BIT ORIGIN Ltd (NASDAQ: BTOG)

Sector: Financial Services Industry: Financial Data & Stock Exchanges CIK: 0001735556
Market Cap 6.82 Mn
P/B 1.75
P/E -0.79
P/S 172.70
Div Yield % 0.00

About

Bit Origin Ltd, also known as BTOG, is a company based in the Cayman Islands that operates within the cryptocurrency industry, specifically focusing on Bitcoin mining. The company's operations are primarily carried out in the United States through its subsidiary, SonicHash US. Bit Origin's primary business activities revolve around the deployment of emerging technologies, including crypto asset mining and blockchain technologies. The company's mining operations are conducted through its subsidiary, SonicHash US, which has deployed a significant...

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Price action

Investment thesis

Bull case

No data available.

Bear case

No data available.

Peer comparison

Companies in the Financial Data & Stock Exchanges
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 SPGI S&P Global Inc. 157.13 Bn 37.25 10.47 11.87 Bn
2 CME Cme Group Inc. 96.82 Bn 26.05 15.13 152.46 Bn
3 ICE Intercontinental Exchange, Inc. 91.82 Bn 29.04 7.33 19.51 Bn
4 MCO Moodys Corp /De/ 90.39 Bn 40.28 12.05 7.36 Bn
5 COIN Coinbase Global, Inc. 62.10 Bn 19.30 8.10 7.59 Bn
6 NDAQ Nasdaq, Inc. 54.56 Bn 33.58 6.68 9.55 Bn
7 MSCI MSCI Inc. 43.97 Bn 35.94 14.39 5.62 Bn
8 CBOE Cboe Global Markets, Inc. 25.92 Bn 26.50 5.61 1.57 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 3.53 2.79
EV to Cash from Ops. EV/CFO -5.45 33.08
EV to Debt EV to Debt 0.00 17.54
EV to EBIT EV/EBIT -2.05 18.27
EV to EBITDA EV/EBITDA -4.10 20.66
EV to Free Cash Flow [EV/FCF] EV/FCF -5.45 -39.00
EV to Market Cap EV to Market Cap 1.83 1.08
EV to Revenue EV/Rev 316.19 29.85
Price to Book Value [P/B] P/B 1.75 -0.11
Price to Earnings [P/E] P/E -0.79 23.23
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Dividend Coverage Ratio -4.04 2.12
Dividend Payout Ratio % Dividend Payout Ratio % 0.00 32.37
Dividend per Basic Share Div per Share (Qtr) 0.00 2.63
FCF Dividend Payout Ratio % FCF Dividend Payout Ratio % 0.00 26.82
Interest Coverage Interest Coverage -13.35 8.16
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex Growth (1y) % 0.00 -11.26
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) -96.05 21.19
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 1.08
EBIAT Growth (1y) % EBIAT Growth (1y) % 64.31 10.39
EBITDA Growth (1y) % EBITDA Growth (1y) % 70.77 15.05
EBIT Growth (1y) % EBIT Growth (1y) % 64.31 17.06
EBT Growth (1y) % EBT Growth (1y) % 62.73 21.11
EPS Growth (1y) % EPS Growth (1y) % 91.62 31.00
FCF Growth (1y) % FCF Growth (1y) % 71.11 30.56
Gross Profit Growth (1y) % Gross Profit Growth (1y) % 104.18 13.67
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Utilization Ratio 0.01 0.61
Cash Payout Ratio Cash Payout Ratio 0.00 0.24
Cash Ratio Cash Ratio (Qtr) 0.15 0.51
Current Ratio Curr Ratio (Qtr) 9.50 1.97
Debt to Equity Ratio Debt/Equity (Qtr) 0.00 0.56
Interest Cover Ratio Interest Cover Ratio -13.35 8.16
Times Interest Earned Times Interest Earned -13.35 8.16
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % -15,391.30 -985.15
EBIT Margin % EBIT Margin % -15,391.30 -991.90
EBT Margin % EBT Margin % -16,543.83 -1,071.07
Gross Margin % Gross Margin % 100.00 72.61
Net Profit Margin % Net Profit Margin % -21,979.40 -1,440.85