Paycom Software (NYSE:PAYC) & Bitdeer Technologies Group (NASDAQ:BTDR) Critical Review

Bitdeer Technologies Group (NASDAQ:BTDRGet Free Report) and Paycom Software (NYSE:PAYCGet Free Report) are both 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.

Earnings & Valuation

This table compares Bitdeer Technologies Group and Paycom Software”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Bitdeer Technologies Group $812.26 million 3.55 $65.60 million ($3.06) -4.14
Paycom Software $2.05 billion 4.82 $453.40 million $9.41 23.30

Paycom Software has higher revenue and earnings than Bitdeer Technologies Group. Bitdeer Technologies Group is trading at a lower price-to-earnings ratio than Paycom Software, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk

Bitdeer Technologies Group has a beta of 2.51, indicating that its share price is 151% more volatile than the S&P 500. Comparatively, Paycom Software has a beta of 0.78, indicating that its share price is 22% less volatile than the S&P 500.

Profitability

This table compares Bitdeer Technologies Group and Paycom Software’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Bitdeer Technologies Group -55.15% -54.72% -15.20%
Paycom Software 22.78% 37.06% 8.17%

Insider & Institutional Ownership

22.3% of Bitdeer Technologies Group shares are owned by institutional investors. Comparatively, 87.8% of Paycom Software shares are owned by institutional investors. 13.2% of Paycom Software 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.

Analyst Ratings

This is a breakdown of current ratings and price targets for Bitdeer Technologies Group and Paycom Software, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitdeer Technologies Group 0 3 12 0 2.80
Paycom Software 0 9 5 1 2.47

Bitdeer Technologies Group currently has a consensus target price of $24.00, indicating a potential upside of 89.42%. Paycom Software has a consensus target price of $214.23, indicating a potential downside of 2.27%. Given Bitdeer Technologies Group’s stronger consensus rating and higher possible upside, research analysts plainly believe Bitdeer Technologies Group is more favorable than Paycom Software.

Summary

Paycom Software beats Bitdeer Technologies Group on 11 of the 15 factors compared between the two stocks.

About Bitdeer Technologies Group

(Get Free Report)

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account. The company also operates mining datacenters to generate hash rate; handles various processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations; and sells mining machines. The company is headquartered in Singapore.

About Paycom Software

(Get Free Report)

Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. It offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. The company's HCM solution provides a suite of applications in the areas of talent acquisition, including applicant tracking, candidate tracker, background checks, on-boarding, e-verify, and tax credit services; and time and labor management, such as time and attendance, scheduling, time-off requests, labor allocation, labor management reports/push reporting, geofencing/geotracking, and Microfence, a proprietary Bluetooth. Its HCM solution also offers payroll applications comprising better employee transaction interface, payroll and tax management, payroll card, Everyday, Paycom pay, Client Action Center, expense management, mileage tracker/fixed and variable rates, garnishment administration, and GL concierge applications; and talent management applications that include employee self-service, compensation budgeting, performance management, position management, and Paycom learning, as well as my analytics. In addition, its HCM solution provides manager on-the-go that gives supervisors and managers the ability to perform a variety of tasks, such as approving time-off requests and expense reimbursements; direct data exchange; ask here, a tool for direct line of communication to ask work-related questions; document and checklist; government and compliance; benefits administration/benefits to carrier; benefit enrollment service; COBRA administration; personnel action and performance discussion forms; surveys; 401(k) reporting; report center; and affordable care act applications, as well as Clue, which securely collects, tracks, and manages the vaccination and testing data of the workforce. Paycom Software, Inc. was founded in 1998 and is based in Oklahoma City, Oklahoma.

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