BITF Valuation

Bitfarms Ltd

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1.280

+0.05(4.065%)1D

Overview
Forecast
Valuation
Earnings

BITF Relative Valuation

BITF's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, BITF is overvalued; if below, it's undervalued.

Historical Valuation

Bitfarms Ltd (BITF) is now in the Fair zone, suggesting that its current forward PS ratio of 1.97 is considered Fairly compared with the five-year average of -9.73. The fair price of Bitfarms Ltd (BITF) is between 0.80 to 2.25 according to relative valuation methord.

Relative Value

Fair Zone

0.80-2.25

Current Price：1.23

Fair

0.00

Trailing

Forward

5.52

EV/EBITDA

Bitfarms Ltd. (BITF) has a current EV/EBITDA of 5.52. The 5-year average EV/EBITDA is 2.99. The thresholds are as follows: Strongly Undervalued below -3.82, Undervalued between -3.82 and -0.41, Fairly Valued between 6.39 and -0.41, Overvalued between 6.39 and 9.79, and Strongly Overvalued above 9.79. The current Forward EV/EBITDA of 5.52 falls within the Historic Trend Line -Fairly Valued range.

-200.97

EV/EBIT

Bitfarms Ltd. (BITF) has a current EV/EBIT of -200.97. The 5-year average EV/EBIT is -14.48. The thresholds are as follows: Strongly Undervalued below -182.20, Undervalued between -182.20 and -98.34, Fairly Valued between 69.38 and -98.34, Overvalued between 69.38 and 153.24, and Strongly Overvalued above 153.24. The current Forward EV/EBIT of -200.97 falls within the Strongly Undervalued range.

1.97

Bitfarms Ltd. (BITF) has a current PS of 1.97. The 5-year average PS is 2.61. The thresholds are as follows: Strongly Undervalued below -0.31, Undervalued between -0.31 and 1.15, Fairly Valued between 4.06 and 1.15, Overvalued between 4.06 and 5.52, and Strongly Overvalued above 5.52. The current Forward PS of 1.97 falls within the Historic Trend Line -Fairly Valued range.

-18.79

P/OCF

Bitfarms Ltd. (BITF) has a current P/OCF of -18.79. The 5-year average P/OCF is 2.93. The thresholds are as follows: Strongly Undervalued below -5.07, Undervalued between -5.07 and -1.07, Fairly Valued between 6.92 and -1.07, Overvalued between 6.92 and 10.92, and Strongly Overvalued above 10.92. The current Forward P/OCF of -18.79 falls within the Strongly Undervalued range.

-10.70

P/FCF

Bitfarms Ltd. (BITF) has a current P/FCF of -10.70. The 5-year average P/FCF is -50.95. The thresholds are as follows: Strongly Undervalued below -421.78, Undervalued between -421.78 and -236.37, Fairly Valued between 134.47 and -236.37, Overvalued between 134.47 and 319.88, and Strongly Overvalued above 319.88. The current Forward P/FCF of -10.70 falls within the Historic Trend Line -Fairly Valued range.

Bitfarms Ltd (BITF) has a current Price-to-Book (P/B) ratio of 1.02. Compared to its 3-year average P/B ratio of 1.43 , the current P/B ratio is approximately -28.44% higher. Relative to its 5-year average P/B ratio of 2.93, the current P/B ratio is about -65.04% higher. Bitfarms Ltd (BITF) has a Forward Free Cash Flow (FCF) yield of approximately -63.36%. Compared to its 3-year average FCF yield of -49.20%, the current FCF yield is approximately 28.78% lower. Relative to its 5-year average FCF yield of -39.31% , the current FCF yield is about 61.17% lower.

1.02

P/B

Median3y

1.43

Median5y

2.93

-63.65

FCF Yield

Median3y

-49.20

Median5y

-39.31

Competitors Valuation Multiple

The average P/S ratio for BITF's competitors is 1.47, providing a benchmark for relative valuation. Bitfarms Ltd Corp (BITF) exhibits a P/S ratio of 1.97, which is 33.56% above the industry average. Given its robust revenue growth of 32.85%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Fiverr International Ltd

Performance Decomposition

Market capitalization of BITF decreased by 50.58% over the past 1 year. The primary factor behind the change was an decrease in Margin Expansion from -11.88 to -53.67.

The secondary factor is the Revenue Growth, contributed 32.85%to the performance.

Overall, the performance of BITF in the past 1 year is driven by Margin Expansion. Which is more sustainable.

32.85%

50.32M → 66.85M

Revenue Growth

351.77%

-11.88 → -53.67

Margin Expansion

-435.20%

1.99 → -6.67

P/E Change

-50.58%