Nakamoto Inc.

Nakamoto Inc.

NAKA·NASDAQ

$4.96

+0.58%
Financial ServicesFinancial - Capital Markets

Kindly MD, Inc., a healthcare and healthcare data company, provides direct health care services to patients integrating prescription medicine and behavioral health services. The company offers specialty outpatient clinical services based on a subscription and fee-for-service basis to augment traditional healthcare. It provides evaluation and management services, including chronic pain, functional medicine, cognitive behavioral therapy, trauma and addiction therapy, recovery support, overdose education, peer support, limited urgent care, preventative medicine, travel, and hormone therapy; and data collection and research, and online and email campaign marketing services, as well as engages in the retail sale of health care products through clinics and online. Kindly MD, Inc. was formerly known as Utah Therapeutic Health Center, LLC and changed its name to Kindly MD, Inc. in March 2022. The company was incorporated in 2019 and is based in Salt Lake City, Utah.

At a Glance

Live Snapshot
Market Cap$4.76B
EPS-0.2600
P/E Ratio-19.08
Earnings Date06/03/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -19.1).

Valuation inputs: P/E -19.1, earnings yield N/A, momentum +0.6%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -10.2%, ROIC -2.9%).

Profitability stack: net margin -28.7%, ROE -10.2%, ROIC -2.9%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +29.6%, momentum +0.6%, net margin -28.7%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

naka

Nakamoto Inc. Market vs Earnings Trajectory

NAKA · NASDAQ

Loading price and EPS data...

Nakamoto Inc.

Nakamoto Inc. Fair Value Envelope

NAKA · NASDAQ

Our analysis suggests that NAKA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $4.96, this represents a potential HIDDEN relative to our calculated worth for Nakamoto Inc..

Intrinsic Value
Current Price: $4.96
3Y-40.0%
5Y-1124.0%
10Y-1124.0%
3Y-52.0%
5Y-27.0%
10Y-27.0%
3Y+1956.0%
5Y-35074.0%
10Y-35074.0%
3Y+16648.0%
5Y-19460.0%
10Y-19460.0%
3Y+157182.0%
5Y-1244923.0%
10Y-1244923.0%
3Y+77050.0%
5Y+163112.0%
10Y+163112.0%
Nakamoto Inc.

Nakamoto Inc. Profit Bridge

NAKA · NASDAQ
Revenue1.82M
Cost of Goods Sold (11.09M)
Gross Profit-9.27M
Operating Expenses (11.86M)
Operating Income-21.13M
Interest Expense (7.06M)
Other Income/Expense-31.10M
Pretax Income-52.23M
Income Tax (0.00)
Net Income-52.23M
Net Income
-52.23M

Profitability Analysis

Gross Margin

-508.8%

Negative gross margin indicates the company is losing money on each sale—unsustainable long-term.

Operating Margin

-1160.1%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-2867.6%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

-508.79%
Gross Profit Margin
-625%
3Y+3137.0%
5Y-1493.0%
10Y-1493.0%
-1160.13%
Operating Profit Margin
843%
3Y+1531.0%
5Y-47464.0%
10Y-47464.0%
-2867.65%
Net Profit Margin
2056%
3Y+4175.0%
5Y-48190.0%
10Y-48190.0%
-10.16%
Return on Equity
-93%
3Y-98.0%
5Y-119.0%
10Y-119.0%
-7.15%
Return on Assets
-93%
3Y-97.0%
5Y-121.0%
10Y-121.0%
-2.92%
Return on Invested Capital
-97%
3Y-99.0%
5Y-118.0%
10Y-118.0%
NAKA

Nakamoto Inc. Cash Conversion Engine

NAKA · NASDAQ
Net Income-52.23M
Depreciation & Amortization241.99K
Stock-Based Compensation2.36M
Change in Working Capital-4.05M
Others30.17M
Capital Expenditures-696.48M
Free Cash Flow-719.99M

Cash Flow Quality Analysis

FCF Conversion Rate

1378.5%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

-2962.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-20616.1%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$4.05M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

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Nakamoto Inc. Funding & Solvency Profile

NAKA · NASDAQ
Cash & Cash Equivalents35.30M
Net Receivables0.00
Inventory0.00
Other Current Assets28.12M
Total Current Assets63 M
Property, Plant & Equipment0.00
Goodwill & Intangible Assets194.68M
Long-Term Investments16.89M
Other Non-Current Assets345.77M
Total Non-Current Assets363 M
Total Assets
620.76M

Financial Health Analysis

Current Ratio

0.25x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

0.69x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

-188280000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

10% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Negative working capital with limited cash reserves requires immediate attention—potential liquidity crisis if not addressed promptly.

naka

Nakamoto Inc. Street Expectations Map

NAKA · NASDAQ

Wall Street analysts project that NAKA stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 8.00, with estimates ranging from a low of 8.00 to a high of 8.00.

Lowest Target
8.00
61.29%
Consensus Target
8.00
61.29%
Highest Target
8.00
61.29%

The consensus 1-year price target stands at 8.00, with estimates ranging from a low of 8.00 to a high of 8.00.

Analyst Consensus Analysis

Upside Potential

+61.3%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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Nakamoto Inc. Insider Positioning

NAKA · NASDAQ

During the last 12 months, insiders have purchased $405K worth of NAKA shares, with no selling activity reported.

3 Months

Bought

73.7K

405.45K

Sold

0

0.00

Net Activity

+405K

+$405K

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
BDF

Bailey David F

Director, 10 Percent Owner, Officer: Chief Executive Officer

73.7K shares2 transactions

$405K

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $405K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

∞:1

Perfect buy/sell ratio. Only buying activity with zero selling—the most bullish possible insider signal.

Recent Trend (3 Months)

$405K

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

High Buying

1 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Unanimous insider buying: Zero selling combined with active buying is rare and typically very bullish. Insiders appear to see significant upside with limited downside risk.

No Dividend Yield Data

NAKA has not reported any dividend yield values in the available annual periods.

 

naka Dividend History

NAKA
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%