COMP <GO>
BGIN vs LIEN // EV/EBITDA & P/E VALUATION
Bgin Blockchain Limited (Class A) (NASDAQ) VS. Chicago Atlantic BDC Inc. (NASDAQ) • 15-METRIC TALLY: BGIN 1
— LIEN 3
■ METRIC PARITY
LAST: $1.82 (+1.68%) • MKT CAP: $205.9M
valuation
—
LAST: $9.15 (+0.33%) • MKT CAP: $208.8M
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BGIN VS. LIEN)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BGIN | LIEN | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -35.00% | 11.00% | -46.00 | LIEN | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | — | -9.81% | — | TIE | /fcf-yield <GO> |
| Operating Margin | -60.00% | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | -60.00% | — | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | -65.00% | — | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 1.97% | 11.15% | -9.18 | LIEN | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 2/9 | 2/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 57.7 | 37.9 | +19.82 | BGIN | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 5.9x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $205.9M | $208.8M | -$2.9M | LIEN | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BGIN REV | LIEN REV | BGIN GROSS % | LIEN GROSS % | BGIN FCF | LIEN FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $67.4M | $0 | — | — | -$171.1M | -$20.5M |
| FY 2024 | $302.3M | $0 | — | — | -$212.3M | -$5.0M |
| FY 2023 | $257.3M | $0 | — | — | -$31.3M | $5.7M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BGIN // BETA —
LIEN // BETA —