BIT ORIGIN Ltd (BTOG) Financial Ratios
9 years of historical data (2016–2024) · Consumer Defensive · Packaged Foods
EV/EBITDA
N/A
—
5yr avg: 121.33
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
↑
11.76
↑+146% vs avg
5yr avg: 4.77
30Y Low0.7·High16.6
ROE
↓
-313.9%
↑-96% vs avg
5yr avg: -159.8%
30Y Low-362%·High31%
Debt/EBITDA
N/A
—
5yr avg: 48.42
30Y Low1.4·High48.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BTOG Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
BIT ORIGIN Ltd currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $16M | $15M | $7M | $26M | $52M | $29M | — | — | — | — |
| Enterprise Value | $20M | $19M | $9M | $28M | $54M | $46M | — | — | — | — |
| P/E Ratio → | -0.61 | — | — | 423.70 | — | — | — | — | — | — |
| P/S Ratio | 5.48 | 5.23 | 1.07 | 136.77 | — | 0.26 | — | — | — | — |
| P/B Ratio | 11.76 | 16.60 | 0.65 | 0.76 | — | 1.09 | — | — | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
BTOG EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 6.53 | 1.40 | 145.60 | — | 0.42 | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | 121.33 | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — |
BTOG Profitability
Margins and return-on-capital ratios measuring operating efficiency
BIT ORIGIN Ltd earns an operating margin of -513.7%, below the Consumer Defensive sector average of 1.1%. Operating margins have expanded from -3175.8% to -513.7% over the past 3 years, signaling improving operational efficiency. A negative ROE of -313.9% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -32.7% | -32.7% | -72.9% | -109.7% | — | 6.5% | 8.8% | 9.5% | 8.0% | 14.3% |
| Operating Margin | -513.7% | -513.7% | -452.1% | -3175.8% | — | -0.2% | 5.4% | 7.0% | 5.6% | 7.9% |
| Net Profit Margin | -607.1% | -607.1% | -450.7% | 1684.1% | — | -4.0% | 4.3% | 3.7% | 3.9% | 6.3% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -313.9% | -313.9% | -125.6% | 19.6% | -361.9% | -17.1% | 22.6% | 31.2% | 27.8% | 29.0% |
| ROA | -175.1% | -175.1% | -116.9% | 8.5% | -87.5% | -7.7% | 10.3% | 12.4% | 11.6% | 14.2% |
| ROIC | -131.0% | -131.0% | -87.2% | -25.4% | -12.0% | -0.4% | 14.5% | 22.9% | 14.8% | 14.8% |
| ROCE | -198.6% | -198.6% | -124.7% | -33.2% | -21.2% | -0.7% | 24.4% | 52.3% | 37.8% | 32.1% |
BTOG Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $4M ($5M total debt minus $1M cash).
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 5.68 | 5.68 | 0.20 | 0.05 | — | 0.68 | 0.49 | 0.74 | 1.17 | 0.84 |
| Debt / EBITDA | — | — | — | — | — | 48.42 | 1.97 | 1.37 | 2.93 | 1.91 |
| Net Debt / Equity | — | 4.13 | 0.20 | 0.05 | — | 0.63 | 0.35 | 0.72 | 1.17 | 0.83 |
| Net Debt / EBITDA | — | — | — | — | — | 44.37 | 1.44 | 1.33 | 2.92 | 1.89 |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -29.81 | -29.81 | -124.49 | -112.84 | -22.26 | -0.38 | 6.58 | 5.49 | 5.27 | 5.03 |
BTOG Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
BIT ORIGIN Ltd's current ratio of 2.68x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 19.18x to 2.68x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.68 | 2.68 | 1.38 | 19.18 | 0.84 | 1.54 | 2.00 | 1.72 | 1.31 | 1.11 |
| Quick Ratio | 2.68 | 2.68 | 1.38 | 15.27 | 0.83 | 1.54 | 2.00 | 1.72 | 1.29 | 0.94 |
| Cash Ratio | 0.57 | 0.57 | 0.01 | 0.06 | 0.00 | 0.05 | 0.14 | 0.02 | 0.00 | 0.01 |
| Asset Turnover | — | 0.43 | 0.47 | 0.01 | — | 1.75 | 2.00 | 3.00 | 2.34 | 2.25 |
| Inventory Turnover | 0.34 | — | — | 0.34 | — | — | 830.46 | 33523.83 | 206.07 | 26.06 |
| Days Sales Outstanding | — | 641.49 | 27.29 | 8388.84 | — | 32.61 | 141.53 | 97.12 | 111.06 | 65.78 |
BTOG Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
BIT ORIGIN Ltd does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 0.2% | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — |
| Shares Outstanding | — | $5M | $3M | $2M | $1M | $747250 | $793055 | $793055 | $793055 | $793055 |
Peer Comparison
Compare BTOG 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 |
|---|---|---|---|---|---|---|---|---|---|
 BTOGYou | $16M | -0.6 | — | — | -32.7% | -513.7% | -313.9% | -131.0% | — |
 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 |
 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 |
 HUT | $11B | -47.3 | — | — | -614.6% | -2104.6% | -16.9% | -13.8% | — |
 BTBT | $589M | 9.2 | 8.5 | — | 61.9% | 16.8% | 9.2% | 6.5% | 0.2 |
 BITF | $1B | -16.6 | 37.6 | — | -16.8% | -55.8% | -12.0% | -17.1% | 0.7 |
 CORZ | $7B | -25.4 | — | — | 11.9% | -45.4% | — | — | — |
 WULF | $11B | -114.4 | — | — | 55.3% | -54.4% | -31.0% | -10.6% | — |
| Consumer Defensive Median | — | 19.4 | 11.3 | 15.0 | 40.1% | 1.1% | 6.8% | 5.5% | 3.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 9 years · Updated daily
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Start ComparisonBTOG — Frequently Asked Questions
Quick answers to the most common questions about buying BTOG stock.
What is BIT ORIGIN Ltd's P/E ratio?
BIT ORIGIN Ltd's current P/E ratio is -0.6x. This places it at the 50th percentile of its historical range.
What is BIT ORIGIN Ltd's ROE?
BIT ORIGIN Ltd's return on equity (ROE) is -313.9%. The historical average is -76.5%.
Is BTOG stock overvalued?
Based on historical data, BIT ORIGIN Ltd is trading at a P/E of -0.6x. 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 BIT ORIGIN Ltd's profit margins?
BIT ORIGIN Ltd has -32.7% gross margin and -513.7% operating margin.