COINBASE GLOBAL INC -CLASS A (COIN) Stock Fundamental Analysis
NASDAQ:COIN - Nasdaq - US19260Q1076 - Common Stock - Currency: USD
Overall COIN gets a fundamental rating of 5 out of 10. We evaluated COIN against 232 industry peers in the Capital Markets industry. While COIN has a great health rating, its profitability is only average at the moment. While showing a medium growth rate, COIN is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year COIN was profitable.
COIN had a positive operating cash flow in the past year.
Of the past 5 years COIN 4 years were profitable.
COIN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 6.75%, COIN belongs to the best of the industry, outperforming 80.17% of the companies in the same industry.
COIN has a Return On Equity of 14.01%. This is in the better half of the industry: COIN outperforms 74.57% of its industry peers.
COIN has a Return On Invested Capital of 13.63%. This is amongst the best in the industry. COIN outperforms 86.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.75% | ||
| ROE | 14.01% | ||
| ROIC | 13.63% |
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
The Profit Margin of COIN (21.08%) is better than 60.78% of its industry peers.
COIN's Profit Margin has been stable in the last couple of years.
With a Operating Margin value of 33.06%, COIN perfoms like the industry average, outperforming 56.47% of the companies in the same industry.
In the last couple of years the Operating Margin of COIN has declined.
The Gross Margin of COIN (85.87%) is better than 89.22% 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 | 33.06% | ||
| PM (TTM) | 21.08% | ||
| GM | 85.87% |
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 COIN has been increased compared to 1 year ago.
The number of shares outstanding for COIN has been increased compared to 5 years ago.
The debt/assets ratio for COIN has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.12 indicates that COIN is not in any danger for bankruptcy at the moment.
COIN has a better Altman-Z score (5.12) than 84.91% of its industry peers.
The Debt to FCF ratio of COIN is 2.33, which is a good value as it means it would take COIN, 2.33 years of fcf income to pay off all of its debts.
COIN has a Debt to FCF ratio of 2.33. This is amongst the best in the industry. COIN outperforms 82.33% of its industry peers.
A Debt/Equity ratio of 0.40 indicates that COIN is not too dependend on debt financing.
COIN's Debt to Equity ratio of 0.40 is fine compared to the rest of the industry. COIN outperforms 70.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 2.33 | ||
| Altman-Z | 5.12 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
COIN has a Current Ratio of 2.52. This indicates that COIN is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.52, COIN is in the better half of the industry, outperforming 76.29% of the companies in the same industry.
A Quick Ratio of 2.52 indicates that COIN has no problem at all paying its short term obligations.
COIN has a better Quick ratio (2.52) than 76.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.52 | ||
| Quick Ratio | 2.52 |
3. Growth
3.1 Past
COIN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 99.25%, which is quite impressive.
The earnings per share for COIN have been decreasing by -14.20% on average. This is quite bad
Looking at the last year, COIN shows a very strong growth in Revenue. The Revenue has grown by 75.19%.
The Revenue has been growing by 65.19% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)99.25%
EPS 3Y-14.2%
EPS 5YN/A
EPS Q2Q%-88.84%
Revenue 1Y (TTM)75.19%
Revenue growth 3Y-5.75%
Revenue growth 5Y65.19%
Sales Q2Q%24.23%
3.2 Future
COIN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.46% yearly.
COIN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.69% yearly.
EPS Next Y-23.37%
EPS Next 2Y1.16%
EPS Next 3Y0.25%
EPS Next 5Y6.46%
Revenue Next Year22.06%
Revenue Next 2Y15.37%
Revenue Next 3Y9.51%
Revenue Next 5Y4.69%
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
A Price/Earnings ratio of 48.98 indicates a quite expensive valuation of COIN.
78.02% of the companies in the same industry are cheaper than COIN, based on the Price/Earnings ratio.
COIN is valuated expensively when we compare the Price/Earnings ratio to 26.57, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 35.26, COIN can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, COIN is valued a bit more expensive than 72.84% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of COIN to the average of the S&P500 Index (22.41), we can say COIN is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.98 | ||
| Fwd PE | 35.26 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of COIN indicates a somewhat cheap valuation: COIN is cheaper than 65.95% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of COIN is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.71 | ||
| EV/EBITDA | 25.81 |
4.3 Compensation for Growth
COIN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.16%
EPS Next 3Y0.25%
5. Dividend
5.1 Amount
COIN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
261.57
+18.86 (+7.77%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners57.83%
Inst Owner Change-2.34%
Ins Owners1.87%
Ins Owner Change1.16%
Market Cap66.62B
Analysts74.59
Price Target275.36 (5.27%)
Short Float %6.12%
Short Ratio1.14
Dividend
| Industry Rank | Sector 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)1
Avg EPS beat(2)32.76%
Min EPS beat(2)-88.16%
Max EPS beat(2)153.68%
EPS beat(4)1
Avg EPS beat(4)-13.27%
Min EPS beat(4)-88.16%
Max EPS beat(4)153.68%
EPS beat(8)5
Avg EPS beat(8)1656.87%
EPS beat(12)8
Avg EPS beat(12)1105.04%
EPS beat(16)11
Avg EPS beat(16)751.32%
Revenue beat(2)1
Avg Revenue beat(2)6.78%
Min Revenue beat(2)-5.12%
Max Revenue beat(2)18.69%
Revenue beat(4)2
Avg Revenue beat(4)2.38%
Min Revenue beat(4)-5.84%
Max Revenue beat(4)18.69%
Revenue beat(8)6
Avg Revenue beat(8)6.54%
Revenue beat(12)8
Avg Revenue beat(12)4.67%
Revenue beat(16)10
Avg Revenue beat(16)4.03%
PT rev (1m)0.77%
PT rev (3m)-19.78%
EPS NQ rev (1m)-4.45%
EPS NQ rev (3m)-16.98%
EPS NY rev (1m)0%
EPS NY rev (3m)-11.65%
Revenue NQ rev (1m)-0.81%
Revenue NQ rev (3m)-14.34%
Revenue NY rev (1m)-1.01%
Revenue NY rev (3m)-7.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.98 | ||
| Fwd PE | 35.26 | ||
| P/S | 9.57 | ||
| P/FCF | 36.71 | ||
| P/OCF | 33.95 | ||
| P/B | 6.36 | ||
| P/tB | 7.19 | ||
| EV/EBITDA | 25.81 |
EPS(TTM)5.34
EY2.04%
EPS(NY)7.42
Fwd EY2.84%
FCF(TTM)7.12
FCFY2.72%
OCF(TTM)7.71
OCFY2.95%
SpS27.33
BVpS41.1
TBVpS36.39
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.75% | ||
| ROE | 14.01% | ||
| ROCE | 15.55% | ||
| ROIC | 13.63% | ||
| ROICexc | 29.9% | ||
| ROICexgc | 36.37% | ||
| OM | 33.06% | ||
| PM (TTM) | 21.08% | ||
| GM | 85.87% | ||
| FCFM | 26.07% |
ROA(3y)3.05%
ROA(5y)5.27%
ROE(3y)-7.18%
ROE(5y)7.36%
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 3Y-34.87%
ROICexcg growth 5YN/A
ROICexc growth 3Y-31.98%
ROICexc growth 5YN/A
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%
F-Score6
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 2.33 | ||
| Debt/EBITDA | 1.74 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.67% | ||
| Profit Quality | 123.69% | ||
| Current Ratio | 2.52 | ||
| Quick Ratio | 2.52 | ||
| Altman-Z | 5.12 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)99.25%
EPS 3Y-14.2%
EPS 5YN/A
EPS Q2Q%-88.84%
EPS Next Y-23.37%
EPS Next 2Y1.16%
EPS Next 3Y0.25%
EPS Next 5Y6.46%
Revenue 1Y (TTM)75.19%
Revenue growth 3Y-5.75%
Revenue growth 5Y65.19%
Sales Q2Q%24.23%
Revenue Next Year22.06%
Revenue Next 2Y15.37%
Revenue Next 3Y9.51%
Revenue Next 5Y4.69%
EBIT growth 1Y281.79%
EBIT growth 3Y-11.31%
EBIT growth 5YN/A
EBIT Next Year75.19%
EBIT Next 3Y22.65%
EBIT Next 5Y3.75%
FCF growth 1Y212.36%
FCF growth 3Y-30.62%
FCF growth 5YN/A
OCF growth 1Y290.36%
OCF growth 3Y-38%
OCF growth 5YN/A