Chindata Group (NASDAQ:CD) and Bitfarms (NASDAQ:BITF) Head-To-Head Analysis

Chindata Group (NASDAQ:CD) and Bitfarms (NASDAQ:BITF) are both business services companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, valuation, dividends, profitability, earnings, institutional ownership and risk.

Analyst Recommendations

This is a summary of current ratings and recommmendations for Chindata Group and Bitfarms, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Chindata Group 0 0 4 0 3.00
Bitfarms 0 0 1 0 3.00

Chindata Group presently has a consensus price target of $22.02, indicating a potential upside of 127.01%. Bitfarms has a consensus price target of $8.00, indicating a potential upside of 1.91%. Given Chindata Group’s higher probable upside, equities research analysts clearly believe Chindata Group is more favorable than Bitfarms.

Institutional & Insider Ownership

14.4% of Chindata Group shares are held by institutional investors. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Valuation and Earnings

This table compares Chindata Group and Bitfarms’ gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Chindata Group $280.63 million 12.62 -$43.42 million ($0.06) -161.67
Bitfarms $34.70 million N/A -$16.29 million ($0.01) -785.00

Bitfarms has lower revenue, but higher earnings than Chindata Group. Bitfarms is trading at a lower price-to-earnings ratio than Chindata Group, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Chindata Group and Bitfarms’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Chindata Group -3.01% -0.52% -0.29%
Bitfarms 5.84% 5.95% 4.95%

Chindata Group Company Profile

Chindata Group Holdings Limited provides carrier-neutral hyper scale data center solutions in China, India, and Southeast Asia. It offers artificial intelligence, cloud computing, smart cities and homes, online entertainment, and other on-demand services. The company also provides internet data center colocation and rental services; and technical and consulting services. Its integrated data center solutions include infrastructure, power supply, connectivity and operation and maintenance, tailor-made to their scale and requirements throughout the planning, design, construction and operation process. The company was formerly known as BCPE Bridge Stack Limited and changed its name to Chindata Group Holdings Limited in April 2020. Chindata Group Holdings Limited was founded in 2015 and is headquartered in Beijing, China.

Bitfarms Company Profile

Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. It also provides electrician services to commercial and residential customers in Quebec, Canada. It also provides hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.

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