Bitfarms Ltd.

$ 2.16 9.09 %

Bitfarms Ltd. operates an enterprise focused on the extraction of various digital currencies across North America. The company maintains and runs its own data centers, primarily dedicated to verifying transactions on the Bitcoin Blockchain, from which it obtains cryptocurrency through block rewards and associated transaction fees. In addition to its mining operations, Bitfarms provides electrical contracting services to commercial and residential customers throughout Quebec, Canada. It also offers hosting facilities for external cryptocurrency mining equipment. Founded in 2017, the company maintains its corporate headquarters in Toronto, Canada.

CEO: Benjamin J. Gagnon - https://www.bitfarms.com

Price objectif

$4.84 124.07 %

Recommandation

Buy

DCF

$ -3.63

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BITF vs S&P500

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Quick ratio

9.43

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

-5.68

may indicate that the company is undervalued or has poor growth prospects.

EPS

-0.38

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

-69.94 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

-23.76 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

-

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

1.41

means it relies more on debt, which can increase financial risk.

Free cash flow per share

-0.56

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

0.00 %

the dividend payout ratio is the measure of dividends paid out to shareholders relative to the company's net income.

Earnings per share

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Financials

Piotroski score
2 indicates worrying financial health
Altman score
0.44 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
5.96 indicates that the company has sufficient cash to cover its short-term debts
Debt Ratio
0.55 indicates a moderate level of debt, which is generally acceptable but may present some risk
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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