Coinbase Global (BSP:C2OI34) EV-to-EBIT : 263.14 (As of Apr. 26, 2024)

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What is Coinbase Global EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Coinbase Global's Enterprise Value is R$-2,819 Mil. Coinbase Global's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R$-11 Mil. Therefore, Coinbase Global's EV-to-EBIT for today is 263.14.

The historical rank and industry rank for Coinbase Global's EV-to-EBIT or its related term are showing as below:

BSP:C2OI34' s EV-to-EBIT Range Over the Past 10 Years
Min: -56.45 Med: 5.76 Max: 13605.92
Current: 8797.87

During the past 5 years, the highest EV-to-EBIT of Coinbase Global was 13605.92. The lowest was -56.45. And the median was 5.76.

BSP:C2OI34's EV-to-EBIT is ranked worse than
100% of 479 companies
in the Capital Markets industry
Industry Median: 10.09 vs BSP:C2OI34: 8797.87

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Coinbase Global's Enterprise Value for the quarter that ended in Dec. 2023 was R$-4,653 Mil. Coinbase Global's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R$-11 Mil. Coinbase Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.23%.

Coinbase Global EV-to-EBIT Historical Data

The historical data trend for Coinbase Global's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coinbase Global EV-to-EBIT Chart

Coinbase Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

16.71

-2.14

6,650.28

Coinbase Global Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial												-2.14	-5.51	-10.80	-22.38	6,650.28

Competitive Comparison of Coinbase Global's EV-to-EBIT

For the Financial Data & Stock Exchanges subindustry, Coinbase Global's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Coinbase Global's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Coinbase Global's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Coinbase Global's EV-to-EBIT falls into.

Coinbase Global EV-to-EBIT Calculation

Coinbase Global's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	-2818.773	/	-10.712
	=	263.14

Coinbase Global's current Enterprise Value is R$-2,819 Mil.
Coinbase Global's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-11 Mil.

Coinbase Global (BSP:C2OI34) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Coinbase Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 )	=	EBIT	/	Enterprise Value (Q: Dec. 2023 )
	=	-10.712	/	-4653.4602
	=	0.23 %

Coinbase Global's Enterprise Value for the quarter that ended in Dec. 2023 was R$-4,653 Mil.
Coinbase Global's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-11 Mil.

Coinbase Global EV-to-EBIT Related Terms

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Coinbase Global (BSP:C2OI34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Coinbase Global Inc (BSP:C2OI34) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

COIN:USA COIN:Mexico 1QZ:Germany COIN:Austria

Address

c/o The Corporation Trust Company, 1209 Orange Street, Wilmington, DE, USA, 19801

Website

https://www.coinbase.com

Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.

Coinbase Global (BSP:C2OI34) Headlines

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