Bakkt Holdings Inc
NYSE:BKKT
Intrinsic Value
The intrinsic value of one BKKT stock under the Base Case scenario is 2.11 USD. Compared to the current market price of 1.57 USD, Bakkt Holdings Inc is Undervalued by 25%.
The Intrinsic Value is calculated as the average of the two valuation methods:
Fundamental Analysis
BKKT Profitability Score
Profitability Due Diligence
Bakkt Holdings Inc's profitability score is 23/100. The higher the profitability score, the more profitable the company is.
Score
Bakkt Holdings Inc's profitability score is 23/100. The higher the profitability score, the more profitable the company is.
BKKT Solvency Score
Solvency Due Diligence
Bakkt Holdings Inc's solvency score is 51/100. The higher the solvency score, the more solvent the company is.
Score
Bakkt Holdings Inc's solvency score is 51/100. The higher the solvency score, the more solvent the company is.
Balance Sheet Decomposition
Bakkt Holdings Inc
| Current Assets | 459M |
| Cash & Short-Term Investments | 274M |
| Receivables | 22.1M |
| Other Current Assets | 163M |
| Non-Current Assets | 420M |
| PP&E | 49.8M |
| Intangibles | 352M |
| Other Non-Current Assets | 18.1M |
| Current Liabilities | 184M |
| Accounts Payable | 11M |
| Accrued Liabilities | 32.2M |
| Other Current Liabilities | 141M |
| Non-Current Liabilities | 509M |
| Other Non-Current Liabilities | 509M |
BKKT Capital Structure
Bakkt Holdings Inc
| Market Capitalization | 127M USD | |
| Total Debt | 0 USD | |
| Minority Interest | 474M USD | |
| Preferred Equity | 0 USD | |
| Cash and Equivalents | 160M USD | |
| Short-Term Investments | 114M USD | |
| Enterprise Value | 327M USD | |
Wall St
Price Targets
BKKT Price Targets Summary
Bakkt Holdings Inc
According to Wall Street analysts, the average 1-year price target for BKKT is 2.47 USD with a low forecast of 2.02 USD and a high forecast of 3.41 USD.
Ownership
BKKT Insider Trading
Buy and sell transactions by insiders
During the last 12 months Bakkt Holdings Inc insiders have not bought any shares, and sold 3M USD worth of shares. The last transaction was made on Mar 26, 2023 by Vpc Impact Acquisition Holdings Sponsor, Llc (Other), who sold 132k USD worth of BKKT shares.
| Period | Sold | Bought | Net |
|---|---|---|---|
| 3 Months |
1.9M
USD
|
N/A
|
-1.9M
|
| 6 Months |
2.9M
USD
|
N/A
|
-2.9M
|
| 9 Months |
2.9M
USD
|
N/A
|
-2.9M
|
| 12 Months |
3M
USD
|
N/A
|
-3M
|
Shareholder Return
BKKT Return Decomposition
Main factors of price return
is not available
It is impossible to break down the market cap return as the net margin from 5 years ago is negative.
BKKT Price
Bakkt Holdings Inc
| Average Annual Return | -12.68% |
| Standard Deviation of Annual Returns | 8.29% |
| Max Drawdown | -97% |
| Market Capitalization | 127M USD |
| Shares Outstanding | 80 926 800 |
| Percentage of Shares Shorted | 17.97% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Bakkt Holdings, Inc. operates as an investment holding company. The company is headquartered in Alpharetta, Georgia and currently employs 579 full-time employees. The company went IPO on 2020-09-23. The digital asset market includes cryptocurrencies, gift cards, loyalty points and miles. Its consumer offerings include cryptocurrency trading platform, track and convert rewards, spend payments, manage and buy gift cards and Bakkt application. Its businesses offerings include crypto services, crypto rewards, powering loyalty programs and digital assets payments. Its institutions offerings include crypto custody and crypto derivatives. The Company’s platform enables merchants and brands to create compelling experiences to attract new customers and engage existing customers.
Contact
IPO
Employees
Officers
The intrinsic value of one BKKT stock under the Base Case scenario is 2.11 USD.
Compared to the current market price of 1.57 USD, Bakkt Holdings Inc is Undervalued by 25%.
