Valuation dashboard for Ionic Digital Inc. Class A (IOND) with P/E N/A, P/B 4.85, EV/EBITDA 46.8 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.
Ionic Digital, Inc. engages in the monetization of its digital infrastructure assets. It operates under the Cryptocurrency Mining Business and the Digital Infrastructure Solutions Business. The company was founded in January 2024 and is headquartered in Washington, DC.
Analysis Summary
Trailing-twelve-month margins: gross margin 85.8%, operating margin 44.3%, net margin -48.2%.
At $66.26 (closing price, October 30, 2026), IOND has negative trailing earnings (P/E not meaningful) and an ROE of -9.22%. Market capitalisation stands at $3.0B.
Balance sheet quality for IOND: debt-to-equity ratio of 0.00, current ratio of 24.39 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| Price / Book | 4.85 |
| EV / EBITDA | 46.8 |
| Dividend Yield | 0.00% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| IOND | Ionic Digital Inc. Class A | $3.0B | 4.85 | -9.2% | |
| GLXY | Galaxy Digital | $5.3B | 1.62 | -8.2% | |
| CIFR | Cipher Mining Inc. | $3.0B | 5.31 | -156.3% | |
| MARA | Marathon Digital Holdings, Inc. | $2.6B | 1.56 | -110.4% | |
| BMNR | Bitmine Immersion Technologies, Inc. | $11.5B | 0.96 | -84.6% |
Price
| Price | $66.26 (closing price, October 30, 2026) |
| Market Cap | $3.0B |
| Exchange | NASDAQ |
| Country | US |
Profitability
| Return on Equity | -9.22% |
| Return on Invested Capital | 4.95% |
| Return on Assets | -5.23% |
| Gross Margin | 85.77% |
| Operating Margin | 44.34% |
| Net Margin | -48.25% |
Related companies: GLXY · CIFR · MARA · BMNR
Explore sector: Technology · Software - Services
More sections of IOND: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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