BITFARMS LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.68 CAD | -2.19% |
|
+1.52% | -30.39% |
| Apr. 22 | TSX claws back some April declines as sentiment improves | RE |
| Apr. 22 | TSX flat as broader gains offset materials weakness | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 32.07 | 172.1 | 973.7 | 90.15 | 935.5 | 697.5 | - | - |
| Enterprise Value (EV) 1 | 32.07 | 172.1 | 973.7 | 90.15 | 935.5 | 697.5 | 697.5 | 697.5 |
| P/E ratio | 9.62 x | - | - | -0.36 x | -7.26 x | -48.9 x | 3.38 x | 3.84 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.99 x | 4.96 x | 5.74 x | 0.63 x | 6.39 x | 2.59 x | 1.36 x | 1.06 x |
| EV / Revenue | 0.99 x | 4.96 x | 5.74 x | 0.63 x | 6.39 x | 2.59 x | 1.36 x | 1.06 x |
| EV / EBITDA | - | - | - | - | 26.7 x | 5.43 x | 2.34 x | - |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | - | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 83,375 | 87,701 | 192,969 | 218,275 | 322,129 | 356,292 | - | - |
| Reference price 2 | 0.3846 | 1.963 | 5.046 | 0.4130 | 2.904 | 1.958 | 1.958 | 1.958 |
| Announcement Date | 4/29/20 | 3/25/21 | 3/28/22 | 3/21/23 | 3/7/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 32.42 | 34.7 | 169.5 | 142.4 | 146.4 | 269.6 | 513 | 657 |
| EBITDA 1 | - | - | - | - | 35.08 | 128.6 | 297.7 | - |
| EBIT 1 | - | -5.289 | 67.59 | -284 | -72.13 | -27.1 | 268.7 | 238 |
| Operating Margin | - | -15.24% | 39.88% | -199.41% | -49.28% | -10.05% | 52.38% | 36.23% |
| Earnings before Tax (EBT) 1 | - | - | - | -256.5 | -104.4 | -12.68 | 216.7 | 236 |
| Net income 1 | - | - | - | -239 | -104 | -12.88 | 196.1 | 213 |
| Net margin | - | - | - | -167.84% | -71.08% | -4.78% | 38.22% | 32.42% |
| EPS 2 | 0.0400 | - | - | -1.150 | -0.4000 | -0.0400 | 0.5800 | 0.5100 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 4/29/20 | 3/25/21 | 3/28/22 | 3/21/23 | 3/7/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 44.77 | 59.6 | 40.33 | 41.82 | 33.25 | 27.04 | 30.05 | 35.48 | 34.6 | 46.24 | 50.82 | 54.07 | 73.37 | 91.36 | 117.5 |
| EBITDA 1 | - | - | - | - | - | - | - | 7.672 | 6.866 | 14.05 | 22.76 | 22.12 | 36.13 | 49.97 | 73.94 |
| EBIT 1 | 18.34 | 19.92 | 6.874 | -76.36 | -13.67 | -20.02 | -15 | -15.19 | -18.64 | -12.74 | -8.07 | -16.53 | 0.04 | -7.246 | 63.45 |
| Operating Margin | 40.95% | 33.42% | 17.04% | -182.62% | -41.11% | -74.05% | -49.91% | -42.81% | -53.87% | -27.54% | -15.88% | -30.57% | 0.05% | -7.93% | 54.01% |
| Earnings before Tax (EBT) 1 | - | - | 10.96 | -161.2 | -89.53 | -16.65 | -2.809 | -24.99 | -18.3 | -57.54 | -6.022 | -10.74 | 3.68 | 2.196 | 50.38 |
| Net income 1 | - | - | 4.519 | -141.9 | -84.81 | -16.84 | -2.479 | -24.89 | -18.7 | -57.16 | -5.789 | -10.18 | 3.674 | 2.008 | 46.57 |
| Net margin | - | - | 11.21% | -339.39% | -255.08% | -62.3% | -8.25% | -70.17% | -54.06% | -123.61% | -11.39% | -18.82% | 5.01% | 2.2% | 39.65% |
| EPS 2 | - | - | 0.0200 | -0.7000 | -0.4000 | -0.0800 | -0.0100 | -0.1000 | -0.0700 | -0.1900 | -0.0180 | -0.0300 | 0.0133 | 0.005000 | 0.1400 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/15/21 | 3/28/22 | 5/16/22 | 8/15/22 | 11/14/22 | 3/21/23 | 5/15/23 | 8/8/23 | 11/6/23 | 3/7/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | - | - | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | - | - | - | - | - | 262 | 34.1 | 101 |
| Capex / Sales | - | - | - | - | - | 97.29% | 6.65% | 15.37% |
| Announcement Date | 4/29/20 | 3/25/21 | 3/28/22 | 3/21/23 | 3/7/24 | - | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
2.68
Average target price
-
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -30.39% | 698M | |
| -17.28% | 5.2B | |
| +74.34% | 4.33B | |
| -1.34% | 3.64B | |
| -22.88% | 3.02B | |
| +8.96% | 1.31B | |
| -33.96% | 788M | |
| -35.60% | 754M | |
| +2.92% | 747M | |
| -71.68% | 503M |
- Stock Market
- Equities
- BITF Stock
- Financials Bitfarms Ltd.
