Question 1

What is Hut 8's P/FCF ratio?

Accepted Answer

Hut 8 (HUT) P/FCF ratio is 13.1× as of January 18, 2024. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Hut 8?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Hut 8 specifically, the relevant sector benchmark is the current sector median of 12.0×.

Question 5

Is Hut 8's P/FCF ratio high or low?

Accepted Answer

Hut 8's P/FCF ratio of 13.1× is below its own 5-year average of 18.0× and above the sector median of 12.0×. That places the current reading at the 3th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Hut 8's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Hut 8 (HUT) P/FCF ratio has ranged from a low of 13.1× in 2024 to a high of 33.4× in 2023. The 5-year average is 18.0× and the 5-year median is 18.0×.

Question 7

What was Hut 8's P/FCF ratio in 2019?

Accepted Answer

Hut 8 (HUT) P/FCF ratio at the end of 2019 was 17.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Hut 8's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$4.84B	-$787M	—	—	Dec 31, 2025
2024	$1.87B	-$355M	—	—	Dec 31, 2024
2022	$176M	-$141M	—	—	Dec 31, 2022
2021	$1.33B	-$133M	—	—	Dec 31, 2021
2020	$271M	-$2.46M	—	—	Dec 31, 2020
2019	$70.5M	$3.96M	17.8×	—	Dec 31, 2019
2018	$89.1M	-$82.8M	—	—	Dec 31, 2018
2017	$205K	-$32.8K	—	—	Dec 31, 2017
2016	$205K	-$50.2K	—	—	Dec 31, 2016
2015	$205K	-$48.2K	—	—	Dec 31, 2015
2014	$205K	-$95.1K	—	—	Dec 31, 2014
2013	$205K	-$72.6K	—	—	Dec 31, 2013


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P/FCF Ratio for Hut 8 (HUT) 2019-2026

P/FCF Ratio daily chart for Hut 8 (HUT)

Historical P/FCF Ratio for Hut 8 (HUT) from 2013 to 2025

About P/FCF Ratio at Hut 8 (HUT)

Hut 8 P/FCF Ratio by Year

Hut 8 P/FCF Ratio 2019: 17.8×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Hut 8 (HUT) Key Financials