BitMine Immersion Technologies, Inc. (BMNR) Key Metrics
BMNR valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $13.07B
- Enterprise value
- $16.23B
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 213.5
- Price / book
- 1.4 10-yr median 521.8
- EV / EBITDA
- 32.1
- Dividend yield
- 0.05% $0.01 a year
- Beta
- 1.91
BMNR key metrics, FY2012–FY2025
Fiscal year ended August 31, 2025 · U.S. dollarsBMNR valuation Price multiples at each fiscal year-end price.
BMNR returns How much profit the business earns on the capital it uses.
BMNR per-share figures Results divided by the shares outstanding at year-end.
BMNR financial health Debt, liquidity and how easily interest is covered.
BMNR efficiency & capital use Working capital cycle and where the cash goes.
BMNR valuation history
BMNR returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BMNR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BMNR cash returned to shareholders
BMNR price vs earnings per share
BMNR key metrics
FY2012–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2013 | FY2012 | |
|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||
| Market capitalization | $10.69B | $2.88B | $3.43B | $3.66B | — | — | — | — |
| Enterprise value | $10.18B | $2.88B | $3.43B | $3.66B | — | — | — | — |
| P/E ratio | 30.7 | — | — | — | — | — | — | — |
| Price / sales | — | 870.9 | — | — | — | — | — | — |
| Price / book | 1.2 | 705.2 | 548.8 | 494.9 | — | — | — | — |
| EV / sales | — | 871.2 | — | — | — | — | — | — |
| EV / EBITDA | 23.0 | — | — | — | — | — | — | — |
| Earnings yield | 3.3% | −0.1% | −0.1% | −0.1% | — | — | — | — |
| Free cash flow yield | −0.0% | −0.0% | −0.0% | −0.1% | — | — | — | — |
| Dividend yield | 0.0% | — | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.0% | — | — | — | — | — | — | — |
| Share price at fiscal year-end | $43.62 | $11.56 | $14.00 | $17.00 | $45.00 | $42.80 | $21.20 | $40.00 |
| Per share | ||||||||
| Revenue per share | $0.02 | $0.01 | $0.00 | $0.00 | — | — | — | — |
| Earnings per share | $1.42 | −$0.01 | −$0.01 | −$0.01 | — | — | — | — |
| Operating cash flow per share | −$0.02 | −$0.00 | −$0.00 | −$0.01 | — | — | — | — |
| Free cash flow per share | −$0.02 | −$0.00 | −$0.01 | −$0.02 | — | — | — | — |
| Cash per share | $2.09 | $0.00 | $0.00 | $0.00 | — | — | — | — |
| Book value per share | $35.46 | $0.02 | $0.03 | $0.03 | — | — | — | — |
| Tangible book value per share | $1.68 | $0.02 | $0.02 | $0.03 | — | — | — | — |
| Dividends per share | $0.01 | — | — | — | — | — | — | — |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.01 | — | — | — | — |
| Debt per share | — | $0.01 | $0.01 | — | — | — | — | — |
| Shares outstanding | 245.2M | 249.4M | 245.3M | 215.5M | — | — | — | — |
| Change in shares outstanding | −1.7% | +1.7% | +13.8% | — | — | — | — | — |
| Returns & profitability | ||||||||
| Return on equity (ROE) | 8.0% | −63.7% | −36.1% | −51.6% | −99.4% | — | — | — |
| Return on invested capital (ROIC) | 8.6% | −30.9% | −26.7% | −36.4% | −49.9% | — | −10.6% | 3.5% |
| Return on assets (ROA) | 7.9% | −42.5% | −30.5% | −46.5% | −47.6% | −10.0% | −14.1% | 0.2% |
| Return on tangible assets | 67.9% | −45.2% | −30.5% | −25.2% | −23.9% | −484.4% | −15.8% | 0.2% |
| Free cash flow margin | −85.5% | −3.2% | −220.4% | — | — | — | −33.0% | 0.5% |
| Income quality (OCF / net income) | −0.01 | — | — | — | — | — | — | 7.18 |
| Financial health | ||||||||
| Total debt | — | $1.6M | $1.3M | — | $277,296 | $50,447 | $524,680 | $532,072 |
| Cash & short-term investments | $512.0M | $499,000 | $270,547 | $392,550 | $218,737 | $1,930 | $1,375 | $16,090 |
| Net debt | −$512.0M | $1.1M | $1.0M | −$392,550 | $58,559 | $48,517 | $523,305 | $515,982 |
| Debt / equity | — | 0.40 | 0.21 | — | 0.77 | — | — | — |
| Debt / assets | — | 0.22 | 0.16 | — | 0.43 | 26.14 | 2.84 | 2.32 |
| Net debt / EBITDA | −1.16 | — | — | — | — | — | — | 51.22 |
| Current ratio | 51.50 | 0.49 | 0.56 | 2.80 | 0.77 | 0.04 | 0.00 | 0.06 |
| Quick ratio | 51.50 | 0.49 | 0.80 | 4.35 | 0.77 | 0.04 | 0.00 | 0.06 |
| Interest coverage | — | -9.1 | -24.8 | -5.9 | -5.9 | -1.0 | -10.0 | 1.0 |
| Working capital | $503.0M | −$1.6M | −$679,096 | $571,271 | −$66,744 | −$50,075 | −$483,055 | −$463,642 |
| Invested capital | $8.18B | $5.2M | $7.3M | $7.0M | $419,110 | −$1,558 | $183,377 | $211,572 |
| Tangible asset value | $411.3M | $4.1M | $6.1M | $7.4M | $360,552 | −$50,075 | −$339,929 | −$304,410 |
| Net current asset value | $410.8M | −$1.6M | −$1.1M | $318,950 | −$66,744 | −$50,075 | −$523,055 | −$503,642 |
| Graham number | $33.68 | — | — | — | — | — | — | — |
| Graham net-net per share | $1.67 | −$0.01 | −$0.01 | −$0.00 | — | — | — | — |
| Capital allocation | ||||||||
| Dividends paid | $3.0M | — | — | — | — | — | — | — |
| Dividend payout ratio | 0.8% | — | — | — | — | — | — | — |
| Capex / revenue | 17.5% | 2.3% | 94.9% | 647.1% | — | — | 0.0% | 0.0% |
| Capex / operating cash flow | — | — | — | — | — | 0.0% | — | 0.0% |
| Capex / depreciation | 1.40 | 0.08 | 1.30 | 885.54 | 3.24 | 0.00 | 0.00 | 0.00 |
| Stock-based compensation / revenue | 39.8% | 33.9% | 204.2% | 200.3% | — | — | — | — |
| SG&A / revenue | 229.4% | 37.2% | 319.2% | 368.0% | — | — | — | — |
| Efficiency | ||||||||
| Days sales outstanding | 26.5 | 41.3 | 244.9 | 419.4 | — | — | — | 32.8 |
| Days of inventory on hand | — | — | -373.7 | -322.2 | — | — | — | — |
| Days payables outstanding | — | 34.0 | 68.9 | 29.0 | — | — | — | 6.6 |
| Cash conversion cycle (days) | — | 7.2 | -197.8 | 68.2 | — | — | — | 26.2 |
| Receivables turnover | 13.79 | 8.85 | 1.49 | 0.87 | — | — | — | 11.13 |
| Payables turnover | — | 10.72 | 5.30 | 12.59 | — | — | — | 55.55 |
| Asset turnover | 0.00 | 0.43 | 0.08 | 0.10 | 0.00 | 0.00 | 0.42 | 2.50 |
| Average receivables | $442,000 | $374,222 | $432,920 | $491,395 | — | — | — | $51,524 |
| Average payables | — | $237,744 | $79,832 | $44,220 | $3,680 | — | — | $7,250 |
| Average inventory | — | — | −$432,920 | −$491,395 | — | — | — | — |
| Intangibles / total assets | 94.2% | 0.0% | 1.6% | 0.3% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from BMNR's annual financial statements (latest annual report filed November 21, 2025) 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.
BMNR valuation and financial ratios
At the end of fiscal 2025 (August 31, 2025), BitMine Immersion Technologies traded at 30.7 times earnings. BitMine Immersion Technologies earned a return on equity of 8.0% and a return on invested capital of 8.6% in fiscal 2025. It returned $3.0 million to shareholders: $3.0 million in dividends and $0 in share buybacks.
See the BMNR income statement, the BMNR chart for price history, or the BMNR stock overview for the latest quote and news.
BMNR key metrics FAQ
What is BitMine Immersion Technologies's P/E ratio?
BitMine Immersion Technologies traded at 30.7 times earnings at the end of fiscal 2025.
What is BitMine Immersion Technologies's EV/EBITDA?
BitMine Immersion Technologies's enterprise value was 23.0 times EBITDA at the end of fiscal 2025 (enterprise value $10.2 billion, EBITDA $441.9 million); the current EV/EBITDA is 32.1.
What is BitMine Immersion Technologies's return on equity?
BitMine Immersion Technologies's return on equity (ROE) was 8.0% in fiscal 2025: net income of $348.6 million on average shareholders' equity of $4.3 billion.
What is BitMine Immersion Technologies's ROIC?
BitMine Immersion Technologies's return on invested capital was 8.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
What is BitMine Immersion Technologies's dividend yield?
BitMine Immersion Technologies's forward dividend yield is 0.05%. BitMine Immersion Technologies paid $3.0 million in dividends in fiscal 2025 ($0.01 per share), a payout ratio of 0.8%.
What is BitMine Immersion Technologies's free cash flow yield?
BitMine Immersion Technologies generated -$5.2 million of free cash flow in fiscal 2025, a free cash flow yield of −0.0% on its market value at year-end ($10.7 billion).
What is BitMine Immersion Technologies's current ratio?
BitMine Immersion Technologies's current ratio was 51.50 at the end of fiscal 2025: current assets were 51.50 times current liabilities.