Stock fact sheet · data as of
American Bitcoin Corp (ABTC): fair value, margin of safety and Wheel Score
Ticker symbol ABTC · Financial Services · Financial - Capital Markets · United States · Class A common stock · Speculative
ABTC is American Bitcoin Corp's Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is ABTC undervalued?
American Bitcoin Corp (ABTC) closed at 6.24 on 5 Nov 2026. None of the nine GLS valuation models produced a positive value for the stock - the company lost money over the last twelve months, EPS -0.99, it pays no dividend and its debts exceed what its assets would fetch - so there is no GLS average fair value and no margin of safety to report. The quality, option and event numbers below still apply; the Quote page's Wall Street View shows what analysts expect instead.
The nightly engine files ABTC under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for ABTC
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -7.85 | -226% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 15.50 | +148% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: ABTC passes 2 of the nine Piotroski tests. Our scans drop the stock at the health filter; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is low at 2.1 out of 10: returns on capital, margins or the balance sheet have not shown a lasting edge yet - often a young company, a thin-margin business or one that has only recently turned profitable.
Returns on capital are thin or negative - ROIC -17.9%, ROE -23.0%, ROA -12.3% - with debt at 0.28 times equity and negative free cash flow.
American Bitcoin Corp pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Software Revenues 98%, Consulting Revenues 2%, Other Revenues 0% (quarter Q2 FY2023).
Institutional ownership scores 1/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 2 / 9 | ROIC | -17.9% |
|---|---|---|---|
| GLS Moat | 2.1 / 10 | ROE | -23.0% |
| Debt / equity | 0.28 | ROA | -12.3% |
| Free-cash-flow yield | -24.5% | Payout ratio | 0% |
| Institutions | 1 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 10: Weak
ABTC scores 10 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 2, a real business, not a gamble - speculative (a loss, or a weak Piotroski score); and filter 3, below fair value - trades right at our fair value; and filter 4, financially healthy - Piotroski 2/9 (under 6); and filter 6, no serious red flags - Red Flags score 35 (under 60); and filter 7, a premium worth selling - implied volatility 115% (over 80%); and filter 8, big enough - market cap $454M (under $1.0B), and the parts are thin too - value weak, premium weak, moat weak, health weak, red flags weak, option trading fair, stability weak. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 115%, above the 80% ceiling of the Wheel Trade Filter on premium. The premium looks generous, but moves of that size can blow through any strike. Chain open interest is 13,358 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 1.3M shares a day on a market cap of $454M, with a beta of 4.10 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score rates that weak.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Fails | trades right at our fair value |
| 4 | Financially healthy | Fails | Piotroski 2/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Fails | Red Flags score 35 (under 60) |
| 7 | A premium worth selling | Fails | implied volatility 115% (over 80%) |
| 8 | Big enough | Fails | market cap $454M (under $1.0B) |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 0% below fair value | |
| Premium | Weak | implied volatility 115% | |
| Moat | Weak | moat 2.1/10 | |
| Health | Weak | Piotroski 2/9 | |
| Red Flags | Weak | Red Flags score 35/100 | |
| Option trading | Fair | 3,494 contracts a day, 13,358 open interest | |
| Stability | Weak | beta 4.10, $454M company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for ABTC in the nightly calendar.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Financial - Capital Markets
The 12 companies below are the closest to American Bitcoin Corp by market cap within the Financial - Capital Markets industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| CSHR CoinShares PLC Ordinary Shares | 3.94 | 28.96 | +86% | 32Weak | $519M |
| MTC MMTec, Inc. | 5.37 | 5.95 | +10% | 18No options | $535M |
| BTGO BitGo Holdings, Inc. | 5.42 | 127.42 | +96% | 34Weak | $589M |
| GEMI Gemini Space Station, Inc. | 2.81 | - | - | 16Weak | $343M |
| BTBT Bit Digital, Inc. | 0.8343 | 0.0326 | -2456% | 9Weak | $301M |
| TIGR UP Fintech Holding Ltd. Sponsored ADR Class A | 3.95 | 45.66 | +91% | 50Fair | $710M |
| RHNO Rhino Bitcoin Inc. | 8.90 | - | - | 12No options | $712M |
| CD Chaince Digital Holdings Inc. | 6.74 | 0.3486 | -1834% | 11Weak | $741M |
| CNCK Coincheck Group N.V. | 1.28 | 2.22 | +42% | 28No options | $245M |
| LCLN Lincoln International Inc. | 27.25 | 33.86 | +20% | 27No options | $950M |
| OPY Oppenheimer Holdings Inc. | 91.86 | 201.33 | +54% | 44Weak | $975M |
| GOLD Gold.com, Inc. | 41.43 | 218.02 | +81% | 80Good | $1.2B |
⚖ Compare ABTC with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about ABTC
What kind of share is ABTC?
ABTC is American Bitcoin Corp's Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is ABTC undervalued right now?
The GLS models could not value ABTC (the company lost money over the last twelve months, EPS -0.99, it pays no dividend and its debts exceed what its assets would fetch), so there is no fair value or margin of safety to compare the price of 6.24 against.
What is the Wheel Score of ABTC and what does it mean?
ABTC scores 10 out of 100 (Weak) - it fails Wheel Trade Filters 2, 3, 4, 6, 7, 8. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for ABTC?
None of the nine GLS models produced a positive value for ABTC (the company lost money over the last twelve months, EPS -0.99, it pays no dividend and its debts exceed what its assets would fetch), so there is no GLS fair value tonight.
When does American Bitcoin Corp report earnings next?
No upcoming earnings date is recorded for ABTC in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does ABTC have listed options, and how liquid are they?
Yes. The nightly snapshot found 84 listed contracts with 13,358 open interest across all expiries and implied volatility of 115% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.