Head-To-Head Survey: BitMine Immersion Technologies (BMNR) versus Its Peers

BitMine Immersion Technologies (NYSE:BMNR) is one of 343 publicly-traded companies in the “Financial Services” industry, but how does it compare to its competitors? We will compare BitMine Immersion Technologies to related businesses based on the strength of its analyst recommendations, profitability, institutional ownership, dividends, earnings, valuation and risk.

Profitability

This table compares BitMine Immersion Technologies and its competitors’ 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	-407.42%	-21.88%	-5.62%

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 4.1% and pay out -86.4% of their earnings in the form of a dividend. BitMine Immersion Technologies lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.

Volatility and Risk

BitMine Immersion Technologies has a beta of 1.61, meaning that its stock price is 61% more volatile than the S&P 500. Comparatively, BitMine Immersion Technologies’ competitors have a beta of 2.27, meaning that their average stock price is 127% more volatile than the S&P 500.

Insider & Institutional Ownership

43.2% of shares of all “Financial Services” companies are owned by institutional investors. 0.2% of BitMine Immersion Technologies shares are owned by company insiders. Comparatively, 22.0% of shares of all “Financial Services” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Analyst Recommendations

This is a summary of current ratings for BitMine Immersion Technologies and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
BitMine Immersion Technologies	1	1	3	0	2.40
BitMine Immersion Technologies Competitors	1895	6728	11416	414	2.51

BitMine Immersion Technologies presently has a consensus price target of $46.80, suggesting a potential upside of 86.65%. As a group, “Financial Services” companies have a potential upside of 3.20%. Given BitMine Immersion Technologies’ higher possible upside, research analysts clearly believe BitMine Immersion Technologies is more favorable than its competitors.

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
BitMine Immersion Technologies	$6.09 million	$348.58 million	501.48
BitMine Immersion Technologies Competitors	$6.48 billion	$1.08 billion	9.07

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

Summary

BitMine Immersion Technologies competitors beat BitMine Immersion Technologies on 10 of the 15 factors compared.

About BitMine Immersion Technologies

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