Comparing BitMine Immersion Technologies (BMNR) and Its Competitors

BitMine Immersion Technologies (NYSE:BMNR) is one of 345 publicly-traded companies in the “Financial Services” industry, but how does it compare to its rivals? We will compare BitMine Immersion Technologies to similar companies based on the strength of its valuation, analyst recommendations, profitability, risk, institutional ownership, dividends and earnings.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for BitMine Immersion Technologies and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
BitMine Immersion Technologies	1	1	2	1	2.60
BitMine Immersion Technologies Competitors	1898	6813	11511	414	2.51

BitMine Immersion Technologies presently has a consensus target price of $30.15, suggesting a potential upside of 20.94%. As a group, “Financial Services” companies have a potential upside of 4.15%. Given BitMine Immersion Technologies’ stronger consensus rating and higher probable upside, research analysts clearly believe BitMine Immersion Technologies is more favorable than its rivals.

Dividends

BitMine Immersion Technologies pays an annual dividend of $0.01 per share and has a dividend yield of 0.0%. BitMine Immersion Technologies pays out 20.0% of its earnings in the form of a dividend. As a group, “Financial Services” companies pay a dividend yield of 3.9% and pay out -86.5% of their earnings in the form of a dividend. BitMine Immersion Technologies lags its rivals as a dividend stock, given its lower dividend yield and higher payout ratio.

Risk & Volatility

BitMine Immersion Technologies has a beta of 1.61, suggesting that its share price is 61% more volatile than the S&P 500. Comparatively, BitMine Immersion Technologies’ rivals have a beta of 2.26, suggesting that their average share price is 126% more volatile than the S&P 500.

Institutional and Insider Ownership

43.0% of shares of all “Financial Services” companies are owned by institutional investors. 0.2% of BitMine Immersion Technologies shares are owned by insiders. Comparatively, 21.9% of shares of all “Financial Services” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Profitability

This table compares BitMine Immersion Technologies and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
BitMine Immersion Technologies	-14,306.56%	3.35%	3.32%
BitMine Immersion Technologies Competitors	-405.72%	-21.94%	-5.68%

Earnings & Valuation

This table compares BitMine Immersion Technologies and its rivals gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
BitMine Immersion Technologies	$6.09 million	$348.58 million	498.60
BitMine Immersion Technologies Competitors	$6.28 billion	$1.07 billion	10.34

BitMine Immersion Technologies’ rivals have higher revenue and earnings than BitMine Immersion Technologies. BitMine Immersion Technologies is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Summary

BitMine Immersion Technologies rivals beat BitMine Immersion Technologies on 9 of the 15 factors compared.

BitMine Immersion Technologies Company Profile

BitMine Immersion Technologies Inc. focused on bitcoin mining using immersion technology. BitMine Immersion Technologies Inc. is based in ATLANTA, GA.