Mulya.ai
Ticker
COIN
Scenario
Key Inputs
Revenue est.?Analysttaper yr4
OP margin est.?hist_ind
Reinvestment est.?projected
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?12.7%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?2.416
Beta (levered) ?2.197
Terminal OM% ?38.7%
Segment conc. ?48% dominant
Terminal growth ?4.1%
Bond rating ?AA · 0.90%
ROIC option ?Opt 4 · 23.6%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

COIN · Coinbase Global, Inc.

$171.462026-05-17
Sector: Financial Services; Industry: Financial - Data & Stock Exchanges; Sub-Industry: Financial Exchanges & Data

Intrinsic Value Range Comparison · Mulya.ai

Bull
$203
+18.2% vs market
Base · active
$153
-11.0% vs market
Bear
$119
-30.8% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $119
Base $153
Market $171
Bull $203
Median $264
Market Price $171
Mulya.ai Base $153
Analysts Median $264
Mulya.ai IV range ($119 · $203)
Analysts Range ($120 · $440)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2021.Q4$7.8B39.2%0.0%$3.7B$6.7B$10.4B19.3%141.9%$2.6B$13.51
2022.Q4$3.2B-59.3%-84.8%14.3%−$2.3B$2.9B$528MM17.7%-74.7%$3.6B$-9.78
2023.Q4$3.1B-2.7%-5.2%45.0%−$89MM$424MM$335MM16.8%-2.4%$3.8B$0.35
2024.Q4$6.6B111.2%35.1%12.4%$2.0B−$140MM$1.9B17.3%44.6%$5.3B$9.61
2025.Q4$6.4B-2.0%11.2%17.2%$594MM−$585MM$9MM18.1%7.5%$10.5B$4.7064.1
italics below = DCF projection · 10yr Rev CAGR: 7.3%
2026.Q4$7.1B+9.9%11.2%17.5%$650MM−$701MM−$50MM12.3%−$45MM6.0%$11.2B$2.4370.6
2027.Q4$8.3B+17.9%15.1%17.8%$1.0B−$1.3B−$309MM11.9%−$245MM8.7%$12.6B$3.8644.4
2028.Q4$9.0B+7.4%19.0%18.0%$1.4B−$627MM$770MM11.6%$549MM10.8%$13.2B$5.2132.9
2029.Q4$9.6B+6.9%23.0%18.3%$1.8B−$609MM$1.2B11.2%$761MM13.3%$13.8B$6.6925.6
2030.Q4$10.2B+6.4%26.9%18.6%$2.2B−$586MM$1.6B10.8%$952MM15.8%$14.4B$8.3220.6
Term. Yr+$13.6B4.1%38.7%20.0%$4.2B−$730MM$3.5B8.6%$28.1B23.6%
Active scenario IV: $153 (-11.0% vs market)