COINBASE GLOBAL INC -CLASS A (COIN) Stock Fundamental Analysis
USA - NASDAQ:COIN - US19260Q1076 - Common Stock
261.79 USD
-2.16 (-0.82%)
260.77 USD
-1.02 (-0.39%)
We assign a fundamental rating of 5 out of 10 to COIN. COIN was compared to 237 industry peers in the Capital Markets industry. Both the profitability and the financial health of COIN get a neutral evaluation. Nothing too spectacular is happening here. 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.
Of the past 5 years COIN 4 years were profitable.
Of the past 5 years COIN 4 years had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 10.26%, COIN belongs to the best of the industry, outperforming 89.03% of the companies in the same industry.
The Return On Equity of COIN (20.08%) is better than 88.61% of its industry peers.
COIN has a Return On Invested Capital of 8.58%. This is amongst the best in the industry. COIN outperforms 83.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.26% | ||
| ROE | 20.08% | ||
| ROIC | 8.58% |
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 (41.93%) is better than 86.92% of its industry peers.
In the last couple of years the Profit Margin of COIN has remained more or less at the same level.
Looking at the Operating Margin, with a value of 28.28%, COIN is in line with its industry, outperforming 56.54% of the companies in the same industry.
COIN's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 85.42%, COIN belongs to the best of the industry, outperforming 89.87% 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 | 28.28% | ||
| PM (TTM) | 41.93% | ||
| GM | 85.42% |
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
COIN has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, COIN has more shares outstanding
The debt/assets ratio for COIN has been reduced compared to a year ago.
2.2 Solvency
COIN has an Altman-Z score of 3.93. This indicates that COIN is financially healthy and has little risk of bankruptcy at the moment.
COIN has a Altman-Z score of 3.93. This is amongst the best in the industry. COIN outperforms 81.43% of its industry peers.
COIN has a Debt/Equity ratio of 0.37. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.37, COIN is in the better half of the industry, outperforming 68.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.93 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 2.40 indicates that COIN has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.40, COIN is doing good in the industry, outperforming 77.22% of the companies in the same industry.
COIN has a Quick Ratio of 2.40. This indicates that COIN is financially healthy and has no problem in meeting its short term obligations.
COIN has a better Quick ratio (2.40) than 77.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.4 | ||
| Quick Ratio | 2.4 |
3. Growth
3.1 Past
COIN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 132.13%, which is quite impressive.
Measured over the past years, COIN shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -14.20% on average per year.
The Revenue has grown by 46.24% 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)132.13%
EPS 3Y-14.2%
EPS 5YN/A
EPS Q2Q%435.71%
Revenue 1Y (TTM)46.24%
Revenue growth 3Y-5.75%
Revenue growth 5Y65.18%
Sales Q2Q%55.05%
3.2 Future
Based on estimates for the next years, COIN will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.78% on average per year.
COIN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.27% yearly.
EPS Next Y14.96%
EPS Next 2Y-0.01%
EPS Next 3Y4.08%
EPS Next 5Y10.78%
Revenue Next Year22.32%
Revenue Next 2Y18.44%
Revenue Next 3Y14.6%
Revenue Next 5Y8.27%
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 31.24 indicates a quite expensive valuation of COIN.
Based on the Price/Earnings ratio, COIN is valued a bit more expensive than the industry average as 74.68% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 25.51. COIN is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 36.11, which means the current valuation is very expensive for COIN.
COIN's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. COIN is more expensive than 71.31% of the companies in the same industry.
COIN's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 34.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.24 | ||
| Fwd PE | 36.11 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, COIN is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 24.47 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates COIN does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of COIN may justify a higher PE ratio.
PEG (NY)2.09
PEG (5Y)N/A
EPS Next 2Y-0.01%
EPS Next 3Y4.08%
5. Dividend
5.1 Amount
No dividends for COIN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
261.79
-2.16 (-0.82%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners65.19%
Inst Owner Change6.89%
Ins Owners1.84%
Ins Owner Change2.03%
Market Cap67.26B
Revenue(TTM)7.67B
Net Income(TTM)3.22B
Analysts76.36
Price Target394.01 (50.51%)
Short Float %6.3%
Short Ratio1.38
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)2
Avg EPS beat(2)46.02%
Min EPS beat(2)39.07%
Max EPS beat(2)52.97%
EPS beat(4)3
Avg EPS beat(4)39.39%
Min EPS beat(4)-88.16%
Max EPS beat(4)153.68%
EPS beat(8)5
Avg EPS beat(8)1651.56%
EPS beat(12)9
Avg EPS beat(12)1118.97%
EPS beat(16)11
Avg EPS beat(16)754.15%
Revenue beat(2)1
Avg Revenue beat(2)-3.13%
Min Revenue beat(2)-8.15%
Max Revenue beat(2)1.89%
Revenue beat(4)2
Avg Revenue beat(4)1.83%
Min Revenue beat(4)-8.15%
Max Revenue beat(4)18.69%
Revenue beat(8)5
Avg Revenue beat(8)4.4%
Revenue beat(12)9
Avg Revenue beat(12)5.5%
Revenue beat(16)10
Avg Revenue beat(16)3.33%
PT rev (1m)4.01%
PT rev (3m)5.11%
EPS NQ rev (1m)-15.72%
EPS NQ rev (3m)-14.28%
EPS NY rev (1m)0.94%
EPS NY rev (3m)68.2%
Revenue NQ rev (1m)6.86%
Revenue NQ rev (3m)5.44%
Revenue NY rev (1m)1.1%
Revenue NY rev (3m)0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.24 | ||
| Fwd PE | 36.11 | ||
| P/S | 8.77 | ||
| P/FCF | N/A | ||
| P/OCF | 206.43 | ||
| P/B | 4.2 | ||
| P/tB | 6.34 | ||
| EV/EBITDA | 24.47 |
EPS(TTM)8.38
EY3.2%
EPS(NY)7.25
Fwd EY2.77%
FCF(TTM)-1.31
FCFYN/A
OCF(TTM)1.27
OCFY0.48%
SpS29.86
BVpS62.36
TBVpS41.26
PEG (NY)2.09
PEG (5Y)N/A
Graham Number108.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.26% | ||
| ROE | 20.08% | ||
| ROCE | 9.79% | ||
| ROIC | 8.58% | ||
| ROICexc | 21.87% | ||
| ROICexgc | 58.08% | ||
| OM | 28.28% | ||
| PM (TTM) | 41.93% | ||
| GM | 85.42% | ||
| FCFM | N/A |
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
ROICexgc growth 3Y-34.86%
ROICexgc 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 Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.56 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 14.05% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.4 | ||
| Quick Ratio | 2.4 | ||
| Altman-Z | 3.93 |
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)132.13%
EPS 3Y-14.2%
EPS 5YN/A
EPS Q2Q%435.71%
EPS Next Y14.96%
EPS Next 2Y-0.01%
EPS Next 3Y4.08%
EPS Next 5Y10.78%
Revenue 1Y (TTM)46.24%
Revenue growth 3Y-5.75%
Revenue growth 5Y65.18%
Sales Q2Q%55.05%
Revenue Next Year22.32%
Revenue Next 2Y18.44%
Revenue Next 3Y14.6%
Revenue Next 5Y8.27%
EBIT growth 1Y68.16%
EBIT growth 3Y-11.31%
EBIT growth 5YN/A
EBIT Next Year63.6%
EBIT Next 3Y27.52%
EBIT Next 5Y7.85%
FCF growth 1Y-108.5%
FCF growth 3Y-30.62%
FCF growth 5YN/A
OCF growth 1Y-92.17%
OCF growth 3Y-38%
OCF growth 5YN/A
COINBASE GLOBAL INC -CLASS A / COIN FAQ
What is the ChartMill fundamental rating of COINBASE GLOBAL INC -CLASS A (COIN) stock?
ChartMill assigns a fundamental rating of 5 / 10 to COIN.
Can you provide the valuation status for COINBASE GLOBAL INC -CLASS A?
ChartMill assigns a valuation rating of 1 / 10 to COINBASE GLOBAL INC -CLASS A (COIN). This can be considered as Overvalued.
How profitable is COINBASE GLOBAL INC -CLASS A (COIN) stock?
COINBASE GLOBAL INC -CLASS A (COIN) has a profitability rating of 6 / 10.
Can you provide the expected EPS growth for COIN stock?
The Earnings per Share (EPS) of COINBASE GLOBAL INC -CLASS A (COIN) is expected to grow by 14.96% in the next year.