COINBASE GLOBAL INC -CLASS A (COIN) Stock Fundamental Analysis
NASDAQ:COIN - Nasdaq - US19260Q1076 - Common Stock - Currency: USD
Taking everything into account, COIN scores 6 out of 10 in our fundamental rating. COIN was compared to 230 industry peers in the Capital Markets industry. While COIN has a great health rating, its profitability is only average at the moment. COIN is valued quite expensively, but it does show have an excellent growth rating. This makes COIN very considerable for growth investing!
1. Profitability
1.1 Basic Checks
COIN had positive earnings in the past year.
COIN had a positive operating cash flow in the past year.
COIN had positive earnings in 4 of the past 5 years.
Of the past 5 years COIN 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of COIN (6.75%) is better than 83.48% of its industry peers.
Looking at the Return On Equity, with a value of 14.01%, COIN is in the better half of the industry, outperforming 74.78% of the companies in the same industry.
With an excellent Return On Invested Capital value of 13.63%, COIN belongs to the best of the industry, outperforming 88.26% of the companies in the same industry.
| 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
COIN's Profit Margin of 21.08% is in line compared to the rest of the industry. COIN outperforms 59.57% of its industry peers.
In the last couple of years the Profit Margin of COIN has remained more or less at the same level.
The Operating Margin of COIN (33.06%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of COIN has declined.
With an excellent Gross Margin value of 85.87%, COIN belongs to the best of the industry, outperforming 89.57% of the companies in the same industry.
COIN's Gross Margin has been stable in the last couple of years.
| 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
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.
COIN has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.15 indicates that COIN is not in any danger for bankruptcy at the moment.
COIN has a better Altman-Z score (5.15) than 87.39% of its industry peers.
COIN has a debt to FCF ratio of 2.33. This is a good value and a sign of high solvency as COIN would need 2.33 years to pay back of all of its debts.
COIN has a Debt to FCF ratio of 2.33. This is amongst the best in the industry. COIN outperforms 80.87% of its industry peers.
A Debt/Equity ratio of 0.40 indicates that COIN is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.40, COIN is doing good in the industry, outperforming 72.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 2.33 | ||
| Altman-Z | 5.15 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 2.52 indicates that COIN has no problem at all paying its short term obligations.
COIN has a Current ratio of 2.52. This is in the better half of the industry: COIN outperforms 79.13% of its industry peers.
A Quick Ratio of 2.52 indicates that COIN has no problem at all paying its short term obligations.
COIN's Quick ratio of 2.52 is fine compared to the rest of the industry. COIN outperforms 79.57% 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
The Revenue has grown by 75.19% in the past year. This is a very strong growth!
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
The Earnings Per Share is expected to grow by 6.46% on average over the next years.
Based on estimates for the next years, COIN will show a quite strong growth in Revenue. The Revenue will grow by 9.86% on average per year.
EPS Next Y-23.37%
EPS Next 2Y1.16%
EPS Next 3Y0.25%
EPS Next 5Y6.46%
Revenue Next Year23.31%
Revenue Next 2Y15.35%
Revenue Next 3Y9.58%
Revenue Next 5Y9.86%
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 49.28 indicates a quite expensive valuation of COIN.
COIN's Price/Earnings ratio is a bit more expensive when compared to the industry. COIN is more expensive than 76.52% of the companies in the same industry.
COIN's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.82.
The Price/Forward Earnings ratio is 35.47, which means the current valuation is very expensive for COIN.
Based on the Price/Forward Earnings ratio, COIN is valued a bit more expensive than 71.74% of the companies in the same industry.
COIN is valuated expensively when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.28 | ||
| Fwd PE | 35.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, COIN is valued a bit cheaper than 66.96% of the companies in the same industry.
COIN's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.94 | ||
| EV/EBITDA | 25.98 |
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
No dividends for COIN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
263.16
-8.79 (-3.23%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners58.4%
Inst Owner Change-2.4%
Ins Owners1.98%
Ins Owner Change1.04%
Market Cap67.03B
Analysts75.56
Price Target273.24 (3.83%)
Short Float %4.78%
Short Ratio1.1
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)-17.39%
PT rev (3m)-19.18%
EPS NQ rev (1m)-20.44%
EPS NQ rev (3m)27.72%
EPS NY rev (1m)-25.67%
EPS NY rev (3m)-11.65%
Revenue NQ rev (1m)-13.73%
Revenue NQ rev (3m)0.82%
Revenue NY rev (1m)-6.01%
Revenue NY rev (3m)-3.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.28 | ||
| Fwd PE | 35.47 | ||
| P/S | 9.63 | ||
| P/FCF | 36.94 | ||
| P/OCF | 34.15 | ||
| P/B | 6.4 | ||
| P/tB | 7.23 | ||
| EV/EBITDA | 25.98 |
EPS(TTM)5.34
EY2.03%
EPS(NY)7.42
Fwd EY2.82%
FCF(TTM)7.12
FCFY2.71%
OCF(TTM)7.71
OCFY2.93%
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 | 5.15 |
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 Year23.31%
Revenue Next 2Y15.35%
Revenue Next 3Y9.58%
Revenue Next 5Y9.86%
EBIT growth 1Y281.79%
EBIT growth 3Y-11.31%
EBIT growth 5YN/A
EBIT Next Year75.19%
EBIT Next 3Y22.65%
EBIT Next 5Y5.31%
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