Hive Digital Technologies Ltd. (HIVE) intrinsic value & 10-year financials
Hive Digital Technologies Ltd. (HIVE) has a Graham intrinsic value of $9.63 per share. At $2.03 on Oct 17, 2026, the stock trades 79% below that value. Over the last 4 fiscal years revenue grew 61.3% a year to $297.8M, with an average return on invested capital of -6.1%.
- Graham intrinsic value
- $9.63
- Share price (Oct 17, 2026)
- $2.03
- Price vs Graham value
- 79% below
- Market cap
- $457.6M
- Revenue (FY2026)
- $297.8M
- Revenue growth (4-yr CAGR)
- 61.3%
- ROIC (10-yr avg)
- -6.1%
- Free cash flow (FY2026)
- $40.8M
HIVE 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $297.8M | -$148.4M | -$0.66 | $40.8M | — | -30.5% |
| FY2025 | $115.3M | -$3.0M | -$0.02 | — | — | -0.7% |
| FY2024 | $114.5M | $26.5M | $0.29 | — | — | 13.0% |
| FY2023 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
HIVE Digital Technologies Ltd. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
HIVE Digital Technologies Ltd. has historically struggled to out-earn its cost of capital, averaging just -15.6% ROIC.
HIVE Digital Technologies Ltd. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, HIVE Digital Technologies Ltd. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $9.63 per share.