Head-To-Head Survey: BitMine Immersion Technologies (BMNR) and Its Peers
by Scott Moore · The Cerbat GemBitMine Immersion Technologies (NYSE:BMNR – Get Free Report) is one of 343 public companies in the “Financial Services” industry, but how does it weigh in compared to its peers? We will compare BitMine Immersion Technologies to related businesses based on the strength of its earnings, valuation, dividends, institutional ownership, analyst recommendations, risk and profitability.
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 insiders. Comparatively, 22.0% of shares of all “Financial Services” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Profitability
This table compares BitMine Immersion Technologies and its peers’ 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% |
Earnings & Valuation
This table compares BitMine Immersion Technologies and its peers gross revenue, earnings per share 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’ peers have higher revenue and earnings than BitMine Immersion Technologies. BitMine Immersion Technologies is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
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 peers 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, indicating that its share price is 61% more volatile than the S&P 500. Comparatively, BitMine Immersion Technologies’ peers have a beta of 2.27, indicating that their average share price is 127% more volatile than the S&P 500.
Analyst Ratings
This is a summary of current recommendations for BitMine Immersion Technologies and its peers, 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 probable upside, equities research analysts clearly believe BitMine Immersion Technologies is more favorable than its peers.
Summary
BitMine Immersion Technologies peers 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.