BITFARMS LTD/CANADA (BITF.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:BITF - CA09173B1076 - Common Stock
3.66 CAD
+0.03 (+0.83%)
We assign a fundamental rating of 3 out of 10 to BITF. BITF was compared to 64 industry peers in the Software industry. While BITF seems to be doing ok healthwise, there are quite some concerns on its profitability. BITF is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
BITF had negative earnings in the past year.
In the past year BITF has reported a negative cash flow from operations.
In the past 5 years BITF reported 4 times negative net income.
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
Looking at the Return On Assets, with a value of -16.26%, BITF is in line with its industry, outperforming 42.19% of the companies in the same industry.
BITF has a Return On Equity of -21.32%. This is comparable to the rest of the industry: BITF outperforms 48.44% 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
The Profit Margin and Operating Margin and Gross Margin are not available for BITF so they could not be analyzed.
| 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
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
An Altman-Z score of 4.35 indicates that BITF is not in any danger for bankruptcy at the moment.
BITF's Altman-Z score of 4.35 is fine compared to the rest of the industry. BITF outperforms 71.88% of its industry peers.
A Debt/Equity ratio of 0.11 indicates that BITF is not too dependend on debt financing.
The Debt to Equity ratio of BITF (0.11) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.35 |
ROIC/WACCN/A
WACC10.02%
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.
BITF has a Current ratio of 3.20. This is in the better half of the industry: BITF outperforms 79.69% of its industry peers.
A Quick Ratio of 3.14 indicates that BITF has no problem at all paying its short term obligations.
BITF has a Quick ratio of 3.14. This is in the better half of the industry: BITF outperforms 79.69% 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.
The Revenue has grown by 47.60% in the past year. This is a very strong growth!
The Revenue has been growing by 42.85% on average over the past years. This is a very strong growth!
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
BITF is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -4.53% yearly.
The Revenue is expected to grow by 35.37% on average over the next years. This is a very strong growth
EPS Next Y-125.81%
EPS Next 2Y-4.53%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year50.02%
Revenue Next 2Y22.6%
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
The Price/Earnings Ratio is negative for BITF. In the last year negative earnings were reported.
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
Based on the Enterprise Value to EBITDA ratio, BITF is valued a bit cheaper than 60.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 36.79 |
4.3 Compensation for Growth
BITF's earnings are expected to decrease with -4.53% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.53%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for BITF!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:BITF (12/24/2025, 7:00:00 PM)
3.66
+0.03 (+0.83%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners38.23%
Inst Owner ChangeN/A
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap2.06B
Revenue(TTM)270.06M
Net Income(TTM)-130.32M
Analysts82.5
Price Target5.36 (46.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)0%
PT rev (3m)50%
EPS NQ rev (1m)-75%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-181.82%
EPS NY rev (3m)-181.82%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-20.79%
Revenue NY rev (1m)-9.08%
Revenue NY rev (3m)-9.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 5.58 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.46 | ||
| P/tB | 2.47 | ||
| EV/EBITDA | 36.79 |
EPS(TTM)-0.21
EYN/A
EPS(NY)-0.21
Fwd EYN/A
FCF(TTM)-0.86
FCFYN/A
OCF(TTM)-0.48
OCFYN/A
SpS0.66
BVpS1.49
TBVpS1.48
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 | 4.35 |
F-Score3
WACC10.02%
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 Y-125.81%
EPS Next 2Y-4.53%
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 Year50.02%
Revenue Next 2Y22.6%
Revenue Next 3Y61.97%
Revenue Next 5Y35.37%
EBIT growth 1Y13.57%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year158.44%
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.