BitFuFu (FUFU) and Its Peers Critical Comparison

BitFuFu (NASDAQ:FUFU) is one of 111 public companies in the “Nondepository credit institutions” industry, but how does it contrast to its peers? We will compare BitFuFu to similar businesses based on the strength of its earnings, dividends, profitability, risk, analyst recommendations, valuation and institutional ownership.

Insider and Institutional 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, 21.9% of shares of all “Nondepository credit institutions” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares BitFuFu and its peers’ 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%

Earnings and Valuation

This table compares BitFuFu and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
BitFuFu	$463.33 million	$10.49 million	12.63
BitFuFu Competitors	$3.31 billion	$453.49 million	6.23

BitFuFu’s peers have higher revenue and earnings than BitFuFu. BitFuFu is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a summary of recent ratings and price targets for BitFuFu and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
BitFuFu	0	0	1	0	3.00
BitFuFu Competitors	501	1937	3093	119	2.50

BitFuFu currently has a consensus target price of $7.00, indicating a potential upside of 58.37%. As a group, “Nondepository credit institutions” companies have a potential upside of 44.96%. Given BitFuFu’s stronger consensus rating and higher possible upside, research analysts plainly believe BitFuFu is more favorable than its peers.

Risk and Volatility

BitFuFu has a beta of 0.28, indicating that its share price is 72% less volatile than the S&P 500. Comparatively, BitFuFu’s peers have a beta of 5.11, indicating that their average share price is 411% more volatile than the S&P 500.

Summary

BitFuFu beats its peers 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.