DeFi Technologies (DEFTF) & Its Competitors Financial Analysis

DeFi Technologies (OTC:DEFTF) is one of 109 publicly-traded companies in the “Metal mining” industry, but how does it compare to its peers? We will compare DeFi Technologies to related companies based on the strength of its profitability, valuation, institutional ownership, analyst recommendations, earnings, risk and dividends.

Earnings and Valuation

This table compares DeFi Technologies and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
DeFi Technologies	$7.67 million	-$15.03 million	-21.29
DeFi Technologies Competitors	$6.85 billion	$993.32 million	-3.37

DeFi Technologies’ peers have higher revenue and earnings than DeFi Technologies. DeFi Technologies 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.

Institutional & Insider Ownership

27.6% of shares of all “Metal mining” companies are held by institutional investors. 13.0% of shares of all “Metal mining” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
DeFi Technologies	N/A	-31.50%	-1.18%
DeFi Technologies Competitors	-88.65%	-5.32%	-4.49%

Analyst Ratings

This is a breakdown of recent ratings and target prices for DeFi Technologies and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
DeFi Technologies	0	0	0	0	N/A
DeFi Technologies Competitors	1177	2551	3108	119	2.31

As a group, “Metal mining” companies have a potential upside of 57.36%. Given DeFi Technologies’ peers higher possible upside, analysts clearly believe DeFi Technologies has less favorable growth aspects than its peers.

Summary

DeFi Technologies peers beat DeFi Technologies on 7 of the 9 factors compared.

DeFi Technologies Company Profile

DeFi Technologies Inc., a technology company, develops and lists exchange traded products in Canada, Bermuda, and the Cayman Islands. The company provides asset management services, such as investment vehicles, indirect exposure to underlying cryptocurrencies, digital asset indexes, and other decentralized finance instruments. It also participates in decentralized blockchain networks by processing data transactions that contribute to network security and stability, governance, and transaction validation. In addition, the company invests in decentralized finance companies in early-stage ventures. Further, it offers node management of decentralized protocols to support governance, security, and transaction validation for their networks. The company was formerly known as Valour Inc. and changed its name to DeFi Technologies Inc. in July 2023. DeFi Technologies Inc. was incorporated in 1986 and is headquartered in Toronto, Canada.