COINBASE GLOBAL INC -CLASS A (COIN) Stock Fundamental Analysis
USA - NASDAQ:COIN - US19260Q1076 - Common Stock
240.41 USD
+2.25 (+0.94%)
242.12 USD
+1.71 (+0.71%)
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 only an average score on both its financial health and profitability. COIN shows excellent growth, but is valued quite expensive already. These ratings would make COIN suitable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year COIN was profitable.
COIN had a positive operating cash flow in the past year.
Of the past 5 years COIN 4 years were profitable.
Of the past 5 years COIN 4 years had a positive operating cash flow.
1.2 Ratios
COIN's Return On Assets of 10.26% is amongst the best of the industry. COIN outperforms 89.03% of its industry peers.
With an excellent Return On Equity value of 20.08%, COIN belongs to the best of the industry, outperforming 88.61% of the companies in the same industry.
COIN has a Return On Invested Capital of 8.58%. This is amongst the best in the industry. COIN outperforms 83.97% 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
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 has a Operating Margin of 28.28%. This is comparable to the rest of the industry: COIN outperforms 56.54% of its industry peers.
In the last couple of years the Operating Margin of COIN has declined.
COIN has a better Gross Margin (85.42%) than 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
The number of shares outstanding for COIN has been increased compared to 1 year ago.
COIN has more shares outstanding than it did 5 years ago.
COIN has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.67 indicates that COIN is not in any danger for bankruptcy at the moment.
COIN has a better Altman-Z score (3.67) than 80.59% 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 Debt to Equity ratio of 0.37. This is in the better half of the industry: COIN outperforms 68.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.67 |
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.
With a decent Current ratio value of 2.40, COIN is doing good in the industry, outperforming 77.22% of the companies in the same industry.
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.
COIN has a Quick ratio of 2.40. This is in the better half of the industry: COIN outperforms 77.22% 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
Looking at the last year, COIN shows a very strong growth in Revenue. The Revenue has grown by 46.24%.
Measured over the past years, COIN shows a very strong growth in Revenue. The Revenue has been growing by 65.18% on average per year.
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
The Earnings Per Share is expected to grow by 10.78% on average over the next years. This is quite good.
The Revenue is expected to grow by 8.27% on average over the next years. This is quite good.
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
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.
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 28.69, COIN can be considered very expensive at the moment.
Based on the Price/Earnings ratio, COIN is valued a bit more expensive than the industry average as 71.73% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of COIN to the average of the S&P500 Index (25.45), we can say COIN is valued inline with the index average.
The Price/Forward Earnings ratio is 33.17, which means the current valuation is very expensive for COIN.
Based on the Price/Forward Earnings ratio, COIN is valued a bit more expensive than the industry average as 71.31% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 34.46. COIN is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.69 | ||
| Fwd PE | 33.17 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, COIN is valued a bit cheaper than the industry average as 67.93% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 21.61 |
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.
COIN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.92
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 |
240.41
+2.25 (+0.94%)
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 Cap61.77B
Revenue(TTM)7.67B
Net Income(TTM)3.22B
Analysts76.36
Price Target394.01 (63.89%)
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 | 28.69 | ||
| Fwd PE | 33.17 | ||
| P/S | 8.05 | ||
| P/FCF | N/A | ||
| P/OCF | 189.57 | ||
| P/B | 3.86 | ||
| P/tB | 5.83 | ||
| EV/EBITDA | 21.61 |
EPS(TTM)8.38
EY3.49%
EPS(NY)7.25
Fwd EY3.02%
FCF(TTM)-1.31
FCFYN/A
OCF(TTM)1.27
OCFY0.53%
SpS29.86
BVpS62.36
TBVpS41.26
PEG (NY)1.92
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 | 3.67 |
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.