Bitfarms Stock

Bitfarms EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Bitfarms (BITF.TO) as of Sep 8, 2026 is -12.61. In the previous year, EV/EBIT (Enterprise Value to EBIT) was -22.48 — a change of -43.92% (higher).

EV/EBIT

-12.61

YoY

-43.92%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Bitfarms is 2026 -12.61 . EV/EBIT (Enterprise Value to EBIT) of Bitfarms was 2025 -22.48 . It decreases by -43.92% higher compared to the previous year.

The Bitfarms EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/EBIT
Date
EV/EBIT
Jan 1, 2019
1,140.81 USD
Jan 1, 2020
-242.93 USD
Jan 1, 2021
20.73 USD
Jan 1, 2022
-33.65 USD
Jan 1, 2023
-22.48 USD
Jan 1, 2024
-12.61 USD
Jan 1, 2025 (e)
-9.82 USD
Jan 1, 2026 (e)
-5.44 USD
The Bitfarms EV/EBIT history
YEAREV/EBITYoY
est-5.44-44.60%
est-9.82-22.12%
-12.61-43.92%
-22.48-33.18%
-33.65-262.33%
20.73-108.53%
-242.93-121.29%
1,140.81+80.09%
633.48+234.24%
189.53
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Bitfarms Valuation

Details

Historical Valuation Multiples

Price-to-Earnings Ratio (P/E)

The P/E ratio divides Bitfarms's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Bitfarms's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Bitfarms's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Bitfarms grows earnings faster than its peers.

Bitfarms Stock analysis

What does Bitfarms do? Bitfarms Ltd is a Canadian company that was founded in 2017 and operates in the cryptocurrency mining sector. The company's business model involves generating cryptocurrencies with specially designed computers. Bitfarms operates mining facilities in Canada, Iceland, and Russia, where the climatic conditions and energy supply are favorable. Bitfarms specializes in mining Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. The company operates its mining operations exclusively in Canada to ensure a secure and stable power supply and increase security standards. Bitfarms' foundation is a combination of experience and technology. The company has a team of experts in data analysis, hardware and electrical engineering, and finance who work to maximize the potential of the cryptocurrency mining industry. Bitfarms has multiple divisions. The company operates mining facilities in Canada, Iceland, and Russia. The mining facilities in Canada are located in Sherbrooke, Farnham, and Saint-Hyacinthe. Bitfarms also operates its own mining farms and invests in mining equipment. Bitfarms also offers a cloud mining service, allowing customers to rent mining equipment and generate corresponding cryptocurrencies. Bitfarms covers the costs of maintenance and power supply. Customers can choose from various contracts depending on the cryptocurrency they want to generate and the preferred contract duration. Another main offering from Bitfarms is the sale of high-efficiency mining rigs. The company specializes in developing and manufacturing rigs with a high hash rate. These rigs are easy to set up and operate for cryptocurrency generation. Bitfarms has its own production facilities and also offers customized solutions. In recent years, Bitfarms has continuously expanded and grown its business. The company has invested in new technologies and innovative solutions to improve mining efficiency. For example, Bitfarms has developed advanced cooling technology that reduces heat output from mining hardware and lowers energy consumption. Bitfarms has also been involved in several mergers and acquisitions in recent years to strengthen its market position and resources. For example, the company has announced the acquisition of blockchain infrastructure firm Backbone Hosting Solutions Inc. to expand its services in blockchain hosting. Overall, Bitfarms Ltd is a leading company in the cryptocurrency mining industry. The company specializes in the development and operation of mining facilities and offers a wide range of services and products. Bitfarms has continuously invested in improving its technologies and mining efficiency to provide its customers with the best mining experience. Bitfarms is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Bitfarms stock

EV/EBIT (Enterprise Value to EBIT) of Bitfarms is -12.61 in 2026.

EV/EBIT (Enterprise Value to EBIT) of Bitfarms changed from -22.48 to -12.61, representing a -43.92% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Bitfarms since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Bitfarms with sector peers and the industry average to assess whether it is attractive.

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Valuation — Bitfarms

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