# HIVE Digital Technologies Ltd. (HIVE) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology. Price $3.11, market value $853 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). HIVE Digital Technologies Ltd. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 2.6×**. Each dollar of revenue is priced at 2.6×.
- **Price / book: 2.0×**. The shares trade at 2.0× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -14.1%** (5-yr avg -33.5%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: -25.9%**. HIVE Digital Technologies Ltd. keeps -25.9% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -69.8%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -49.8%**. The company reported a net loss over the last twelve months.
- **Return on equity: -28.0%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -40.7%**. Return on all capital, debt included, is -40.7%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -51.1%**. Each dollar of assets produces -51.1% of profit.

## Growth
- **Revenue growth (1 yr): 158.3%** (3-yr 41.0%/yr). Revenue grew 158.3% over the last year.
- **EPS growth (1 yr): -3200.0%**. Earnings per share fell 3200.0%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.13**. Debt is 0.13 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. HIVE Digital Technologies Ltd. holds more cash than debt.
- **Interest coverage: -97.4×**. Operating profit covers interest only -97.4×: fragile.
- **Current ratio: 1.10** (quick 0.90). Current assets cover the next year's liabilities 1.10 times.
- **Altman Z-score: 5.70**. A Z-score of 5.70 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. HIVE Digital Technologies Ltd. does not currently pay a dividend, but it returned -18.5% of its market value through buybacks over the last year.

## Analyst view
- **Analyst consensus: strong_buy** (8 analysts). 8 analysts cover HIVE Digital Technologies Ltd.; the consensus is strong_buy, with an average price target of $7.13 (+129% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 14.8%** (YTD 20.5%, 3-mo -17.5%). The shares are up 14.8% over twelve months including dividends.
- **From 52-week high: -60.3%** (79.8% above the low). Trading 60% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 55**. An RSI of 55 is neutral.
- **Beta (1 yr): 3.60** (volatility 103%). Beta of 3.60 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=HIVE · Page: https://foliofundamentals.com/stocks/hive

Not investment advice.