BITCOIN GROUP SE |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 58.2 EUR | -6.28% |
|
-4.59% | +70.93% |
| May. 29 | Nakamoto's coefficient: The ultimate decentralizing weapon? |  |
| May. 16 | ETF Bitcoin Spot in Hong Kong, is it a flop? - Crypto Recap | |
Valuation
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 314.7 | 92.25 | 125.2 | 358.5 | 203.5 | 88.6 |
| Enterprise Value (EV) 1 | 265.9 | 89.7 | 121.1 | 346.8 | 183.7 | 73.86 |
| P/E ratio | 42.2 x | 59.7 x | 58.3 x | 37.7 x | 15.2 x | -36.8 x |
| Yield | - | - | - | - | 0.25% | 0.56% |
| Capitalization / Revenue | 24.9 x | 8.14 x | 19.9 x | 23.8 x | 8.01 x | 10.6 x |
| EV / Revenue | 21 x | 7.91 x | 19.2 x | 23.1 x | 7.24 x | 8.85 x |
| EV / EBITDA | 24.4 x | 36.5 x | 47.2 x | 33.2 x | 9.34 x | -19.8 x |
| EV / FCF | 26.2 x | -42.7 x | 49.4 x | 35.3 x | 12.7 x | -10.3 x |
| FCF Yield | 3.82% | -2.34% | 2.02% | 2.83% | 7.85% | -9.69% |
| Price to Book | 8.24 x | 4.49 x | 4.12 x | 4.47 x | 1.34 x | 1.21 x |
| Nbr of stocks (in thousands) | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 |
| Reference price 2 | 62.94 | 18.45 | 25.05 | 71.70 | 40.70 | 17.72 |
| Announcement Date | 5/11/18 | 5/31/19 | 6/30/20 | 6/15/21 | 5/18/22 | 6/26/23 |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Net sales 1 | 12.65 | 11.33 | 6.298 | 15.03 | 25.39 | 8.344 |
| EBITDA 1 | 10.91 | 2.46 | 2.565 | 10.44 | 19.66 | -3.727 |
| EBIT 1 | 10.89 | 2.432 | 2.539 | 10.39 | 19.6 | -3.77 |
| Operating Margin | 86.07% | 21.46% | 40.31% | 69.14% | 77.17% | -45.18% |
| Earnings before Tax (EBT) 1 | 10.89 | 2.438 | 3.274 | 13.53 | 19.72 | -3.744 |
| Net income 1 | 7.452 | 1.546 | 2.153 | 9.52 | 13.37 | -2.409 |
| Net margin | 58.9% | 13.64% | 34.19% | 63.32% | 52.67% | -28.87% |
| EPS 2 | 1.490 | 0.3092 | 0.4300 | 1.900 | 2.670 | -0.4818 |
| Free Cash Flow 1 | 10.16 | -2.099 | 2.45 | 9.818 | 14.42 | -7.154 |
| FCF margin | 80.31% | -18.52% | 38.9% | 65.3% | 56.79% | -85.74% |
| FCF Conversion (EBITDA) | 93.16% | - | 95.49% | 94.02% | 73.34% | - |
| FCF Conversion (Net income) | 136.34% | - | 113.78% | 103.13% | 107.83% | - |
| Dividend per Share | - | - | - | - | 0.1000 | 0.1000 |
| Announcement Date | 5/11/18 | 5/31/19 | 6/30/20 | 6/15/21 | 5/18/22 | 6/26/23 |
1EUR in Million2EUR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 48.8 | 2.55 | 4.15 | 11.7 | 19.8 | 14.7 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | 10.2 | -2.1 | 2.45 | 9.82 | 14.4 | -7.15 |
| ROE (net income / shareholders' equity) | 33.7% | 5.27% | 8.45% | 17.2% | 11.5% | -2.14% |
| ROA (Net income/ Total Assets) | 22.7% | 3.94% | 4.99% | 8.76% | 7.74% | -1.56% |
| Assets 1 | 32.76 | 39.24 | 43.18 | 108.7 | 172.9 | 154.8 |
| Book Value Per Share 2 | 7.640 | 4.110 | 6.080 | 16.00 | 30.30 | 14.70 |
| Cash Flow per Share 2 | 1.470 | 0.5100 | 0.9400 | 2.400 | 4.060 | 2.980 |
| Capex 1 | 0.05 | 0.01 | 0.09 | 0.04 | 0.05 | 0.02 |
| Capex / Sales | 0.4% | 0.09% | 1.48% | 0.28% | 0.22% | 0.24% |
| Announcement Date | 5/11/18 | 5/31/19 | 6/30/20 | 6/15/21 | 5/18/22 | 6/26/23 |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +70.93% | 316M | |
| +18.42% | 3.16B | |
| +12.82% | 1.77B | |
| +13.91% | 1.59B | |
| -11.54% | 1.21B | |
| +19.42% | 793M | |
| +10.61% | 674M | |
| +30.96% | 561M | |
| -4.17% | 506M | |
| +34.78% | 489M |
- Stock Market
- Equities
- ADE Stock
- Financials Bitcoin Group SE
