Bit Digital (BTBT) Fundamental Analysis: Revenue, Earnings & Valuation

7.09 / 10

Outperform

BTBT's fundamental analysis shows adequate quality (7.1/10). Key positives include strong revenue-MV (-1.0124, group 2), net income-Revenue (3.2692, group 1), and asset-MV (-0.5007, group 3) scores, contributing to an Outperform rating. However, inventory turnover (232.28 days, group 1) and days sales outstanding (38.25, group 1) raise working-capital concerns, while negative return on assets metrics (-12.40% and -16.54%) signal underutilized assets. These factors collectively suggest room for operational improvement despite solid profitability and growth prospects.

Analysis Checks(7/10)

Revenue-MV

Value-1.01

Score2/3

Weight8.29%

1M Return7.23%

Days sales outstanding

Value38.25

Score1/3

Weight0.27%

1M Return0.24%

Profit-MV

Value2.06

Score2/3

Weight6.20%

1M Return6.09%

Net income-Revenue

Value3.27

Score3/3

Weight5.96%

1M Return5.64%

PB-ROE

Value-0.56

Score3/3

Weight14.52%

1M Return13.67%

Rate of return on total assets (%)

Value-12.40

Score1/3

Weight1.09%

1M Return0.99%

Annualized return on total assets (%)

Value-16.54

Score1/3

Weight1.09%

1M Return0.99%

Asset-MV

Value-0.50

Score3/3

Weight52.64%

1M Return27.51%

Inventory turnover days

Value232.28

Score3/3

Weight1.69%

1M Return1.44%

Cash-MV

Value-0.07

Score3/3

Weight8.25%

1M Return6.31%

Is BTBT fundamentally strong?

BTBT scores 7.09/10 on fundamentals and holds a Discounted valuation at present. Backed by its 14.32% ROE, 124.16% net margin, 4.25 P/E ratio, 0.56 P/B ratio, and 2333.33% earnings growth, these metrics solidify its Outperform investment rating.