Bit Digital Inc
NASDAQ:BTBT

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Bit Digital Inc
NASDAQ:BTBT
Watchlist
Price: 1.76 USD Market Closed
Market Cap: 321.7m USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one BTBT stock under the Base Case scenario is 1.38 USD. Compared to the current market price of 1.76 USD, Bit Digital Inc is Overvalued by 22%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BTBT Relative Value
Base Case
1.38 USD
Overvaluation 22%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.9
P/S
P/S
Price to Sales
2.9
vs History
80
vs Industry
35
Median 3Y
4.9
Median 5Y
5.1
Industry
2.2
Forward
2
More Details
11.1
P/E
P/E
Price to Earnings
11.1
vs History
22
vs Industry
42
Median 3Y
-1.9
Median 5Y
-2.4
Industry
21
Forward
27.1
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
2
Median 3Y
-12.3
Median 5Y
-15.5
Industry
15.9
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-4.4
Median 5Y
-5.5
Industry
20
More Details
0.7
P/B
P/B
Price to Book Value
0.7
vs History
87
vs Industry
77
Median 3Y
1.5
Median 5Y
1.7
Industry
2.7
More Details
0.5
EV/S
EV/S
Enterprise Value to Sales
0.5
vs History
93
vs Industry
61
Median 3Y
2.4
Median 5Y
3.2
Industry
2.2
Forward
0.3
More Details
1.2
EV/GP
EV/GP
Enterprise Value to Gross Profit
1.2
vs History
82
vs Industry
60
Median 3Y
6.2
Median 5Y
6.6
Industry
4.4
More Details
13.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
13.1
vs History
34
vs Industry
16
Median 3Y
-4.6
Median 5Y
-1
Industry
11.8
Forward
0.9
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
4
Median 3Y
-4.4
Median 5Y
-2.5
Industry
15.2
Forward
26.6
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
3
Median 3Y
-5.9
Median 5Y
-8.4
Industry
14.5
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-2.8
Median 5Y
-3.5
Industry
17.1
More Details
0.2
EV/IC
EV/IC
Enterprise Value to IC
0.2
vs History
92
vs Industry
82
Median 3Y
1.9
Median 5Y
2.2
Industry
2.2
More Details

Multiples Across Competitors

BTBT Competitors Multiples
Bit Digital Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Bit Digital Inc
NASDAQ:BTBT
315.3m USD 2.9 11.1 13.1 -1.9
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
271B EUR 7.9 86.8 28.3 32.7
US
Salesforce Inc
NYSE:CRM
239.1B USD 6.3 38.6 21 30.5
US
Palantir Technologies Inc
NYSE:PLTR
211.2B USD 73.7 456.9 602.3 663.5
US
Intuit Inc
NASDAQ:INTU
164.5B USD 9.6 54.2 34.5 41.4
US
Adobe Inc
NASDAQ:ADBE
151.5B USD 6.9 22.4 16.7 18.5
US
NCR Corp
LSE:0K45
105.4B USD 37.3 111.8 313.1 2 581.1
US
Applovin Corp
NASDAQ:APP
78.1B USD 16.6 49.6 34.8 43.2
US
Microstrategy Inc
NASDAQ:MSTR
76.6B USD 165.3 -65.7 -1 848.5 -1 327
US
Cadence Design Systems Inc
NASDAQ:CDNS
71B USD 15.3 67.3 44.6 50.9
P/S Multiple
Revenue Growth P/S to Growth
US
Bit Digital Inc
NASDAQ:BTBT
Average P/S: 21 295.7
2.9
N/A N/A
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
7.9
13%
0.6
US
Salesforce Inc
NYSE:CRM
6.3
9%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
73.7
32%
2.3
US
Intuit Inc
NASDAQ:INTU
9.6
13%
0.7
US
Adobe Inc
NASDAQ:ADBE
6.9
10%
0.7
US
N
NCR Corp
LSE:0K45
37.3
-8%
N/A
US
Applovin Corp
NASDAQ:APP
16.6
21%
0.8
US
Microstrategy Inc
NASDAQ:MSTR
165.3
3%
55.1
US
Cadence Design Systems Inc
NASDAQ:CDNS
15.3
13%
1.2
P/E Multiple
Earnings Growth PEG
US
Bit Digital Inc
NASDAQ:BTBT
Average P/E: 99.9
11.1
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
86.8
50%
1.7
US
Salesforce Inc
NYSE:CRM
38.6
31%
1.2
US
Palantir Technologies Inc
NYSE:PLTR
456.9
71%
6.4
US
Intuit Inc
NASDAQ:INTU
54.2
35%
1.5
US
Adobe Inc
NASDAQ:ADBE
22.4
26%
0.9
US
N
NCR Corp
LSE:0K45
111.8
-49%
N/A
US
Applovin Corp
NASDAQ:APP
49.6
38%
1.3
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -65.7 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
67.3
32%
2.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Bit Digital Inc
NASDAQ:BTBT
Average EV/EBITDA: 123.1
13.1
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
28.3
19%
1.5
US
Salesforce Inc
NYSE:CRM
21
21%
1
US
Palantir Technologies Inc
NYSE:PLTR
602.3
105%
5.7
US
Intuit Inc
NASDAQ:INTU
34.5
29%
1.2
US
Adobe Inc
NASDAQ:ADBE
16.7
17%
1
US
N
NCR Corp
LSE:0K45
313.1
11%
28.5
US
Applovin Corp
NASDAQ:APP
34.8
38%
0.9
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 848.5 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
44.6
25%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Bit Digital Inc
NASDAQ:BTBT
Average EV/EBIT: 432.7
Negative Multiple: -1.9 		N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
32.7
21%
1.6
US
Salesforce Inc
NYSE:CRM
30.5
33%
0.9
US
Palantir Technologies Inc
NYSE:PLTR
663.5
108%
6.1
US
Intuit Inc
NASDAQ:INTU
41.4
35%
1.2
US
Adobe Inc
NASDAQ:ADBE
18.5
20%
0.9
US
N
NCR Corp
LSE:0K45
2 581.1
84%
30.7
US
Applovin Corp
NASDAQ:APP
43.2
40%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 327 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
50.9
27%
1.9

See Also

Summary
BTBT intrinsic value, competitors valuation, and company profile.
DCF Valuation
BTBT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
BTBT stock valuation using valuation multiples.
Wall Street Estimates
BTBT price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
BTBT stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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