BGIN (BGIN Blockchain) Mohanram G-Score: 1 (As of Dec. 2025) — Near Median


BGIN BGIN Blockchain Ltd BGIN
39 GF Score
Price $1.97
! 4 Warning Signs
View Full Analysis

What is BGIN Blockchain Mohanram G-Score?

BGIN Blockchain BGIN +7.65% 39 Mohanram G-Score is 1 as of Dec. 2025, which is at its 10-year median of 1.00. GuruFocus rates BGIN with a GF Score™ of 39/100. The stock has 4 warning signs investors should review.

Mohanram G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. Companies have higher G-score tends to generate higher return. According to his study, the best growth stocks that have a G-Score greater than 6 tend to beat the market, while those with a G-Score lower than 1 tend to have negative absolute returns.

Thus, the zones of discrimination were as such:

Good or high score = 6, 7, 8
Bad or low score = 0, 1

BGIN Blockchain has an G-score of 1. It is a bad or low score, which tends to have negative absolute returns.

The historical rank and industry rank for BGIN Blockchain's Mohanram G-Score or its related term are showing as below:

BGIN' s Mohanram G-Score Range Over the Past 10 Years
Min: 1   Med: 1   Max: 1
Current: 1

During the past 6 years, the highest Piotroski G-score of BGIN Blockchain was 1. The lowest was 1. And the median was 1.

BGIN Blockchain  (NAS:BGIN) Mohanram G-Score Explanation

Partha Mohanram is the John H. Watson Chair in Value Investing at Rotman and the Acting Vice-Dean of Research Strategy and Resources.

In 2000, he wrote a research paper called "Separating Winners from Losers Among Low Book-to-Market Stocks Using Financial Statement Analysis".

This paper tests whether a strategy based on financial statement analysis of low book-to-market (growth) stocks is successful in differentiating between winners and losers in terms of future stock performance. Based on the research, a strategy based on buying high G-score (6, 7 or 8) firms and shorting low G-score (0 or 1) firms consistently earns significant excess returns. Further, the results do not support a risk based explanation for the book-to-market effect as the strategy returns positive returns in all years, and firms that ex-ante appear less risky have better future returns.

To conclude, one can use a modified fundamental analysis strategy (G-score) to identify mispricing and earn substantial abnormal returns.


BGIN Blockchain Mohanram G-Score Related Terms


BGIN Blockchain Mohanram G-Score Historical Data

* Premium members only.

The historical data trend for BGIN Blockchain's Mohanram G-Score 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.

BGIN Blockchain Mohanram G-Score Chart

BGIN Blockchain Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Mohanram G-Score
Get a 7-Day Free Trial N/A N/A N/A N/A 1.00

BGIN Blockchain Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Mohanram G-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A 1.00

BGIN vs ALOT, CAN, NNDM: Mohanram G-Score Comparison

For the Computer Hardware subindustry, BGIN Blockchain's Mohanram G-Score, along with its competitors' market caps and Mohanram G-Score 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.


BGIN Blockchain Mohanram G-Score vs Hardware Industry

For the Hardware industry and Technology sector, BGIN Blockchain's Mohanram G-Score distribution charts can be found below:

* The bar in red indicates where BGIN Blockchain's Mohanram G-Score falls into.


BGIN
39GF Score
BGIN Blockchain Ltd BGIN
Mohanram G-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BGIN Blockchain Mohanram G-Score Calculation

The calculation of the Mohanram G-score consists of eight criteria. Assign one point for each criterion met, then add up all the points to get the G-Score.

Profitability

Question 1. Return on Assets (ROA)

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. It measures how well a company uses its asset to generate earnings.

Score 1 if ROA > ROA Industry Median, 0 otherwise.

Question 2. Cash ROA

Cash ROA equals to Cash Flow from Operations divided by average Total Assets. It measures how well a company uses its asset to generate cash.

Score 1 if Cash ROA > Cash ROA Industry Median, 0 otherwise.

Question 3. CFO and Net Income

Score 1 if CFO > Net Income, 0 otherwise.

Earnings Predictability

Question 4. Earnings Variability

Earnings Variability is measured as the variance of a firm's ROA in the past five years.

Score 1 if Earnings Variability < Earnings Variability Industry Median, 0 otherwise.

Question 5. Sales Growth Variability

Sales Growth Variability is measured as the 5-year variance in sales growth.

Score 1 if Sales Growth Variability < Sales Growth Variability Industry Median, 0 otherwise.

Accounting Conservatism

Question 6. Research & Development Intensity

Research & Development Intensity is calcualted by Research & Development divided by the beginning Total Assets.

Score 1 if Research & Development Intensity > Research & Development Intensity Industry Median, 0 otherwise.

Question 7. CAPEX Intensity

CAPEX Intensity is calcualted by Capital Expenditure divided by the beginning Total Assets.

Score 1 if CAPEX Intensity > CAPEX Intensity Industry Median, 0 otherwise.

Question 8. Advertising Expenditure Intensity

Advertising Expenditure Intensity is calcualted by Advertising Expenditure divided by the beginning Total Assets. Note that Advertising Expenditure is not reported as a seperate line item for many companies, thus Selling, General, & Admin. Expense is used in this calculation.

Score 1 if Advertising Expenditure Intensity > Advertising Expenditure Intensity Industry Median, 0 otherwise.

* 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.

* Note that all the Industry Median used for comparison in his original research, are substituted with Sector Median due to the limitation of data within certain countries.

Good or high score = 6, 7, 8
Bad or low score = 0, 1

BGIN Blockchain has an G-score of 1. It is a bad or low score, which tends to have negative absolute returns.

Frequently Asked Questions Learn more about Mohanram G-Score →
What does a Mohanram G-Score of 1 mean?
BGIN Blockchain (BGIN) has a Mohanram G-Score of 1 as of Dec. 2025. G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. View historical data on BGIN Blockchain and its competitors. This is near median its historical median of 1.00. Over the past decade, BGIN Blockchain's Mohanram G-Score has ranged from 1.00 to 1.00.
Is BGIN Blockchain's Mohanram G-Score too high?
BGIN Blockchain's current Mohanram G-Score of 1 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 1.00. Overall, BGIN Blockchain has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does BGIN Blockchain's Mohanram G-Score compare to ALOT and CAN?
BGIN Blockchain's Mohanram G-Score of 1 can be compared against companies in the Hardware industry. Historically, BGIN Blockchain's own Mohanram G-Score has ranged from 1.00 to 1.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Mohanram G-Score for a Hardware company?
A good Mohanram G-Score depends on the Hardware industry context. However, Mohanram G-Score 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 Mohanram G-Score mean?
A high Mohanram G-Score can signal that a stock is expensive relative to its fundamentals. G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. View historical data on BGIN Blockchain and its competitors. BGIN Blockchain's current Mohanram G-Score is 1, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BGIN Blockchain stock overvalued right now?
BGIN Blockchain (BGIN) has a current Mohanram G-Score of 1. The current Mohanram G-Score is 1, which is near median its 10-year median of 1.00. BGIN Blockchain's overall GF Score™ is 39/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Mohanram G-Score calculated?
Mohanram G-Score is calculated from a company's financial statements. For BGIN Blockchain (BGIN), the current Mohanram G-Score is 1 as of Dec. 2025. 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.

BGIN Blockchain Business Description

Address 60 Paya Lebar Road, No. 09 12 Paya Lebar Square, Singapore, SGP, 409051
BGIN Blockchain Ltd is a digital asset technology company engaged in cryptocurrency mining technologies, self-mining operations, and the design and sale of ASIC mining machines. The company develops proprietary mining hardware under its ICERIVER brand and provides mining infrastructure and hosting solutions. It operates through two reportable segments: cryptocurrency mining and sale of mining machines. The company focuses on cryptocurrencies such as Bitcoin, Dogecoin, KAS, ALPH, and RXD. Geographically, it derives revenue from Hong Kong, China, Vietnam, the United States, Singapore, and other markets.
39GF Score

Get the complete analysis for BGIN

Mohanram G-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.97
Price