Bitfarms Ltd BITF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
Bitfarms to Participate in Upcoming Conferences
-
Bitfarms Reaches 7 EH/s with Completion of Fleet Upgrade at Garlock and Farnham Facilities
-
Bitfarms Announces March 2024 Production and Operations Update
-
Toronto Stocks Advance; Taseko Mines Up on Acquisition of Remaining Stake in Gibraltar Mine
-
Bitfarms Announces CEO Transition
-
Bitfarms Purchases Additional Miners to Reach 21 EH/s in 2024
-
Bitfarms Announces $375 Million At-the-Market Equity Offering Program
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Toronto Stocks Advance; Linamar Shares Rise on 4Q Profit Beat, Dividend Hike
Trading Information
- Previous Close Price
- CAD 2.47
- Day Range
- CAD 2.46–2.70
- 52-Week Range
- CAD 1.26–5.25
- Bid/Ask
- CAD 2.61 / CAD 2.62
- Market Cap
- CAD 875.48 Mil
- Volume/Avg
- 3.0 Mil / 4.7 Mil
Key Statistics
- Price/Earnings (Normalized)
- 7.13
- Price/Sales
- 3.48
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Bitfarms Ltd engaged in the cryptocurrency Mining industry mainly consists of selling its computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. Its geographic operations are currently located in Canada, the United States, Argentina, and Paraguay. It owns and operates server farms comprised of computers designed to validate transactions on the Bitcoin Blockchain.
- Sector
- Financial Services
- Industry
- Capital Markets
- Stock Style Box
- Small Core
- Total Number of Employees
- 170
- Website
- https://bitfarms.com
Comparables
Valuation
|
Metric
|
BITF
|
WULF
|
6869
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.13 | — | 23.99 |
Price/Book Value | 2.24 | 2.76 | 4.24 |
Price/Sales | 3.48 | 6.46 | 2.44 |
Price/Cash Flow | 22.75 | 30.28 | 21.51 |
Price/Earnings
BITF
WULF
6869
Financial Strength
|
Metric
|
BITF
|
WULF
|
6869
|
|---|---|---|---|
Quick Ratio | 1.71 | 0.36 | 1.09 |
Current Ratio | 1.88 | 0.40 | 1.28 |
Interest Coverage | −7.88 | −0.84 | 18.77 |
Quick Ratio
BITF
WULF
6869
Profitability
|
Metric
|
BITF
|
WULF
|
6869
|
|---|---|---|---|
Return on Assets (Normalized) | 21.10% | −19.49% | 8.44% |
Return on Equity (Normalized) | 26.12% | −43.43% | 20.99% |
Return on Invested Capital (Normalized) | 26.45% | −10.26% | 11.52% |
Return on Assets
BITF
WULF
6869
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