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. Bitdeer Technologies Group's annualized net income for the quarter that ended in Mar. 2026 was $-638.1 Mil. Bitdeer Technologies Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $672.5 Mil. Therefore, Bitdeer Technologies Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -94.88%.
The historical rank and industry rank for Bitdeer Technologies Group's Return-on-Tangible-Equity or its related term are showing as below:
BTDR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -246.9 Med: -18.74 Max: 38.96
Current: -32.64
During the past 7 years, Bitdeer Technologies Group's highest Return-on-Tangible-Equity was 38.96%. The lowest was -246.90%. And the median was -18.74%.
BTDR's Return-on-Tangible-Equity is ranked worse than 83.68% of 2469
companies
in the Software industry
Industry Median: 8.62
vs BTDR: -32.64
Bitdeer Technologies Group (NAS:BTDR) Return-on-Tangible-Equity Explanation
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.
Bitdeer Technologies Group Return-on-Tangible-Equity Related Terms
Bitdeer Technologies Group Return-on-Tangible-Equity Historical Data
* 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.
Bitdeer Technologies Group Return-on-Tangible-Equity Chart
BTDR vs LIF, PTRN, OCTV: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Bitdeer Technologies Group'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.
Bitdeer Technologies Group Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Bitdeer Technologies Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bitdeer Technologies Group'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 four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -94.88% mean?
Bitdeer Technologies Group (BTDR) has a Return-on-Tangible-Equity of -94.88% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bitdeer Technologies Group and its competitors. According to the industry distribution chart, Bitdeer Technologies Group ranks #2066 out of 2469 companies in the Software industry, placing it in the top 83.7%.
Is Bitdeer Technologies Group's Return-on-Tangible-Equity too high?
Bitdeer Technologies Group's current Return-on-Tangible-Equity is -94.88%. Based on the distribution chart, Bitdeer Technologies Group ranks #2066 out of 2469 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Bitdeer Technologies Group has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bitdeer Technologies Group's Return-on-Tangible-Equity compare to LIF and PTRN?
According to the Software industry distribution chart, Bitdeer Technologies Group ranks #2066 out of 2469 companies for Return-on-Tangible-Equity. This places Bitdeer Technologies Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.62. 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.62, based on 2,469 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 Bitdeer Technologies Group and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bitdeer Technologies Group's current Return-on-Tangible-Equity is -94.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitdeer Technologies Group stock overvalued right now?
Based on GuruFocus' analysis, Bitdeer Technologies Group (BTDR) is currently considered Fairly Valued. The stock's GF Value™ is $13.89, compared to a current price of $13.85 — trading 0.3% below its estimated fair value. The current Return-on-Tangible-Equity is -94.88%. Bitdeer Technologies Group's overall GF Score™ is 71/100 with 10 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 Bitdeer Technologies Group (BTDR), the current Return-on-Tangible-Equity is -94.88% as of Mar. 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 Bitdeer Technologies Group (BTDR) Overvalued in 2026?
Based on GuruFocus' analysis, Bitdeer Technologies Group stock appears to be undervalued.
The current stock price of $13.85 is trading 0.3% below its estimated GF Value™ of $13.89.
GuruFocus considers Bitdeer Technologies Group to be Fairly Valued.
Key valuation signals for BTDR:
Return-on-Tangible-Equity: -94.88%
GF Value™: $13.89 vs. price of $13.85 (0.3% below fair value)
No single metric tells the full story. See the BTDR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bitdeer Technologies Group is principally engaged in the provision of digital asset mining services. The Company does not conduct any substantive operations on its own but conducts its primary operations through its subsidiaries. Its majority business segments are: proprietary mining, cloud hash rate sharing and cloud hosting. The company operates five proprietary mining datacenters in the United States and Norway, Bhutan and Singapore.
71GF Score
Get the complete analysis for BTDR
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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