BitFuFu (NASDAQ:FUFU – Get Free Report) is one of 111 public companies in the “Nondepository credit institutions” industry, but how does it contrast to its competitors? We will compare BitFuFu to similar companies based on the strength of its valuation, dividends, institutional ownership, profitability, earnings, analyst recommendations and risk.
Analyst Ratings
This is a breakdown of recent recommendations and price targets for BitFuFu and its competitors, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
BitFuFu | 0 | 0 | 1 | 0 | 3.00 |
BitFuFu Competitors | 499 | 1929 | 3080 | 118 | 2.50 |
BitFuFu currently has a consensus target price of $7.00, indicating a potential upside of 66.27%. As a group, “Nondepository credit institutions” companies have a potential upside of 49.60%. Given BitFuFu’s stronger consensus rating and higher possible upside, equities research analysts plainly believe BitFuFu is more favorable than its competitors.
Valuation & Earnings
Gross Revenue | Net Income | Price/Earnings Ratio | |
BitFuFu | $463.33 million | $10.49 million | 12.03 |
BitFuFu Competitors | $3.31 billion | $453.49 million | 6.00 |
BitFuFu’s competitors have higher revenue and earnings than BitFuFu. BitFuFu is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Institutional and Insider Ownership
37.3% of BitFuFu shares are owned by institutional investors. Comparatively, 34.5% of shares of all “Nondepository credit institutions” companies are owned by institutional investors. 35.0% of BitFuFu shares are owned by insiders. Comparatively, 22.0% of shares of all “Nondepository credit institutions” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Profitability
This table compares BitFuFu and its competitors’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
BitFuFu | 8.17% | 40.15% | 13.55% |
BitFuFu Competitors | -95.01% | -19.90% | -3.72% |
Risk and Volatility
BitFuFu has a beta of 0.28, suggesting that its share price is 72% less volatile than the S&P 500. Comparatively, BitFuFu’s competitors have a beta of 5.13, suggesting that their average share price is 413% more volatile than the S&P 500.
Summary
BitFuFu beats its competitors on 9 of the 13 factors compared.
BitFuFu Company Profile
BitFuFu Inc. provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.
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