Company Valuation: MARA Holdings, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 664.3 3,372 399.6 5,229 5,397 3,994 3,994 -
Change - 407.64% -88.15% 1,208.67% 3.21% -26% 0% -
Enterprise Value (EV) 1 664.3 3,372 1,078 5,198 4,989 3,081 5,169 3,913
Change - 407.64% -68.03% 382.14% -4.02% -38.23% 67.73% -24.3%
P/E ratio -80.3x -91.3x -0.57x 22.2x 9.75x -38.2x -131x 13.7x
PBR - - - - 1.27x 0.92x 0.74x 0.46x
PEG - -1x -0x -0x 0.2x 0x 1.9x -0x
Capitalization / Revenue 152x 22.4x 3.39x 13.5x 8.22x 4.16x 3.56x 3.33x
EV / Revenue 152x 22.4x 9.16x 13.4x 7.6x 3.21x 4.61x 3.26x
EV / EBITDA - 28.4x -2.02x 12.4x 4.05x 4.59x 7.96x 6.7x
EV / EBIT -67.6x -39.6x -1.62x 23.5x 16.3x 22.1x 136x 13.4x
EV / FCF - -4.64x -4.95x -15.1x -5.38x -4.79x -4.69x -3.67x
FCF Yield - -21.6% -20.2% -6.6% -18.6% -20.9% -21.3% -27.2%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.13 -0.36 -6.05 1.06 1.72 -0.2764 -0.0808 0.7708
Distribution rate - - - - - - - -
Net sales 1 4.357 150.5 117.8 387.5 656.4 959.8 1,120 1,201
EBITDA 1 - 118.7 -533.7 419.9 1,232 671.7 649 584.3
EBIT 1 -9.833 -85.09 -663.9 220.9 306.1 139.5 38.06 292.7
Net income 1 -10.45 -36.17 -686.7 259.1 541.3 7.487 -23.34 133.8
Net Debt 1 - - 678.5 -31.66 -408.1 -912.2 1,175 -80.95
Reference price 2 10.44 32.86 3.42 23.49 16.77 10.56 10.56 10.56
Nbr of stocks (in thousands) 63,634 102,631 116,842 222,625 321,831 378,184 378,184 -
Announcement Date 3/16/21 3/1/22 3/16/23 2/28/24 2/26/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-38.2x3.21x4.59x-.--% 3.99B
-98.07x - - - 9.8B
-53.65x - - -.--% 7B
-65.86x10.19x11.64x-.--% 6.41B
207.13x28.05x27.34x - 6.37B
-8.77x35.11x136.95x - 5.49B
-73.82x5.98x55.86x - 3.36B
17.63x4.65x11.14x-.--% 3.27B
-10.65x5.26x22.58x - 1.63B
Average -13.81x 13.21x 38.59x 0% 5.26B
Weighted average by Cap. -17.93x 16.16x 41.93x 0%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation MARA Holdings, Inc.