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

NASDAQ:COIN • US19260Q1076

Current stock price

161.14 USD
-12.24 (-7.06%)
At close:
160.69 USD
-0.45 (-0.28%)
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.
  • 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

  • Looking at the Return On Assets, with a value of 4.25%, COIN is in the better half of the industry, outperforming 65.27% of the companies in the same industry.
  • The Return On Equity of COIN (8.52%) is comparable to the rest of the industry.
  • Looking at the Return On Invested Capital, with a value of 5.79%, COIN is in the better half of the industry, outperforming 72.38% 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 comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of COIN has declined.
  • Looking at the Gross Margin, with a value of 85.79%, COIN belongs to the top of the industry, outperforming 89.96% of the companies in the same industry.
  • In the last couple of years the Gross Margin of COIN has remained more or less at the same level.
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.
  • COIN has more shares outstanding than it did 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 2.89. This is not the best score and indicates that COIN is in the grey zone with still only limited risk for bankruptcy at the moment.
  • COIN's Altman-Z score of 2.89 is fine compared to the rest of the industry. COIN outperforms 76.57% 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's Debt to FCF ratio of 4.67 is fine compared to the rest of the industry. COIN outperforms 69.04% of its industry peers.
  • A Debt/Equity ratio of 0.43 indicates that COIN is not too dependend on debt financing.
  • COIN's Debt to Equity ratio of 0.43 is fine compared to the rest of the industry. COIN outperforms 67.78% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF 4.67
Altman-Z 2.89
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 79.08% 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 79.08% 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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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.
  • 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.
  • The Revenue is expected to grow by 8.61% on average over the next years. This is quite good.
EPS Next Y197.05%
EPS Next 2Y117.72%
EPS Next 3Y76.84%
EPS Next 5Y49.87%
Revenue Next Year-1.76%
Revenue Next 2Y6.36%
Revenue Next 3Y7.54%
Revenue Next 5Y8.61%

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 stable.
  • 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

  • With a Price/Earnings ratio of 133.17, 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 79.50% of the companies are valued more cheaply.
  • Compared to an average S&P500 Price/Earnings ratio of 24.88, COIN is valued quite expensively.
  • COIN is valuated quite expensively with a Price/Forward Earnings ratio of 44.83.
  • Based on the Price/Forward Earnings ratio, COIN is valued a bit more expensive than 72.38% of the companies in the same industry.
  • COIN is valuated expensively when we compare the Price/Forward Earnings ratio to 22.19, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 133.17
Fwd PE 44.83
COIN Price Earnings VS Forward Price EarningsCOIN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • 65.27% of the companies in the same industry are more expensive than COIN, based on the Enterprise Value to EBITDA ratio.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as COIN.
Industry RankSector Rank
P/FCF 25.97
EV/EBITDA 23.02
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)0.68
PEG (5Y)2.84
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%

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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 (3/27/2026, 8:09:13 PM)

After market: 160.69 -0.45 (-0.28%)

161.14

-12.24 (-7.06%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-12
Earnings (Next)05-05
Inst Owners68.85%
Inst Owner Change0.96%
Ins Owners1.28%
Ins Owner Change44.97%
Market Cap42.55B
Revenue(TTM)7.18B
Net Income(TTM)1.26B
Analysts76.74
Price Target260.57 (61.7%)
Short Float %10.77%
Short Ratio1.89
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)-24.92%
PT rev (3m)-32.22%
EPS NQ rev (1m)25.77%
EPS NQ rev (3m)-69.9%
EPS NY rev (1m)-44.68%
EPS NY rev (3m)-48.71%
Revenue NQ rev (1m)-0.31%
Revenue NQ rev (3m)-20.38%
Revenue NY rev (1m)-5.86%
Revenue NY rev (3m)-17.52%
Valuation
Industry RankSector Rank
PE 133.17
Fwd PE 44.83
P/S 5.93
P/FCF 25.97
P/OCF 17.54
P/B 2.88
P/tB 4.61
EV/EBITDA 23.02
EPS(TTM)1.21
EY0.75%
EPS(NY)3.59
Fwd EY2.23%
FCF(TTM)6.2
FCFY3.85%
OCF(TTM)9.19
OCFY5.7%
SpS27.19
BVpS56.02
TBVpS34.94
PEG (NY)0.68
PEG (5Y)2.84
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 2.89
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-1.76%
Revenue Next 2Y6.36%
Revenue Next 3Y7.54%
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 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 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 133.17 and the Price/Book (PB) ratio is 2.88.


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.