GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bitfarms Ltd (NAS:BITF) » Definitions » EV-to-Revenue

Bitfarms (Bitfarms) EV-to-Revenue : 3.91 (As of Apr. 28, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Bitfarms EV-to-Revenue?

EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, Bitfarms's enterprise value is $571.8 Mil. Bitfarms's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $146.4 Mil. Therefore, Bitfarms's EV-to-Revenue for today is 3.91.

The historical rank and industry rank for Bitfarms's EV-to-Revenue or its related term are showing as below:

BITF' s EV-to-Revenue Range Over the Past 10 Years
Min: 0.83   Med: 2.22   Max: 15.27
Current: 3.91

During the past 7 years, the highest EV-to-Revenue of Bitfarms was 15.27. The lowest was 0.83. And the median was 2.22.

BITF's EV-to-Revenue is ranked better than
50.07% of 767 companies
in the Capital Markets industry
Industry Median: 3.91 vs BITF: 3.91

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today (2024-04-28), Bitfarms's stock price is $1.96. Bitfarms's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.56. Therefore, Bitfarms's PS Ratio for today is 3.53.


Bitfarms EV-to-Revenue Historical Data

The historical data trend for Bitfarms's EV-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bitfarms EV-to-Revenue Chart

Bitfarms Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-Revenue
Get a 7-Day Free Trial 1.60 5.65 5.10 0.86 5.90

Bitfarms Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 1.75 2.73 2.07 5.90

Competitive Comparison of Bitfarms's EV-to-Revenue

For the Capital Markets subindustry, Bitfarms's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bitfarms's EV-to-Revenue Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bitfarms's EV-to-Revenue distribution charts can be found below:

* The bar in red indicates where Bitfarms's EV-to-Revenue falls into.



Bitfarms EV-to-Revenue Calculation

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

Bitfarms's EV-to-Revenue for today is calculated as:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=571.787/146.366
=3.91

Bitfarms's current Enterprise Value is $571.8 Mil.
Bitfarms's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $146.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bitfarms  (NAS:BITF) EV-to-Revenue Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

Bitfarms's PS Ratiofor today is calculated as:

PS Ratio=Share Price (Today)/Revenue per Share (TTM)
=1.96/0.555
=3.53

Bitfarms's share price for today is $1.96.
Bitfarms's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.56.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bitfarms EV-to-Revenue Related Terms

Thank you for viewing the detailed overview of Bitfarms's EV-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Bitfarms (Bitfarms) Business Description

Traded in Other Exchanges
Address
18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4
Bitfarms Ltd is a publicly traded Bitcoin company. It develops, owns, and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The company's proprietary data analytics system delivers best-in-class operational performance and uptime. The group has around 10 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina. It is Powered by predominantly environmentally friendly hydroelectric and long-term power contracts, Bitfarms is committed to using sustainable, locally based, and often underutilized energy infrastructure.