Grayscale Ethereum Staking Mini ETF
Grayscale Ethereum Staking Mini ETF Fundamental Analysis
Grayscale Ethereum Staking Mini ETF (ETH) shows weak financial fundamentals with a PE ratio of 10.81, profit margin of 7.35%, and ROE of 9.20%. The company generates $2.0B in annual revenue with weak year-over-year growth of -18.34%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 25.9/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze ETH's fundamental strength across five key dimensions:
Efficiency Score
WeakETH struggles to generate sufficient returns from assets.
Valuation Score
ExcellentETH trades at attractive valuation levels.
Growth Score
WeakETH faces weak or negative growth trends.
Financial Health Score
ExcellentETH maintains a strong and stable balance sheet.
Profitability Score
WeakETH struggles to sustain strong margins.
Key Financial Metrics
Is ETH Expensive or Cheap?
P/E Ratio
ETH trades at 10.81 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, ETH's PEG of -1.41 indicates potential undervaluation.
Price to Book
The market values Grayscale Ethereum Staking Mini ETF at 1.00 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 38.35 times EBITDA. This signals the market has high growth expectations.
How Well Does ETH Make Money?
Net Profit Margin
For every $100 in sales, Grayscale Ethereum Staking Mini ETF keeps $7.35 as profit after all expenses.
Operating Margin
Core operations generate 8.41 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $9.20 in profit for every $100 of shareholder equity.
ROA
Grayscale Ethereum Staking Mini ETF generates $6.17 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Grayscale Ethereum Staking Mini ETF generates limited operating cash flow of $119.95M, signaling weaker underlying cash strength.
Free Cash Flow
Grayscale Ethereum Staking Mini ETF produces free cash flow of $119.95M, offering steady but limited capital for shareholder returns and expansion.
FCF Per Share
Each share generates $1.39 in free cash annually.
FCF Yield
ETH converts 2.23% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
10.81
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-1.41
vs 25 benchmark
P/B Ratio
Price to book value ratio
1.00
vs 25 benchmark
P/S Ratio
Price to sales ratio
2.67
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.25
vs 25 benchmark
Current Ratio
Current assets to current liabilities
2.30
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.09
vs 25 benchmark
ROA
Return on assets percentage
0.06
vs 25 benchmark
ROCE
Return on capital employed
0.09
vs 25 benchmark
How ETH Stacks Against Its Sector Peers
| Metric | ETH Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 10.81 | 18.86 | Better (Cheaper) |
| ROE | 9.20% | 847.00% | Weak |
| Net Margin | 7.35% | 4202.00% | Weak |
| Debt/Equity | 0.25 | 0.91 | Strong (Low Leverage) |
| Current Ratio | 2.30 | 667.17 | Strong Liquidity |
| ROA | 6.17% | -21543.00% (disorted) | Weak |
ETH outperforms its industry in 3 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Grayscale Ethereum Staking Mini ETF's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
-9.24%
Industry Style: Value, Dividend, Cyclical
DecliningEPS CAGR
160.43%
Industry Style: Value, Dividend, Cyclical
High GrowthFCF CAGR
52.23%
Industry Style: Value, Dividend, Cyclical
High Growth