COINBASE GLOBAL INC -CLASS A (1COIN.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1COIN - US19260Q1076 - Common Stock
185.52 EUR
-8.64 (-4.45%)
Overall 1COIN gets a fundamental rating of 5 out of 10. We evaluated 1COIN against 118 industry peers in the Capital Markets industry. While 1COIN belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. 1COIN is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year 1COIN was profitable.
- In the past year 1COIN had a positive cash flow from operations.
- 1COIN had positive earnings in 4 of the past 5 years.
- Of the past 5 years 1COIN 4 years had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 10.26%, 1COIN belongs to the top of the industry, outperforming 89.83% of the companies in the same industry.
- 1COIN has a better Return On Equity (20.08%) than 82.20% of its industry peers.
- 1COIN has a better Return On Invested Capital (8.58%) than 80.51% 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%, 1COIN belongs to the best of the industry, outperforming 86.44% of the companies in the same industry.
- In the last couple of years the Profit Margin of 1COIN has remained more or less at the same level.
- The Operating Margin of 1COIN (28.28%) is better than 65.25% of its industry peers.
- 1COIN's Operating Margin has declined in the last couple of years.
- 1COIN's Gross Margin of 85.42% is amongst the best of the industry. 1COIN outperforms 83.90% of its industry peers.
- 1COIN'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
- The number of shares outstanding for 1COIN has been increased compared to 1 year ago.
- Compared to 5 years ago, 1COIN has more shares outstanding
- 1COIN has a better debt/assets ratio than last year.
2.2 Solvency
- 1COIN has an Altman-Z score of 3.57. This indicates that 1COIN is financially healthy and has little risk of bankruptcy at the moment.
- 1COIN has a better Altman-Z score (3.57) than 84.75% of its industry peers.
- 1COIN has a Debt/Equity ratio of 0.37. This is a healthy value indicating a solid balance between debt and equity.
- 1COIN has a better Debt to Equity ratio (0.37) than 63.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.57 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- 1COIN has a Current Ratio of 2.40. This indicates that 1COIN is financially healthy and has no problem in meeting its short term obligations.
- 1COIN has a Current ratio of 2.40. This is amongst the best in the industry. 1COIN outperforms 83.90% of its industry peers.
- 1COIN has a Quick Ratio of 2.40. This indicates that 1COIN is financially healthy and has no problem in meeting its short term obligations.
- The Quick ratio of 1COIN (2.40) is better than 84.75% 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.
- 1COIN shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -14.20% yearly.
- 1COIN shows a strong growth in Revenue. In the last year, the Revenue has grown by 46.24%.
- Measured over the past years, 1COIN 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
- 1COIN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.65% yearly.
- The Revenue is expected to grow by 7.34% on average over the next years.
EPS Next Y8.23%
EPS Next 2Y-2.86%
EPS Next 3Y3.23%
EPS Next 5Y8.65%
Revenue Next Year20.91%
Revenue Next 2Y17.84%
Revenue Next 3Y15.13%
Revenue Next 5Y7.34%
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 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
- The Price/Earnings ratio is 25.98, which means the current valuation is very expensive for 1COIN.
- 1COIN's Price/Earnings ratio is in line with the industry average.
- 1COIN is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 31.84, which means the current valuation is very expensive for 1COIN.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of 1COIN is on the same level as its industry peers.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.98, 1COIN is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.98 | ||
| Fwd PE | 31.84 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, 1COIN is valued a bit cheaper than 70.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 20.56 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 1COIN does not grow enough to justify the current Price/Earnings ratio.
- 1COIN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.16
PEG (5Y)N/A
EPS Next 2Y-2.86%
EPS Next 3Y3.23%
5. Dividend
5.1 Amount
- No dividends for 1COIN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
COINBASE GLOBAL INC -CLASS A / 1COIN.MI FAQ
What is the fundamental rating for 1COIN stock?
ChartMill assigns a fundamental rating of 5 / 10 to 1COIN.MI.
What is the valuation status of COINBASE GLOBAL INC -CLASS A (1COIN.MI) stock?
ChartMill assigns a valuation rating of 2 / 10 to COINBASE GLOBAL INC -CLASS A (1COIN.MI). This can be considered as Overvalued.
Can you provide the profitability details for COINBASE GLOBAL INC -CLASS A?
COINBASE GLOBAL INC -CLASS A (1COIN.MI) has a profitability rating of 7 / 10.
What is the financial health of COINBASE GLOBAL INC -CLASS A (1COIN.MI) stock?
The financial health rating of COINBASE GLOBAL INC -CLASS A (1COIN.MI) is 6 / 10.
What is the earnings growth outlook for COINBASE GLOBAL INC -CLASS A?
The Earnings per Share (EPS) of COINBASE GLOBAL INC -CLASS A (1COIN.MI) is expected to grow by 8.23% in the next year.