Bitfarms is now ranked among the top 10 undervalued stocks in the Capital Markets industry on the Toronto Stock Exchange or TSX Venture Exchange.
- A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
- Valuation methodology provided by Stockcalc (see below)
Capital Markets: Large, major investment houses offering investment banking, merchant banking, underwriting, brokerage, research, advisory, and trading services to broad-based national and international markets.
Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| DELX | Delphx Cap Markets | 0.07 | 0.14 | 0.07 (89.7%) | 22568 | 12.6 | 0.0 | 0.0 |
| SATO | SATO Technologies | 0.17 | 0.27 | 0.10 (55.4%) | 29487 | 12.9 | 0.0 | 8.8 |
| BTCW | Bitcoin Well | 0.15 | 0.23 | 0.08 (51.1%) | 366152 | 39.5 | 0.0 | 0.0 |
| HIVE | HIVE Digital Technologies | 2.47 | 3.61 | 1.14 (46.1%) | 939136 | 324.9 | 0.0 | 0.0 |
| BITF | Bitfarms | 1.26 | 1.79 | 0.53 (42.1%) | 1715388 | 630.2 | 0.0 | 0.0 |
| XAU | GoldMoney | 8.28 | 9.76 | 1.48 (17.9%) | 3591 | 109.2 | 0.0 | 0.0 |
| DMGI | DMG Blockchain Solutions | 0.27 | 0.32 | 0.05 (17.8%) | 163134 | 54.4 | 0.0 | 0.0 |
| BIGG | BIGG Digital Assets | 0.14 | 0.15 | 0.02 (13.6%) | 248531 | 47.1 | 0.0 | 0.0 |
| CF | Canaccord Genuity Gr | 9.30 | 10.37 | 1.07 (11.5%) | 82155 | 893.0 | 3.7 | 0.0 |
| CXI | Currency Exchange Intl | 20.50 | 21.17 | 0.67 (3.3%) | 1619 | 134.1 | 0.0 | 40.0 |
All data provided as of October 22, 2025.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Bitfarms
Bitfarms Ltd engaged in the cryptocurrency Mining industry mainly consists of selling its computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. Its geographic operations are currently located in Canada, the United States, Argentina. It owns and operates server farms comprised of computers designed to validate transactions on the Bitcoin Blockchain.
Bitfarms is listed under BITF on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.
Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:
- Discounted Cash Flow (DCF)
- Price & Other Comparables
- Multiples
- Adjusted Book Value (ABV)
- Analyst Consensus
Artificial Intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.