BITCOIN DEPOT INC (BTM)
US09174P1057 - Common Stock
BTM gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 84 industry peers in the Commercial Services & Supplies industry. BTM scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. BTM has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
BTM had negative earnings in the past year.
BTM had a positive operating cash flow in the past year.
1.2 Ratios
The Return On Assets of BTM (-20.00%) is worse than 89.29% of its industry peers.
BTM has a better Return On Invested Capital (41.80%) than 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BTM is significantly above the industry average of 9.90%.
The last Return On Invested Capital (41.80%) for BTM is well below the 3 year average (55.08%), which needs to be investigated, but indicates that BTM had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -20% | ||
| ROE | N/A | ||
| ROIC | 41.8% |
ROA(3y)-8%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)55.08%
ROIC(5y)N/A
1.3 Margins
The Operating Margin of BTM (4.25%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of BTM has declined.
Looking at the Gross Margin, with a value of 15.78%, BTM is doing worse than 78.57% of the companies in the same industry.
BTM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.25% | ||
| PM (TTM) | N/A | ||
| GM | 15.78% |
OM growth 3Y-2.81%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.55%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so BTM is creating value.
Compared to 1 year ago, BTM has more shares outstanding
The debt/assets ratio for BTM has been reduced compared to a year ago.
2.2 Solvency
BTM has an Altman-Z score of 7.56. This indicates that BTM is financially healthy and has little risk of bankruptcy at the moment.
BTM's Altman-Z score of 7.56 is amongst the best of the industry. BTM outperforms 90.48% of its industry peers.
BTM has a debt to FCF ratio of 2.21. This is a good value and a sign of high solvency as BTM would need 2.21 years to pay back of all of its debts.
BTM has a Debt to FCF ratio of 2.21. This is in the better half of the industry: BTM outperforms 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 2.21 | ||
| Altman-Z | 7.56 |
ROIC/WACC3.68
WACC11.35%
2.3 Liquidity
A Current Ratio of 1.16 indicates that BTM should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.16, BTM is doing worse than 73.81% of the companies in the same industry.
A Quick Ratio of 1.16 indicates that BTM should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.16, BTM is doing worse than 61.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
BTM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -2086.39%.
BTM shows a decrease in Revenue. In the last year, the revenue decreased by -8.18%.
BTM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 41.13% yearly.
EPS 1Y (TTM)-2086.39%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%79.48%
Revenue 1Y (TTM)-8.18%
Revenue growth 3Y41.13%
Revenue growth 5YN/A
Sales Q2Q%-17.42%
3.2 Future
Based on estimates for the next years, BTM will show a very strong growth in Earnings Per Share. The EPS will grow by 45.13% on average per year.
Based on estimates for the next years, BTM will show a decrease in Revenue. The Revenue will decrease by -3.02% on average per year.
EPS Next Y76.99%
EPS Next 2Y45.13%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-17.87%
Revenue Next 2Y-3.02%
Revenue Next 3YN/A
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
BTM reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 31.35, BTM can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BTM is on the same level as its industry peers.
BTM is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 31.35 |
4.2 Price Multiples
BTM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BTM is cheaper than 98.81% of the companies in the same industry.
96.43% of the companies in the same industry are more expensive than BTM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.01 | ||
| EV/EBITDA | 3.22 |
4.3 Compensation for Growth
BTM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
BTM's earnings are expected to grow with 45.13% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y45.13%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for BTM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BITCOIN DEPOT INC
NASDAQ:BTM (11/21/2024, 3:11:02 PM)
1.9
-0.08 (-4.04%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap114.74M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 31.35 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -20% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 4.25% | ||
| PM (TTM) | N/A | ||
| GM | 15.78% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover6.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-2086.39%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y76.99%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-8.18%
Revenue growth 3Y41.13%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y