BITCOIN DEPOT INC (BTM) Stock Fundamental Analysis

NASDAQ:BTM • US09174P1057

4.39 USD
-0.76 (-14.76%)
At close: Feb 27, 2026
4.38 USD
-0.01 (-0.23%)
After Hours: 2/27/2026, 8:00:02 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

BTM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 81 industry peers in the Commercial Services & Supplies industry. While BTM has a great profitability rating, there are some minor concerns on its financial health. BTM scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make BTM suitable for value investing!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • BTM had positive earnings in the past year.
  • BTM had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: BTM reported negative net income in multiple years.
  • In the past 5 years BTM always reported a positive cash flow from operatings.
BTM Yearly Net Income VS EBIT VS OCF VS FCFBTM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 0 20M -20M 40M

1.2 Ratios

  • The Return On Assets of BTM (7.31%) is better than 79.01% of its industry peers.
  • Looking at the Return On Equity, with a value of 49.42%, BTM belongs to the top of the industry, outperforming 98.77% of the companies in the same industry.
  • BTM has a better Return On Invested Capital (60.99%) than 100.00% of its industry peers.
  • BTM had an Average Return On Invested Capital over the past 3 years of 74.55%. This is significantly above the industry average of 10.69%.
  • The last Return On Invested Capital (60.99%) for BTM is well below the 3 year average (74.55%), which needs to be investigated, but indicates that BTM had better years and this may not be a problem.
Industry RankSector Rank
ROA 7.31%
ROE 49.42%
ROIC 60.99%
ROA(3y)-15.14%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)74.55%
ROIC(5y)N/A
BTM Yearly ROA, ROE, ROICBTM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 0 50 100 150

1.3 Margins

  • With a Profit Margin value of 1.44%, BTM perfoms like the industry average, outperforming 56.79% of the companies in the same industry.
  • BTM has a Operating Margin of 9.10%. This is in the better half of the industry: BTM outperforms 66.67% of its industry peers.
  • BTM's Operating Margin has improved in the last couple of years.
  • BTM's Gross Margin of 19.43% is on the low side compared to the rest of the industry. BTM is outperformed by 77.78% of its industry peers.
  • BTM's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 9.1%
PM (TTM) 1.44%
GM 19.43%
OM growth 3Y6.04%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y11.73%
GM growth 5YN/A
BTM Yearly Profit, Operating, Gross MarginsBTM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 0 5 10 15

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), BTM is creating value.
  • BTM has more shares outstanding than it did 1 year ago.
  • BTM has a worse debt/assets ratio than last year.
BTM Yearly Shares OutstandingBTM Yearly Shares OutstandingYearly Shares Outstanding 2021 2022 2023 2024 5M 10M 15M 20M
BTM Yearly Total Debt VS Total AssetsBTM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2021 2022 2023 2024 20M 40M 60M 80M 100M

2.2 Solvency

  • BTM has an Altman-Z score of 8.45. This indicates that BTM is financially healthy and has little risk of bankruptcy at the moment.
  • BTM's Altman-Z score of 8.45 is amongst the best of the industry. BTM outperforms 88.89% of its industry peers.
  • BTM has a debt to FCF ratio of 2.15. This is a good value and a sign of high solvency as BTM would need 2.15 years to pay back of all of its debts.
  • BTM has a Debt to FCF ratio of 2.15. This is in the better half of the industry: BTM outperforms 79.01% of its industry peers.
  • BTM has a Debt/Equity ratio of 3.25. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 3.25, BTM is doing worse than 85.19% of the companies in the same industry.
  • Although BTM does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 3.25
Debt/FCF 2.15
Altman-Z 8.45
ROIC/WACC6.08
WACC10.03%
BTM Yearly LT Debt VS Equity VS FCFBTM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 0 20M -20M 40M

2.3 Liquidity

  • A Current Ratio of 1.88 indicates that BTM should not have too much problems paying its short term obligations.
  • The Current ratio of BTM (1.88) is better than 66.67% of its industry peers.
  • A Quick Ratio of 1.88 indicates that BTM should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.88, BTM is in the better half of the industry, outperforming 76.54% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.88
Quick Ratio 1.88
BTM Yearly Current Assets VS Current LiabilitesBTM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2021 2022 2023 2024 10M 20M 30M 40M

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

4

3. Growth

3.1 Past

  • BTM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 328.77%, which is quite impressive.
  • BTM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.60%.
  • The Revenue has been growing slightly by 1.48% on average over the past years.
EPS 1Y (TTM)328.77%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1220%
Revenue 1Y (TTM)8.6%
Revenue growth 3Y1.48%
Revenue growth 5YN/A
Sales Q2Q%20.12%

3.2 Future

  • The Earnings Per Share is expected to grow by 47.15% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, BTM will show a decrease in Revenue. The Revenue will decrease by -1.12% on average per year.
EPS Next Y167.95%
EPS Next 2Y47.15%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.62%
Revenue Next 2Y-1.12%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
BTM Yearly Revenue VS EstimatesBTM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M
BTM Yearly EPS VS EstimatesBTM Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 2025 2026 0 0.2 -0.2 -0.4

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Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 2.63, the valuation of BTM can be described as very cheap.
  • Compared to the rest of the industry, the Price/Earnings ratio of BTM indicates a rather cheap valuation: BTM is cheaper than 96.30% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.07. BTM is valued rather cheaply when compared to this.
  • With a Price/Forward Earnings ratio of 48.29, BTM can be considered very expensive at the moment.
  • BTM's Price/Forward Earnings is on the same level as the industry average.
  • BTM's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.05.
Industry RankSector Rank
PE 2.63
Fwd PE 48.29
BTM Price Earnings VS Forward Price EarningsBTM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • 95.06% of the companies in the same industry are more expensive than BTM, based on the Enterprise Value to EBITDA ratio.
  • BTM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BTM is cheaper than 90.12% of the companies in the same industry.
Industry RankSector Rank
P/FCF 9.87
EV/EBITDA 5.09
BTM Per share dataBTM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of BTM may justify a higher PE ratio.
  • BTM's earnings are expected to grow with 47.15% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y47.15%
EPS Next 3YN/A

More info and screens

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

0

5. Dividend

5.1 Amount

  • No dividends for BTM!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

BITCOIN DEPOT INC

NASDAQ:BTM (2/27/2026, 8:00:02 PM)

After market: 4.38 -0.01 (-0.23%)

4.39

-0.76 (-14.76%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)11-13
Earnings (Next)03-09
Inst Owners36.27%
Inst Owner Change33.33%
Ins Owners3.23%
Ins Owner Change18.95%
Market Cap321.96M
Revenue(TTM)635.64M
Net Income(TTM)9.16M
Analysts77.14
Price TargetN/A
Short Float %6.45%
Short Ratio2.12
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-11.72%
Min EPS beat(2)-16.62%
Max EPS beat(2)-6.81%
EPS beat(4)1
Avg EPS beat(4)-210.26%
Min EPS beat(4)-931.68%
Max EPS beat(4)114.08%
EPS beat(8)1
Avg EPS beat(8)-472.9%
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)2
Avg Revenue beat(2)3.38%
Min Revenue beat(2)0.06%
Max Revenue beat(2)6.7%
Revenue beat(4)4
Avg Revenue beat(4)4.25%
Min Revenue beat(4)0.06%
Max Revenue beat(4)7.2%
Revenue beat(8)6
Avg Revenue beat(8)2.41%
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)0%
PT rev (3m)0%
EPS NQ rev (1m)-600%
EPS NQ rev (3m)-4566.9%
EPS NY rev (1m)0%
EPS NY rev (3m)12.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.65%
Valuation
Industry RankSector Rank
PE 2.63
Fwd PE 48.29
P/S 0.51
P/FCF 9.87
P/OCF 8.4
P/B 17.37
P/tB 37.3
EV/EBITDA 5.09
EPS(TTM)1.67
EY38.04%
EPS(NY)0.09
Fwd EY2.07%
FCF(TTM)0.44
FCFY10.13%
OCF(TTM)0.52
OCFY11.9%
SpS8.67
BVpS0.25
TBVpS0.12
PEG (NY)0.02
PEG (5Y)N/A
Graham Number3.08
Profitability
Industry RankSector Rank
ROA 7.31%
ROE 49.42%
ROCE 69.58%
ROIC 60.99%
ROICexc 212.37%
ROICexgc 362.89%
OM 9.1%
PM (TTM) 1.44%
GM 19.43%
FCFM 5.13%
ROA(3y)-15.14%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)74.55%
ROIC(5y)N/A
ROICexc(3y)871.35%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)85.05%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y59.71%
ROICexc growth 5YN/A
OM growth 3Y6.04%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y11.73%
GM growth 5YN/A
F-Score7
Asset Turnover5.07
Health
Industry RankSector Rank
Debt/Equity 3.25
Debt/FCF 2.15
Debt/EBITDA 0.92
Cap/Depr 75.71%
Cap/Sales 0.9%
Interest Coverage 4.84
Cash Conversion 58.59%
Profit Quality 355.99%
Current Ratio 1.88
Quick Ratio 1.88
Altman-Z 8.45
F-Score7
WACC10.03%
ROIC/WACC6.08
Cap/Depr(3y)37.6%
Cap/Depr(5y)47.02%
Cap/Sales(3y)0.68%
Cap/Sales(5y)0.81%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)328.77%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1220%
EPS Next Y167.95%
EPS Next 2Y47.15%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.6%
Revenue growth 3Y1.48%
Revenue growth 5YN/A
Sales Q2Q%20.12%
Revenue Next Year7.62%
Revenue Next 2Y-1.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y126.7%
EBIT growth 3Y7.61%
EBIT growth 5YN/A
EBIT Next Year201.19%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-23.61%
FCF growth 3Y-8.41%
FCF growth 5YN/A
OCF growth 1Y-10.52%
OCF growth 3Y-1.07%
OCF growth 5YN/A

BITCOIN DEPOT INC / BTM FAQ

Can you provide the ChartMill fundamental rating for BITCOIN DEPOT INC?

ChartMill assigns a fundamental rating of 6 / 10 to BTM.


What is the valuation status for BTM stock?

ChartMill assigns a valuation rating of 8 / 10 to BITCOIN DEPOT INC (BTM). This can be considered as Undervalued.


Can you provide the profitability details for BITCOIN DEPOT INC?

BITCOIN DEPOT INC (BTM) has a profitability rating of 7 / 10.


Can you provide the PE and PB ratios for BTM stock?

The Price/Earnings (PE) ratio for BITCOIN DEPOT INC (BTM) is 2.63 and the Price/Book (PB) ratio is 17.37.


What is the financial health of BITCOIN DEPOT INC (BTM) stock?

The financial health rating of BITCOIN DEPOT INC (BTM) is 6 / 10.