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ABTSAbits Group Inc.
$1.15$3M
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Abits Group Inc. (ABTS) Financial Ratios

Latest Ratios: P/E Ratio -4.3x · EV/EBITDA 3.7x · ROE -6.4%. (2014–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

ABTS Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$3M$22M$25M$41M$15M$54M$26M$35M$55M$178M$429M
Enterprise Value$5M$24M$23M$40M$13M$52M$26M$35M$62M$181M$432M
P/E Ratio →-4.26—————359.04118.04———
P/S Ratio0.493.853.6524.1093.93246.9127.5994.51162.481935.1019992.15
P/B Ratio0.282.222.363.580.658.2565.15101.30———
P/FCF———————————
P/OCF1.9315.2912.7823.08———————

P/E links to full P/E history page with 30-year chart

ABTS EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—4.243.4823.5878.70235.4827.9695.22183.061961.5620104.37
EV / EBITDA3.6617.833.90———94.85————
EV / EBIT——————363.96————
EV / FCF———————————

ABTS Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin22.8%22.8%50.3%72.9%-180.5%100.0%100.0%100.0%-103.0%-1107.3%-8693.8%
Operating Margin-22.1%-22.1%50.3%-655.0%-11713.5%-1306.8%7.7%-143.0%-2512.0%-11497.5%-46837.7%
Net Profit Margin-11.5%-11.5%-13.9%-749.6%-13774.5%-1249.2%7.7%81.1%-2528.5%-14851.4%-64313.9%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-6.4%-6.4%-8.6%-71.6%-148.6%-78.6%19.5%86.9%——-410.5%
ROA-5.3%-5.3%-7.9%-68.4%-140.4%-54.6%3.6%29.4%-1032.8%-375.4%-135.3%
ROIC-8.3%-8.3%23.3%-46.9%-94.8%-58.7%7.7%-61.4%—-779.0%-162.6%
ROCE-12.4%-12.4%31.1%-62.5%-126.4%-82.3%19.5%-153.3%——-299.0%

ABTS Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.230.23————0.900.87———
Debt / EBITDA1.691.69————1.29————
Net Debt / Equity—0.22-0.11-0.08-0.10-0.380.880.76———
Net Debt / EBITDA1.621.62-0.19———1.27————
Debt / FCF———————————
Interest Coverage-4.51-4.51-24.11-666.62—-46.23——-140.71-133305.31-223602.97

ABTS Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio0.180.181.691.657.972.341.210.890.030.040.12
Quick Ratio0.180.181.691.657.972.341.210.890.030.040.12
Cash Ratio0.030.031.130.884.082.140.000.030.030.000.02
Asset Turnover—0.430.590.140.010.030.410.211.120.070.00
Inventory Turnover———————————
Days Sales Outstanding———————————

ABTS Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield———————————
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield——————0.3%0.8%———
FCF Yield———————————
Buyback Yield0.0%——————————
Total Shareholder Yield0.0%——————————
Shares Outstanding—$2M$2M$2M$2M$1M$1M$1M$898096$887692$1M

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Imminent liquidity and insolvency

Speculative Valuation Amidst Operational Uncertainty

Based on reported figures, ABTS trades at a P/S ratio of 0.50, which appears to reflect the market's deep skepticism regarding the company's ability to generate sustainable earnings following its pivot from social media to the highly commoditized and capital-intensive Bitcoin mining sector.

The negative P/E of -4.37 and the lack of a forward P/E suggest that investors are currently unable to anchor the stock to any fundamental earnings growth. The low P/B ratio of 0.29 indicates that the market is pricing the company at a significant discount to its book value, likely reflecting concerns over the rapid depreciation and potential obsolescence of its mining hardware fleet.

Persistent Margin Compression and Inefficiency

As reported in financial statements, the company's net margin of -11.45% underscores a fundamental inability to achieve economies of scale, with operating margins frequently dipping into deeply negative territory compared to more efficient, larger-scale peers in the digital asset mining industry.

The volatility in gross margins, which have swung from -101.7% to 78.5% over the last ten quarters, suggests that the company's cost structure is highly sensitive to external factors like electricity pricing and network difficulty. This inconsistency implies that the current business model lacks the operational leverage required to translate revenue into consistent bottom-line profitability.

Capital Erosion and Negative Compounding

According to recent SEC filings, ABTS has struggled to maintain positive returns on invested capital, with ROIC figures frequently turning negative, which indicates that the capital deployed into mining infrastructure is currently failing to generate value for shareholders relative to the cost of that capital.

The erratic trend in ROIC, which reached -3.8% in 2025Q4, highlights the difficulty of compounding returns in a sector where hardware efficiency degrades rapidly. This decay in returns suggests that the company's capital allocation strategy may be reactive, prioritizing survival over the long-term optimization of its mining fleet.

Critical Liquidity Constraints Threaten Continuity

Based on the provided financial data, the company's current ratio of 0.18 reveals a severe liquidity shortfall, leaving the firm with a cash balance of only $94,132, which appears insufficient to cover short-term operational obligations or necessary capital expenditures in a volatile market environment.

The lack of a meaningful liquidity buffer suggests that the company is highly vulnerable to even minor disruptions in Bitcoin mining rewards or unexpected spikes in operational costs. Investors should monitor the company's ability to secure external financing, as the current balance sheet structure may necessitate dilutive equity raises to maintain basic operations.

Misapplication of P/S in Mining

The Price-to-Sales ratio is frequently misapplied to ABTS, as it obscures the company's high capital intensity and the rapid depreciation of its mining assets, which are not captured in top-line revenue figures but are essential for determining the true economic viability of the business.

Instead of relying on P/S, analysts should focus on the relationship between Hash Rate capacity and the cost of electricity, as these metrics provide a more accurate picture of the company's operational efficiency. Using P/S in this context risks ignoring the fact that revenue growth in mining can be entirely offset by the rising costs of maintaining a competitive fleet.

Download Financial Ratios Data

Includes 30+ ratios · 12 years · Updated daily

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ABTS — Frequently Asked Questions

Quick answers to the most common questions about buying ABTS stock.

What is Abits Group Inc.'s P/E ratio?

Abits Group Inc.'s current P/E ratio is -4.3x. The historical average is 118.0x.

What is Abits Group Inc.'s EV/EBITDA?

Abits Group Inc.'s current EV/EBITDA is 3.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 38.9x.

What is Abits Group Inc.'s ROE?

Abits Group Inc.'s return on equity (ROE) is -6.4%. The historical average is -119.6%.

Is ABTS stock overvalued?

Based on historical data, Abits Group Inc. is trading at a P/E of -4.3x. Compare with industry peers and growth rates for a complete picture.

What are Abits Group Inc.'s profit margins?

Abits Group Inc. has 22.8% gross margin and -22.1% operating margin.

How much debt does Abits Group Inc. have?

Abits Group Inc.'s Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.