BITF:CA:TSV-Bitfarms Ltd (CAD)

COMMON STOCK | Capital Markets | TSV

Last Closing Price

CAD 6.47

Change

0.00 (0.00)%

Market Cap

CAD 1.07B

Volume

0.99M

Avg Analyst Target

CAD 8.00 (+23.65%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. It also provides electrician services to commercial and residential customers in Quebec, Canada. It also provides hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada. Address: 18 King Street East, Toronto, ON, Canada, M5C 1C4

Currency: CAD

Country : Canada

Technical Indicators

Beta : 2.24

52 Week High : 9.34

Short Ratio : 3.32

52 Week Low : 0.38

Shorted Shares : 3,523,834

200 Day Moving Average : 5.94

Shorted Shares Previous Month : 1,602,139

50 Day Moving Average : 6.46

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-10-24 )

Largest Industry Peers for Capital Markets

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
HIVE:CA HIVE Blockchain Technologies L..

N/A

 CAD1.70B 21.41 20.87
CWRK:CA CurrencyWorks Inc

N/A

 CAD0.13B N/A N/A
NDA:CA Neptune Digital Assets Corp

N/A

 CAD0.08B 12.44 N/A
CSTR:CA CryptoStar Corp

N/A

 CAD0.07B N/A 100.12
FORT:CA Fortress Technologies Inc

N/A

 CAD0.06B 8.64 5.87
DELX:CA DelphX Capital Markets Inc

N/A

 CAD0.06B N/A N/A
BTCW:CA Bitcoin Well Inc.

N/A

 CAD0.05B N/A N/A
DASH:CA Neptune Digital Assets Corp

N/A

 CAD0.02B 26.50 N/A
IMIN:CA iMining Blockchain and Cryptoc..

N/A

 CAD0.01B 29.70 N/A
MNC:CA Magnetic North Acquisition Cor..

N/A

 CAD0.01B N/A N/A

ETFs Containing BITF:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Capital Markets)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 158.80% 82% B- 90% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 158.80% 82% B- 90% A-
Trailing 12 Months  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) N/A N/A N/A N/A N/A
Risk Adjusted Return N/A N/A N/A N/A N/A
Market Capitalization 1.07B 93% A 99% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Capital Markets)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 53.49 13% F 17% F
Price/Book Ratio 4.61 46% F 37% F
Price / Cash Flow Ratio 148.24 13% F 2% F
EV/EBITDA 61.26 29% F 17% F
Management Effectiveness  
Return on Equity -19.09% 64% D 60% D-
Return on Invested Capital -14.26% 57% F 52% F
Return on Assets 12.05% 80% B- 97% A+
Debt to Equity Ratio 1.13% 60% D- 58% F
Technical Ratios  
Short Ratio 3.32 7% F 6% F
Short Percent 0.92% 9% F 3% F
Beta 2.24 54% F 15% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.