Bit Digital, Inc. (BTBT) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

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Bit Digital, Inc.

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Why is Bit Digital, Inc. ?

With a fall in Net Sales of -13.65%, the company declared Very Negative results in Mar 26

The company has declared negative results for the last 2 consecutive quarters
PRE-TAX PROFIT(Q) At USD -159.11 MM has Fallen at -558.31%
NET PROFIT(Q) At USD -155.92 MM has Fallen at -592.47%
OPERATING CASH FLOW(Y) Lowest at USD -307.42 MM

Risky -

The stock is trading risky as compared to its average historical valuations
Over the past year, while the stock has generated a return of -9.96%, its profits have risen by 7624.6%

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -9.96% returns in the last 1 year, the stock has also underperformed S&P 500 in each of the last 3 annual periods

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Bit Digital, Inc. for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Bit Digital, Inc.

-9.96%

-0.22

92.31%

S&P 500

25.41%

1.92

13.25%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

52.13%

EBIT Growth (5y)

-238.96%

EBIT to Interest (avg)

-12.97

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.32

Sales to Capital Employed (avg)

0.26

Tax Ratio

4.91%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

65.14%

ROCE (avg)

10.18%

ROE (avg)

7.75%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.47

EV to EBIT

3.37

EV to EBITDA

10.29

EV to Capital Employed

-0.67

EV to Sales

-1.81

PEG Ratio

Dividend Yield

ROCE (Latest)

Negative Capital Employed

ROE (Latest)

14.86%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bullish

No Trend

OBV

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

4What is working for the Company

RAW MATERIAL COST(Y)

Fallen by -2.6% (YoY

CASH AND EQV(HY)

Highest at USD 916.8 MM

-27What is not working for the Company

PRE-TAX PROFIT(Q)

At USD -159.11 MM has Fallen at -558.31%

NET PROFIT(Q)

At USD -155.92 MM has Fallen at -592.47%

OPERATING CASH FLOW(Y)

Lowest at USD -307.42 MM

ROCE(HY)

Lowest at -38.18%

DEBT-EQUITY RATIO (HY)

Highest at -3.19 %

DEBTORS TURNOVER RATIO(HY)

Lowest at 1.88 times

INTEREST(Q)

Highest at USD 5.08 MM

Here's what is working for Bit Digital, Inc.

Cash and Eqv

Highest at USD 916.8 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Raw Material Cost

Fallen by -2.6% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Here's what is not working for Bit Digital, Inc.

Pre-Tax Profit

At USD -159.11 MM has Fallen at -558.31%

over average net sales of the previous four periods of USD -24.17 MM

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (USD MM)

Net Profit

At USD -155.92 MM has Fallen at -592.47%

over average net sales of the previous four periods of USD -22.52 MM

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (USD MM)

Interest

At USD 5.08 MM has Grown at 64.38%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (USD MM)

Operating Cash Flow

Lowest at USD -307.42 MM

in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (USD MM)

Interest

Highest at USD 5.08 MM

in the last five periods and Increased by 64.38% (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (USD MM)

Debt-Equity Ratio

Highest at -3.19 %

in the last five Semi-Annual periods

MOJO Watch

The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Debtors Turnover Ratio

Lowest at 1.88 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio