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Bitfarms (TSE:BITF)
TSX:BITF
Total Valuation
Bitfarms has a market cap or net worth of C$588.01M. The enterprise value is C$796.26M.
Market CapC$588.01M
Enterprise ValueC$796.26M
Share Statistics
Bitfarms has 506.90M shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding506.90M
Owned by Insiders17.88%
Owned by Instutions0.17%
Financial Efficiency
Bitfarms’s return on equity (ROE) is -0.35 and return on invested capital (ROIC) is -22.71%.
Return on Equity (ROE)-35.29%
Return on Assets (ROA)-27.47%
Return on Invested Capital (ROIC)-22.71%
Return on Capital Employed (ROCE)-23.30%
Revenue Per EmployeeC$1,076,229.412
Profits Per Employee-C$744,711.765
Employee Count170
Asset Turnover0.39
Inventory Turnover238.11
Valuation Ratios
The current PE Ratio of Bitfarms is -7.32. Bitfarms’s PEG ratio is 0.11.
PE Ratio-7.32
PS Ratio5.20
PB Ratio2.58
Price to Fair Value2.58
Price to FCF-15.95
Price to Operating Cash Flow32.26
PEG Ratio0.11
Income Statement
In the last 12 months, Bitfarms had revenue of C$182.96M and earned -C$126.60M in profits. Earnings per share was -C$0.37.
RevenueC$182.96M
Gross Profit-C$31.99M
Operating Income-C$103.92M
Pretax Income-C$131.56M
Net Income-C$126.60M
EBITDA16.24M
Earnings Per Share (EPS)-0.37
Cash Flow
In the last 12 months, operating cash flow was C$27.67M and capital expenditures -C$289.39M, giving a free cash flow of -C$261.71M billion.
Operating Cash FlowC$27.67M
Free Cash Flow-C$261.71M
Free Cash Flow per Share-C$0.52
Dividends & Yields
Bitfarms pays an annual dividend of , resulting in a dividend yield of
Dividend Per Share
Dividend Yield
Payout Ratio
Free Cash Flow Yield-6.27%
Earnings Yield-13.67%
Stock Price Statistics
Beta1.04
52-Week Price Change-58.87%
50-Day Moving Average1.54
200-Day Moving Average2.54
Relative Strength Index (RSI)42.12
Average Volume (3m)1.95M
Important Dates
Bitfarms upcoming earnings date is May 19, 2025, Before Open.
Last Earnings DateMar 27, 2025
Next Earnings DateMay 19, 2025
Ex-Dividend Date―
Financial Position
Bitfarms as a current ratio of 1.88, with Debt / Equity ratio of 0.07
Current Ratio1.88
Quick Ratio1.87
Debt to Market Cap<0.01
Net Debt to EBITDA8.30
Interest Coverage Ratio-6.05
Taxes
In the past 12 months, Bitfarms has paid -C$4.96M in taxes.
Income Tax-C$4.96M
Effective Tax Rate0.38%
Enterprise Valuation
Bitfarms EV to EBITDA ratio is -90.16, with an EV/FCF ratio of -14.61.
EV to Sales4.76
EV to EBITDA-90.16
EV to Free Cash Flow-14.61
EV to Operating Cash Flow29.54
Balance Sheet
Bitfarms has C$145.54M in cash and marketable securities with C$23.95M in debt, giving a net cash position of -C$121.59M billion.
Cash & Marketable SecuritiesC$145.54M
Total DebtC$23.95M
Net Cash-C$121.59M
Net Cash Per Share-C$0.24
Tangible Book Value Per ShareC$1.11
Margins
Gross margin is -14.69%, with operating margin of -49.28%, and net profit margin of -71.08%.
Gross Margin-14.69%
Operating Margin-49.28%
Pretax Margin-71.35%
Net Profit Margin-71.08%
EBITDA Margin-5.28%
EBIT Margin-63.21%
Analyst Forecast
The average price target for Bitfarms is C$4.28, which is 11.43% higher than the current price. The consensus rating is Strong Buy
Price TargetC$4.28
Price Target Upside269.16%
Analyst ConsensusStrong Buy
Analyst Count3
Revenue Growth Forecast33.77%
EPS Growth Forecast61.73%