Bitdeer Technologies Group (BTDR) versus The Competition Critical Survey

Bitdeer Technologies Group (NASDAQ:BTDR – Get Rating) is one of 712 publicly-traded companies in the “Holding & other investment offices” industry, but how does it weigh in compared to its peers? We will compare Bitdeer Technologies Group to similar businesses based on the strength of its institutional ownership, profitability, risk, earnings, analyst recommendations, valuation and dividends.

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	-15.13%	-5.83%
Bitdeer Technologies Group Competitors	-58.78%	-66.95%	-1.84%

Analyst Ratings

This is a breakdown of current ratings and price targets for Bitdeer Technologies Group and its peers, as provided 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	880	15	2.50

As a group, “Holding & other investment offices” companies have a potential upside of 261.99%. Given Bitdeer Technologies Group’s peers higher possible upside, analysts plainly believe Bitdeer Technologies Group has less favorable growth aspects than its peers.

Risk & Volatility

Bitdeer Technologies Group has a beta of -0.08, indicating 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, indicating that their average stock price is 96% less volatile than the S&P 500.

Valuation and 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	N/A	-$3.92 million	-20.04
Bitdeer Technologies Group Competitors	$1.31 billion	$29.02 million	-3.35

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

Insider and Institutional Ownership

77.0% of Bitdeer Technologies Group shares are owned by institutional investors. Comparatively, 66.9% of shares of all “Holding & other investment offices” companies are owned by institutional investors. 18.5% of shares of all “Holding & other investment offices” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

Bitdeer Technologies Group peers beat Bitdeer Technologies Group on 7 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.