BMNR (BitMine Immersion Technologies) EV-to-EBITDA: -1.87 (As of Sep. 21, 2026)

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BMNR BitMine Immersion Technologies Inc BMNR
41 GF Score
Price $27.67
GF Value $2.98
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is BitMine Immersion Technologies EV-to-EBITDA?

BitMine Immersion Technologies BMNR +6.44% 41 EV-to-EBITDA is -1.87 as of Sep. 21, 2026. GuruFocus rates BMNR with a GF Score™ of 41/100 and a GF Value™ of $2.98 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 541 Capital Markets companies, BitMine Immersion Technologies ranks worse than 184842.7% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, BitMine Immersion Technologies's enterprise value is $16,349.73 Mil. BitMine Immersion Technologies's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was $-8,753.67 Mil. Therefore, BitMine Immersion Technologies's EV-to-EBITDA for today is -1.87.

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

BMNR' s EV-to-EBITDA Range Over the Past 10 Years
Min: -176.39   Med: -13.8   Max: 31.4
Current: -1.87

During the past 7 years, the highest EV-to-EBITDA of BitMine Immersion Technologies was 31.40. The lowest was -176.39. And the median was -13.80.

BMNR's EV-to-EBITDA is ranked worse than
100% of 541 companies
in the Capital Markets industry
Industry Median: 8.23 vs BMNR: -1.87

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 (2026-09-21), BitMine Immersion Technologies's stock price is $27.665. BitMine Immersion Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was $-8.529. Therefore, BitMine Immersion Technologies'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).


BitMine Immersion Technologies  (NYSE:BMNR) 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.

BitMine Immersion Technologies's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=27.665/-8.529
=At Loss

BitMine Immersion Technologies's share price for today is $27.665.
BitMine Immersion Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.529.

* 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?


BitMine Immersion Technologies EV-to-EBITDA Related Terms


BitMine Immersion Technologies EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for BitMine Immersion Technologies'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.

BitMine Immersion Technologies EV-to-EBITDA Chart

BitMine Immersion Technologies Annual Data
Trend Dec12 Dec13 Aug21 Aug22 Aug23 Aug24 Aug25
EV-to-EBITDA
Get a 7-Day Free Trial -167.01 -26.48 -18.65 -12.37 1.26

BitMine Immersion Technologies Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.05 0.90 -2.04 -0.89 -1.17

BMNR vs IREN, SF, JEF: EV-to-EBITDA Comparison

For the Capital Markets subindustry, BitMine Immersion Technologies'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.


BitMine Immersion Technologies EV-to-EBITDA vs Capital Markets Industry

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

* The bar in red indicates where BitMine Immersion Technologies's EV-to-EBITDA falls into.


BMNR
41GF Score
BitMine Immersion Technologies Inc BMNR
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BitMine Immersion Technologies EV-to-EBITDA Calculation

BitMine Immersion Technologies's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=16349.730/-8753.671461
=-1.87

BitMine Immersion Technologies's current Enterprise Value is $16,349.73 Mil.
BitMine Immersion Technologies's EBITDA for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8,753.67 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 -1.87 mean?
BitMine Immersion Technologies (BMNR) has a EV-to-EBITDA of -1.87 as of Sep. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on BitMine Immersion Technologies. According to the industry distribution chart, BitMine Immersion Technologies ranks #999999 out of 541 companies in the Capital Markets industry.
Is BitMine Immersion Technologies' EV-to-EBITDA too high?
BitMine Immersion Technologies' current EV-to-EBITDA is -1.87. Based on the distribution chart, BitMine Immersion Technologies ranks #999999 out of 541 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, BitMine Immersion Technologies has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BitMine Immersion Technologies' EV-to-EBITDA compare to IREN and SF?
According to the Capital Markets industry distribution chart, BitMine Immersion Technologies ranks #999999 out of 541 companies for EV-to-EBITDA. This places BitMine Immersion Technologies in the lower half of its industry. The industry median EV-to-EBITDA is 8.23. 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 8.23, based on 541 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. 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 BitMine Immersion Technologies. For the Capital Markets industry, the median EV-to-EBITDA is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BitMine Immersion Technologies's current EV-to-EBITDA is -1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BitMine Immersion Technologies stock overvalued right now?
Based on GuruFocus' analysis, BitMine Immersion Technologies (BMNR) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.98, compared to a current price of $27.67 — trading 828.4% above its estimated fair value. The current EV-to-EBITDA is -1.87. BitMine Immersion Technologies' overall GF Score™ is 41/100 with 3 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 BitMine Immersion Technologies (BMNR), the current EV-to-EBITDA is -1.87 as of Sep. 21, 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 BitMine Immersion Technologies (BMNR) Overvalued in 2026?

Based on GuruFocus' analysis, BitMine Immersion Technologies stock appears to be overvalued. The current stock price of $27.67 is trading 828.4% above its estimated GF Value™ of $2.98. GuruFocus considers BitMine Immersion Technologies to be Significantly Overvalued.

Key valuation signals for BMNR:

  • EV-to-EBITDA: -1.87
  • GF Value™: $2.98 vs. price of $27.67 (828.4% above fair value)
  • GF Score™: 41/100 with 3 warning signs

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


BitMine Immersion Technologies Business Description

Other Exchanges BMNR:MexicoY6G0:Germany
Address 10845 Griffith Peak, Drive 2, Las Vegas, NV, USA, 89135
BitMine Immersion Technologies Inc is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by its Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, Synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine's operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.
41GF Score

Get the complete analysis for BMNR

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

$27.67
Price
$2.98
GF Value