Financial Contrast: BitFuFu (FUFU) and Its Competitors

BitFuFu (NASDAQ:FUFU) is one of 959 public companies in the “Software” industry, but how does it contrast to its competitors? We will compare BitFuFu to similar companies based on the strength of its profitability, dividends, earnings, institutional ownership, risk, analyst recommendations and valuation.

Valuation & Earnings

This table compares BitFuFu and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
BitFuFu	$475.77 million	-$31.25 million	-1.08
BitFuFu Competitors	$1.79 billion	$382.68 million	112.19

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

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for BitFuFu and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
BitFuFu	1	1	2	1	2.60
BitFuFu Competitors	5840	21618	45011	1501	2.57

BitFuFu presently has a consensus target price of $5.00, indicating a potential upside of 450.12%. As a group, “Software” companies have a potential upside of 28.40%. Given BitFuFu’s stronger consensus rating and higher probable upside, equities analysts clearly believe BitFuFu is more favorable than its competitors.

Insider & Institutional Ownership

37.3% of BitFuFu shares are owned by institutional investors. Comparatively, 41.5% of shares of all “Software” companies are owned by institutional investors. 35.0% of BitFuFu shares are owned by insiders. Comparatively, 19.9% of shares of all “Software” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares BitFuFu and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
BitFuFu	-36.00%	-18.05%	-7.46%
BitFuFu Competitors	-599.60%	26.31%	-8.93%

Risk and Volatility

BitFuFu has a beta of 0.47, meaning that its share price is 53% less volatile than the S&P 500. Comparatively, BitFuFu’s competitors have a beta of 1.35, meaning that their average share price is 35% more volatile than the S&P 500.

Summary

BitFuFu competitors beat BitFuFu on 7 of the 13 factors compared.

BitFuFu Company Profile

BitFuFu Inc. is a digital asset mining company that provides services and infrastructure for Bitcoin mining. Its business includes self-mining, hosting services for mining equipment, cloud-mining contracts and the sale of mining equipment. The company serves customers through mining operations and service offerings in multiple geographies. Its cloud-mining platform allows customers to access Bitcoin mining capacity without operating their own mining hardware. BitFuFu was established in 2020 and is headquartered in Singapore.