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Stock Comparison

CNCK vs COIN

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
CNCK
Coincheck Group N.V.

Asset Management - Cryptocurrency

Financial ServicesNASDAQ • NL
Market Cap$243M
5Y Perf.-81.5%
COIN
Coinbase Global, Inc.

Financial - Data & Stock Exchanges

Financial ServicesNASDAQ • US
Market Cap$50.96B
5Y Perf.-15.2%

CNCK vs COIN — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
CNCK logoCNCK
COIN logoCOIN
IndustryAsset Management - CryptocurrencyFinancial - Data & Stock Exchanges
Market Cap$243M$50.96B
Revenue (TTM)$383.33B$7.18B
Net Income (TTM)$-15.82B$801M
Gross Margin2.8%74.6%
Operating Margin0.7%20.0%
Forward P/E66.1x
Total Debt$45.76B$7.83B
Cash & Equiv.$8.58B$11.29B

CNCK vs COINLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

CNCK
COIN
StockSep 21May 26Return
Coincheck Group N.V. (CNCK)10018.5-81.5%
Coinbase Global, In… (COIN)10084.8-15.2%

Price return only. Dividends and distributions are not included.

Quick Verdict: CNCK vs COIN

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: CNCK leads in 5 of 7 categories, making it the strongest pick for growth and revenue expansion and valuation and capital efficiency. Coinbase Global, Inc. is the stronger pick specifically for recent price momentum and sentiment. As sector peers, any of these can serve as alternatives in the same allocation.
CNCK
Coincheck Group N.V.
The Banking Pick

CNCK carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.

  • Dividend streak 0 yrs, beta 1.99
  • Rev growth 71.1%, EPS growth -156.7%
  • Lower volatility, beta 1.99, current ratio 1.07x
Best for: income & stability and growth exposure
COIN
Coinbase Global, Inc.
The Banking Pick

COIN is the clearest fit if your priority is long-term compounding.

  • -41.2% 10Y total return vs CNCK's -81.6%
  • -1.8% vs CNCK's -76.9%
Best for: long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthCNCK logoCNCK71.1% NII/revenue growth vs COIN's 9.4%
ValueCNCK logoCNCKBetter valuation composite
Quality / MarginsCNCK logoCNCKEfficiency ratio 0.0% vs COIN's 0.5% (lower = leaner)
Stability / SafetyCNCK logoCNCKBeta 1.99 vs COIN's 3.17
DividendsTieNeither stock pays a meaningful dividend
Momentum (1Y)COIN logoCOIN-1.8% vs CNCK's -76.9%
Efficiency (ROA)CNCK logoCNCKEfficiency ratio 0.0% vs COIN's 0.5%

CNCK vs COIN — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

CNCKCoincheck Group N.V.
FY 2025
Transactions
99.6%$381.7B
Commissions
0.4%$1.5B
COINCoinbase Global, Inc.
FY 2025
Bank Servicing, Consumer, Net
47.9%$3.3B
Subscription and Circulation, Stablecoin
19.5%$1.3B
Subscription and Circulation, Blockchain Infrastructure Service
9.8%$677M
Subscription and Circulation, Other
8.0%$555M
Bank Servicing, Institutional
6.9%$480M
Other Revenue
4.3%$298M
Bank Servicing, Other
3.6%$253M

CNCK vs COIN — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLCOINLAGGINGCNCK

Income & Cash Flow (Last 12 Months)

COIN leads this category, winning 4 of 5 comparable metrics.

CNCK is the larger business by revenue, generating $383.3B annually — 53.4x COIN's $7.2B. COIN is the more profitable business, keeping 17.6% of every revenue dollar as net income compared to CNCK's -3.7%.

MetricCNCK logoCNCKCoincheck Group N…COIN logoCOINCoinbase Global, …
RevenueTrailing 12 months$383.3B$7.2B
EBITDAEarnings before interest/tax$2.2B$202M
Net IncomeAfter-tax profit-$15.8B$801M
Free Cash FlowCash after capex-$3.5B$2.8B
Gross MarginGross profit ÷ Revenue+2.8%+74.6%
Operating MarginEBIT ÷ Revenue+0.7%+20.0%
Net MarginNet income ÷ Revenue-3.7%+17.6%
FCF MarginFCF ÷ Revenue-0.7%+33.8%
Rev. Growth (YoY)Latest quarter vs prior year
EPS Growth (YoY)Latest quarter vs prior year+47.3%-7.2%
COIN leads this category, winning 4 of 5 comparable metrics.

Valuation Metrics

CNCK leads this category, winning 4 of 4 comparable metrics.

On an enterprise value basis, CNCK's 23.3x EV/EBITDA is more attractive than COIN's 29.3x.

MetricCNCK logoCNCKCoincheck Group N…COIN logoCOINCoinbase Global, …
Market CapShares × price$243M$51.0B
Enterprise ValueMkt cap + debt − cash$481M$47.5B
Trailing P/EPrice ÷ TTM EPS-2.53x43.36x
Forward P/EPrice ÷ next-FY EPS est.66.07x
PEG RatioP/E ÷ EPS growth rate0.86x
EV / EBITDAEnterprise value multiple23.26x29.25x
Price / SalesMarket cap ÷ Revenue0.10x7.10x
Price / BookPrice ÷ Book value/share3.37x3.75x
Price / FCFMarket cap ÷ FCF21.00x
CNCK leads this category, winning 4 of 4 comparable metrics.

Profitability & Efficiency

COIN leads this category, winning 8 of 9 comparable metrics.

COIN delivers a 5.7% return on equity — every $100 of shareholder capital generates $6 in annual profit, vs $-152 for CNCK. COIN carries lower financial leverage with a 0.53x debt-to-equity ratio, signaling a more conservative balance sheet compared to CNCK's 4.25x. On the Piotroski fundamental quality scale (0–9), COIN scores 4/9 vs CNCK's 2/9, reflecting mixed financial health.

MetricCNCK logoCNCKCoincheck Group N…COIN logoCOINCoinbase Global, …
ROE (TTM)Return on equity-151.9%+5.7%
ROA (TTM)Return on assets-11.5%+2.8%
ROICReturn on invested capital+3.3%+5.7%
ROCEReturn on capital employed+19.2%+8.1%
Piotroski ScoreFundamental quality 0–924
Debt / EquityFinancial leverage4.25x0.53x
Net DebtTotal debt minus cash$37.2B-$3.5B
Cash & Equiv.Liquid assets$8.6B$11.3B
Total DebtShort + long-term debt$45.8B$7.8B
Interest CoverageEBIT ÷ Interest expense-44.19x16.97x
COIN leads this category, winning 8 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

COIN leads this category, winning 6 of 6 comparable metrics.

A $10,000 investment in COIN five years ago would be worth $7,317 today (with dividends reinvested), compared to $1,840 for CNCK. Over the past 12 months, COIN leads with a -1.8% total return vs CNCK's -76.9%. The 3-year compound annual growth rate (CAGR) favors COIN at 49.2% vs CNCK's -44.0% — a key indicator of consistent wealth creation.

MetricCNCK logoCNCKCoincheck Group N…COIN logoCOINCoinbase Global, …
YTD ReturnYear-to-date-33.0%-18.4%
1-Year ReturnPast 12 months-76.9%-1.8%
3-Year ReturnCumulative with dividends-82.5%+232.1%
5-Year ReturnCumulative with dividends-81.6%-26.8%
10-Year ReturnCumulative with dividends-81.6%-41.2%
CAGR (3Y)Annualised 3-year return-44.0%+49.2%
COIN leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

Evenly matched — CNCK and COIN each lead in 1 of 2 comparable metrics.

CNCK is the less volatile stock with a 1.99 beta — it tends to amplify market swings less than COIN's 3.17 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. COIN currently trades 43.4% from its 52-week high vs CNCK's 18.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricCNCK logoCNCKCoincheck Group N…COIN logoCOINCoinbase Global, …
Beta (5Y)Sensitivity to S&P 5001.99x3.17x
52-Week HighHighest price in past year$9.49$444.65
52-Week LowLowest price in past year$1.40$139.36
% of 52W HighCurrent price vs 52-week peak+18.9%+43.4%
RSI (14)Momentum oscillator 0–10049.453.9
Avg Volume (50D)Average daily shares traded169K10.8M
Evenly matched — CNCK and COIN each lead in 1 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Wall Street rates CNCK as "Hold" and COIN as "Buy". Consensus price targets imply 115.1% upside for CNCK (target: $4) vs 26.1% for COIN (target: $243).

MetricCNCK logoCNCKCoincheck Group N…COIN logoCOINCoinbase Global, …
Analyst RatingConsensus buy/hold/sellHoldBuy
Price TargetConsensus 12-month target$3.85$243.33
# AnalystsCovering analysts137
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises0
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%+1.6%
Insufficient data to determine a leader in this category.
Key Takeaway

COIN leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). CNCK leads in 1 (Valuation Metrics). 1 tied.

Best OverallCoinbase Global, Inc. (COIN)Leads 3 of 6 categories
Loading custom metrics...

CNCK vs COIN: Frequently Asked Questions

9 questions · data-driven answers · updated daily

01

Is CNCK or COIN a better buy right now?

For growth investors, Coincheck Group N.

V. (CNCK) is the stronger pick with 71. 1% revenue growth year-over-year, versus 9. 4% for Coinbase Global, Inc. (COIN). Coinbase Global, Inc. (COIN) offers the better valuation at 43. 4x trailing P/E (66. 1x forward), making it the more compelling value choice. Analysts rate Coinbase Global, Inc. (COIN) a "Buy" — based on 37 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which is the better long-term investment — CNCK or COIN?

Over the past 5 years, Coinbase Global, Inc.

(COIN) delivered a total return of -26. 8%, compared to -81. 6% for Coincheck Group N. V. (CNCK). Over 10 years, the gap is even starker: COIN returned -41. 2% versus CNCK's -81. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — CNCK or COIN?

By beta (market sensitivity over 5 years), Coincheck Group N.

V. (CNCK) is the lower-risk stock at 1. 99β versus Coinbase Global, Inc. 's 3. 17β — meaning COIN is approximately 60% more volatile than CNCK relative to the S&P 500. On balance sheet safety, Coinbase Global, Inc. (COIN) carries a lower debt/equity ratio of 53% versus 4% for Coincheck Group N. V. — giving it more financial flexibility in a downturn.

04

Which is growing faster — CNCK or COIN?

By revenue growth (latest reported year), Coincheck Group N.

V. (CNCK) is pulling ahead at 71. 1% versus 9. 4% for Coinbase Global, Inc. (COIN). On earnings-per-share growth, the picture is similar: Coinbase Global, Inc. grew EPS -53. 1% year-over-year, compared to -156. 7% for Coincheck Group N. V.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

05

Which has better profit margins — CNCK or COIN?

Coinbase Global, Inc.

(COIN) is the more profitable company, earning 17. 6% net margin versus -3. 7% for Coincheck Group N. V. — meaning it keeps 17. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: COIN leads at 20. 0% versus 0. 7% for CNCK. At the gross margin level — before operating expenses — COIN leads at 74. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Is CNCK or COIN more undervalued right now?

Analyst consensus price targets imply the most upside for CNCK: 115.

1% to $3. 85.

07

Which pays a better dividend — CNCK or COIN?

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

08

Is CNCK or COIN better for a retirement portfolio?

For long-horizon retirement investors, Coinbase Global, Inc.

(COIN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding. Coincheck Group N. V. (CNCK) carries a higher beta of 1. 99 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (COIN: -41. 2%, CNCK: -81. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

09

What are the main differences between CNCK and COIN?

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: CNCK is a small-cap high-growth stock; COIN is a mid-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

Find Stocks Like These

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CNCK

High-Growth Disruptor

  • Sector: Financial Services
  • Market Cap > $100B
  • Revenue Growth > 35%
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COIN

Steady Growth Compounder

  • Sector: Financial Services
  • Market Cap > $100B
  • Revenue Growth > 5%
  • Net Margin > 10%
Run This Screen
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(CNCK: 71.1% · COIN: 9.4%)

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