BITFARMS LTD/CANADA (BITF.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:BITF - CA09173B1076 - Common Stock
4.32 CAD
-0.03 (-0.69%)
We assign a fundamental rating of 3 out of 10 to BITF. BITF was compared to 63 industry peers in the Software industry. The financial health of BITF is average, but there are quite some concerns on its profitability. BITF is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BITF has reported negative net income.
In the past year BITF has reported a negative cash flow from operations.
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 (-16.26%) is worse than 61.90% of its industry peers.
BITF's Return On Equity of -21.32% is in line compared to the rest of the industry. BITF outperforms 47.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -16.26% | ||
| ROE | -21.32% | ||
| 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.
BITF has more shares outstanding than it did 1 year ago.
BITF has more shares outstanding than it did 5 years ago.
The debt/assets ratio for BITF has been reduced compared to a year ago.
2.2 Solvency
BITF has an Altman-Z score of 5.10. This indicates that BITF is financially healthy and has little risk of bankruptcy at the moment.
BITF has a Altman-Z score of 5.10. This is in the better half of the industry: BITF outperforms 73.02% of its industry peers.
A Debt/Equity ratio of 0.11 indicates that BITF is not too dependend on debt financing.
BITF's Debt to Equity ratio of 0.11 is in line compared to the rest of the industry. BITF outperforms 57.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 5.1 |
ROIC/WACCN/A
WACC9.86%
2.3 Liquidity
BITF has a Current Ratio of 3.20. This indicates that BITF is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of BITF (3.20) is better than 77.78% of its industry peers.
A Quick Ratio of 3.14 indicates that BITF has no problem at all paying its short term obligations.
The Quick ratio of BITF (3.14) is better than 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.2 | ||
| Quick Ratio | 3.14 |
3. Growth
3.1 Past
BITF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 58.37%, which is quite impressive.
BITF shows a strong growth in Revenue. In the last year, the Revenue has grown by 47.60%.
BITF shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 42.85% yearly.
EPS 1Y (TTM)58.37%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-62.5%
Revenue 1Y (TTM)47.6%
Revenue growth 3Y4.4%
Revenue growth 5Y42.85%
Sales Q2Q%54.38%
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
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for BITF. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for BITF. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as BITF.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 42.66 |
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 (12/3/2025, 7:00:00 PM)
4.32
-0.03 (-0.69%)
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 Cap2.43B
Revenue(TTM)270.06M
Net Income(TTM)-130.32M
Analysts82.5
Price Target5.36 (24.07%)
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)-565.27%
Min EPS beat(2)-1174.51%
Max EPS beat(2)43.98%
EPS beat(4)2
Avg EPS beat(4)-244.89%
Min EPS beat(4)-1174.51%
Max EPS beat(4)198.04%
EPS beat(8)3
Avg EPS beat(8)-216.49%
EPS beat(12)5
Avg EPS beat(12)-144.73%
EPS beat(16)5
Avg EPS beat(16)-350.08%
Revenue beat(2)0
Avg Revenue beat(2)-8.62%
Min Revenue beat(2)-15.14%
Max Revenue beat(2)-2.09%
Revenue beat(4)1
Avg Revenue beat(4)-5.35%
Min Revenue beat(4)-15.14%
Max Revenue beat(4)2.32%
Revenue beat(8)3
Avg Revenue beat(8)0.44%
Revenue beat(12)7
Avg Revenue beat(12)6.67%
Revenue beat(16)7
Avg Revenue beat(16)2.8%
PT rev (1m)50%
PT rev (3m)50%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)29.03%
Revenue NQ rev (1m)-21.03%
Revenue NQ rev (3m)-20.79%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 6.46 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.85 | ||
| P/tB | 2.87 | ||
| EV/EBITDA | 42.66 |
EPS(TTM)-0.21
EYN/A
EPS(NY)-0.18
Fwd EYN/A
FCF(TTM)-0.88
FCFYN/A
OCF(TTM)-0.49
OCFYN/A
SpS0.67
BVpS1.51
TBVpS1.51
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -16.26% | ||
| ROE | -21.32% | ||
| 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-Score3
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.72 | ||
| Cap/Depr | 127.31% | ||
| Cap/Sales | 58.82% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.2 | ||
| Quick Ratio | 3.14 | ||
| Altman-Z | 5.1 |
F-Score3
WACC9.86%
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)58.37%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-62.5%
EPS Next Y19.87%
EPS Next 2Y4.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)47.6%
Revenue growth 3Y4.4%
Revenue growth 5Y42.85%
Sales Q2Q%54.38%
Revenue Next Year65.01%
Revenue Next 2Y35.38%
Revenue Next 3Y61.97%
Revenue Next 5Y35.37%
EBIT growth 1Y13.57%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year181.29%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-1174.43%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-555.46%
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.