Financials Coinbase Global, Inc.

Equities

COIN

US19260Q1076

Blockchain & Cryptocurrency

Market Closed - Nasdaq 21:00:00 16/07/2024 BST Pre-market 14:26:02
251.5 USD +3.56% Intraday chart for Coinbase Global, Inc. 245.4 -2.42%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 54,311 8,032 41,610 61,758 - -
Enterprise Value (EV) 1 50,999 7,152 39,513 57,535 55,769 52,152
P/E ratio 17.4 x -3 x 470 x 36.6 x 55 x 57.4 x
Yield - - - - - -
Capitalization / Revenue 6.93 x 2.51 x 13.4 x 10.7 x 10.6 x 11.3 x
EV / Revenue 6.51 x 2.24 x 12.7 x 10 x 9.53 x 9.56 x
EV / EBITDA 12.5 x -19.3 x 41 x 19.7 x 20.7 x 19.1 x
EV / FCF 11,374,926 x -4,336,297 x 46,599,734 x - - -
FCF Yield 0% -0% 0% - - -
Price to Book 8.59 x 1.47 x 7.04 x 11.6 x 12.1 x -
Nbr of stocks (in thousands) 215,205 226,966 239,246 245,569 - -
Reference price 2 252.4 35.39 173.9 251.5 251.5 251.5
Announcement Date 24/02/22 21/02/23 15/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,277 7,839 3,194 3,108 5,755 5,853 5,454
EBITDA 1 - 4,090 -371.4 963.7 2,927 2,696 2,735
EBIT 1 - 3,077 -2,710 -161.7 1,915 1,308 1,541
Operating Margin - 39.24% -84.85% -5.2% 33.28% 22.34% 28.25%
Earnings before Tax (EBT) 1 - 3,027 -3,065 -76.84 2,185 1,553 1,521
Net income 1 - 3,624 -2,625 94.75 1,810 1,230 1,171
Net margin - 46.23% -82.18% 3.05% 31.44% 21.02% 21.47%
EPS 2 1.570 14.50 -11.81 0.3700 6.871 4.573 4.380
Free Cash Flow - 4,483 -1,649 847.9 - - -
FCF margin - 57.19% -51.64% 27.28% - - -
FCF Conversion (EBITDA) - 109.62% - 87.99% - - -
FCF Conversion (Net income) - 123.71% - 894.89% - - -
Dividend per Share 2 - - - - - - -
Announcement Date 25/02/21 24/02/22 21/02/23 15/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 2,498 1,166 808.3 590.3 629.1 772.5 707.9 674.1 953.8 1,638 1,379 1,372 1,463 1,442 1,451
EBITDA 1 1,205 19.69 -151.1 -115.9 -124.1 283.7 194 180.9 305.1 1,014 614.1 609.6 614.8 656.4 699.2
EBIT 1 922.3 -554.5 -1,044 -556.5 -554.9 -123.9 -73.58 -79.82 115.6 760.5 336.2 336 352.9 323.6 300.2
Operating Margin 36.92% -47.53% -129.2% -94.27% -88.2% -16.03% -10.39% -11.84% 12.12% 46.44% 24.38% 24.49% 24.13% 22.45% 20.69%
Earnings before Tax (EBT) 1 890.5 -609.4 -1,241 -643.7 -570.9 -165.7 -78.68 34.66 132.9 1,437 335.1 336.3 351.3 414.8 551.6
Net income 1 840.2 -429.7 -1,094 -544.6 -557 -78.9 -97.4 -2.265 273.3 1,176 245.7 250.8 254.2 375.7 369.2
Net margin 33.63% -36.84% -135.3% -92.26% -88.54% -10.21% -13.76% -0.34% 28.65% 71.83% 17.81% 18.28% 17.38% 26.06% 25.45%
EPS 2 3.320 -1.980 -4.950 -2.430 -2.460 -0.3400 -0.4200 -0.0100 1.040 4.400 0.9034 0.9294 0.8094 1.200 1.212
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 24/02/22 10/05/22 09/08/22 03/11/22 21/02/23 04/05/23 03/08/23 02/11/23 15/02/24 02/05/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - 3,312 880 2,096 4,223 5,989 9,606
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - 4,483 -1,649 848 - - -
ROE (net income / shareholders' equity) - 102% -44.4% 1.61% 24% 14.8% 13%
ROA (Net income/ Total Assets) - 27.7% -4.73% 0.06% 0.92% 0.6% 0.5%
Assets 1 - 13,068 55,499 148,282 197,277 203,632 234,158
Book Value Per Share 2 - 29.40 24.10 24.70 21.70 20.80 -
Cash Flow per Share 2 - 48.80 -7.130 3.630 3.710 2.810 -
Capex 1 - 25 64 75 70.6 78.3 89.3
Capex / Sales - 0.32% 2% 2.41% 1.23% 1.34% 1.64%
Announcement Date 25/02/21 24/02/22 21/02/23 15/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
25
Last Close Price
251.5 USD
Average target price
253.3 USD
Spread / Average Target
+0.72%
Consensus
  1. Stock Market
  2. Equities
  3. COIN Stock
  4. Financials Coinbase Global, Inc.