Is Bitcoin Depot, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Bitcoin Depot, Inc. has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company appears undervalued, particularly when considering its EV to EBITDA ratio of 5.52 and EV to Sales ratio of 0.53, which suggest that it is trading at a discount relative to its earnings and revenue potential. In contrast, its peer A-Mark Precious Metals, Inc. is considered very expensive with a P/E ratio of 605.28, while Siebert Financial Corp. has a fair valuation with an EV to EBITDA of -6.83, highlighting Bitcoin Depot's relative attractiveness in the capital markets sector.
Despite recent challenges, as evidenced by a 1-week return of -13.2% compared to the S&P 500's 1.70%, the year-to-date return of 62.35% and a 1-year return of 76.51% indicate strong performance over a longer horizon, reinforcing the notion that Bitcoin Depot, Inc. is positioned favorably in the market.