COINBASE GLOBAL INC -CLASS A (COIN) Stock Fundamental Analysis
USA - NASDAQ:COIN - US19260Q1076 - Common Stock
238.16 USD
-19.13 (-7.44%)
239 USD
+0.84 (+0.35%)
Taking everything into account, COIN scores 5 out of 10 in our fundamental rating. COIN was compared to 237 industry peers in the Capital Markets industry. Both the profitability and the financial health of COIN get a neutral evaluation. Nothing too spectacular is happening here. COIN is valued quite expensively, but it does show have an excellent growth rating. These ratings would make COIN suitable for growth investing!
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.
Of the past 5 years COIN 4 years were profitable.
COIN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.26%, COIN belongs to the top of the industry, outperforming 89.03% of the companies in the same industry.
Looking at the Return On Equity, with a value of 20.08%, COIN belongs to the top of the industry, outperforming 88.61% of the companies in the same industry.
With an excellent Return On Invested Capital value of 8.58%, COIN belongs to the best of the industry, outperforming 83.97% of the companies in the same industry.
| 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
The Profit Margin of COIN (41.93%) is better than 86.92% 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 56.54% of its industry peers.
COIN's Operating Margin has declined in the last couple of years.
COIN's Gross Margin of 85.42% is amongst the best of the industry. COIN outperforms 89.45% of its industry peers.
In the last couple of years the Gross Margin of COIN has remained more or less at the same level.
| 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.
COIN has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, COIN has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.86 indicates that COIN is not in any danger for bankruptcy at the moment.
COIN has a Altman-Z score of 3.86. This is amongst the best in the industry. COIN outperforms 81.43% 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.
COIN has a better Debt to Equity ratio (0.37) than 68.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.86 |
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 77.22% of its industry peers.
A Quick Ratio of 2.40 indicates that COIN has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.40, COIN is doing good in the industry, outperforming 77.22% of the companies in the same industry.
| 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.
COIN shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -14.20% yearly.
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
COIN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.78% yearly.
COIN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.27% yearly.
EPS Next Y14.96%
EPS Next 2Y-0.01%
EPS Next 3Y4.08%
EPS Next 5Y10.78%
Revenue Next Year22.32%
Revenue Next 2Y18.44%
Revenue Next 3Y14.6%
Revenue Next 5Y8.27%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 28.42, COIN can be considered very expensive at the moment.
COIN's Price/Earnings ratio is a bit more expensive when compared to the industry. COIN is more expensive than 73.42% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.07. COIN is around the same levels.
A Price/Forward Earnings ratio of 32.85 indicates a quite expensive valuation of COIN.
71.31% of the companies in the same industry are cheaper than COIN, based on the Price/Forward Earnings ratio.
COIN is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 34.08, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.42 | ||
| Fwd PE | 32.85 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, COIN is valued a bit cheaper than the industry average as 67.09% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 23.73 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates COIN does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of COIN may justify a higher PE ratio.
PEG (NY)1.9
PEG (5Y)N/A
EPS Next 2Y-0.01%
EPS Next 3Y4.08%
5. Dividend
5.1 Amount
No dividends for COIN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
238.16
-19.13 (-7.44%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners65.19%
Inst Owner Change6.89%
Ins Owners1.84%
Ins Owner Change2.03%
Market Cap61.19B
Revenue(TTM)7.67B
Net Income(TTM)3.22B
Analysts76.36
Price Target394.01 (65.44%)
Short Float %6.3%
Short Ratio1.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)2
Avg EPS beat(2)46.02%
Min EPS beat(2)39.07%
Max EPS beat(2)52.97%
EPS beat(4)3
Avg EPS beat(4)39.39%
Min EPS beat(4)-88.16%
Max EPS beat(4)153.68%
EPS beat(8)5
Avg EPS beat(8)1651.56%
EPS beat(12)9
Avg EPS beat(12)1118.97%
EPS beat(16)11
Avg EPS beat(16)754.15%
Revenue beat(2)1
Avg Revenue beat(2)-3.13%
Min Revenue beat(2)-8.15%
Max Revenue beat(2)1.89%
Revenue beat(4)2
Avg Revenue beat(4)1.83%
Min Revenue beat(4)-8.15%
Max Revenue beat(4)18.69%
Revenue beat(8)5
Avg Revenue beat(8)4.4%
Revenue beat(12)9
Avg Revenue beat(12)5.5%
Revenue beat(16)10
Avg Revenue beat(16)3.33%
PT rev (1m)4.01%
PT rev (3m)5.11%
EPS NQ rev (1m)-15.72%
EPS NQ rev (3m)-14.28%
EPS NY rev (1m)0.94%
EPS NY rev (3m)68.2%
Revenue NQ rev (1m)6.86%
Revenue NQ rev (3m)5.44%
Revenue NY rev (1m)1.1%
Revenue NY rev (3m)0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.42 | ||
| Fwd PE | 32.85 | ||
| P/S | 7.98 | ||
| P/FCF | N/A | ||
| P/OCF | 187.8 | ||
| P/B | 3.82 | ||
| P/tB | 5.77 | ||
| EV/EBITDA | 23.73 |
EPS(TTM)8.38
EY3.52%
EPS(NY)7.25
Fwd EY3.04%
FCF(TTM)-1.31
FCFYN/A
OCF(TTM)1.27
OCFY0.53%
SpS29.86
BVpS62.36
TBVpS41.26
PEG (NY)1.9
PEG (5Y)N/A
Graham Number108.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.26% | ||
| ROE | 20.08% | ||
| ROCE | 9.79% | ||
| ROIC | 8.58% | ||
| ROICexc | 21.87% | ||
| ROICexgc | 58.08% | ||
| OM | 28.28% | ||
| PM (TTM) | 41.93% | ||
| GM | 85.42% | ||
| FCFM | N/A |
ROA(3y)3.05%
ROA(5y)5.27%
ROE(3y)-7.18%
ROE(5y)7.36%
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 3Y-34.86%
ROICexgc growth 5YN/A
ROICexc growth 3Y-31.98%
ROICexc growth 5YN/A
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%
F-Score5
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.56 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 14.05% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.4 | ||
| Quick Ratio | 2.4 | ||
| Altman-Z | 3.86 |
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)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)132.13%
EPS 3Y-14.2%
EPS 5YN/A
EPS Q2Q%435.71%
EPS Next Y14.96%
EPS Next 2Y-0.01%
EPS Next 3Y4.08%
EPS Next 5Y10.78%
Revenue 1Y (TTM)46.24%
Revenue growth 3Y-5.75%
Revenue growth 5Y65.18%
Sales Q2Q%55.05%
Revenue Next Year22.32%
Revenue Next 2Y18.44%
Revenue Next 3Y14.6%
Revenue Next 5Y8.27%
EBIT growth 1Y68.16%
EBIT growth 3Y-11.31%
EBIT growth 5YN/A
EBIT Next Year63.6%
EBIT Next 3Y27.52%
EBIT Next 5Y7.85%
FCF growth 1Y-108.5%
FCF growth 3Y-30.62%
FCF growth 5YN/A
OCF growth 1Y-92.17%
OCF growth 3Y-38%
OCF growth 5YN/A
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.
Can you provide the valuation status for COINBASE GLOBAL INC -CLASS A?
ChartMill assigns a valuation rating of 2 / 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.
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 14.96% in the next year.