ARBK (Argo Blockchain) EV-to-EBITDA: 3.59 (As of Aug. 01, 2026)

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.

ARBK Argo Blockchain PLC ARBK
48 GF Score
Price $2.86
GF Value $13.66
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Argo Blockchain EV-to-EBITDA?

Argo Blockchain ARBK -1.72% 48 EV-to-EBITDA is 3.59 as of Aug. 01, 2026. GuruFocus rates ARBK with a GF Score™ of 48/100 and a GF Value™ of $13.66 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 515 Capital Markets companies, Argo Blockchain ranks better than 75.92% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Argo Blockchain's enterprise value is $43.12 Mil. Argo Blockchain's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $12.02 Mil. Therefore, Argo Blockchain's EV-to-EBITDA for today is 3.59.

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

ARBK' s EV-to-EBITDA Range Over the Past 10 Years
Min: -78.56   Med: -0.63   Max: 131.09
Current: 3.59

During the past 8 years, the highest EV-to-EBITDA of Argo Blockchain was 131.09. The lowest was -78.56. And the median was -0.63.

ARBK's EV-to-EBITDA is ranked better than
75.92% of 515 companies
in the Capital Markets industry
Industry Median: 9.39 vs ARBK: 3.59

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 (2026-08-01), Argo Blockchain's stock price is $2.86. Argo Blockchain's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $-20.611. Therefore, Argo Blockchain's PE Ratio (TTM) for today is At Loss.

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


Argo Blockchain  (NAS:ARBK) 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 (TTM) to determine the fair market value of a company.

Argo Blockchain's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.86/-20.611
=At Loss

Argo Blockchain's share price for today is $2.86.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Argo Blockchain's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $-20.611.

* 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 (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Argo Blockchain EV-to-EBITDA Related Terms


Argo Blockchain EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Argo Blockchain'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.

Argo Blockchain EV-to-EBITDA Chart

Argo Blockchain Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 7.22 -0.53 -84.60 -2.22 0.53

Argo Blockchain Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBITDA 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 -84.60 -3.94 -2.22 -3.00 0.53

ARBK vs PLUT, VIP, NCTY: EV-to-EBITDA Comparison

For the Capital Markets subindustry, Argo Blockchain'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.


Argo Blockchain EV-to-EBITDA vs Capital Markets Industry

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

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


ARBK
48GF Score
Argo Blockchain PLC ARBK
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Argo Blockchain EV-to-EBITDA Calculation

Argo Blockchain's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=43.115/12.02
=3.59

Argo Blockchain's current Enterprise Value is $43.12 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Argo Blockchain's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $12.02 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-EBITDA →
What does a EV-to-EBITDA of 3.59 mean?
Argo Blockchain (ARBK) has a EV-to-EBITDA of 3.59 as of Aug. 01, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Argo Blockchain. According to the industry distribution chart, Argo Blockchain ranks #124 out of 515 companies in the Capital Markets industry, placing it in the top 24.1%.
Is Argo Blockchain's EV-to-EBITDA too high?
Argo Blockchain's current EV-to-EBITDA is 3.59. The Capital Markets industry median EV-to-EBITDA is 9.39. Argo Blockchain's value of 3.59 is 61.8% below this industry median. Based on the distribution chart, Argo Blockchain ranks #124 out of 515 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Argo Blockchain has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Argo Blockchain's EV-to-EBITDA compare to PLUT and VIP?
According to the Capital Markets industry distribution chart, Argo Blockchain ranks #124 out of 515 companies for EV-to-EBITDA. This places Argo Blockchain in the top 24% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.39. Argo Blockchain's value of 3.59 is 61.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Capital Markets company?
The median EV-to-EBITDA among Capital Markets companies is 9.39, based on 515 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argo Blockchain's current EV-to-EBITDA of 3.59 is 61.8% below 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Argo Blockchain. For the Capital Markets industry, the median EV-to-EBITDA is 9.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Blockchain's current EV-to-EBITDA is 3.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Blockchain stock overvalued right now?
Based on GuruFocus' analysis, Argo Blockchain (ARBK) is currently considered Possible Value Trap. The stock's GF Value™ is $13.66, compared to a current price of $2.86 — trading 79.1% below its estimated fair value. The current EV-to-EBITDA is 3.59 and 61.8% below the Capital Markets industry median of 9.39. Argo Blockchain's overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Argo Blockchain (ARBK), the current EV-to-EBITDA is 3.59 as of Aug. 01, 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 Argo Blockchain (ARBK) Overvalued in 2026?

Based on GuruFocus' analysis, Argo Blockchain stock appears to be undervalued. The current stock price of $2.86 is trading 79.1% below its estimated GF Value™ of $13.66. GuruFocus considers Argo Blockchain to be Possible Value Trap.

Key valuation signals for ARBK:

  • EV-to-EBITDA: 3.59
  • GF Value™: $13.66 vs. price of $2.86 (79.1% below fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 61.8% below the Capital Markets median (#124 of 515)

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


Argo Blockchain Business Description

Address 27/28 Eastcastle Street, Eastcastle House, London, GBR, W1W 8DH
Argo Blockchain PLC is a blockchain technology company focused on the large-scale mining of Bitcoin. It mines bitcoin using purpose-built computers (or mining machines) to solve complex cryptographic algorithms on the blockchain in exchange for rewards and fees denominated in the native token of that blockchain network. The company acquires and deploys mining technology solutions in North American facilities that utilize predominantly renewable and inexpensive electricity.
48GF Score

Get the complete analysis for ARBK

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

$2.86
Price
$13.66
GF Value