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BKKT$10.13-3.52%
Fair $10.13+0.0%

BKKT

Bakkt, Inc.

Technology / Software - InfrastructureNYSE

$10.13

-0.37 (-3.52%)

Fairly Valued+0.0%Fair Value $10.13Fund rank 28/100 · Data gapFallback financials|
SA 33/D
F-Score: 3/9
Low Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 33% · confianza 22%

FCF escenarios

weak_data · normalized FCF $-70.1M · quality 51.3/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 19/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

33/100

D

Piotroski

3/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 6Warnings: 1unknown: 6
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. ROE is -95.1%, below the 5% threshold
Thesis & Journal · BKKTLocal privado en este navegador · Bakkt, Inc.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$453M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-95.1%

↓

Gross Margin

1.1%

↓

Debt/Equity

0.00

↓
52-Week Range$10
$7$50

TradingView lightweight chart

BKKT price, volumen y niveles de valoración

Último $10.13Periodo -96.3%
Fair value: $10.13

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2020–2025 · 5 años de histórico normalizado

Revenue CAGR

+141.4%

FCF CAGR

—

FCF margin

-6.7%

FCF / Net income

1.47x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.34B · net income $-107.2M · FCF $-157.2M

2020-FY → 2025-FY

Gross margin

1.1%— pts

Operating margin

-6.1%+271.6% pts

Net margin

-4.6%+274.8% pts

FCF margin

-6.7%— pts
MetricTTM
2025
2024
2023
2022
2021
2020
Income Statement
Revenue$2.34B$2.34B$3.44B$727.0M$56.2M—$28.5M
Net Income$-107.2M$-107.2M$-46.7M$-74.9M$-578.1M—$-79.6M
EBITDA$-141.1M$-141.1M$-73.2M$-97.0M$-152.0M—$-71.1M
EPS-8.87-8.87-7.97-21.01-203.08——
Gross Margin1.1%1.1%1.1%1.2%97.1%——
Operating Margin-6.1%-6.1%-2.1%-15.3%-315.4%—-277.7%
Net Margin-4.6%-4.6%-1.4%-10.3%-1028.2%—-279.4%
Balance Sheet
Debt/Equity0.000.000.590.560.27——
Current Ratio4.134.13—————
Cash Flow
Free Cash Flow$-157.2M$-157.2M$-24.3M$-70.1M$-148.1M——
Returns
ROE-95.1%-95.1%-137.7%-155.0%-600.5%—272.2%
Valuation
P/B1.091.094.693.390.98——
Growth & Yield
Revenue Growth-32.1%-32.1%373.3%1193.0%———
EPS Growth-11.3%-11.3%62.1%89.7%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -12.4%

Total return

-12.4%

Start / end P/E

n/dx → n/dx

EPS bridge

-7.97 → -8.87

Residual

-12.4%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-12.4%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.