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HUT 8 CORP (HUT.CA) Stock Fundamental Analysis

TSX:HUT - Toronto Stock Exchange - US44812J1043 - Common Stock - Currency: CAD

21.52  -1.82 (-7.8%)

Fundamental Rating

4

HUT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 62 industry peers in the Software industry. Both the profitability and financial health of HUT have multiple concerns. HUT has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

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3

1. Profitability

1.1 Basic Checks

HUT had positive earnings in the past year.
HUT had a negative operating cash flow in the past year.
In multiple years HUT reported negative net income over the last 5 years.
HUT had negative operating cash flow in 4 of the past 5 years.
HUT.CA Yearly Net Income VS EBIT VS OCF VS FCFHUT.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -50M -100M -150M -200M

1.2 Ratios

HUT has a better Return On Assets (12.51%) than 93.55% of its industry peers.
HUT has a better Return On Equity (20.60%) than 83.87% of its industry peers.
Industry RankSector Rank
ROA 12.51%
ROE 20.6%
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
HUT.CA Yearly ROA, ROE, ROICHUT.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -100 -200 -300 -400

1.3 Margins

HUT's Profit Margin of 95.22% is amongst the best of the industry. HUT outperforms 98.39% of its industry peers.
HUT's Profit Margin has declined in the last couple of years.
HUT has a Gross Margin (35.07%) which is comparable to the rest of the industry.
Industry RankSector Rank
OM N/A
PM (TTM) 95.22%
GM 35.07%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-39.72%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
HUT.CA Yearly Profit, Operating, Gross MarginsHUT.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -100 -200

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3

2. Health

2.1 Basic Checks

HUT does not have a ROIC to compare to the WACC, probably because it is not profitable.
There is no outstanding debt for HUT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
HUT.CA Yearly Shares OutstandingHUT.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 50M 100M 150M 200M
HUT.CA Yearly Total Debt VS Total AssetsHUT.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 200M 400M 600M

2.2 Solvency

HUT has an Altman-Z score of 1.48. This is a bad value and indicates that HUT is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of HUT (1.48) is comparable to the rest of the industry.
HUT has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
HUT has a Debt to Equity ratio (0.43) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF N/A
Altman-Z 1.48
ROIC/WACCN/A
WACC9.64%
HUT.CA Yearly LT Debt VS Equity VS FCFHUT.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 200M 400M

2.3 Liquidity

A Current Ratio of 1.68 indicates that HUT should not have too much problems paying its short term obligations.
With a Current ratio value of 1.68, HUT perfoms like the industry average, outperforming 58.06% of the companies in the same industry.
HUT has a Quick Ratio of 1.68. This is a normal value and indicates that HUT is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.68, HUT is in line with its industry, outperforming 58.06% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.68
Quick Ratio 1.68
HUT.CA Yearly Current Assets VS Current LiabilitesHUT.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 100M 200M 300M 400M

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6

3. Growth

3.1 Past

HUT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 145.85%, which is quite impressive.
The earnings per share for HUT have been decreasing by -17.50% on average. This is quite bad
HUT shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -59.78%.
Measured over the past years, HUT shows a small growth in Revenue. The Revenue has been growing by 4.16% on average per year.
EPS 1Y (TTM)145.85%
EPS 3Y-17.5%
EPS 5YN/A
EPS Q2Q%82.5%
Revenue 1Y (TTM)-59.78%
Revenue growth 3Y14.18%
Revenue growth 5Y4.16%
Sales Q2Q%157.57%

3.2 Future

Based on estimates for the next years, HUT will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.87% on average per year.
HUT is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 67.85% yearly.
EPS Next Y115.72%
EPS Next 2Y-54.17%
EPS Next 3Y15.87%
EPS Next 5YN/A
Revenue Next Year151.57%
Revenue Next 2Y103.88%
Revenue Next 3Y122.13%
Revenue Next 5Y67.85%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
HUT.CA Yearly Revenue VS EstimatesHUT.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
HUT.CA Yearly EPS VS EstimatesHUT.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2020 2021 2022 2023 2024 2025 2026 0 1 -1

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4

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 12.51, HUT is valued correctly.
88.71% of the companies in the same industry are more expensive than HUT, based on the Price/Earnings ratio.
HUT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.17.
The Price/Forward Earnings ratio is 115.17, which means the current valuation is very expensive for HUT.
61.29% of the companies in the same industry are more expensive than HUT, based on the Price/Forward Earnings ratio.
HUT is valuated expensively when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 12.51
Fwd PE 115.17
HUT.CA Price Earnings VS Forward Price EarningsHUT.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
HUT.CA Per share dataHUT.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as HUT's earnings are expected to grow with 15.87% in the coming years.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y-54.17%
EPS Next 3Y15.87%

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0

5. Dividend

5.1 Amount

HUT does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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HUT 8 CORP

TSX:HUT (5/28/2025, 7:00:00 PM)

21.52

-1.82 (-7.8%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-13 2024-11-13/bmo
Earnings (Next)N/A N/A
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap954.16M
Analysts74.29
Price Target30.6 (42.19%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2011.28%
Min EPS beat(2)-4701.98%
Max EPS beat(2)679.42%
EPS beat(4)2
Avg EPS beat(4)-1030.84%
Min EPS beat(4)-4701.98%
Max EPS beat(4)679.42%
EPS beat(8)3
Avg EPS beat(8)-569.46%
EPS beat(12)5
Avg EPS beat(12)-677.91%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-20.81%
Min Revenue beat(2)-25.63%
Max Revenue beat(2)-16%
Revenue beat(4)1
Avg Revenue beat(4)-1.23%
Min Revenue beat(4)-25.63%
Max Revenue beat(4)61.02%
Revenue beat(8)1
Avg Revenue beat(8)-6.95%
Revenue beat(12)2
Avg Revenue beat(12)-6.39%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 12.51
Fwd PE 115.17
P/S 6.68
P/FCF N/A
P/OCF N/A
P/B 1.45
P/tB 1.62
EV/EBITDA N/A
EPS(TTM)1.72
EY7.99%
EPS(NY)0.19
Fwd EY0.87%
FCF(TTM)-1.48
FCFYN/A
OCF(TTM)-1.17
OCFYN/A
SpS3.22
BVpS14.89
TBVpS13.28
PEG (NY)0.11
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 12.51%
ROE 20.6%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 95.22%
GM 35.07%
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-39.72%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.13
Health
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 107.11%
Cap/Sales 9.69%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.68
Quick Ratio 1.68
Altman-Z 1.48
F-Score3
WACC9.64%
ROIC/WACCN/A
Cap/Depr(3y)151.25%
Cap/Depr(5y)101.8%
Cap/Sales(3y)32.99%
Cap/Sales(5y)24.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)145.85%
EPS 3Y-17.5%
EPS 5YN/A
EPS Q2Q%82.5%
EPS Next Y115.72%
EPS Next 2Y-54.17%
EPS Next 3Y15.87%
EPS Next 5YN/A
Revenue 1Y (TTM)-59.78%
Revenue growth 3Y14.18%
Revenue growth 5Y4.16%
Sales Q2Q%157.57%
Revenue Next Year151.57%
Revenue Next 2Y103.88%
Revenue Next 3Y122.13%
Revenue Next 5Y67.85%
EBIT growth 1Y36.47%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year513.36%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y76.85%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y50.59%
OCF growth 3YN/A
OCF growth 5YN/A