BitGo Holdings, Inc. (BTGO) vs CoinShares PLC (CSHR)
BitGo Holdings, Inc. and CoinShares PLC are both Capital Markets companies. BitGo Holdings, Inc. is the larger, with a market value of $936.8M against $769.7M — 1.2× the size. BitGo Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; CoinShares PLC trades at 7.3×. CoinShares PLC has the higher net margin (0.00% vs −0.55%) and the higher return on invested capital (0.00% vs 0.00%). Across the 11 metrics below, CoinShares PLC leads on 7 and BitGo Holdings, Inc. on 4.
Valuation
Profitability
| Metric | BTGO | CSHR | Capital Markets median |
|---|---|---|---|
| Gross margin | 37.64% | — | 62.80% |
| Operating margin | 36.69% | 0.00% | 0.00% |
| Net margin | (0.55%) | 0.00% | (0.55%) |
| Free cash flow margin | (0.39%) | 0.00% | 0.00% |
| Return on equity | 0.00% | (103.66%) | 0.00% |
| Return on assets | (3.02%) | 4.73% | 0.00% |
| Return on invested capital | 0.00% | 0.00% | 0.00% |
Growth
Health
Dividend
Size
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