ARBK (Argo Blockchain) ROE %: Negative Equity% (As of Dec. 2025)


ARBK Argo Blockchain PLC ARBK
50 GF Score
Price $3.45
GF Value $34.55
Valuation Possible Value Trap
! 5 Warning Signs
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What is Argo Blockchain ROE %?

Argo Blockchain ARBK -4.49% 50 ROE % is Negative Equity% as of Dec. 2025. GuruFocus rates ARBK with a GF Score™ of 50/100 and a GF Value™ of $34.55 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 791 Capital Markets companies, Argo Blockchain ranks better than 99.87% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Argo Blockchain's annualized net income for the quarter that ended in Dec. 2025 was $26.42 Mil. Argo Blockchain's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was $-12.29 Mil. Therefore, Argo Blockchain's annualized ROE % for the quarter that ended in Dec. 2025 was Negative Equity%.

The historical rank and industry rank for Argo Blockchain's ROE % or its related term are showing as below:

ARBK' s ROE % Range Over the Past 10 Years
Min: -280.05   Med: -4.19   Max: 25.59
Current: Negative Equity

During the past 8 years, Argo Blockchain's highest ROE % was 25.59%. The lowest was -280.05%. And the median was -4.19%.

ARBK's ROE % is ranked better than
99.87% of 791 companies
in the Capital Markets industry
Industry Median: 6 vs ARBK: Negative Equity

Argo Blockchain  (NAS:ARBK) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=26.424/-12.286
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(26.424 / 18.48)*(18.48 / 15.904)*(15.904 / -12.286)
=Net Margin %*Asset Turnover*Equity Multiplier
=142.99 %*1.162*N/A
=ROA %*Equity Multiplier
=166.15 %*N/A
=Negative Equity %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=26.424/-12.286
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (26.424 / 26.424) * (26.424 / -8.292) * (-8.292 / 18.48) * (18.48 / 15.904) * (15.904 / -12.286)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -3.1867 * -44.87 % * 1.162 * N/A
=Negative Equity %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Argo Blockchain ROE % Related Terms


Argo Blockchain ROE % Historical Data

* Premium members only.

The historical data trend for Argo Blockchain's ROE % 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.

Argo Blockchain ROE % Chart

Argo Blockchain Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 25.59 -154.26 -280.05 0.00 Negative Equity

Argo Blockchain Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % 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 0.00 0.00 0.00 0.00 Negative Equity

ARBK vs FLD, PLUT, MATH: ROE % Comparison

For the Capital Markets subindustry, Argo Blockchain's ROE %, along with its competitors' market caps and ROE % 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.


Argo Blockchain ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Argo Blockchain's ROE % distribution charts can be found below:

* The bar in red indicates where Argo Blockchain's ROE % falls into.


ARBK
50GF Score
Argo Blockchain PLC ARBK
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Argo Blockchain ROE % Calculation

Argo Blockchain's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=5.084/( (-29.485+12.9)/ 2 )
=5.084/-8.2925
=Negative Equity %

Argo Blockchain's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=26.424/( (-37.472+12.9)/ 2 )
=26.424/-12.286
=Negative Equity %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of Negative Equity% mean?
Argo Blockchain (ARBK) has a ROE % of Negative Equity% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Argo Blockchain and its competitors. According to the industry distribution chart, Argo Blockchain ranks #1 out of 791 companies in the Capital Markets industry, placing it in the top 0.099999999999994%.
Is Argo Blockchain's ROE % too high?
Argo Blockchain's current ROE % is Negative Equity%. Based on the distribution chart, Argo Blockchain ranks #1 out of 791 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Argo Blockchain has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Argo Blockchain's ROE % compare to FLD and PLUT?
According to the Capital Markets industry distribution chart, Argo Blockchain ranks #1 out of 791 companies for ROE %. This places Argo Blockchain in the top 0% of its industry — outperforming the majority of peers. The industry median ROE % is 6.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Capital Markets company?
The median ROE % among Capital Markets companies is 6.00, based on 791 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Argo Blockchain and its competitors. For the Capital Markets industry, the median ROE % is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Blockchain's current ROE % is Negative Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Blockchain stock overvalued right now?
Based on GuruFocus' analysis, Argo Blockchain (ARBK) is currently considered Possible Value Trap. The stock's GF Value™ is $34.55, compared to a current price of $3.45 — trading 90% below its estimated fair value. The current ROE % is Negative Equity%. Argo Blockchain's overall GF Score™ is 50/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Argo Blockchain (ARBK), the current ROE % is Negative Equity% 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.

Is Argo Blockchain (ARBK) Overvalued in 2026?

Based on GuruFocus' analysis, Argo Blockchain stock appears to be undervalued. The current stock price of $3.45 is trading 90% below its estimated GF Value™ of $34.55. GuruFocus considers Argo Blockchain to be Possible Value Trap.

Key valuation signals for ARBK:

  • ROE %: Negative Equity%
  • GF Value™: $34.55 vs. price of $3.45 (90% below fair value)
  • GF Score™: 50/100 with 5 warning signs

No single metric tells the full story. See the ARBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Argo Blockchain Business Description

Address 27/28 Eastcastle Street, Eastcastle House, London, GBR, W1W 8DH
Argo Blockchain PLC is a blockchain technology company focused on the large-scale mining of Bitcoin. It mines bitcoin using purpose-built computers (or mining machines) to solve complex cryptographic algorithms on the blockchain in exchange for rewards and fees denominated in the native token of that blockchain network. The company acquires and deploys mining technology solutions in North American facilities that utilize predominantly renewable and inexpensive electricity.
50GF Score

Get the complete analysis for ARBK

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

$3.45
Price
$34.55
GF Value