2.05 USD
-0.08 (-3.76%)
2.04 USD
-0.01 (-0.49%)
Overall BTBT gets a fundamental rating of 5 out of 10. We evaluated BTBT against 278 industry peers in the Software industry. BTBT has a great financial health rating, but its profitability evaluates not so good. BTBT is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
BTBT had positive earnings in the past year.
In the past year BTBT had a positive cash flow from operations.
BTBT had negative earnings in 4 of the past 5 years.
BTBT had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
BTBT has a Return On Assets (-7.28%) which is comparable to the rest of the industry.
BTBT has a Return On Equity (-8.32%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.28% | ||
| ROE | -8.32% | ||
| ROIC | N/A |
ROA(3y)-35.65%
ROA(5y)-22.65%
ROE(3y)-40.04%
ROE(5y)-25.35%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BTBT's Gross Margin of 42.72% is on the low side compared to the rest of the industry. BTBT is outperformed by 73.74% of its industry peers.
BTBT's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for BTBT so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 42.72% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-14.66%
GM growth 5YN/A
2. Health
2.1 Basic Checks
BTBT does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BTBT has more shares outstanding
Compared to 5 years ago, BTBT has more shares outstanding
There is no outstanding debt for BTBT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 4.68 indicates that BTBT is not in any danger for bankruptcy at the moment.
BTBT has a better Altman-Z score (4.68) than 67.99% of its industry peers.
BTBT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.68 |
ROIC/WACCN/A
WACC10.99%
2.3 Liquidity
A Current Ratio of 7.82 indicates that BTBT has no problem at all paying its short term obligations.
BTBT has a better Current ratio (7.82) than 92.81% of its industry peers.
A Quick Ratio of 7.82 indicates that BTBT has no problem at all paying its short term obligations.
The Quick ratio of BTBT (7.82) is better than 92.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.82 | ||
| Quick Ratio | 7.82 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 223.53% over the past year.
Looking at the last year, BTBT shows a very strong growth in Revenue. The Revenue has grown by 140.56%.
BTBT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.99% yearly.
EPS 1Y (TTM)223.53%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%280.77%
Revenue 1Y (TTM)140.56%
Revenue growth 3Y3.99%
Revenue growth 5YN/A
Sales Q2Q%34.15%
3.2 Future
Based on estimates for the next years, BTBT will show a very strong growth in Earnings Per Share. The EPS will grow by 31.13% on average per year.
Based on estimates for the next years, BTBT will show a very strong growth in Revenue. The Revenue will grow by 43.82% on average per year.
EPS Next Y270%
EPS Next 2Y45.86%
EPS Next 3Y31.13%
EPS Next 5YN/A
Revenue Next Year5.41%
Revenue Next 2Y43.84%
Revenue Next 3Y43.82%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BTBT is valuated cheaply with a Price/Earnings ratio of 4.88.
Based on the Price/Earnings ratio, BTBT is valued cheaper than 95.32% of the companies in the same industry.
When comparing the Price/Earnings ratio of BTBT to the average of the S&P500 Index (26.57), we can say BTBT is valued rather cheaply.
With a Price/Forward Earnings ratio of 133.99, BTBT can be considered very expensive at the moment.
BTBT's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. BTBT is more expensive than 61.15% of the companies in the same industry.
BTBT is valuated expensively when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.88 | ||
| Fwd PE | 133.99 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
BTBT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as BTBT's earnings are expected to grow with 31.13% in the coming years.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y45.86%
EPS Next 3Y31.13%
5. Dividend
5.1 Amount
BTBT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
2.05
-0.08 (-3.76%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners50.79%
Inst Owner Change26.28%
Ins Owners1.58%
Ins Owner Change31.42%
Market Cap663.52M
Revenue(TTM)108.05M
Net Income(TTM)-52.66M
Analysts81.67
Price Target5.68 (177.07%)
Short Float %17.03%
Short Ratio1.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly Dividend0.02
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)-18.92%
Min EPS beat(2)-480.97%
Max EPS beat(2)443.14%
EPS beat(4)2
Avg EPS beat(4)-137.71%
Min EPS beat(4)-1058.65%
Max EPS beat(4)545.63%
EPS beat(8)4
Avg EPS beat(8)-57.4%
EPS beat(12)6
Avg EPS beat(12)-44.16%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-7.55%
Min Revenue beat(2)-8.41%
Max Revenue beat(2)-6.69%
Revenue beat(4)1
Avg Revenue beat(4)-6.79%
Min Revenue beat(4)-14.17%
Max Revenue beat(4)2.12%
Revenue beat(8)4
Avg Revenue beat(8)0.45%
Revenue beat(12)5
Avg Revenue beat(12)-4.57%
Revenue beat(16)5
Avg Revenue beat(16)-13.2%
PT rev (1m)-1.68%
PT rev (3m)-1.68%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-100%
EPS NY rev (1m)195.24%
EPS NY rev (3m)162.89%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.32%
Revenue NY rev (1m)-4.75%
Revenue NY rev (3m)-5.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.88 | ||
| Fwd PE | 133.99 | ||
| P/S | 6.66 | ||
| P/FCF | N/A | ||
| P/OCF | 12.64 | ||
| P/B | 1.05 | ||
| P/tB | 1.11 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.42
EY20.49%
EPS(NY)0.02
Fwd EY0.75%
FCF(TTM)-0.57
FCFYN/A
OCF(TTM)0.16
OCFY7.91%
SpS0.31
BVpS1.96
TBVpS1.85
PEG (NY)0.02
PEG (5Y)N/A
Graham Number4.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.28% | ||
| ROE | -8.32% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 42.72% | ||
| FCFM | N/A |
ROA(3y)-35.65%
ROA(5y)-22.65%
ROE(3y)-40.04%
ROE(5y)-25.35%
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 3Y-14.66%
GM growth 5YN/A
F-Score4
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 723.02% | ||
| Cap/Sales | 236.59% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 7.82 | ||
| Quick Ratio | 7.82 | ||
| Altman-Z | 4.68 |
F-Score4
WACC10.99%
ROIC/WACCN/A
Cap/Depr(3y)274.15%
Cap/Depr(5y)263.12%
Cap/Sales(3y)98.42%
Cap/Sales(5y)73.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)223.53%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%280.77%
EPS Next Y270%
EPS Next 2Y45.86%
EPS Next 3Y31.13%
EPS Next 5YN/A
Revenue 1Y (TTM)140.56%
Revenue growth 3Y3.99%
Revenue growth 5YN/A
Sales Q2Q%34.15%
Revenue Next Year5.41%
Revenue Next 2Y43.84%
Revenue Next 3Y43.82%
Revenue Next 5YN/A
EBIT growth 1Y-243.14%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1884.77%
EBIT Next 3Y201.02%
EBIT Next 5YN/A
FCF growth 1Y-578.68%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y364.91%
OCF growth 3YN/A
OCF growth 5YN/A
BIT DIGITAL INC / BTBT FAQ
What is the fundamental rating for BTBT stock?
ChartMill assigns a fundamental rating of 5 / 10 to BTBT.
Can you provide the valuation status for BIT DIGITAL INC?
ChartMill assigns a valuation rating of 4 / 10 to BIT DIGITAL INC (BTBT). This can be considered as Fairly Valued.
What is the profitability of BTBT stock?
BIT DIGITAL INC (BTBT) has a profitability rating of 1 / 10.
What is the valuation of BIT DIGITAL INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BIT DIGITAL INC (BTBT) is 4.88 and the Price/Book (PB) ratio is 1.05.
Can you provide the expected EPS growth for BTBT stock?
The Earnings per Share (EPS) of BIT DIGITAL INC (BTBT) is expected to grow by 270% in the next year.