Bitdeer Technologies Group (BTDR) vs. Its Competitors Critical Review

Bitdeer Technologies Group (NASDAQ:BTDR – Get Rating) is one of 708 publicly-traded companies in the “Holding & other investment offices” industry, but how does it compare to its rivals? We will compare Bitdeer Technologies Group to similar companies based on the strength of its analyst recommendations, institutional ownership, dividends, valuation, earnings, profitability and risk.

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%

Analyst Recommendations

This is a summary of recent recommendations for Bitdeer Technologies Group and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bitdeer Technologies Group	0	0	0	0	N/A
Bitdeer Technologies Group Competitors	113	586	865	15	2.50

As a group, “Holding & other investment offices” companies have a potential upside of 73.35%. Given Bitdeer Technologies Group’s rivals higher probable upside, analysts plainly believe Bitdeer Technologies Group has less favorable growth aspects than its rivals.

Insider & Institutional 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 company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Risk & Volatility

Bitdeer Technologies Group has a beta of -0.08, meaning that its stock price is 108% less volatile than the S&P 500. Comparatively, Bitdeer Technologies Group’s rivals have a beta of 0.03, meaning that their average stock price is 97% less volatile than the S&P 500.

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Bitdeer Technologies Group	N/A	-$3.92 million	-20.54
Bitdeer Technologies Group Competitors	$1.91 billion	$30.31 million	-8.94

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.

Summary

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

About Bitdeer Technologies Group

(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.