COUCHBASE INC (BASE)
US22207T1016 - Common Stock
We assign a fundamental rating of 4 out of 10 to BASE. BASE was compared to 86 industry peers in the IT Services industry. No worries on liquidiy or solvency for BASE as it has an excellent financial health rating, but there are worries on the profitability. BASE is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BASE has reported negative net income.
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.
1.2 Ratios
With a Return On Assets value of -32.37%, BASE is not doing good in the industry: 85.71% of the companies in the same industry are doing better.
BASE has a worse Return On Equity (-61.48%) than 70.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -32.37% | ||
| ROE | -61.48% | ||
| ROIC | N/A |
ROA(3y)-27.17%
ROA(5y)-32.49%
ROE(3y)-46.8%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BASE's Gross Margin of 87.73% is amongst the best of the industry. BASE outperforms 98.81% of its industry peers.
In the last couple of years the Gross Margin of BASE has remained more or less at the same level.
BASE does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 87.73% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.39%
GM growth 5YN/A
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 no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 4.32 indicates that BASE is not in any danger for bankruptcy at the moment.
BASE has a Altman-Z score of 4.32. This is in the better half of the industry: BASE outperforms 71.43% of its industry peers.
BASE has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.32 |
ROIC/WACCN/A
WACC10.53%
2.3 Liquidity
A Current Ratio of 1.99 indicates that BASE should not have too much problems paying its short term obligations.
BASE has a Current ratio of 1.99. This is in the better half of the industry: BASE outperforms 64.29% of its industry peers.
A Quick Ratio of 1.99 indicates that BASE should not have too much problems paying its short term obligations.
The Quick ratio of BASE (1.99) is better than 65.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.99 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 36.26% over the past year.
BASE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.29%.
Measured over the past years, BASE shows a very strong growth in Revenue. The Revenue has been growing by 20.34% on average per year.
EPS 1Y (TTM)36.26%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q66.67%
Revenue 1Y (TTM)16.29%
Revenue growth 3Y20.34%
Revenue growth 5YN/A
Revenue growth Q2Q20.35%
3.2 Future
Based on estimates for the next years, BASE will show a very strong growth in Earnings Per Share. The EPS will grow by 30.62% on average per year.
BASE is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 18.52% yearly.
EPS Next Y23.21%
EPS Next 2Y29.79%
EPS Next 3Y30.62%
EPS Next 5YN/A
Revenue Next Year16.44%
Revenue Next 2Y16.89%
Revenue Next 3Y16.91%
Revenue Next 5Y18.52%
3.3 Evolution
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for BASE. In the last year negative earnings were reported.
Also next year BASE is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as BASE's earnings are expected to grow with 30.62% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y29.79%
EPS Next 3Y30.62%
5. Dividend
5.1 Amount
No dividends for BASE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
COUCHBASE INC
NASDAQ:BASE (5/16/2024, 7:00:00 PM)
After market: 26.52 0 (0%)26.52
-0.3 (-1.12%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.33B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -32.37% | ||
| ROE | -61.48% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 87.73% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.99 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)36.26%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y23.21%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)16.29%
Revenue growth 3Y20.34%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y