COINBASE GLOBAL INC -CLASS A (COIN)
US19260Q1076 - Common Stock
COIN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 220 industry peers in the Capital Markets industry. COIN has an average financial health and profitability rating. COIN is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
In the past year COIN was profitable.
In the past year COIN had a positive cash flow from operations.
In multiple years COIN reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: COIN reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.54%, COIN is doing worse than 74.19% of the companies in the same industry.
COIN has a Return On Equity of 17.89%. This is amongst the best in the industry. COIN outperforms 83.41% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.86%, COIN is in the better half of the industry, outperforming 78.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.54% | ||
| ROE | 17.89% | ||
| ROIC | 7.86% |
ROA(3y)4.04%
ROA(5y)2.6%
ROE(3y)1.13%
ROE(5y)1.77%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
COIN has a better Profit Margin (29.76%) than 71.43% of its industry peers.
COIN's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 24.59%, COIN perfoms like the industry average, outperforming 44.70% of the companies in the same industry.
COIN has a Gross Margin of 86.54%. This is amongst the best in the industry. COIN outperforms 88.94% 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 | 24.59% | ||
| PM (TTM) | 29.76% | ||
| GM | 86.54% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-32.63%
PM growth 5YN/A
GM growth 3Y-1.1%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The number of shares outstanding for COIN has been increased compared to 1 year ago.
Compared to 1 year ago, COIN has an improved debt to assets ratio.
2.2 Solvency
COIN has an Altman-Z score of 0.23. This is a bad value and indicates that COIN is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.23, COIN is doing worse than 74.65% of the companies in the same industry.
COIN has a debt to FCF ratio of 2.93. This is a good value and a sign of high solvency as COIN would need 2.93 years to pay back of all of its debts.
COIN has a Debt to FCF ratio of 2.93. This is in the better half of the industry: COIN outperforms 77.88% of its industry peers.
COIN has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.48, COIN is doing good in the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 2.93 | ||
| Altman-Z | 0.23 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
COIN has a Current Ratio of 1.03. This is a normal value and indicates that COIN is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of COIN (1.03) is comparable to the rest of the industry.
A Quick Ratio of 1.03 indicates that COIN should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.03, COIN is in line with its industry, outperforming 46.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
COIN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 209.06%, which is quite impressive.
COIN shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -16.48% yearly.
Looking at the last year, COIN shows a very strong growth in Revenue. The Revenue has grown by 88.47%.
COIN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 34.50% yearly.
EPS 1Y (TTM)209.06%
EPS 3Y-16.48%
EPS 5YN/A
EPS Q2Q%2900%
Revenue 1Y (TTM)88.47%
Revenue growth 3Y34.5%
Revenue growth 5YN/A
Sales Q2Q%78.77%
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 106.71% on average per year.
The Revenue is expected to grow by 13.54% on average over the next years. This is quite good.
EPS Next Y2784.17%
EPS Next 2Y351.52%
EPS Next 3Y154.66%
EPS Next 5Y106.71%
Revenue Next Year86.42%
Revenue Next 2Y38.53%
Revenue Next 3Y23.35%
Revenue Next 5Y13.54%
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.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 77.20 indicates a quite expensive valuation of COIN.
82.03% of the companies in the same industry are cheaper than COIN, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.73, COIN is valued quite expensively.
A Price/Forward Earnings ratio of 71.95 indicates a quite expensive valuation of COIN.
Based on the Price/Forward Earnings ratio, COIN is valued a bit more expensive than 77.88% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.83, COIN is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 77.2 | ||
| Fwd PE | 71.95 |
4.2 Price Multiples
COIN's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as COIN.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.38 | ||
| EV/EBITDA | 46.02 |
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 154.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2Y351.52%
EPS Next 3Y154.66%
5. Dividend
5.1 Amount
COIN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
COINBASE GLOBAL INC -CLASS A
NASDAQ:COIN (12/20/2024, 8:03:34 PM)
After market: 281.55 +2.84 (+1.02%)278.71
+4.79 (+1.75%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners55.76%
Inst Owner Change-1.96%
Ins Owners2.06%
Ins Owner Change-7.76%
Market Cap69.78B
Analysts75
Price Target281.79 (1.11%)
Short Float %4.93%
Short Ratio0.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-59.29%
Min EPS beat(2)-85.3%
Max EPS beat(2)-33.29%
EPS beat(4)2
Avg EPS beat(4)3263.72%
Min EPS beat(4)-85.3%
Max EPS beat(4)13088.6%
EPS beat(8)6
Avg EPS beat(8)1658.76%
EPS beat(12)8
Avg EPS beat(12)992.4%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-2.02%
Min Revenue beat(2)-5.84%
Max Revenue beat(2)1.8%
Revenue beat(4)3
Avg Revenue beat(4)6.97%
Min Revenue beat(4)-5.84%
Max Revenue beat(4)18.24%
Revenue beat(8)7
Avg Revenue beat(8)7.33%
Revenue beat(12)8
Avg Revenue beat(12)3.83%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)9.87%
PT rev (3m)5.39%
EPS NQ rev (1m)32.66%
EPS NQ rev (3m)-49.1%
EPS NY rev (1m)2.87%
EPS NY rev (3m)-6.79%
Revenue NQ rev (1m)3.83%
Revenue NQ rev (3m)-16.06%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)-4.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 77.2 | ||
| Fwd PE | 71.95 | ||
| P/S | 13.3 | ||
| P/FCF | 48.38 | ||
| P/OCF | 43.96 | ||
| P/B | 7.99 | ||
| P/tB | 9.26 | ||
| EV/EBITDA | 46.02 |
EPS(TTM)3.61
EY1.3%
EPS(NY)3.87
Fwd EY1.39%
FCF(TTM)5.76
FCFY2.07%
OCF(TTM)6.34
OCFY2.27%
SpS20.96
BVpS34.86
TBVpS30.1
PEG (NY)0.03
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.54% | ||
| ROE | 17.89% | ||
| ROCE | 9.95% | ||
| ROIC | 7.86% | ||
| ROICexc | 19.43% | ||
| ROICexgc | 25.14% | ||
| OM | 24.59% | ||
| PM (TTM) | 29.76% | ||
| GM | 86.54% | ||
| FCFM | 27.49% |
ROA(3y)4.04%
ROA(5y)2.6%
ROE(3y)1.13%
ROE(5y)1.77%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-32.63%
PM growth 5YN/A
GM growth 3Y-1.1%
GM growth 5YN/A
F-Score6
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 2.93 | ||
| Debt/EBITDA | 2.99 | ||
| Cap/Depr | 116.66% | ||
| Cap/Sales | 2.76% | ||
| Interest Coverage | 19.38 | ||
| Cash Conversion | 112.23% | ||
| Profit Quality | 92.38% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 0.23 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)1970.41%
Cap/Depr(5y)1952.87%
Cap/Sales(3y)30.68%
Cap/Sales(5y)40.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)209.06%
EPS 3Y-16.48%
EPS 5YN/A
EPS Q2Q%2900%
EPS Next Y2784.17%
EPS Next 2Y351.52%
EPS Next 3Y154.66%
EPS Next 5Y106.71%
Revenue 1Y (TTM)88.47%
Revenue growth 3Y34.5%
Revenue growth 5YN/A
Sales Q2Q%78.77%
Revenue Next Year86.42%
Revenue Next 2Y38.53%
Revenue Next 3Y23.35%
Revenue Next 5Y13.54%
EBIT growth 1Y302.25%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1038.65%
EBIT Next 3Y117.27%
EBIT Next 5Y33.49%
FCF growth 1Y130.46%
FCF growth 3Y-36.03%
FCF growth 5YN/A
OCF growth 1Y187.02%
OCF growth 3Y-32.52%
OCF growth 5YN/A