Analyzing Bitcoin Depot (BTM) & Its Rivals

Bitcoin Depot (NASDAQ:BTM) is one of 107 public companies in the “Nondepository credit institutions” industry, but how does it weigh in compared to its rivals? We will compare Bitcoin Depot to similar companies based on the strength of its risk, analyst recommendations, institutional ownership, profitability, valuation, earnings and dividends.

Earnings and Valuation

This table compares Bitcoin Depot and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Bitcoin Depot	$688.97 million	-$26.10 million	-0.91
Bitcoin Depot Competitors	$2.68 billion	$387.75 million	2.31

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

Institutional & Insider Ownership

9.2% of Bitcoin Depot shares are owned by institutional investors. Comparatively, 33.3% of shares of all “Nondepository credit institutions” companies are owned by institutional investors. 20.1% of Bitcoin Depot shares are owned by company insiders. Comparatively, 22.9% of shares of all “Nondepository credit institutions” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Profitability

This table compares Bitcoin Depot and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Bitcoin Depot	-4.28%	-483.86%	-38.42%
Bitcoin Depot Competitors	-67.34%	-133.63%	-12.42%

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Bitcoin Depot and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bitcoin Depot	0	1	3	0	2.75
Bitcoin Depot Competitors	442	1647	2518	83	2.48

Bitcoin Depot presently has a consensus price target of $5.13, indicating a potential upside of 199.71%. As a group, “Nondepository credit institutions” companies have a potential upside of 11.52%. Given Bitcoin Depot’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Bitcoin Depot is more favorable than its rivals.

Risk & Volatility

Bitcoin Depot has a beta of -0.35, meaning that its stock price is 135% less volatile than the S&P 500. Comparatively, Bitcoin Depot’s rivals have a beta of 4.64, meaning that their average stock price is 364% more volatile than the S&P 500.

Summary

Bitcoin Depot rivals beat Bitcoin Depot on 9 of the 13 factors compared.

About Bitcoin Depot

Bitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade. The company is headquartered in Atlanta, Georgia. Bitcoin Depot Inc. is a subsidiary of BT Assets, Inc.