BGC vs BTGO

BGC Group, Inc. vs BitGo Holdings, Inc. — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — BGC scores higher on quality with 8.6/10 vs BTGO's 1.8/10. BGC trades at $10.34 while BTGO trades at $5.83. Both analyzed daily using SEC EDGAR data across 13 institutional models.

BGC

Capital Markets
BGC Group, Inc.
Quality
8.6
out of 10
Value Trap
12
SAFE
Price
$10.34
Last close
Models
11/13
Active
VS

BTGO

Capital Markets
BitGo Holdings, Inc.
Quality
1.8
out of 10
Value Trap
Price
$5.83
Last close
Models
9/13
Active
BGC
Quality Score 8.6/10 — top tier
Limited to 2/13 visible models
BTGO
2 models active
Quality 1.8/10 — below average

BGC vs BTGO — Fair Value Comparison

BGC
$0$4$8$12 Price$10.34 Bayesian …$7.24 (-29.9%) Earnings …$2.35 (-77.2%)
BTGO
$0$2$5$7 Price$5.83 Bayesian …$1.52 (-74.0%) First Chi…$0.19 (-97.5%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType BGC Fair ValueBGC Upside BTGO Fair ValueBTGO Upside
Bayesian DCF Intrinsic $7.24 -29.9% $1.52 -74.0%
Earnings Power Value Intrinsic $2.35 -77.2%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $9.48 -8.3% $0.19 -97.5%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

BGC vs BTGO — Which Stock Is More Undervalued in 2026?

BGC scores higher with a 8.6/10 quality rating vs BTGO's 1.8/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do BGC and BTGO Valuations Compare?

At $10.34, BGC trades +29.9% above its Bayesian DCF fair value of $7.24, while BTGO at $5.83 trades +74.0% above its estimate of $1.52. BTGO shows a wider gap between price and intrinsic value.

Quality of Company: BGC vs BTGO

BGC earns a Quality of Company score of 8.6/10 compared to BTGO's 1.8/10. This is a significant quality gap — the higher-scoring company demonstrates materially stronger fundamentals across profitability, growth consistency, and balance sheet health. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: BGC vs BTGO

Review the value trap analysis for both BGC and BTGO to assess whether apparent undervaluation reflects genuine opportunity or hidden fundamental risk.

Both in Capital Markets

Both BGC and BTGO operate in Capital Markets, which has 86 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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