BTDR (Bitdeer Technologies Group) Scaled Net Operating Assets: 0.89 (As of Mar. 2026)


BTDR Bitdeer Technologies Group BTDR
69 GF Score
Price $17.15
GF Value $13.77
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Bitdeer Technologies Group Scaled Net Operating Assets?

Bitdeer Technologies Group BTDR +4.64% 69 Scaled Net Operating Assets is 0.89 as of Mar. 2026. GuruFocus rates BTDR with a GF Score™ of 69/100 and a GF Value™ of $13.77 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Bitdeer Technologies Group's operating assets for the quarter that ended in Mar. 2026 was $2,835.6 Mil. Bitdeer Technologies Group's operating liabilities for the quarter that ended in Mar. 2026 was $342.3 Mil. Bitdeer Technologies Group's Total Assets for the quarter that ended in Dec. 2025 was $2,804.6 Mil. Therefore, Bitdeer Technologies Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.89.


Bitdeer Technologies Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Bitdeer Technologies Group's Scaled Net Operating Assets 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.

Bitdeer Technologies Group Scaled Net Operating Assets Chart

Bitdeer Technologies Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.01 0.29 0.41 0.01 1.11

Bitdeer Technologies Group Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 Premium Member Only 0.46 0.54 0.59 0.71 0.89

BTDR vs MNDY, SRAD, SOUN: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Bitdeer Technologies Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Bitdeer Technologies Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Bitdeer Technologies Group's Scaled Net Operating Assets falls into.


BTDR
69GF Score
Bitdeer Technologies Group BTDR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Bitdeer Technologies Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Bitdeer Technologies Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(2567.167-837.427)/1557.854
=1.11

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2804.572 - 237.405
=2567.167

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1936.724 - 336.279 - 763.018
=837.427

Bitdeer Technologies Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(2835.636-342.308)/2804.572
=0.89

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3101.091 - 265.455
=2835.636

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2370.976 - 1462.58 - 566.088
=342.308

* 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.

What does a Scaled Net Operating Assets of 0.89 mean?
Bitdeer Technologies Group (BTDR) has a Scaled Net Operating Assets of 0.89 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Bitdeer Technologies Group and its competitors.
Is Bitdeer Technologies Group's Scaled Net Operating Assets too high?
Bitdeer Technologies Group's current Scaled Net Operating Assets is 0.89. Overall, Bitdeer Technologies Group has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bitdeer Technologies Group's Scaled Net Operating Assets compare to MNDY and SRAD?
Bitdeer Technologies Group's Scaled Net Operating Assets of 0.89 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Software company?
A good Scaled Net Operating Assets depends on the Software industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Bitdeer Technologies Group and its competitors. Bitdeer Technologies Group's current Scaled Net Operating Assets is 0.89. 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 Modestly Overvalued. The stock's GF Value™ is $13.77, compared to a current price of $17.15 — trading 24.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.89. Bitdeer Technologies Group's overall GF Score™ is 69/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Bitdeer Technologies Group (BTDR), the current Scaled Net Operating Assets is 0.89 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 overvalued. The current stock price of $17.15 is trading 24.5% above its estimated GF Value™ of $13.77. GuruFocus considers Bitdeer Technologies Group to be Modestly Overvalued.

Key valuation signals for BTDR:

  • Scaled Net Operating Assets: 0.89
  • GF Value™: $13.77 vs. price of $17.15 (24.5% above fair value)
  • GF Score™: 69/100 with 10 warning signs

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 Business Description

Other Exchanges 1BTDR:ItalyR1T:Germany
Address 08 Kallang Avenue, Aperia tower 1, No. 09-03/04, Singapore, SGP, 339509
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.
69GF Score

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$17.15
Price
$13.77
GF Value