SAIH vs RIOT Stock Comparison

Saiheat and Riot Platforms Prices as of Oct 27, 2026 Peers: Industry group
SAIH SAIHEAT Ltd
$27.99 -7.5% 1M +249.9% 1Y
Market cap
$51.40M
P/E
–
Revenue (TTM)
—
Div. yield
–
Crypto Mining Technology
1 win
RIOT Riot Platforms, Inc.
$13.56 -41.0% 1M -41.0% 1Y
Market cap
$5.13B
P/E
–
Revenue (TTM)
$674.51M
Div. yield
–
Crypto Mining Technology
3 wins

Head to Head

4 decided of 12

Riot Platforms leads on 3 of the 12 questions below (Riot Platforms 3, Saiheat 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSAIHRIOTLeader
Larger companyMarket capitalisation $51.40M $5.13B RIOT
Cheaper on earningsLower P/E, profitable companies only -8.0x -3.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — –
Faster revenue growthRevenue growth, trailing twelve months — +24.5% –
More profitableNet margin, trailing twelve months — -196.3% –
Better return on capitalReturn on invested capital — — –
Less leveragedLower net debt / EBITDA — -0.4x –
Higher dividend yieldTrailing dividend yield — 0.00% –
Better 1-year returnPrice return, last 12 months +249.9% -41.0% SAIH
Better 5-year returnAnnualised price return, 5 years -28.4%/yr -13.2%/yr RIOT
Less volatileAnnualised volatility, 1 year 87.6% 86.7% RIOT
Higher overall scoreMean of the five percentile scores vs peers — 32/100 –

Percentile Scorecard

SAIHRIOT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisSAIHRIOT
Valuation 17 #82 of 99 25 #75 of 99
Growth – 17 #78 of 94
Profitability – 25 #68 of 90
Financial Health 63 #40 of 105 66 #36 of 105
Shareholder Returns – 28 #44 of 61
Overall – 32
  • SAIH ranked among 109 companies in Fintech
  • RIOT ranked among 109 companies in Fintech

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodSAIHRIOTSPY
1 month -7.5%-41.0% -0.2%
3 months +48.0%-36.2% +3.9%
6 months +154.0%-18.2% +8.2%
Year to date +204.2%+7.0% +12.9%
1 year +249.9%-41.0% +12.3%
3 years +86.6%+42.1% +87.4%
3 years, per year +23.1%+12.4% +23.3%
5 years -81.2%-50.8% +67.9%
5 years, per year -28.4%-13.2% +10.9%
10 years —+429.7% +261.1%
10 years, per year —+18.1% +13.7%

Risk

MeasureSAIHRIOTSPY
Volatility, 1Y 87.6%86.7% 12.7%
Downside volatility, 1Y 90.2%86.8% 12.7%
Beta vs S&P 500, 1Y 1.143.82 1.00
Return / volatility, 1Y 2.85-0.47 0.97
Max drawdown, 5Y -97.8%-92.6% -25.4%
From 52-week high -11.7%-52.7% -1.2%
52-week high $31.70$28.69 $779.14
52-week low $5.93$11.83 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleSAIHRIOT
P/E now vs peer median -8.0xmedian 20.0x -3.6xmedian 20.0x
P/S now vs peer median 11.4xmedian 2.3x 7.6xmedian 2.3x
EV/EBITDA now vs peer median —median 17.5x -5.8xmedian 17.5x
P/FCF now vs peer median -6.7xmedian 15.9x -6.6xmedian 15.9x
P/B now vs peer median 3.7xmedian 2.0x 2.3xmedian 2.0x
PEG now vs peer median —median 1.03 0.08median 1.03

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsSAIHRIOT
Revenue – $674.51M
Gross profit – $190.60M
Operating income – -$1.34B
Net income – -$1.32B
Free cash flow – -$780.27M
EPS (diluted) – $-3.81
Cash & equivalents $202.00K $471.38M
Total debt $13.05M $843.03M
Shares (diluted) 1.84M 347.70M
Enterprise value $47.23M $3.88B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricSAIHRIOT
P/E -8.0x -3.6x
P/FCF -6.7x -6.6x
P/Operating cash flow – -10.4x
P/S 11.4x 7.6x
P/B 3.7x 2.3x
P/Tangible book 5.3x 3.4x
EV/EBITDA – -5.8x
EV/EBIT – -4.1x
EV/Revenue – 8.2x
EV/FCF – -7.0x
EV/Operating cash flow – -11.2x
PEG (3Y EPS CAGR) – 0.08

Growth

14 metrics
MetricSAIHRIOT
Revenue growth (1Y) – 24.5%
Revenue CAGR (3Y) – 38.0%
Gross profit growth (1Y) – -1.3%
Gross profit CAGR (3Y) – 86.0%
Operating income growth (1Y) – -2,845%
Operating income CAGR (3Y) – -84.7%
Net income growth (1Y) – -1,296%
Net income CAGR (3Y) – -87.3%
EPS growth (1Y) – -1,436%
EPS CAGR (3Y) – -46.8%
Operating cash flow growth (1Y) – 3.1%
Operating cash flow CAGR (3Y) – -282.3%
Free cash flow growth (1Y) – -6.8%
Free cash flow CAGR (3Y) – -65.4%

Profitability

14 metrics
MetricSAIHRIOT
Gross margin – 28.3%
EBITDA margin – -141.5%
Operating margin – -199.2%
Pretax margin – -199.2%
Net margin – -196.3%
FCF margin – -115.7%
Operating cash flow margin – -73.0%
Return on equity – -58.6%
Return on assets – -40.1%
Return on invested capital – –
Return on capital employed – -46.4%
Asset turnover – 0.2x
Cash conversion (OCF / net income) – 0.4x
Stock comp / revenue – 20.9%

Financial Health

11 metrics
MetricSAIHRIOT
Debt / assets 42.8% 25.8%
Debt / equity 0.4x 0.4x
Net debt / EBITDA – -0.4x
Debt / FCF – -1.1x
Liabilities / assets -7.9% 32.8%
Equity / assets 107.9% 67.2%
Interest coverage – –
Current ratio 2.3x 1.6x
Quick ratio 4.6x 1.2x
Cash ratio 0.0x 1.0x
Altman Z-score – 0.92

Shareholder Returns

7 metrics
MetricSAIHRIOT
Dividend yield – –
Net buyback yield – -1.6%
Shareholder yield – -1.6%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusSAIHRIOT
EPS, next fiscal year – $-2.77FY2026
Revenue, next fiscal year – $696.86MFY2026
Revenue growth, next FY – +7.6%FY2026
Revenue growth, the year after – +16.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSAIHRIOT
Held by institutions – 83.4%
Institutions holding – 447
Change in shares held, QoQ – +12.5%
Institutions buying – 258
Institutions selling – 132
Buyers to sellers – 1.95

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

SAIHRIOT
SAIH 1.00 0.14
RIOT 0.14 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, SAIH and RIOT?

Riot Platforms (RIOT) is the largest by market capitalisation: Saiheat (SAIH) $51.40M, Riot Platforms (RIOT) $5.13B.

Which stock has performed better?

Over the past year Saiheat (SAIH) returned the most: Saiheat (SAIH) +249.9%, Riot Platforms (RIOT) -41.0%. Over five years, Riot Platforms (RIOT) compounded fastest (Saiheat (SAIH) -28.4%/yr, Riot Platforms (RIOT) -13.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Riot Platforms (RIOT) has been the steadiest (Saiheat (SAIH) 87.6%, Riot Platforms (RIOT) 86.7%). Volatility measures how widely the price swings, not the risk of the business.

Do SAIH and RIOT move together?

Their daily returns over the past year have a correlation of 0.14, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, SAIH and RIOT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Riot Platforms (RIOT) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.