Logo image of BASE

COUCHBASE INC (BASE) Stock Fundamental Analysis

NASDAQ:BASE - Nasdaq - US22207T1016 - Common Stock - Currency: USD

24.24  -0.02 (-0.08%)

After market: 24.2 -0.04 (-0.17%)

Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to BASE. BASE was compared to 82 industry peers in the IT Services industry. BASE scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. While showing a medium growth rate, BASE is valued expensive at the moment.


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.
In the past 5 years BASE always reported negative net income.
BASE had a negative operating cash flow in each of the past 5 years.
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 86.59% of its industry peers.
Looking at the Return On Equity, with a value of -56.55%, BASE is doing worse than 78.05% of the companies in the same industry.
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

With an excellent Gross Margin value of 87.83%, BASE belongs to the best of the industry, outperforming 97.56% of the companies in the same industry.
BASE's Gross Margin has been stable in the last couple of years.
BASE does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
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.
BASE has more shares outstanding than it did 1 year ago.
The number of shares outstanding for BASE has been increased compared to 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 3.66 indicates that BASE is not in any danger for bankruptcy at the moment.
BASE's Altman-Z score of 3.66 is in line compared to the rest of the industry. BASE outperforms 58.54% 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 3.66
ROIC/WACCN/A
WACC9.4%
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's Current ratio of 1.87 is in line compared to the rest of the industry. BASE outperforms 59.76% of its industry peers.
A Quick Ratio of 1.87 indicates that BASE should not have too much problems paying its short term obligations.
BASE has a Quick ratio of 1.87. This is in the better half of the industry: BASE outperforms 62.20% of its industry peers.
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

BASE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 58.54%, which is quite impressive.
The Revenue has grown by 12.76% in the past year. This is quite good.
The Revenue has been growing by 20.48% on average over the past years. This is a very strong growth!
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.
BASE is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.30% yearly.
EPS Next Y29.87%
EPS Next 2Y54.7%
EPS Next 3Y46.58%
EPS Next 5YN/A
Revenue Next Year11.08%
Revenue Next 2Y12.5%
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.
The Price/Forward Earnings ratio is 293.61, which means the current valuation is very expensive for BASE.
60.98% 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 36.52, BASE is valued quite expensively.
Industry RankSector Rank
PE N/A
Fwd PE 293.61
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 2Y54.7%
EPS Next 3Y46.58%

More info and screens

0

5. Dividend

5.1 Amount

No dividends for BASE!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

COUCHBASE INC

NASDAQ:BASE (7/17/2025, 8:04:26 PM)

After market: 24.2 -0.04 (-0.17%)

24.24

-0.02 (-0.08%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)06-03 2025-06-03/amc
Earnings (Next)09-02 2025-09-02/amc
Inst Owners87.84%
Inst Owner Change0%
Ins Owners1.14%
Ins Owner Change5.63%
Market Cap1.33B
Analysts74.55
Price Target21.99 (-9.28%)
Short Float %5.92%
Short Ratio2.58
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)5.35%
PT rev (3m)-0.04%
EPS NQ rev (1m)-2.9%
EPS NQ rev (3m)-37.92%
EPS NY rev (1m)-0.77%
EPS NY rev (3m)-0.61%
Revenue NQ rev (1m)0.15%
Revenue NQ rev (3m)-2.37%
Revenue NY rev (1m)0.29%
Revenue NY rev (3m)0.2%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 293.61
P/S 6.19
P/FCF N/A
P/OCF N/A
P/B 10.54
P/tB 10.54
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 3.66
F-Score4
WACC9.4%
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 Y29.87%
EPS Next 2Y54.7%
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 Year11.08%
Revenue Next 2Y12.5%
Revenue Next 3Y14.4%
Revenue Next 5Y13.3%
EBIT growth 1Y6.46%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year57.4%
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