COINBASE GLOBAL INC -CLASS A (COIN) Stock Fundamental Analysis
USA - NASDAQ:COIN - US19260Q1076 - Common Stock
263.95 USD
-20.05 (-7.06%)
261.52 USD
-2.43 (-0.92%)
Overall COIN gets a fundamental rating of 5 out of 10. We evaluated COIN against 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 expensive, but it does show an excellent growth. These ratings could make COIN a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
COIN had positive earnings in the past year.
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
The Return On Assets of COIN (10.26%) is better than 89.03% of its industry peers.
The Return On Equity of COIN (20.08%) is better than 88.61% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.58%, COIN belongs to the top 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
Looking at the Profit Margin, with a value of 41.93%, COIN belongs to the top of the industry, outperforming 86.92% of the companies in the same industry.
In the last couple of years the Profit Margin of COIN has remained more or less at the same level.
The Operating Margin of COIN (28.28%) is comparable to the rest of the industry.
COIN's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 85.42%, COIN belongs to the top of the industry, outperforming 89.87% of the companies in the same industry.
COIN's Gross Margin has been stable in the last couple of years.
| 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
Compared to 1 year ago, COIN has more shares outstanding
Compared to 5 years ago, COIN has more shares outstanding
The debt/assets ratio for COIN has been reduced compared to a year ago.
2.2 Solvency
COIN has an Altman-Z score of 4.13. This indicates that COIN is financially healthy and has little risk of bankruptcy at the moment.
COIN's Altman-Z score of 4.13 is amongst the best of the industry. COIN outperforms 81.43% of its industry peers.
A Debt/Equity ratio of 0.37 indicates that COIN is not too dependend on debt financing.
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 | 4.13 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 2.40 indicates that COIN has no problem at all paying its short term obligations.
The Current ratio of COIN (2.40) is better than 77.22% of its industry peers.
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.
The Quick ratio of COIN (2.40) is better than 77.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.4 | ||
| Quick Ratio | 2.4 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 132.13% over the past year.
COIN shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -14.20% yearly.
Looking at the last year, COIN shows a very strong growth in Revenue. The Revenue has grown by 46.24%.
The Revenue has been growing by 65.18% on average over the past years. This is a very strong growth!
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
Based on estimates for the next years, COIN will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.78% on average per year.
Based on estimates for the next years, COIN will show a quite strong growth in Revenue. The Revenue will grow by 8.27% on average per year.
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 31.50, 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 75.53% of the companies in the same industry.
When comparing the Price/Earnings ratio of COIN to the average of the S&P500 Index (25.56), we can say COIN is valued slightly more expensively.
With a Price/Forward Earnings ratio of 36.41, COIN can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of COIN indicates a slightly more expensive valuation: COIN is more expensive than 71.31% of the companies listed in the same industry.
COIN's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 34.62.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.5 | ||
| Fwd PE | 36.41 |
4.2 Price Multiples
65.40% of the companies in the same industry are more expensive than COIN, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 26.69 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
COIN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.11
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 |
263.95
-20.05 (-7.06%)
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 Cap67.82B
Revenue(TTM)7.67B
Net Income(TTM)3.22B
Analysts76.36
Price Target394.01 (49.27%)
Short Float %6.13%
Short Ratio1.46
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 | 31.5 | ||
| Fwd PE | 36.41 | ||
| P/S | 8.84 | ||
| P/FCF | N/A | ||
| P/OCF | 208.13 | ||
| P/B | 4.23 | ||
| P/tB | 6.4 | ||
| EV/EBITDA | 26.69 |
EPS(TTM)8.38
EY3.17%
EPS(NY)7.25
Fwd EY2.75%
FCF(TTM)-1.31
FCFYN/A
OCF(TTM)1.27
OCFY0.48%
SpS29.86
BVpS62.36
TBVpS41.26
PEG (NY)2.11
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 | 4.13 |
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 1 / 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.