Bitdeer Technologies Group (BTDR) Financial Ratios
6 years of historical data (2020–2025) · Technology · Software - Application
EV/EBITDA
↑
13.35
↓-78% vs avg
5yr avg: 60.79
30Y Low4.3·High50.1
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
↓
4.08
↓-17% vs avg
5yr avg: 4.91
30Y Low3.0·High10.8
ROE
↓
11.5%
↓+131% vs avg
5yr avg: -36.9%
30Y Low-197%·High38%
Debt/EBITDA
↑
3.87
↓-40% vs avg
5yr avg: 6.50
30Y Low0.5·High17.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BTDR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Bitdeer Technologies Group currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Market Cap | $2.8B | $2.6B | $3.0B | $1.1B | $1.2B | $1.1B | — |
| Enterprise Value | $3.8B | $3.6B | $2.8B | $1.0B | $1.0B | $829M | — |
| P/E Ratio → | -10.56 | — | — | — | — | 13.46 | — |
| P/S Ratio | 4.58 | 4.23 | 8.51 | 2.96 | 3.48 | 2.81 | — |
| P/B Ratio | 4.08 | 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
BTDR EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Bitdeer Technologies Group's enterprise value stands at 13.4x EBITDA, 78% below its 5-year average of 60.8x. The Technology sector median is 17.3x, placing the stock at a 23% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.77 | 7.97 | 2.82 | 3.09 | 2.10 | — |
| EV / EBITDA | 13.35 | 12.60 | — | 50.14 | 176.14 | 4.27 | — |
| EV / EBIT | 23.72 | 22.39 | — | — | — | 6.22 | — |
| EV / FCF | — | — | — | — | — | — | — |
BTDR Profitability
Margins and return-on-capital ratios measuring operating efficiency
Bitdeer Technologies Group earns an operating margin of 25.8%. Operating margins have expanded from -14.2% to 25.8% over the past 3 years, signaling improving operational efficiency. ROE of 11.5% is modest. ROIC of 12.6% represents solid returns on invested capital.
Margins
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 | 25.8% | 25.8% | -168.6% | -14.2% | -18.2% | 33.1% | -34.0% |
| Net Profit Margin | 10.6% | 10.6% | -171.3% | -15.4% | -18.1% | 20.9% | -30.0% |
Return on Capital
| 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 | 12.6% | 12.6% | -240.8% | -16.8% | -46.5% | 124.9% | -32.0% |
| ROCE | 18.3% | 18.3% | -120.8% | -11.0% | -14.8% | 46.5% | -36.2% |
BTDR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Bitdeer Technologies Group carries a Debt/EBITDA ratio of 3.9x, which is moderately leveraged (34% above the sector average of 2.9x). Net debt stands at $950M ($1.1B total debt minus $149M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.27 | 1.27 | 1.03 | 0.28 | 0.31 | 0.32 | 0.33 |
| Debt / EBITDA | 3.87 | 3.87 | — | 4.49 | 17.17 | 0.48 | 0.98 |
| Net Debt / Equity | — | 1.09 | -0.69 | -0.16 | -0.41 | -0.97 | 0.02 |
| Net Debt / EBITDA | 3.35 | 3.35 | — | -2.51 | -22.46 | -1.44 | 0.06 |
| Debt / FCF | — | — | — | — | — | — | — |
| Interest Coverage | — | — | -32.90 | -9.63 | -11.15 | 51.25 | -77.04 |
BTDR Liquidity & Efficiency
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 | 0.10 | 0.10 | 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 | — | 18.46 | 26.23 | 17.30 | 24.09 | 19.15 | 3.99 |
BTDR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Bitdeer Technologies Group returns 2.3% to shareholders annually primarily through share buybacks.
Dividends
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 | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | 7.4% | — |
| FCF Yield | — | — | — | — | — | — | — |
| Buyback Yield | 2.3% | 2.5% | 0.0% | 0.2% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 2.3% | 2.5% | 0.0% | 0.2% | 0.0% | 0.0% | — |
| Shares Outstanding | — | $234M | $137M | $110M | $111M | $111M | $111M |
Peer Comparison
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 |
|---|---|---|---|---|---|---|---|---|---|
 BTDRYou | $3B | -10.6 | 13.4 | — | 9.8% | 25.8% | 11.5% | 12.6% | 3.9 |
 MARA | $5B | -3.5 | — | — | -47.7% | -90.6% | -34.5% | -9.0% | — |
 RIOT | $9B | -12.1 | — | — | -15.6% | -61.8% | -22.1% | -8.7% | — |
 CLSK | $4B | 12.9 | 6.7 | — | 41.6% | 41.6% | 18.5% | 10.3% | 1.2 |
 CIFR | $9B | -10.2 | 382.3 | — | -60.5% | -76.7% | -108.3% | -5.9% | 95.9 |
 HUT | $12B | -50.9 | — | — | 91.3% | -136.9% | -16.9% | -14.0% | — |
 IREN | $20B | 156.4 | 104.1 | — | 68.3% | 3.5% | 6.0% | 0.7% | 4.9 |
 CORZ | $8B | -28.0 | — | — | 11.9% | -45.4% | — | — | — |
 BTBT | $622M | 9.7 | 9.0 | — | 61.9% | 16.8% | 9.2% | 6.5% | 0.2 |
 WULF | $11B | -122.6 | — | — | 55.3% | -54.4% | -31.0% | -10.6% | — |
 MIGI | $4M | -0.1 | — | 2.6 | 34.2% | -52.6% | -339.9% | -62.9% | — |
| Technology Median | — | 27.2 | 17.3 | 19.8 | 48.6% | -0.6% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonBTDR — Frequently Asked Questions
Quick answers to the most common questions about buying BTDR stock.
What is Bitdeer Technologies Group's P/E ratio?
Bitdeer Technologies Group's current P/E ratio is -10.6x. The historical average is 13.5x.
What is Bitdeer Technologies Group's EV/EBITDA?
Bitdeer Technologies Group's current EV/EBITDA is 13.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 22.3x.
What is Bitdeer Technologies Group's ROE?
Bitdeer Technologies Group's return on equity (ROE) is 11.5%. The historical average is -37.1%.
Is BTDR stock overvalued?
Based on historical data, Bitdeer Technologies Group is trading at a P/E of -10.6x. Compare with industry peers and growth rates for a complete picture.
What are Bitdeer Technologies Group's profit margins?
Bitdeer Technologies Group has 9.8% gross margin and 25.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Bitdeer Technologies Group have?
Bitdeer Technologies Group's Debt/EBITDA ratio is 3.9x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.