Asset Management - Cryptocurrency
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CNCK vs CLSK
Revenue, margins, valuation, and 5-year total return — side by side.
Software - Application
CNCK vs CLSK — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Asset Management - Cryptocurrency | Software - Application |
| Market Cap | $243M | $3.58B |
| Revenue (TTM) | $383.33B | $785M |
| Net Income (TTM) | $-15.82B | $-261M |
| Gross Margin | 2.8% | 41.4% |
| Operating Margin | 0.7% | -26.4% |
| Forward P/E | — | 12.5x |
| Total Debt | $45.76B | $824M |
| Cash & Equiv. | $8.58B | $43M |
CNCK vs CLSK — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Sep 21 | May 26 | Return |
|---|---|---|---|
| Coincheck Group N.V. (CNCK) | 100 | 18.5 | -81.5% |
| CleanSpark, Inc. (CLSK) | 100 | 120.6 | +20.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CNCK vs CLSK
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CNCK is the clearest fit if your priority is income & stability and long-term compounding.
- Dividend streak 0 yrs, beta 1.99
- -81.6% 10Y total return vs CLSK's -84.3%
- Lower volatility, beta 1.99, current ratio 1.07x
CLSK carries the broadest edge in this set and is the clearest fit for growth exposure.
- Rev growth 102.2%, EPS growth 262.3%, 3Y rev CAGR 79.9%
- 102.2% revenue growth vs CNCK's 71.1%
- 0.2% yield; 2-year raise streak; the other pay no meaningful dividend
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 102.2% revenue growth vs CNCK's 71.1% | |
| Quality / Margins | -3.7% margin vs CLSK's -33.2% | |
| Stability / Safety | Beta 1.99 vs CLSK's 3.39 | |
| Dividends | 0.2% yield; 2-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +74.1% vs CNCK's -76.9% | |
| Efficiency (ROA) | -8.5% ROA vs CNCK's -11.5%, ROIC 10.3% vs 3.3% |
CNCK vs CLSK — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CNCK vs CLSK — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
CNCK leads this category, winning 4 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
CNCK is the larger business by revenue, generating $383.3B annually — 488.2x CLSK's $785M. CNCK is the more profitable business, keeping -3.7% of every revenue dollar as net income compared to CLSK's -33.2%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $383.3B | $785M |
| EBITDAEarnings before interest/tax | $2.2B | $181M |
| Net IncomeAfter-tax profit | -$15.8B | -$261M |
| Free Cash FlowCash after capex | -$3.5B | -$1.0B |
| Gross MarginGross profit ÷ Revenue | +2.8% | +41.4% |
| Operating MarginEBIT ÷ Revenue | +0.7% | -26.4% |
| Net MarginNet income ÷ Revenue | -3.7% | -33.2% |
| FCF MarginFCF ÷ Revenue | -0.7% | -133.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | +11.6% |
| EPS Growth (YoY)Latest quarter vs prior year | +47.3% | -2.6% |
Valuation Metrics
Evenly matched — CNCK and CLSK each lead in 2 of 4 comparable metrics.
Valuation Metrics
On an enterprise value basis, CLSK's 6.5x EV/EBITDA is more attractive than CNCK's 23.3x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $243M | $3.6B |
| Enterprise ValueMkt cap + debt − cash | $481M | $4.4B |
| Trailing P/EPrice ÷ TTM EPS | -2.53x | 12.48x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 23.26x | 6.53x |
| Price / SalesMarket cap ÷ Revenue | 0.10x | 4.67x |
| Price / BookPrice ÷ Book value/share | 3.37x | 2.04x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
CLSK leads this category, winning 8 of 9 comparable metrics.
Profitability & Efficiency
CLSK delivers a -13.7% return on equity — every $100 of shareholder capital generates $-14 in annual profit, vs $-152 for CNCK. CLSK carries lower financial leverage with a 0.38x debt-to-equity ratio, signaling a more conservative balance sheet compared to CNCK's 4.25x. On the Piotroski fundamental quality scale (0–9), CLSK scores 5/9 vs CNCK's 2/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -151.9% | -13.7% |
| ROA (TTM)Return on assets | -11.5% | -8.5% |
| ROICReturn on invested capital | +3.3% | +10.3% |
| ROCEReturn on capital employed | +19.2% | +13.7% |
| Piotroski ScoreFundamental quality 0–9 | 2 | 5 |
| Debt / EquityFinancial leverage | 4.25x | 0.38x |
| Net DebtTotal debt minus cash | $37.2B | $781M |
| Cash & Equiv.Liquid assets | $8.6B | $43M |
| Total DebtShort + long-term debt | $45.8B | $824M |
| Interest CoverageEBIT ÷ Interest expense | -44.19x | -18.49x |
Total Returns (Dividends Reinvested)
CLSK leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CLSK five years ago would be worth $7,306 today (with dividends reinvested), compared to $1,840 for CNCK. Over the past 12 months, CLSK leads with a +74.1% total return vs CNCK's -76.9%. The 3-year compound annual growth rate (CAGR) favors CLSK at 48.8% vs CNCK's -44.0% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -33.0% | +21.0% |
| 1-Year ReturnPast 12 months | -76.9% | +74.1% |
| 3-Year ReturnCumulative with dividends | -82.5% | +229.7% |
| 5-Year ReturnCumulative with dividends | -81.6% | -26.9% |
| 10-Year ReturnCumulative with dividends | -81.6% | -84.3% |
| CAGR (3Y)Annualised 3-year return | -44.0% | +48.8% |
Risk & Volatility
Evenly matched — CNCK and CLSK each lead in 1 of 2 comparable metrics.
Risk & Volatility
CNCK is the less volatile stock with a 1.99 beta — it tends to amplify market swings less than CLSK's 3.39 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CLSK currently trades 59.2% from its 52-week high vs CNCK's 18.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.99x | 3.39x |
| 52-Week HighHighest price in past year | $9.49 | $23.61 |
| 52-Week LowLowest price in past year | $1.40 | $7.91 |
| % of 52W HighCurrent price vs 52-week peak | +18.9% | +59.2% |
| RSI (14)Momentum oscillator 0–100 | 49.4 | 71.5 |
| Avg Volume (50D)Average daily shares traded | 169K | 19.0M |
Analyst Outlook
CLSK leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates CNCK as "Hold" and CLSK as "Buy". Consensus price targets imply 115.1% upside for CNCK (target: $4) vs 44.6% for CLSK (target: $20). CLSK is the only dividend payer here at 0.24% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $3.85 | $20.21 |
| # AnalystsCovering analysts | 1 | 10 |
| Dividend YieldAnnual dividend ÷ price | — | +0.2% |
| Dividend StreakConsecutive years of raises | 0 | 2 |
| Dividend / ShareAnnual DPS | — | $0.03 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +4.1% |
CLSK leads in 3 of 6 categories (Profitability & Efficiency, Total Returns). CNCK leads in 1 (Income & Cash Flow). 2 tied.
CNCK vs CLSK: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is CNCK or CLSK a better buy right now?
For growth investors, CleanSpark, Inc.
(CLSK) is the stronger pick with 102. 2% revenue growth year-over-year, versus 71. 1% for Coincheck Group N. V. (CNCK). CleanSpark, Inc. (CLSK) offers the better valuation at 12. 5x trailing P/E, making it the more compelling value choice. Analysts rate CleanSpark, Inc. (CLSK) a "Buy" — based on 10 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.
02Which is the better long-term investment — CNCK or CLSK?
Over the past 5 years, CleanSpark, Inc.
(CLSK) delivered a total return of -26. 9%, compared to -81. 6% for Coincheck Group N. V. (CNCK). Over 10 years, the gap is even starker: CNCK returned -81. 6% versus CLSK's -84. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — CNCK or CLSK?
By beta (market sensitivity over 5 years), Coincheck Group N.
V. (CNCK) is the lower-risk stock at 1. 99β versus CleanSpark, Inc. 's 3. 39β — meaning CLSK is approximately 71% more volatile than CNCK relative to the S&P 500. On balance sheet safety, CleanSpark, Inc. (CLSK) carries a lower debt/equity ratio of 38% versus 4% for Coincheck Group N. V. — giving it more financial flexibility in a downturn.
04Which is growing faster — CNCK or CLSK?
By revenue growth (latest reported year), CleanSpark, Inc.
(CLSK) is pulling ahead at 102. 2% versus 71. 1% for Coincheck Group N. V. (CNCK). On earnings-per-share growth, the picture is similar: CleanSpark, Inc. grew EPS 262. 3% 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.
05Which has better profit margins — CNCK or CLSK?
CleanSpark, Inc.
(CLSK) is the more profitable company, earning 47. 6% net margin versus -3. 7% for Coincheck Group N. V. — meaning it keeps 47. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CLSK leads at 41. 6% versus 0. 7% for CNCK. At the gross margin level — before operating expenses — CLSK leads at 41. 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.
06Which pays a better dividend — CNCK or CLSK?
In this comparison, CLSK (0.
2% yield) pays a dividend. CNCK does not pay a meaningful dividend and should not be held primarily for income.
07Is CNCK or CLSK better for a retirement portfolio?
For long-horizon retirement investors, Coincheck Group N.
V. (CNCK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding. CleanSpark, Inc. (CLSK) carries a higher beta of 3. 39 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (CNCK: -81. 6%, CLSK: -84. 3%), 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.
08What are the main differences between CNCK and CLSK?
These companies operate in different sectors (CNCK (Financial Services) and CLSK (Technology)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
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.
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