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BIT Mining Ltd ADR BTCM

Morningstar Rating
$2.85 +0.30 (11.76%)
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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.

Price vs Fair Value

BTCM is trading at a 656% premium.
Price
$2.83
Fair Value
$7.83
Uncertainty
Extreme
1-Star Price
$71.32
5-Star Price
$7.14
Economic Moat
Rjrc
Capital Allocation
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News

Trading Information

Previous Close Price
$2.55
Day Range
$2.492.90
52-Week Range
$1.796.95
Bid/Ask
$2.83 / $2.87
Market Cap
$31.67 Mil
Volume/Avg
154,595 / 140,739

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.73
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

BIT Mining Ltd is a cryptocurrency mining company, with a long-term strategy to encompass the whole cryptocurrency value chain. Its business covers cryptocurrency mining, mining pool, data center operation and mining machine manufacturing. The company has significant and growing deployed Bitcoin mining machine capacity, owns three hydroelectric cryptocurrency mines with combined power capacity of 435MW and the entire mining pool business operated under BTC.com, including the domain name and wallet. It has also entered into a definitive agreement to acquire a 7 nanometer cryptocurrency mining machine manufacturer "Bee Computing", completing its vertical integration, making self-sufficient while also strengthening competitive position.
Sector
Technology
Industry
Information Technology Services
Stock Style Box
Total Number of Employees
75

Valuation

Metric
BTCM
Price/Earnings (Normalized)
Price/Book Value
1.26
Price/Sales
0.73
Price/Cash Flow
Price/Earnings
BTCM

Financial Strength

Metric
BTCM
Quick Ratio
0.12
Current Ratio
0.75
Interest Coverage
Quick Ratio
BTCM

Profitability

Metric
BTCM
Return on Assets (Normalized)
−12.24%
Return on Equity (Normalized)
−22.74%
Return on Invested Capital (Normalized)
−21.35%
Return on Assets
BTCM
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