Bitfarms Stock Analysis

Bitfarms Stock Analysis Notes

About 36.0% of the company shares are held by institutions such as insurance companies. The book value of Bitfarms was currently reported as 1.09. The company recorded a loss per share of 0.13. Bitfarms had not issued any dividends in recent years. Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. The company was founded in 2017 and is headquartered in Toronto, Canada. Bitfarms operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 106 people. For more info on Bitfarms please contact Geoffrey Morphy at 647-259-1790 or go to https://www.bitfarms.com.

Bitfarms Investment Alerts

Bitfarms Largest EPS Surprises

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Bitfarms Environmental, Social, and Governance (ESG) Scores

Bitfarms Stock Institutional Investors

Note, although Bitfarms' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Bitfarms Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.55 B.

Bitfarms Profitablity

The company has Profit Margin (PM) of (0.46) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.29) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.29.

Management Efficiency

Bitfarms has return on total asset (ROA) of (0.0817) % which means that it has lost $0.0817 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.125) %, meaning that it created substantial loss on money invested by shareholders. Bitfarms' management efficiency ratios could be used to measure how well Bitfarms manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.1. The current Return On Capital Employed is estimated to decrease to -0.21. At this time, Bitfarms' Non Current Assets Total are most likely to increase significantly in the upcoming years. The Bitfarms' current Other Current Assets is estimated to increase to about 68.5 M, while Other Assets are projected to decrease to roughly 1.4 M.

Technical Drivers

As of the 27th of January, Bitfarms shows the Risk Adjusted Performance of (0.07), mean deviation of 4.66, and Standard Deviation of 6.23. Bitfarms technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Bitfarms market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Bitfarms is priced correctly, providing market reflects its regular price of 2.61 per share. Please also double-check Bitfarms jensen alpha, which is currently at (0.87) to validate the company can sustain itself at a future point.

Bitfarms Price Movement Analysis

Bitfarms Outstanding Bonds

Bitfarms Predictive Daily Indicators

Bitfarms Forecast Models

Bitfarms' time-series forecasting models are one of many Bitfarms' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Bitfarms' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Bitfarms Bond Ratings

Bitfarms financial ratings play a critical role in determining how much Bitfarms have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Bitfarms' borrowing costs.

Bitfarms Debt to Cash Allocation

Bitfarms currently holds 23.41 M in liabilities with Debt to Equity (D/E) ratio of 0.37, which is about average as compared to similar companies. Bitfarms has a current ratio of 1.26, suggesting that it is in a questionable position to pay out its financial obligations when due. Note, when we think about Bitfarms' use of debt, we should always consider it together with its cash and equity.

Bitfarms Total Assets Over Time

Bitfarms Assets Financed by Debt

The debt-to-assets ratio shows the degree to which Bitfarms uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

Bitfarms Debt Ratio

3.83

It seems as most of the Bitfarms' assets are financed through equity. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Bitfarms' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Bitfarms, which in turn will lower the firm's financial flexibility.

Bitfarms Corporate Bonds Issued

Bitfarms Net Debt

Stock analysis is the technique used by a trader or investor to examine and evaluate how Bitfarms prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Bitfarms shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Bitfarms. By using and applying Bitfarms Stock analysis, traders can create a robust methodology for identifying Bitfarms entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Bitfarms analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Bitfarms analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Bitfarms stock analysis indicators help investors evaluate how Bitfarms stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Bitfarms shares will generate the highest return on investment. By understating and applying Bitfarms stock analysis, traders can identify Bitfarms position entry and exit signals to maximize returns.

When running Bitfarms' price analysis, check to measure Bitfarms' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bitfarms is operating at the current time. Most of Bitfarms' value examination focuses on studying past and present price action to predict the probability of Bitfarms' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitfarms' price. Additionally, you may evaluate how the addition of Bitfarms to your portfolios can decrease your overall portfolio volatility.