Bgin Blockchain Limited Class A Ordinary Shares (BGIN)

FairStock Score: 40/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Bgin Blockchain operates crypto mining, mining pools, and sells mining machines and chips, with 88 employees. At $2.11 on 2026-10-13, the market values it at $395 million. The reported earnings picture is ugly: EPS is -$1.62, and FairStock's calculations show P/E -1.30, ROE -133.64%, ROCE -45.90%, and P/B 4.40. That means the business is losing money on both equity and capital, yet the shares trade well above book value. The Piotroski F-Score of 1/9 signals very weak fundamental momentum, while the Altman Z-Score of 6.98 suggests low near-term bankruptcy risk, helped by a debt-to-equity ratio of 0.00. Revenue and profit growth are listed as N/A, and the Lynch category is none because only 0 years of filed results are available against the 3 needed; I cannot assess a durable growth record. In crypto mining and hardware, competitive advantage is usually fleeting: coin prices, chip efficiency, and capital costs drive economics. A debt-free balance sheet is a real positive, but it does not offset persistent losses and negative returns. With a FairStock Score of 40/100 and a 52-week range of $1.61-$6.50, the stock is volatile and priced for recovery rather than proven value. Graham would demand a margin of safety in earnings and assets; here I see neither.

In plain English: Bgin Blockchain is a small crypto technology company that mines digital coins and sells mining machines, chips, and related services. The business looks weak because it is losing money and generating negative returns, and there is not enough filed history to judge its growth. At $2.11, the price looks expensive relative to its accounting value, while the lack of profits makes it hard to call it cheap.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer