Ebang International Holdings Inc. Class A Ordinary Shares (EBON)
FairStock Score: 46/100 — MIXED
Key Financials
| Current Price | $1.99 |
| Market Cap | $16M |
| P/E Ratio | -1.01 |
| ROE | -6.16% |
| Dividend Yield | —% |
| Sector | Technology |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
I look for businesses with durable competitive advantages, honest accounting, and a price that leaves a margin of safety. Ebang is hard to classify: it sells cross-border payment and FX services, solar and battery storage, SaaS visualization, and fiber-optic access devices. That mix may offer optionality, but I see no clear moat in these figures; it is a small technology hardware and services firm with just 197 employees. Financial health is mixed. At the 2026-10-13 close of $1.83, the market cap is only $16.3M. Debt is negligible with D/E of 0.01, a genuine positive. But the company is unprofitable: the FairStock-calculated P/E is -0.92, ROE -6.16%, ROCE -5.39%. Piotroski F-Score 3/9 and Altman Z-Score 1.27 suggest weak quality and balance-sheet stress. Valuation looks superficially extraordinary: P/B 0.05. Graham might call that a cigar butt, but book value is only useful if assets are real and earning. With negative returns, the discount may be deserved. Growth is unproven: revenue and profit growth are N/A, and the Lynch category is none because only 0 years of filed annual results exist versus the 3 needed. Beta of 3.00 warns that Mr. Market will swing violently. The 52-week range $1.61-$5.09 shows how far sentiment can move. I would need several years of filed results, positive owner earnings, and evidence that the payment/solar/SaaS pivot can earn a return before calling this a sound value. Until then, it is a speculation on asset value and turnaround, not a compounding business.
In plain English: Ebang sells cross-border payment and foreign-exchange services, solar and battery storage, data analytics software, and fiber-optic equipment. The business looks weak because it is losing money and has a very short public record, though it carries almost no debt. At $1.83, the price looks extremely cheap compared with its accounting net assets, but the weak profits make it hard to know if that cheapness is real.
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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