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. The financial health of BTM is average, but there are quite some concerns on its profitability. BTM has a valuation in line with the averages, but on the other hand it scores bad on growth.
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 has a Return On Assets of -20.00%. This is amonst the worse of the industry: BTM underperforms 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 9.89%.
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
BTM has a Operating Margin (4.25%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of BTM has declined.
BTM has a Gross Margin of 15.78%. This is in the lower half of the industry: BTM underperforms 78.57% of its industry peers.
In the last couple of years the Gross Margin of BTM has grown nicely.
| 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.
BTM has more shares outstanding than it did 1 year ago.
Compared to 1 year ago, BTM has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 7.71 indicates that BTM is not in any danger for bankruptcy at the moment.
BTM has a Altman-Z score of 7.71. This is amongst the best in the industry. BTM outperforms 88.10% 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.
With a decent Debt to FCF ratio value of 2.21, BTM is doing good in the industry, outperforming 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 2.21 | ||
| Altman-Z | 7.71 |
ROIC/WACC3.79
WACC11.03%
2.3 Liquidity
A Current Ratio of 1.16 indicates that BTM should not have too much problems paying its short term obligations.
The Current ratio of BTM (1.16) is worse than 73.81% of its industry peers.
A Quick Ratio of 1.16 indicates that BTM should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.16, BTM is not doing good in the industry: 61.90% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
The earnings per share for BTM have decreased strongly by -2086.39% in the last year.
Looking at the last year, BTM shows a decrease in Revenue. The Revenue has decreased by -8.18% in the last year.
Measured over the past years, BTM shows a very strong growth in Revenue. The Revenue has been growing by 41.13% on average per year.
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
The Earnings Per Share is expected to grow by 45.13% on average over the next years. This is a very strong growth
The Revenue is expected to decrease by -3.02% on average over the next years.
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.
Based on the Price/Forward Earnings ratio of 40.92, the valuation of BTM can be described as expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as BTM.
When comparing the Price/Forward Earnings ratio of BTM to the average of the S&P500 Index (23.79), we can say BTM is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 40.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BTM is valued cheaply inside the industry as 96.43% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, BTM is valued cheaply inside the industry as 96.43% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.39 | ||
| EV/EBITDA | 3.95 |
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.
A more expensive valuation may be justified as BTM's earnings are expected to grow with 45.13% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y45.13%
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 (11/13/2024, 5:21:44 PM)
After market: 2.54 +0.06 (+2.42%)2.48
-0.03 (-1.2%)
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 Cap146.42M
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 | 40.92 | ||
| 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