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BIT Mining (BIT Mining) EV-to-EBITDA : -3.53 (As of Apr. 25, 2024)


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What is BIT Mining EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, BIT Mining's enterprise value is $38.5 Mil. BIT Mining's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was $-10.9 Mil. Therefore, BIT Mining's EV-to-EBITDA for today is -3.53.

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

BTCM' s EV-to-EBITDA Range Over the Past 10 Years
Min: -47   Med: -5.46   Max: 242
Current: -3.53

During the past 14 years, the highest EV-to-EBITDA of BIT Mining was 242.00. The lowest was -47.00. And the median was -5.46.

BTCM's EV-to-EBITDA is ranked worse than
100% of 1849 companies
in the Software industry
Industry Median: 14.7 vs BTCM: -3.53

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 (2024-04-25), BIT Mining's stock price is $3.17. BIT Mining's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.772. Therefore, BIT Mining'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.


BIT Mining EV-to-EBITDA Historical Data

The historical data trend for BIT Mining'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.

BIT Mining EV-to-EBITDA Chart

BIT Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.95 -21.75 -10.36 -0.11 -5.08

BIT Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.11 -0.15 -0.20 -0.24 -

Competitive Comparison of BIT Mining's EV-to-EBITDA

For the Information Technology Services subindustry, BIT Mining'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.


BIT Mining's EV-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, BIT Mining's EV-to-EBITDA distribution charts can be found below:

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



BIT Mining EV-to-EBITDA Calculation

BIT Mining's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=38.515/-10.909
=-3.53

BIT Mining's current Enterprise Value is $38.5 Mil.
BIT Mining's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.9 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 Mining  (NYSE:BTCM) 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.

BIT Mining's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3.17/-1.772
=At Loss

BIT Mining's share price for today is $3.17.
BIT Mining's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.772.

* 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?


BIT Mining EV-to-EBITDA Related Terms

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


BIT Mining (BIT Mining) Business Description

Traded in Other Exchanges
Address
428 South Seiberling Street, Akron, OH, USA, 44306
BIT Mining Ltd is a cryptocurrency mining company, with a long-term strategy to encompass the whole cryptocurrency value chain. Its business covers cryptocurrency mining, mining pool, data center operation and mining machine manufacturing. The company has significant and growing deployed Bitcoin mining machine capacity, owns three hydroelectric cryptocurrency mines with combined power capacity of 435MW and the entire mining pool business operated under BTC.com, including the domain name and wallet. It has also entered into a definitive agreement to acquire a 7 nanometer cryptocurrency mining machine manufacturer "Bee Computing", completing its vertical integration, making self-sufficient while also strengthening competitive position.