NASDAQ
COIN
Last Price
US $165.48
KEY FIGURES
MKT CAP
$39.3B
EPS
TTM
$3.02
PEG
TTM
N/M
P/E
TTM
45.58x
P/S
TTM
5.47x
YIELD
0.00%
GROWTH
Revenue Y/Y
41.24%
(FY vs FY)
EBITDA Y/Y
Cash Flow (DCF)
Fair Value
Market $165.48
-38.89%
Default assumptions
EBITDA Multiple
Fair Value
Market $165.48
-64.09%
Default assumptions
Valuation
Financial
Performance
Financial stability - Cash flow debt coverage.
Coinbase Global, Inc. cash flow to debt ratio of 30.98% indicates that the company generates enough cash to cover its debts. This level indicates strong financial health.
Financial risk - Healthy cash flow growth.
Coinbase Global, Inc.'s free cash flow has decreased -5.10% from $2.56G last year to $2.43G, signaling decreasing performance
Financial stability - Healthy debt to equity ratio.
Coinbase Global, Inc.'s debt to equity ratio is 0.59, which means that the company's assets are healthy financed, signaling financial stability. READ MORE: A ratio under 0.60 means the company finances its assets with own equity, signaling financial stability and good management.
Financial risk - Healthy debt to equity ratio development.
Coinbase Global, Inc.'s debt has increased relative to shareholder equity from 0.45 last year to 0.59 today, signaling weakened financials
Financial stability - Net debt/EBITDA.
Coinbase Global, Inc. has a net debt to EBITDA ratio of 0.00x, which is below the 3.00x threshold, indicating healthy leverage and financial stability
Financial risk - ICR.
Coinbase Global, Inc.'s interest coverage ratio is 0.29, which means that the company struggles to meet interest obligations, signaling financial risk.
Financial risk - Profit margin growth.
Coinbase Global, Inc.'s profit margin has decreased (-64.94%) in the last year from 39.29% to 13.78%, signaling decreasing performance
Financial stability - Short term assets vs short term liabilities.
Coinbase Global, Inc.'s short-term assets of $20.39G exceed its short-term liabilities of $8.70G
Decreasing performance - ROA.
Coinbase Global, Inc.'s return on assets of 2.78% is lower than the 5.00% threshold, indicating inefficient asset utilization
Decreasing performance - Absolute return on equity.
Coinbase Global, Inc.'s return on equity of 5.68%, is lower than 15.00%, indicating bad performance
Increasing performance - Earnings quality.
Coinbase Global, Inc.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
Coinbase Global, Inc. had positive net income in 4.00 out of 5 years, indicating stable and consistent earnings
Increasing performance - Free cash flow.
Coinbase Global, Inc. has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
Coinbase Global, Inc. has a free cash flow yield of 6.18%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Decreasing performance - Healthy earnings growth.
Coinbase Global, Inc.'s yearly earnings has decreased -51.13% since last year from $2.58G to $1.26G, signaling decreasing performance
Increasing performance - Healthy revenue growth.
Coinbase Global, Inc.'s yearly revenue has increased 1.03% since last year from $6.56G to $6.63G, signaling increasing performance
Decreasing performance - ROIC.
ROIC 0.10% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.
Increasing performance - 3-year revenue CAGR.
Coinbase Global, Inc.'s 3-year revenue CAGR of 31.00% is positive, indicating growing revenue over the past 3 years
Increasing performance - Revenue consistency.
Coinbase Global, Inc. had revenue growth in 3.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
Coinbase Global, Inc. had positive ROE in 4.00 out of 5 years, indicating consistent and reliable returns on equity
Overvalued - DCF valuation.
Coinbase Global, Inc. is overvalued relative to its fair value price of 101.12 based on Discounted Cash Flow model
Overvalued - Earnings yield.
Coinbase Global, Inc. has an earnings yield of 2.03%, which is below the 4.00% threshold, indicating the stock may be expensive relative to its earnings
Overvalued - EBITDA valuation.
Coinbase Global, Inc. is overvalued relative to its fair value price of 59.43 based on EBITDA multiple model
Overvalued - EV/EBITDA.
Coinbase Global, Inc. has an EV/EBITDA ratio of 29.26x, which exceeds the 20.00x threshold, indicating the stock may be overvalued relative to its operating earnings
Overvalued - PEG ratio value.
Coinbase Global, Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails
Undervalued - P/B ratio.
Coinbase Global, Inc. has a price-to-book ratio of 2.93x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Undervalued - P/S ratio.
Coinbase Global, Inc. has a price-to-sales ratio of 6.76x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue
Profit margin
Current Ratio
Capital Returns
5.68%
Return on equity
ROIC: 0.10%
Valuation History
45.6X
Price to Earnings
EV/EBITDA: 29.3X
Cash flow
Profit margin
32.49%
(FY vs FY)
Cash flow Y/Y
-4.06%
(FY vs FY)
Base valuations use default assumptions. Customize in the Valuator.