COMP <GO>
TRON vs BTGO // EV/EBITDA & P/E VALUATION
Tron Inc. (NASDAQ) VS. BitGo Holdings Inc. (Class A) (NYSE) • 15-METRIC TALLY: TRON 1
— BTGO 1
■ METRIC PARITY
LAST: $1.36 (-11.40%) • MKT CAP: $645.2M
valuation
—
LAST: $5.79 (-0.17%) • MKT CAP: $680.6M
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TRON VS. BTGO)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | TRON | BTGO | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -0.90% | — | — | TIE | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -0.22% | — | — | TIE | /fcf-yield <GO> |
| Operating Margin | -53.10% | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | -60.00% | — | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | 10.00% | — | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 3/9 | — | — | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 46.4 | 34.6 | +11.79 | TRON | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $645.2M | $680.6M | -$35.4M | BTGO | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | TRON REV | BTGO REV | TRON GROSS % | BTGO GROSS % | TRON FCF | BTGO FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $4.7M | $0 | — | — | -$1.4M | — |
| FY 2024 | $4.3M | — | — | — | -$2.9M | — |
| FY 2023 | $5.8M | — | — | — | -$766.9K | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
TRON // BETA —
BTGO // BETA —