Bitfarms Statistics
Total Valuation
Bitfarms has a market cap or net worth of $1.01 billion. The enterprise value is $895.86 million.
| Market Cap | 1.01B |
| Enterprise Value | 895.86M |
Important Dates
The next estimated earnings date is Tuesday, August 6, 2024, before market open.
| Earnings Date | Aug 6, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Bitfarms has 398.59 million shares outstanding. The number of shares has increased by 45.67% in one year.
| Shares Outstanding | 398.59M |
| Shares Change (YoY) | +45.67% |
| Shares Change (QoQ) | +14.47% |
| Owned by Insiders (%) | 18.83% |
| Owned by Institutions (%) | 20.21% |
| Float | 330.23M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 6.04 |
| Forward PS | 4.93 |
| PB Ratio | 2.75 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 5.38 |
| EV / EBITDA | 39.28 |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 3.02, with a Debt / Equity ratio of 0.04.
| Current Ratio | 3.02 |
| Quick Ratio | 2.80 |
| Debt / Equity | 0.04 |
| Debt / EBITDA | 0.70 |
| Debt / FCF | n/a |
| Interest Coverage | -2.43 |
Financial Efficiency
Return on equity (ROE) is -35.10% and return on invested capital (ROIC) is -21.04%.
| Return on Equity (ROE) | -35.10% |
| Return on Assets (ROA) | -29.20% |
| Return on Capital (ROIC) | -21.04% |
| Revenue Per Employee | $980,194 |
| Profits Per Employee | -$629,118 |
| Employee Count | 170 |
| Asset Turnover | 0.46 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -6.36M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +54.91% in the last 52 weeks. The beta is 3.35, so Bitfarms's price volatility has been higher than the market average.
| Beta (5Y) | 3.35 |
| 52-Week Price Change | +54.91% |
| 50-Day Moving Average | 2.22 |
| 200-Day Moving Average | 2.06 |
| Relative Strength Index (RSI) | 49.70 |
| Average Volume (20 Days) | 27,525,028 |
Short Selling Information
The latest short interest is 24.26 million, so 6.09% of the outstanding shares have been sold short.
| Short Interest | 24.26M |
| Short Previous Month | 28.61M |
| Short % of Shares Out | 6.09% |
| Short % of Float | 7.35% |
| Short Ratio (days to cover) | 0.94 |
Income Statement
In the last 12 months, Bitfarms had revenue of $166.63 million and -$106.95 million in losses. Loss per share was -$0.40.
| Revenue | 166.63M |
| Gross Profit | -23.83M |
| Operating Income | -80.25M |
| Pretax Income | -113.31M |
| Net Income | -106.95M |
| EBITDA | 22.81M |
| EBIT | -80.25M |
| Loss Per Share | -$0.40 |
Balance Sheet
The company has $126.52 million in cash and $15.95 million in debt, giving a net cash position of $110.57 million or $0.28 per share.
| Cash & Cash Equivalents | 126.52M |
| Total Debt | 15.95M |
| Net Cash | 110.57M |
| Net Cash Per Share | $0.28 |
| Equity (Book Value) | 365.41M |
| Book Value Per Share | 0.92 |
| Working Capital | 91.80M |
Cash Flow
In the last 12 months, operating cash flow was $40.85 million and capital expenditures -$139.39 million, giving a free cash flow of -$98.54 million.
| Operating Cash Flow | 40.85M |
| Capital Expenditures | -139.39M |
| Free Cash Flow | -98.54M |
| FCF Per Share | -$0.29 |
Margins
Gross margin is -14.30%, with operating and profit margins of -48.16% and -64.18%.
| Gross Margin | -14.30% |
| Operating Margin | -48.16% |
| Pretax Margin | -68.00% |
| Profit Margin | -64.18% |
| EBITDA Margin | 13.69% |
| EBIT Margin | -48.16% |
| FCF Margin | -59.13% |
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 | -45.67% |
| Shareholder Yield | -45.67% |
| Earnings Yield | -10.63% |
| FCF Yield | -9.79% |
Analyst Forecast
The average price target for Bitfarms is $4.00, which is 58.42% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $4.00 |
| Price Target Difference | 58.42% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 28.86% |
| EPS Growth Forecast (5Y) | 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 9 and a Piotroski F-Score of 4.
| Altman Z-Score | 9 |
| Piotroski F-Score | 4 |