Coincheck Group (CNCK) AI Stock Analysis

• Market Cap: $661.92M
• Dividend Yield: N/A
• Average Volume (3M): 53.03K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.75
• Revenue Growth: N/A
• EPS Growth: -118.34%
• Country: US
• Employees: 185
• Sector: Financial
• Sector Strength: 78
• Industry: Asset Management - Cryptocurrency
• EPS (TTM): N/A
• Shares Outstanding: 130,814,530
• 10 Day Avg. Volume: 28,793
• 30 Day Avg. Volume: 53,035
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $6.00
• Price Target Upside: 18.58% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 42 Neutral
• Price Target: $4.50 ▼(-11.07% Downside)

Coincheck Group's overall stock score is primarily impacted by its weak financial performance, characterized by negative profitability and cash flow metrics, as well as high leverage. The technical analysis suggests a bearish trend, and the valuation is unattractive due to a negative P/E ratio and lack of dividend yield. These factors collectively result in a low overall stock score.

Positive Factors

Asset Growth

Customer assets on CNCK's platform surged 16%, primarily due to rising crypto asset prices, indicating increased investor confidence.

Customer Metrics

The number of verified accounts on CNCK's platform increased 2.6%, reflecting growing user trust and engagement.

Market Position

Coincheck maintains a strong presence in Japan, commanding approximately 20% market share in a well-regulated region.

Negative Factors

Profit Margins

The gross profit margin contracted due to a 12.6% rise in the cost of revenues, hinting at potential profitability issues.

Revenue Challenges

A 16% decrease in marketplace trading volume, the main driver of transaction revenues, indicates potential revenue pressure.

Structural Challenges

Coincheck faces structural challenges such as limited float and thin liquidity, affecting its operational flexibility and growth potential.

Coincheck Group Business Overview & Revenue Model

Company Description

Coincheck Group N.V. operates as a holding company. The Company, through its subsidiaries, operates in the crypto asset and web3 domains, as well as offers cryptocurrency trading services.

How the Company Makes Money

Coincheck Group generates revenue through several key streams. Primarily, the company earns money from transaction fees charged on cryptocurrency trades carried out on its platform. These fees are often a percentage of the trade value or a fixed rate per transaction. Additionally, Coincheck provides services such as margin trading and lending, which also contribute to its revenue through interest fees and loan arrangements. The company may also generate income from partnerships with other financial institutions or blockchain technology firms, enhancing its service offerings and expanding its user base. Lastly, Coincheck's revenue can be influenced by market trends and the overall trading volume on its platform, which can fluctuate based on cryptocurrency market conditions.

Coincheck Group Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	383.33B	224.05B	176.92B	690.97B	524.42B
Gross Profit	13.48B	6.98B	5.30B	24.97B	18.99B
EBITDA	4.35B	3.52B	-360.00M	14.37B	14.09B
Net Income	-14.35B	1.97B	-559.00M	9.79B	10.24B
Balance Sheet
Total Assets	112.27B	768.40B	360.62B	540.13B	486.13B
Cash, Cash Equivalents and Short-Term Investments	8.65B	10.84B	7.70B	73.19B	66.66B
Total Debt	44.48B	1.66B	19.11B	439.00M	479.00M
Total Liabilities	101.50B	755.96B	350.14B	524.09B	473.15B
Stockholders Equity	10.77B	12.44B	10.48B	16.04B	12.98B
Cash Flow
Free Cash Flow	-2.62B	3.21B	-4.19B	7.18B	838.00M
Operating Cash Flow	-1.92B	3.90B	-3.80B	7.40B	1.03B
Investing Cash Flow	-903.00M	-435.00M	-749.00M	-219.00M	-269.00M
Financing Cash Flow	565.00M	-206.51M	-5.46B	-6.65B	-225.00M

Coincheck Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CNCK, the sentiment is Neutral. The current price of 5.06 is above the 20-day moving average (MA) of 4.80, below the 50-day MA of 5.21, and below the 200-day MA of 7.07, indicating a neutral trend. The MACD of -0.06 indicates Negative momentum. The RSI at 52.31 is Neutral, neither overbought nor oversold. The STOCH value of 74.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CNCK.

Coincheck Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$17.93B	11.86	10.28%	3.71%	9.75%	1.60%
FUFU	68 Neutral	$631.22M	13.71	29.72%	―	39.84%	-10.81%
BTBT	63 Neutral	$826.08M	8.82	-11.34%	―	14.65%	-240.80%
HIPO	55 Neutral	$846.20M	―	-3.27%	―	43.15%	94.09%
CIFR	54 Neutral	$3.00B	―	-21.39%	―	0.11%	-914.42%
FLD	46 Neutral	$167.51M	―	-54.34%	―	―	-8567.69%
CNCK	42 Neutral	$661.92M	―	-1.11%	―	―	-118.34%