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BGIN BlockchainBGIN -0.67%38 Return-on-Tangible-Equity is -232.04% as of Dec. 2025. GuruFocus rates BGIN with a GF Score™ of 38/100. The stock has 4 warning signs investors should review. Among 2,385 Hardware companies, BGIN Blockchain ranks worse than 97.06% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. BGIN Blockchain's annualized net income for the quarter that ended in Dec. 2025 was $-232.88 Mil. BGIN Blockchain's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $100.36 Mil. Therefore, BGIN Blockchain's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -232.04%.
The historical rank and industry rank for BGIN Blockchain's Return-on-Tangible-Equity or its related term are showing as below:
BGIN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -133.88 Med: 64.67 Max: 177.06
Current: -129.27
During the past 6 years, BGIN Blockchain's highest Return-on-Tangible-Equity was 177.06%. The lowest was -133.88%. And the median was 64.67%.
BGIN's Return-on-Tangible-Equity is ranked worse than 97.06% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs BGIN: -129.27
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
BGIN Blockchain Return-on-Tangible-Equity Related Terms
BGIN Blockchain Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for BGIN Blockchain's Return-on-Tangible-Equity 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 vs ALOT, CAN, NNDM: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, BGIN Blockchain's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, BGIN Blockchain's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where BGIN Blockchain's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -232.04% mean?
BGIN Blockchain (BGIN) has a Return-on-Tangible-Equity of -232.04% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on BGIN Blockchain and its competitors. According to the industry distribution chart, BGIN Blockchain ranks #2315 out of 2385 companies in the Hardware industry, placing it in the top 97.1%.
Is BGIN Blockchain's Return-on-Tangible-Equity too high?
BGIN Blockchain's current Return-on-Tangible-Equity is -232.04%. Based on the distribution chart, BGIN Blockchain ranks #2315 out of 2385 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, BGIN Blockchain has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does BGIN Blockchain's Return-on-Tangible-Equity compare to ALOT and CAN?
According to the Hardware industry distribution chart, BGIN Blockchain ranks #2315 out of 2385 companies for Return-on-Tangible-Equity. This places BGIN Blockchain in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.32. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.32, based on 2,385 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on BGIN Blockchain and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BGIN Blockchain's current Return-on-Tangible-Equity is -232.04%. 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 Return-on-Tangible-Equity of -232.04%. The current Return-on-Tangible-Equity is -232.04%. BGIN Blockchain's overall GF Score™ is 38/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For BGIN Blockchain (BGIN), the current Return-on-Tangible-Equity is -232.04% 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 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.
38GF Score
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