BITCOIN DEPOT INC (BTM) Fundamental Analysis & Valuation

NASDAQ:BTM • US09174P3038

Current stock price

3.24 USD
-0.28 (-8.09%)
At close:
3.4146 USD
+0.17 (+5.39%)
After Hours:

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

7

1. BTM Profitability Analysis

1.1 Basic Checks

  • BTM had positive earnings in the past year.
  • In the past year BTM had a positive cash flow from operations.
  • In multiple years BTM reported negative net income over the last 5 years.
  • BTM had a positive operating cash flow in each of the past 5 years.
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

  • Looking at the Return On Assets, with a value of 7.31%, BTM is in the better half of the industry, outperforming 78.05% of the companies in the same industry.
  • BTM has a Return On Equity of 49.42%. This is amongst the best in the industry. BTM outperforms 97.56% of its industry peers.
  • The Return On Invested Capital of BTM (60.99%) is better than 100.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for BTM is significantly above the industry average of 10.58%.
  • The 3 year average ROIC (74.55%) for BTM is well above the current ROIC(60.99%). The reason for the recent decline needs to be investigated.
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

  • BTM has a Profit Margin of 1.44%. This is comparable to the rest of the industry: BTM outperforms 58.54% of its industry peers.
  • The Operating Margin of BTM (9.10%) is better than 68.29% of its industry peers.
  • In the last couple of years the Operating Margin of BTM has grown nicely.
  • BTM has a worse Gross Margin (19.43%) than 76.83% of its industry peers.
  • In the last couple of years the Gross Margin of BTM has grown nicely.
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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6

2. BTM Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so BTM is creating value.
  • Compared to 1 year ago, BTM has more shares outstanding
  • Compared to 1 year ago, BTM has a worse debt to assets ratio.
BTM Yearly Shares OutstandingBTM Yearly Shares OutstandingYearly Shares Outstanding 2021 2022 2023 2024 1M 2M 3M
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

  • An Altman-Z score of 6.85 indicates that BTM is not in any danger for bankruptcy at the moment.
  • BTM has a better Altman-Z score (6.85) than 85.37% of its industry peers.
  • The Debt to FCF ratio of BTM is 2.15, which is a good value as it means it would take BTM, 2.15 years of fcf income to pay off all of its debts.
  • BTM's Debt to FCF ratio of 2.15 is fine compared to the rest of the industry. BTM outperforms 79.27% of its industry peers.
  • A Debt/Equity ratio of 3.25 is on the high side and indicates that BTM has dependencies on debt financing.
  • The Debt to Equity ratio of BTM (3.25) is worse than 82.93% of its industry peers.
  • Although BTM's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. 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 6.85
ROIC/WACC3.71
WACC16.42%
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

  • BTM has a Current Ratio of 1.88. This is a normal value and indicates that BTM is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of BTM (1.88) is better than 65.85% of its industry peers.
  • BTM has a Quick Ratio of 1.88. This is a normal value and indicates that BTM is financially healthy and should not expect problems in meeting its short term obligations.
  • BTM's Quick ratio of 1.88 is fine compared to the rest of the industry. BTM outperforms 75.61% of its industry peers.
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. BTM Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 131.51% over the past year.
  • Looking at the last year, BTM shows a quite strong growth in Revenue. The Revenue has grown by 8.60% in the last year.
  • BTM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.48% yearly.
EPS 1Y (TTM)131.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%260%
Revenue 1Y (TTM)8.6%
Revenue growth 3Y1.48%
Revenue growth 5YN/A
Sales Q2Q%20.12%

3.2 Future

  • BTM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 47.15% yearly.
  • BTM is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.12% yearly.
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

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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 2 -2

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Find the best growth stocksShow best growing peers

10

4. BTM Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 2.01 indicates a rather cheap valuation of BTM.
  • 97.56% of the companies in the same industry are more expensive than BTM, based on the Price/Earnings ratio.
  • BTM's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.73.
  • With a Price/Forward Earnings ratio of 5.09, the valuation of BTM can be described as very cheap.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of BTM indicates a rather cheap valuation: BTM is cheaper than 96.34% of the companies listed in the same industry.
  • BTM is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.72, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 2.01
Fwd PE 5.09
BTM Price Earnings VS Forward Price EarningsBTM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, BTM is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of BTM indicates a rather cheap valuation: BTM is cheaper than 98.78% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 1.04
EV/EBITDA 0.73
BTM Per share dataBTM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • BTM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • BTM has a very decent profitability rating, which 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)0.01
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. BTM Dividend Analysis

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

BTM Fundamentals: All Metrics, Ratios and Statistics

BITCOIN DEPOT INC

NASDAQ:BTM (3/19/2026, 8:00:02 PM)

After market: 3.4146 +0.17 (+5.39%)

3.24

-0.28 (-8.09%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)03-09
Earnings (Next)05-05
Inst Owners31.63%
Inst Owner Change33.33%
Ins Owners1.27%
Ins Owner Change28.17%
Market Cap33.96M
Revenue(TTM)635.64M
Net Income(TTM)9.16M
Analysts77.14
Price TargetN/A
Short Float %N/A
Short Ratio0.61
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)-600%
EPS NY rev (1m)600%
EPS NY rev (3m)600%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 2.01
Fwd PE 5.09
P/S 0.05
P/FCF 1.04
P/OCF 0.89
P/B 1.83
P/tB 3.93
EV/EBITDA 0.73
EPS(TTM)1.61
EY49.69%
EPS(NY)0.64
Fwd EY19.64%
FCF(TTM)3.11
FCFY96.02%
OCF(TTM)3.66
OCFY112.87%
SpS60.65
BVpS1.77
TBVpS0.82
PEG (NY)0.01
PEG (5Y)N/A
Graham Number8
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 6.85
F-Score7
WACC16.42%
ROIC/WACC3.71
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)131.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%260%
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 Fundamental Analysis 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 10 / 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 2.01 and the Price/Book (PB) ratio is 1.83.


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

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