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

NASDAQ:COIN • US19260Q1076

Current stock price

187.77 USD
+6.04 (+3.32%)
At close:
187.65 USD
-0.12 (-0.06%)
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

  • COIN had positive earnings in the past year.
  • In the past year COIN had a positive cash flow from operations.
  • 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

  • With a decent Return On Assets value of 4.25%, COIN is doing good in the industry, outperforming 64.85% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 8.52%, COIN is in line with its industry, outperforming 52.72% of the companies in the same industry.
  • COIN has a Return On Invested Capital of 5.79%. This is in the better half of the industry: COIN outperforms 68.62% 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

  • COIN's Profit Margin of 17.55% is in line compared to the rest of the industry. COIN outperforms 51.05% of its industry peers.
  • COIN's Profit Margin has improved in the last couple of years.
  • The Operating Margin of COIN (20.28%) is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of COIN has declined.
  • COIN has a Gross Margin of 85.79%. This is amongst the best in the industry. COIN outperforms 89.96% 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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. COIN Health Analysis

2.1 Basic Checks

  • Compared to 1 year ago, COIN has more shares outstanding
  • COIN has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for COIN is higher compared to a year ago.
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 3.11 indicates that COIN is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of COIN (3.11) is better than 77.41% of its industry peers.
  • 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.
  • Looking at the Debt to FCF ratio, with a value of 4.67, COIN is in the better half of the industry, outperforming 69.46% of the companies in the same industry.
  • COIN has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
  • COIN has a Debt to Equity ratio of 0.43. This is in the better half of the industry: COIN outperforms 67.78% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF 4.67
Altman-Z 3.11
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

  • COIN has a Current Ratio of 2.34. This indicates that COIN is financially healthy and has no problem in meeting its short term obligations.
  • COIN has a Current ratio of 2.34. This is in the better half of the industry: COIN outperforms 78.66% of its industry peers.
  • 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.
  • Looking at the Quick ratio, with a value of 2.34, COIN is in the better half of the industry, outperforming 78.66% 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

More info and screens

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

6

3. COIN Growth Analysis

3.1 Past

  • The earnings per share for COIN have decreased strongly by -83.31% in the last year.
  • The Earnings Per Share has been growing by 46.97% on average over the past years. This is a very strong growth
  • COIN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.40%.
  • The Revenue has been growing by 41.24% on average over the past years. This is a very strong growth!
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

  • The Earnings Per Share is expected to grow by 34.54% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, COIN will show a small growth in Revenue. The Revenue will grow by 2.48% on average per year.
EPS Next Y179.56%
EPS Next 2Y114.81%
EPS Next 3Y78.36%
EPS Next 5Y34.54%
Revenue Next Year-3.09%
Revenue Next 2Y6.92%
Revenue Next 3Y7.31%
Revenue Next 5Y2.48%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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

More info and screens

Find the best growth stocksShow best growing peers

3

4. COIN Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 155.18 indicates a quite expensive valuation of COIN.
  • Based on the Price/Earnings ratio, COIN is valued a bit more expensive than 79.08% of the companies in the same industry.
  • COIN is valuated expensively when we compare the Price/Earnings ratio to 26.77, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 55.51, the valuation of COIN can be described as expensive.
  • Based on the Price/Forward Earnings ratio, COIN is valued a bit more expensive than 73.22% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of COIN to the average of the S&P500 Index (21.75), we can say COIN is valued expensively.
Industry RankSector Rank
PE 155.18
Fwd PE 55.51
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 60.67% of the companies listed in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as COIN.
Industry RankSector Rank
P/FCF 30.26
EV/EBITDA 26.32
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.
  • A more expensive valuation may be justified as COIN's earnings are expected to grow with 78.36% in the coming years.
PEG (NY)0.86
PEG (5Y)3.3
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

  • COIN does not give a dividend.
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 (4/30/2026, 6:54:03 PM)

After market: 187.65 -0.12 (-0.06%)

187.77

+6.04 (+3.32%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Industry Strength16.77
Industry Growth57.14
Earnings (Last)02-12
Earnings (Next)05-07
Inst Owners68.78%
Inst Owner Change-0.03%
Ins Owners1.27%
Ins Owner Change44.89%
Market Cap49.59B
Revenue(TTM)7.18B
Net Income(TTM)1.26B
Analysts76.28
Price Target251.91 (34.16%)
Short Float %11.46%
Short Ratio2.05
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)-14.98%
EPS NQ rev (3m)-73.41%
EPS NY rev (1m)-5.89%
EPS NY rev (3m)-50.56%
Revenue NQ rev (1m)-1.16%
Revenue NQ rev (3m)-19.02%
Revenue NY rev (1m)-1.35%
Revenue NY rev (3m)-16.87%
Valuation
Industry RankSector Rank
PE 155.18
Fwd PE 55.51
P/S 6.9
P/FCF 30.26
P/OCF 20.44
P/B 3.35
P/tB 5.37
EV/EBITDA 26.32
EPS(TTM)1.21
EY0.64%
EPS(NY)3.38
Fwd EY1.8%
FCF(TTM)6.2
FCFY3.3%
OCF(TTM)9.19
OCFY4.89%
SpS27.19
BVpS56.02
TBVpS34.94
PEG (NY)0.86
PEG (5Y)3.3
Graham Number39.0522 (-79.2%)
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 3.11
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 5Y34.54%
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 5Y2.48%
EBIT growth 1Y-34.86%
EBIT growth 3YN/A
EBIT growth 5Y28.39%
EBIT Next Year48.65%
EBIT Next 3Y28.67%
EBIT Next 5Y3.37%
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.