BIT Mining Ltd
NYSE:BTCM

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BIT Mining Ltd Logo
BIT Mining Ltd
NYSE:BTCM
Watchlist
Price: 1.98 USD -2.94%
Market Cap: 30.2m USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one BTCM stock under the Base Case scenario is 1.05 USD. Compared to the current market price of 1.98 USD, BIT Mining Ltd is Overvalued by 47%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BTCM Relative Value
Base Case
1.05 USD
Overvaluation 47%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.9
P/S
P/S
Price to Sales
0.9
vs History
46
vs Industry
71
Median 3Y
0.2
Median 5Y
0.9
Industry
2.4
Forward
0.8
More Details
2.5
P/E
P/E
Price to Earnings
2.5
vs History
12
vs Industry
52
Median 3Y
-0.3
Median 5Y
-1.5
Industry
22.4
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
51
Median 3Y
8.7
Median 5Y
12.4
Industry
16.7
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
49
Median 3Y
1.6
Median 5Y
2.3
Industry
21.3
More Details
0.5
P/B
P/B
Price to Book Value
0.5
vs History
85
vs Industry
82
Median 3Y
0.9
Median 5Y
1.6
Industry
2.8
More Details
0.8
EV/S
EV/S
Enterprise Value to Sales
0.8
vs History
46
vs Industry
69
Median 3Y
0.2
Median 5Y
0.8
Industry
2.3
Forward
0.7
More Details
9.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
9.1
vs History
41
vs Industry
25
Median 3Y
5.8
Median 5Y
5.8
Industry
4.8
More Details
7.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
7.7
vs History
3
vs Industry
Median 3Y
-1.1
Median 5Y
-7.9
Industry
12.4
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-1.7
Median 5Y
-4.4
Industry
16.1
Forward
-4.1
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
49
Median 3Y
7.4
Median 5Y
11.2
Industry
15.1
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
38
Median 3Y
11
Median 5Y
16.6
Industry
18.4
More Details
0.3
EV/IC
EV/IC
Enterprise Value to IC
0.3
vs History
85
vs Industry
84
Median 3Y
0.6
Median 5Y
0.8
Industry
2.4
More Details

Multiples Across Competitors

BTCM Competitors Multiples
BIT Mining Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
HK
BIT Mining Ltd
NYSE:BTCM
30.2m USD 0.9 2.5 7.7 -3.4
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
306.2B EUR 8.7 53.4 28.9 33
US
Palantir Technologies Inc
NYSE:PLTR
288.4B USD 92.5 505 649.9 697.6
US
Salesforce Inc
NYSE:CRM
251.3B USD 6.6 40.3 22 32
US
Intuit Inc
NASDAQ:INTU
210.3B USD 11.6 60.7 38.3 45
US
Adobe Inc
NASDAQ:ADBE
179.3B USD 8.1 26.5 20.1 22.3
US
NCR Corp
LSE:0K45
146.6B USD 42.6 159 458.3 3 269.2
US
Applovin Corp
NASDAQ:APP
130.2B USD 25.4 67.8 47.5 55.8
US
Microstrategy Inc
NASDAQ:MSTR
98.8B USD 213.4 -18.4 -3 106.7 -1 608.5
US
Cadence Design Systems Inc
NASDAQ:CDNS
76.7B USD 15.9 71.5 44.9 51.2
P/S Multiple
Revenue Growth P/S to Growth
HK
BIT Mining Ltd
NYSE:BTCM
Average P/S: 21 303.3
0.9
N/A N/A
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
8.7
12%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
92.5
34%
2.7
US
Salesforce Inc
NYSE:CRM
6.6
10%
0.7
US
Intuit Inc
NASDAQ:INTU
11.6
13%
0.9
US
Adobe Inc
NASDAQ:ADBE
8.1
10%
0.8
US
N
NCR Corp
LSE:0K45
42.6
-8%
N/A
US
Applovin Corp
NASDAQ:APP
25.4
24%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
213.4
3%
71.1
US
Cadence Design Systems Inc
NASDAQ:CDNS
15.9
13%
1.2
P/E Multiple
Earnings Growth PEG
HK
BIT Mining Ltd
NYSE:BTCM
Average P/E: 109.6
2.5
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
53.4
50%
1.1
US
Palantir Technologies Inc
NYSE:PLTR
505
73%
6.9
US
Salesforce Inc
NYSE:CRM
40.3
32%
1.3
US
Intuit Inc
NASDAQ:INTU
60.7
34%
1.8
US
Adobe Inc
NASDAQ:ADBE
26.5
26%
1
US
N
NCR Corp
LSE:0K45
159
-47%
N/A
US
Applovin Corp
NASDAQ:APP
67.8
44%
1.5
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -18.4 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
71.5
33%
2.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
HK
BIT Mining Ltd
NYSE:BTCM
Average EV/EBITDA: 146.4
7.7
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
28.9
19%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
649.9
109%
6
US
Salesforce Inc
NYSE:CRM
22
23%
1
US
Intuit Inc
NASDAQ:INTU
38.3
28%
1.4
US
Adobe Inc
NASDAQ:ADBE
20.1
17%
1.2
US
N
NCR Corp
LSE:0K45
458.3
12%
38.2
US
Applovin Corp
NASDAQ:APP
47.5
42%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -3 106.7 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
44.9
27%
1.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
HK
BIT Mining Ltd
NYSE:BTCM
Average EV/EBIT: 525.8
Negative Multiple: -3.4 		N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
33
21%
1.6
US
Palantir Technologies Inc
NYSE:PLTR
697.6
107%
6.5
US
Salesforce Inc
NYSE:CRM
32
32%
1
US
Intuit Inc
NASDAQ:INTU
45
35%
1.3
US
Adobe Inc
NASDAQ:ADBE
22.3
20%
1.1
US
N
NCR Corp
LSE:0K45
3 269.2
79%
41.4
US
Applovin Corp
NASDAQ:APP
55.8
38%
1.5
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 608.5 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
51.2
28%
1.8

See Also

Summary
BTCM intrinsic value, competitors valuation, and company profile.
DCF Valuation
BTCM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
BTCM stock valuation using valuation multiples.
Wall Street Estimates
BTCM price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
BTCM stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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