Bitfarms Ltd. (TSX:BITF)
Canada flag Canada · Delayed Price · Currency is CAD
2.730
-0.010 (-0.37%)
Apr 1, 2026, 4:00 PM EST

Bitfarms Statistics

Total Valuation

Bitfarms has a market cap or net worth of CAD 1.65 billion. The enterprise value is 1.80 billion.

Market Cap1.65B
Enterprise Value 1.80B

Important Dates

The last earnings date was Tuesday, March 31, 2026.

Earnings Date Mar 31, 2026
Ex-Dividend Date n/a

Share Statistics

Bitfarms has 602.73 million shares outstanding. The number of shares has increased by 80.58% in one year.

Current Share Class 602.73M
Shares Outstanding 602.73M
Shares Change (YoY) +80.58%
Shares Change (QoQ) +148.33%
Owned by Insiders (%) 0.43%
Owned by Institutions (%) 37.97%
Float 574.47M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 5.23
PB Ratio 2.14
P/TBV Ratio 2.15
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 45.82, with an EV/FCF ratio of -3.72.

EV / Earnings -4.61
EV / Sales 5.72
EV / EBITDA 45.82
EV / EBIT n/a
EV / FCF -3.72

Financial Position

The company has a current ratio of 5.58, with a Debt / Equity ratio of 1.22.

Current Ratio 5.58
Quick Ratio 3.93
Debt / Equity 1.22
Debt / EBITDA 23.91
Debt / FCF -1.94
Interest Coverage -6.72

Financial Efficiency

Return on equity (ROE) is -35.60% and return on invested capital (ROIC) is -14.97%.

Return on Equity (ROE) -35.60%
Return on Assets (ROA) -6.20%
Return on Invested Capital (ROIC) -14.97%
Return on Capital Employed (ROCE) -8.47%
Weighted Average Cost of Capital (WACC) 17.65%
Revenue Per Employee 1.85M
Profits Per Employee -2.29M
Employee Count170
Asset Turnover 0.23
Inventory Turnover 50.58

Taxes

In the past 12 months, Bitfarms has paid 138,483 in taxes.

Income Tax 138,483
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +141.59% in the last 52 weeks. The beta is 4.09, so Bitfarms's price volatility has been higher than the market average.

Beta (5Y) 4.09
52-Week Price Change +141.59%
50-Day Moving Average 3.04
200-Day Moving Average 3.25
Relative Strength Index (RSI) 42.37
Average Volume (20 Days) 3,984,758

Short Selling Information

The latest short interest is 7.39 million, so 1.74% of the outstanding shares have been sold short.

Short Interest 7.39M
Short Previous Month 8.82M
Short % of Shares Out 1.74%
Short % of Float 2.26%
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, Bitfarms had revenue of CAD 314.36 million and -390.14 million in losses. Loss per share was -0.52.

Revenue314.36M
Gross Profit -25.92M
Operating Income -133.33M
Pretax Income -285.76M
Net Income -390.14M
EBITDA 33.45M
EBIT -133.33M
Loss Per Share -0.52
Full Income Statement

Balance Sheet

The company has 786.29 million in cash and 937.54 million in debt, with a net cash position of -151.26 million or -0.25 per share.

Cash & Cash Equivalents 786.29M
Total Debt 937.54M
Net Cash -151.26M
Net Cash Per Share -0.25
Equity (Book Value) 768.34M
Book Value Per Share 0.56
Working Capital 930.10M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -310.69 million and capital expenditures -172.88 million, giving a free cash flow of -483.57 million.

Operating Cash Flow -310.69M
Capital Expenditures -172.88M
Depreciation & Amortization 168.81M
Net Borrowing 922.70M
Free Cash Flow -483.57M
FCF Per Share -0.80
Full Cash Flow Statement

Margins

Gross margin is -8.25%, with operating and profit margins of -42.41% and -124.11%.

Gross Margin -8.25%
Operating Margin -42.41%
Pretax Margin -90.90%
Profit Margin -124.11%
EBITDA Margin 10.64%
EBIT Margin -42.41%
FCF Margin n/a

Dividends & Yields

Bitfarms does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -80.58%
Shareholder Yield -80.58%
Earnings Yield -23.71%
FCF Yield -29.39%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Bitfarms has an Altman Z-Score of 0.71 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.71
Piotroski F-Score 2