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Review of Bitdeer Technologies Group (NASDAQ:BTDR) and RocketFuel Blockchain (OTCMKTS:RKFL)
Bitdeer Technologies Group (NASDAQ:BTC – Get a free report) and RocketFuel Blockchain (OTCMKTS:RKFL – Get a free report) are both small-cap corporate services companies, but which is the better investment? We will compare the two companies based on their risk strength, institutional ownership, profitability, earnings, valuation, analyst recommendations, and dividends.
Institutional and internal ownership
22.3% of Bitdeer Technologies Group shares are owned by institutional investors. Comparatively, 7.2% of RocketFuel Blockchain shares are owned by institutional investors. 28.7% of RocketFuel Blockchain shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds, and large money managers believe a company is poised for long-term growth.
Analysts’ Recommendations
This is a summary of the current recommendations and price targets for Bitdeer Technologies Group and RocketFuel Blockchain, as reported by MarketBeat.com.
| Sales Ratings | Keep ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Bitdeer Technologies Group | 0 | 0 | 7 | 1 | 3.13 |
| RocketFuel Blockchain | 0 | 0 | 0 | 0 | N/A |
Bitdeer Technologies Group currently has a consensus price target of $14.19, suggesting a potential upside of 29.15%. Given the potential higher upside of Bitdeer Technologies Group, equity analysts clearly believe Bitdeer Technologies Group is more favorable than RocketFuel Blockchain.
Earnings and Valuation
This table compares the gross revenue, earnings per share, and valuation of Bitdeer Technologies Group and RocketFuel Blockchain.
| Gross Income | Price/sales ratio | Net income | Earning per share | Price/Earnings Ratio | |
| Bitdeer Technologies Group | $368.55 million | 3.34 | -$56.66 million | ($0.41) | -26.79 |
| RocketFuel Blockchain | $200,000.00 | 2.94 | -$3.78 million | ($0.12) | -0.15 |
RocketFuel Blockchain has lower revenue but higher earnings than Bitdeer Technologies Group. Bitdeer Technologies Group is trading at a lower price-to-earnings ratio than RocketFuel Blockchain, indicating that it is currently the cheaper stock of the two.
Profitability
This table compares the net margins, return on equity, and return on assets of Bitdeer Technologies Group and RocketFuel Blockchain.
| Net margins | Return on equity | Return on assets | |
| Bitdeer Technologies Group | -11.21% | -3.98% | -2.09% |
| RocketFuel Blockchain | N/A | N/A | N/A |
Volatility and risk
Bitdeer Technologies Group has a beta of 1.96, which suggests that its stock price is 96% more volatile than the S&P 500. Comparatively, RocketFuel Blockchain has a beta of 0.26, which suggests that its stock price is 74% less volatile than the S&P 500.
Summary
Bitdeer Technologies Group outperforms RocketFuel Blockchain in 7 of 13 factors compared between the two stocks.
About Bitdeer Technologies Group
Bitdeer Technologies Group operates as a blockchain and computing technology company. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and one-stop mining machine hosting solutions that include deployment, maintenance, and management services for efficient cryptocurrency mining; in addition to mining cryptocurrency on its own. The company also operates mining data centers to generate hash rate; manages various processes involved in computing, such as equipment procurement, transportation logistics, data center design and construction, equipment management, and daily operations; and sells mining machines. The company is headquartered in Singapore.
About RocketFuel Blockchain
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