Critical Survey: Bitdeer Technologies Group (BTDR) and Its Competitors

Bitdeer Technologies Group (NASDAQ:BTDR – Get Rating) is one of 715 publicly-traded companies in the “Holding & other investment offices” industry, but how does it compare to its peers? We will compare Bitdeer Technologies Group to related companies based on the strength of its risk, institutional ownership, valuation, earnings, dividends, profitability and analyst recommendations.

Analyst Ratings

This is a breakdown of current ratings and price targets for Bitdeer Technologies Group and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bitdeer Technologies Group	0	0	0	0	N/A
Bitdeer Technologies Group Competitors	114	591	882	15	2.50

As a group, “Holding & other investment offices” companies have a potential upside of 317.69%. Given Bitdeer Technologies Group’s peers higher probable upside, analysts clearly believe Bitdeer Technologies Group has less favorable growth aspects than its peers.

Valuation & Earnings

This table compares Bitdeer Technologies Group and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Bitdeer Technologies Group	$333.34 million	-$3.92 million	-10.67
Bitdeer Technologies Group Competitors	$1.36 billion	$3.26 million	-11.53

Bitdeer Technologies Group’s peers have higher revenue and earnings than Bitdeer Technologies Group. Bitdeer Technologies Group 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.

Profitability

This table compares Bitdeer Technologies Group and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Bitdeer Technologies Group	N/A	N/A	-7.96%
Bitdeer Technologies Group Competitors	-46.60%	-66.84%	-1.60%

Volatility and Risk

Bitdeer Technologies Group has a beta of -0.08, meaning that its stock price is 108% less volatile than the S&P 500. Comparatively, Bitdeer Technologies Group’s peers have a beta of 0.04, meaning that their average stock price is 96% less volatile than the S&P 500.

Institutional and Insider Ownership

77.0% of Bitdeer Technologies Group shares are owned by institutional investors. Comparatively, 66.7% of shares of all “Holding & other investment offices” companies are owned by institutional investors. 18.7% of shares of all “Holding & other investment offices” companies 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

Bitdeer Technologies Group peers beat Bitdeer Technologies Group on 6 of the 10 factors compared.

About Bitdeer Technologies Group

(Get Rating)

Blue Safari Group Acquisition Corp. is a blank check company. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses. Blue Safari Group Acquisition Corp. is based in Central, Hong Kong.