Bitfarms Statistics
Total Valuation
Bitfarms has a market cap or net worth of $622.06 million. The enterprise value is $575.50 million.
Important Dates
The next estimated earnings date is Thursday, March 6, 2025, before market open.
| Earnings Date | Mar 6, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Bitfarms has 472.55 million shares outstanding. The number of shares has increased by 52.70% in one year.
| Current Share Class | 472.55M |
| Shares Outstanding | 472.55M |
| Shares Change (YoY) | +52.70% |
| Shares Change (QoQ) | +11.83% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | n/a |
| Float | 381.47M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 3.40 |
| Forward PS | 1.85 |
| PB Ratio | 1.21 |
| P/TBV Ratio | 1.22 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 3.15 |
| EV / EBITDA | 15.87 |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 3.70, with a Debt / Equity ratio of 0.05.
| Current Ratio | 3.70 |
| Quick Ratio | 1.69 |
| Debt / Equity | 0.05 |
| Debt / EBITDA | 0.61 |
| Debt / FCF | n/a |
| Interest Coverage | -53.52 |
Financial Efficiency
Return on equity (ROE) is -32.84% and return on invested capital (ROIC) is -14.06%.
| Return on Equity (ROE) | -32.84% |
| Return on Assets (ROA) | -13.00% |
| Return on Invested Capital (ROIC) | -14.06% |
| Return on Capital Employed (ROCE) | -17.85% |
| Revenue Per Employee | $1.08M |
| Profits Per Employee | -$772,194 |
| Employee Count | 170 |
| Asset Turnover | 0.40 |
| Inventory Turnover | 225.67 |
Taxes
| Income Tax | -4.96M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -61.85% in the last 52 weeks. The beta is 3.22, so Bitfarms's price volatility has been higher than the market average.
| Beta (5Y) | 3.22 |
| 52-Week Price Change | -61.85% |
| 50-Day Moving Average | 1.61 |
| 200-Day Moving Average | 2.07 |
| Relative Strength Index (RSI) | 37.24 |
| Average Volume (20 Days) | 39,533,602 |
Short Selling Information
The latest short interest is 64.44 million, so 13.64% of the outstanding shares have been sold short.
| Short Interest | 64.44M |
| Short Previous Month | 61.55M |
| Short % of Shares Out | 13.64% |
| Short % of Float | 16.89% |
| Short Ratio (days to cover) | 1.42 |
Income Statement
In the last 12 months, Bitfarms had revenue of $182.96 million and -$131.27 million in losses. Loss per share was -$0.35.
| Revenue | 182.96M |
| Gross Profit | -31.99M |
| Operating Income | -95.59M |
| Pretax Income | -113.21M |
| Net Income | -131.27M |
| EBITDA | 36.27M |
| EBIT | -95.59M |
| Loss Per Share | -$0.35 |
Full Income StatementBalance Sheet
The company has $72.91 million in cash and $23.96 million in debt, giving a net cash position of $48.96 million or $0.10 per share.
| Cash & Cash Equivalents | 72.91M |
| Total Debt | 23.96M |
| Net Cash | 48.96M |
| Net Cash Per Share | $0.10 |
| Equity (Book Value) | 512.02M |
| Book Value Per Share | 1.13 |
| Working Capital | 137.96M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$125.18 million and capital expenditures -$289.39 million, giving a free cash flow of -$414.56 million.
| Operating Cash Flow | -125.18M |
| Capital Expenditures | -289.39M |
| Free Cash Flow | -414.56M |
| FCF Per Share | -$0.88 |
Full Cash Flow StatementMargins
Gross margin is -17.48%, with operating and profit margins of -52.25% and -71.75%.
| Gross Margin | -17.48% |
| Operating Margin | -52.25% |
| Pretax Margin | -74.46% |
| Profit Margin | -71.75% |
| EBITDA Margin | 19.82% |
| EBIT Margin | -52.25% |
| 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 | -52.70% |
| Shareholder Yield | -52.70% |
| Earnings Yield | -21.10% |
| FCF Yield | -66.64% |
Analyst Forecast
The average price target for Bitfarms is $4.43, which is 235.61% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $4.43 |
| Price Target Difference | 235.61% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 7 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 5.31 and a Piotroski F-Score of 4.
| Altman Z-Score | 5.31 |
| Piotroski F-Score | 4 |