BTOG (Bit Origin) EV-to-FCF: -3.40 (As of Jun. 25, 2026)


BTOG Bit Origin Ltd BTOG
29 GF Score
Price $1.77
GF Value $0.20
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Bit Origin EV-to-FCF?

Bit Origin BTOG -0.56% 29 EV-to-FCF is -3.40 as of Jun. 25, 2026. GuruFocus rates BTOG with a GF Score™ of 29/100 and a GF Value™ of $0.20 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 443 Capital Markets companies, Bit Origin ranks worse than 225733.41% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Bit Origin's Enterprise Value is $7.78 Mil. Bit Origin's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2025 was $-2.29 Mil. Therefore, Bit Origin's EV-to-FCF for today is -3.40.

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

BTOG' s EV-to-FCF Range Over the Past 10 Years
Min: -33.87   Med: -2.42   Max: 0.07
Current: -3.4

During the past 10 years, the highest EV-to-FCF of Bit Origin was 0.07. The lowest was -33.87. And the median was -2.42.

BTOG's EV-to-FCF is ranked worse than
100% of 443 companies
in the Capital Markets industry
Industry Median: 9.37 vs BTOG: -3.40

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-06-25), Bit Origin's stock price is $1.77. Bit Origin's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2025 was $-24.193. Therefore, Bit Origin's PE Ratio (TTM) for today is At Loss.


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

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

Bit Origin's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.77/-24.193
=At Loss

Bit Origin's share price for today is $1.77.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bit Origin's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2025 was $-24.193.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Bit Origin EV-to-FCF Related Terms


Bit Origin EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Bit Origin's EV-to-FCF 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-FCF Chart

Bit Origin Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.54 -1.77 -1.30 -3.19 -3.72

Bit Origin Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
EV-to-FCF 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 -1.30 0.00 -3.19 0.00 -3.72

BTOG vs QMCI, SPGI, CME: EV-to-FCF Comparison

For the Financial Data & Stock Exchanges subindustry, Bit Origin's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Capital Markets Industry

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

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


BTOG
29GF Score
Bit Origin Ltd BTOG
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bit Origin EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=7.782/-2.29
=-3.40

Bit Origin's current Enterprise Value is $7.78 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bit Origin's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2025 was $-2.29 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-FCF →
What does a EV-to-FCF of -3.40 mean?
Bit Origin (BTOG) has a EV-to-FCF of -3.40 as of Jun. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Bit Origin and its competitors. According to the industry distribution chart, Bit Origin ranks #999999 out of 443 companies in the Capital Markets industry.
Is Bit Origin's EV-to-FCF too high?
Bit Origin's current EV-to-FCF is -3.40. Based on the distribution chart, Bit Origin ranks #999999 out of 443 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Bit Origin has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bit Origin's EV-to-FCF compare to QMCI and SPGI?
According to the Capital Markets industry distribution chart, Bit Origin ranks #999999 out of 443 companies for EV-to-FCF. This places Bit Origin in the lower half of its industry. The industry median EV-to-FCF is 9.37. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Capital Markets company?
The median EV-to-FCF among Capital Markets companies is 9.37, based on 443 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Bit Origin and its competitors. For the Capital Markets industry, the median EV-to-FCF is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bit Origin's current EV-to-FCF is -3.40. 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 $0.20, compared to a current price of $1.77 — trading 785% above its estimated fair value. The current EV-to-FCF is -3.40. Bit Origin's overall GF Score™ is 29/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Bit Origin (BTOG), the current EV-to-FCF is -3.40 as of Jun. 25, 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 $1.77 is trading 785% above its estimated GF Value™ of $0.20. GuruFocus considers Bit Origin to be Significantly Overvalued.

Key valuation signals for BTOG:

  • EV-to-FCF: -3.40
  • GF Value™: $0.20 vs. price of $1.77 (785% above fair value)
  • GF Score™: 29/100 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.
29GF Score

Get the complete analysis for BTOG

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

$1.77
Price
$0.20
GF Value