Bgin Blockchain Limited Class A (BGIN) Key Metrics
BGIN valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $216.1M
- Enterprise value
- $187.2M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 8.0
- Price / book
- 3.9
- EV / EBITDA
- 17.2
- Dividend yield
- —
- Beta
- —
BGIN key metrics, 2021–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBGIN returns How much profit the business earns on the capital it uses.
BGIN per-share figures Results divided by the shares outstanding at year-end.
BGIN financial health Debt, liquidity and how easily interest is covered.
BGIN efficiency & capital use Working capital cycle and where the cash goes.
BGIN valuation history
BGIN returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BGIN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BGIN cash returned to shareholders
BGIN price vs earnings per share
BGIN key metrics
2021–2025| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Valuation | |||||
| Market capitalization | $284.0M | — | — | — | — |
| Enterprise value | $257.9M | — | — | — | — |
| Price / sales | 4.2 | — | — | — | — |
| Price / book | 5.2 | — | — | — | — |
| EV / sales | 3.8 | — | — | — | — |
| Earnings yield | −62.3% | — | — | — | — |
| Free cash flow yield | −60.2% | — | — | — | — |
| Dividend yield | 1.4% | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 1.4% | — | — | — | — |
| Share price at fiscal year-end | $2.51 | — | — | — | — |
| Per share | |||||
| Revenue per share | $0.60 | $2.65 | $2.25 | $0.13 | $0.19 |
| Earnings per share | −$1.56 | $0.58 | $1.22 | −$0.00 | $0.07 |
| Operating cash flow per share | −$1.48 | −$1.75 | −$0.27 | −$0.11 | −$0.05 |
| Free cash flow per share | −$1.51 | −$1.86 | −$0.33 | −$0.16 | −$0.09 |
| Cash per share | $0.23 | $1.01 | $0.41 | $0.01 | $0.03 |
| Book value per share | $0.48 | $1.84 | $1.30 | $0.08 | $0.08 |
| Tangible book value per share | $0.48 | $1.84 | $1.30 | $0.08 | $0.08 |
| Dividends per share | $0.04 | $0.00 | $0.00 | — | — |
| Capex per share | $0.04 | $0.11 | $0.06 | $0.05 | $0.04 |
| Debt per share | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Shares outstanding | 113.1M | 114.1M | 114.1M | 114.1M | 114.1M |
| Change in shares outstanding | −0.9% | 0.0% | 0.0% | 0.0% | — |
| Returns & profitability | |||||
| Return on equity (ROE) | −133.9% | 36.8% | 177.1% | −2.4% | 79.7% |
| Return on invested capital (ROIC) | −140.5% | 67.6% | 251.2% | −6.1% | 132.4% |
| Return on assets (ROA) | −97.3% | 28.5% | 137.3% | −1.6% | 51.2% |
| Return on tangible assets | −190.5% | 24.3% | 72.9% | −1.9% | 51.2% |
| Free cash flow margin | −253.8% | −70.2% | −14.8% | −119.1% | −48.2% |
| Income quality (OCF / net income) | — | −3.02 | −0.22 | — | −0.80 |
| Financial health | |||||
| Total debt | $219,797 | $445,403 | $348,023 | $500,525 | — |
| Cash & short-term investments | $26.3M | $114.8M | $46.7M | $601,731 | $3.7M |
| Net debt | −$26.1M | −$114.4M | −$46.3M | −$101,206 | −$3.7M |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.06 | — |
| Debt / assets | 0.00 | 0.00 | 0.00 | 0.04 | — |
| Net debt / EBITDA | — | −1.01 | −0.26 | −0.06 | −0.30 |
| Current ratio | 1.68 | 3.21 | 4.19 | 1.56 | 1.93 |
| Quick ratio | 1.47 | 3.01 | 4.11 | 1.56 | 1.93 |
| Interest coverage | — | — | 79.8 | -3.1 | 26.1 |
| Working capital | $25.9M | $134.1M | $135.7M | $1.4M | $4.7M |
| Invested capital | $28.4M | $95.4M | $102.4M | $8.9M | $6.0M |
| Tangible asset value | $54.7M | $210.1M | $148.9M | $9.1M | $9.7M |
| Net current asset value | $25.8M | $133.9M | $135.6M | $1.1M | $4.3M |
| Graham number | — | $4.89 | $5.99 | — | $0.36 |
| Graham net-net per share | −$0.06 | $0.59 | $0.08 | −$0.02 | −$0.01 |
| Capital allocation | |||||
| Dividends paid | $4.1M | $0 | $0 | — | — |
| Dividend payout ratio | — | 0.0% | 0.0% | — | — |
| Capex / revenue | 6.2% | 4.3% | 2.6% | 34.5% | 19.4% |
| Capex / depreciation | 0.20 | 1.34 | 2.26 | 2.90 | 3.40 |
| Stock-based compensation / revenue | 0.8% | 0.0% | 0.0% | — | — |
| R&D / revenue | 30.0% | 5.4% | 3.9% | 47.7% | 0.9% |
| SG&A / revenue | 18.6% | 2.6% | 6.0% | 12.4% | 16.3% |
| Efficiency | |||||
| Days sales outstanding | 27.6 | 8.0 | 3.3 | 17.3 | 16.8 |
| Days of inventory on hand | 26.0 | 16.8 | 11.1 | — | — |
| Days payables outstanding | 12.3 | 8.1 | 4.6 | 18.2 | 1.1 |
| Cash conversion cycle (days) | 41.2 | 16.7 | 9.9 | -0.9 | 15.7 |
| Receivables turnover | 13.21 | 45.35 | 109.01 | 21.11 | 21.77 |
| Payables turnover | 29.58 | 45.29 | 80.15 | 20.04 | 342.81 |
| Inventory turnover | 14.06 | 21.79 | 32.87 | — | — |
| Asset turnover | 0.37 | 1.31 | 2.53 | 1.12 | 1.43 |
| Average receivables | $5.1M | $6.7M | $2.4M | $713,078 | $988,624 |
| Average payables | $4.8M | $3.9M | $724,863 | $305,466 | $19,415 |
| Average inventory | $10.2M | $8.0M | $1.8M | $0 | — |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from BGIN's annual financial statements (latest annual report filed April 28, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BGIN valuation and financial ratios
Bgin Blockchain earned a return on equity of −133.9% and a return on invested capital of −140.5% in fiscal 2025. It ended the year with $0.2 million of debt and $26.3 million in cash and short-term investments, a net cash position of $26.1 million. It returned $4.1 million to shareholders: $4.1 million in dividends and $0 in share buybacks.
See the BGIN income statement, the BGIN chart for price history, or the BGIN stock overview for the latest quote and news.
BGIN key metrics FAQ
What is Bgin Blockchain's return on equity?
Bgin Blockchain's return on equity (ROE) was −133.9% in fiscal 2025: net income of -$176.9 million on average shareholders' equity of $132.1 million.
What is Bgin Blockchain's ROIC?
Bgin Blockchain's return on invested capital was −140.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Bgin Blockchain have?
Bgin Blockchain had total debt of $0.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
What is Bgin Blockchain's dividend yield?
Bgin Blockchain paid $4.1 million in dividends in fiscal 2025 ($0.04 per share), a payout ratio of —.
What is Bgin Blockchain's free cash flow yield?
Bgin Blockchain generated -$171.1 million of free cash flow in fiscal 2025, a free cash flow yield of −60.2% on its market value at year-end ($284.0 million).
What is Bgin Blockchain's current ratio?
Bgin Blockchain's current ratio was 1.68 at the end of fiscal 2025: current assets were 1.68 times current liabilities.