BTCM Valuation

BIT Mining Ltd

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2.810

-0.07(-2.431%)1D

Overview
Forecast
Valuation
Earnings

BTCM Relative Valuation

BTCM'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, BTCM is overvalued; if below, it's undervalued.

Historical Valuation

BIT Mining Ltd (BTCM) is now in the Overvalued zone, suggesting that its current forward PS ratio of 1.36 is considered Overvalued compared with the five-year average of 51.98. The fair price of BIT Mining Ltd (BTCM) is between 0.98 to 2.23 according to relative valuation methord. Compared to the current price of 2.81 USD , BIT Mining Ltd is Overvalued By 26.22%.

Relative Value

Fair Zone

0.98-2.23

Current Price：2.81

26.22%

Overvalued

0.00

Trailing

Forward

0.00

EV/EBITDA

BIT Mining Ltd. (BTCM) has a current EV/EBITDA of 0.00. The 5-year average EV/EBITDA is 0.53. The thresholds are as follows: Strongly Undervalued below -3.35, Undervalued between -3.35 and -1.41, Fairly Valued between 2.48 and -1.41, Overvalued between 2.48 and 4.42, and Strongly Overvalued above 4.42. The current Forward EV/EBITDA of 0.00 falls within the Historic Trend Line -Fairly Valued range.

-9.34

EV/EBIT

BIT Mining Ltd. (BTCM) has a current EV/EBIT of -9.34. The 5-year average EV/EBIT is -17.44. The thresholds are as follows: Strongly Undervalued below -133.75, Undervalued between -133.75 and -75.60, Fairly Valued between 40.72 and -75.60, Overvalued between 40.72 and 98.87, and Strongly Overvalued above 98.87. The current Forward EV/EBIT of -9.34 falls within the Historic Trend Line -Fairly Valued range.

1.36

BIT Mining Ltd. (BTCM) has a current PS of 1.36. The 5-year average PS is 0.44. The thresholds are as follows: Strongly Undervalued below -0.72, Undervalued between -0.72 and -0.14, Fairly Valued between 1.01 and -0.14, Overvalued between 1.01 and 1.59, and Strongly Overvalued above 1.59. The current Forward PS of 1.36 falls within the Overvalued range.

0.00

P/OCF

BIT Mining Ltd. (BTCM) has a current P/OCF of 0.00. The 5-year average P/OCF is 0.35. The thresholds are as follows: Strongly Undervalued below -2.35, Undervalued between -2.35 and -1.00, Fairly Valued between 1.70 and -1.00, Overvalued between 1.70 and 3.04, and Strongly Overvalued above 3.04. The current Forward P/OCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.

0.00

P/FCF

BIT Mining Ltd. (BTCM) has a current P/FCF of 0.00. The 5-year average P/FCF is 0.40. The thresholds are as follows: Strongly Undervalued below -2.71, Undervalued between -2.71 and -1.16, Fairly Valued between 1.96 and -1.16, Overvalued between 1.96 and 3.51, and Strongly Overvalued above 3.51. The current Forward P/FCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.

BIT Mining Ltd (BTCM) has a current Price-to-Book (P/B) ratio of 1.05. Compared to its 3-year average P/B ratio of 0.72 , the current P/B ratio is approximately 46.09% higher. Relative to its 5-year average P/B ratio of 1.85, the current P/B ratio is about -43.38% higher. BIT Mining Ltd (BTCM) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of -71.56%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of -51.88% , the current FCF yield is about -100.00% lower.

1.05

P/B

Median3y

0.72

Median5y

1.85

0.00

FCF Yield

Median3y

-71.56

Median5y

-51.88

Competitors Valuation Multiple

The average P/S ratio for BTCM's competitors is 0.60, providing a benchmark for relative valuation. BIT Mining Ltd Corp (BTCM) exhibits a P/S ratio of 1.36, which is 124.74% above the industry average. Given its robust revenue growth of -15.51%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Dawson Geophysical Co

Performance Decomposition

Market capitalization of BTCM increased by 19.57% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from 0.00 to -1.27.

The secondary factor is the Revenue Growth, contributed -15.51%to the performance.

Overall, the performance of BTCM in the past 1 year is driven by P/E Change. Which is more unsustainable.

-15.51%

10.41M → 8.79M

Revenue Growth

-114100.00%

0.11 → -125.40

Margin Expansion

114135.08%

0.00 → -1.27

P/E Change

19.57%