Bit Origin Stock Fundamentals
| BTOG Stock | USD 0.31 0.04 14.81% |
Bit Origin fundamentals help investors to digest information that contributes to Bit Origin's financial success or failures. It also enables traders to predict the movement of Bit Stock. The fundamental analysis module provides a way to measure Bit Origin's 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 Bit Origin stock.
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Bit Origin Company Current Valuation Analysis
Bit Origin's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Bit Origin Current Valuation | 6.91 M |
Most of Bit Origin's fundamental indicators, such as Current Valuation, 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, Bit Origin is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, Bit Origin has a Current Valuation of 6.91 M. This is 99.96% lower than that of the Food Products sector and 99.93% lower than that of the Consumer Staples industry. The current valuation for all United States stocks is 99.96% higher than that of the company.
Bit Origin Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bit Origin's current stock value. Our valuation model uses many indicators to compare Bit Origin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bit Origin competition to find correlations between indicators driving Bit Origin's intrinsic value. More Info.Bit Origin is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Bit Origin 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.Bit Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bit Origin's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bit Origin could also be used in its relative valuation, which is a method of valuing Bit Origin by comparing valuation metrics of similar companies.Bit Origin is currently under evaluation in current valuation category among its peers.
Bit Fundamentals
| Return On Equity | -3.27 | ||||
| Return On Asset | -0.37 | ||||
| Operating Margin | (2.07) % | ||||
| Current Valuation | 6.91 M | ||||
| Shares Outstanding | 8.54 M | ||||
| Shares Owned By Insiders | 16.46 % | ||||
| Shares Owned By Institutions | 1.87 % | ||||
| Number Of Shares Shorted | 49.6 K | ||||
| Price To Book | 1.90 X | ||||
| Price To Sales | 0.81 X | ||||
| Revenue | 2.89 M | ||||
| Gross Profit | (945.2 K) | ||||
| EBITDA | (16.89 M) | ||||
| Net Income | (18.28 M) | ||||
| Cash And Equivalents | 17.8 K | ||||
| Total Debt | 5.16 M | ||||
| Current Ratio | 19.18 X | ||||
| Book Value Per Share | 0.21 X | ||||
| Cash Flow From Operations | (7.93 M) | ||||
| Short Ratio | 0.21 X | ||||
| Earnings Per Share | (3.34) X | ||||
| Beta | 1.25 | ||||
| Market Capitalization | 2.33 M | ||||
| Total Asset | 6.68 M | ||||
| Retained Earnings | (81.73 M) | ||||
| Working Capital | 4.19 M | ||||
| Net Asset | 6.68 M |
About Bit Origin Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bit Origin's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bit Origin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bit Origin 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.Bit Origin Ltd, through its subsidiaries, engages in the cryptocurrency mining business in the United States. Bit Origin Ltd was incorporated in 2018 and is based in New York, New York. Bit Origin operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. It employs 11 people.
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When determining whether Bit Origin is a strong investment it is important to analyze Bit Origin's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bit Origin's future performance. For an informed investment choice regarding Bit Stock, refer to the following important reports:Check out Bit Origin Piotroski F Score and Bit Origin Altman Z Score analysis. For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bit Origin. If investors know Bit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bit Origin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bit Origin is measured differently than its book value, which is the value of Bit that is recorded on the company's balance sheet. Investors also form their own opinion of Bit Origin's value that differs from its market value or its book value, called intrinsic value, which is Bit Origin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bit Origin's market value can be influenced by many factors that don't directly affect Bit Origin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bit Origin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bit Origin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bit Origin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.