Logo image of BASE

COUCHBASE INC (BASE) Stock Fundamental Analysis

NASDAQ:BASE - US22207T1016 - Common Stock

24.39 USD
-0.01 (-0.04%)
Last: 8/29/2025, 8:07:41 PM
24.38 USD
-0.01 (-0.04%)
Pre-Market: 9/2/2025, 4:05:40 AM
Fundamental Rating

3

BASE gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 85 industry peers in the IT Services industry. The financial health of BASE is average, but there are quite some concerns on its profitability. BASE is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

1

1. Profitability

1.1 Basic Checks

BASE had negative earnings in the past year.
In the past year BASE has reported a negative cash flow from operations.
BASE had negative earnings in each of the past 5 years.
In the past 5 years BASE always reported negative operating cash flow.
BASE Yearly Net Income VS EBIT VS OCF VS FCFBASE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 2025 -20M -40M -60M -80M

1.2 Ratios

BASE has a worse Return On Assets (-28.89%) than 85.88% of its industry peers.
BASE has a worse Return On Equity (-56.55%) than 80.00% of its industry peers.
Industry RankSector Rank
ROA -28.89%
ROE -56.55%
ROIC N/A
ROA(3y)-29.36%
ROA(5y)-29.56%
ROE(3y)-55.18%
ROE(5y)-105.11%
ROIC(3y)N/A
ROIC(5y)N/A
BASE Yearly ROA, ROE, ROICBASE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 2025 0 500 1K 1.5K

1.3 Margins

BASE's Gross Margin of 87.83% is amongst the best of the industry. BASE outperforms 97.65% of its industry peers.
BASE's Gross Margin has been stable in the last couple of years.
The Profit Margin and Operating Margin are not available for BASE so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 87.83%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0%
GM growth 5Y-0.55%
BASE Yearly Profit, Operating, Gross MarginsBASE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 2025 0 50

More info and screens

6

2. Health

2.1 Basic Checks

BASE does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BASE has more shares outstanding
BASE has more shares outstanding than it did 5 years ago.
There is no outstanding debt for BASE. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
BASE Yearly Shares OutstandingBASE Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M 50M
BASE Yearly Total Debt VS Total AssetsBASE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M

2.2 Solvency

An Altman-Z score of 3.70 indicates that BASE is not in any danger for bankruptcy at the moment.
BASE's Altman-Z score of 3.70 is fine compared to the rest of the industry. BASE outperforms 63.53% of its industry peers.
There is no outstanding debt for BASE. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 3.7
ROIC/WACCN/A
WACC8.99%
BASE Yearly LT Debt VS Equity VS FCFBASE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 2025 0 50M -50M 100M 150M

2.3 Liquidity

BASE has a Current Ratio of 1.87. This is a normal value and indicates that BASE is financially healthy and should not expect problems in meeting its short term obligations.
BASE has a Current ratio (1.87) which is comparable to the rest of the industry.
BASE has a Quick Ratio of 1.87. This is a normal value and indicates that BASE is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.87, BASE perfoms like the industry average, outperforming 57.65% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.87
Quick Ratio 1.87
BASE Yearly Current Assets VS Current LiabilitesBASE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M

More info and screens

6

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 58.54% over the past year.
BASE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.76%.
BASE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.48% yearly.
EPS 1Y (TTM)58.54%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%40%
Revenue 1Y (TTM)12.76%
Revenue growth 3Y19.26%
Revenue growth 5Y20.48%
Sales Q2Q%10.12%

3.2 Future

BASE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 46.58% yearly.
The Revenue is expected to grow by 13.30% on average over the next years. This is quite good.
EPS Next Y28.7%
EPS Next 2Y54.66%
EPS Next 3Y46.58%
EPS Next 5YN/A
Revenue Next Year10.81%
Revenue Next 2Y12.58%
Revenue Next 3Y14.4%
Revenue Next 5Y13.3%

3.3 Evolution

Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
BASE Yearly Revenue VS EstimatesBASE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 100M 200M 300M 400M 500M
BASE Yearly EPS VS EstimatesBASE Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 0 -0.5 -1 -1.5 -2

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

BASE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
BASE is valuated quite expensively with a Price/Forward Earnings ratio of 296.27.
61.18% of the companies in the same industry are cheaper than BASE, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.76, BASE is valued quite expensively.
Industry RankSector Rank
PE N/A
Fwd PE 296.27
BASE Price Earnings VS Forward Price EarningsBASE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 100 -100 200

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
BASE Per share dataBASE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
BASE's earnings are expected to grow with 46.58% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y54.66%
EPS Next 3Y46.58%

More info and screens

0

5. Dividend

5.1 Amount

BASE does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

COUCHBASE INC

NASDAQ:BASE (8/29/2025, 8:07:41 PM)

Premarket: 24.38 -0.01 (-0.04%)

24.39

-0.01 (-0.04%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)06-03 2025-06-03/amc
Earnings (Next)09-03 2025-09-03/amc
Inst Owners86.13%
Inst Owner Change-3.79%
Ins Owners0.83%
Ins Owner Change-1.97%
Market Cap1.34B
Analysts73.33
Price Target23.67 (-2.95%)
Short Float %6.08%
Short Ratio2.76
Dividend
Industry RankSector 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)62.71%
Min EPS beat(2)25.42%
Max EPS beat(2)100%
EPS beat(4)4
Avg EPS beat(4)49.19%
Min EPS beat(4)25.42%
Max EPS beat(4)100%
EPS beat(8)8
Avg EPS beat(8)46.35%
EPS beat(12)12
Avg EPS beat(12)41.8%
EPS beat(16)15
Avg EPS beat(16)33.05%
Revenue beat(2)1
Avg Revenue beat(2)0.47%
Min Revenue beat(2)-0.18%
Max Revenue beat(2)1.12%
Revenue beat(4)1
Avg Revenue beat(4)-0.1%
Min Revenue beat(4)-0.99%
Max Revenue beat(4)1.12%
Revenue beat(8)5
Avg Revenue beat(8)1.74%
Revenue beat(12)9
Avg Revenue beat(12)2.82%
Revenue beat(16)12
Avg Revenue beat(16)2.61%
PT rev (1m)-0.79%
PT rev (3m)13.4%
EPS NQ rev (1m)-2.52%
EPS NQ rev (3m)-41.89%
EPS NY rev (1m)-1.67%
EPS NY rev (3m)-2.46%
Revenue NQ rev (1m)-0.51%
Revenue NQ rev (3m)-2.83%
Revenue NY rev (1m)-0.25%
Revenue NY rev (3m)0.05%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 296.27
P/S 6.23
P/FCF N/A
P/OCF N/A
P/B 10.6
P/tB 10.6
EV/EBITDA N/A
EPS(TTM)-0.17
EYN/A
EPS(NY)0.08
Fwd EY0.34%
FCF(TTM)-0.51
FCFYN/A
OCF(TTM)-0.44
OCFYN/A
SpS3.91
BVpS2.3
TBVpS2.3
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -28.89%
ROE -56.55%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 87.83%
FCFM N/A
ROA(3y)-29.36%
ROA(5y)-29.56%
ROE(3y)-55.18%
ROE(5y)-105.11%
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 3YN/A
PM growth 5YN/A
GM growth 3Y0%
GM growth 5Y-0.55%
F-Score4
Asset Turnover0.87
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 142.26%
Cap/Sales 1.81%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.87
Quick Ratio 1.87
Altman-Z 3.7
F-Score4
WACC8.99%
ROIC/WACCN/A
Cap/Depr(3y)168.33%
Cap/Depr(5y)134.88%
Cap/Sales(3y)2.57%
Cap/Sales(5y)2.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)58.54%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%40%
EPS Next Y28.7%
EPS Next 2Y54.66%
EPS Next 3Y46.58%
EPS Next 5YN/A
Revenue 1Y (TTM)12.76%
Revenue growth 3Y19.26%
Revenue growth 5Y20.48%
Sales Q2Q%10.12%
Revenue Next Year10.81%
Revenue Next 2Y12.58%
Revenue Next 3Y14.4%
Revenue Next 5Y13.3%
EBIT growth 1Y6.46%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year50.46%
EBIT Next 3Y41.37%
EBIT Next 5YN/A
FCF growth 1Y38.88%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y39.21%
OCF growth 3YN/A
OCF growth 5YN/A