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BNC

BNC

BNB Standard Corporation
$5.73
+12.35% Oct 21 close
Industrials Compare
-74%-51%-28%-5%+17%Oct 2025Oct 2026Apr 2026
BNCSPY
1W
+18.4%
1M
-12.8%
3M
+94.2%
6M
+88.5%
YTD
-10.7%
1Y
-23.5%

Live chart

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What they do

BNB Standard Corporation operates as the digital asset treasury company in the United States and Canada. It operates through two segments: BNB Treasury Management and Retail and Industry. The company builds and manages corporate treasury of BNB to provide institutional-grade exposure to blockchain infrastructure and decentralized finance.

Industrials · Farm & Heavy Construction Machinery

For information only · Important disclosures

Grades vs sector

No sector grades for BNC yet. Grades rank S&P 1500 stocks within their sector and refresh after each daily data run, so a stock outside that index or newly covered has none.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
Outside this model's universe or screens
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
BNB Standard Names Alex Odagiu as CEO
MT Newswires · Oct 19
BNC Stock Snaps Two-Day Slide As CEA Industries Changes Name To BNB Standard
Stocktwits · Sep 29
Top Premarket Gainers
MT Newswires · Sep 18
Top Premarket Gainers
MT Newswires · Sep 14
BC-Most Active Stocks
Associated Press · Sep 08

Key stats

Market value$279.5M
P/E (last 12 months)0.0
P/E (next 12 months, estimated)1.2
52-week range$1.83 – $8.50
Revenue growth (latest quarter vs a year ago)-4.6%
Dividend yieldNo dividend
Valuation and fundamentals

Valuation & fundamentals

Bottom line
No cash-flow valuation
Model read-out from the numbers below, not advice. Score -1 (DCF counts double).
▼Piotroski F-score1/9
▲Altman Z4.7 (safe)

Discounted cash flow

Trailing free cash flow is negative or missing, so a cash-flow DCF isn't meaningful by default. You can enter your own assumptions below.
Reverse DCFfor context, not a signal
Trailing free cash flow is zero or negative, so there's no growth rate to solve for. The price is betting on a turnaround to positive cash flow.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2025-03-31). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 0.49 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs sector

Forward EPS $4.72 vs trailing $404.20 (-99% expected growth). Forward P/E uses analysts' next-12-month estimate.

Backlog (remaining performance obligations)

RPO
$902.0K
as of 2025-10-31
vs a year ago
–
YoY
× TTM revenue
0.27×
coverage
24-06
24-09
24-12
25-03
25-04
25-06
25-07
25-10

Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).

Quality & financial health

Gross margin
-0.8%
Operating margin
-101.2%
FCF margin
-89.0%
Net margin
-100.5%
Return on equity
-1.1%
Return on invested capital
-0.9%
Net debt / EBITDA
–
Current ratio
0.6×
Interest cover
-6.6×
Cash conversion (OCF/NI)
–
Piotroski F-score 1/9 · last two fiscal years
✗ Positive net income✗ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✗ Long-term debt / assets fell✗ Current ratio improved✗ No share dilution✗ Gross margin improved✗ Asset turnover improved

Altman Z-score 4.7 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

No analyst targets available.

Annual history

FYRevenueNet incomeFree cash flow
2024$2.8M$-3.1M$-3.1M
2023$6.9M$-2.9M$-6.1M
2022$11.3M$-5.5M$-3.2M
2021$13.6M$-1.3M$-3.3M
2020$8.5M$-1.8M$808.7K
2019$15.2M$-1.3M$668.8K

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR -41.0%.

Earnings

Next report: 2026-12-11 · during market
No EPS history available.

Quarterly revenue

QuarterRevenueYoY
2026-07-31$7.2M–
2026-01-31$7.3M–
2025-10-31$7.1M–
2025-03-31$713.5K–

Stats refreshed 2026-10-21 13:40:59 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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coteau

Independent research · Not investment advice · Important disclosures · Contact desk@coteau.app

Coteau Systematic Strategies publishes stock research and model portfolios. Results are hypothetical unless marked Live. Data: Yahoo Finance (15-min delayed), SEC EDGAR and the House Clerk.

Beta 0.9 · Oct 21, 2026