Coinbase Global, Inc. (COIN) vs TransUnion (TRU)

Coinbase Global, Inc. and TransUnion are both Financial Data & Stock Exchanges companies. Coinbase Global, Inc. is the larger, with a market value of $48.5B against $14.2B — 3.4× the size. Coinbase Global, Inc. has negative trailing earnings, so its P/E is not meaningful; TransUnion trades at 19.3×. TransUnion grew revenue faster over the last twelve months: 12.4% against −10.4%. TransUnion has the higher net margin (15.1% vs −15.7%) and the higher return on invested capital (5.99% vs 2.62%). Across the 19 metrics below, TransUnion leads on 12 and Coinbase Global, Inc. on 7.

Valuation

Metric COIN TRU Financial Data & Stock Exchanges median
P/E n/m 19.34 23.59
P/S 7.26 2.91 6.89
P/B 3.49 2.85 4.00
Price to free cash flow 41.79 18.08 19.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (2.13%) 5.17% 4.04%
Free cash flow yield 2.39% 5.53% 4.39%

Profitability

Metric COIN TRU Financial Data & Stock Exchanges median
Gross margin 86.35% 58.73% 70.90%
Operating margin 9.86% 18.67% 28.27%
Net margin (15.72%) 15.08% 22.52%
Free cash flow margin 22.97% 16.09% 28.57%
Return on equity (7.85%) 15.34% 15.12%
Return on assets (3.96%) 6.33% 6.82%
Return on invested capital 2.62% 5.99% 9.96%

Growth

Metric COIN TRU Financial Data & Stock Exchanges median
Revenue growth (TTM) (10.35%) 12.37% 9.16%
EPS growth (last fiscal year) (53.06%) 60.00% 15.41%
Revenue growth, 5-year CAGR 41.24% 12.58% 8.62%
Net income growth, 5-year CAGR 31.35% 5.82% 10.27%

Health

Metric COIN TRU Financial Data & Stock Exchanges median
Debt to equity 0.82 1.07 0.48
Current ratio 2.42 1.90 1.06
Net debt to EBITDA 0.66 2.83 1.19

Dividend

Metric COIN TRU Financial Data & Stock Exchanges median
Dividend yield — 0.66% 1.28%
Payout ratio — 0.13 0.32

Size

Metric COIN TRU Financial Data & Stock Exchanges median
Market cap 48.50b 14.20b 32.17b

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