BIT Mining Ltd
NYSE:BTCM

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BIT Mining Ltd Logo
BIT Mining Ltd
NYSE:BTCM
Watchlist
Price: 2.17 USD 1.88%
Market Cap: 34.6m 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 1.03 USD. Compared to the current market price of 2.17 USD, BIT Mining Ltd is Overvalued by 52%.

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
1.03 USD
Overvaluation 52%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.1
P/S
P/S
Price to Sales
1.1
vs History
39
vs Industry
71
Median 3Y
0.2
Median 5Y
0.9
Industry
2.4
Forward
0.9
More Details
2.9
P/E
P/E
Price to Earnings
2.9
vs History
12
vs Industry
52
Median 3Y
-0.3
Median 5Y
-1.5
Industry
22.6
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
51
Median 3Y
8.9
Median 5Y
12.8
Industry
16.9
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
49
Median 3Y
1.7
Median 5Y
2.4
Industry
21.1
More Details
0.6
P/B
P/B
Price to Book Value
0.6
vs History
80
vs Industry
82
Median 3Y
0.9
Median 5Y
1.5
Industry
2.9
More Details
1
EV/S
EV/S
Enterprise Value to Sales
1
vs History
39
vs Industry
69
Median 3Y
0.2
Median 5Y
0.8
Industry
2.4
Forward
0.8
More Details
10.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
10.6
vs History
41
vs Industry
25
Median 3Y
6.1
Median 5Y
8.3
Industry
4.9
More Details
8.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
8.9
vs History
3
vs Industry
Median 3Y
-0.9
Median 5Y
-7.5
Industry
12.6
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-1.9
Median 5Y
-4.6
Industry
16.3
Forward
-4.8
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
49
Median 3Y
7.6
Median 5Y
11.4
Industry
15.5
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
38
Median 3Y
11.3
Median 5Y
16.9
Industry
18.6
More Details
0.4
EV/IC
EV/IC
Enterprise Value to IC
0.4
vs History
84
vs Industry
84
Median 3Y
0.6
Median 5Y
0.9
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
34.6m USD 1.1 2.9 8.9 -3.9
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
296.8B EUR 8.5 51.9 28 32
US
Palantir Technologies Inc
NYSE:PLTR
323.7B USD 104.2 568.5 731.1 784.7
US
Salesforce Inc
NYSE:CRM
250.8B USD 6.5 40.5 21.3 30.6
US
Intuit Inc
NASDAQ:INTU
212B USD 11.7 61.1 38.6 45.3
US
Adobe Inc
NASDAQ:ADBE
169B USD 7.7 25.1 18.9 21
US
NCR Corp
LSE:0K45
153.6B USD 44.6 166.6 480.2 3 425.7
US
Applovin Corp
NASDAQ:APP
126.4B USD 24.7 66.2 46.1 54.2
US
Microstrategy Inc
NASDAQ:MSTR
99.7B USD 216 -18.6 -3 132.3 -1 621.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
82.7B USD 17 76.5 48.5 55.3
P/S Multiple
Revenue Growth P/S to Growth
HK
BIT Mining Ltd
NYSE:BTCM
Average P/S: 21 304.8
1.1
N/A N/A
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
8.5
12%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
104.2
33%
3.2
US
Salesforce Inc
NYSE:CRM
6.5
10%
0.7
US
Intuit Inc
NASDAQ:INTU
11.7
14%
0.8
US
Adobe Inc
NASDAQ:ADBE
7.7
10%
0.8
US
N
NCR Corp
LSE:0K45
44.6
-8%
N/A
US
Applovin Corp
NASDAQ:APP
24.7
23%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
216
4%
54
US
Cadence Design Systems Inc
NASDAQ:CDNS
17
12%
1.4
P/E Multiple
Earnings Growth PEG
HK
BIT Mining Ltd
NYSE:BTCM
Average P/E: 117.7
2.9
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
51.9
50%
1
US
Palantir Technologies Inc
NYSE:PLTR
568.5
73%
7.8
US
Salesforce Inc
NYSE:CRM
40.5
32%
1.3
US
Intuit Inc
NASDAQ:INTU
61.1
34%
1.8
US
Adobe Inc
NASDAQ:ADBE
25.1
26%
1
US
N
NCR Corp
LSE:0K45
166.6
-47%
N/A
US
Applovin Corp
NASDAQ:APP
66.2
44%
1.5
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -18.6 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
76.5
33%
2.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
HK
BIT Mining Ltd
NYSE:BTCM
Average EV/EBITDA: 158
8.9
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
28
19%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
731.1
109%
6.7
US
Salesforce Inc
NYSE:CRM
21.3
24%
0.9
US
Intuit Inc
NASDAQ:INTU
38.6
28%
1.4
US
Adobe Inc
NASDAQ:ADBE
18.9
17%
1.1
US
N
NCR Corp
LSE:0K45
480.2
12%
40
US
Applovin Corp
NASDAQ:APP
46.1
42%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -3 132.3 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
48.5
27%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
HK
BIT Mining Ltd
NYSE:BTCM
Average EV/EBIT: 556.1
Negative Multiple: -3.9 		N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
32
21%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
784.7
110%
7.1
US
Salesforce Inc
NYSE:CRM
30.6
33%
0.9
US
Intuit Inc
NASDAQ:INTU
45.3
37%
1.2
US
Adobe Inc
NASDAQ:ADBE
21
20%
1
US
N
NCR Corp
LSE:0K45
3 425.7
90%
38.1
US
Applovin Corp
NASDAQ:APP
54.2
45%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 621.7 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
55.3
28%
2

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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