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Bitfarms (BITF) Competitors

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C$1.23 -0.08 (-6.11%)
As of 06/11/2025 04:00 PM Eastern

BITF vs. SII, HUT, VBNK, WFC, PTS, WED, ML, GRN, CARE, and CFW

Should you be buying Bitfarms stock or one of its competitors? The main competitors of Bitfarms include Sprott (SII), Hut 8 (HUT), VersaBank (VBNK), Wall Financial (WFC), Points.com (PTS), Westaim (WED), Millennial Lithium (ML), Greenlane Renewables Inc. (GRN.V) (GRN), Dialogue Health Technologies (CARE), and Calfrac Well Services (CFW). These companies are all part of the "banking" industry.

Bitfarms vs. Its Competitors

Bitfarms (TSE:BITF) and Sprott (TSE:SII) are both small-cap financial services companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, earnings, analyst recommendations, risk, valuation, community ranking and media sentiment.

Sprott has lower revenue, but higher earnings than Bitfarms. Bitfarms is trading at a lower price-to-earnings ratio than Sprott, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
BitfarmsC$159.92M2.70-C$110.66M-C$0.44-2.77
SprottC$114.38M13.36C$32.26MC$2.5733.33

In the previous week, Bitfarms had 11 more articles in the media than Sprott. MarketBeat recorded 12 mentions for Bitfarms and 1 mentions for Sprott. Sprott's average media sentiment score of 0.20 beat Bitfarms' score of -0.28 indicating that Sprott is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bitfarms
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Sprott
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Bitfarms currently has a consensus price target of C$3.75, suggesting a potential upside of 204.88%. Sprott has a consensus price target of C$77.00, suggesting a potential downside of 9.96%. Given Bitfarms' higher probable upside, equities analysts clearly believe Bitfarms is more favorable than Sprott.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitfarms
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Sprott
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
3.33

Sprott received 325 more outperform votes than Bitfarms when rated by MarketBeat users. However, 83.33% of users gave Bitfarms an outperform vote while only 60.66% of users gave Sprott an outperform vote.

CompanyUnderperformOutperform
BitfarmsOutperform Votes
5
83.33%
Underperform Votes
1
16.67%
SprottOutperform Votes
330
60.66%
Underperform Votes
214
39.34%

Sprott has a net margin of 28.20% compared to Bitfarms' net margin of -69.20%. Sprott's return on equity of 15.02% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-69.20% -30.76% -10.66%
Sprott 28.20%15.02%10.25%

Bitfarms has a beta of 3.2, indicating that its stock price is 220% more volatile than the S&P 500. Comparatively, Sprott has a beta of 1.45, indicating that its stock price is 45% more volatile than the S&P 500.

20.2% of Bitfarms shares are owned by institutional investors. Comparatively, 41.5% of Sprott shares are owned by institutional investors. 23.4% of Bitfarms shares are owned by insiders. Comparatively, 17.7% of Sprott shares 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.

Summary

Sprott beats Bitfarms on 13 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BITF and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BITF vs. The Competition

MetricBitfarmsCapital Markets IndustryFinancial SectorTSE Exchange
Market CapC$431.39MC$844.34MC$5.68BC$6.06B
Dividend YieldN/A3.88%4.13%6.72%
P/E Ratio-2.7728.1112.7239.18
Price / Sales2.70152.251,699.80995.17
Price / Cash4.0011.8849.9283.29
Price / Book0.963.192.854.23
Net Income-C$110.66MC$130.65MC$1.23BC$301.20M
7 Day Performance4.24%2.11%0.96%4.65%
1 Month Performance-20.65%6.53%10.17%9.30%
1 Year Performance-63.06%16.48%14.58%24.52%

Bitfarms Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BITF
Bitfarms
3.087 of 5 stars
C$1.23
-6.1%
C$3.75
+204.9%
-60.3%C$431.39MC$159.92M-2.77110Trending News
SII
Sprott
0.9391 of 5 stars
C$81.25
+2.1%
C$77.00
-5.2%
+45.0%C$1.45BC$114.38M31.66170
HUT
Hut 8
N/AC$20.83
-0.3%
N/A+84.5%C$1.39BC$142.55M5.10219
VBNK
VersaBank
1.9261 of 5 stars
C$15.42
-2.4%
C$17.00
+10.2%
+5.1%C$499.00MC$248.46M10.03100
WFC
Wall Financial
N/AC$15.16
+2.8%
N/A-26.2%C$486.57MC$193.65M19.59238,000
PTS
Points.com
N/AN/AN/AN/AC$480.57MC$432.40M169.26240,000
WED
Westaim
0.0159 of 5 stars
C$31.54
-2.1%
C$7.75
-75.4%
+691.0%C$465.98MC$10.20M71.363,240
ML
Millennial Lithium
N/AC$4.04
+2.0%
N/A+0.0%C$395.36MN/A-20.20560Gap Down
GRN
Greenlane Renewables Inc. (GRN.V)
N/AC$2.78
+16.3%
C$0.05
-98.2%
+0.0%C$368.17MC$16.93M-102.9649Gap Up
CARE
Dialogue Health Technologies
N/AN/AN/AN/AC$345.36MC$95.88M-17.13730
CFW
Calfrac Well Services
N/AC$3.36
+2.8%
C$4.63
+37.6%
-16.7%C$287.85MC$1.61B10.26730

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This page (TSE:BITF) was last updated on 6/12/2025 by MarketBeat.com Staff
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