Bit Digital Valuation
| BTBT Stock | USD 1.98 0.05 2.59% |
Based on Macroaxis valuation methodology, the firm appears to be undervalued. Bit Digital shows a prevailing Real Value of $2.47 per share. The current price of the firm is $1.98. Our model approximates the value of Bit Digital from analyzing the firm fundamentals such as Profit Margin of (0.31) %, return on equity of -0.11, and Current Valuation of 192.6 M as well as examining its technical indicators and probability of bankruptcy. In general, most investors favor acquiring undervalued instruments and selling overvalued instruments since, at some point, asset prices and their ongoing real values will blend. Key fundamental drivers impacting Bit Digital's valuation include:
Price Book 1.6939 | Enterprise Value 192.6 M | Enterprise Value Ebitda (19.11) | Price Sales 5.4175 | Forward PE 13.7363 |
Undervalued
Today
Please note that Bit Digital's price fluctuation is dangerous 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.
Our valuation method for Bit Digital is useful when determining the fair value of the Bit stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Bit Digital. Since Bit Digital is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Bit Stock. However, Bit Digital's intrinsic value may or may not be the same as its current market price, 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 1.98 | Real 2.47 | Target 4.13 | Hype 1.92 |
The real value of Bit Stock, also known as its intrinsic value, is the underlying worth of Bit Digital Company, which is reflected in its stock price. It is based on Bit Digital's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. 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. When choosing an evaluation method for Bit Digital, ensure it is appropriate for the firm given its current financial situation and market classification. If more than one evaluation category is relevant, we suggest using both methods to arrive at a better estimate.
Bit Digital Investments |
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Bit Valuation Trend
Knowing Bit Digital's actual value is paramount for traders to make sound investment determinations. Bit Digital's real value is not only important for the investor to make better decisions but also for a more accurate overall view of Bit Digital's financial worth over time since having this information enables investors and analysts to forecast the earnings more efficiently. Using both Bit Digital's enterprise value as well as its market capitalization is the best way to gauging the value of the company and is usually enough for investors to make market timing descisions.
Bit Market Cap
Bit Digital is number one stock in market capitalization category among related companies. Market capitalization of Information Technology industry is currently estimated at about 2.74 Billion. Bit Digital holds roughly 213.8 Million in market capitalization claiming about 8% of equities under Information Technology industry.Bit Digital Valuation Ratios as Compared to Competition
Comparative valuation techniques use various fundamental indicators to help in determining Bit Digital's current stock value. Our valuation model uses many indicators to compare Bit Digital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bit Digital competition to find correlations between indicators driving Bit Digital's intrinsic value. More Info.Bit Digital is number one stock in price to earning category among related companies. It is number one stock in price to book category among related companies fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Bit Digital is roughly 7.26 . Price To Book Ratio is likely to drop to 2.07 in 2024. Comparative valuation analysis is a catch-all model that can be used if you cannot value Bit Digital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bit Digital's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bit Digital's earnings, one of the primary drivers of an investment's value.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Bit Digital's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Bit Digital and how it compares across the competition.
About Bit Digital Valuation
The stock valuation mechanism determines the current worth of Bit Digital on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Bit Digital. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Bit Digital based exclusively on its fundamental and basic technical indicators. By analyzing Bit Digital's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Bit Digital's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. 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, relevant financial multiples and ratios, and then comparing them to Bit Digital's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 932.8 K | 886.2 K | |
| Pretax Profit Margin | (0.30) | (0.32) | |
| Operating Profit Margin | (0.60) | (0.57) | |
| Net Loss | (0.31) | (0.32) | |
| Gross Profit Margin | 0.02 | 0.02 |
8 Steps to conduct Bit Digital's Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates Bit Digital's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Bit Digital's valuation analysis, follow these 8 steps:- Gather financial information: Obtain Bit Digital's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Bit Digital's revenue streams: Identify Bit Digital's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Bit Digital's industry and market trends, including the size of the market, growth rate, and competition.
- Establish Bit Digital's growth potential: Evaluate Bit Digital's management, business model, and growth potential.
- Determine Bit Digital's financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Bit Digital's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Bit Digital Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, 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 | 87.5 M | |
| Forward Price Earnings | 13.7363 |
Bit Digital Current Valuation Indicators
Valuation refers to the process of determining the present value of Bit Digital and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Bit we look at many different elements of the entity such as Bit's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation. Bit Digital's valuation analysis is also 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.When determining whether Bit Digital is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Bit Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bit Digital Stock. Highlighted below are key reports to facilitate an investment decision about Bit Digital Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bit Digital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Bit Stock please use our How to Invest in Bit Digital guide.Note that the Bit Digital information on this page should be used as a complementary analysis to other Bit Digital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary 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.
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Is Bit Digital's industry 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 Digital. 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 Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.16) | Revenue Per Share 0.513 | Quarterly Revenue Growth 1.064 | Return On Assets (0.12) | Return On Equity (0.11) |
The market value of Bit Digital 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 Digital's value that differs from its market value or its book value, called intrinsic value, which is Bit Digital'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 Digital's market value can be influenced by many factors that don't directly affect Bit Digital'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 Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bit Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bit Digital'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.