Bit Digital Valuation

Is BTBT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • PM vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BTBT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate BTBT's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BTBT's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for BTBT?

Other financial metrics that can be useful for relative valuation.

BTBT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue7.5x
Enterprise Value/EBITDA-22x
PEG Ration/a

Price to Sales Ratio vs Peers

How does BTBT's PS Ratio compare to its peers?

The above table shows the PS ratio for BTBT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.9x
TRAK ReposiTrak
14.6xn/aUS$277.1m
ONTF ON24
1.9x-6.1%US$297.1m
API Agora
2.2x9.7%US$333.8m
KLTR Kaltura
1.1x2.2%US$206.3m
BTBT Bit Digital
6.9x59.3%US$281.3m

Price-To-Sales vs Peers: BTBT is expensive based on its Price-To-Sales Ratio (6.9x) compared to the peer average (4.6x).


Price to Earnings Ratio vs Industry

How does BTBT's PE Ratio compare vs other companies in the US Software Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a16.3%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a16.3%
n/an/an/a
No more companies

Price-To-Sales vs Industry: BTBT is expensive based on its Price-To-Sales Ratio (6.9x) compared to the US Software industry average (4.3x).


Price to Sales Ratio vs Fair Ratio

What is BTBT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BTBT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio7.7x
Fair PS Ratio5.5x

PM vs Fair Ratio: BTBT is expensive based on its Price-To-Sales Ratio (6.9x) compared to the estimated Fair Price-To-Sales Ratio (5.5x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BTBT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$2.79
US$5.17
+85.2%
12.1%US$6.00US$4.50n/a3
Feb ’25US$2.69
US$4.75
+76.6%
5.3%US$5.00US$4.50n/a2
Jan ’25US$4.23
US$4.75
+12.3%
5.3%US$5.00US$4.50n/a2
Dec ’24US$2.85
US$4.25
+49.1%
5.9%US$4.50US$4.00n/a2
Nov ’24US$2.06
US$4.25
+106.3%
5.9%US$4.50US$4.00n/a2
Oct ’24US$2.14
US$4.25
+98.6%
5.9%US$4.50US$4.00n/a2
Sep ’24US$2.30
US$4.25
+84.8%
5.9%US$4.50US$4.00n/a2
Aug ’24US$4.39
US$4.25
-3.2%
5.9%US$4.50US$4.00n/a2
Jul ’24US$4.06
US$4.25
+4.7%
5.9%US$4.50US$4.00n/a2

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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