SharpLink Gaming deploys $170 million ETH treasury on Linea. Are undervalued stocks worth paying attention to?

【Crypto World】SharpLink Gaming recently moved its $170 million Ethereum treasury to the Linea network under Consensys. What do you think of this move? It’s mainly about leveraging native staking, re-staking rewards, and on-chain incentives to create a multi-layered revenue stream.

Looking at stock performance, the past three months have been a bit painful—down 37.88%. But over a longer time horizon, the one-year total shareholder return is actually 38.96%, indicating there are still opportunities amid the volatility.

Here’s an interesting data point: the price-to-book ratio is only 0.6x. What does that mean? The industry average is 5.4x. In other words, compared to competitors, this stock is ridiculously cheap from a valuation perspective.

Using the discounted cash flow (DCF) method, the fair value per share is estimated at $13.61. And what’s the current closing price? $10.02 per share. That’s a gap of nearly $3.59—showing market pricing inefficiency. The data is clear: the stock is indeed undervalued. Whether to buy or not depends on each investor’s risk appetite and investment horizon.