Valuation Bitfarms Ltd.

Equities

Market Closed - Toronto S.E. Other stock markets 02:30:00 07/03/2026 am IST			5-day change	1st Jan Change
2.760 ^CAD	-9.21%		-8.00%	-14.55%

06/03	TSX down as Mideast tensions fuel inflation jitters	RE
05/03	Independent proxy advisory firms, including ISS, recommend Bitfarms shareholders vote for U.S. redomiciliation	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	172.1	972.9	90.32	939.1	699.5	1,222	1,222	-
Change	-	465.38%	-90.72%	939.8%	-25.51%	74.62%	0%	-
Enterprise Value (EV)	172.1	972.9	90.32	939.1	663.4	1,222	1,222	1,222
Change	-	465.38%	-90.72%	939.8%	-29.36%	84.13%	0%	0%
P/E ratio	-	-	-0.36x	-7.29x	-11.4x	-8.36x	-8.65x	-29x
PBR	-	-	-	-	1.01x	-	-	-
PEG	-	-	-	0.1x	0.2x	-0.1x	2.55x	0.4x
Capitalization / Revenue	4.96x	5.74x	0.63x	6.42x	3.63x	4.52x	5.32x	2.77x
EV / Revenue	0x	0x	0x	0x	0x	4.52x	5.32x	2.77x
EV / EBITDA	-	-	-	0x	0x	20.1x	26.1x	4.21x
EV / EBIT	-0x	0x	-0x	-0x	-0x	-9.3x	-15.7x	14.5x
EV / FCF	-	-	-	-	-0x	-14.4x	-2.79x	-
FCF Yield	-	-	-	-	-61.1%	-6.93%	-35.8%	-
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	-	-	-1.15	-0.4	-0.13	-0.2425	-0.2343	-0.07
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	34.7	169.5	142.4	146.4	192.9	270.2	229.7	440.3
EBITDA ¹	-	-	-	35.08	54.66	60.74	46.74	289.9
EBIT ¹	-5.289	67.59	-284	-72.13	-107.6	-131.4	-77.56	84.39
Net income ¹	-	-	-239	-104	-54.06	-144.2	-96.03	44.4
Net Debt	-	-	-	-	-36.13	-	-	-
Reference price ²	1.962	5.042	0.414	2.915	1.480	2.027	2.027	2.027
Nbr of stocks (in thousands)	87,701	1,92,969	2,18,275	3,22,129	4,72,551	6,02,728	6,02,728	-
Announcement Date	25/03/21	28/03/22	21/03/23	07/03/24	27/03/25	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BITFARMS LTD.	-8.36x	-	-	-	122.16Cr
APPLIED DIGITAL CORPORATION	-67.95x	-	-	-	702.88Cr
TERAWULF INC.	-15.96x	22.33x	46.01x	-	583.09Cr
CIPHER DIGITAL INC.	-13.82x	35.1x	162.42x	-.--%	551.77Cr
RIOT PLATFORMS, INC.	-9.21x	8.81x	32.45x	-.--%	537.03Cr
HUT 8 CORP.	-44.41x	-	-	-	521.95Cr
MARA HOLDINGS, INC.	-3.04x	3.38x	5.79x	-.--%	304.57Cr
CLEANSPARK, INC.	-4.18x	5.13x	-385.81x	-.--%	235.55Cr
BITDEER TECHNOLOGIES GROUP	-28.3x	-	-	-	175.49Cr
Average	-21.69x	14.95x	-27.83x	0%	414.94Cr
Weighted average by Cap.	-26.97x	17.79x	20.24x	0%