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← CockpitCompetitor Analysis › HIVE.TO HIVE Digital Technologies LtdOpen in the cockpit ↗

HIVE Digital Technologies LtdHIVE.TOCompetitor analysis, valuation and peers

Canada · CAD·Information Technology›Data Processing Services
Momentum laggard 5
Mkt cap
$491M
US dollars, full cap
Free float
99%
of shares outstanding
$/day
$4.95M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-30.8 pp
WACC 12.3%
Hurdle
n/a
no reverse DCF
Next earnings
10 days
16 Nov 2026
Close · CADC$2.51
1D+9.1%
1W-4.9%
1M-36.1%
3M-36.9%
6M-36.1%
YTD-29.1%
1Y-65.0%
ATR %9.3%
52w lowhigh66.8% off high

What HIVE Digital Technologies does

Employees: 29

HIVE Digital Technologies at a glance

Size HIVE Digital Technologies (HIVE.TO) is a Canada Information Technology company (Data Processing Services) with a market value of $491M, the 345th largest of 420 Canada companies the cockpit tracks. Shares closed at C$2.51 on 6 Nov 2026.

Performance Over six months the shares fell 36.1%, against -25.9% for the median peer and +5.2% for the Canada market (cap-weighted) — 6th lowest of 20 in its peer set.

Growth Revenue grew 155.0% over the last twelve months (peer median +0.5%); the operating margin is -44.0% (peer median 1.8%).

Valuation It trades at 1.9× enterprise value to sales against a peer median of 5.0× (4th cheapest of 20).

Capital Return on invested capital runs 30.8 points below its cost of capital (12.3% WACC).

Next results Next results expected around 16 Nov 2026 (exchange calendar; dates can move).

Relative performance

5010015011 May 202611 Aug 20266 Nov 2026Peer median 73HIVE.TO 65
Six months, rebased to 100: HIVE Digital Technologies against the median of its 20 peers (local-currency closes).

HIVE Digital Technologies financials

Reported figures in CAD; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$458MC$412MC$160MC$154MC$141M
Revenue growth—+157%+4%+10%—
Gross profit-C$119M-C$86.4M-C$54.7M-C$35.2M-C$41.2M
EBITDAC$81.0MC$74.6M-C$1.98MC$13.9MC$38.3M
Net income-C$452M-C$205M-C$4.17MC$35.7M-C$313M
Free cash flow-C$139M-C$149M-C$219M-C$92.5M-C$255M
Capital expenditureC$217MC$235MC$242MC$106MC$56.7M
Total debtC$531MC$99.2MC$34.8MC$40.6MC$47.9M

Quarterly statements and history in the cockpit →

HIVE Digital Technologies competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%-40%-20%0%300603301302HAPPSTMNDSBTGO2597WYFIABTCCTEV301110WIIT3778MKTW002072PSIYEXTSHAZ300895HIVE.TO6-month return →1-month return →
Up and to the right = strong over both horizons. HIVE Digital Technologies is the large dot.

Fundamentals: revenue growth against valuation

0%+1,000%+2,000%0×200×400×300603301302BTGOWYFIABTCHIVE.TORevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. HIVE Digital Technologies is the large dot.

HIVE Digital Technologies competitors and peer comparison

How HIVE Digital Technologies compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

HIVE Digital Technologies against its 20 peers (data as of 6 Nov 2026)
MeasureHIVE.TOPeer medianRank in peer set
1-month return-36.1%-12.3%3rd lowest of 21
6-month return-36.1%-25.9%6th lowest of 20
Distance from 52-week high-66.8%-45.5%8th lowest of 21
Revenue growth (TTM)+155.0%+0.5%4th highest of 21
Operating margin-44.0%1.8%2nd lowest of 21
EV / Sales1.9×5.0×4th cheapest of 20
ROIC minus cost of capital-30.8 pp-8.6 pplowest of 20
EV / EBITDA11.0×10.9×6th cheapest of 11
Net debt / EBITDA2.5×1.9×5th most indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
HIVE Digital Technologies HIVE.TOCanada$491M-36%+155%-44%1.9×n/an/a
Leon Technology 300603.SZChina$501M-29%-19%-22%5.0×n/an/a
Beijing Huaru Technology 301302.SZChina$506M-10%+52%-38%7.6×n/an/a
Happiest Minds Technologies HAPPSTMNDS.NSIndia$506M-19%+12%15%1.9×11.4%+24.5%
BitGo BTGOUnited States$571M-61%+424%-1%0.0×n/an/a
Infomaniak INFO.SWSwitzerland$414Mn/a+141%-2%9.0×n/an/a
Beijing Xunzhong Communication Technology 2597.HKHong Kong$586M+7%-1%10%5.1×n/an/a
WhiteFiber WYFIUnited States$402M-58%-94%-37%529.2×n/an/a
American Bitcoin ABTCUnited States$390M-70%+2,495%7%2.1×n/an/a
Claritev CTEVUnited States$385M-16%+6%4%5.1×n/an/a
Qingmu Tec 301110.SZChina$637M-32%+5%9%2.4×11.9%+16.9%
WIIT WIIT.MIItaly$638M-34%-2%16%6.0×23.9%+25.8%
Rackspace Technology RXTUnited States$645M-54%0%-2%1.4×35.0%-0.2%
SAKURA Internet 3778.TJapan$688M-13%+26%8%3.0×n/an/a
MarketWise MKTWUnited States$339M+4%-11%9%0.2×n/an/a
Kairuide 002072.SZChina$335M-16%-20%-3%5.5×n/an/a
Pason Systems PSI.TOCanada$742M-10%-2%18%2.4×1.5%+21.8%
Yext YEXTUnited States$749M+88%-1%10%2.0×9.6%+4.7%
SharonAI SHAZUnited States$781M-59%+257%-894%n/an/an/a
Ucap Cloud Information Technology 688228.SSChina$786M-26%-39%-14%13.1×39.9%+6.8%
Beijing Topnew Info & Tech 300895.SZChina$938M-27%+1%-25%23.4×54.6%-3.4%

Questions

Which companies are HIVE Digital Technologies's closest peers?
The cockpit's peer set: Leon Technology (300603.SZ), Beijing Huaru Technology (301302.SZ), Happiest Minds Technologies (HAPPSTMNDS.NS), BitGo (BTGO), Infomaniak (INFO.SW), Beijing Xunzhong Communication Technology (2597.HK), WhiteFiber (WYFI), American Bitcoin (ABTC).
Is HIVE Digital Technologies expensive compared with its peers?
On ev / sales it trades at 1.9× against a peer median of 5.0×, 4th cheapest of 20 in its peer set.
How has HIVE Digital Technologies stock performed?
Over six months to 6 Nov 2026 the shares returned -36.1% against -25.9% for the median peer; over one year -65.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.