BKKT PE Ratio & Valuation,Is BKKT Overvalued

BKKT Relative Valuation

BKKT's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, BKKT is overvalued; if below, it's undervalued.

Historical Valuation

Bakkt Holdings Inc (BKKT) is now in the Undervalued zone, suggesting that its current forward PS ratio of 0.21 is considered Undervalued compared with the five-year average of -29.84. The fair price of Bakkt Holdings Inc (BKKT) is between 23.41 to 80.76 according to relative valuation methord. Compared to the current price of 11.56 USD , Bakkt Holdings Inc is Undervalued By 50.61%.

Relative Value

Fair Zone

23.41-80.76

Current Price：11.56

50.61%

Undervalued

-289.50

12.82

EV/EBITDA

Bakkt Holdings Inc. (BKKT) has a current EV/EBITDA of 12.82. The 5-year average EV/EBITDA is -3.98. The thresholds are as follows: Strongly Undervalued below -19.92, Undervalued between -19.92 and -11.95, Fairly Valued between 4.00 and -11.95, Overvalued between 4.00 and 11.97, and Strongly Overvalued above 11.97. The current Forward EV/EBITDA of 12.82 falls within the Strongly Overvalued range.

-594.40

EV/EBIT

Bakkt Holdings Inc. (BKKT) has a current EV/EBIT of -594.40. The 5-year average EV/EBIT is -54.92. The thresholds are as follows: Strongly Undervalued below -543.76, Undervalued between -543.76 and -299.34, Fairly Valued between 189.50 and -299.34, Overvalued between 189.50 and 433.91, and Strongly Overvalued above 433.91. The current Forward EV/EBIT of -594.40 falls within the Strongly Undervalued range.

0.21

Bakkt Holdings Inc. (BKKT) has a current PS of 0.21. The 5-year average PS is 2.50. The thresholds are as follows: Strongly Undervalued below -5.58, Undervalued between -5.58 and -1.54, Fairly Valued between 6.55 and -1.54, Overvalued between 6.55 and 10.59, and Strongly Overvalued above 10.59. The current Forward PS of 0.21 falls within the Historic Trend Line -Fairly Valued range.

0.00

P/OCF

Bakkt Holdings Inc. (BKKT) has a current P/OCF of 0.00. The 5-year average P/OCF is -0.32. The thresholds are as follows: Strongly Undervalued below -3.41, Undervalued between -3.41 and -1.86, Fairly Valued between 1.23 and -1.86, Overvalued between 1.23 and 2.78, and Strongly Overvalued above 2.78. The current Forward P/OCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.

0.00

P/FCF

Bakkt Holdings Inc. (BKKT) has a current P/FCF of 0.00. The 5-year average P/FCF is -0.34. The thresholds are as follows: Strongly Undervalued below -3.92, Undervalued between -3.92 and -2.13, Fairly Valued between 1.45 and -2.13, Overvalued between 1.45 and 3.23, and Strongly Overvalued above 3.23. The current Forward P/FCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.

Bakkt Holdings Inc (BKKT) has a current Price-to-Book (P/B) ratio of 1.67. Compared to its 3-year average P/B ratio of 1.97 , the current P/B ratio is approximately -15.30% higher. Relative to its 5-year average P/B ratio of 175.93, the current P/B ratio is about -99.05% higher. Bakkt Holdings Inc (BKKT) has a Forward Free Cash Flow (FCF) yield of approximately -40.37%. Compared to its 3-year average FCF yield of -74.15%, the current FCF yield is approximately -45.55% lower. Relative to its 5-year average FCF yield of -74.76% , the current FCF yield is about -45.99% lower.

1.67

P/B

Median3y

1.97

Median5y

175.93

-40.37

FCF Yield

Median3y

-74.15

Median5y

-74.76

Competitors Valuation Multiple

The average P/S ratio for BKKT's competitors is 11.51, providing a benchmark for relative valuation. Bakkt Holdings Inc Corp (BKKT) exhibits a P/S ratio of 0.21, which is -98.15% above the industry average. Given its robust revenue growth of 22.47%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of BKKT decreased by 53.33% over the past 1 year. The primary factor behind the change was an decrease in Margin Expansion from -1.92 to -5.36.

The secondary factor is the Revenue Growth, contributed 22.47%to the performance.

Overall, the performance of BKKT in the past 1 year is driven by Margin Expansion. Which is more sustainable.

22.47%

328.42M → 402.21M

Revenue Growth

179.17%

-1.92 → -5.36

Margin Expansion

-254.97%

1.48 → -2.29

P/E Change

-53.33%

24.77 → 11.56

Mkt Cap Growth

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Frequently Asked Questions

Is Bakkt Holdings Inc (BKKT) currently overvalued or undervalued?

What is Bakkt Holdings Inc (BKKT) fair value?

BKKT's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Bakkt Holdings Inc (BKKT) is between 23.41 to 80.76 according to relative valuation methord.

How does BKKT's valuation metrics compare to the industry average?

What is the current P/B ratio for Bakkt Holdings Inc (BKKT) as of Dec 15 2025?

As of Dec 15 2025, Bakkt Holdings Inc (BKKT) has a P/B ratio of 1.67. This indicates that the market values BKKT at 1.67 times its book value.

What is the current FCF Yield for Bakkt Holdings Inc (BKKT) as of Dec 15 2025?

As of Dec 15 2025, Bakkt Holdings Inc (BKKT) has a FCF Yield of -40.37%. This means that for every dollar of Bakkt Holdings Inc’s market capitalization, the company generates -40.37 cents in free cash flow.

What is the current Forward P/E ratio for Bakkt Holdings Inc (BKKT) as of Dec 15 2025?

As of Dec 15 2025, Bakkt Holdings Inc (BKKT) has a Forward P/E ratio of -289.50. This means the market is willing to pay $-289.50 for every dollar of Bakkt Holdings Inc’s expected earnings over the next 12 months.

What is the current Forward P/S ratio for Bakkt Holdings Inc (BKKT) as of Dec 15 2025?

As of Dec 15 2025, Bakkt Holdings Inc (BKKT) has a Forward P/S ratio of 0.21. This means the market is valuing BKKT at $0.21 for every dollar of expected revenue over the next 12 months.

BKKT Valuation