Grayscale Ethereum Mini Trust ETF (ETH)
Valuation Overview•Is Grayscale Ethereum Mini Trust ETF Overvalued or Undervalued?
Commands a premium valuation multiple over its peers, likely pricing in superior execution.
Moderate quality score of 52/100, reflecting stable operating margins and manageable leverage.
Wall Street forecasts a balanced outlook with consensus price targets near the current price.
Verdict: Average quality business weighed down by significant growth concerns.
Wall Street sentiment is generally neutral alongside robust expected earnings growth. However, capital return yields remain modest, anchored by a strong, well-covered dividend yield.
ETH demonstrates adequate business quality with stable profitability. This is paired with a moderately leveraged but stable balance sheet.
The company maintains stable top-line performance however, earnings have severely contracted over the same period. Operating efficiency remains adequate with margins around 8.4%.
| Financial Metric | Trend (12Q) | Latest Qtr | 1Y Growth | 3Y CAGR | 5Y CAGR | 10Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $149.9M | -4.9% | — | — | -2.0% | |
| EBITDA | $10.4M | — | -25.5% | — | — | |
| Net Income | $11.7M | -19.1% | -20.7% | — | +3.3% | |
| EPS (Diluted) | $0.46 | -19.3% | -20.8% | +42.7% | +4.7% | |
| Free Cash Flow | $15.4M | -99.9% | -90.3% | -73.3% | — |
| Metric | TTM | 3Y Avg | 5Y Avg | 10Y Avg |
|---|---|---|---|---|
| Gross Margin | 60.8% | 60.7% | 59.7% | 57.3% |
| Operating Margin | 8.4% | 13.0% | 13.4% | 10.1% |
| Net Margin | 7.3% | 10.5% | 10.6% | 7.5% |
| FCF Margin | 5.9% | 7.3% | 9.2% | 7.5% |
Total return is -31.0% (1Y), lagging the benchmark by -56.0%
| Period | Total Return | vs S&P 500 (Alpha) | Dividend Contribution |
|---|---|---|---|
| YTD | -45.0% | -54.3% | — |
| 1Y | -31.0% | -56.0% | — |
| 3YCAGR | -20.9% | -39.9% | — |
| 5YCAGR | -12.3% | -24.5% | +2.3% |
| 10YCAGR | -4.3% | -17.9% | — |
The S&P 500 is at 31.3x trailing P/E — Expensive relative to historical averages.
Quick answers to common questions about Grayscale Ethereum Mini Trust ETF (ETH) valuation, health, and returns.
Based on peer relative multiples, Grayscale Ethereum Mini Trust ETF appears Limited: Expensive versus peers compared to industry peers.
Grayscale Ethereum Mini Trust ETF has multiple valuation anchors: Peer Relative Fair Value: $7.91. A convergence of these signals offers higher conviction.
Grayscale Ethereum Mini Trust ETF displays fair financial health with a composite quality score of 52/100, supported by a Piotroski F-Score of 4/9, Return on Invested Capital (ROIC) of 7.6%.
Grayscale Ethereum Mini Trust ETF does not return material capital to shareholders via dividends or share repurchases, electing to retain earnings to fund internal growth.
Grayscale Ethereum Mini Trust ETF's current growth trajectory is Accelerating. The company achieved -4.9% 1Y revenue growth and -19.3% 1Y EPS growth, compared to its 3Y revenue CAGR of N/A.
Wall Street consensus is Hold based on 10 analysts. The consensus price target represents a N/A change from current levels.
Investment risks for Grayscale Ethereum Mini Trust ETF include: -67.2% 1-year max drawdown, high beta (2.94x market volatility). Volatility risk is characterized by a beta of 2.94x.
No. These computations are purely quantitative model outputs for informational purposes. They do not account for qualitative management shifts or macro events. Always consult a licensed RIA before buying or selling shares.
Disclaimer: This page is for informational purposes only and does not constitute financial advice. All valuation models, scores, and target estimates are automated computations under stated assumptions and should not be relied upon as the sole basis for any investment decision.