Financial Analysis: Gryphon Digital Mining (GRYP) & The Competition

Gryphon Digital Mining (NASDAQ:GRYP) is one of 95 public companies in the “Nondepository credit institutions” industry, but how does it compare to its peers? We will compare Gryphon Digital Mining to related companies based on the strength of its profitability, valuation, analyst recommendations, dividends, earnings, institutional ownership and risk.

Volatility and Risk

Gryphon Digital Mining has a beta of 2.85, meaning that its stock price is 185% more volatile than the S&P 500. Comparatively, Gryphon Digital Mining’s peers have a beta of 5.65, meaning that their average stock price is 465% more volatile than the S&P 500.

Profitability

This table compares Gryphon Digital Mining and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Gryphon Digital Mining	-339.99%	N/A	-113.03%
Gryphon Digital Mining Competitors	-3.23%	-92.99%	-3.40%

Valuation & Earnings

This table compares Gryphon Digital Mining and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Gryphon Digital Mining	$21.72 million	-$79.06 million	-0.01
Gryphon Digital Mining Competitors	$3.50 billion	$441.55 million	20.82

Gryphon Digital Mining’s peers have higher revenue and earnings than Gryphon Digital Mining. Gryphon Digital Mining 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.

Insider & Institutional Ownership

10.2% of Gryphon Digital Mining shares are owned by institutional investors. Comparatively, 35.3% of shares of all “Nondepository credit institutions” companies are owned by institutional investors. 1.2% of Gryphon Digital Mining shares are owned by insiders. Comparatively, 22.3% of shares of all “Nondepository credit institutions” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of recent ratings and price targets for Gryphon Digital Mining and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Gryphon Digital Mining	0	0	0	0	N/A
Gryphon Digital Mining Competitors	402	1556	2296	72	2.47

As a group, “Nondepository credit institutions” companies have a potential downside of 5.81%. Given Gryphon Digital Mining’s peers higher probable upside, analysts plainly believe Gryphon Digital Mining has less favorable growth aspects than its peers.

Summary

Gryphon Digital Mining peers beat Gryphon Digital Mining on 9 of the 10 factors compared.

About Gryphon Digital Mining

Gryphon Digital Mining is an innovative venture in the bitcoin space. Gryphon Digital Mining, formerly known as Akerna Corp., is based in DENVER.