COINBASE GLOBAL INC -CLASS A (COIN) Fundamental Analysis & Valuation

NASDAQ:COIN • US19260Q1076

Current stock price

199.77 USD
+1.84 (+0.93%)
At close:
199.76 USD
-0.01 (-0.01%)
After Hours:

This COIN fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. COIN Profitability Analysis

1.1 Basic Checks

  • In the past year COIN was profitable.
  • COIN had a positive operating cash flow in the past year.
  • 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.
COIN Yearly Net Income VS EBIT VS OCF VS FCFCOIN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B 8B 10B

1.2 Ratios

  • The Return On Assets of COIN (4.25%) is better than 65.00% of its industry peers.
  • COIN has a Return On Equity (8.52%) which is in line with its industry peers.
  • Looking at the Return On Invested Capital, with a value of 5.79%, COIN is in the better half of the industry, outperforming 71.67% of the companies in the same industry.
Industry RankSector Rank
ROA 4.25%
ROE 8.52%
ROIC 5.79%
ROA(3y)5.44%
ROA(5y)5.68%
ROE(3y)11.7%
ROE(5y)7.4%
ROIC(3y)N/A
ROIC(5y)N/A
COIN Yearly ROA, ROE, ROICCOIN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40

1.3 Margins

  • The Profit Margin of COIN (17.55%) is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of COIN has grown nicely.
  • COIN has a Operating Margin (20.28%) which is in line with its industry peers.
  • COIN's Operating Margin has declined in the last couple of years.
  • With an excellent Gross Margin value of 85.79%, COIN belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
  • COIN's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 20.28%
PM (TTM) 17.55%
GM 85.79%
OM growth 3YN/A
OM growth 5Y-9.1%
PM growth 3YN/A
PM growth 5Y11.96%
GM growth 3Y2.24%
GM growth 5Y-0.82%
COIN Yearly Profit, Operating, Gross MarginsCOIN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 2025 0 50 -50

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6

2. COIN Health Analysis

2.1 Basic Checks

  • Compared to 1 year ago, COIN has more shares outstanding
  • Compared to 5 years ago, COIN has more shares outstanding
  • COIN has a worse debt/assets ratio than last year.
COIN Yearly Shares OutstandingCOIN Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
COIN Yearly Total Debt VS Total AssetsCOIN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B

2.2 Solvency

  • An Altman-Z score of 3.28 indicates that COIN is not in any danger for bankruptcy at the moment.
  • COIN has a Altman-Z score of 3.28. This is in the better half of the industry: COIN outperforms 77.92% of its industry peers.
  • The Debt to FCF ratio of COIN is 4.67, which is a neutral value as it means it would take COIN, 4.67 years of fcf income to pay off all of its debts.
  • COIN has a Debt to FCF ratio of 4.67. This is in the better half of the industry: COIN outperforms 69.58% of its industry peers.
  • A Debt/Equity ratio of 0.43 indicates that COIN is not too dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.43, COIN is doing good in the industry, outperforming 67.92% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF 4.67
Altman-Z 3.28
ROIC/WACCN/A
WACCN/A
COIN Yearly LT Debt VS Equity VS FCFCOIN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 2025 0 5B 10B

2.3 Liquidity

  • A Current Ratio of 2.34 indicates that COIN has no problem at all paying its short term obligations.
  • COIN's Current ratio of 2.34 is fine compared to the rest of the industry. COIN outperforms 78.75% of its industry peers.
  • A Quick Ratio of 2.34 indicates that COIN has no problem at all paying its short term obligations.
  • With a decent Quick ratio value of 2.34, COIN is doing good in the industry, outperforming 78.75% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.34
Quick Ratio 2.34
COIN Yearly Current Assets VS Current LiabilitesCOIN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. COIN Growth Analysis

3.1 Past

  • COIN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -83.31%.
  • Measured over the past years, COIN shows a very strong growth in Earnings Per Share. The EPS has been growing by 46.97% on average per year.
  • Looking at the last year, COIN shows a quite strong growth in Revenue. The Revenue has grown by 9.40% in the last year.
  • Measured over the past years, COIN shows a very strong growth in Revenue. The Revenue has been growing by 41.24% on average per year.
EPS 1Y (TTM)-83.31%
EPS 3YN/A
EPS 5Y46.97%
EPS Q2Q%-153.21%
Revenue 1Y (TTM)9.4%
Revenue growth 3Y31%
Revenue growth 5Y41.24%
Sales Q2Q%-21.59%

3.2 Future

  • Based on estimates for the next years, COIN will show a very strong growth in Earnings Per Share. The EPS will grow by 49.87% on average per year.
  • Based on estimates for the next years, COIN will show a quite strong growth in Revenue. The Revenue will grow by 8.61% on average per year.
EPS Next Y179.56%
EPS Next 2Y114.81%
EPS Next 3Y78.36%
EPS Next 5Y49.87%
Revenue Next Year-3.09%
Revenue Next 2Y6.92%
Revenue Next 3Y7.31%
Revenue Next 5Y8.61%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
COIN Yearly Revenue VS EstimatesCOIN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 5B 10B 15B
COIN Yearly EPS VS EstimatesCOIN Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 5 -5 10 -10 15

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3

4. COIN Valuation Analysis

4.1 Price/Earnings Ratio

  • COIN is valuated quite expensively with a Price/Earnings ratio of 165.10.
  • Based on the Price/Earnings ratio, COIN is valued a bit more expensive than 79.58% of the companies in the same industry.
  • COIN's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.42.
  • A Price/Forward Earnings ratio of 59.06 indicates a quite expensive valuation of COIN.
  • Based on the Price/Forward Earnings ratio, COIN is valued a bit more expensive than the industry average as 73.33% of the companies are valued more cheaply.
  • COIN's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 22.24.
Industry RankSector Rank
PE 165.1
Fwd PE 59.06
COIN Price Earnings VS Forward Price EarningsCOIN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

4.2 Price Multiples

  • COIN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. COIN is cheaper than 64.58% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of COIN is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 32.2
EV/EBITDA 28.93
COIN Per share dataCOIN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40 50

4.3 Compensation for Growth

  • COIN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as COIN's earnings are expected to grow with 78.36% in the coming years.
PEG (NY)0.92
PEG (5Y)3.52
EPS Next 2Y114.81%
EPS Next 3Y78.36%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. COIN Dividend Analysis

5.1 Amount

  • No dividends for COIN!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

COIN Fundamentals: All Metrics, Ratios and Statistics

COINBASE GLOBAL INC -CLASS A

NASDAQ:COIN (4/24/2026, 8:00:01 PM)

After market: 199.76 -0.01 (-0.01%)

199.77

+1.84 (+0.93%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-12
Earnings (Next)05-07
Inst Owners68.78%
Inst Owner Change0.01%
Ins Owners1.27%
Ins Owner Change45.29%
Market Cap52.76B
Revenue(TTM)7.18B
Net Income(TTM)1.26B
Analysts76.28
Price Target251.91 (26.1%)
Short Float %10.95%
Short Ratio1.82
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-240.39%
Min EPS beat(2)-519.85%
Max EPS beat(2)39.07%
EPS beat(4)2
Avg EPS beat(4)-128.99%
Min EPS beat(4)-519.85%
Max EPS beat(4)52.97%
EPS beat(8)4
Avg EPS beat(8)-49.51%
EPS beat(12)8
Avg EPS beat(12)1075.2%
EPS beat(16)10
Avg EPS beat(16)716.92%
Revenue beat(2)1
Avg Revenue beat(2)-1.48%
Min Revenue beat(2)-4.85%
Max Revenue beat(2)1.89%
Revenue beat(4)1
Avg Revenue beat(4)-4.06%
Min Revenue beat(4)-8.15%
Max Revenue beat(4)1.89%
Revenue beat(8)4
Avg Revenue beat(8)2.08%
Revenue beat(12)8
Avg Revenue beat(12)4.71%
Revenue beat(16)9
Avg Revenue beat(16)1.4%
PT rev (1m)-2.84%
PT rev (3m)-31.44%
EPS NQ rev (1m)-12.29%
EPS NQ rev (3m)-72.56%
EPS NY rev (1m)-5.89%
EPS NY rev (3m)-50.56%
Revenue NQ rev (1m)-0.98%
Revenue NQ rev (3m)-19.02%
Revenue NY rev (1m)-1.35%
Revenue NY rev (3m)-17.62%
Valuation
Industry RankSector Rank
PE 165.1
Fwd PE 59.06
P/S 7.35
P/FCF 32.2
P/OCF 21.74
P/B 3.57
P/tB 5.72
EV/EBITDA 28.93
EPS(TTM)1.21
EY0.61%
EPS(NY)3.38
Fwd EY1.69%
FCF(TTM)6.2
FCFY3.11%
OCF(TTM)9.19
OCFY4.6%
SpS27.19
BVpS56.02
TBVpS34.94
PEG (NY)0.92
PEG (5Y)3.52
Graham Number39.0522 (-80.45%)
Profitability
Industry RankSector Rank
ROA 4.25%
ROE 8.52%
ROCE 6.94%
ROIC 5.79%
ROICexc 12.63%
ROICexgc 29.13%
OM 20.28%
PM (TTM) 17.55%
GM 85.79%
FCFM 22.82%
ROA(3y)5.44%
ROA(5y)5.68%
ROE(3y)11.7%
ROE(5y)7.4%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-19.66%
ROICexc growth 3YN/A
ROICexc growth 5Y-27.95%
OM growth 3YN/A
OM growth 5Y-9.1%
PM growth 3YN/A
PM growth 5Y11.96%
GM growth 3Y2.24%
GM growth 5Y-0.82%
F-Score5
Asset Turnover0.24
Health
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF 4.67
Debt/EBITDA 3.88
Cap/Depr 418.1%
Cap/Sales 10.97%
Interest Coverage 250
Cash Conversion 147.54%
Profit Quality 130.01%
Current Ratio 2.34
Quick Ratio 2.34
Altman-Z 3.28
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)303.23%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-83.31%
EPS 3YN/A
EPS 5Y46.97%
EPS Q2Q%-153.21%
EPS Next Y179.56%
EPS Next 2Y114.81%
EPS Next 3Y78.36%
EPS Next 5Y49.87%
Revenue 1Y (TTM)9.4%
Revenue growth 3Y31%
Revenue growth 5Y41.24%
Sales Q2Q%-21.59%
Revenue Next Year-3.09%
Revenue Next 2Y6.92%
Revenue Next 3Y7.31%
Revenue Next 5Y8.61%
EBIT growth 1Y-34.86%
EBIT growth 3YN/A
EBIT growth 5Y28.39%
EBIT Next Year48.65%
EBIT Next 3Y28.67%
EBIT Next 5Y4.85%
FCF growth 1Y-35.91%
FCF growth 3YN/A
FCF growth 5Y-7.85%
OCF growth 1Y-5.1%
OCF growth 3YN/A
OCF growth 5Y-4.18%

COINBASE GLOBAL INC -CLASS A / COIN Fundamental Analysis 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 for COIN stock?

ChartMill assigns a valuation rating of 3 / 10 to COINBASE GLOBAL INC -CLASS A (COIN). This can be considered as Overvalued.


Can you provide the profitability details for COINBASE GLOBAL INC -CLASS A?

COINBASE GLOBAL INC -CLASS A (COIN) has a profitability rating of 5 / 10.


How financially healthy is COINBASE GLOBAL INC -CLASS A?

The financial health rating of COINBASE GLOBAL INC -CLASS A (COIN) is 6 / 10.