BITF vs. SII, HUT, PTS, WED, VBNK, ML, WFC, GRN, CARE, and CFW
Should you be buying Bitfarms stock or one of its competitors? The main competitors of Bitfarms include Sprott (SII), Hut 8 (HUT), Points.com (PTS), Westaim (WED), VersaBank (VBNK), Millennial Lithium (ML), Wall Financial (WFC), Greenlane Renewables Inc. (GRN.V) (GRN), Dialogue Health Technologies (CARE), and Calfrac Well Services (CFW). These companies are all part of the "banking" industry.
Bitfarms vs.
Bitfarms (TSE:BITF) and Sprott (TSE:SII) are both small-cap financial services companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, analyst recommendations, dividends, institutional ownership, community ranking, media sentiment, valuation, profitability and risk.
Bitfarms has a beta of 3.2, suggesting that its share price is 220% more volatile than the S&P 500. Comparatively, Sprott has a beta of 1.45, suggesting that its share price is 45% more volatile than the S&P 500.
Sprott received 324 more outperform votes than Bitfarms when rated by MarketBeat users. However, 83.33% of users gave Bitfarms an outperform vote while only 60.59% of users gave Sprott an outperform vote.
Sprott has a net margin of 28.20% compared to Bitfarms' net margin of -69.20%. Sprott's return on equity of 15.02% beat Bitfarms' return on equity.
Bitfarms currently has a consensus price target of C$3.75, suggesting a potential upside of 223.28%. Sprott has a consensus price target of C$69.75, suggesting a potential downside of 4.32%. Given Bitfarms' higher probable upside, analysts plainly believe Bitfarms is more favorable than Sprott.
In the previous week, Sprott had 1 more articles in the media than Bitfarms. MarketBeat recorded 2 mentions for Sprott and 1 mentions for Bitfarms. Bitfarms' average media sentiment score of 0.77 beat Sprott's score of 0.72 indicating that Bitfarms is being referred to more favorably in the media.
Sprott has lower revenue, but higher earnings than Bitfarms. Bitfarms is trading at a lower price-to-earnings ratio than Sprott, indicating that it is currently the more affordable of the two stocks.
20.2% of Bitfarms shares are owned by institutional investors. Comparatively, 41.5% of Sprott shares are owned by institutional investors. 23.4% of Bitfarms shares are owned by company insiders. Comparatively, 17.7% of Sprott shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Summary
Sprott beats Bitfarms on 12 of the 18 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (TSE:BITF) was last updated on 4/18/2025 by MarketBeat.com Staff
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