Technologies has less than a year of cash runway if free cash flow continues to grow at historical rates of 114% each year.
X
Financial health checks
We assess HIVE Blockchain Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. HIVE Blockchain Technologies has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

HVBT.F Dividends

 What is HIVE Blockchain Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from HIVE Blockchain Technologies dividends.
If you bought $2,000 of HIVE Blockchain Technologies shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate HIVE Blockchain Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate HIVE Blockchain Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:HVBT.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 33 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:HVBT.F Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-03-31
2022-03-31
2021-03-31
2020-03-31
2019-03-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as HIVE Blockchain Technologies has not reported any payouts.
  • Unable to verify if HIVE Blockchain Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of HIVE Blockchain Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as HIVE Blockchain Technologies has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess HIVE Blockchain Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can HIVE Blockchain Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. HIVE Blockchain Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

HVBT.F Management

 What is the CEO of HIVE Blockchain Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • HIVE Blockchain Technologies has no CEO, or we have no data on them.
Management Team Tenure

Average tenure of the HIVE Blockchain Technologies management team in years:

0.6
Average Tenure
  • The average tenure for the HIVE Blockchain Technologies management team is less than 2 years, this suggests a new team.
Management Team

Frank Holmes

TITLE
Interim Executive Chairman
COMPENSATION
$392K
AGE
63
TENURE
0.6 yrs

Olivier Newton

TITLE
Founder
COMPENSATION
$392K
TENURE
0.6 yrs

Marco Streng

TITLE
Vice Chairman & Advisor

Darcy Daubaras

TITLE
Chief Financial Officer
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure of the HIVE Blockchain Technologies board of directors in years:

1.6
Average Tenure
  • The average tenure for the HIVE Blockchain Technologies board of directors is less than 3 years, this suggests a new board.
Board of Directors

Frank Holmes

TITLE
Interim Executive Chairman
COMPENSATION
$392K
AGE
63
TENURE
1.6 yrs

Olivier Newton

TITLE
Founder
COMPENSATION
$392K
TENURE
1.6 yrs

Marco Streng

TITLE
Vice Chairman & Advisor
TENURE
0.3 yrs

Bjoern Arzt

TITLE
Director
COMPENSATION
$499K
TENURE
1.6 yrs

Tobias Ebel

TITLE
Director
COMPENSATION
$499K
TENURE
1.6 yrs

Marcus New

TITLE
Director
COMPENSATION
$151K
AGE
47
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
02. Apr 18 Buy Marcus New Individual 29. Mar 18 29. Mar 18 30,000 $1.02 $30,456
X
Management checks
We assess HIVE Blockchain Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. HIVE Blockchain Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

HVBT.F News

Simply Wall St News

HVBT.F Company Info

Description

HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining firm. It engages in the mining and sale of digital currencies, such as Ethereum, Ethereum Classic, and ZCash. The company was formerly known as Leeta Gold Corp. and changed its name to HIVE Blockchain Technologies Ltd. in September 2017. HIVE Blockchain Technologies Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada.

Details
Name: HIVE Blockchain Technologies Ltd.
HVBT.F
Exchange: OTCPK
Founded: 1987
CA$135,932,232
334,924,435
Website: http://www.hiveblockchain.com
Address: HIVE Blockchain Technologies Ltd.
595 Burrard Street,
Suite 3123,
Vancouver,
British Columbia, V7X 1J1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV HIVE Common Shares TSX Venture Exchange CA CAD 06. Sep 1988
OTCPK HVBT.F Common Shares Pink Sheets LLC US USD 06. Sep 1988
DB HBF Common Shares Deutsche Boerse AG DE EUR 06. Sep 1988
Number of employees
Current staff
Staff numbers
0
HIVE Blockchain Technologies employees.
Industry
Data Processing and Outsourced Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 00:27
End of day share price update: 2019/03/19 00:00
Last estimates confirmation: 2019/03/06
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.