# Bitdeer Technologies Group Class A (BTDR) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $12.38, market value $3.4 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Bitdeer Technologies Group Class A reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 4.1×**. Each dollar of revenue is priced at 4.1×.
- **Price / book: 3.1×**. The shares trade at 3.1× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 53.2×**. Enterprise value is 53.2× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: -62.3%** (5-yr avg -77.2%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 0.5%**. Bitdeer Technologies Group Class A keeps 0.5% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -34.4%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: 10.6%**. 10.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.6%**. 7.6% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: -15.9%**. Return on all capital, debt included, is -15.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -16.0%**. Each dollar of assets produces -16.0% of profit.

## Growth
- **Revenue growth (1 yr): 77.3%** (3-yr 23.0%/yr, 5-yr 27.2%/yr). Revenue grew 77.3% over the last year, against 27.2% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 67.2%**. Earnings per share rose 67.2%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 1.27**. Debt is 1.27 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 10.8×**. It would take 10.8 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Current ratio: 0.91** (quick 0.75). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 1.42**. A Z-score of 1.42 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Bitdeer Technologies Group Class A does not currently pay a dividend, but it returned -21.5% of its market value through buybacks over the last year.

## Analyst view
- **Analyst consensus: strong_buy** (13 analysts). 13 analysts cover Bitdeer Technologies Group Class A; the consensus is strong_buy, with an average price target of $21.77 (+76% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 3.1%** (YTD 10.4%, 3-mo -29.1%). The shares are up 3.1% over twelve months including dividends.
- **From 52-week high: -55.5%** (79.0% above the low). Trading 55% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 58**. An RSI of 58 is neutral.
- **Beta (1 yr): 4.11** (volatility 109%). Beta of 4.11 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BTDR · Page: https://foliofundamentals.com/stocks/btdr

Not investment advice.