Bluesky Digital Assets Valuation

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

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

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

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BTCW.F?

Key metric: As BTCW.F is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for BTCW.F. This is calculated by dividing BTCW.F's market cap by their current book value.
What is BTCW.F's PB Ratio?
PB Ratio	-19.1x
Book	-CA$1.06m
Market Cap	CA$20.27m

BTCW.F 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/Revenue	n/a
Enterprise Value/EBITDA	-12.4x
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does BTCW.F's PB Ratio compare to its peers?

The above table shows the PB ratio for BTCW.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	58.5x
NXTT Next Technology Holding	0.2x	n/a	US$14.4m
VHC VirnetX Holding	0.5x	n/a	US$20.2m
TZUP Thumzup Media	232.5x	n/a	US$43.7m
BTCM BIT Mining	0.7x	n/a	US$32.4m
BTCW.F Bluesky Digital Assets	n/a	n/a	US$20.3m

Price-To-Book vs Peers: BTCW.F has negative equity and a Price-To-Book Ratio (-19.1x) compared to the peer average (58.5x).

Price to Book Ratio vs Industry

How does BTCW.F's PB Ratio compare vs other companies in the US Software Industry?

30 Companies	Price / Book	Estimated Growth	Market Cap
ETWO E2open Parent Holdings	0.7x	75.4%	US$1.04b
CMCM Cheetah Mobile	0.5x	n/a	US$154.50m
XNET Xunlei	0.4x	n/a	US$123.61m
ZENV Zenvia	0.6x	n/a	US$89.21m

30 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: BTCW.F has negative equity and a Price-To-Book Ratio (-19.1x) compared to the US Software industry average (3.8x).

Price to Book Ratio vs Fair Ratio

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

BTCW.F PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	-19.1x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate BTCW.F's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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