BITMINE IMMERSION TECHNOLOGI (BMNR) Fundamental Analysis & Valuation

NYSEARCA:BMNR • US09175A2069

20.73 USD
+0.03 (+0.14%)
At close: Mar 10, 2026
20.6801 USD
-0.05 (-0.24%)
After Hours: 3/10/2026, 8:08:43 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This BMNR fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

2

BMNR gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 277 industry peers in the Software industry. BMNR may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, BMNR is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

0

1. BMNR Profitability Analysis

1.1 Basic Checks

  • BMNR had negative earnings in the past year.
  • In the past year BMNR has reported a negative cash flow from operations.
  • BMNR had negative earnings in each of the past 5 years.
  • BMNR had a negative operating cash flow in each of the past 5 years.
BMNR Yearly Net Income VS EBIT VS OCF VS FCFBMNR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 -2M -4M -6M

1.2 Ratios

  • The Return On Assets of BMNR (-87.46%) is worse than 90.61% of its industry peers.
  • BMNR's Return On Equity of -229.93% is on the low side compared to the rest of the industry. BMNR is outperformed by 84.48% of its industry peers.
Industry RankSector Rank
ROA -87.46%
ROE -229.93%
ROIC N/A
ROA(3y)-33.47%
ROA(5y)-41.7%
ROE(3y)-49%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
BMNR Yearly ROA, ROE, ROICBMNR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 0 -20 -40 -60 -80

1.3 Margins

  • Looking at the Gross Margin, with a value of 16.39%, BMNR is doing worse than 84.48% of the companies in the same industry.
  • The Profit Margin and Operating Margin are not available for BMNR so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 16.39%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
BMNR Yearly Profit, Operating, Gross MarginsBMNR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 0 -100 -200 -300 -400

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. BMNR Health Analysis

2.1 Basic Checks

  • BMNR does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for BMNR has been increased compared to 1 year ago.
  • Compared to 1 year ago, BMNR has a worse debt to assets ratio.
BMNR Yearly Shares OutstandingBMNR Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 500K 1M 1.5M 2M
BMNR Yearly Total Debt VS Total AssetsBMNR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 2M 4M 6M 8M

2.2 Solvency

  • BMNR has an Altman-Z score of 1211.86. This indicates that BMNR is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 1211.86, BMNR belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • A Debt/Equity ratio of 0.90 indicates that BMNR is somewhat dependend on debt financing.
  • BMNR has a Debt to Equity ratio of 0.90. This is in the lower half of the industry: BMNR underperforms 73.65% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.9
Debt/FCF N/A
Altman-Z 1211.86
ROIC/WACCN/A
WACC10.89%
BMNR Yearly LT Debt VS Equity VS FCFBMNR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 0 5M -5M

2.3 Liquidity

  • BMNR has a Current Ratio of 0.25. This is a bad value and indicates that BMNR is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Current ratio value of 0.25, BMNR is not doing good in the industry: 94.95% of the companies in the same industry are doing better.
  • BMNR has a Quick Ratio of 0.25. This is a bad value and indicates that BMNR is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.25, BMNR is doing worse than 94.58% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.25
Quick Ratio 0.25
BMNR Yearly Current Assets VS Current LiabilitesBMNR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 1M 2M 3M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. BMNR Growth Analysis

3.1 Past

  • BMNR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -100.71%.
  • BMNR shows a strong growth in Revenue. In the last year, the Revenue has grown by 158.36%.
EPS 1Y (TTM)-100.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-61.11%
Revenue 1Y (TTM)158.36%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%70.19%

3.2 Future

  • Based on estimates for the next years, BMNR will show a very strong growth in Earnings Per Share. The EPS will grow by 39.70% on average per year.
  • BMNR is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 434.94% yearly.
EPS Next Y61.36%
EPS Next 2Y50.55%
EPS Next 3Y39.7%
EPS Next 5YN/A
Revenue Next Year109.52%
Revenue Next 2Y664.32%
Revenue Next 3Y434.94%
Revenue Next 5YN/A

3.3 Evolution

BMNR Yearly Revenue VS EstimatesBMNR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2023 2024 2025 2026 2027 100M 200M 300M 400M 500M
BMNR Yearly EPS VS EstimatesBMNR Yearly EPS VS EstimatesYearly EPS VS Estimates 2025 2026 2027 0 0.5 -0.5

More info and screens

Find the best growth stocksShow best growing peers

2

4. BMNR Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for BMNR. In the last year negative earnings were reported.
  • Based on the Price/Forward Earnings ratio of 58.91, the valuation of BMNR can be described as expensive.
  • BMNR's Price/Forward Earnings is on the same level as the industry average.
  • BMNR's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.39.
Industry RankSector Rank
PE N/A
Fwd PE 58.91
BMNR Price Earnings VS Forward Price EarningsBMNR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
BMNR Per share dataBMNR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -1 -2

4.3 Compensation for Growth

  • BMNR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • BMNR's earnings are expected to grow with 39.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y50.55%
EPS Next 3Y39.7%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

2

5. BMNR Dividend Analysis

5.1 Amount

  • BMNR has a yearly dividend return of 0.05%, which is pretty low.
  • The stock price of BMNR dropped by -40.53% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
  • Compared to an average industry Dividend Yield of 0.57, BMNR pays a better dividend. On top of this BMNR pays more dividend than 88.81% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, BMNR's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.05%

5.2 History

  • BMNR is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr YearsN/A
Div Non Decr YearsN/A
BMNR Yearly Dividends per shareBMNR Yearly Dividends per shareYearly Dividends per share 2025 0.01 0.01 0.02

5.3 Sustainability

DPN/A
EPS Next 2Y50.55%
EPS Next 3Y39.7%
BMNR Yearly Income VS Free CF VS DividendBMNR Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2020 2021 2022 2023 2024 -2M -4M -6M

More info and screens

Find the best dividend stocksShow peers with best dividend

BMNR Fundamentals: All Metrics, Ratios and Statistics

BITMINE IMMERSION TECHNOLOGI

NYSEARCA:BMNR (3/10/2026, 8:08:43 PM)

After market: 20.6801 -0.05 (-0.24%)

20.73

+0.03 (+0.14%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)01-13
Earnings (Next)N/A
Inst Owners31.02%
Inst Owner ChangeN/A
Ins Owners0.23%
Ins Owner Change22.6%
Market Cap9.43B
Revenue(TTM)4.63M
Net Income(TTM)-6.56M
Analysts82.22
Price Target43.86 (111.58%)
Short Float %6.04%
Short Ratio0.62
Dividend
Industry RankSector Rank
Dividend Yield 0.05%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-11.64%
PT rev (3m)-19.63%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 58.91
P/S 2038.49
P/FCF N/A
P/OCF N/A
P/B 3304.8
P/tB 3304.8
EV/EBITDA N/A
EPS(TTM)-2.81
EYN/A
EPS(NY)0.35
Fwd EY1.7%
FCF(TTM)0
FCFYN/A
OCF(TTM)0
OCFYN/A
SpS0.01
BVpS0.01
TBVpS0.01
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -87.46%
ROE -229.93%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 16.39%
FCFM N/A
ROA(3y)-33.47%
ROA(5y)-41.7%
ROE(3y)-49%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.62
Health
Industry RankSector Rank
Debt/Equity 0.9
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 4.43%
Cap/Sales 0.79%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.25
Quick Ratio 0.25
Altman-Z 1211.86
F-Score3
WACC10.89%
ROIC/WACCN/A
Cap/Depr(3y)65716%
Cap/Depr(5y)N/A
Cap/Sales(3y)508.37%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-100.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-61.11%
EPS Next Y61.36%
EPS Next 2Y50.55%
EPS Next 3Y39.7%
EPS Next 5YN/A
Revenue 1Y (TTM)158.36%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%70.19%
Revenue Next Year109.52%
Revenue Next 2Y664.32%
Revenue Next 3Y434.94%
Revenue Next 5YN/A
EBIT growth 1Y-1.87%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y97.7%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y95.32%
OCF growth 3YN/A
OCF growth 5YN/A

BITMINE IMMERSION TECHNOLOGI / BMNR FAQ

What is the ChartMill fundamental rating of BITMINE IMMERSION TECHNOLOGI (BMNR) stock?

ChartMill assigns a fundamental rating of 2 / 10 to BMNR.


Can you provide the valuation status for BITMINE IMMERSION TECHNOLOGI?

ChartMill assigns a valuation rating of 2 / 10 to BITMINE IMMERSION TECHNOLOGI (BMNR). This can be considered as Overvalued.


What is the profitability of BMNR stock?

BITMINE IMMERSION TECHNOLOGI (BMNR) has a profitability rating of 0 / 10.


Can you provide the financial health for BMNR stock?

The financial health rating of BITMINE IMMERSION TECHNOLOGI (BMNR) is 2 / 10.