TON Strategy (TONX) EV to CFO (2014 - 2026)
TON Strategy's (TONX) quarterly EV to CFO came in at 22.19 in Q1 2026, down 434.81% on a YoY basis from 6.63 in Q1 2025, and down 1767.23% quarter-over-quarter from 1.19 in Q4 2025.
Analysis
TON Strategy (TONX) EV to CFO (2014 - 2026) Analysis & Trends
TON Strategy (TONX) has reported EV to CFO for 13 consecutive years, with 22.19 the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, EV to CFO fell 434.81% year-over-year to 22.19; the trailing twelve-month figure through Mar 2026 stood at 4.27 (down 558.64% YoY), and the FY2025 full-year result was 0.46, down 141.27% from the prior year.
- EV to CFO slipped to 22.19 in Q1 2026 per TONX's latest filing, from 1.19 in the prior quarter.
- Across five years, EV to CFO topped out at 6.63 in Q1 2025 and bottomed at 207189.46 in Q2 2022.
- Historically, EV to CFO has averaged 28652.07 across 5 years, with a median of 391.94 in 2023.
- The sharpest annual moves came in 2024 and 2025: EV to CFO jumped 104.82% in 2024, then plunged 540.75% in 2025.
- Over 5 years, EV to CFO stood at 51775.95 in 2022, then jumped by 99.79% to 108.12 in 2023, then soared by 104.82% to 5.21 in 2024, then slumped by 122.81% to 1.19 in 2025, then tumbled by 1767.23% to 22.19 in 2026.
- According to Business Quant data, EV to CFO over the past three periods registered 22.19, 1.19, and 22.06 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 48.70 Bn | 39.92 Bn | 1.16 Bn |
| 2 | Bullish | 5.43 Bn | 5.38 Bn | 15.53 Mn |
| 3 | Canton Strategic Holdings | 494.45 Mn | 494.45 Mn | - |
| 4 | Cypherpunk Technologies | 446.07 Mn | 446.07 Mn | - |
| 5 | Coincheck | 267.10 Mn | 165.50 Mn | 11.20 Mn |
| 6 | Exodus Movement | 226.48 Mn | -128.60 Mn | - |
| 7 | Wewards | 214.97 Mn | 214.97 Mn | - |
| 8 | Usbc | 194.07 Mn | 190.41 Mn | - |
| 9 | TON Strategy | 187.68 Mn | 187.66 Mn | - |
| 10 | Universal Token | 174.68 Mn | 174.68 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -22.19 |
| Dec 31, 2025 | -1.19 |
| Sep 30, 2025 | -22.06 |
| Jun 30, 2025 | 0.29 |
| Mar 31, 2025 | 6.63 |
| Dec 31, 2024 | 5.21 |
| Sep 30, 2024 | 5.01 |
| Jun 30, 2024 | -1,039.89 |
| Mar 31, 2024 | -740.81 |
| Dec 31, 2023 | -108.12 |
| Sep 30, 2023 | -391.94 |
| Jun 30, 2023 | -483.89 |
| Mar 31, 2023 | -1,352.73 |
| Dec 31, 2022 | -51,775.95 |
| Sep 30, 2022 | -118,015.70 |
| Jun 30, 2022 | -207,189.46 |
| Mar 31, 2022 | -105,958.32 |
| Dec 31, 2021 | -135,225.77 |
| Sep 30, 2021 | -156,407.26 |
| Jun 30, 2021 | -156,226.28 |