COINBASE GLOBAL INC -CLASS A (COIN) Stock Fundamental Analysis
USA - NASDAQ:COIN - US19260Q1076 - Common Stock
327.91 USD
+0.89 (+0.27%)
327.031 USD
-0.88 (-0.27%)
Overall COIN gets a fundamental rating of 5 out of 10. We evaluated COIN against 237 industry peers in the Capital Markets industry. COIN has an excellent financial health rating, but there are some minor concerns on its profitability. 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.
In the past year COIN had a positive cash flow from operations.
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
The Return On Assets of COIN (12.18%) is better than 92.83% of its industry peers.
COIN's Return On Equity of 23.65% is amongst the best of the industry. COIN outperforms 90.72% of its industry peers.
COIN's Return On Invested Capital of 10.89% is amongst the best of the industry. COIN outperforms 86.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.18% | ||
| ROE | 23.65% | ||
| ROIC | 10.89% |
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
COIN's Profit Margin of 40.81% is amongst the best of the industry. COIN outperforms 84.39% of its industry peers.
In the last couple of years the Profit Margin of COIN has remained more or less at the same level.
COIN has a Operating Margin (27.03%) which is in line with its industry peers.
COIN's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 85.20%, COIN belongs to the top of the industry, outperforming 88.61% of the companies in the same industry.
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 | 27.03% | ||
| PM (TTM) | 40.81% | ||
| GM | 85.2% |
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
Compared to 1 year ago, COIN has more shares outstanding
The number of shares outstanding for COIN has been increased compared to 5 years ago.
Compared to 1 year ago, COIN has an improved debt to assets ratio.
2.2 Solvency
COIN has an Altman-Z score of 5.86. This indicates that COIN is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 5.86, COIN belongs to the best of the industry, outperforming 86.50% of the companies in the same industry.
The Debt to FCF ratio of COIN is 3.15, which is a good value as it means it would take COIN, 3.15 years of fcf income to pay off all of its debts.
COIN's Debt to FCF ratio of 3.15 is fine compared to the rest of the industry. COIN outperforms 78.90% of its industry peers.
A Debt/Equity ratio of 0.25 indicates that COIN is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.25, COIN is in the better half of the industry, outperforming 75.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 3.15 | ||
| Altman-Z | 5.86 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 2.13 indicates that COIN has no problem at all paying its short term obligations.
COIN's Current ratio of 2.13 is fine compared to the rest of the industry. COIN outperforms 73.84% of its industry peers.
A Quick Ratio of 2.13 indicates that COIN has no problem at all paying its short term obligations.
COIN has a better Quick ratio (2.13) than 73.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.13 | ||
| Quick Ratio | 2.13 |
3. Growth
3.1 Past
COIN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 115.66%, which is quite impressive.
COIN shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -14.20% yearly.
The Revenue has grown by 48.63% in the past year. This is a very strong growth!
The Revenue has been growing by 65.18% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)115.66%
EPS 3Y-14.2%
EPS 5YN/A
EPS Q2Q%1300%
Revenue 1Y (TTM)48.63%
Revenue growth 3Y-5.75%
Revenue growth 5Y65.18%
Sales Q2Q%3.28%
3.2 Future
Based on estimates for the next years, COIN will show a small growth in Earnings Per Share. The EPS will grow by 0.27% on average per year.
The Revenue is expected to grow by 6.87% on average over the next years.
EPS Next Y11.12%
EPS Next 2Y1.48%
EPS Next 3Y3.41%
EPS Next 5Y0.27%
Revenue Next Year20.95%
Revenue Next 2Y17.03%
Revenue Next 3Y12.74%
Revenue Next 5Y6.87%
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
With a Price/Earnings ratio of 45.80, COIN can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of COIN indicates a slightly more expensive valuation: COIN is more expensive than 76.37% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.20, COIN is valued quite expensively.
A Price/Forward Earnings ratio of 43.92 indicates a quite expensive valuation of COIN.
Based on the Price/Forward Earnings ratio, COIN is valued a bit more expensive than 72.57% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.71. COIN is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.8 | ||
| Fwd PE | 43.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, COIN is valued a bit cheaper than 62.87% of the companies 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 | 62.49 | ||
| EV/EBITDA | 39.98 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of COIN may justify a higher PE ratio.
PEG (NY)4.12
PEG (5Y)N/A
EPS Next 2Y1.48%
EPS Next 3Y3.41%
5. Dividend
5.1 Amount
COIN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
327.91
+0.89 (+0.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners58.49%
Inst Owner Change17.07%
Ins Owners1.87%
Ins Owner Change1.46%
Market Cap84.25B
Analysts73.81
Price Target377.58 (15.15%)
Short Float %5.64%
Short Ratio1.04
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)-17.59%
Min EPS beat(2)-88.16%
Max EPS beat(2)52.97%
EPS beat(4)2
Avg EPS beat(4)21.3%
Min EPS beat(4)-88.16%
Max EPS beat(4)153.68%
EPS beat(8)5
Avg EPS beat(8)1658.94%
EPS beat(12)9
Avg EPS beat(12)1115.78%
EPS beat(16)11
Avg EPS beat(16)751.8%
Revenue beat(2)0
Avg Revenue beat(2)-6.63%
Min Revenue beat(2)-8.15%
Max Revenue beat(2)-5.12%
Revenue beat(4)1
Avg Revenue beat(4)-0.11%
Min Revenue beat(4)-8.15%
Max Revenue beat(4)18.69%
Revenue beat(8)5
Avg Revenue beat(8)4.31%
Revenue beat(12)8
Avg Revenue beat(12)4.39%
Revenue beat(16)9
Avg Revenue beat(16)2.09%
PT rev (1m)0.73%
PT rev (3m)37.12%
EPS NQ rev (1m)3.63%
EPS NQ rev (3m)-30.8%
EPS NY rev (1m)62.58%
EPS NY rev (3m)45.02%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)-9.22%
Revenue NY rev (1m)-0.25%
Revenue NY rev (3m)-0.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.8 | ||
| Fwd PE | 43.92 | ||
| P/S | 12.02 | ||
| P/FCF | 62.49 | ||
| P/OCF | 46.63 | ||
| P/B | 6.97 | ||
| P/tB | 7.73 | ||
| EV/EBITDA | 39.98 |
EPS(TTM)7.16
EY2.18%
EPS(NY)7.47
Fwd EY2.28%
FCF(TTM)5.25
FCFY1.6%
OCF(TTM)7.03
OCFY2.14%
SpS27.28
BVpS47.07
TBVpS42.42
PEG (NY)4.12
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.18% | ||
| ROE | 23.65% | ||
| ROCE | 12.42% | ||
| ROIC | 10.89% | ||
| ROICexc | 21.54% | ||
| ROICexgc | 25.5% | ||
| OM | 27.03% | ||
| PM (TTM) | 40.81% | ||
| GM | 85.2% | ||
| FCFM | 19.24% |
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-34.86%
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-Score5
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 3.15 | ||
| Debt/EBITDA | 1.47 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 27.01 | ||
| Cash Conversion | 89.23% | ||
| Profit Quality | 47.14% | ||
| Current Ratio | 2.13 | ||
| Quick Ratio | 2.13 | ||
| Altman-Z | 5.86 |
F-Score5
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)115.66%
EPS 3Y-14.2%
EPS 5YN/A
EPS Q2Q%1300%
EPS Next Y11.12%
EPS Next 2Y1.48%
EPS Next 3Y3.41%
EPS Next 5Y0.27%
Revenue 1Y (TTM)48.63%
Revenue growth 3Y-5.75%
Revenue growth 5Y65.18%
Sales Q2Q%3.28%
Revenue Next Year20.95%
Revenue Next 2Y17.03%
Revenue Next 3Y12.74%
Revenue Next 5Y6.87%
EBIT growth 1Y83.01%
EBIT growth 3Y-11.31%
EBIT growth 5YN/A
EBIT Next Year65.26%
EBIT Next 3Y27.98%
EBIT Next 5Y2.8%
FCF growth 1Y-48.12%
FCF growth 3Y-30.62%
FCF growth 5YN/A
OCF growth 1Y-37.53%
OCF growth 3Y-38%
OCF growth 5YN/A