Coincheck Group (CNCK) versus Its Peers Critical Review

Coincheck Group (NASDAQ:CNCK) is one of 341 public companies in the “Financial Services” industry, but how does it weigh in compared to its rivals? We will compare Coincheck Group to related businesses based on the strength of its risk, institutional ownership, dividends, profitability, earnings, analyst recommendations and valuation.

Insider & Institutional Ownership

33.2% of Coincheck Group shares are held by institutional investors. Comparatively, 43.2% of shares of all “Financial Services” companies are held by institutional investors. 65.1% of Coincheck Group shares are held by insiders. Comparatively, 21.9% of shares of all “Financial Services” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares Coincheck Group and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Coincheck Group	$3.02 billion	-$12.10 million	-21.50
Coincheck Group Competitors	$6.69 billion	$1.09 billion	9.14

Coincheck Group’s rivals have higher revenue and earnings than Coincheck Group. Coincheck Group is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Coincheck Group and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Coincheck Group	1	2	1	0	2.00
Coincheck Group Competitors	1974	6896	11644	443	2.50

Coincheck Group presently has a consensus target price of $3.75, indicating a potential upside of 190.70%. As a group, “Financial Services” companies have a potential downside of 7.82%. Given Coincheck Group’s higher probable upside, research analysts plainly believe Coincheck Group is more favorable than its rivals.

Profitability

This table compares Coincheck Group and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Coincheck Group	-0.30%	-7.94%	-1.23%
Coincheck Group Competitors	-409.42%	-15.09%	-6.08%

Risk and Volatility

Coincheck Group has a beta of 0.54, indicating that its stock price is 46% less volatile than the S&P 500. Comparatively, Coincheck Group’s rivals have a beta of 2.33, indicating that their average stock price is 133% more volatile than the S&P 500.

Summary

Coincheck Group rivals beat Coincheck Group on 8 of the 13 factors compared.

About Coincheck Group

Coincheck Group NV. is a Dutch public limited liability company and a holding company of Coincheck, Inc. which operates one of the largest multi-cryptocurrency marketplaces and crypto asset exchanges in Japan and is regulated by the Financial Services Agency of Japan. The company was founded on February 18, 2022 and is headquartered in Amsterdam, Netherland.