BITCOIN DEPOT INC (BTM) Stock Fundamental Analysis
NASDAQ:BTM - Nasdaq - US09174P1057 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to BTM. BTM was compared to 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 bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
In the past year BTM has reported negative net income.
In the past year BTM had a positive cash flow from operations.
1.2 Ratios
BTM has a worse Return On Assets (-15.26%) than 81.71% of its industry peers.
BTM has a Return On Invested Capital of 48.21%. This is amongst the best in 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 10.12%.
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 42.68% of its industry peers.
BTM's Operating Margin has declined in the last couple of years.
BTM's Gross Margin of 16.32% is on the low side compared to the rest of the industry. BTM is outperformed by 80.49% of its industry peers.
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.
The number of shares outstanding for BTM has been increased compared to 1 year ago.
Compared to 1 year ago, BTM has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 7.44 indicates that BTM is not in any danger for bankruptcy at the moment.
BTM's Altman-Z score of 7.44 is amongst the best of the industry. BTM outperforms 92.68% of its industry peers.
The Debt to FCF ratio of BTM is 3.60, which is a good value as it means it would take BTM, 3.60 years of fcf income to pay off all of its debts.
BTM's Debt to FCF ratio of 3.60 is fine compared to the rest of the industry. BTM outperforms 70.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.6 | ||
| Altman-Z | 7.44 |
ROIC/WACC3.88
WACC12.44%
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.
Looking at the Current ratio, with a value of 0.91, BTM is doing worse than 81.71% of the companies in the same industry.
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's Quick ratio of 0.91 is on the low side compared to the rest of the industry. BTM is outperformed by 74.39% 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
Based on estimates for the next years, BTM will show a very strong growth in Earnings Per Share. The EPS will grow by 55.15% on average per year.
The Revenue is expected to decrease by -6.97% on average over the next years.
EPS Next Y110.62%
EPS Next 2Y55.15%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-19.42%
Revenue Next 2Y-6.97%
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.
With a Price/Forward Earnings ratio of 5.55, the valuation of BTM can be described as very cheap.
Based on the Price/Forward Earnings ratio, BTM is valued cheaply inside the industry as 96.34% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.68. BTM is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5.55 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BTM is valued cheaper than 98.78% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BTM is valued cheaply inside the industry as 95.12% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.24 | ||
| EV/EBITDA | 2.69 |
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 55.15% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y55.15%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BTM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
1.29
0 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners32.85%
Inst Owner Change-85.82%
Ins Owners3.31%
Ins Owner Change-49.97%
Market Cap77.90M
Analysts77.5
Price Target4.78 (270.54%)
Short Float %3.95%
Short Ratio1.34
Dividend
| Industry Rank | Sector 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)-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)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-125%
EPS NY rev (1m)999.55%
EPS NY rev (3m)146.15%
Revenue NQ rev (1m)-0.77%
Revenue NQ rev (3m)-4.14%
Revenue NY rev (1m)-0.24%
Revenue NY rev (3m)-1.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5.55 | ||
| P/S | 0.13 | ||
| P/FCF | 5.24 | ||
| P/OCF | 3.14 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 2.69 |
EPS(TTM)-0.73
EYN/A
EPS(NY)0.23
Fwd EY18.01%
FCF(TTM)0.25
FCFY19.1%
OCF(TTM)0.41
OCFY31.81%
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 | 7.44 |
F-Score5
WACC12.44%
ROIC/WACC3.88
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 Y110.62%
EPS Next 2Y55.15%
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-19.42%
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 Year12.06%
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