Coinbase Global, Inc. (COIN) Valuation — DCF, Graham & Comparables

Coinbase Global, Inc. (COIN) — Price $164.51 Financial ServicesFinancial - Data & Stock Exchanges — NASDAQ

Latest reported results:

Valuation dashboard for Coinbase Global, Inc. (COIN) with P/E N/A, P/B 3.32, EV/EBITDA -64.84 and dividend yield 0.00%. DCF, Graham Number and Earnings Power Value models plus sector comparison against other Financial Services companies.

Coinbase Global, Inc. delivers fundamental financial infrastructure and technological solutions to the expanding cryptoeconomy, operating across both the United States and international markets. The company provides a core financial gateway for individual consumers navigating the digital asset space. For institutional clients, it manages a dynamic trading venue that ensures abundant liquidity for cryptocurrency transactions.

Analysis Summary

Coinbase Global, Inc. reported revenue of $7.18B in the most recent fiscal year, growing at a 5-year CAGR of 41.2%. Net income reached $1.26B, with a 31.4% 5-year CAGR.

Trailing-twelve-month margins: gross margin 79.0%, operating margin -0.4%, net margin -17.8%.

At the current price of $164.51, COIN has negative trailing earnings (P/E not meaningful) and an ROE of -6.89%. Market capitalisation stands at $43.4B, placing it among large-cap names.

Balance sheet quality for COIN: current ratio of 2.3. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

Price / Book3.32
EV / EBITDA-64.84
Dividend Yield0.00%

Valuation Models

DCF Fair Value$20.88
vs Current Price-87.3%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
COINCoinbase Global, Inc.$43.4B3.32-6.9%
CMECME Group Inc.$98.0B23.043.7115.5%
MFGMizuho Financial Group, Inc.$133.2B15.461.8312.3%
BMOBank of Montreal$120.9B19.651.9510.6%
ICEIntercontinental Exchange, Inc.$86.5B21.622.9313.8%
BNSThe Bank of Nova Scotia$113.3B16.811.7811.4%
MCOMoody's Corporation$80.6B29.1326.7279.7%
BAMBrookfield Asset Management Ltd.$72.1B25.611.5415.6%

Price

Price$164.51
Market Cap$43.4B
ExchangeNASDAQ
CountryUS

Profitability

Return on Equity-6.89%
Return on Invested Capital-0.09%
Return on Assets-3.73%
Gross Margin79.01%
Operating Margin-0.43%
Net Margin-17.85%

Related companies: AON · BAM · BMO · BNS · CME · ICE · MCO

Explore sector: Financial Services · Financial - Data & Stock Exchanges

More sections of COIN: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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