Bitcoin Group SE (XSWX:ADE) Capex-to-Operating-Cash-Flow: 1.04 (As of Dec. 2025) — 10300% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:ADE Bitcoin Group SE XSWX:ADE
49 GF Score
Price CHF22.88
GF Value CHF336.14
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Bitcoin Group SE Capex-to-Operating-Cash-Flow?

Bitcoin Group SE XSWX:ADE 49 Capex-to-Operating-Cash-Flow is 1.04 as of Dec. 2025, which is 10300% above its 10-year median of 0.01. GuruFocus rates XSWX:ADE with a GF Score™ of 49/100 and a GF Value™ of CHF336.14 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 243 Asset Management companies, Bitcoin Group SE ranks worse than 411522.22% on this metric.

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

Bitcoin Group SE's Capital Expenditure for the six months ended in Dec. 2025 was CHF-1.68 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2025 was CHF1.61 Mil.

Hence, Bitcoin Group SE's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2025 was 1.04.


Bitcoin Group SE  (XSWX:ADE) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


Bitcoin Group SE Capex-to-Operating-Cash-Flow Related Terms


Bitcoin Group SE Capex-to-Operating-Cash-Flow Historical Data

* Premium members only.

The historical data trend for Bitcoin Group SE's Capex-to-Operating-Cash-Flow 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.

Bitcoin Group SE Capex-to-Operating-Cash-Flow Chart

Bitcoin Group SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.00 0.00 0.01 0.00

Bitcoin Group SE Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.04

XSWX:ADE vs BLK, BX, KKR: Capex-to-Operating-Cash-Flow Comparison

For the Asset Management subindustry, Bitcoin Group SE's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow 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.


Bitcoin Group SE Capex-to-Operating-Cash-Flow vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Bitcoin Group SE's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Bitcoin Group SE's Capex-to-Operating-Cash-Flow falls into.


XSWX:ADE
49GF Score
Bitcoin Group SE XSWX:ADE
Capex-to-Operating-Cash-Flow is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bitcoin Group SE Capex-to-Operating-Cash-Flow Calculation

Bitcoin Group SE's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2025 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-1.698) / -1.272
=N/A

Bitcoin Group SE's Capex-to-Operating-Cash-Flow for the quarter that ended in Dec. 2025 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-1.682) / 1.612
=1.04

* 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.

What does a Capex-to-Operating-Cash-Flow of 1.04 mean?
Bitcoin Group SE (XSWX:ADE) has a Capex-to-Operating-Cash-Flow of 1.04 as of Dec. 2025. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on Bitcoin Group SE and its competitors. This is 10300% above median its historical median of 0.01. Over the past decade, Bitcoin Group SE's Capex-to-Operating-Cash-Flow has ranged from 0.01 to 0.02. According to the industry distribution chart, Bitcoin Group SE ranks #999999 out of 243 companies in the Asset Management industry.
Is Bitcoin Group SE's Capex-to-Operating-Cash-Flow too high?
Bitcoin Group SE's current Capex-to-Operating-Cash-Flow of 1.04 is 10300% above median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.02. The Asset Management industry median Capex-to-Operating-Cash-Flow is 0.07. Bitcoin Group SE's value of 1.04 is 1385.7% above this industry median. Based on the distribution chart, Bitcoin Group SE ranks #999999 out of 243 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Bitcoin Group SE has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bitcoin Group SE's Capex-to-Operating-Cash-Flow compare to BLK and BX?
According to the Asset Management industry distribution chart, Bitcoin Group SE ranks #999999 out of 243 companies for Capex-to-Operating-Cash-Flow. This places Bitcoin Group SE in the lower half of its industry. The industry median Capex-to-Operating-Cash-Flow is 0.07. Bitcoin Group SE's value of 1.04 is 1385.7% above this benchmark. Historically, Bitcoin Group SE's own Capex-to-Operating-Cash-Flow has ranged from 0.01 to 0.02 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 0.07, Bitcoin Group SE has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Cash-Flow for an Asset Management company?
The median Capex-to-Operating-Cash-Flow among Asset Management companies is 0.07, based on 243 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Cash-Flow significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Cash-Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bitcoin Group SE's current Capex-to-Operating-Cash-Flow of 1.04 is 1385.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Operating-Cash-Flow mean?
A high Capex-to-Operating-Cash-Flow can signal that a stock is expensive relative to its fundamentals. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on Bitcoin Group SE and its competitors. For the Asset Management industry, the median Capex-to-Operating-Cash-Flow is 0.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bitcoin Group SE's current Capex-to-Operating-Cash-Flow is 1.04, which is 10300% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitcoin Group SE stock overvalued right now?
Based on GuruFocus' analysis, Bitcoin Group SE (XSWX:ADE) is currently considered Possible Value Trap. The stock's GF Value™ is CHF336.14, compared to a current price of CHF22.88 — trading 93.2% below its estimated fair value. The current Capex-to-Operating-Cash-Flow is 1.04, which is 10300% above median its 10-year median of 0.01 and 1385.7% above the Asset Management industry median of 0.07. Bitcoin Group SE's overall GF Score™ is 49/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Cash-Flow calculated?
Capex-to-Operating-Cash-Flow is calculated from a company's financial statements. For Bitcoin Group SE (XSWX:ADE), the current Capex-to-Operating-Cash-Flow is 1.04 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bitcoin Group SE (XSWX:ADE) Overvalued in 2026?

Based on GuruFocus' analysis, Bitcoin Group SE stock appears to be undervalued. The current stock price of CHF22.88 is trading 93.2% below its estimated GF Value™ of CHF336.14. GuruFocus considers Bitcoin Group SE to be Possible Value Trap.

Key valuation signals for XSWX:ADE:

  • Capex-to-Operating-Cash-Flow: 1.04 (10300% above median its 10-year median of 0.01)
  • GF Value™: CHF336.14 vs. price of CHF22.88 (93.2% below fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 1385.7% above the Asset Management median (#999999 of 243)

No single metric tells the full story. See the XSWX:ADE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bitcoin Group SE Business Description

Address Europe Square 2, Berlin, DEU, 10557
Bitcoin Group SE is a venture capital company. The Company focuses on the acquisition, sale and management of investments in companies, and the acquisition of strategic leadership, management and coordination of these companies.
49GF Score

Get the complete analysis for XSWX:ADE

Capex-to-Operating-Cash-Flow is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF22.88
Price
CHF336.14
GF Value