WallStSmart

BitFuFu Inc. Class A Ordinary Shares (FUFU)vsGoldman Sachs Group Inc (GS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Goldman Sachs Group Inc generates 12450% more annual revenue ($59.40B vs $473.27M). GS leads profitability with a 28.9% profit margin vs 13.5%. FUFU trades at a lower P/E of 4.0x. GS earns a higher WallStSmart Score of 73/100 (B).

FUFU

Buy

63

out of 100

Grade: C+

Growth: 10.0Profit: 5.5Value: 8.3Quality: 5.0

GS

Strong Buy

73

out of 100

Grade: B

Growth: 8.7Profit: 7.5Value: 10.0Quality: 5.0
Piotroski: 5/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FUFUUndervalued (+85.6%)

Margin of Safety

+85.6%

Fair Value

$18.25

Current Price

$2.00

$16.25 discount

UndervaluedFair: $18.25Overvalued
GSUndervalued (+52.4%)

Margin of Safety

+52.4%

Fair Value

$1768.48

Current Price

$841.84

$926.64 discount

UndervaluedFair: $1768.48Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FUFU5 strengths · Avg: 9.6/10
P/E RatioValuation
4.0x10/10

Attractively priced relative to earnings

Return on EquityProfitability
38.3%10/10

Every $100 of equity generates 38 in profit

Revenue GrowthGrowth
100.0%10/10

Revenue surging 100.0% year-over-year

EPS GrowthGrowth
76.8%10/10

Earnings expanding 76.8% YoY

Price/BookValuation
1.5x8/10

Reasonable price relative to book value

GS6 strengths · Avg: 8.8/10
Market CapQuality
$250.66B10/10

Mega-cap, among the largest globally

Operating MarginProfitability
38.3%10/10

Strong operational efficiency at 38.3%

Profit MarginProfitability
28.9%9/10

Keeps 29 of every $100 in revenue as profit

P/E RatioValuation
16.3x8/10

Attractively priced relative to earnings

Price/BookValuation
2.4x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
15.2%8/10

15.2% revenue growth

Areas to Watch

FUFU2 concerns · Avg: 3.0/10
Market CapQuality
$259.71M3/10

Smaller company, higher risk/reward

Operating MarginProfitability
2.3%3/10

Operating margin of 2.3%

GS1 concerns · Avg: 2.0/10
Free Cash FlowQuality
$-16.81B2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : FUFU

The strongest argument for FUFU centers on P/E Ratio, Return on Equity, Revenue Growth. Revenue growth of 100.0% demonstrates continued momentum.

Bull Case : GS

The strongest argument for GS centers on Market Cap, Operating Margin, Profit Margin. Profitability is solid with margins at 28.9% and operating margin at 38.3%. Revenue growth of 15.2% demonstrates continued momentum.

Bear Case : FUFU

The primary concerns for FUFU are Market Cap, Operating Margin.

Bear Case : GS

The primary concerns for GS are Free Cash Flow.

Key Dynamics to Monitor

GS carries more volatility with a beta of 1.34 — expect wider price swings.

FUFU is growing revenue faster at 100.0% — sustainability is the question.

Monitor CAPITAL MARKETS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

GS scores higher overall (73/100 vs 63/100), backed by strong 28.9% margins and 15.2% revenue growth. FUFU offers better value entry with a 85.6% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

BitFuFu Inc. Class A Ordinary Shares

FINANCIAL SERVICES · CAPITAL MARKETS · USA

BitFuFu Inc. (FUFU) is a leading force in the cryptocurrency mining industry, offering advanced infrastructure and services specifically tailored for digital asset mining. By leveraging cutting-edge technology and forming strategic partnerships, the company delivers high-performance solutions that cater to both individual miners and institutional investors. With a strong commitment to sustainability, BitFuFu prioritizes energy efficiency and operational optimization, reinforcing its competitive edge in the rapidly evolving blockchain sector. As the demand for cryptocurrency-related services escalates, BitFuFu's innovative strategies and resilient business model position it for significant growth and success in this dynamic market.

Goldman Sachs Group Inc

FINANCIAL SERVICES · CAPITAL MARKETS · USA

The Goldman Sachs Group, Inc., is an American multinational investment bank and financial services company headquartered in New York City. It offers services in investment management, securities, asset management, prime brokerage, and securities underwriting. It also provides investment banking to institutional investors.

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