BITCOIN DEPOT INC (BTM)
US09174P1057 - Common Stock
Overall BTM gets a fundamental rating of 4 out of 10. We evaluated BTM against 84 industry peers in the Commercial Services & Supplies industry. While BTM seems to be doing ok healthwise, there are quite some concerns on its profitability. BTM may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
BTM had negative earnings in the past year.
In the past year BTM had a positive cash flow from operations.
1.2 Ratios
BTM has a worse Return On Assets (-30.69%) than 88.10% of its industry peers.
BTM's Return On Invested Capital of 52.23% is amongst the best of the industry. BTM outperforms 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BTM is significantly above the industry average of 9.40%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -30.69% | ||
| ROE | N/A | ||
| ROIC | 52.23% |
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
BTM has a Operating Margin (4.53%) which is comparable to the rest of the industry.
BTM's Operating Margin has declined in the last couple of years.
BTM has a worse Gross Margin (15.60%) than 73.81% of its industry peers.
In the last couple of years the Gross Margin of BTM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.53% | ||
| PM (TTM) | N/A | ||
| GM | 15.6% |
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
BTM has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
BTM has more shares outstanding than it did 1 year ago.
The debt/assets ratio for BTM has been reduced compared to a year ago.
2.2 Solvency
BTM has an Altman-Z score of 8.64. This indicates that BTM is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 8.64, BTM belongs to the top of the industry, outperforming 94.05% of the companies in the same industry.
The Debt to FCF ratio of BTM is 1.48, which is an excellent value as it means it would take BTM, only 1.48 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.48, BTM belongs to the top of the industry, outperforming 84.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 1.48 | ||
| Altman-Z | 8.64 |
ROIC/WACC4.39
WACC11.89%
2.3 Liquidity
BTM has a Current Ratio of 1.16. This is a normal value and indicates that BTM is financially healthy and should not expect problems in meeting its short term obligations.
BTM's Current ratio of 1.16 is on the low side compared to the rest of the industry. BTM is outperformed by 67.86% of its industry peers.
BTM has a Quick Ratio of 1.16. This is a normal value and indicates that BTM is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.16, BTM perfoms like the industry average, outperforming 45.24% 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 -264.12%.
BTM shows a small growth in Revenue. In the last year, the Revenue has grown by 1.20%.
BTM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 41.13% yearly.
EPS 1Y (TTM)-264.12%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-119.69%
Revenue 1Y (TTM)1.2%
Revenue growth 3Y41.13%
Revenue growth 5YN/A
Sales Q2Q%-15.32%
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 59.37% on average per year.
The Revenue is expected to grow by 0.18% on average over the next years.
EPS Next Y97.05%
EPS Next 2Y59.37%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-12.75%
Revenue Next 2Y0.18%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BTM reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 5.45 indicates a rather cheap valuation of BTM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BTM indicates a rather cheap valuation: BTM is cheaper than 96.43% of the companies listed in the same industry.
BTM is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5.45 |
4.2 Price Multiples
97.62% of the companies in the same industry are more expensive than BTM, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, BTM is valued cheaper than 98.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.3 | ||
| EV/EBITDA | 2.6 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as BTM's earnings are expected to grow with 59.37% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y59.37%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BTM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BITCOIN DEPOT INC
NASDAQ:BTM (7/5/2024, 7:00:02 PM)
1.68
-0.03 (-1.75%)
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 Cap105.03M
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 | 5.45 | ||
| 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 | -30.69% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 4.53% | ||
| PM (TTM) | N/A | ||
| GM | 15.6% | ||
| 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 Turnover7.37
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)-264.12%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y97.05%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.2%
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