BITFARMS LTD/CANADA (BITF) Fundamental Analysis & Valuation

NASDAQ:BITF • CA09173B1076

Current stock price

2.24 USD
+0.02 (+0.9%)
At close:
2.24 USD
0 (0%)
After Hours:

This BITF fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

0

1. BITF Profitability Analysis

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.
  • 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.
BITF Yearly Net Income VS EBIT VS OCF VS FCFBITF Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 -100M -200M -300M -400M

1.2 Ratios

  • BITF's Return On Assets of -16.26% is on the low side compared to the rest of the industry. BITF is outperformed by 70.40% of its industry peers.
  • Looking at the Return On Equity, with a value of -21.32%, BITF is doing worse than 61.37% of the companies in the same industry.
Industry RankSector 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
BITF Yearly ROA, ROE, ROICBITF Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 0 -20 -40 -60 -80 -100

1.3 Margins

  • The Profit Margin and Operating Margin and Gross Margin are not available for BITF so they could not be analyzed.
Industry RankSector 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
BITF Yearly Profit, Operating, Gross MarginsBITF Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100 -150

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5

2. BITF Health Analysis

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.
  • Compared to 1 year ago, BITF has an improved debt to assets ratio.
BITF Yearly Shares OutstandingBITF Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
BITF Yearly Total Debt VS Total AssetsBITF Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

  • BITF has an Altman-Z score of 3.82. This indicates that BITF is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of BITF (3.82) is better than 72.20% of its industry peers.
  • BITF has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
  • BITF's Debt to Equity ratio of 0.11 is in line compared to the rest of the industry. BITF outperforms 52.35% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF N/A
Altman-Z 3.82
ROIC/WACCN/A
WACC10.1%
BITF Yearly LT Debt VS Equity VS FCFBITF Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M -400M 600M

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's Current ratio of 3.20 is fine compared to the rest of the industry. BITF outperforms 74.73% of its industry peers.
  • A Quick Ratio of 3.14 indicates that BITF has no problem at all paying its short term obligations.
  • Looking at the Quick ratio, with a value of 3.14, BITF is in the better half of the industry, outperforming 74.73% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 3.2
Quick Ratio 3.14
BITF Yearly Current Assets VS Current LiabilitesBITF Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. BITF Growth Analysis

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.
  • Looking at the last year, BITF shows a very strong growth in Revenue. The Revenue has grown by 47.60%.
  • Measured over the past years, BITF shows a very strong growth in Revenue. The Revenue has been growing by 42.85% on average per year.
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 strong growth in Earnings Per Share. In the coming years, the EPS will grow by 30.71% yearly.
  • Based on estimates for the next years, BITF will show a very strong growth in Revenue. The Revenue will grow by 35.37% on average per year.
EPS Next Y-125.81%
EPS Next 2Y30.71%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year45.18%
Revenue Next 2Y11.1%
Revenue Next 3Y39.04%
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.
BITF Yearly Revenue VS EstimatesBITF Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 200M 400M 600M 800M 1B
BITF Yearly EPS VS EstimatesBITF Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 0 -0.5 -1

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1

4. BITF Valuation Analysis

4.1 Price/Earnings Ratio

  • BITF reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • 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 RankSector Rank
PE N/A
Fwd PE N/A
BITF Price Earnings VS Forward Price EarningsBITF Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 40 -40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, BITF is valued a bit cheaper than the industry average as 64.62% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 32.65
BITF Per share dataBITF EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 -0.5 1

4.3 Compensation for Growth

  • A more expensive valuation may be justified as BITF's earnings are expected to grow with 30.71% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y30.71%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. BITF Dividend Analysis

5.1 Amount

  • No dividends for BITF!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

BITF Fundamentals: All Metrics, Ratios and Statistics

BITFARMS LTD/CANADA

NASDAQ:BITF (3/13/2026, 8:11:44 PM)

After market: 2.24 0 (0%)

2.24

+0.02 (+0.9%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-13
Earnings (Next)03-25
Inst Owners40.09%
Inst Owner Change16.69%
Ins Owners0.35%
Ins Owner ChangeN/A
Market Cap1.35B
Revenue(TTM)270.06M
Net Income(TTM)-130.32M
Analysts82.5
Price Target3.92 (75%)
Short Float %11.11%
Short Ratio1.71
Dividend
Industry RankSector 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)-0.03%
PT rev (3m)2.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-9.69%
Revenue NQ rev (3m)-9.69%
Revenue NY rev (1m)-3.22%
Revenue NY rev (3m)-3.22%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 5
P/FCF N/A
P/OCF N/A
P/B 2.21
P/tB 2.22
EV/EBITDA 32.65
EPS(TTM)-0.15
EYN/A
EPS(NY)-0.04
Fwd EYN/A
FCF(TTM)-0.59
FCFYN/A
OCF(TTM)-0.33
OCFYN/A
SpS0.45
BVpS1.01
TBVpS1.01
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector 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 RankSector 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 3.82
F-Score3
WACC10.1%
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 2Y30.71%
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 Year45.18%
Revenue Next 2Y11.1%
Revenue Next 3Y39.04%
Revenue Next 5Y35.37%
EBIT growth 1Y13.57%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year156.59%
EBIT Next 3Y77.69%
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 Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for BITFARMS LTD/CANADA?

ChartMill assigns a fundamental rating of 3 / 10 to BITF.


What is the valuation status for BITF stock?

ChartMill assigns a valuation rating of 1 / 10 to BITFARMS LTD/CANADA (BITF). This can be considered as Overvalued.


Can you provide the profitability details for BITFARMS LTD/CANADA?

BITFARMS LTD/CANADA (BITF) has a profitability rating of 0 / 10.