NASDAQ: BITF
Bitfarms Ltd Stock

$2.14+0.15 (+7.54%)
Updated Dec 4, 2024
BITF Price
$2.14
Fair Value Price
-$0.50
Market Cap
$969.28M
52 Week Low
$1.52
52 Week High
$3.91
P/E
N/A
P/B
1.89x
P/S
5.18x
PEG
N/A
Dividend Yield
N/A
Revenue
$182.96M
Earnings
-$126.60M
Gross Margin
-17.5%
Operating Margin
-56.8%
Profit Margin
-69.2%
Debt to Equity
0.15
Operating Cash Flow
$28M
Beta
2.91
Next Earnings
N/A
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 Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine BITF's potential to beat the market

Zen Rating Component Grades

N/A
Value
N/A
Growth
N/A
Momentum
N/A
Sentiment
N/A
Safety
N/A
Financials
N/A
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Capital Market

Industry Rating
C
BITF
Ranked
Unranked of 47

Top Ranked Stocks in Industry

View Top Capital Market Stocks

Be the first to know about important BITF news, forecast changes, insider trades & much more!

BITF News

Overview

Due Diligence Score

Industry Average (31)
You've viewed Due Diligence 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 ($2.14) is overvalued by 528.36% relative to our estimate of its Fair Value price of -$0.50 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
BITF ($2.14) is not significantly undervalued (528.36%) relative to our estimate of its Fair Value price of -$0.50 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
BITF is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
There are 30 more BITF due diligence checks available for Premium users.

Valuation

BITF fair value

Fair Value of BITF stock based on Discounted Cash Flow (DCF)

Price
$2.14
Fair Value
-$0.50
Undervalued by
528.36%
BITF ($2.14) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
BITF ($2.14) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation

BITF price to earnings (PE)

For valuing profitable companies with steady earnings

Company
0x
Industry
25.53x
Market
28.79x

BITF price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
1.89x
Industry
2.34x
BITF is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

BITF's financial health

Profit margin

Revenue
$44.9M
Net Income
-$36.6M
Profit Margin
-81.7%
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
$586.6M
Liabilities
$74.6M
Debt to equity
0.15
BITF's short-term assets ($189.05M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
BITF's short-term assets ($189.05M) 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
-$13.8M
Investing
-$117.0M
Financing
$65.3M
BITF's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

BITF vs Capital Market Stocks

TickerZen RatingMarket Cap1d %P/EP/B
BITF$969.28M+7.54%N/A1.89x
TIGRC$936.53M-3.92%30.21x1.74x
FUFUC$912.25M+6.67%N/A7.80x
BTBTD$755.27M+13.10%70.29x2.40x
AMRKC$689.96M+0.17%11.67x1.13x

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 $3.91, and its 52-week low was $1.52. It is currently -45.27% from its 52-week high and 40.79% from its 52-week low.

How much is Bitfarms stock worth today?

(NASDAQ: BITF) Bitfarms currently has 452,935,321 outstanding shares. With Bitfarms stock trading at $2.14 per share, the total value of Bitfarms stock (market capitalization) is $969.28M.

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 3 years would have been -45.96%, for an annualized return of -18.55% (not including any dividends or dividend reinvestments).

How much is Bitfarms's stock price per share?

(NASDAQ: BITF) Bitfarms stock price per share is $2.14 today (as of Dec 4, 2024).

What is Bitfarms's Market Cap?

(NASDAQ: BITF) Bitfarms's market cap is $969.28M, as of Dec 5, 2024.

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 $2.14 by BITF's total outstanding shares of 452,935,321.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.