BTOG (Bit Origin) EV-to-EBIT: -1.61 (As of Aug. 08, 2026)

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BTOG Bit Origin Ltd BTOG
24 GF Score
Price $0.82
GF Value $0.10
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Bit Origin EV-to-EBIT?

Bit Origin BTOG +4.72% 24 EV-to-EBIT is -1.61 as of Aug. 08, 2026. GuruFocus rates BTOG with a GF Score™ of 24/100 and a GF Value™ of $0.10 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 500 Capital Markets companies, Bit Origin ranks worse than 199999.8% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Bit Origin's Enterprise Value is $15.45 Mil. Bit Origin's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-9.60 Mil. Therefore, Bit Origin's EV-to-EBIT for today is -1.61.

The historical rank and industry rank for Bit Origin's EV-to-EBIT or its related term are showing as below:

BTOG' s EV-to-EBIT Range Over the Past 10 Years
Min: -5.09   Med: -0.22   Max: 21.64
Current: -1.61

During the past 10 years, the highest EV-to-EBIT of Bit Origin was 21.64. The lowest was -5.09. And the median was -0.22.

BTOG's EV-to-EBIT is ranked worse than
100% of 500 companies
in the Capital Markets industry
Industry Median: 9.85 vs BTOG: -1.61

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Bit Origin's Enterprise Value for the quarter that ended in Dec. 2025 was $28.62 Mil. Bit Origin's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-9.60 Mil. Bit Origin's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -33.53%.


Bit Origin  (NAS:BTOG) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Bit Origin's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=-9.595/28.61879851
=-33.53 %

Bit Origin's Enterprise Value for the quarter that ended in Dec. 2025 was $28.62 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bit Origin's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-9.60 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.


Bit Origin EV-to-EBIT Related Terms


Bit Origin EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Bit Origin's EV-to-EBIT 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.

Bit Origin EV-to-EBIT Chart

Bit Origin Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.49 -7.55 -0.32 -1.42 -2.18

Bit Origin Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBIT 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 0.00 -1.42 0.00 -2.18 0.00

BTOG vs MWAI, PWCM, IPST: EV-to-EBIT Comparison

For the Financial Data & Stock Exchanges subindustry, Bit Origin's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Bit Origin EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bit Origin's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bit Origin's EV-to-EBIT falls into.


BTOG
24GF Score
Bit Origin Ltd BTOG
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bit Origin EV-to-EBIT Calculation

Bit Origin's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=15.453/-9.595
=-1.61

Bit Origin's current Enterprise Value is $15.45 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bit Origin's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-9.60 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of -1.61 mean?
Bit Origin (BTOG) has a EV-to-EBIT of -1.61 as of Aug. 08, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Bit Origin and its competitors. According to the industry distribution chart, Bit Origin ranks #999999 out of 500 companies in the Capital Markets industry.
Is Bit Origin's EV-to-EBIT too high?
Bit Origin's current EV-to-EBIT is -1.61. Based on the distribution chart, Bit Origin ranks #999999 out of 500 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Bit Origin has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bit Origin's EV-to-EBIT compare to MWAI and PWCM?
According to the Capital Markets industry distribution chart, Bit Origin ranks #999999 out of 500 companies for EV-to-EBIT. This places Bit Origin in the lower half of its industry. The industry median EV-to-EBIT is 9.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Capital Markets company?
The median EV-to-EBIT among Capital Markets companies is 9.85, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Bit Origin and its competitors. For the Capital Markets industry, the median EV-to-EBIT is 9.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bit Origin's current EV-to-EBIT is -1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bit Origin stock overvalued right now?
Based on GuruFocus' analysis, Bit Origin (BTOG) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.10, compared to a current price of $0.82 — trading 720% above its estimated fair value. The current EV-to-EBIT is -1.61. Bit Origin's overall GF Score™ is 24/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Bit Origin (BTOG), the current EV-to-EBIT is -1.61 as of Aug. 08, 2026. 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 Bit Origin (BTOG) Overvalued in 2026?

Based on GuruFocus' analysis, Bit Origin stock appears to be overvalued. The current stock price of $0.82 is trading 720% above its estimated GF Value™ of $0.10. GuruFocus considers Bit Origin to be Significantly Overvalued.

Key valuation signals for BTOG:

  • EV-to-EBIT: -1.61
  • GF Value™: $0.10 vs. price of $0.82 (720% above fair value)
  • GF Score™: 24/100 with 7 warning signs

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


Bit Origin Business Description

Address 160 Robinson Road, 12th Floor, SBF Center, Singapore, SGP, 068914
Bit Origin Ltd is seeking opportunities in deploying new technologies, crypto asset mining and blockchain technologies in Singapore. The company has focused on building the Bitcoin mining ecosystem through incubations, strategic investments, and acquisitions. It derives all of its revenue from Bitcoin mining.
24GF Score

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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.82
Price
$0.10
GF Value