# Hut 8 Corp. (HUT) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Technology. Price $63.75, market value $7.9 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Hut 8 Corp. 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: 24.7×**. Each dollar of revenue is priced at 24.7×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 5.4×**. The shares trade at 5.4× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -10.4%** (5-yr avg -14.1%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 37.7%**. Hut 8 Corp. keeps 37.7% of revenue after the direct cost of what it sells.
- **Operating margin: -31.1%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -96.2%**. The company reported a net loss over the last twelve months.
- **Return on equity: -16.2%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -4.3%**. Return on all capital, debt included, is -4.3%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -19.9%**. Each dollar of assets produces -19.9% of profit.

## Growth
- **Revenue growth (1 yr): -64.4%** (3-yr 15.1%/yr, 5-yr 42.5%/yr). Revenue fell 64.4% over the last year, against 42.5% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -164.3%**. Earnings per share fell 164.3%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.31**. Debt is 0.31 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Hut 8 Corp. holds more cash than debt.
- **Current ratio: 1.09** (quick 1.09). Current assets cover the next year's liabilities 1.09 times.
- **Altman Z-score: 4.20**. A Z-score of 4.20 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Hut 8 Corp. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (23 analysts). 23 analysts cover Hut 8 Corp.; the consensus is strong_buy, with an average price target of $149.74 (+135% 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): 8.6%** (YTD 19.7%, 3-mo -50.9%). The shares are up 8.6% over twelve months including dividends.
- **From 52-week high: -54.7%** (101.3% above the low). Trading 55% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 31**. An RSI of 31 is neutral.
- **Beta (1 yr): 4.73** (volatility 107%). Beta of 4.73 against the S&P 500: the shares move much more than the market.

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

Not investment advice.