Added to YB: 2024-06-14
Pitch date: 2024-06-14
DEFTF [bullish]
DeFi Technologies Inc.
-53.62%
current return
Author Info
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Company Info
DeFi Technologies Inc., a technology company, develops exchange traded products that synthetically track the value of a single DeFi protocol or a basket of protocols in Canada.
Market Cap
CAD 476.1M
Pitch Price
CAD 2.35
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.96
P/E
20.00
EV/Sales
4.32
Sector
Capital Markets
Category
value
Crypto ETP Company Rapidly Growing AUM and Arb Profits at 5x NTM P/E ($DEFTF)
DEFTF: Undervalued crypto co. w/ ETP listings, arb desk printing $, staking/lending yield. AUM growth = profit. $62M yield rev + $80M arb profit possible NTM at $65k BTC. 5x NTM P/E vs COIN 69x, HOOD 29x. Risks: Crypto downturn, dilution, audit change. Upside: Buyback, insider buys, ETH ETF.
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