Coinbase Global (NAS:COIN) GF Value Rank

: 0 (As of Today)

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Coinbase Global has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Coinbase Global GF Value Rank Related Terms

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Coinbase Global (NAS:COIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Coinbase Global Inc (NAS:COIN) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

COIN:Mexico 1QZ:Germany C2OI34:Brazil 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.

Executives

Lawrence J Brock	officer: Chief People Officer	C/O COINBASE GLOBAL, INC., 248 3RD ST #434, OAKLAND CA 94607
Tobias Lutke	director	C/O SHOPIFY INC., 150 ELGIN ST., 8TH FLOOR, OTTAWA A6 K2P 1L4
Ah Capital Management, L.l.c.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Cnk Fund I-b, L.p.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Ah Equity Partners Lsv I, L.l.c.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Andreessen Horowitz Lsv Fund I-q, L.p.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Andreessen Horowitz Lsv Fund I-b, L.p.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Frederick R Wilson	director, 10 percent owner
Union Square 2012 Gp, L.l.c.	10 percent owner	915 BROADWAY, 19TH FLOOR, NEW YORK NY 10010
Usv Opportunity 2014, Lp	10 percent owner	915 BROADWAY, 19TH FLOOR, NEW YORK NY 10010
Usv Opportunity Investors 2014, Lp	10 percent owner	915 BROADWAY, 19TH FLOOR, NEW YORK NY 10010
Usv Opportunity 2014 Gp, Llc	10 percent owner	915 BROADWAY, 19TH FLOOR, NEW YORK NY 10010
Cnk Fund I, L.p.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Cnk Equity Partners I, L.l.c.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Andreessen Horowitz Lsv Fund I, L.p.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025