Analyzing Bitdeer Technologies Group (BTDR) and Its Rivals

Bitdeer Technologies Group (NASDAQ:BTDR – Get Rating) is one of 706 public 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 analyst recommendations, dividends, earnings, profitability, institutional ownership, valuation and risk.

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. 18.3% of shares of all “Holding & other investment offices” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

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	N/A	-$3.92 million	-21.42
Bitdeer Technologies Group Competitors	$1.46 billion	$32.16 million	-8.09

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.

Analyst Recommendations

This is a summary of current ratings 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	113	586	864	15	2.49

As a group, “Holding & other investment offices” companies have a potential upside of 70.00%. Given Bitdeer Technologies Group’s peers higher probable upside, analysts plainly believe Bitdeer Technologies Group has less favorable growth aspects than its peers.

Volatility & Risk

Bitdeer Technologies Group has a beta of -0.07, suggesting that its share price is 107% less volatile than the S&P 500. Comparatively, Bitdeer Technologies Group’s peers have a beta of 0.03, suggesting that their average share price is 97% less volatile than the S&P 500.

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%

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.