Excluded
DCF
Free cash flow, growth, discount rate, and terminal growth form an intrinsic value range.
---
-Positive free-cash-flow history is shorter than two years.
H
Financial ServicesCapital MarketsUnited States
Hut 8 Corp. (HUT) Valuation Assumptions
Review Hut 8 Corp. (HUT) valuation assumptions across intrinsic value, DCF, reverse DCF implied growth, EV/EBITDA, P/FCF, and financial trends.
NMS · US · USD
Latest price98.46 USD
30D+84.97%
Price vs model medianLimited model referenceModel median is the median base output from applicable absolute models, excluding Reverse DCF.
What price implies
What does the current price imply?
At 98.46 USD, the model implies roughly - annual FCF growth for 10 years, with required long-term operating margin near Assumption unavailable and terminal growth around 3%. This module is a research reference.
Implied FCF CAGR-
10-year Reverse DCF scenario
Required long-term operating marginAssumption unavailable
Five-year median × 0.95
Implied terminal growth3%
From current model assumptions
Discount rate assumption9%
Estimated from current sector rules
Historical valuation multiples
How have EV/EBITDA and P/FCF changed over the last 5 years?
Annual fiscal-period anchored: month-end prices are paired with the most recent annual fiscal period ending on or before each date, covering the last 5 years (12 monthly samples). Multiples are research references; financial-sector or otherwise non-comparable companies require sector-specific context.
P/E
Market cap divided by reported net income (annual fiscal-period snapshot).
13.7x
Above history · P88
Current5Y medianTypical range IQR
5Y median6.35x
Current13.7x · P88
5Y low 3.54xCurrent vs median+116%5Y high 15.42x
IQR 4.61–8.75x · 12 monthly samples
EV/EBITDA
Enterprise value (market cap + debt − cash) divided by EBITDA.
9.37x
Above history · P88
Current5Y medianTypical range IQR
5Y median4.57x
Current9.37x · P88
5Y low 2.73xCurrent vs median+105%5Y high 10.49x
IQR 3.43–6.14x · 12 monthly samples
Month-end historical multiples
A date-friendly view for historical EV/EBITDA, P/FCF, and P/E queries.
Showing 8 of 12 month-end samples
| Month-end | Price | P/E | P/FCF | EV/EBITDA | Fiscal period used |
|---|---|---|---|---|---|
| 2025-11-28 | 45.00 USD | 13.7x | - | 9.37x | 2024-12-31 |
| 2025-10-31 | 50.66 USD | 15.42x | - | 10.49x | 2024-12-31 |
| 2025-09-30 | 34.81 USD | 10.6x | - | 7.34x | 2024-12-31 |
| 2025-08-29 | 26.73 USD | 8.14x | - | 5.74x | 2024-12-31 |
| 2025-07-31 | 21.23 USD | 6.46x | - | 4.64x | 2024-12-31 |
| 2025-06-30 | 18.60 USD | 5.66x | - | 4.12x | 2024-12-31 |
| 2025-05-30 | 15.27 USD | 4.65x | - | 3.46x | 2024-12-31 |
| 2025-04-30 | 12.31 USD | 3.75x | - | 2.87x | 2024-12-31 |
Valuation overview
How do the valuation assumptions fit together?
Hut 8 Corp. (HUT) valuation on TickerVal is designed to help readers understand the operating expectations embedded in the current market price. At 98.46 USD, the page brings intrinsic value analysis, DCF outputs, reverse DCF implied growth, EV/EBITDA, P/FCF, and valuation assumptions into one research view within the Financial Services sector and the Capital Markets industry. Instead of treating one model as a final answer, TickerVal compares cash-flow, earnings-power, balance-sheet, and relative-multiple lenses so the differences between models are visible. The reverse DCF view currently shows implied growth of not available, while the model median reference sits at a limited composite reference versus the current price. The DCF and reverse DCF sections focus on free cash flow, discount rate, terminal growth, and the long-term growth path implied by the current price. EV/EBITDA and P/FCF provide additional context for capital structure and cash-flow multiples. The financial trends section connects those valuation assumptions back to reported revenue of 235M USD, free cash flow of -787M USD, margins, and balance-sheet facts from public filings. Readers can use the layout to compare assumptions across models before reviewing the underlying source data. This page is intended for transparent research reference, model review, and assumption checking.
Valuation model range vs. current price
Each row shows a model output range, with a vertical line for the current price.
Model ranges are unavailable.
Current price reference line
Why do valuation models give different answers?
Different models rely on different financial facts. The status blocks show which lenses fit this page data.
| Model | Fit | Context |
|---|---|---|
| DCF | Not meaningful | For financial companies, cash-flow models are a limited research reference; balance-sheet lenses carry more context. |
| Owner Earnings | Not meaningful | Owner-earnings proxies are not meaningful for financial balance-sheet businesses. |
| Reverse DCF | Not meaningful | Reverse DCF is a limited scenario lens for financial companies. |
| Earnings Power Value | Not meaningful | Earnings power value depends on operating profit, which is not the main lens for this sector. |
| Graham Number | Limited | Works best when EPS and book value are both positive. |
| Dividend Discount Model | Not meaningful | Needs explicit dividend history, which is not included in the current version. |
| Net-Net Liquidation Value | Not meaningful | Requires current asset and liability detail beyond the current data set. |
| PEG | Not meaningful | A quick growth multiple lens when EPS history is positive. |
| EV/EBITDA | Not meaningful | EV/EBITDA is not meaningful for financial balance-sheet businesses. |
| P/FCF | Not meaningful | P/FCF is a limited research reference for financial companies. |
| P/B | Suitable | A balance-sheet lens is more relevant for financial companies. |
| P/S | Limited | A revenue multiple lens when profit or FCF is not stable. |
| Peer Comparison | Not meaningful | Standardized peer comparisons are not included in the current version. |
Which valuation models are being calculated?
Hover each model row to inspect formulas and inputs.
Current price98.46 USD
Model median referenceLimited model reference
Price vs model medianLimited model reference
Price date2026/05/08
The aggregated models are mostly limited-reference views, so the composite range bar is not shown.
Calculated
Owner Earnings
Uses net income, D&A, and capex as an owner-earnings proxy.
17.28 USD19.48 USD20.83 USD
19.48 USDCurrent price is 405.4% above the base model value.Adjusted reference: 9.29 USD
Excluded
Reverse DCF
Solves the forward FCF growth rate implied by the current price.
Implied growth-
-
-Positive free-cash-flow samples are insufficient.
Calculated
Earnings Power Value
Estimates earnings power value without assuming growth.
34.73 USD34.73 USD34.73 USD
34.73 USDCurrent price is 183.5% above the base model value.
Updated: 2026/05/10
Which financial trends support the assumptions?
Annual financial metrics with switchable views. · Unit: USD
FY2025 · Dec 2025 report13 records
Revenue235M USD
Net income-226M USD
Free cash flow-787M USD
CapEx-648M USD
Operating cash flow-139M USD
Valuation basis and non-recurring items
Collapsed by default. Expand to inspect structured one-time items and adjusted figures without making them the primary page focus.
ExpandCollapse
Valuation basis and non-recurring items
Collapsed by default. Expand to inspect structured one-time items and adjusted figures without making them the primary page focus.
A positive amountAfterTax means the item increased reported net income; a negative value means it reduced reported net income. Adjusted net income = reported net income minus total after-tax impact. Valuation defaults to reported figures; adjusted figures are shown to observe one-time-item impact.
| Period | Item | Category | After-tax impact | Confidence |
|---|---|---|---|---|
| 2025/12/31 | Asset sale gain/loss | Asset sale gain/loss | 52M USD | Medium |
| 2025/12/31 | Special income/charges | Other | -177M USD | Medium |
| 2024/12/31 | Asset sale gain/loss | Asset sale gain/loss | 1M USD | Medium |
| 2024/12/31 | Other special charges | Other | -5M USD | Medium |
| 2024/12/31 | Restructuring and merger costs | Restructuring | -2M USD | Medium |
| 2024/12/31 | Special income/charges | Other | 406M USD | Medium |
| 2024/12/31 | Write-off | Impairment | -4M USD | Medium |
| 2023/06/30 | Asset impairment | Impairment | -50M USD | Medium |
| 2023/06/30 | Asset sale gain/loss | Asset sale gain/loss | 4M USD | Medium |
| 2023/06/30 | Other special charges | Other | -20M USD | Medium |
| 2023/06/30 | Special income/charges | Other | -34M USD | Medium |
| 2023/06/30 | Write-off | Impairment | -3M USD | Medium |
| 2022/06/30 | Asset sale gain/loss | Asset sale gain/loss | 4M USD | Medium |
| 2022/06/30 | Special income/charges | Other | -24M USD | Medium |
| 2022/06/30 | Write-off | Impairment | -24M USD | Medium |
| 2026/03/31 | Asset sale gain/loss | Asset sale gain/loss | 30M USD | Medium |
| 2026/03/31 | Restructuring and merger costs | Restructuring | -27M USD | Medium |
| 2026/03/31 | Special income/charges | Other | -207M USD | Medium |
| 2025/12/31 | Asset sale gain/loss | Asset sale gain/loss | 44M USD | Medium |
| 2025/12/31 | Special income/charges | Other | -318M USD | Medium |
| 2025/09/30 | Asset sale gain/loss | Asset sale gain/loss | 3M USD | Medium |
| 2025/09/30 | Special income/charges | Other | 59M USD | Medium |
| 2025/06/30 | Asset sale gain/loss | Asset sale gain/loss | -12M USD | Medium |
| 2025/06/30 | Special income/charges | Other | 172M USD | Medium |
| 2025/03/31 | Asset sale gain/loss | Asset sale gain/loss | 16M USD | Medium |
| 2025/03/31 | Special income/charges | Other | -91M USD | Medium |
| 2024/09/30 | Asset impairment | Impairment | -5M USD | Medium |
| 2024/09/30 | Asset sale gain/loss | Asset sale gain/loss | 852K USD | Medium |
| 2024/09/30 | Discontinued operations | Discontinued operations | -9M USD | High |
| 2024/06/30 | Asset impairment | Impairment | -5M USD | Medium |
| 2024/06/30 | Asset sale gain/loss | Asset sale gain/loss | 150K USD | Medium |
| 2024/06/30 | Discontinued operations | Discontinued operations | -11M USD | High |
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Which reported financials feed the models?
Financial DetailsShowing latest 5 / 13
| Period | Type | Revenue | Net Income | Adjusted net income | Free Cash Flow | Diluted EPS | Adjusted EPS |
|---|---|---|---|---|---|---|---|
| 2025/12/31 | Annual | 235M USD | -226M USD | -100M USD | -787M USD | -2.14 | -0.95 |
| 2024/12/31 | Annual | 162M USD | 332M USD | -65M USD | -333M USD | 3.4 | -0.67 |
| 2023/06/30 | Annual | 82M USD | -66M USD | 37M USD | -32M USD | -1.58 | 0.9 |
| 2022/06/30 | Annual | 74M USD | -32M USD | 12M USD | -80M USD | -0.94 | 0.35 |
| 2021/06/30 | Annual | 4M USD | -9M USD | - | - | -0.42 | - |
Where does this data come from?
Open to inspect field-level SEC EDGAR source, filing form, and derived notes.
SEC EDGAR
Where does this data come from?
Open to inspect field-level SEC EDGAR source, filing form, and derived notes.
Frequently asked questions
Quick notes on price-implied expectations, model differences, and source data.
What is Hut 8 Corp.'s intrinsic value?
Hut 8 Corp.'s intrinsic value on TickerVal is reviewed through DCF outputs, reverse DCF implied growth, EV/EBITDA, P/FCF, valuation assumptions, and financial trends from public filings.
How is HUT valued on TickerVal?
TickerVal values HUT by comparing intrinsic value models, DCF and reverse DCF assumptions, cash-flow multiples, earnings-power references, and reported financial trends.
What does the current stock price imply?
The reverse DCF view estimates the free-cash-flow growth path implied by the current stock price under stated discount-rate and terminal-growth assumptions.
Which valuation models are used?
TickerVal uses DCF, reverse DCF, Owner Earnings, EPV, Graham Number, EV/EBITDA, P/FCF, P/B, P/S, and other model references where the underlying data is available.
Is this investment advice?
No. TickerVal does not provide investment advice, ratings, price targets, or buy/sell recommendations.
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