BTGO (NYSE:BTGO) vs. TriplePoint Venture Growth BDC (NYSE:TPVG) Head to Head Analysis

TriplePoint Venture Growth BDC (NYSE:TPVG) and BTGO (NYSE:BTGO) are both small-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, risk, institutional ownership, earnings, analyst recommendations, profitability and valuation.

Analyst Ratings

This is a summary of recent recommendations and price targets for TriplePoint Venture Growth BDC and BTGO, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TriplePoint Venture Growth BDC	2	4	0	0	1.67
BTGO	1	3	10	1	2.73

TriplePoint Venture Growth BDC presently has a consensus price target of $5.25, indicating a potential upside of 1.65%. BTGO has a consensus price target of $12.77, indicating a potential upside of 66.96%. Given BTGO’s stronger consensus rating and higher possible upside, analysts clearly believe BTGO is more favorable than TriplePoint Venture Growth BDC.

Earnings and Valuation

This table compares TriplePoint Venture Growth BDC and BTGO”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
TriplePoint Venture Growth BDC	$90.93 million	2.31	$49.21 million	$0.99	5.22
BTGO	$16.15 billion	0.06	-$14.78 million	($1.45)	-5.28

TriplePoint Venture Growth BDC has higher earnings, but lower revenue than BTGO. BTGO is trading at a lower price-to-earnings ratio than TriplePoint Venture Growth BDC, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares TriplePoint Venture Growth BDC and BTGO’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
TriplePoint Venture Growth BDC	44.58%	10.68%	4.58%
BTGO	N/A	N/A	N/A

Insider & Institutional Ownership

12.8% of TriplePoint Venture Growth BDC shares are owned by institutional investors. 1.5% of TriplePoint Venture Growth BDC shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

TriplePoint Venture Growth BDC beats BTGO on 9 of the 14 factors compared between the two stocks.

About TriplePoint Venture Growth BDC

TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company’s total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.

About BTGO

BitGo Holdings Inc. is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins and settlement services from regulated cold storage. BitGo Holdings Inc. is based in NEW YORK.