Bitfarms (NASDAQ:BITF – Get Free Report) and EverCommerce (NASDAQ:EVCM – Get Free Report) are both small-cap technology companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, dividends, institutional ownership, analyst recommendations, risk, profitability and earnings.
Volatility and Risk
Bitfarms has a beta of 3.77, indicating that its share price is 277% more volatile than the S&P 500. Comparatively, EverCommerce has a beta of 0.63, indicating that its share price is 37% less volatile than the S&P 500.
Profitability
This table compares Bitfarms and EverCommerce’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Bitfarms | -48.26% | -4.48% | -3.71% |
| EverCommerce | 5.69% | 3.95% | 2.06% |
Earnings & Valuation
This table compares Bitfarms and EverCommerce”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Bitfarms | $229.28 million | 5.15 | -$138.65 million | ($0.23) | -8.52 |
| EverCommerce | $588.91 million | 2.30 | $17.60 million | $0.15 | 51.03 |
EverCommerce has higher revenue and earnings than Bitfarms. Bitfarms is trading at a lower price-to-earnings ratio than EverCommerce, indicating that it is currently the more affordable of the two stocks.
Analyst Ratings
This is a breakdown of current ratings and price targets for Bitfarms and EverCommerce, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Bitfarms | 1 | 1 | 2 | 0 | 2.25 |
| EverCommerce | 3 | 5 | 2 | 0 | 1.90 |
Bitfarms currently has a consensus target price of $3.90, indicating a potential upside of 98.98%. EverCommerce has a consensus target price of $8.42, indicating a potential upside of 9.95%. Given Bitfarms’ stronger consensus rating and higher possible upside, research analysts plainly believe Bitfarms is more favorable than EverCommerce.
Insider & Institutional Ownership
20.6% of Bitfarms shares are owned by institutional investors. Comparatively, 97.9% of EverCommerce shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by insiders. Comparatively, 10.1% of EverCommerce shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Summary
EverCommerce beats Bitfarms on 9 of the 13 factors compared between the two stocks.
About Bitfarms
Bitfarms Ltd. is a digital asset infrastructure company focused primarily on Bitcoin mining. Founded in 2017, the company develops and operates data centers equipped with specialized computers that process transactions on the Bitcoin network and earn Bitcoin through mining. Bitfarms has operated facilities in Canada, the United States, Paraguay and Argentina. Its activities include managing data-center infrastructure and securing energy capacity to support its mining operations. The company has also explored using its infrastructure and energy resources for other computing applications, including high-performance computing and artificial intelligence.
About EverCommerce
EverCommerce is a software company that provides cloud-based tools for service businesses. Its platform combines vertical software with integrated payments and other services to help companies manage operations and customer relationships. Its products support functions such as business management, scheduling, customer engagement, marketing, and payment processing. EverCommerce serves businesses across industries including home services, health and wellness, fitness, education, and professional services.
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