6 years of historical data (2020–2025) · Technology · Software - Application
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Bitdeer Technologies Group trades at 64.0x earnings, 139% above its 5-year average of 26.7x, sitting at the 100th percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a premium of 121%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Market Cap | $4.2B | $2.6B | $3.0B | $1.1B | $1.2B | $1.1B | — |
| Enterprise Value | $5.2B | $3.6B | $2.8B | $1.0B | $1.0B | $829M | — |
| P/E Ratio → | 64.04 | 40.04 | — | — | — | 13.46 | — |
| P/S Ratio | 6.75 | 4.23 | 8.51 | 2.96 | 3.48 | 2.81 | — |
| P/B Ratio | 4.84 | 3.03 | 10.77 | 3.28 | 3.64 | 3.85 | — |
| P/FCF | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.87 | 7.97 | 2.82 | 3.09 | 2.10 | — |
| EV / EBITDA | — | — | — | 53.71 | 112.38 | 4.27 | — |
| EV / EBIT | — | 21.41 | — | — | — | 6.22 | — |
| EV / FCF | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Bitdeer Technologies Group earns an operating margin of -29.8%. Operating margins have compressed from -15.3% to -29.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 11.5% is modest.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 9.8% | 9.8% | 19.0% | 21.1% | 25.0% | 61.2% | -12.4% |
| Operating Margin | -29.8% | -29.8% | -25.6% | -15.3% | -17.2% | 33.1% | -34.0% |
| Net Profit Margin | 10.6% | 10.6% | -171.3% | -15.4% | -18.1% | 20.9% | -30.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| ROE | 11.5% | 11.5% | -196.7% | -17.4% | -19.9% | 38.1% | -38.3% |
| ROA | 3.0% | 3.0% | -54.5% | -8.8% | -9.3% | 11.0% | -6.5% |
| ROIC | -14.0% | -14.0% | -36.5% | -18.0% | -43.9% | 124.9% | -32.0% |
| ROCE | -21.2% | -21.2% | -18.3% | -11.9% | -14.0% | 46.5% | -36.2% |
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $1.0B ($1.2B total debt minus $172M cash). Interest coverage of just 1.7x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.37 | 1.37 | 1.03 | 0.28 | 0.31 | 0.32 | 0.33 |
| Debt / EBITDA | — | — | — | 4.81 | 10.95 | 0.48 | 0.98 |
| Net Debt / Equity | — | 1.17 | -0.69 | -0.16 | -0.41 | -0.97 | 0.02 |
| Net Debt / EBITDA | — | — | — | -2.69 | -14.33 | -1.44 | 0.06 |
| Debt / FCF | — | — | — | — | — | — | — |
| Interest Coverage | 1.71 | 1.71 | -32.57 | -8.45 | -10.97 | 52.23 | -76.51 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.91x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 2.15x to 0.91x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 0.91 | 0.91 | 0.57 | 2.15 | 1.44 | 1.64 | 1.00 |
| Quick Ratio | 0.75 | 0.75 | 0.51 | 2.15 | 1.44 | 1.64 | 1.00 |
| Cash Ratio | 0.12 | 0.12 | 0.47 | 1.33 | 1.05 | 1.44 | 0.08 |
| Asset Turnover | — | 0.22 | 0.22 | 0.58 | 0.51 | 0.61 | 0.22 |
| Inventory Turnover | 2.22 | 2.22 | 4.37 | 840.30 | — | — | — |
| Days Sales Outstanding | — | 103.92 | 26.23 | 17.30 | 24.09 | 19.15 | 3.99 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Bitdeer Technologies Group returns 1.6% to shareholders annually primarily through share buybacks. The earnings yield of 1.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.6% | 2.5% | — | — | — | 7.4% | — |
| FCF Yield | — | — | — | — | — | — | — |
| Buyback Yield | 1.6% | 2.5% | 0.0% | 0.2% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 1.6% | 2.5% | 0.0% | 0.2% | 0.0% | 0.0% | — |
| Shares Outstanding | — | $234M | $137M | $110M | $111M | $111M | $111M |
Compare BTDR 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 |
|---|---|---|---|---|---|---|---|---|---|
| $4B | 64.0 | — | — | 9.8% | -29.8% | 11.5% | -14.0% | — | |
| $5B | -3.9 | — | — | -47.7% | -90.6% | -34.5% | -9.0% | — | |
| $11B | -14.4 | — | — | -15.6% | -61.8% | -22.1% | -8.7% | — | |
| $4B | 15.4 | 7.8 | — | 41.6% | 41.6% | 18.5% | 10.3% | 1.2 | |
| $12B | -13.6 | — | — | 28.4% | -150.7% | -108.3% | -11.7% | — | |
| $14B | -58.1 | — | — | -614.6% | -2104.6% | -16.9% | -13.8% | — | |
| $21B | 153.7 | 109.8 | — | 68.3% | 3.5% | 6.0% | 0.7% | 4.9 | |
| $9B | -33.1 | — | — | 11.9% | -70.4% | — | — | — | |
| $707M | -7.0 | — | — | 21.4% | -49.8% | -12.1% | -5.8% | — | |
| $12B | -17.5 | — | — | 50.9% | -101.1% | -343.7% | -4.2% | — | |
| $5M | -0.3 | — | — | 43.6% | -50.0% | — | -62.9% | — | |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 6 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying BTDR stock.
Bitdeer Technologies Group's current P/E ratio is 64.0x. The historical average is 26.7x. This places it at the 100th percentile of its historical range.
Bitdeer Technologies Group's return on equity (ROE) is 11.5%. The historical average is -37.1%.
Based on historical data, Bitdeer Technologies Group is trading at a P/E of 64.0x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Bitdeer Technologies Group has 9.8% gross margin and -29.8% operating margin.