Coinbase Global Stock Fundamentals
| COIN Stock | USD 224.37 12.06 5.10% |
Coinbase Global fundamentals help investors to digest information that contributes to Coinbase Global's financial success or failures. It also enables traders to predict the movement of Coinbase Stock. The fundamental analysis module provides a way to measure Coinbase Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Coinbase Global stock.
At this time, Coinbase Global's Total Operating Expenses is very stable compared to the past year. As of the 25th of April 2024, Total Other Income Expense Net is likely to grow to about 38.2 M, while Tax Provision is likely to drop (180.3 M). Coinbase | Select Account or Indicator |
Coinbase Global Company Operating Margin Analysis
Coinbase Global's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Coinbase Global Operating Margin | 0.04 % |
Most of Coinbase Global's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Coinbase Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Coinbase Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, Coinbase Global has an Operating Margin of 0.0365%. This is 100.41% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The operating margin for all United States stocks is 100.66% lower than that of the firm.
Coinbase Global Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Coinbase Global's current stock value. Our valuation model uses many indicators to compare Coinbase Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Coinbase Global competition to find correlations between indicators driving Coinbase Global's intrinsic value. More Info.Coinbase Global is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies . At this time, Coinbase Global's Return On Equity is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Coinbase Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Coinbase Global's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Coinbase Global's earnings, one of the primary drivers of an investment's value.Coinbase Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Coinbase Global's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Coinbase Global could also be used in its relative valuation, which is a method of valuing Coinbase Global by comparing valuation metrics of similar companies.Coinbase Global is currently under evaluation in operating margin category among related companies.
Coinbase Fundamentals
| Return On Equity | 0.0162 | ||||
| Return On Asset | -9.0E-4 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 52.28 B | ||||
| Shares Outstanding | 195.53 M | ||||
| Shares Owned By Insiders | 5.00 % | ||||
| Shares Owned By Institutions | 51.59 % | ||||
| Number Of Shares Shorted | 11.63 M | ||||
| Price To Earning | 4.53 X | ||||
| Price To Book | 9.48 X | ||||
| Price To Sales | 20.34 X | ||||
| Revenue | 3.11 B | ||||
| Gross Profit | 2.52 B | ||||
| EBITDA | 66.86 M | ||||
| Net Income | 94.75 M | ||||
| Cash And Equivalents | 5.01 B | ||||
| Cash Per Share | 22.07 X | ||||
| Total Debt | 3.06 B | ||||
| Debt To Equity | 0.65 % | ||||
| Current Ratio | 1.05 X | ||||
| Book Value Per Share | 25.95 X | ||||
| Cash Flow From Operations | 668.38 M | ||||
| Short Ratio | 1.08 X | ||||
| Earnings Per Share | 0.36 X | ||||
| Price To Earnings To Growth | 1.53 X | ||||
| Target Price | 224.45 | ||||
| Number Of Employees | 3.42 K | ||||
| Beta | 3.42 | ||||
| Market Capitalization | 53.91 B | ||||
| Total Asset | 206.98 B | ||||
| Retained Earnings | 1.82 B | ||||
| Working Capital | 5.75 B | ||||
| Current Asset | 498 K | ||||
| Current Liabilities | 3.49 M | ||||
| Net Asset | 206.98 B |
About Coinbase Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Coinbase Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Coinbase Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Coinbase Global based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 197.2 B | 207 B | |
| Total Revenue | 3.1 B | 3.5 B | |
| Cost Of Revenue | 420.7 M | 557.9 M | |
| Stock Based Compensation To Revenue | 0.28 | 0.16 | |
| Sales General And Administrative To Revenue | 0.38 | 0.26 | |
| Research And Ddevelopement To Revenue | 0.43 | 0.30 | |
| Capex To Revenue | (0.02) | (0.02) | |
| Revenue Per Share | 13.18 | 11.64 | |
| Ebit Per Revenue | (0.04) | (0.04) |
Pair Trading with Coinbase Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Coinbase Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Coinbase Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Coinbase Stock
| 0.7 | CME | CME Group | PairCorr |
| 0.65 | ICE | Intercontinental Exchange Earnings Call This Week | PairCorr |
Moving against Coinbase Stock
| 0.82 | DNB | Dun Bradstreet Holdings Earnings Call This Week | PairCorr |
| 0.78 | FG | FG Annuities Life Financial Report 1st of May 2024 | PairCorr |
| 0.77 | VALU | Value Line | PairCorr |
| 0.7 | SPGI | SP Global Earnings Call Today | PairCorr |
| 0.57 | DHIL | Diamond Hill Investment | PairCorr |
The ability to find closely correlated positions to Coinbase Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coinbase Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Coinbase Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Coinbase Global to buy it.
The correlation of Coinbase Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Coinbase Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coinbase Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Coinbase Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Coinbase Global Piotroski F Score and Coinbase Global Altman Z Score analysis. To learn how to invest in Coinbase Stock, please use our How to Invest in Coinbase Global guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Coinbase Stock analysis
When running Coinbase Global's price analysis, check to measure Coinbase Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coinbase Global is operating at the current time. Most of Coinbase Global's value examination focuses on studying past and present price action to predict the probability of Coinbase Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coinbase Global's price. Additionally, you may evaluate how the addition of Coinbase Global to your portfolios can decrease your overall portfolio volatility.
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Is Coinbase Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coinbase Global. If investors know Coinbase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coinbase Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.27 | Earnings Share 0.36 | Revenue Per Share 12.411 | Quarterly Revenue Growth 0.494 | Return On Assets (0.0009) |
The market value of Coinbase Global is measured differently than its book value, which is the value of Coinbase that is recorded on the company's balance sheet. Investors also form their own opinion of Coinbase Global's value that differs from its market value or its book value, called intrinsic value, which is Coinbase Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coinbase Global's market value can be influenced by many factors that don't directly affect Coinbase Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coinbase Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coinbase Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coinbase Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.