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BitFuFu Inc (FUFU) Fair Value & Analysis

Financial Services · US · Market cap $283M

BI BitFuFu Inc logo BitFuFu Inc FUFU · US
Price$1.30
Fair Value$2.78
Upside+113.9%
Quality49/100
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Expensive Growth
Loss-making · -10.5% net margin
Low debt · negative free cash flow
Trails peers (3/11)
Narrow moat 19/100
Evidence: High Range $2.09 – $3.48 Share as image

Fair value as of: Jul 7, 2026

From 7 valuation models · updated 34 days ago

Fair value updated Jul 7, 2026, revised from $2.51 to $2.78 (+10.8%) since Jun 26, 2026. Share price −7.1% over the past month.

Below-average quality, screening 114% undervalued on our models.

What matters now

  • The price is below even our cautious bear case ($2.09). The market is more pessimistic than our downside scenario.
  • Solid quality (49/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

$13.13 $1.26 Fair Value $2.78 Dec 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 7, 2026.

How to read this chart

56‑month range $1.26 – $13.13 · fair‑value band $2.09 – $3.48 · the $1.30 price screens below the $2.78 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 7, 2026.

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Analysis

BitFuFu Inc (FUFU) currently trades at $1.30, while our model-based Fair Value estimate is $2.78, implying the stock looks roughly 113.9% undervalued today. The Quality Score stands at 49/100 (below-average quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, BitFuFu Inc generated revenue of $472M at a net margin of -10.5%. Revenue declined 6.9% year over year. It earns a return on equity of -37.1%. The balance sheet holds a net cash position of $3.3M. Fundamentals as of Jul 7, 2026

Our scenario range runs from $2.09 (bear case) to $3.48 (bull case); at $1.30, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 76% below its 52-week high, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 11% fair-value upside, at 114%, FUFU screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income $1.35 $1.90 $11.72 76
P/E Multiple $3.71 $4.95 $6.19 63
P/B Multiple $1.68 $2.24 $2.80 55
All 7 models by family
DCF Models
Owner Earnings $3.17 $6.22 $11.53 31
Earnings-Based
Graham-Dodd $1.68 $11.74 $16.48 54
Lynch FV $6.07 $8.67 $11.27 50
Multiples
P/E Multiple $3.71 $4.95 $6.19 63
P/B Multiple $1.68 $2.24 $2.80 55
Asset-Based
NCAV (Graham) $0.3700 $0.5000 $0.7500 50
Economic Profit
Residual Income $1.35 $1.90 $11.72 76

Widest divergence: Earnings-Based ($8.67) versus Asset-Based ($0.5000). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) $472M
Revenue growth (YoY) -6.9%
Net margin -10.5%
Return on equity -37.1%
Free cash flow −$237M FY2025
Operating margin -3.2%
More key figures
EPS (TTM) $-0.3000
EPS growth (YoY) +7,684%
Net cash $3.3M FY2025

Figures from reported company fundamentals · as of Jul 7, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 50 · Market factors (momentum, volatility) 15

Profitability 69
Margins and returns on capital today
Quality Growth 74
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 30
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 1
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 68
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

BitFuFu Inc., together with its subsidiaries, provides digital asset mining solutions in North America, Asia, Africa, Oceania, Europe, and internationally. The company offers cloud-mining and miner hosting services to institutional customers and individual digital asset enthusiasts.

Full company description

BitFuFu Inc., together with its subsidiaries, provides digital asset mining solutions in North America, Asia, Africa, Oceania, Europe, and internationally. The company offers cloud-mining and miner hosting services to institutional customers and individual digital asset enthusiasts. It also provides Bitcoin self-mining, mining machine hosting, and other services. In addition, the company leases and sells mining equipment. BitFuFu Inc. is headquartered in Singapore.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

BitFuFu Inc reported revenue of $463M in FY2025 versus $1.2M in FY2021, a compound +340.8%/yr. Reported net income was $54.0M in FY2025.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
$463M
Latest YoY
+63.1%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+65.1%
Revenue +340.8%/yr
FY21 $1.2M
FY22 $103M
FY23 $198M
FY24 $284M
FY25 $463M
Net income
FY21 −$1.1M
FY22 $4.9M
FY23 $2.4M
FY24 $10.5M
FY25 $54.0M

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Cite: Fair Value Calculator (2026). "BitFuFu Inc Fair Value". https://www.fairvalue-calculator.com/stock/FUFU

Peer Group

Capital Markets · 423 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 48 · Below median
Fair Value upside +114% · Top 25%
Return on assets 1% · Below median
Net margin (TTM) -10% · Bottom 25%
Operating margin (TTM) -3% · Bottom 25%
Revenue growth -7% · Bottom 25%
Debt / equity 0.22× · Higher than median

Valuation Multiples vs Capital Markets median · lower = cheaper

P/B 1.74× · Pricier than median
P/S (TTM) 0.60× · Cheaper than 75% of peers
EV/EBITDA 7.9× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 9
FUTURE 0 · sector 96
PAST 0 · sector 30
HEALTH 89 · sector 93
DIVIDEND 0 · sector 36

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Capital Markets stocks, each showing price versus our Fair Value estimate (as of Jul 7, 2026).

Stock Price Fair Value vs Fair Value
Huatai Securities Co HTSC $0.2700 $0.0400 -85%
Mirae Asset Securities Co 006800 38,750 KRW 31,645 KRW -18%
Meritz Financial Group 138040 117,000 KRW 87,706 KRW -25%
Korea Investment Holdings 071050 239,000 KRW 318,825 KRW +33%
NH Investment & Securities Co 005940 31,000 KRW 37,133 KRW +20%
Samsung Securities Co 016360 107,700 KRW 126,487 KRW +17%
Motilal Oswal Financial Services Limited MOTILALOFS ₹967.00 ₹299.65 -69%
Kiwoom Securities Co 039490 322,000 KRW 358,091 KRW +11%
SSI Securities Corporation SSI 24,250 VND 28,021 VND +16%
Bolsas y Mercados Argentinos S.A BYMA 313.75 ARS 120.22 ARS -62%

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Frequently asked questions

Is BitFuFu Inc (FUFU) overvalued or undervalued?
As of Jul 7, 2026, our model estimates a fair value of $2.78 versus a price of $1.30, about +114% (undervalued).
What is the fair value of FUFU?
Our model-based fair value for BitFuFu Inc is $2.78 (as of Jul 7, 2026), built from audited fundamentals. The current price is $1.30.
What is the quality score of FUFU?
BitFuFu Inc has a Quality Score of 49/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of BitFuFu Inc (FUFU)?
BitFuFu Inc reported trailing-twelve-month revenue of about $472M (latest available figure, as of Jul 7, 2026).
What is the net profit margin of FUFU?
The net profit margin of BitFuFu Inc is about -10.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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