Bit Digital, Inc. (BTBT) Valuation — DCF, Graham & Comparables

Bit Digital, Inc. (BTBT) — Price $1.43 Financial ServicesFinancial - Capital Markets — NASDAQ

Latest reported results:

Valuation dashboard for Bit Digital, Inc. (BTBT) with P/E N/A, P/B 1.55, EV/EBITDA -4.15 and dividend yield 0.00%. DCF, Graham Number and Earnings Power Value models plus sector comparison against other Financial Services companies.

Bit Digital, Inc., along with its subsidiary entities, primarily focuses on the business of mining bitcoin. Additionally, the firm undertakes treasury management operations. The company was established in 2017 and was previously known as Golden Bull Limited before rebranding to Bit Digital, Inc. in September 2020. Its corporate headquarters are situated in New York, New York.

Analysis Summary

Bit Digital, Inc. reported revenue of $113.6M in the most recent fiscal year, growing at a 5-year CAGR of 40.1%.

Trailing-twelve-month margins: gross margin 32.1%, operating margin -60.9%, net margin -237.2%.

At the current price of $1.43, BTBT has negative trailing earnings (P/E not meaningful) and an ROE of -46.72%. Market capitalisation stands at $499M.

Balance sheet quality for BTBT: current ratio of 6.4. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

Price / Book1.55
EV / EBITDA-4.15
Dividend Yield0.00%

Valuation Models

DCF Fair Value$-0.18
vs Current Price-112.9%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
BTBTBit Digital, Inc.$499M1.55-46.7%
0QYU.LMorgan Stanley$326.4B16.882.9918.1%
MSMorgan Stanley$319.4B15.382.7218.1%
GSThe Goldman Sachs Group, Inc.$276.7B13.562.1817.0%
0L3I.LThe Charles Schwab Corporation$186.2B21.193.6117.9%
SCHWThe Charles Schwab Corporation$182.9B19.243.6920.4%
HOODRobinhood Markets, Inc.$93.9B44.359.7222.7%
NMRNomura Holdings, Inc.$30.5B0.321.21395.4%

Price

Price$1.43
Market Cap$499M
ExchangeNASDAQ
CountryUS

Profitability

Return on Equity-46.72%
Return on Invested Capital-6.36%
Return on Assets-23.57%
Gross Margin32.06%
Operating Margin-60.94%
Net Margin-237.19%

Related companies: ABTC · BFC · DCOM · DFIN · GEMI · MFH · MHLA

Explore sector: Financial Services · Financial - Capital Markets

More sections of BTBT: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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