216.95 USD
-6.19 (-2.77%)
216.201 USD
-0.75 (-0.35%)
We assign a fundamental rating of 5 out of 10 to COIN. COIN was compared to 237 industry peers in the Capital Markets industry. COIN has an average financial health and profitability rating. COIN is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- COIN had positive earnings in the past year.
- In the past year COIN had a positive cash flow from operations.
- COIN had positive earnings in 4 of the past 5 years.
- COIN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- COIN has a better Return On Assets (10.26%) than 84.45% of its industry peers.
- Looking at the Return On Equity, with a value of 20.08%, COIN belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
- COIN has a better Return On Invested Capital (8.58%) than 83.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.26% | ||
| ROE | 20.08% | ||
| ROIC | 8.58% |
ROA(3y)3.05%
ROA(5y)5.27%
ROE(3y)-7.18%
ROE(5y)7.36%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- COIN has a Profit Margin of 41.93%. This is amongst the best in the industry. COIN outperforms 86.97% of its industry peers.
- COIN's Profit Margin has been stable in the last couple of years.
- COIN's Operating Margin of 28.28% is in line compared to the rest of the industry. COIN outperforms 56.30% of its industry peers.
- In the last couple of years the Operating Margin of COIN has declined.
- Looking at the Gross Margin, with a value of 85.42%, COIN belongs to the top of the industry, outperforming 89.92% of the companies in the same industry.
- COIN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.28% | ||
| PM (TTM) | 41.93% | ||
| GM | 85.42% |
OM growth 3Y-5.9%
OM growth 5YN/A
PM growth 3Y-1.18%
PM growth 5YN/A
GM growth 3Y0.98%
GM growth 5Y0.4%
2. Health
2.1 Basic Checks
- COIN has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, COIN has more shares outstanding
- The debt/assets ratio for COIN has been reduced compared to a year ago.
2.2 Solvency
- COIN has an Altman-Z score of 3.56. This indicates that COIN is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of COIN (3.56) is better than 79.83% of its industry peers.
- COIN has a Debt/Equity ratio of 0.37. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of COIN (0.37) is better than 68.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.56 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- COIN has a Current Ratio of 2.40. This indicates that COIN is financially healthy and has no problem in meeting its short term obligations.
- The Current ratio of COIN (2.40) is better than 78.15% of its industry peers.
- COIN has a Quick Ratio of 2.40. This indicates that COIN is financially healthy and has no problem in meeting its short term obligations.
- The Quick ratio of COIN (2.40) is better than 78.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.4 | ||
| Quick Ratio | 2.4 |
3. Growth
3.1 Past
- COIN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 132.13%, which is quite impressive.
- The earnings per share for COIN have been decreasing by -14.20% on average. This is quite bad
- COIN shows a strong growth in Revenue. In the last year, the Revenue has grown by 46.24%.
- COIN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 65.18% yearly.
EPS 1Y (TTM)132.13%
EPS 3Y-14.2%
EPS 5YN/A
EPS Q2Q%435.71%
Revenue 1Y (TTM)46.24%
Revenue growth 3Y-5.75%
Revenue growth 5Y65.18%
Sales Q2Q%55.05%
3.2 Future
- Based on estimates for the next years, COIN will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.65% on average per year.
- The Revenue is expected to grow by 7.34% on average over the next years.
EPS Next Y8.23%
EPS Next 2Y-2.86%
EPS Next 3Y3.23%
EPS Next 5Y8.65%
Revenue Next Year20.91%
Revenue Next 2Y17.84%
Revenue Next 3Y15.13%
Revenue Next 5Y7.34%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 25.89 indicates a quite expensive valuation of COIN.
- Compared to the rest of the industry, the Price/Earnings ratio of COIN indicates a slightly more expensive valuation: COIN is more expensive than 69.33% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.21. COIN is around the same levels.
- Based on the Price/Forward Earnings ratio of 31.71, the valuation of COIN can be described as expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of COIN indicates a slightly more expensive valuation: COIN is more expensive than 69.33% of the companies listed in the same industry.
- COIN's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.89 | ||
| Fwd PE | 31.71 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, COIN is valued a bit cheaper than 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 20.45 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The decent profitability rating of COIN may justify a higher PE ratio.
PEG (NY)3.15
PEG (5Y)N/A
EPS Next 2Y-2.86%
EPS Next 3Y3.23%
5. Dividend
5.1 Amount
- No dividends for COIN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
COINBASE GLOBAL INC -CLASS A / COIN FAQ
What is the ChartMill fundamental rating of COINBASE GLOBAL INC -CLASS A (COIN) stock?
ChartMill assigns a fundamental rating of 5 / 10 to COIN.
What is the valuation status of COINBASE GLOBAL INC -CLASS A (COIN) stock?
ChartMill assigns a valuation rating of 1 / 10 to COINBASE GLOBAL INC -CLASS A (COIN). This can be considered as Overvalued.
How profitable is COINBASE GLOBAL INC -CLASS A (COIN) stock?
COINBASE GLOBAL INC -CLASS A (COIN) has a profitability rating of 6 / 10.
What are the PE and PB ratios of COINBASE GLOBAL INC -CLASS A (COIN) stock?
The Price/Earnings (PE) ratio for COINBASE GLOBAL INC -CLASS A (COIN) is 25.89 and the Price/Book (PB) ratio is 3.65.
Can you provide the expected EPS growth for COIN stock?
The Earnings per Share (EPS) of COINBASE GLOBAL INC -CLASS A (COIN) is expected to grow by 8.23% in the next year.