Logo image of BTDR

BITDEER TECHNOLOGIES GROUP-A (BTDR) Stock Fundamental Analysis

NASDAQ:BTDR - Nasdaq - KYG114481008 - Common Stock - Currency: USD

16.89  -0.88 (-4.95%)

After market: 16.87 -0.02 (-0.12%)

Fundamental Rating

4

Overall BTDR gets a fundamental rating of 4 out of 10. We evaluated BTDR against 284 industry peers in the Software industry. BTDR scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. BTDR is valued quite expensive, but it does show an excellent growth.


Dividend Valuation Growth Profitability Health

Quickly go to:

1

1. Profitability

1.1 Basic Checks

BTDR had negative earnings in the past year.
In the past 5 years BTDR reported 4 times negative net income.
In the past 5 years BTDR always reported negative operating cash flow.
BTDR Yearly Net Income VS EBIT VS OCF VS FCFBTDR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 0 100M -100M -200M -300M

1.2 Ratios

The Return On Assets of BTDR (-6.91%) is comparable to the rest of the industry.
With a Return On Equity value of -13.88%, BTDR perfoms like the industry average, outperforming 46.57% of the companies in the same industry.
Industry RankSector Rank
ROA -6.91%
ROE -13.88%
ROIC N/A
ROA(3y)-1.79%
ROA(5y)-3.71%
ROE(3y)-2.45%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
BTDR Yearly ROA, ROE, ROICBTDR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 0 20 -20 40 60 80

1.3 Margins

BTDR has a Gross Margin of 22.33%. This is amonst the worse of the industry: BTDR underperforms 85.20% of its industry peers.
The Profit Margin and Operating Margin are not available for BTDR so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 22.33%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
BTDR Yearly Profit, Operating, Gross MarginsBTDR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 0 20 -20 40 60

More info and screens

5

2. Health

2.1 Basic Checks

BTDR does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BTDR has more shares outstanding
Compared to 1 year ago, BTDR has an improved debt to assets ratio.
BTDR Yearly Shares OutstandingBTDR Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M
BTDR Yearly Total Debt VS Total AssetsBTDR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 200M 400M 600M 800M

2.2 Solvency

An Altman-Z score of 4.01 indicates that BTDR is not in any danger for bankruptcy at the moment.
BTDR has a Altman-Z score (4.01) which is comparable to the rest of the industry.
BTDR has a Debt/Equity ratio of 0.33. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.33, BTDR is doing worse than 62.82% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.33
Debt/FCF N/A
Altman-Z 4.01
ROIC/WACCN/A
WACC10.87%
BTDR Yearly LT Debt VS Equity VS FCFBTDR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 0 200M -200M

2.3 Liquidity

BTDR has a Current Ratio of 2.61. This indicates that BTDR is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.61, BTDR is doing good in the industry, outperforming 71.12% of the companies in the same industry.
A Quick Ratio of 2.22 indicates that BTDR has no problem at all paying its short term obligations.
BTDR's Quick ratio of 2.22 is fine compared to the rest of the industry. BTDR outperforms 65.70% of its industry peers.
Industry RankSector Rank
Current Ratio 2.61
Quick Ratio 2.22
BTDR Yearly Current Assets VS Current LiabilitesBTDR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 200M 400M 600M

More info and screens

7

3. Growth

3.1 Past

The Earnings Per Share has grown by an nice 10.37% over the past year.
BTDR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.57%.
Measured over the past years, BTDR shows a very strong growth in Revenue. The Revenue has been growing by 25.51% on average per year.
EPS 1Y (TTM)10.37%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-1650%
Revenue 1Y (TTM)19.57%
Revenue growth 3Y25.51%
Revenue growth 5YN/A
Sales Q2Q%-28.95%

3.2 Future

Based on estimates for the next years, BTDR will show a very strong growth in Earnings Per Share. The EPS will grow by 100.33% on average per year.
BTDR is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 45.32% yearly.
EPS Next Y-113.96%
EPS Next 2Y67.73%
EPS Next 3Y100.33%
EPS Next 5YN/A
Revenue Next Year-4.01%
Revenue Next 2Y28.34%
Revenue Next 3Y45.32%
Revenue Next 5YN/A

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
BTDR Yearly Revenue VS EstimatesBTDR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M 800M 1B
BTDR Yearly EPS VS EstimatesBTDR Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 0 0.5 -0.5 1 1.5

More info and screens

2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for BTDR. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 67.13, which means the current valuation is very expensive for BTDR.
BTDR's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of BTDR to the average of the S&P500 Index (92.74), we can say BTDR is valued slightly cheaper.
Industry RankSector Rank
PE N/A
Fwd PE 67.13
BTDR Price Earnings VS Forward Price EarningsBTDR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 40 60 80

4.2 Price Multiples

The rest of the industry has a similar Enterprise Value to EBITDA ratio as BTDR.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 225.59
BTDR Per share dataBTDR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3

4.3 Compensation for Growth

BTDR's earnings are expected to grow with 100.33% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y67.73%
EPS Next 3Y100.33%

More info and screens

0

5. Dividend

5.1 Amount

No dividends for BTDR!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

BITDEER TECHNOLOGIES GROUP-A

NASDAQ:BTDR (2/4/2025, 8:00:02 PM)

After market: 16.87 -0.02 (-0.12%)

16.89

-0.88 (-4.95%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-18 2024-11-18/bmo
Earnings (Next)N/A N/A
Inst Owners10.29%
Inst Owner ChangeN/A
Ins Owners38.15%
Ins Owner ChangeN/A
Market Cap2.35B
Analysts82.35
Price Target23.94 (41.74%)
Short Float %42.51%
Short Ratio1.52
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1771.28%
Min EPS beat(2)-3299.42%
Max EPS beat(2)-243.14%
EPS beat(4)0
Avg EPS beat(4)-1025.5%
Min EPS beat(4)-3299.42%
Max EPS beat(4)-91.69%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-16.78%
Min Revenue beat(2)-22.88%
Max Revenue beat(2)-10.68%
Revenue beat(4)0
Avg Revenue beat(4)-8.71%
Min Revenue beat(4)-22.88%
Max Revenue beat(4)-0.31%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)10.73%
PT rev (3m)69%
EPS NQ rev (1m)-6.43%
EPS NQ rev (3m)-677.77%
EPS NY rev (1m)-0.53%
EPS NY rev (3m)-226.13%
Revenue NQ rev (1m)1.29%
Revenue NQ rev (3m)-35.99%
Revenue NY rev (1m)0.42%
Revenue NY rev (3m)-9.23%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 67.13
P/S 5.94
P/FCF N/A
P/OCF N/A
P/B 4.51
P/tB 5.94
EV/EBITDA 225.59
EPS(TTM)-0.53
EYN/A
EPS(NY)0.25
Fwd EY1.49%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS2.84
BVpS3.74
TBVpS2.84
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -6.91%
ROE -13.88%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 22.33%
FCFM N/A
ROA(3y)-1.79%
ROA(5y)-3.71%
ROE(3y)-2.45%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-ScoreN/A
Asset Turnover0.38
Health
Industry RankSector Rank
Debt/Equity 0.33
Debt/FCF N/A
Debt/EBITDA 17.12
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.61
Quick Ratio 2.22
Altman-Z 4.01
F-ScoreN/A
WACC10.87%
ROIC/WACCN/A
Cap/Depr(3y)92.89%
Cap/Depr(5y)64.12%
Cap/Sales(3y)17.36%
Cap/Sales(5y)15.14%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)10.37%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-1650%
EPS Next Y-113.96%
EPS Next 2Y67.73%
EPS Next 3Y100.33%
EPS Next 5YN/A
Revenue 1Y (TTM)19.57%
Revenue growth 3Y25.51%
Revenue growth 5YN/A
Sales Q2Q%-28.95%
Revenue Next Year-4.01%
Revenue Next 2Y28.34%
Revenue Next 3Y45.32%
Revenue Next 5YN/A
EBIT growth 1Y14.81%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year201.47%
EBIT Next 3Y135.91%
EBIT Next 5YN/A
FCF growth 1Y-1.16%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-1.4%
OCF growth 3YN/A
OCF growth 5YN/A