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 237 industry peers in the Capital Markets industry. COIN has an excellent financial health rating, but there are some minor concerns on its profitability. COIN is valied quite expensively at the moment, while it does show a decent growth rate.
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.
COIN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
COIN's Return On Assets of 6.75% is amongst the best of the industry. COIN outperforms 81.86% 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 76.79% of the companies in the same industry.
COIN's Return On Invested Capital of 13.63% is amongst the best of the industry. COIN outperforms 86.92% 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
COIN has a better Profit Margin (21.08%) than 60.34% 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 of 33.06%. This is comparable to the rest of the industry: COIN outperforms 57.38% of its industry peers.
In the last couple of years the Operating Margin of COIN has declined.
COIN's Gross Margin of 85.87% is amongst the best of the industry. COIN outperforms 89.87% of its industry peers.
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
COIN has more shares outstanding than it did 1 year ago.
COIN has more shares outstanding than it did 5 years ago.
COIN has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.89 indicates that COIN is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.89, COIN belongs to the top of the industry, outperforming 86.50% of the companies in the same industry.
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 83.12% of its industry peers.
COIN has a Debt/Equity ratio of 0.40. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.40, COIN is doing good in the industry, outperforming 70.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 2.33 | ||
| Altman-Z | 5.89 |
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.
COIN has a better Current ratio (2.52) than 76.37% of its industry peers.
COIN has a Quick Ratio of 2.52. This indicates that COIN is financially healthy and has no problem in meeting its short term obligations.
COIN has a Quick ratio of 2.52. This is in the better half of the industry: COIN outperforms 76.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.52 | ||
| Quick Ratio | 2.52 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 115.66% over the past year.
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.
COIN shows a strong growth in Revenue. In the last year, the Revenue has grown by 111.17%.
COIN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 65.18% yearly.
EPS 1Y (TTM)115.66%
EPS 3Y-14.2%
EPS 5YN/A
EPS Q2Q%1300%
Revenue 1Y (TTM)111.17%
Revenue growth 3Y-5.75%
Revenue growth 5Y65.18%
Sales Q2Q%3.28%
3.2 Future
The Earnings Per Share is expected to grow by 6.46% on average over the next years.
The Revenue is expected to grow by 4.69% on average over the next years.
EPS Next Y-31.65%
EPS Next 2Y1.23%
EPS Next 3Y2.12%
EPS Next 5Y6.46%
Revenue Next Year21.25%
Revenue Next 2Y15.34%
Revenue Next 3Y10.79%
Revenue Next 5Y4.69%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
COIN is valuated quite expensively with a Price/Earnings ratio of 43.31.
75.95% of the companies in the same industry are cheaper than COIN, based on the Price/Earnings ratio.
COIN's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.24.
The Price/Forward Earnings ratio is 41.74, 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 73.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of COIN to the average of the S&P500 Index (36.42), we can say COIN is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.31 | ||
| Fwd PE | 41.74 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, COIN is valued a bit cheaper than the industry average as 64.56% of the companies are valued more expensively.
COIN's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.53 | ||
| EV/EBITDA | 31.74 |
4.3 Compensation for Growth
The decent profitability rating of COIN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.23%
EPS Next 3Y2.12%
5. Dividend
5.1 Amount
No dividends for COIN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:COIN (8/5/2025, 9:46:10 AM)
310.11
-8.06 (-2.53%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners57.83%
Inst Owner Change0.2%
Ins Owners1.87%
Ins Owner Change0.77%
Market Cap78.99B
Analysts73.66
Price Target321.68 (3.73%)
Short Float %6.36%
Short Ratio0.87
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)4.68%
Revenue beat(16)10
Avg Revenue beat(16)4.04%
PT rev (1m)15.52%
PT rev (3m)11.32%
EPS NQ rev (1m)-7.08%
EPS NQ rev (3m)-28.45%
EPS NY rev (1m)-0.86%
EPS NY rev (3m)-33.7%
Revenue NQ rev (1m)-5.35%
Revenue NQ rev (3m)-18.1%
Revenue NY rev (1m)-0.42%
Revenue NY rev (3m)-7.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.31 | ||
| Fwd PE | 41.74 | ||
| P/S | 11.35 | ||
| P/FCF | 43.53 | ||
| P/OCF | 40.24 | ||
| P/B | 7.55 | ||
| P/tB | 8.52 | ||
| EV/EBITDA | 31.74 |
EPS(TTM)7.16
EY2.31%
EPS(NY)7.43
Fwd EY2.4%
FCF(TTM)7.12
FCFY2.3%
OCF(TTM)7.71
OCFY2.48%
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-34.86%
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-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 | 5.89 |
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)115.66%
EPS 3Y-14.2%
EPS 5YN/A
EPS Q2Q%1300%
EPS Next Y-31.65%
EPS Next 2Y1.23%
EPS Next 3Y2.12%
EPS Next 5Y6.46%
Revenue 1Y (TTM)111.17%
Revenue growth 3Y-5.75%
Revenue growth 5Y65.18%
Sales Q2Q%3.28%
Revenue Next Year21.25%
Revenue Next 2Y15.34%
Revenue Next 3Y10.79%
Revenue Next 5Y4.69%
EBIT growth 1Y297.85%
EBIT growth 3Y-11.31%
EBIT growth 5YN/A
EBIT Next Year75.19%
EBIT Next 3Y22.65%
EBIT Next 5Y3.75%
FCF growth 1Y212.37%
FCF growth 3Y-30.62%
FCF growth 5YN/A
OCF growth 1Y290.37%
OCF growth 3Y-38%
OCF growth 5YN/A