CleanSpark (NASDAQ:CLSK) vs. RocketFuel Blockchain (OTCMKTS:RKFL) Critical Survey

RocketFuel Blockchain (OTCMKTS:RKFL) and CleanSpark (NASDAQ:CLSK) are both business services companies, but which is the better business? We will compare the two companies based on the strength of their valuation, dividends, institutional ownership, analyst recommendations, risk, earnings and profitability.

Insider & Institutional Ownership

7.2% of RocketFuel Blockchain shares are held by institutional investors. Comparatively, 43.1% of CleanSpark shares are held by institutional investors. 28.7% of RocketFuel Blockchain shares are held by insiders. Comparatively, 3.0% of CleanSpark shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares RocketFuel Blockchain and CleanSpark”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
RocketFuel Blockchain	$200,000.00	3.36	-$3.78 million	N/A	N/A
CleanSpark	$168.41 million	20.40	-$136.59 million	N/A	N/A

RocketFuel Blockchain has higher earnings, but lower revenue than CleanSpark.

Analyst Recommendations

This is a summary of recent ratings and price targets for RocketFuel Blockchain and CleanSpark, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
RocketFuel Blockchain	0	0	0	0	0.00
CleanSpark	0	1	5	0	2.83

CleanSpark has a consensus price target of $21.42, indicating a potential upside of 57.82%. Given CleanSpark’s stronger consensus rating and higher probable upside, analysts plainly believe CleanSpark is more favorable than RocketFuel Blockchain.

Profitability

This table compares RocketFuel Blockchain and CleanSpark’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
RocketFuel Blockchain	N/A	N/A	N/A
CleanSpark	-46.31%	-3.64%	-3.39%

Volatility & Risk

RocketFuel Blockchain has a beta of 0.27, suggesting that its share price is 73% less volatile than the S&P 500. Comparatively, CleanSpark has a beta of 4.19, suggesting that its share price is 319% more volatile than the S&P 500.

Summary

CleanSpark beats RocketFuel Blockchain on 7 of the 12 factors compared between the two stocks.

About RocketFuel Blockchain

RocketFuel Blockchain, Inc. provides payment and check-out systems for shoppers on e-commerce sites using cryptocurrencies, bitcoin, and direct bank transfers. It also offers payout solutions, cross-border B2B transfer solutions, and other solutions, as well as invoicing and crypto payments services. The company has a strategic partnership with ACI Worldwide, Inc. to offer the cryptocurrency payment solution available to customers through ACI portals. RocketFuel Blockchain, Inc. was incorporated in 2018 and is headquartered in San Francisco, California.

About CleanSpark

CleanSpark, Inc. operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.