COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
MSIF
MSC Income Fund, Inc.
MSIF's fundamentals are mixed: earnings per share grew 5.7%, but revenue fell 37%. At 7.4x earnings, it's trading below its usual 8.9x. Analysts expect earnings to hold roughly steady.
COIN Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Under pressure | |
| N/A | |
| N/A |
COIN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like COIN.
MSIF Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Strong | |
| N/A | |
| N/A |
MSIF's profitability is currently strong, but its revenue is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like MSIF.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
MSIF PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 7.4x | $12.44 | — |
| Cheap | 7.8x | $13.06 | +5% |
| Fair | 8.9x | $14.90 | +20% |
| Forward | 8.9x | $12.44 | — |
| Expensive | 10x | $16.73 | +34% |
Historical ranges are pointers, not guarantees.
MSIF's PE is in its cheap range at 7.4x. On analysts' estimates for next year's earnings, today's price would be 8.9x, in its fair range.
COIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect COIN's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
MSIF Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Growth | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect MSIF's revenue to grow, but its profitability to weaken.
COIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.36 | — |
| Q3 2026 | -$2.77 | -124% |
| Q2 2026 | -$3.78 | -137% |
| Q1 2026 | $2.72 | -49% |
| Q4 2025 | $4.45 | -53% |
| Q3 2025 | $11.54 | +94% |
| Q2 2025 | $10.32 | +82% |
| Q1 2025 | $5.32 | +4.1% |
| Q4 2024 | $9.48 | +2462% |
COIN has swung to a loss: it lost $2.77 per share over the past year, after a profit the year before.
MSIF Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.39 | -17% |
| Q3 2026 | $1.68 | +5.7% |
| Q2 2026 | $1.63 | +15% |
| Q1 2026 | $1.33 | +6.4% |
| Q4 2025 | $1.36 | +30% |
| Q3 2025 | $1.59 | +121% |
| Q2 2025 | $1.42 | +97% |
| Q1 2025 | $1.25 | +74% |
| Q4 2024 | $1.05 | +46% |
MSIF has the edge over COIN on earnings quality, reporting a profit while its opponent remains loss making.
COIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | -35% |
| Q2 2026 | $1.2B | -19% |
| Q1 2026 | $1.4B | -31% |
| Q4 2025 | $1.8B | -22% |
| Q3 2025 | $1.9B | +55% |
| Q2 2025 | $1.5B | +3.3% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +138% |
COIN has the stronger quarterly revenue trend. Revenue is down 35% for COIN versus down 43% for MSIF.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.1% | -21 points |
| Q2 2026 | -9.3% | -7.7 points |
| Q1 2026 | -1.5% | -36 points |
| Q4 2025 | 15% | -30 points |
| Q3 2025 | 26% | +12 points |
| Q2 2025 | -1.6% | -25 points |
| Q1 2025 | 35% | -12 points |
| Q4 2024 | 46% | +33 points |
COIN's operating margin was 5.1% last quarter, down 21 points from the same quarter a year ago.
MSIF Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2022 | $13.1M | -43% |
| Q3 2022 | $17.1M | -6.1% |
| Q2 2022 | $3.7M | -85% |
| Q1 2022 | $17.9M | +8.9% |
| Q4 2021 | $23.1M | +42% |
| Q3 2021 | $18.2M | -55% |
| Q2 2021 | $24.7M | +7.4% |
| Q4 2020 | $16.3M | +230% |
MSIF's revenue has slid since its 2020 peak: $13M last quarter, down 43% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2022 | 92% | -2.3 points |
| Q3 2022 | 94% | +1.3 points |
| Q2 2022 | 68% | -29 points |
| Q1 2022 | 93% | +14 points |
| Q4 2021 | 94% | +5.4 points |
| Q3 2021 | 92% | -5.7 points |
| Q2 2021 | 97% | +2.6 points |
| Q1 2021 | 80% | N/A |
MSIF's operating margin was 92% last quarter, down 2.3 points from the same quarter a year ago.
COIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $405.5M | +$1.2B |
| Q2 2026 | $197.3M | -40% |
| Q1 2026 | $182.7M | +$365.5M |
| Q4 2025 | $3.1B | +218% |
| Q3 2025 | -$784.5M | -213% |
| Q2 2025 | $328.5M | -32% |
| Q1 2025 | -$182.7M | -144% |
| Q4 2024 | $964.6M | +$969.8M |
COIN has the edge over MSIF on cash generation, producing positive trailing cash flow while its opponent burns cash.
MSIF Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $31.9M | +117% |
| Q2 2026 | $16.9M | -49% |
| Q1 2026 | -$18.4M | +$54.1M |
| Q4 2025 | -$45.5M | -$30.8M |
| Q3 2025 | $14.7M | -44% |
| Q2 2025 | $32.9M | +$61.2M |
| Q1 2025 | -$72.5M | -$60.9M |
| Q4 2024 | -$14.7M | -136% |
MSIF's free cash flow was −$15M over the past year, against −$40M the year before. Free cash flow isn't a meaningful measure for financial services companies like MSIF.
COIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.3% | +24.6M shares |
| 1 year | -1.4% | -4M shares |
| 3 years | +21% | +50.7M shares |
| 5 years | +15% | +37.4M shares |
| Available history | +330% | +221M shares |
COIN has 288M diluted shares, down 1.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5.3M |
| Q2 2026 | $181.3M |
| Q1 2026 | $1.1B |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | $10.5M |
MSIF Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -7.9K shares |
| 1 year | -4.2% | -2M shares |
| 3 years | -44% | -35M shares |
| 5 years | +13% | +5.4M shares |
| Available history | +15% | +5.8M shares |
MSIF has the edge over COIN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $671,000 |
| Q2 2026 | — |
| Q1 2026 | $16M |
| Q4 2025 | $9M |
| Q3 2025 | $2.5M |
| Q2 2025 | $146,000 |
| Q1 2025 | — |
| Q4 2024 | $4M |
MSIF spent $26M buying back its own shares over the past year, about four times what it spent the year before.
COIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -4.4x | Net Cash |
| Q2 2026 | -2.5x | Net Cash |
| Q1 2026 | -2.8x | Net Cash |
| Q4 2025 | -2.3x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -1.6x | Net Cash |
| Q1 2025 | -1.6x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
COIN has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like COIN.
MSIF Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2022 | 8,292.9x | High |
| Q4 2021 | 8,673.8x | High |
| Q3 2021 | 7,131.8x | High |
| Q2 2021 | 6,517.7x | High |
MSIF's net debt is more than 20 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like MSIF.
COIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.3 | Neutral |
| Stochastic | 5.0 | Oversold |
COIN's weekly RSI is 35 (neutral) and its Stochastic is 5 (oversold).
MSIF Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.4 | Neutral |
| Stochastic | 61.7 | Neutral |
MSIF's weekly RSI is 53 (neutral) and its Stochastic is 62 (neutral).
COIN PE vs Financial Services Sector
| Metric | COIN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
COIN has no meaningful PE right now: it lost money over the past year.
MSIF PE vs Financial Services Sector
| Metric | MSIF | Sector median | Relative |
|---|---|---|---|
| PE | 7.4x | 13x | 43% below |
| PE % | 7 | 24 | 17 pts below |
MSIF is trading at 7.4x earnings, a 43% discount to the Financial Services sector's median of 13x.
COIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $163.0 | 20% below |
| 20 week MA | $165.6 | 21% below |
| 50 week MA | $184.4 | 29% below |
| 100 week MA | $232.8 | 44% below |
| 200 week MA | $190.3 | 31% below |
MSIF has stronger trend alignment. COIN is above 0 of 5 weekly averages versus MSIF above 3 of 3.
MSIF Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.0 | 3.9% above |
| 20 week MA | $12.0 | 3.5% above |
| 50 week MA | $12.4 | 0% above |
MSIF has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 0% above its 50-week average.
COIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $342.0 | $268.2 | -22% |
| 2022 | $268.2 | $35.5 | -87% |
| 2023 | $35.5 | $173.9 | +390% |
| 2024 | $173.9 | $265.7 | +53% |
| 2025 | $265.7 | $236.9 | -11% |
| 2026 YTD | $236.9 | $130.7 | -45% |
COIN's yearly returns have swung widely, from +390% in 2023 to −87% in 2022. It's down 45% so far in 2026.
MSIF Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $16.3 | $13.6 | -16% |
| 2026 YTD | $13.6 | $12.4 | -8.8% |
MSIF has the edge over COIN on returns for 2026, with the stronger performance.