Comparing Bitcoin Depot (BTM) and Its Rivals

Bitcoin Depot (NASDAQ:BTM) is one of 107 publicly-traded companies in the “Nondepository credit institutions” industry, but how does it weigh in compared to its rivals? We will compare Bitcoin Depot to similar companies based on the strength of its institutional ownership, earnings, analyst recommendations, valuation, risk, dividends and profitability.

Profitability

This table compares Bitcoin Depot and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Bitcoin Depot	-4.28%	-483.86%	-38.42%
Bitcoin Depot Competitors	-95.53%	-133.00%	-21.05%

Analyst Ratings

This is a summary of recent ratings and target prices for Bitcoin Depot and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bitcoin Depot	0	1	3	0	2.75
Bitcoin Depot Competitors	439	1637	2489	81	2.48

Bitcoin Depot currently has a consensus price target of $5.13, indicating a potential upside of 177.03%. As a group, “Nondepository credit institutions” companies have a potential upside of 8.41%. Given Bitcoin Depot’s stronger consensus rating and higher possible upside, analysts clearly believe Bitcoin Depot is more favorable than its rivals.

Valuation and Earnings

This table compares Bitcoin Depot and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Bitcoin Depot	$688.97 million	-$26.10 million	-1.00
Bitcoin Depot Competitors	$2.69 billion	$385.86 million	1.98

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

Institutional & Insider Ownership

9.2% of Bitcoin Depot shares are held by institutional investors. Comparatively, 33.3% of shares of all “Nondepository credit institutions” companies are held by institutional investors. 20.1% of Bitcoin Depot shares are held by insiders. Comparatively, 22.9% of shares of all “Nondepository credit institutions” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Volatility and Risk

Bitcoin Depot has a beta of -0.33, meaning that its share price is 133% less volatile than the S&P 500. Comparatively, Bitcoin Depot’s rivals have a beta of 5.27, meaning that their average share price is 427% more volatile than the S&P 500.

Summary

Bitcoin Depot rivals beat Bitcoin Depot on 8 of the 12 factors compared.

Bitcoin Depot Company Profile

Bitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade. The company is headquartered in Atlanta, Georgia. Bitcoin Depot Inc. is a subsidiary of BT Assets, Inc.