Bit Digital Valuation
| BTBT Stock | USD 2.26 0.15 6.22% |
Based on Macroaxis valuation methodology, the firm appears to be undervalued. Bit Digital shows a prevailing Real Value of $3.26 per share. The current price of the firm is $2.26. Our model approximates the value of Bit Digital from analyzing the firm fundamentals such as Current Valuation of 364.37 M, return on equity of 0.0919, and Profit Margin of 0.26 % as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Bit Digital's valuation include:
Price Book 0.9675 | Enterprise Value | Enterprise Value Ebitda 6.0855 | Price Sales 4.0899 | Forward PE 7.758 |
Undervalued
Today
Please note that Bit Digital's price fluctuation is very risky at this time. Calculation of the real value of Bit Digital is based on 3 months time horizon. Increasing Bit Digital's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Bit Digital's intrinsic value may or may not be the same as its current market price of 2.26, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 2.26 | Real 3.26 | Target 6.33 | Hype 2.22 | Naive 2.19 |
The intrinsic value of Bit Digital's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Bit Digital's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Bit Digital helps investors to forecast how Bit stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Bit Digital more accurately as focusing exclusively on Bit Digital's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Bit Digital's intrinsic value based on its ongoing forecasts of Bit Digital's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Bit Digital's closest peers.
Bit Digital Cash |
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Bit Valuation Trend
Bit Digital's real value is important for investors to make better decisions and a more accurate overall view of Bit Digital's financial worth over time. Using both Bit Digital's enterprise value as well as its market capitalization is the best way to gauge the value of the company and is usually enough for investors to make market timing conclusions.
Bit Digital Total Value Analysis
Bit Digital is currently forecasted to have valuation of 364.37 M with market capitalization of 439.67 M, debt of 13.81 M, and cash on hands of 44.3 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Bit Digital fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
364.37 M | 439.67 M | 13.81 M | 44.3 M |
Bit Digital Investor Information
About 46.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.97. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bit Digital had not issued any dividends in recent years. Bit Digital is performing exceptionally good at the present time. It has a great chance to report excellent financial results in April.Bit Digital Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Bit Digital has an asset utilization ratio of 20.07 percent. This implies that the Company is making $0.2 for each dollar of assets. An increasing asset utilization means that Bit Digital is more efficient with each dollar of assets it utilizes for everyday operations.Bit Digital Ownership Allocation
Bit Digital holds a total of 182.44 Million outstanding shares. 30% of Bit Digital outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.Bit Digital Profitability Analysis
The company reported the previous year's revenue of 108.05 M. Net Income was 28.31 M with profit before overhead, payroll, taxes, and interest of 45.12 M.About Bit Digital Valuation
The stock valuation mechanism determines Bit Digital's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Bit Digital based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bit Digital. We calculate exposure to Bit Digital's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Bit Digital's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 108.1 M | 113.5 M | |
| Pretax Profit Margin | 0.30 | 0.31 | |
| Operating Profit Margin | 0.26 | 0.27 | |
| Net Profit Margin | 0.26 | 0.28 | |
| Gross Profit Margin | 0.39 | 0.58 |
Bit Digital Growth Indicators
Investing in growth stocks can be very risky. If the company such as Bit Digital does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 141.5 M | |
| Forward Price Earnings | 7.758 |
Bit Digital Current Valuation Indicators
Bit Digital's valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Bit Digital's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Bit Digital, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Bit Digital's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Bit Digital's worth.Additional Tools for Bit Stock Analysis
When running Bit Digital's price analysis, check to measure Bit Digital's 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 Bit Digital is operating at the current time. Most of Bit Digital's value examination focuses on studying past and present price action to predict the probability of Bit Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bit Digital's price. Additionally, you may evaluate how the addition of Bit Digital to your portfolios can decrease your overall portfolio volatility.