Reviewing BTC Digital (BTCT) & Its Peers

BTC Digital (NASDAQ:BTCT) is one of 153 publicly-traded companies in the “FIN – MISC SVCS” industry, but how does it contrast to its competitors? We will compare BTC Digital to related businesses based on the strength of its valuation, analyst recommendations, earnings, dividends, profitability, risk and institutional ownership.

Institutional & Insider Ownership

7.3% of BTC Digital shares are owned by institutional investors. Comparatively, 42.2% of shares of all “FIN – MISC SVCS” companies are owned by institutional investors. 0.2% of BTC Digital shares are owned by company insiders. Comparatively, 20.2% of shares of all “FIN – MISC SVCS” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Risk & Volatility

BTC Digital has a beta of 5.08, suggesting that its share price is 408% more volatile than the S&P 500. Comparatively, BTC Digital’s competitors have a beta of 5.46, suggesting that their average share price is 446% more volatile than the S&P 500.

Valuation & Earnings

This table compares BTC Digital and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
BTC Digital	$11.68 million	-$1.99 million	-1.88
BTC Digital Competitors	$17.78 billion	$307.96 million	6.07

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

Profitability

This table compares BTC Digital and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
BTC Digital	N/A	N/A	N/A
BTC Digital Competitors	-7.50%	-0.06%	-1.97%

Analyst Ratings

This is a summary of recent recommendations and price targets for BTC Digital and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
BTC Digital	1	0	0	0	1.00
BTC Digital Competitors	860	3009	4494	185	2.47

As a group, “FIN – MISC SVCS” companies have a potential upside of 18.06%. Given BTC Digital’s competitors stronger consensus rating and higher probable upside, analysts plainly believe BTC Digital has less favorable growth aspects than its competitors.

Summary

BTC Digital competitors beat BTC Digital on 10 of the 13 factors compared.

About BTC Digital

BTC Digital Ltd. a crypto asset technology company engages in bitcoin mining business. It is also involved in mining machines resale and rental business. The company was formerly known as Meten Holding Group Ltd. and changed its name to BTC Digital Ltd. in August 2023. The company was founded in 2006 and is headquartered in Shenzhen, China.