BitFuFu (NASDAQ:FUFU – Get Free Report) is one of 111 public companies in the “Nondepository credit institutions” industry, but how does it compare to its competitors? We will compare BitFuFu to similar companies based on the strength of its analyst recommendations, profitability, valuation, risk, earnings, dividends and institutional ownership.
Analyst Recommendations
This is a breakdown of current recommendations and price targets for BitFuFu and its competitors, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
BitFuFu | 0 | 0 | 1 | 0 | 3.00 |
BitFuFu Competitors | 500 | 1935 | 3090 | 118 | 2.50 |
BitFuFu currently has a consensus target price of $7.00, indicating a potential upside of 62.79%. As a group, “Nondepository credit institutions” companies have a potential upside of 42.12%. Given BitFuFu’s stronger consensus rating and higher possible upside, analysts clearly believe BitFuFu is more favorable than its competitors.
Profitability
Net Margins | Return on Equity | Return on Assets | |
BitFuFu | 8.17% | 40.15% | 13.55% |
BitFuFu Competitors | -95.01% | -19.90% | -3.72% |
Valuation and Earnings
This table compares BitFuFu and its competitors revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
BitFuFu | $463.33 million | $10.49 million | 12.29 |
BitFuFu Competitors | $3.31 billion | $453.49 million | 6.20 |
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.
Risk and Volatility
BitFuFu has a beta of 0.28, meaning that its share price is 72% less volatile than the S&P 500. Comparatively, BitFuFu’s competitors have a beta of 5.13, meaning that their average share price is 413% more volatile than the S&P 500.
Institutional and Insider Ownership
37.3% of BitFuFu shares are held by institutional investors. Comparatively, 34.5% of shares of all “Nondepository credit institutions” companies are held by institutional investors. 35.0% of BitFuFu shares are held by company insiders. Comparatively, 22.0% of shares of all “Nondepository credit institutions” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Summary
BitFuFu beats its competitors on 9 of the 13 factors compared.
About BitFuFu
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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