Highlights
- Market Cap
- CA$1.52B
- Enterprise Value
- CA$1.51B
- EPS (TTM)
- -CA$0.23
- Total Revenue (TTM)
- CA$270.06M
- Gross Profit (TTM)
- -CA$7.52M
- EBITDA (TTM)
- CA$19.14M
- Year Range
- CA$0.96 - CA$9.27
- ROA (TTM)
- -16.26%
- ROE (TTM)
- -21.32%
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in Bitfarms Ltd, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
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Different Benchmark Currency
BITF.TO is traded in CAD, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to CAD using the latest available exchange rates.
Returns By Period
Bitfarms Ltd (BITF.TO) has returned -15.48% so far this year and 141.59% over the past 12 months.
Bitfarms Ltd
- 1D
- 6.64%
- 1M
- -9.00%
- YTD
- -15.48%
- 6M
- -30.53%
- 1Y
- 141.59%
- 3Y*
- 28.39%
- 5Y*
- -15.32%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 2.80%
- 1M
- -3.22%
- YTD
- -3.34%
- 6M
- -2.48%
- 1Y
- 12.46%
- 3Y*
- 17.80%
- 5Y*
- 12.48%
- 10Y*
- 12.91%
Monthly Returns
Based on dividend-adjusted daily data since Jul 16, 2019, BITF.TO's average daily return is +0.29%, while the average monthly return is +6.16%. At this rate, your investment would double in approximately 1.0 years.
Historically, 43% of months were positive and 57% were negative. The best month was Dec 2020 with a return of +208.6%, while the worst month was Jun 2022 at -43.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.
On a daily basis, BITF.TO closed higher 44% of trading days. The best single day was Jul 17, 2019 with a return of +80.0%, while the worst single day was Jul 19, 2019 at -33.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.17% | -5.06% | -9.00% | -15.48% | |||||||||
| 2025 | -0.47% | -18.87% | -34.30% | 23.01% | -9.35% | -10.32% | 54.87% | 4.57% | 114.75% | 42.49% | -12.68% | -33.95% | 51.64% |
| 2024 | -19.22% | 25.08% | -22.62% | -18.27% | 25.20% | 14.61% | 2.27% | -19.39% | -2.06% | -5.26% | 14.81% | -31.29% | -44.68% |
| 2023 | 137.50% | -4.51% | 1.57% | 24.03% | 1.25% | 20.99% | 23.98% | -24.28% | -20.65% | 0.68% | 33.33% | 96.43% | 587.50% |
| 2022 | -27.74% | 4.34% | -2.08% | -21.44% | -31.35% | -43.31% | 27.08% | -4.92% | -17.24% | -9.03% | -38.93% | -30.00% | -91.22% |
| 2021 | 33.20% | 77.18% | 8.31% | 3.91% | -21.08% | -7.44% | 6.19% | 44.27% | -27.73% | 16.39% | 55.20% | -34.23% | 155.20% |
Benchmark Metrics
Bitfarms Ltd has an annualized alpha of 62.25%, beta of 1.78, and R² of 0.07 versus S&P 500 Index. Calculated based on daily prices since July 17, 2019.
- This stock captured 520.64% of S&P 500 Index gains and 279.42% of its losses — amplifying both gains and losses, but participating more in upside than downside.
- R² of 0.07 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 62.25%
- Beta
- 1.78
- R²
- 0.07
- Upside Capture
- 520.64%
- Downside Capture
- 279.42%
Return for Risk
Risk / Return Rank
BITF.TO ranks 76 for risk / return — better than 76% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Bitfarms Ltd (BITF.TO) and compare them to a chosen benchmark (S&P 500 Index).
| BITF.TO | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.29 | 0.69 | +0.60 |
Sortino ratioReturn per unit of downside risk | 2.36 | 1.06 | +1.30 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.17 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.71 | 1.14 | +0.57 |
Martin ratioReturn relative to average drawdown | 3.12 | 4.22 | -1.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore BITF.TO risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Bitfarms Ltd. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Bitfarms Ltd was 95.19%, occurring on Dec 28, 2022. The portfolio has not yet recovered.
The current Bitfarms Ltd drawdown is 75.25%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -95.19% | Nov 10, 2021 | 284 | Dec 28, 2022 | — | — | — |
| -92.08% | Jul 18, 2019 | 308 | Oct 7, 2020 | 63 | Jan 8, 2021 | 371 |
| -51.99% | Feb 23, 2021 | 102 | Jul 19, 2021 | 14 | Aug 9, 2021 | 116 |
| -51.81% | Jan 15, 2021 | 9 | Jan 27, 2021 | 14 | Feb 17, 2021 | 23 |
| -39.98% | Aug 12, 2021 | 34 | Sep 29, 2021 | 25 | Nov 4, 2021 | 59 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of Bitfarms Ltd over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Bitfarms Ltd is priced in the market compared to other companies in the Capital Markets industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for BITF.TO relative to other companies in the Capital Markets industry. Currently, BITF.TO has a P/S ratio of 5.6. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for BITF.TO in comparison with other companies in the Capital Markets industry. Currently, BITF.TO has a P/B value of 2.5. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |