BGIN BLOCKCHAIN Ltd (BGIN) Financial Ratios
4 years of historical data (2021–2024) · Technology · Computer Hardware
EV/EBITDA
2.66
—
5yr avg: N/A
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
2.14
—
5yr avg: N/A
ROE
↓
36.7%
↑-49% vs avg
5yr avg: 72.7%
30Y Low-2%·High177%
Debt/EBITDA
↑
0.00
↑+42% vs avg
5yr avg: 0.00
30Y Low0.0·High0.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BGIN Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
BGIN BLOCKCHAIN Ltd trades at 6.8x earnings, sitting at the 50th percentile of its historical range. Compared to the Technology sector median P/E of 27.7x, the stock trades at a discount of 75%.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Market Cap | $357M | — | — | — | — |
| Enterprise Value | $243M | — | — | — | — |
| P/E Ratio → | 6.79 | — | — | — | — |
| P/S Ratio | 1.18 | — | — | — | — |
| P/B Ratio | 2.14 | — | — | — | — |
| P/FCF | — | — | — | — | — |
| P/OCF | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
BGIN EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
BGIN BLOCKCHAIN Ltd's enterprise value stands at 2.7x EBITDA. The Technology sector median is 17.5x, placing the stock at a 85% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — |
| EV / EBITDA | 2.66 | — | — | — | — |
| EV / EBIT | 2.97 | — | — | — | — |
| EV / FCF | — | — | — | — | — |
BGIN Profitability
Margins and return-on-capital ratios measuring operating efficiency
BGIN BLOCKCHAIN Ltd earns an operating margin of 27.0%. Operating margins have expanded from -3.8% to 27.0% over the past 3 years, signaling improving operational efficiency. Return on equity of 36.7% is exceptionally high. ROIC of 61.8% represents excellent returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Gross Margin | 42.2% | 42.2% | 77.4% | 59.3% | 69.1% |
| Operating Margin | 27.0% | 27.0% | 67.5% | -3.8% | 44.2% |
| Net Profit Margin | 21.8% | 21.8% | 54.3% | -1.5% | 35.8% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| ROE | 36.7% | 36.7% | 176.8% | -2.3% | 79.7% |
| ROA | 28.5% | 28.5% | 137.3% | -1.6% | 51.2% |
| ROIC | 61.8% | 61.8% | 234.5% | -5.9% | 118.6% |
| ROCE | 45.4% | 45.4% | 219.1% | -5.9% | 95.0% |
BGIN Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
BGIN BLOCKCHAIN Ltd carries a Debt/EBITDA ratio of 0.0x, which is very conservative (100% below the sector average of 2.9x). The company holds a net cash position — cash of $115M exceeds total debt of $445403, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Debt / Equity | 0.00 | 0.00 | 0.00 | — | — |
| Debt / EBITDA | 0.00 | 0.00 | 0.00 | — | — |
| Net Debt / Equity | — | -0.54 | -0.31 | -0.07 | -0.38 |
| Net Debt / EBITDA | -1.25 | -1.25 | -0.26 | -0.49 | -0.34 |
| Debt / FCF | — | — | — | — | — |
| Interest Coverage | — | — | 79.80 | -3.15 | 26.14 |
Net cash position: cash ($115M) exceeds total debt ($445403)
BGIN Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
BGIN BLOCKCHAIN Ltd's current ratio of 3.21x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 1.56x to 3.21x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Current Ratio | 3.21 | 3.21 | 4.19 | 1.56 | 1.93 |
| Quick Ratio | 3.01 | 3.01 | 4.11 | 1.56 | 1.93 |
| Cash Ratio | 1.89 | 1.89 | 1.10 | 0.24 | 0.73 |
| Asset Turnover | — | 1.12 | 1.34 | 1.27 | 1.43 |
| Inventory Turnover | 13.98 | 13.98 | 16.43 | — | — |
| Days Sales Outstanding | — | 10.92 | 6.08 | 10.61 | 16.77 |
BGIN Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
BGIN BLOCKCHAIN Ltd does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 14.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Earnings Yield | 14.7% | — | — | — | — |
| FCF Yield | — | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — | — |
| Shares Outstanding | — | $114M | $114M | $114M | $114M |
Peer Comparison
Compare BGIN with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BGINYou | $357M | 6.8 | 2.7 | — | 42.2% | 27.0% | 36.7% | 61.8% | 0.0 |
 BTBT | $589M | 9.2 | 8.5 | — | 61.9% | 16.8% | 9.2% | 6.5% | 0.2 |
 CIFR | $8B | -9.6 | — | — | 28.4% | -150.7% | -108.3% | -11.7% | — |
 IREN | $19B | 145.8 | 97.1 | — | 68.3% | 3.5% | 6.0% | 0.7% | 4.9 |
 HIVE | $715M | -122.6 | 11.7 | — | 21.8% | 1.4% | -0.8% | 0.3% | 0.9 |
 HUT | $11B | -47.3 | — | — | -614.6% | -2104.6% | -16.9% | -13.8% | — |
 MARA | $5B | -3.4 | — | — | -47.7% | -90.6% | -34.5% | -9.0% | — |
 RIOT | $9B | -12.4 | — | — | -15.6% | -61.8% | -22.1% | -8.7% | — |
 CLSK | $4B | 12.5 | 6.5 | — | 41.6% | 41.6% | 18.5% | 10.3% | 1.2 |
 WULF | $11B | -114.4 | — | — | 55.3% | -54.4% | -31.0% | -10.6% | — |
 CORZ | $7B | -25.4 | — | — | 11.9% | -45.4% | — | — | — |
| Technology Median | — | 27.7 | 17.5 | 19.2 | 48.5% | -0.6% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonBGIN — Frequently Asked Questions
Quick answers to the most common questions about buying BGIN stock.
What is BGIN BLOCKCHAIN Ltd's P/E ratio?
BGIN BLOCKCHAIN Ltd's current P/E ratio is 6.8x. This places it at the 50th percentile of its historical range.
What is BGIN BLOCKCHAIN Ltd's EV/EBITDA?
BGIN BLOCKCHAIN Ltd's current EV/EBITDA is 2.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
What is BGIN BLOCKCHAIN Ltd's ROE?
BGIN BLOCKCHAIN Ltd's return on equity (ROE) is 36.7%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 72.7%.
Is BGIN stock overvalued?
Based on historical data, BGIN BLOCKCHAIN Ltd is trading at a P/E of 6.8x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are BGIN BLOCKCHAIN Ltd's profit margins?
BGIN BLOCKCHAIN Ltd has 42.2% gross margin and 27.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does BGIN BLOCKCHAIN Ltd have?
BGIN BLOCKCHAIN Ltd's Debt/EBITDA ratio is 0.0x, indicating low leverage. A ratio below 2x is generally considered financially healthy.