(BTOG) Bit Origin - Ratings and Ratios
Cryptocurrency, Mining, Blockchain
Description: BTOG Bit Origin
Bit Origin Ltd is a cryptocurrency mining company operating in the United States, leveraging blockchain technology to drive its business. The company underwent a significant transformation in April 2022, changing its name from China Xiangtai Food Co., Ltd to Bit Origin Ltd, marking a substantial shift in its business focus. Incorporated in 2018 and based in Singapore, Bit Origin Ltd has transitioned from its original industry to become a player in the cryptocurrency mining sector.
Analyzing the companys stock performance, we observe a significant decline from its 52-week high of $5.41 to its current price of $0.17, indicating a potential oversold condition. The short-term moving averages (SMA20: $0.18, SMA50: $0.19) suggest a stable trend, while the long-term SMA200 at $1.08 indicates a significant drop in stock price over the past year. The Average True Range (ATR) of 0.02, representing 14.43% volatility, suggests moderate price fluctuations.
From a fundamental perspective, Bit Origin Ltds market capitalization stands at $11.80M USD, with no reported P/E ratio, forward P/E ratio, or Return on Equity (RoE). This lack of traditional valuation metrics is not uncommon for companies in the cryptocurrency sector, which often exhibit unconventional financial profiles.
Combining technical and fundamental insights, a potential forecast for Bit Origin Ltds stock price could be derived. Given the current oversold condition and moderate volatility, a possible short-term trading opportunity may arise if the stock price stabilizes above its current SMA20 and SMA50 levels. However, the absence of traditional valuation metrics and the companys recent business transformation introduce significant uncertainty. A potential price target could be a return to its 52-week high, but this would require a substantial turnaround in market sentiment and business performance. A more conservative estimate might place the stock price in the range of $0.20-$0.30 in the short term, contingent upon sustained stability and potential growth in the cryptocurrency mining sector.
BTOG Stock Overview
| Market Cap in USD | 35m |
| Sub-Industry | Packaged Foods & Meats |
| IPO / Inception | 2019-08-14 |
BTOG Stock Ratings
| Growth Rating | -88.5% |
| Fundamental | 39.9% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | -84.8% |
| Analyst Rating | - |
BTOG Dividends
Currently no dividends paidBTOG Growth Ratios
| Growth Correlation 3m | 46.8% |
| Growth Correlation 12m | -71.3% |
| Growth Correlation 5y | -90.7% |
| CAGR 5y | -67.83% |
| CAGR/Max DD 3y | -0.69 |
| CAGR/Mean DD 3y | -0.82 |
| Sharpe Ratio 12m | -1.08 |
| Alpha | 0.28 |
| Beta | 0.671 |
| Volatility | 158.29% |
| Current Volume | 3810.5k |
| Average Volume 20d | 5889k |
| Stop Loss | 0.3 (-25%) |
| Signal | -1.04 |
Piotroski VR‑10 (Strict, 0-10) 0.5
| Net Income (-13.0m TTM) > 0 and > 6% of Revenue (6% = 86.6k TTM) |
| FCFTA -1.97 (>2.0%) and ΔFCFTA -145.5pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 142.4% (prev 113.0%; Δ 29.38pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -1.97 (>3.0%) and CFO -7.93m > Net Income -13.0m (YES >=105%, WARN >=100%) |
| NO Net Debt/EBITDA fails (EBITDA <= 0) |
| Current Ratio 2.04 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (8.19m) change vs 12m ago 130.8% (target <= -2.0% for YES) |
| Gross Margin -32.76% (prev -74.35%; Δ 41.59pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 16.50% (prev 49.27%; Δ -32.77pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -17.97 (EBITDA TTM -5.17m / Interest Expense TTM 571.9k) >= 6 (WARN >= 3) |
Altman Z'' -87.38
| (A) 0.51 = (Total Current Assets 4.03m - Total Current Liabilities 1.98m) / Total Assets 4.03m |
| (B) -20.96 = Retained Earnings (Balance) -84.5m / Total Assets 4.03m |
| warn (B) unusual magnitude: -20.96 — check mapping/units |
| (C) -1.17 = EBIT TTM -10.3m / Avg Total Assets 8.75m |
| (D) -13.82 = Book Value of Equity -82.0m / Total Liabilities 5.93m |
| Total Rating: -87.38 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 39.88
| 1. Piotroski 0.50pt = -4.50 |
| 2. FCF Yield -19.75% = -5.0 |
| 3. FCF Margin data missing |
| 4. Debt/Equity 3.43 = -1.37 |
| 5. Debt/Ebitda -1.10 = -2.50 |
| 7. RoE data missing |
| 8. Rev. Trend 41.99% = 3.15 |
| 9. EPS Trend 2.14% = 0.11 |
What is the price of BTOG shares?
Over the past week, the price has changed by +4.06%, over one month by -11.48%, over three months by +133.92% and over the past year by -81.98%.
Is Bit Origin a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of BTOG is around 0.24 USD . This means that BTOG is currently overvalued and has a potential downside of -40%.
Is BTOG a buy, sell or hold?
What are the forecasts/targets for the BTOG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 0.3 | -32.5% |
Last update: 2025-09-11 04:33
BTOG Fundamental Data Overview
CCE Cash And Equivalents = 208.4k USD (Cash And Short Term Investments, last quarter)
P/S = 0.4201
P/B = 0.7863
Beta = 1.687
Revenue TTM = 1.44m USD
EBIT TTM = -10.3m USD
EBITDA TTM = -5.17m USD
Long Term Debt = 3.96m USD (from nonCurrentLiabilitiesTotal, last quarter)
Short Term Debt = 1.74m USD (from shortTermDebt, last quarter)
Debt = 5.70m USD (Calculated: Short Term 1.74m + Long Term 3.96m)
Net Debt = 5.67m USD (from netDebt column, last quarter)
Enterprise Value = 40.1m USD (34.7m + Debt 5.70m - CCE 208.4k)
Interest Coverage Ratio = -17.97 (Ebit TTM -10.3m / Interest Expense TTM 571.9k)
FCF Yield = -19.75% (FCF TTM -7.93m / Enterprise Value 40.1m)
FCF Margin = -549.1% (FCF TTM -7.93m / Revenue TTM 1.44m)
Net Margin = -898.5% (Net Income TTM -13.0m / Revenue TTM 1.44m)
Gross Margin = -32.76% ((Revenue TTM 1.44m - Cost of Revenue TTM 1.92m) / Revenue TTM)
Tobins Q-Ratio = -0.49 (set to none) (Enterprise Value 40.1m / Book Value Of Equity -82.0m)
Interest Expense / Debt = 8.30% (Interest Expense 473.1k / Debt 5.70m)
Taxrate = 21.0% (US default)
NOPAT = -10.3m (EBIT -10.3m, no tax applied on loss)
Current Ratio = 2.04 (Total Current Assets 4.03m / Total Current Liabilities 1.98m)
Debt / Equity = 3.43 (Debt 5.70m / last Fiscal Year total Stockholder Equity 1.66m)
Debt / EBITDA = -1.10 (Net Debt 5.67m / EBITDA -5.17m)
Debt / FCF = -0.72 (Debt 5.70m / FCF TTM -7.93m)
Total Stockholder Equity = 963.9k (last 4 quarters mean)
RoA = -321.6% (set to none)
RoE = -1346 % (set to none) (Net Income TTM -13.0m / Total Stockholder Equity 963.9k)
RoCE = -208.9% (set to none) (Ebit -10.3m / (Equity 963.9k + L.T.Debt 3.96m))
RoIC = -150.6% (set to none) (NOPAT -10.3m / Invested Capital 6.83m)
WACC = 8.22% (E(34.7m)/V(40.3m) * Re(8.49%)) + (D(5.70m)/V(40.3m) * Rd(8.30%) * (1-Tc(0.21)))
Shares Correlation 3-Years: 96.92 | Cagr: 11.23%
Discount Rate = 8.49% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow -7.93m)
EPS Correlation: 2.14 | EPS CAGR: -85.55% | SUE: -2.32 | # QB: 0
Revenue Correlation: 41.99 | Revenue CAGR: 1407 % | SUE: N/A | # QB: None
Additional Sources for BTOG Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle