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NASDAQ: BITF
Bitfarms Ltd Stock

$0.99+0.07 (+7.61%)
Updated Mar 23, 2023
BITF Price
$0.99
Fair Value Price
N/A
Market Cap
$221.29M
52 Week Low
$0.38
52 Week High
$4.38
P/E
-0.86x
P/B
0.87x
P/S
0.64x
PEG
N/A
Dividend Yield
N/A
Revenue
$142.43M
Earnings
-$239.05M
Gross Margin
7.4%
Operating Margin
-199.41%
Profit Margin
-167.8%
Debt to Equity
0.34
Operating Cash Flow
$36M
Beta
2.89
Next Earnings
May 15, 2023
Ex-Dividend
N/A
Next Dividend
N/A

BITF Overview

Bitfarms Ltd. provides computing power to cryptocurrency networks such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Dash. Bitfarms also hosts third-party mining hardware and provides electrician services to commercial and residential customers. The company was founded in 2017 and is headquartered in Toronto, Canada.

Zen Score

Industry Average (32)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how BITF scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

BITF is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
BITF is good value based on its book value relative to its share price (0.87x), compared to the US Capital Markets industry average (1.54x)
P/B vs Industry Valuation
BITF is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more BITF due diligence checks available for Premium users.

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BITF News

Valuation

BITF price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.86x
Industry
16.1x
Market
21.14x

BITF price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.87x
Industry
1.54x
BITF is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

BITF's financial health

Profit margin

Revenue
$27.0M
Net Income
-$16.8M
Profit Margin
-62.3%
BITF's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
BITF's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$343.1M
Liabilities
$87.5M
Debt to equity
0.34
BITF's short-term assets ($69.09M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
BITF's short-term assets ($69.09M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
BITF's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$33.1M
Investing
-$10.5M
Financing
-$27.5M
BITF's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

BITF vs Capital Market Stocks

TickerMarket Cap1d %P/EP/B
BITF$221.29M+7.87%-0.86x0.87x
TOP$187.87M-4.46%35.73x5.44x
AMTD$184.21M0.00%1.17x0.21x
HIVE$268.89M+6.29%-0.92x1.91x
IREN$169.69M+8.84%N/A0.91x

Bitfarms Stock FAQ

What is Bitfarms's quote symbol?

NASDAQ: BITF) Bitfarms trades on the NASDAQ under the ticker symbol BITF. Bitfarms stock quotes can also be displayed as NASDAQ: BITF.

If you're new to stock investing, here's how to buy Bitfarms stock.

What is the 52 week high and low for Bitfarms (NASDAQ: BITF)?

(NASDAQ: BITF) Bitfarms's 52-week high was $4.38, and its 52-week low was $0.38. It is currently -77.47% from its 52-week high and 162.5% from its 52-week low.

How much is Bitfarms stock worth today?

(NASDAQ: BITF) Bitfarms currently has 224,200,000 outstanding shares. With Bitfarms stock trading at $0.99 per share, the total value of Bitfarms stock (market capitalization) is $221.29M.

Bitfarms stock was originally listed at a price of $3.96 in Jun 21, 2021. If you had invested in Bitfarms stock at $3.96, your return over the last 1 years would have been -75.08%, for an annualized return of -75.08% (not including any dividends or dividend reinvestments).

How much is Bitfarms's stock price per share?

(NASDAQ: BITF) Bitfarms stock price per share is $0.99 today (as of Mar 23, 2023).

What is Bitfarms's Market Cap?

(NASDAQ: BITF) Bitfarms's market cap is $221.29M, as of Mar 24, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Bitfarms's market cap is calculated by multiplying BITF's current stock price of $0.99 by BITF's total outstanding shares of 224,200,000.
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