Ratings Bitfarms Ltd.

Equities

BITF

CA09173B1076

Delayed Toronto S.E. Other stock markets 12:24:45 2024-05-10 pm EDT			5-day change	1st Jan Change
2.39 ^CAD	-5.16%		-4.78%	-37.92%

May. 06	TSX closes at 3-week high as rate cut hopes renew	RE
May. 06	TSX jumps to 3-week high as rate cut bets revive	RE

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
From a short-term investment perspective, the company presents a deteriorated fundamental configuration.

Strengths

The prospective high growth for the next fiscal years is among the main assets of the company
Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
The group's high margin levels account for strong profits.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Analyst opinion has improved significantly over the past four months.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.

Weaknesses

For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.

Ratings chart - Surperformance

Sector: Blockchain & Cryptocurrency

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
BITFARMS LTD.	-37.92%	692M		-
MARATHON DIGITAL HOLDINGS, INC.	-23.88%	5.36B		D+
CLEANSPARK, INC.	+45.60%	3.74B		C-
PHOENIX GROUP PLC	-6.25%	3.44B	-	-
RIOT PLATFORMS, INC.	-38.91%	2.97B		D+
CIPHER MINING INC.	-9.68%	1.22B		-
HUT 8 CORP.	-40.14%	729M	-	-
TERAWULF INC.	-4.38%	713M		-
BITDEER TECHNOLOGIES GROUP	-44.62%	687M	-	-
BITFUFU INC.	-72.50%	513M	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes