Company Valuation: Bitfarms Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 172.1 972.9 90.32 939.1 699.5 593 -
Change - 465.38% -90.72% 939.8% -25.51% -15.23% -
Enterprise Value (EV) 1 172.1 972.9 90.32 939.1 663.4 414.9 266
Change - 465.38% -90.72% 939.8% -29.36% -37.46% -35.89%
P/E ratio - - -0.36x -7.29x -11.4x -13.7x -35.6x
PBR - - - - 1.01x - -
PEG - - - 0.1x 0.2x 0.3x 0.6x
Capitalization / Revenue 4.96x 5.74x 0.63x 6.42x 3.63x 1.8x 1.61x
EV / Revenue 4.96x 5.74x 0.63x 6.42x 3.44x 1.26x 0.72x
EV / EBITDA - - - 26.8x 12.1x 3.59x 1.84x
EV / EBIT -32.5x 14.4x -0.32x -13x -6.17x -9.44x -4.97x
EV / FCF - - - - -1.55x -5.58x -7.87x
FCF Yield - - - - -64.4% -17.9% -12.7%
Dividend per Share 2 - - - - - - -
Rate of return - - - - - - -
EPS 2 - - -1.15 -0.4 -0.13 -0.078 -0.03
Distribution rate - - - - - - -
Net sales 1 34.7 169.5 142.4 146.4 192.9 328.6 368.7
EBITDA 1 - - - 35.08 54.66 115.4 144.2
EBIT 1 -5.289 67.59 -284 -72.13 -107.6 -43.93 -53.49
Net income 1 - - -239 -104 -54.06 -52.22 -59.19
Net Debt 1 - - - - -36.13 -178.1 -327
Reference price 2 1.962 5.042 0.414 2.915 1.480 1.067 1.067
Nbr of stocks (in thousands) 87,701 192,969 218,275 322,129 472,551 555,962 -
Announcement Date 25/03/21 28/03/22 21/03/23 07/03/24 27/03/25 - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-13.67x1.26x3.59x - 593M
-7.79x8.38x-30.16x-.--% 6.74B
-9.02x6.88x-133.63x-.--% 4.44B
14.68x5.27x9.07x-.--% 3.55B
8.11x - - - 2.6B
-13.66x17.64x-88.95x - 2.52B
-8.81x12.75x48.87x - 2.23B
-19.71x7.13x15.55x-.--% 2.18B
-14.11x11.65x60.54x - 1.88B
Average -7.11x 8.87x -14.39x 0% 2.97B
Weighted average by Cap. -5.64x 8.98x -30.21x 0%
See all sector valuations

Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. BITF Stock
  4. Valuation Bitfarms Ltd.