Bitdeer Technologies Group Stock Fundamentals
| BTDR Stock | 12.23 1.07 9.59% |
Bitdeer Technologies Group fundamentals help investors to digest information that contributes to Bitdeer Technologies' financial success or failures. It also enables traders to predict the movement of Bitdeer Stock. The fundamental analysis module provides a way to measure Bitdeer Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bitdeer Technologies stock.
At this time, Bitdeer Technologies' Total Other Income Expense Net is relatively stable compared to the past year. As of 11/29/2024, Income Tax Expense is likely to grow to about 8.5 M, while Selling General Administrative is likely to drop slightly above 61 M. Bitdeer | Select Account or Indicator |
Bitdeer Technologies Group Company Operating Margin Analysis
Bitdeer Technologies' Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Bitdeer Technologies Operating Margin | (0.17) % |
Most of Bitdeer Technologies' fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bitdeer Technologies Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Bitdeer Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, Bitdeer Technologies Group has an Operating Margin of -0.173%. This is 98.04% lower than that of the Software sector and 98.75% lower than that of the Information Technology industry. The operating margin for all United States stocks is 96.86% lower than that of the firm.
Bitdeer Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bitdeer Technologies's current stock value. Our valuation model uses many indicators to compare Bitdeer Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bitdeer Technologies competition to find correlations between indicators driving Bitdeer Technologies's intrinsic value. More Info.Bitdeer Technologies Group is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . At this time, Bitdeer Technologies' Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Bitdeer Technologies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Bitdeer Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bitdeer Technologies' direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bitdeer Technologies could also be used in its relative valuation, which is a method of valuing Bitdeer Technologies by comparing valuation metrics of similar companies.Bitdeer Technologies is currently under evaluation in operating margin category among its peers.
Bitdeer Technologies ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Bitdeer Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bitdeer Technologies' managers, analysts, and investors.Environmental | Governance | Social |
Bitdeer Fundamentals
| Return On Equity | -0.0608 | ||||
| Return On Asset | -0.0157 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | (0.17) % | ||||
| Current Valuation | 1.93 B | ||||
| Shares Outstanding | 118.81 M | ||||
| Shares Owned By Insiders | 64.37 % | ||||
| Shares Owned By Institutions | 17.15 % | ||||
| Number Of Shares Shorted | 12.56 M | ||||
| Price To Book | 3.93 X | ||||
| Price To Sales | 4.86 X | ||||
| Revenue | 368.55 M | ||||
| EBITDA | 27.4 M | ||||
| Net Income | (56.66 M) | ||||
| Total Debt | 92.83 M | ||||
| Book Value Per Share | 2.99 X | ||||
| Cash Flow From Operations | (273.74 M) | ||||
| Short Ratio | 4.58 X | ||||
| Earnings Per Share | (0.56) X | ||||
| Target Price | 16.11 | ||||
| Number Of Employees | 211 | ||||
| Beta | 1.92 | ||||
| Market Capitalization | 2.04 B | ||||
| Total Asset | 639.39 M | ||||
| Retained Earnings | (49.85 M) | ||||
| Working Capital | 52.32 M | ||||
| Net Asset | 639.39 M |
About Bitdeer Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bitdeer Technologies Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bitdeer Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bitdeer Technologies Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 144.3 M | 151.7 M | |
| Total Revenue | 368.6 M | 301.8 M | |
| Cost Of Revenue | 290.7 M | 220.5 M | |
| Stock Based Compensation To Revenue | 0.12 | 0.23 | |
| Sales General And Administrative To Revenue | 0.18 | 0.14 | |
| Research And Ddevelopement To Revenue | 0.08 | 0.06 | |
| Capex To Revenue | 0.34 | 0.33 | |
| Revenue Per Share | 3.34 | 1.98 | |
| Ebit Per Revenue | (0.14) | (0.15) |
Pair Trading with Bitdeer Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bitdeer Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bitdeer Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Bitdeer Stock
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| 0.85 | BL | Blackline | PairCorr |
Moving against Bitdeer Stock
The ability to find closely correlated positions to Bitdeer Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bitdeer Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bitdeer Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bitdeer Technologies Group to buy it.
The correlation of Bitdeer Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bitdeer Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bitdeer Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bitdeer Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Bitdeer Stock Analysis
When running Bitdeer Technologies' price analysis, check to measure Bitdeer Technologies' 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 Bitdeer Technologies is operating at the current time. Most of Bitdeer Technologies' value examination focuses on studying past and present price action to predict the probability of Bitdeer Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitdeer Technologies' price. Additionally, you may evaluate how the addition of Bitdeer Technologies to your portfolios can decrease your overall portfolio volatility.