DeFi Technologies (OTC:DEFTF – Get Free Report) is one of 109 publicly-traded companies in the “Metal mining” industry, but how does it contrast to its peers? We will compare DeFi Technologies to similar businesses based on the strength of its analyst recommendations, valuation, earnings, institutional ownership, dividends, profitability and risk.
Insider and Institutional Ownership
27.6% of shares of all “Metal mining” companies are owned by institutional investors. 13.0% of shares of all “Metal mining” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Earnings & Valuation
This table compares DeFi Technologies and its peers revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
DeFi Technologies | $7.67 million | -$15.03 million | -21.86 |
DeFi Technologies Competitors | $6.88 billion | $993.32 million | -3.81 |
DeFi Technologies’ peers have higher revenue and earnings than DeFi Technologies. DeFi Technologies is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Analyst Ratings
This is a summary of current ratings and recommmendations for DeFi Technologies and its peers, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
DeFi Technologies | 0 | 0 | 0 | 0 | N/A |
DeFi Technologies Competitors | 1175 | 2547 | 3105 | 117 | 2.31 |
As a group, “Metal mining” companies have a potential upside of 54.22%. Given DeFi Technologies’ peers higher possible upside, analysts clearly believe DeFi Technologies has less favorable growth aspects than its peers.
Profitability
This table compares DeFi Technologies and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
DeFi Technologies | N/A | -31.50% | -1.18% |
DeFi Technologies Competitors | -88.50% | -5.19% | -4.43% |
Summary
DeFi Technologies peers beat DeFi Technologies on 7 of the 9 factors compared.
DeFi Technologies Company Profile
DeFi Technologies Inc., a technology company, develops and lists exchange traded products in Canada, Bermuda, and the Cayman Islands. The company provides asset management services, such as investment vehicles, indirect exposure to underlying cryptocurrencies, digital asset indexes, and other decentralized finance instruments. It also participates in decentralized blockchain networks by processing data transactions that contribute to network security and stability, governance, and transaction validation. In addition, the company invests in decentralized finance companies in early-stage ventures. Further, it offers node management of decentralized protocols to support governance, security, and transaction validation for their networks. The company was formerly known as Valour Inc. and changed its name to DeFi Technologies Inc. in July 2023. DeFi Technologies Inc. was incorporated in 1986 and is headquartered in Toronto, Canada.
Receive News & Ratings for DeFi Technologies Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for DeFi Technologies and related companies with MarketBeat.com’s FREE daily email newsletter.
This news is republished from another source. You can check the original article here