Bitfarms vs HIVE Blockchain Technologies Which Outperforms?

Bitfarms and HIVE Blockchain Technologies are both Canadian-based companies operating in the cryptocurrency mining space. Bitfarms focuses on mining Bitcoin and other digital currencies, while HIVE mines primarily Ethereum. Both companies have seen significant growth in recent years as the popularity of cryptocurrencies continues to rise. Investors interested in the blockchain sector should consider the unique offerings and growth potential of each company before making any investment decisions.

Bitfarms or HIVE Blockchain Technologies?

When comparing Bitfarms and HIVE Blockchain Technologies, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Bitfarms and HIVE Blockchain Technologies.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. Bitfarms has a dividend yield of -%, while HIVE Blockchain Technologies has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Bitfarms reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, HIVE Blockchain Technologies reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Bitfarms P/E ratio at -7.08 and HIVE Blockchain Technologies's P/E ratio at -30.94. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Bitfarms P/B ratio is 1.77 while HIVE Blockchain Technologies's P/B ratio is 1.64.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Bitfarms has seen a 5-year revenue growth of -0.06%, while HIVE Blockchain Technologies's is 5.25%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Bitfarms's ROE at -31.13% and HIVE Blockchain Technologies's ROE at -5.96%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $2.00 for Bitfarms and $3.84 for HIVE Blockchain Technologies. Over the past year, Bitfarms's prices ranged from $1.52 to $3.91, with a yearly change of 157.24%. HIVE Blockchain Technologies's prices fluctuated between $2.18 and $5.74, with a yearly change of 163.30%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.