Is BITF.TO a good investment?
As of 2025-03-19, the Fair Value of Bitfarms Ltd (BITF.TO) is -1.90 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 1.59 CAD, the upside of Bitfarms Ltd is -219.34%. This means that BITF.TO is not a good investment.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 5Y Avg | |
| Net income | 2.90 | -16.29 | 22.13 | -239.05 | -108.92 | -67.85 |
| YoY growth | 130.96% | -661.88% | 235.86% | -1,180.21% | 54.44% | -284.17% |
| Market Cap (mil) | 762.13 |
| P/E | |
| Forward P/E |
| EPS | -0.26 |
| Avg earnings growth rate | -284.17% |
| TTM earnings | -126.60 |