Is BTC Digital Ltd. overvalued or undervalued?

Jun 25 2025 09:18 AM IST
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As of May 20, 2021, BTC Digital Ltd. is considered overvalued and risky due to poor financial ratios, a significant year-to-date stock decline of -40.59%, and a high EV to EBITDA ratio of 5.63 compared to its peers.
As of 20 May 2021, the valuation grade for BTC Digital Ltd. has moved from does not qualify to risky, indicating a significant shift in its perceived financial health. The company is currently assessed as overvalued, particularly given its troubling financial ratios, including a Price to Book Value of 0.53, an EV to EBITDA of 5.63, and a negative ROCE of -10.95%.

In comparison to its peers, BTC Digital Ltd. has a notably high EV to EBITDA ratio of 5.63, while Golden Sun Health Technology Group Ltd. and EpicQuest Education Group International Ltd. show negative EV to EBITDA ratios of -4.35 and -0.88, respectively. Furthermore, the company's recent stock performance has been poor, with a year-to-date return of -40.59%, contrasting sharply with the S&P 500's positive return of 2.44% over the same period. This combination of factors reinforces the conclusion that BTC Digital Ltd. is currently overvalued.
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