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Abits Group (Abits Group) EV-to-EBITDA : -3.83 (As of May. 12, 2024)


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What is Abits Group EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Abits Group's enterprise value is $29.05 Mil. Abits Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-7.59 Mil. Therefore, Abits Group's EV-to-EBITDA for today is -3.83.

The historical rank and industry rank for Abits Group's EV-to-EBITDA or its related term are showing as below:

ABTS' s EV-to-EBITDA Range Over the Past 10 Years
Min: -18.42   Med: -2.92   Max: 2084.79
Current: -3.83

During the past 5 years, the highest EV-to-EBITDA of Abits Group was 2084.79. The lowest was -18.42. And the median was -2.92.

ABTS's EV-to-EBITDA is ranked worse than
100% of 501 companies
in the Capital Markets industry
Industry Median: 9.36 vs ABTS: -3.83

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-12), Abits Group's stock price is $0.807. Abits Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.355. Therefore, Abits Group's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Abits Group EV-to-EBITDA Historical Data

The historical data trend for Abits Group's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Abits Group EV-to-EBITDA Chart

Abits Group Annual Data
Trend Sep19 Sep20 Dec21 Dec22 Dec23
EV-to-EBITDA
- - -18.64 -0.89 -5.22

Abits Group Semi-Annual Data
Sep19 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial -18.64 - -0.89 - -5.22

Competitive Comparison of Abits Group's EV-to-EBITDA

For the Capital Markets subindustry, Abits Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Abits Group's EV-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Abits Group's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Abits Group's EV-to-EBITDA falls into.



Abits Group EV-to-EBITDA Calculation

Abits Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=29.047/-7.593
=-3.83

Abits Group's current Enterprise Value is $29.05 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Abits Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-7.59 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Abits Group  (NAS:ABTS) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Abits Group's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.807/-0.355
=At Loss

Abits Group's share price for today is $0.807.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Abits Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.355.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Abits Group EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Abits Group's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Abits Group (Abits Group) Business Description

Traded in Other Exchanges
N/A
Address
30 Canton Road, Unit 911, Tower 2, Silvercord, Tsimshatsui, Hong Kong SAR, CHN
Abits Group Inc Formerly Moxian (BVI) Inc operates in the bitcoin mining industry. The company is engaged digital asset mining pools by executing contracts with mining pool operators to provide computing power to the mining pool. The Company provides computing power to the mining pool operator and is created as power is provided over time.
Executives
Deng Conglin director ROOM BC, 9TH FLOOR, FU HUA BUILDING, NO. 8 BEI DA STREET, CHAO YANG DISTRICT, BEIJING F4 100000

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