# Coincheck Group N.V. (CNCK) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Financial Services / Consumer Finance. Price $1.97, market value $377 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Coincheck Group N.V. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.1×**. Each dollar of revenue is priced at 0.1×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.7×**. The shares trade at 1.7× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -6.4%**. Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 1.7%**. Coincheck Group N.V. keeps 1.7% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -0.4%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -0.4%**. The company reported a net loss over the last twelve months.
- **Return on equity: -8.4%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -3.6%**. Return on all capital, debt included, is -3.6%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -1.4%**. Each dollar of assets produces -1.4% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 25.3%** (3-yr 39.5%/yr). Revenue grew 25.3% over the last year.
- **EPS growth (1 yr): 90.2%**. Earnings per share rose 90.2%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.
- **Cash and short-term investments: $62 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend: none**. Coincheck Group N.V. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -60.0%** (YTD -21.8%, 3-mo 9.4%). The shares are down 60.0% over twelve months including dividends.
- **From 52-week high: -78.8%** (41.2% above the low). Trading 79% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 1.56** (volatility 179%). Beta of 1.56 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CNCK · Page: https://foliofundamentals.com/stocks/cnck

Not investment advice.