Magic Empire Global (NASDAQ:MEGL – Get Free Report) and Bitfarms (NASDAQ:BITF – Get Free Report) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, profitability, valuation, institutional ownership, earnings, risk and dividends.
Risk & Volatility
Magic Empire Global has a beta of 2.89, meaning that its stock price is 189% more volatile than the S&P 500. Comparatively, Bitfarms has a beta of 3.68, meaning that its stock price is 268% more volatile than the S&P 500.
Earnings and Valuation
This table compares Magic Empire Global and Bitfarms’ top-line revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Magic Empire Global | $13.79 million | 0.68 | -$60,000.00 | N/A | N/A |
Bitfarms | $172.70 million | 5.29 | -$104.04 million | ($0.38) | -5.87 |
Insider & Institutional Ownership
0.5% of Magic Empire Global shares are held by institutional investors. Comparatively, 20.6% of Bitfarms shares are held by institutional investors. 63.0% of Magic Empire Global shares are held by insiders. Comparatively, 9.5% of Bitfarms shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Analyst Ratings
This is a breakdown of recent ratings and recommmendations for Magic Empire Global and Bitfarms, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Magic Empire Global | 0 | 0 | 0 | 0 | N/A |
Bitfarms | 0 | 1 | 4 | 0 | 2.80 |
Bitfarms has a consensus price target of $3.66, indicating a potential upside of 64.13%. Given Bitfarms’ higher probable upside, analysts clearly believe Bitfarms is more favorable than Magic Empire Global.
Profitability
This table compares Magic Empire Global and Bitfarms’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Magic Empire Global | N/A | N/A | N/A |
Bitfarms | -64.06% | -19.24% | -16.04% |
Summary
Bitfarms beats Magic Empire Global on 6 of the 11 factors compared between the two stocks.
About Magic Empire Global
Magic Empire Global Limited engages in the provision of corporate finance advisory services and underwriting services in Hong Kong. The company provides initial public offering sponsorship, financial and independent financial advisory, post-listing compliance advisory, and underwriting services by acting as global coordinator, bookrunner, lead manager, or underwriter. It also offers corporate services, which include accounting and financial reporting advisory, company secretarial services, internal control enhancement, investor relations advisory, and other consulting services. The company was incorporated in 2016 and is headquartered in Central, Hong Kong.
About Bitfarms
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is based in Toronto, Canada.
Receive News & Ratings for Magic Empire Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Magic Empire Global and related companies with MarketBeat.com's FREE daily email newsletter.