BitVentures Ltd (BVC)

Investment Advice

Latest Price

$14.49

TTM P/E

Normalized P/E

TTM Div Yield

Fwd Div Yield

Book Value

1.64

P/B Ratio

8.82

Valuation metrics

EPS: $0.41

Book value / share: $1.64

Formula: √(22.5 × EPS × BVPS)

Graham Number

$3.89

74% downside

Norm. op. income: $98M (median of 6yr)

Tax rate: 34%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$78.45

+431% upside

Base FCF: $26M (median of recent 3yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$54.08

+266% upside

EPS: $0.41

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$6.15

58% downside