BITCOIN DEPOT INC (BTM) Stock Fundamental Analysis
USA - NASDAQ:BTM - US09174P1057 - Common Stock
3.03 USD
-0.3 (-9.01%)
3.08 USD
+0.05 (+1.65%)
We assign a fundamental rating of 5 out of 10 to BTM. BTM was compared to 84 industry peers in the Commercial Services & Supplies industry. Both the profitability and the financial health of BTM get a neutral evaluation. Nothing too spectacular is happening here. BTM may be a bit undervalued, certainly considering the very reasonable score on growth This makes BTM very considerable for value investing!
1. Profitability
1.1 Basic Checks
BTM had positive earnings in the past year.
BTM had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: BTM reported negative net income in multiple years.
In the past 5 years BTM always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.45%, BTM is in the better half of the industry, outperforming 61.90% of the companies in the same industry.
BTM has a Return On Equity of 124.12%. This is amongst the best in the industry. BTM outperforms 100.00% of its industry peers.
With an excellent Return On Invested Capital value of 73.42%, BTM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BTM is significantly above the industry average of 10.21%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.45% | ||
| ROE | 124.12% | ||
| ROIC | 73.42% |
ROA(3y)-15.14%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)74.55%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 0.44%, BTM perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
With a decent Operating Margin value of 8.88%, BTM is doing good in the industry, outperforming 65.48% of the companies in the same industry.
In the last couple of years the Operating Margin of BTM has grown nicely.
Looking at the Gross Margin, with a value of 19.44%, BTM is doing worse than 76.19% of the companies in the same industry.
In the last couple of years the Gross Margin of BTM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.88% | ||
| PM (TTM) | 0.44% | ||
| GM | 19.44% |
OM growth 3Y6.04%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y11.73%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), BTM is creating value.
BTM has more shares outstanding than it did 1 year ago.
Compared to 1 year ago, BTM has a worse debt to assets ratio.
2.2 Solvency
BTM has an Altman-Z score of 8.15. This indicates that BTM is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of BTM (8.15) is better than 90.48% of its industry peers.
BTM has a debt to FCF ratio of 2.40. This is a good value and a sign of high solvency as BTM would need 2.40 years to pay back of all of its debts.
The Debt to FCF ratio of BTM (2.40) is better than 78.57% of its industry peers.
BTM has a Debt/Equity ratio of 26.87. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of BTM (26.87) is worse than 88.10% of its industry peers.
Even though the debt/equity ratio score it not favorable for BTM, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 26.87 | ||
| Debt/FCF | 2.4 | ||
| Altman-Z | 8.15 |
ROIC/WACC6.86
WACC10.71%
2.3 Liquidity
A Current Ratio of 1.41 indicates that BTM should not have too much problems paying its short term obligations.
BTM's Current ratio of 1.41 is in line compared to the rest of the industry. BTM outperforms 41.67% of its industry peers.
A Quick Ratio of 1.41 indicates that BTM should not have too much problems paying its short term obligations.
BTM has a Quick ratio of 1.41. This is comparable to the rest of the industry: BTM outperforms 53.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 1.41 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 109.01% over the past year.
The Revenue has decreased by -3.35% in the past year.
BTM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.48% yearly.
EPS 1Y (TTM)109.01%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%500%
Revenue 1Y (TTM)-3.35%
Revenue growth 3Y1.48%
Revenue growth 5YN/A
Sales Q2Q%5.54%
3.2 Future
The Earnings Per Share is expected to grow by 67.75% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 8.71% on average over the next years. This is quite good.
EPS Next Y177.13%
EPS Next 2Y67.75%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.55%
Revenue Next 2Y8.71%
Revenue Next 3YN/A
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
BTM is valuated quite expensively with a Price/Earnings ratio of 30.30.
The rest of the industry has a similar Price/Earnings ratio as BTM.
Compared to an average S&P500 Price/Earnings ratio of 27.02, BTM is valued at the same level.
Based on the Price/Forward Earnings ratio of 6.77, the valuation of BTM can be described as very cheap.
Based on the Price/Forward Earnings ratio, BTM is valued cheaper than 92.86% of the companies in the same industry.
BTM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.3 | ||
| Fwd PE | 6.77 |
4.2 Price Multiples
BTM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BTM is cheaper than 95.24% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BTM is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.11 | ||
| EV/EBITDA | 3.68 |
4.3 Compensation for Growth
BTM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
BTM has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as BTM's earnings are expected to grow with 67.75% in the coming years.
PEG (NY)0.17
PEG (5Y)N/A
EPS Next 2Y67.75%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BTM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
3.03
-0.3 (-9.01%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners32.4%
Inst Owner Change0%
Ins Owners2.82%
Ins Owner Change3642.09%
Market Cap206.28M
Analysts80
Price Target7.52 (148.18%)
Short Float %9.76%
Short Ratio2.59
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)53.63%
Min EPS beat(2)-6.81%
Max EPS beat(2)114.08%
EPS beat(4)1
Avg EPS beat(4)-552.76%
Min EPS beat(4)-1386.64%
Max EPS beat(4)114.08%
EPS beat(8)1
Avg EPS beat(8)-544.73%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)3.63%
Min Revenue beat(2)0.06%
Max Revenue beat(2)7.2%
Revenue beat(4)3
Avg Revenue beat(4)2.42%
Min Revenue beat(4)-0.62%
Max Revenue beat(4)7.2%
Revenue beat(8)5
Avg Revenue beat(8)1.07%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)5.36%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-12.65%
EPS NY rev (1m)1.2%
EPS NY rev (3m)-8.2%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.39%
Revenue NY rev (1m)0.53%
Revenue NY rev (3m)0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.3 | ||
| Fwd PE | 6.77 | ||
| P/S | 0.34 | ||
| P/FCF | 7.11 | ||
| P/OCF | 5.5 | ||
| P/B | 95.68 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.68 |
EPS(TTM)0.1
EY3.3%
EPS(NY)0.45
Fwd EY14.78%
FCF(TTM)0.43
FCFY14.07%
OCF(TTM)0.55
OCFY18.17%
SpS8.94
BVpS0.03
TBVpS-0.12
PEG (NY)0.17
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.45% | ||
| ROE | 124.12% | ||
| ROCE | 83.77% | ||
| ROIC | 73.42% | ||
| ROICexc | 287.53% | ||
| ROICexgc | 765.51% | ||
| OM | 8.88% | ||
| PM (TTM) | 0.44% | ||
| GM | 19.44% | ||
| FCFM | 4.77% |
ROA(3y)-15.14%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)74.55%
ROIC(5y)N/A
ROICexc(3y)871.35%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)85.05%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y59.71%
ROICexc growth 5YN/A
OM growth 3Y6.04%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y11.73%
GM growth 5YN/A
F-Score6
Asset Turnover5.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 26.87 | ||
| Debt/FCF | 2.4 | ||
| Debt/EBITDA | 0.94 | ||
| Cap/Depr | 107.05% | ||
| Cap/Sales | 1.39% | ||
| Interest Coverage | 4.52 | ||
| Cash Conversion | 60.5% | ||
| Profit Quality | 1084.3% | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 1.41 | ||
| Altman-Z | 8.15 |
F-Score6
WACC10.71%
ROIC/WACC6.86
Cap/Depr(3y)37.6%
Cap/Depr(5y)47.02%
Cap/Sales(3y)0.68%
Cap/Sales(5y)0.81%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)109.01%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%500%
EPS Next Y177.13%
EPS Next 2Y67.75%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-3.35%
Revenue growth 3Y1.48%
Revenue growth 5YN/A
Sales Q2Q%5.54%
Revenue Next Year10.55%
Revenue Next 2Y8.71%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y101.76%
EBIT growth 3Y7.61%
EBIT growth 5YN/A
EBIT Next Year224.76%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-37.33%
FCF growth 3Y-8.41%
FCF growth 5YN/A
OCF growth 1Y-19.81%
OCF growth 3Y-1.07%
OCF growth 5YN/A