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Bitfarms (TSE:BITF)
TSX:BITF
Total Valuation
Bitfarms has a market cap or net worth of $694.46M. The enterprise value is C$796.26M.
Market Cap$694.46M
Enterprise ValueC$796.26M
Share Statistics
Bitfarms has 506,902,920 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding506,902,920
Owned by Insiders17.88%
Owned by Institutions0.17%
Financial Efficiency
Bitfarms’s return on equity (ROE) is -0.35 and return on invested capital (ROIC) is -22.71%.
Return on Equity (ROE)-0.35
Return on Assets (ROA)-0.27
Return on Invested Capital (ROIC)-22.71%
Return on Capital Employed (ROCE)-0.23
Revenue Per Employee860.98K
Profits Per Employee-611.98K
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 Ratio0.00
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 146.37M and earned -104.04M in profits. Earnings per share was -0.40.
Revenue146.37M
Gross Profit-21.50M
Operating Income-72.13M
Pretax Income-104.44M
Net Income-104.04M
EBITDA-7.73M
Earnings Per Share (EPS)-0.40
Cash Flow
In the last 12 months, operating cash flow was 27.67M and capital expenditures -289.39M, giving a free cash flow of -261.71M billion.
Operating Cash Flow27.67M
Free Cash Flow-261.71M
Free Cash Flow per Share-0.52
Dividends & Yields
Bitfarms pays an annual dividend of ―, resulting in a dividend yield of ―
Dividend Per Share―
Dividend Yield―
Payout RatioN/A
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta1.20
52-Week Price Change-31.96%
50-Day Moving Average1.39
200-Day Moving Average2.37
Relative Strength Index (RSI)59.29
Average Volume (3m)1.74M
Important Dates
Bitfarms upcoming earnings date is May 14, 2025, TBA Not Confirmed.
Last Earnings DateMar 27, 2025
Next Earnings DateMay 14, 2025
Ex-Dividend Date―
Financial Position
Bitfarms as a current ratio of 1.88, with Debt / Equity ratio of 4.68%
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 -401.00K in taxes.
Income Tax-401.00K
Effective Tax Rate<0.01
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 $145.54M in cash and marketable securities with $15.95M in debt, giving a net cash position of -$121.59M billion.
Cash & Marketable Securities$145.54M
Total Debt$15.95M
Net Cash-$121.59M
Net Cash Per Share-$0.24
Tangible Book Value Per Share$1.11
Margins
Gross margin is -17.48%, with operating margin of -49.28%, and net profit margin of -71.08%.
Gross Margin-17.48%
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 $4.50, which is 11.43% higher than the current price. The consensus rating is Strong Buy
Price Target$4.50
Price Target Upside202.27% Upside
Analyst ConsensusStrong Buy
Analyst Count3
Revenue Growth Forecast33.77%
EPS Growth Forecast61.73%