COINBASE GLOBAL INC -CLASS A (COIN) Stock Fundamental Analysis
USA - NASDAQ:COIN - US19260Q1076 - Common Stock
317.93 USD
+8.79 (+2.84%)
318.22 USD
+0.29 (+0.09%)
Overall COIN gets a fundamental rating of 5 out of 10. We evaluated COIN against 237 industry peers in the Capital Markets industry. COIN has an average financial health and profitability rating. COIN is valued quite expensive, but it does show an excellent growth. This makes COIN very considerable 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.
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.
1.2 Ratios
COIN's Return On Assets of 10.26% is amongst the best of the industry. COIN outperforms 88.61% of its industry peers.
COIN's Return On Equity of 20.08% is amongst the best of the industry. COIN outperforms 87.34% of its industry peers.
The Return On Invested Capital of COIN (8.58%) is better than 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
With an excellent Profit Margin value of 41.93%, COIN belongs to the best of the industry, outperforming 86.50% 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.
COIN's Operating Margin of 28.28% is in line compared to the rest of the industry. COIN outperforms 54.85% 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 89.87% of its industry peers.
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 4.38. This indicates that COIN is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 4.38, COIN belongs to the best of the industry, outperforming 81.01% of the companies in the same industry.
COIN has a Debt/Equity ratio of 0.37. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of COIN (0.37) is better than 68.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.38 |
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.
Looking at the Current ratio, with a value of 2.40, COIN is in the better half of the industry, outperforming 75.53% 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 75.53% 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.
Measured over the past years, COIN shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -14.20% on average per year.
The Revenue has grown by 46.24% in the past year. This is a very strong growth!
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
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.
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
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
The Price/Earnings ratio is 37.94, which means the current valuation is very expensive for COIN.
Compared to the rest of the industry, the Price/Earnings ratio of COIN indicates a slightly more expensive valuation: COIN is more expensive than 75.95% of the companies listed in the same industry.
COIN's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.28.
Based on the Price/Forward Earnings ratio of 43.86, the valuation of COIN can be described as expensive.
Based on the Price/Forward Earnings ratio, COIN is valued a bit more expensive than the industry average as 72.57% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of COIN to the average of the S&P500 Index (33.61), we can say COIN is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.94 | ||
| Fwd PE | 43.86 |
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 64.14% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 29.48 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of COIN may justify a higher PE ratio.
PEG (NY)2.54
PEG (5Y)N/A
EPS Next 2Y-0.01%
EPS Next 3Y4.08%
5. Dividend
5.1 Amount
COIN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
317.93
+8.79 (+2.84%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners65.19%
Inst Owner Change0.13%
Ins Owners1.84%
Ins Owner Change2.3%
Market Cap81.69B
Revenue(TTM)7.67B
Net Income(TTM)3.22B
Analysts76.36
Price Target394.01 (23.93%)
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)-15.64%
EPS NQ rev (3m)-17.7%
EPS NY rev (1m)0.94%
EPS NY rev (3m)68.2%
Revenue NQ rev (1m)4.18%
Revenue NQ rev (3m)6.91%
Revenue NY rev (1m)1.1%
Revenue NY rev (3m)0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.94 | ||
| Fwd PE | 43.86 | ||
| P/S | 10.65 | ||
| P/FCF | N/A | ||
| P/OCF | 250.7 | ||
| P/B | 5.1 | ||
| P/tB | 7.71 | ||
| EV/EBITDA | 29.48 |
EPS(TTM)8.38
EY2.64%
EPS(NY)7.25
Fwd EY2.28%
FCF(TTM)-1.31
FCFYN/A
OCF(TTM)1.27
OCFY0.4%
SpS29.86
BVpS62.36
TBVpS41.26
PEG (NY)2.54
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 | 4.38 |
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.