BITCOIN DEPOT INC (BTM)
US09174P1057 - Common Stock
Overall BTM gets a fundamental rating of 4 out of 10. We evaluated BTM against 83 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 is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year BTM has reported negative net income.
BTM had a positive operating cash flow in the past year.
1.2 Ratios
BTM's Return On Assets of -15.26% is on the low side compared to the rest of the industry. BTM is outperformed by 85.54% of its industry peers.
Looking at the Return On Invested Capital, with a value of 48.21%, BTM belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BTM is significantly above the industry average of 10.07%.
The 3 year average ROIC (55.08%) for BTM is well above the current ROIC(48.21%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -15.26% | ||
| ROE | N/A | ||
| ROIC | 48.21% |
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's Operating Margin of 4.36% is in line compared to the rest of the industry. BTM outperforms 43.37% of its industry peers.
In the last couple of years the Operating Margin of BTM has declined.
With a Gross Margin value of 16.32%, BTM is not doing good in the industry: 79.52% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of BTM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.36% | ||
| PM (TTM) | N/A | ||
| GM | 16.32% |
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.
Compared to 1 year ago, BTM has more shares outstanding
Compared to 1 year ago, BTM has an improved debt to assets ratio.
2.2 Solvency
BTM has an Altman-Z score of 7.59. This indicates that BTM is financially healthy and has little risk of bankruptcy at the moment.
BTM has a Altman-Z score of 7.59. This is amongst the best in the industry. BTM outperforms 91.57% of its industry peers.
BTM has a debt to FCF ratio of 3.60. This is a good value and a sign of high solvency as BTM would need 3.60 years to pay back of all of its debts.
BTM has a Debt to FCF ratio of 3.60. This is in the better half of the industry: BTM outperforms 69.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.6 | ||
| Altman-Z | 7.59 |
ROIC/WACC3.96
WACC12.16%
2.3 Liquidity
BTM has a Current Ratio of 0.91. This is a bad value and indicates that BTM is not financially healthy enough and could expect problems in meeting its short term obligations.
BTM's Current ratio of 0.91 is on the low side compared to the rest of the industry. BTM is outperformed by 81.93% of its industry peers.
BTM has a Quick Ratio of 0.91. This is a bad value and indicates that BTM is not financially healthy enough and could expect problems in meeting its short term obligations.
BTM has a worse Quick ratio (0.91) than 74.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
The earnings per share for BTM have decreased strongly by -18.21% in the last year.
BTM shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -15.21%.
The Revenue has been growing by 41.13% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-18.21%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%88.37%
Revenue 1Y (TTM)-15.21%
Revenue growth 3Y41.13%
Revenue growth 5YN/A
Sales Q2Q%-24.63%
3.2 Future
The Earnings Per Share is expected to grow by 51.30% on average over the next years. This is a very strong growth
The Revenue is expected to decrease by -6.97% on average over the next years.
EPS Next Y98.82%
EPS Next 2Y51.3%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-19.23%
Revenue Next 2Y-6.97%
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.
BTM is valuated reasonably with a Price/Forward Earnings ratio of 10.49.
Based on the Price/Forward Earnings ratio, BTM is valued cheaply inside the industry as 90.36% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of BTM to the average of the S&P500 Index (23.73), we can say BTM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.49 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BTM indicates a rather cheap valuation: BTM is cheaper than 97.59% of the companies listed in the same industry.
95.18% 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 | 7.02 | ||
| EV/EBITDA | 3.4 |
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 51.30% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y51.3%
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 (12/20/2024, 8:00:01 PM)
Premarket: 1.74 +0.01 (+0.58%)1.73
-0.08 (-4.42%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners32.45%
Inst Owner Change12.83%
Ins Owners6.97%
Ins Owner Change-44.47%
Market Cap104.47M
Analysts77.5
Price Target4.78 (176.3%)
Short Float %3.98%
Short Ratio0.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/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)-1139.36%
Min EPS beat(2)-1386.64%
Max EPS beat(2)-892.08%
EPS beat(4)0
Avg EPS beat(4)-735.55%
Min EPS beat(4)-1386.64%
Max EPS beat(4)-280.81%
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)1
Avg Revenue beat(2)3.76%
Min Revenue beat(2)-0.62%
Max Revenue beat(2)8.14%
Revenue beat(4)2
Avg Revenue beat(4)0.58%
Min Revenue beat(4)-9.01%
Max Revenue beat(4)8.14%
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)0%
PT rev (3m)5.63%
EPS NQ rev (1m)-125%
EPS NQ rev (3m)-212.5%
EPS NY rev (1m)94.87%
EPS NY rev (3m)94.87%
Revenue NQ rev (1m)-3.4%
Revenue NQ rev (3m)-19.95%
Revenue NY rev (1m)-1.65%
Revenue NY rev (3m)-1.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.49 | ||
| P/S | 0.18 | ||
| P/FCF | 7.02 | ||
| P/OCF | 4.22 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.4 |
EPS(TTM)-0.73
EYN/A
EPS(NY)0.16
Fwd EY9.54%
FCF(TTM)0.25
FCFY14.24%
OCF(TTM)0.41
OCFY23.72%
SpS9.69
BVpS-0.28
TBVpS-0.47
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -15.26% | ||
| ROE | N/A | ||
| ROCE | 61.03% | ||
| ROIC | 48.21% | ||
| ROICexc | 210.29% | ||
| ROICexgc | N/A | ||
| OM | 4.36% | ||
| PM (TTM) | N/A | ||
| GM | 16.32% | ||
| FCFM | 2.54% |
ROA(3y)-8%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)55.08%
ROIC(5y)N/A
ROICexc(3y)720.06%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)69.72%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
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
F-Score5
Asset Turnover6.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.6 | ||
| Debt/EBITDA | 1.21 | ||
| Cap/Depr | 86.73% | ||
| Cap/Sales | 1.69% | ||
| Interest Coverage | 3.22 | ||
| Cash Conversion | 67.09% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | 7.59 |
F-Score5
WACC12.16%
ROIC/WACC3.96
Cap/Depr(3y)22.35%
Cap/Depr(5y)N/A
Cap/Sales(3y)0.54%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-18.21%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%88.37%
EPS Next Y98.82%
EPS Next 2Y51.3%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-15.21%
Revenue growth 3Y41.13%
Revenue growth 5YN/A
Sales Q2Q%-24.63%
Revenue Next Year-19.23%
Revenue Next 2Y-6.97%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-42.24%
EBIT growth 3Y37.17%
EBIT growth 5YN/A
EBIT Next Year3.77%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-50.33%
FCF growth 3Y34.45%
FCF growth 5YN/A
OCF growth 1Y-26.42%
OCF growth 3Y31.01%
OCF growth 5YN/A