Financial Analysis: Bitcoin Depot (NASDAQ:BTM) vs. Primis Financial (NASDAQ:FRST)

Bitcoin Depot (NASDAQ:BTM) and Primis Financial (NASDAQ:FRST) are both small-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, valuation, earnings, profitability, analyst recommendations, dividends and risk.

Earnings and Valuation

This table compares Bitcoin Depot and Primis Financial”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bitcoin Depot	$614.85 million	0.05	-$6.18 million	$1.90	1.47
Primis Financial	$277.00 million	1.18	$61.44 million	$1.93	6.83

Primis Financial has lower revenue, but higher earnings than Bitcoin Depot. Bitcoin Depot is trading at a lower price-to-earnings ratio than Primis Financial, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Bitcoin Depot and Primis Financial, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bitcoin Depot	1	2	3	0	2.33
Primis Financial	0	1	2	0	2.67

Bitcoin Depot presently has a consensus target price of $28.23, suggesting a potential upside of 908.33%. Primis Financial has a consensus target price of $1.00, suggesting a potential downside of 92.41%. Given Bitcoin Depot’s higher probable upside, equities analysts clearly believe Bitcoin Depot is more favorable than Primis Financial.

Risk & Volatility

Bitcoin Depot has a beta of 0.96, suggesting that its stock price is 4% less volatile than the S&P 500. Comparatively, Primis Financial has a beta of 0.75, suggesting that its stock price is 25% less volatile than the S&P 500.

Insider & Institutional Ownership

9.2% of Bitcoin Depot shares are held by institutional investors. Comparatively, 75.0% of Primis Financial shares are held by institutional investors. 51.8% of Bitcoin Depot shares are held by company insiders. Comparatively, 11.0% of Primis Financial shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Bitcoin Depot and Primis Financial’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Bitcoin Depot	-0.94%	-70.95%	-5.08%
Primis Financial	18.78%	3.99%	0.40%

Summary

Primis Financial beats Bitcoin Depot on 9 of the 14 factors compared between the two stocks.

About Bitcoin Depot

Bitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade. The company is headquartered in Atlanta, Georgia. Bitcoin Depot Inc. is a subsidiary of BT Assets, Inc.

About Primis Financial

Primis Financial Corp. operates as the bank holding company for Primis Bank that provides a range of financial services to individuals and small and medium sized businesses in the United States. Its deposit products include checking, NOW, savings, and money market accounts, as well as certificates of deposits. The company also provides commercial business and real estate, construction, secured asset based, small business administration, mortgage warehouse lending products, as well as financing for medical, dental, and veterinary businesses; residential mortgage, trust mortgage, home equity lines of credit, secured and unsecured personal, and consumer loans, as well as life insurance premium financing and demand loans. It also offers cash management services comprising investment/sweep, zero balance, and controlled disbursement accounts; and wire transfer, employer/payroll processing, night depository, depository transfer, merchant, ACH origination, and remote deposit capture services. In addition, the company provides debit cards, ATM services, notary services, and mobile and online banking. It operates full-service branches in Virginia and Maryland. The company was formerly known as Southern National Bancorp of Virginia, Inc. and changed its name to Primis Financial Corp. Primis Financial Corp. was founded in 2004 and is based in McLean, Virginia.