Financial Comparison: BitFuFu (FUFU) versus Its Rivals

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

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 insiders. Comparatively, 22.0% of shares of all “Nondepository credit institutions” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
BitFuFu	$463.33 million	$10.49 million	12.37
BitFuFu Competitors	$3.31 billion	$453.49 million	6.03

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 Ratings

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

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
BitFuFu	0	0	1	0	3.00
BitFuFu Competitors	499	1931	3080	118	2.50

BitFuFu presently has a consensus target price of $7.00, suggesting a potential upside of 61.66%. As a group, “Nondepository credit institutions” companies have a potential upside of 52.02%. Given BitFuFu’s stronger consensus rating and higher probable upside, equities analysts clearly believe BitFuFu is more favorable than its peers.

Volatility and Risk

BitFuFu has a beta of 0.28, meaning that its share price is 72% less volatile than the S&P 500. Comparatively, BitFuFu’s peers have a beta of 5.13, meaning that their average share price is 413% more volatile than the S&P 500.

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%

Summary

BitFuFu beats its peers 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.