WallStSmart

Bitfarms Ltd (BITF)vsTradeweb Markets Inc (TW)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Tradeweb Markets Inc generates 642% more annual revenue ($2.05B vs $276.41M). TW leads profitability with a 39.6% profit margin vs -46.4%. TW earns a higher WallStSmart Score of 67/100 (B-).

BITF

Avoid

33

out of 100

Grade: F

Growth: 6.0Profit: 2.0Value: 5.0Quality: 8.5
Piotroski: 3/9Altman Z: 5.70

TW

Strong Buy

67

out of 100

Grade: B-

Growth: 8.0Profit: 8.5Value: 7.3Quality: 7.8
Piotroski: 5/9Altman Z: 5.64
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for BITF.

TWUndervalued (+34.8%)

Margin of Safety

+34.8%

Fair Value

$176.44

Current Price

$119.95

$56.49 discount

UndervaluedFair: $176.44Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BITF4 strengths · Avg: 9.3/10
Revenue GrowthGrowth
155.8%10/10

Revenue surging 155.8% year-over-year

Altman Z-ScoreHealth
5.7010/10

Safe zone — low bankruptcy risk

Debt/EquityHealth
0.129/10

Conservative balance sheet, low leverage

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

TW4 strengths · Avg: 10.0/10
Profit MarginProfitability
39.6%10/10

Keeps 40 of every $100 in revenue as profit

Operating MarginProfitability
42.4%10/10

Strong operational efficiency at 42.4%

EPS GrowthGrowth
128.8%10/10

Earnings expanding 128.8% YoY

Altman Z-ScoreHealth
5.6410/10

Safe zone — low bankruptcy risk

Areas to Watch

BITF4 concerns · Avg: 3.0/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$1.33B3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Return on EquityProfitability
-12.5%2/10

ROE of -12.5% — below average capital efficiency

TW2 concerns · Avg: 3.0/10
P/E RatioValuation
32.7x4/10

Premium valuation, high expectations priced in

PEG RatioValuation
2.972/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : BITF

The strongest argument for BITF centers on Revenue Growth, Altman Z-Score, Debt/Equity. Revenue growth of 155.8% demonstrates continued momentum.

Bull Case : TW

The strongest argument for TW centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 39.6% and operating margin at 42.4%. Revenue growth of 12.5% demonstrates continued momentum.

Bear Case : BITF

The primary concerns for BITF are EPS Growth, Market Cap, Piotroski F-Score.

Bear Case : TW

The primary concerns for TW are P/E Ratio, PEG Ratio.

Key Dynamics to Monitor

BITF profiles as a hypergrowth stock while TW is a mature play — different risk/reward profiles.

BITF carries more volatility with a beta of 4.09 — expect wider price swings.

BITF is growing revenue faster at 155.8% — sustainability is the question.

TW generates stronger free cash flow (337M), providing more financial flexibility.

Bottom Line

TW scores higher overall (67/100 vs 33/100), backed by strong 39.6% margins and 12.5% revenue growth. Both earn "Strong Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Bitfarms Ltd

FINANCIAL SERVICES · CAPITAL MARKETS · USA

Bitfarms Ltd (BITF) is a prominent blockchain infrastructure company specializing in cryptocurrency mining, dedicated to environmentally sustainable operations through the use of low-cost, renewable energy across its North American facilities. This focus on renewable energy not only boosts operational efficiency but also scales its digital asset production capabilities, aligning with growing institutional demand in the cryptocurrency sector. As the market evolves, Bitfarms is strategically positioned to leverage emerging opportunities while maintaining robust security and regulatory compliance, establishing its relevance as a key player in the rapidly changing crypto landscape.

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Tradeweb Markets Inc

FINANCIAL SERVICES · CAPITAL MARKETS · USA

Tradeweb Markets Inc. creates and operates electronic marketplaces in the Americas, Europe, the Middle East, Africa, Asia Pacific and internationally.

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