Bitfarms Stock Return On Asset
| BITF Stock | USD 1.50 0.06 4.17% |
Bitfarms fundamentals help investors to digest information that contributes to Bitfarms' financial success or failures. It also enables traders to predict the movement of Bitfarms Stock. The fundamental analysis module provides a way to measure Bitfarms' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bitfarms stock.
The current Return On Assets is estimated to decrease to -0.33. Bitfarms | Return On Asset |
Bitfarms Company Return On Asset Analysis
Bitfarms' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Bitfarms Return On Asset | -0.13 |
Most of Bitfarms' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bitfarms is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Bitfarms Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Bitfarms is extremely important. It helps to project a fair market value of Bitfarms Stock properly, considering its historical fundamentals such as Return On Asset. Since Bitfarms' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Bitfarms' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Bitfarms' interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Bitfarms Total Assets
Total Assets |
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Based on the latest financial disclosure, Bitfarms has a Return On Asset of -0.13. This is 72.34% lower than that of the Capital Markets sector and 99.26% lower than that of the Financials industry. The return on asset for all United States stocks is 7.14% lower than that of the firm.
Bitfarms Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bitfarms' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bitfarms could also be used in its relative valuation, which is a method of valuing Bitfarms by comparing valuation metrics of similar companies.Bitfarms is currently under evaluation in return on asset category among its peers.
Bitfarms Fundamentals
| Return On Equity | -0.31 | ||||
| Return On Asset | -0.13 | ||||
| Profit Margin | (0.68) % | ||||
| Operating Margin | (0.88) % | ||||
| Current Valuation | 588.07 M | ||||
| Shares Outstanding | 493.78 M | ||||
| Shares Owned By Insiders | 19.97 % | ||||
| Shares Owned By Institutions | 22.19 % | ||||
| Number Of Shares Shorted | 61.55 M | ||||
| Price To Earning | 10.80 X | ||||
| Price To Book | 1.29 X | ||||
| Price To Sales | 3.89 X | ||||
| Revenue | 146.37 M | ||||
| Gross Profit | (31.99 M) | ||||
| EBITDA | (15.86 M) | ||||
| Net Income | (105.94 M) | ||||
| Cash And Equivalents | 45.98 M | ||||
| Cash Per Share | 0.22 X | ||||
| Total Debt | 19.87 M | ||||
| Debt To Equity | 0.37 % | ||||
| Current Ratio | 1.29 X | ||||
| Book Value Per Share | 1.14 X | ||||
| Cash Flow From Operations | 24.03 M | ||||
| Short Ratio | 1.39 X | ||||
| Earnings Per Share | (0.38) X | ||||
| Target Price | 4.29 | ||||
| Number Of Employees | 170 | ||||
| Beta | 3.18 | ||||
| Market Capitalization | 711.04 M | ||||
| Total Asset | 378.73 M | ||||
| Retained Earnings | (294.92 M) | ||||
| Working Capital | 60.83 M | ||||
| Net Asset | 378.73 M |
About Bitfarms Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bitfarms's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bitfarms using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bitfarms based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Bitfarms is a strong investment it is important to analyze Bitfarms' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bitfarms' future performance. For an informed investment choice regarding Bitfarms Stock, refer to the following important reports:Check out Bitfarms Piotroski F Score and Bitfarms Altman Z Score analysis. For more detail on how to invest in Bitfarms Stock please use our How to Invest in Bitfarms guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bitfarms. If investors know Bitfarms will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bitfarms listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.38) | Revenue Per Share | Quarterly Revenue Growth 0.296 | Return On Assets | Return On Equity |
The market value of Bitfarms is measured differently than its book value, which is the value of Bitfarms that is recorded on the company's balance sheet. Investors also form their own opinion of Bitfarms' value that differs from its market value or its book value, called intrinsic value, which is Bitfarms' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bitfarms' market value can be influenced by many factors that don't directly affect Bitfarms' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bitfarms' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitfarms is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitfarms' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.