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

NASDAQ:COIN • US19260Q1076

194.51 USD
-4.12 (-2.07%)
Last: Mar 12, 2026, 12:11 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

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

Fundamental Rating

5

COIN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 242 industry peers in the Capital Markets industry. COIN has only an average score on both its financial health and profitability. COIN is valued quite expensively, but it does show have an excellent growth rating. This makes COIN very considerable for growth investing!


Dividend Valuation Growth Profitability Health

5

1. COIN Profitability Analysis

1.1 Basic Checks

  • COIN had positive earnings in the past year.
  • In the past year COIN had a positive cash flow from operations.
  • Of the past 5 years COIN 4 years were profitable.
  • 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

  • COIN has a better Return On Assets (4.25%) than 63.64% of its industry peers.
  • COIN's Return On Equity of 8.52% is in line compared to the rest of the industry. COIN outperforms 51.65% of its industry peers.
  • COIN has a better Return On Invested Capital (5.79%) than 73.14% of its industry peers.
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

  • Looking at the Profit Margin, with a value of 17.55%, COIN is in line with its industry, outperforming 51.65% of the companies in the same industry.
  • COIN's Profit Margin has improved in the last couple of years.
  • COIN has a Operating Margin of 20.28%. This is comparable to the rest of the industry: COIN outperforms 46.28% of its industry peers.
  • In the last couple of years the Operating Margin of COIN has declined.
  • COIN's Gross Margin of 85.79% is amongst the best of the industry. COIN outperforms 90.50% of its industry peers.
  • 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

  • COIN has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for COIN has been increased compared to 5 years ago.
  • 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

  • COIN has an Altman-Z score of 3.29. This indicates that COIN is financially healthy and has little risk of bankruptcy at the moment.
  • With a decent Altman-Z score value of 3.29, COIN is doing good in the industry, outperforming 78.51% of the companies in the same industry.
  • COIN has a debt to FCF ratio of 4.67. This is a neutral value as COIN would need 4.67 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 4.67, COIN is doing good in the industry, outperforming 69.83% of the companies in the same industry.
  • A Debt/Equity ratio of 0.43 indicates that COIN is not too dependend on debt financing.
  • The Debt to Equity ratio of COIN (0.43) is better than 66.53% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF 4.67
Altman-Z 3.29
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.
  • With a decent Current ratio value of 2.34, COIN is doing good in the industry, outperforming 78.51% of the companies in the same industry.
  • COIN has a Quick Ratio of 2.34. This indicates that COIN is financially healthy and has no problem in meeting its short term obligations.
  • COIN has a Quick ratio of 2.34. This is in the better half of the industry: COIN outperforms 78.51% of its industry peers.
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

  • The earnings per share for COIN have decreased strongly by -83.31% in the last year.
  • COIN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 46.97% yearly.
  • The Revenue has grown by 9.40% in the past year. This is quite good.
  • COIN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 41.24% yearly.
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.
  • COIN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.61% yearly.
EPS Next Y197.05%
EPS Next 2Y117.72%
EPS Next 3Y76.84%
EPS Next 5Y49.87%
Revenue Next Year-1.32%
Revenue Next 2Y6.37%
Revenue Next 3Y6.22%
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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Find the best growth stocksShow best growing peers

3

4. COIN Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 160.75, COIN can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Earnings ratio of COIN indicates a slightly more expensive valuation: COIN is more expensive than 78.93% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.15, COIN is valued quite expensively.
  • Based on the Price/Forward Earnings ratio of 54.12, the valuation of COIN can be described as expensive.
  • Based on the Price/Forward Earnings ratio, COIN is valued a bit more expensive than the industry average as 72.73% of the companies are valued more cheaply.
  • When comparing the Price/Forward Earnings ratio of COIN to the average of the S&P500 Index (24.27), we can say COIN is valued expensively.
Industry RankSector Rank
PE 160.75
Fwd PE 54.12
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of COIN indicates a somewhat cheap valuation: COIN is cheaper than 64.46% of the companies listed in the same industry.
  • COIN's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 31.35
EV/EBITDA 29.04
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

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • COIN's earnings are expected to grow with 76.84% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.82
PEG (5Y)3.42
EPS Next 2Y117.72%
EPS Next 3Y76.84%

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%

More info and screens

Find the best dividend stocksShow peers with best dividend

COIN Fundamentals: All Metrics, Ratios and Statistics

COINBASE GLOBAL INC -CLASS A

NASDAQ:COIN (3/12/2026, 12:11:10 PM)

194.51

-4.12 (-2.07%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-12
Earnings (Next)05-05
Inst Owners68.85%
Inst Owner Change0.92%
Ins Owners1.28%
Ins Owner Change45.03%
Market Cap51.37B
Revenue(TTM)7.18B
Net Income(TTM)1.26B
Analysts76.74
Price Target259.28 (33.3%)
Short Float %11.77%
Short Ratio2.34
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)-25.29%
PT rev (3m)-33.43%
EPS NQ rev (1m)-67.02%
EPS NQ rev (3m)-65.89%
EPS NY rev (1m)-44.68%
EPS NY rev (3m)-47.93%
Revenue NQ rev (1m)-17.81%
Revenue NQ rev (3m)-20.14%
Revenue NY rev (1m)-14.83%
Revenue NY rev (3m)-17.25%
Valuation
Industry RankSector Rank
PE 160.75
Fwd PE 54.12
P/S 7.15
P/FCF 31.35
P/OCF 21.17
P/B 3.47
P/tB 5.57
EV/EBITDA 29.04
EPS(TTM)1.21
EY0.62%
EPS(NY)3.59
Fwd EY1.85%
FCF(TTM)6.2
FCFY3.19%
OCF(TTM)9.19
OCFY4.72%
SpS27.19
BVpS56.02
TBVpS34.94
PEG (NY)0.82
PEG (5Y)3.42
Graham Number39.05
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 3.29
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 Y197.05%
EPS Next 2Y117.72%
EPS Next 3Y76.84%
EPS Next 5Y49.87%
Revenue 1Y (TTM)9.4%
Revenue growth 3Y31%
Revenue growth 5Y41.24%
Sales Q2Q%-21.59%
Revenue Next Year-1.32%
Revenue Next 2Y6.37%
Revenue Next 3Y6.22%
Revenue Next 5Y8.61%
EBIT growth 1Y-34.86%
EBIT growth 3YN/A
EBIT growth 5Y28.39%
EBIT Next Year53.39%
EBIT Next 3Y29.75%
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 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 3 / 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 5 / 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 160.75 and the Price/Book (PB) ratio is 3.47.


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 197.05% in the next year.