Reviewing Bitdeer Technologies Group (BTDR) & The Competition

Bitdeer Technologies Group (NASDAQ:BTDR – Get Rating) is one of 712 public companies in the “Holding & other investment offices” industry, but how does it weigh in compared to its rivals? We will compare Bitdeer Technologies Group to related companies based on the strength of its analyst recommendations, dividends, earnings, valuation, risk, profitability and institutional ownership.

Profitability

This table compares Bitdeer Technologies Group and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Bitdeer Technologies Group	N/A	-15.13%	-5.83%
Bitdeer Technologies Group Competitors	-58.78%	-66.95%	-1.84%

Valuation & Earnings

This table compares Bitdeer Technologies Group and its rivals gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Bitdeer Technologies Group	N/A	-$3.92 million	-20.04
Bitdeer Technologies Group Competitors	$1.31 billion	$29.02 million	-3.35

Bitdeer Technologies Group’s rivals have higher revenue and earnings than Bitdeer Technologies Group. Bitdeer Technologies Group is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Volatility & Risk

Bitdeer Technologies Group has a beta of -0.08, suggesting that its share price is 108% less volatile than the S&P 500. Comparatively, Bitdeer Technologies Group’s rivals have a beta of 0.04, suggesting that their average share price is 96% less volatile than the S&P 500.

Analyst Ratings

This is a summary of current recommendations and price targets for Bitdeer Technologies Group and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bitdeer Technologies Group	0	0	0	0	N/A
Bitdeer Technologies Group Competitors	114	591	880	15	2.50

As a group, “Holding & other investment offices” companies have a potential upside of 261.99%. Given Bitdeer Technologies Group’s rivals higher possible upside, analysts clearly believe Bitdeer Technologies Group has less favorable growth aspects than its rivals.

Institutional and Insider Ownership

77.0% of Bitdeer Technologies Group shares are held by institutional investors. Comparatively, 66.9% of shares of all “Holding & other investment offices” companies are held by institutional investors. 18.5% of shares of all “Holding & other investment offices” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

Bitdeer Technologies Group rivals beat Bitdeer Technologies Group on 7 of the 10 factors compared.

Bitdeer Technologies Group Company Profile

(Get Rating)

Blue Safari Group Acquisition Corp. is a blank check company. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses. Blue Safari Group Acquisition Corp. is based in Central, Hong Kong.