Back to RIOT Overview
NCM · Valuation Lab
RIOT
Riot Platforms, Inc.
Last$21.50
Market cap8.1B
EV/EBITDA-26.8x
Intrinsic value
$0.26
MoS -8314.1% · Overvalued
Assuming 15.0% FCF margin and 3.6% Y1–5 growth.
Upside to price
EV (DCF)768.1M
Terminal share29%
Expected IV$0.42
Probability weights
Projected free cash flows
Stage FCF path with present values · terminal 29% of EV
PV of stage FCFs545.9M
PV of terminal value222.2M
Enterprise value768.1M
Net cash / (debt)-671.5M
Equity value96.6M
Intrinsic value / share$0.26
| Year | Revenue | FCF | PV | DF |
|---|---|---|---|---|
| Y1 | 676.8M | 101.5M | 87.5M | 86.2% |
| Y2 | 701.1M | 105.2M | 78.2M | 74.3% |
| Y3 | 726.4M | 109M | 69.8M | 64.1% |
| Y4 | 752.5M | 112.9M | 62.3M | 55.2% |
| Y5 | 779.6M | 116.9M | 55.7M | 47.6% |
| Y6 | 795.2M | 119.3M | 49M | 41.0% |
| Y7 | 811.1M | 121.7M | 43.1M | 35.4% |
| Y8 | 827.4M | 124.1M | 37.9M | 30.5% |
| Y9 | 843.9M | 126.6M | 33.3M | 26.3% |
| Y10 | 860.8M | 129.1M | 29.3M | 22.7% |
| Terminal | — | — | 222.2M | — |
Educational DCF model only — not financial advice. Terminal value and assumptions dominate results; verify filings and run your own diligence.