BITFARMS LTD/CANADA (BITF.CA) Stock Fundamental Analysis
Canada - TSX:BITF - CA09173B1076 - Common Stock
5.69 CAD
-0.22 (-3.72%)
BITF gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 63 industry peers in the Software industry. BITF scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. BITF is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BITF has reported negative net income.
BITF had a negative operating cash flow in the past year.
BITF had negative earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: BITF reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of BITF (-10.41%) is comparable to the rest of the industry.
BITF's Return On Equity of -13.01% is in line compared to the rest of the industry. BITF outperforms 52.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -10.41% | ||
| ROE | -13.01% | ||
| ROIC | N/A |
ROA(3y)-35.51%
ROA(5y)-26.79%
ROE(3y)-46.46%
ROE(5y)-47.92%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BITF does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BITF does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BITF has more shares outstanding
The number of shares outstanding for BITF has been increased compared to 5 years ago.
BITF has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 7.81 indicates that BITF is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 7.81, BITF is doing good in the industry, outperforming 79.37% of the companies in the same industry.
BITF has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.11, BITF perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 7.81 |
ROIC/WACCN/A
WACC10.16%
2.3 Liquidity
BITF has a Current Ratio of 3.11. This indicates that BITF is financially healthy and has no problem in meeting its short term obligations.
BITF's Current ratio of 3.11 is fine compared to the rest of the industry. BITF outperforms 77.78% of its industry peers.
BITF has a Quick Ratio of 3.03. This indicates that BITF is financially healthy and has no problem in meeting its short term obligations.
BITF has a Quick ratio of 3.03. This is in the better half of the industry: BITF outperforms 79.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.11 | ||
| Quick Ratio | 3.03 |
3. Growth
3.1 Past
BITF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 71.46%, which is quite impressive.
Looking at the last year, BITF shows a very strong growth in Revenue. The Revenue has grown by 42.25%.
BITF shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 42.85% yearly.
EPS 1Y (TTM)71.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%71.43%
Revenue 1Y (TTM)42.25%
Revenue growth 3Y4.4%
Revenue growth 5Y42.85%
Sales Q2Q%87.25%
3.2 Future
The Earnings Per Share is expected to grow by 4.38% on average over the next years.
The Revenue is expected to grow by 35.37% on average over the next years. This is a very strong growth
EPS Next Y19.87%
EPS Next 2Y4.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year65.01%
Revenue Next 2Y35.38%
Revenue Next 3Y61.97%
Revenue Next 5Y35.37%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
BITF reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year BITF is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BITF is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 138.19 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.38%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for BITF!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:BITF (10/30/2025, 7:00:00 PM)
5.69
-0.22 (-3.72%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners22.03%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap3.20B
Revenue(TTM)245.66M
Net Income(TTM)-86203000
Analysts82.5
Price Target3.57 (-37.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.54%
Min EPS beat(2)-47.06%
Max EPS beat(2)43.98%
EPS beat(4)2
Avg EPS beat(4)45.73%
Min EPS beat(4)-47.06%
Max EPS beat(4)198.04%
EPS beat(8)3
Avg EPS beat(8)-73.92%
EPS beat(12)5
Avg EPS beat(12)-291.86%
EPS beat(16)6
Avg EPS beat(16)-276.19%
Revenue beat(2)0
Avg Revenue beat(2)-4.28%
Min Revenue beat(2)-6.48%
Max Revenue beat(2)-2.09%
Revenue beat(4)1
Avg Revenue beat(4)-4.55%
Min Revenue beat(4)-11.96%
Max Revenue beat(4)2.32%
Revenue beat(8)4
Avg Revenue beat(8)6.81%
Revenue beat(12)7
Avg Revenue beat(12)6.82%
Revenue beat(16)7
Avg Revenue beat(16)3.38%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)33.33%
EPS NY rev (1m)0%
EPS NY rev (3m)-57.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-13.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 9.3 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 3.45 | ||
| P/tB | 3.47 | ||
| EV/EBITDA | 138.19 |
EPS(TTM)-0.14
EYN/A
EPS(NY)-0.18
Fwd EYN/A
FCF(TTM)-1.28
FCFYN/A
OCF(TTM)-0.65
OCFYN/A
SpS0.61
BVpS1.65
TBVpS1.64
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -10.41% | ||
| ROE | -13.01% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)-35.51%
ROA(5y)-26.79%
ROE(3y)-46.46%
ROE(5y)-47.92%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score2
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.31 | ||
| Cap/Depr | 210.27% | ||
| Cap/Sales | 102.81% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.11 | ||
| Quick Ratio | 3.03 | ||
| Altman-Z | 7.81 |
F-Score2
WACC10.16%
ROIC/WACCN/A
Cap/Depr(3y)198.14%
Cap/Depr(5y)284.61%
Cap/Sales(3y)120.6%
Cap/Sales(5y)97.75%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)71.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%71.43%
EPS Next Y19.87%
EPS Next 2Y4.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)42.25%
Revenue growth 3Y4.4%
Revenue growth 5Y42.85%
Sales Q2Q%87.25%
Revenue Next Year65.01%
Revenue Next 2Y35.38%
Revenue Next 3Y61.97%
Revenue Next 5Y35.37%
EBIT growth 1Y-37.74%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year181.29%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-1250.68%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-1419.56%
OCF growth 3YN/A
OCF growth 5YN/A
BITFARMS LTD/CANADA / BITF.CA FAQ
Can you provide the ChartMill fundamental rating for BITFARMS LTD/CANADA?
ChartMill assigns a fundamental rating of 3 / 10 to BITF.CA.
What is the valuation status of BITFARMS LTD/CANADA (BITF.CA) stock?
ChartMill assigns a valuation rating of 0 / 10 to BITFARMS LTD/CANADA (BITF.CA). This can be considered as Overvalued.
Can you provide the profitability details for BITFARMS LTD/CANADA?
BITFARMS LTD/CANADA (BITF.CA) has a profitability rating of 1 / 10.