0XP0 Stock Overview
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide.
Argo Blockchain Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£5.70|
|52 Week High||UK£17.20|
|52 Week Low||UK£5.45|
|1 Month Change||-29.19%|
|3 Month Change||-35.59%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-58.99%|
Recent News & Updates
|0XP0||DE Software||DE Market|
Return vs Industry: Insufficient data to determine how 0XP0 performed against the German Software industry.
Return vs Market: Insufficient data to determine how 0XP0 performed against the German Market.
|0XP0 Average Weekly Movement||12.0%|
|Software Industry Average Movement||7.6%|
|Market Average Movement||6.4%|
|10% most volatile stocks in DE Market||10.8%|
|10% least volatile stocks in DE Market||3.5%|
Stable Share Price: 0XP0 is more volatile than 90% of German stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: 0XP0's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017.
Argo Blockchain Fundamentals Summary
|0XP0 fundamental statistics|
Is 0XP0 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|0XP0 income statement (TTM)|
|Cost of Revenue||UK£12.00m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
May 17, 2022
|Earnings per share (EPS)||0.066|
|Net Profit Margin||41.46%|
How did 0XP0 perform over the long term?See historical performance and comparison
Is Argo Blockchain undervalued compared to its fair value and its price relative to the market?
Valuation Score 6/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 0XP0 (€5.7) is trading below our estimate of fair value (€44.87)
Significantly Below Fair Value: 0XP0 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 0XP0 is good value based on its PE Ratio (7.6x) compared to the German Software industry average (29.9x).
PE vs Market: 0XP0 is good value based on its PE Ratio (7.6x) compared to the German market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: 0XP0 is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: 0XP0 is good value based on its PB Ratio (1.2x) compared to the DE Software industry average (2.9x).
How is Argo Blockchain forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0XP0's forecast earnings growth (41.2% per year) is above the savings rate (-0.05%).
Earnings vs Market: 0XP0's earnings (41.2% per year) are forecast to grow faster than the German market (7.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 0XP0's revenue (40.7% per year) is forecast to grow faster than the German market (4.9% per year).
High Growth Revenue: 0XP0's revenue (40.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0XP0's Return on Equity is forecast to be low in 3 years time (11.8%).
How has Argo Blockchain performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Last years earnings growth
Earnings and Revenue History
Quality Earnings: 0XP0 has a high level of non-cash earnings.
Growing Profit Margin: 0XP0's current net profit margins (41.5%) are higher than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 0XP0's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare 0XP0's past year earnings growth to its 5-year average.
Earnings vs Industry: 0XP0 earnings growth over the past year (2033.5%) exceeded the Software industry 9.2%.
Return on Equity
High ROE: 0XP0's Return on Equity (15.2%) is considered low.
How is Argo Blockchain's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 0XP0's short term assets (£155.9M) exceed its short term liabilities (£54.7M).
Long Term Liabilities: 0XP0's short term assets (£155.9M) exceed its long term liabilities (£31.2M).
Debt to Equity History and Analysis
Debt Level: 0XP0's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 0XP0's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 0XP0's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0XP0's interest payments on its debt are well covered by EBIT (20.1x coverage).
What is Argo Blockchain current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 0XP0's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 0XP0's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 0XP0's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 0XP0's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 0XP0 has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Wall (45 yo)
Mr. Peter G. Wall serves as Member of Blockchain Advisory Board at Nft Investments Plc since August 2021. He serves as Chief Executive Officer and Director at Argo Blockchain plc since January 01, 2020 and...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD5.06M) is above average for companies of similar size in the German market ($USD630.89K).
Compensation vs Earnings: Peter's compensation has increased by more than 20% in the past year.
Experienced Management: 0XP0's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Experienced Board: 0XP0's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.6%.
Argo Blockchain plc's employee growth, exchange listings and data sources
- Name: Argo Blockchain plc
- Ticker: 0XP0
- Exchange: DB
- Founded: 2017
- Industry: Application Software
- Sector: Software
- Implied Market Cap: UK£234.041m
- Listing Market Cap: UK£277.059m
- Shares outstanding: 468.08m
- Website: https://www.argoblockchain.com
Number of Employees
- Argo Blockchain plc
- 16 Great Queen Street
- 9th Floor
- Greater London
- WC2B 5DG
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/17 00:00|
|End of Day Share Price||2022/05/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.