MSCI vs COIN vs NDAQ
161 measures in 16 categories, one definition each, computed from filings and market data.
MSCI73.7
MSCI Inc.
Financial Services · Financial - Data & Stock Exchanges
$569.08 −1.09%$41.4B mkt cap
Score DNA
COIN34.3
Coinbase Global, Inc.
Financial Services · Financial - Data & Stock Exchanges
$173.16 −5.79%$45.7B mkt cap
Score DNA
NDAQ63.9
Nasdaq, Inc.
Financial Services · Financial - Data & Stock Exchanges
$93.97 +0.50%$52.5B mkt cap
Score DNA
Price, rebased to 100 three years ago
MSCI COIN NDAQ · weekly adjusted closesSmart money 8Valuation 16Profitability (TTM) 12Returns on capital 11Growth 17Margin history & stability 7Liquidity (latest quarter) 7Leverage & solvency (latest quarter) 13Efficiency 11Cash flow & earnings quality 7Dividends & buybacks 9Scores & forensic checks 15Per share 7Size (TTM) 8Price performance 9Technicals 4
● marks the highest or lowest value where that direction is plainly stronger (margins, returns, coverage, leverage); multiples and yields are left unmarked. Bars show each stock's percentile within its own industry. n/a: the measure does not apply to lenders and insurers.
Smart money
8 measures| Measure | MSCI | COIN | NDAQ |
|---|---|---|---|
| Insider open-market buys, 180d | 8 | 0 | 1 |
| Insider $ bought, 180d | $3.25M | — | $4.88M |
| Congress purchases, 180d | 0 | 5 | 3 |
| Last Congress purchase | — | 2026-09-11 | 2026-04-24 |
| 13F net change in holders | +18 | −57 | −7 |
| ETFs adding shares, 30d | 919 | 967 | 1,086 |
| ETFs trimming, 30d | 732 | 772 | 1,045 |
| Net ETF funds, 30d | +187 | +195 | +41 |
Valuation
16 measures| Measure | MSCI | COIN | NDAQ |
|---|---|---|---|
| P/E (TTM) | 30.5x
100th
|
— | 26.7x
78th
|
| PEG (P/E ÷ 3-yr EPS CAGR) | 1.75
67th
|
— | 1.70
56th
|
| Price / sales | 12.4x
90th
|
8.3x
60th
|
6.0x
30th
|
| Price / book | — | 3.5x
22nd
|
4.4x
67th
|
| Price / tangible book | — | 5.1x | — |
| Price / free cash flow | 25.9x
90th
|
17.2x
20th
|
26.9x
100th
|
| Price / operating cash flow | 25.4x
100th
|
17.2x
40th
|
23.4x
70th
|
| Enterprise value | $47.6B
50th
|
$43.3B
40th
|
$59.0B
60th
|
| EV / sales | 14.3x
90th
|
7.8x
40th
|
6.8x
30th
|
| EV / EBITDA | 23.1x
89th
|
— | 18.5x
56th
|
| EV / EBIT | 25.7x
89th
|
— | 23.2x
67th
|
| EV / free cash flow | 29.8x
90th
|
16.3x
0th
|
30.2x
100th
|
| Earnings yield | 3.3%
10th
|
-2.2%
0th
|
3.7%
30th
|
| FCF yield | 3.9%
10th
|
5.8%
80th
|
3.7%
0th
|
| Operating cash flow yield | 3.9%
0th
|
5.8%
60th
|
4.3%
30th
|
| Graham number (per share) | — | — | $40.58
12th
|
Profitability (TTM)
12 measures| Measure | MSCI | COIN | NDAQ |
|---|---|---|---|
| Gross margin | 83.0%
100th
|
76.0%
70th
|
59.4%
30th
|
| EBITDA margin | 61.9%
90th
|
-12.0%
0th
|
36.7%
30th
|
| Operating margin | 55.7%
90th
|
-0.4%
0th
|
31.6%
50th
|
| EBIT margin | 55.4%
90th
|
-16.5%
0th
|
29.2%
50th
|
| Net margin | 40.7%
80th
|
-17.8%
0th
|
22.6%
40th
|
| NOPAT margin | 47.5%
90th
|
-0.3%
0th
|
25.5%
50th
|
| FCF margin | 47.9%
70th
|
48.1%
80th
|
22.4%
20th
|
| Operating cash flow margin | 48.8%
80th
|
48.1%
70th
|
25.8%
20th
|
| R&D / revenue | 5.4%
90th
|
34.8%
100th
|
0.0%
0th
|
| SG&A / revenue | 16.1%
20th
|
44.3%
100th
|
11.7%
10th
|
| Stock comp / revenue | 3.6%
90th
|
17.0%
100th
|
2.0%
30th
|
| Effective tax rate | 14.7%
10th
|
21.0%
40th
|
19.3%
30th
|
Returns on capital
11 measures| Measure | MSCI | COIN | NDAQ |
|---|---|---|---|
| ROE (on average equity) | — | -7.8%
0th
|
16.5%
44th
|
| ROA | 24.7%
100th
|
-4.0%
0th
|
6.8%
30th
|
| ROIC | 45.3%
100th
|
-0.2%
0th
|
12.0%
40th
|
| ROCE | 46.2%
100th
|
-4.8%
0th
|
10.7%
30th
|
| Return on tangible assets | 33.7%
100th
|
-3.7%
0th
|
8.8%
40th
|
| Cash ROIC (OCF / invested capital) | 46.5%
90th
|
24.9%
50th
|
12.2%
20th
|
| Gross profitability (GP / assets) | 49.4%
100th
|
16.5%
30th
|
18.9%
50th
|
| ROIC, 3-yr average | 36.1%
80th
|
42.8%
90th
|
8.0%
20th
|
| ROIC, 5-yr average | — | 54.5%
89th
|
10.2%
33rd
|
| ROE, 5-yr average | — | 1.4%
0th
|
15.0%
56th
|
| Incremental ROIC | 676.4%
100th
|
-70.3%
30th
|
-475.0%
0th
|
Growth
17 measures| Measure | MSCI | COIN | NDAQ |
|---|---|---|---|
| Revenue growth (TTM YoY) | 11.6%
80th
|
-21.0%
0th
|
7.3%
50th
|
| Revenue growth (QoQ) | 1.9%
60th
|
-13.7%
10th
|
18.5%
100th
|
| Revenue CAGR, 3 yr | 12.4%
70th
|
27.0%
100th
|
12.6%
80th
|
| Revenue CAGR, 5 yr | 12.6%
80th
|
20.0%
100th
|
8.0%
30th
|
| Gross profit CAGR, 3 yr | 12.7%
40th
|
34.3%
100th
|
29.8%
90th
|
| Operating income CAGR, 3 yr | 13.2%
33rd
|
— | 21.3%
67th
|
| Net income growth (TTM YoY) | 15.2%
44th
|
— | 30.5%
67th
|
| Net income CAGR, 3 yr | 14.0%
33rd
|
— | 21.3%
44th
|
| EPS growth (TTM YoY) | 22.1%
44th
|
— | 33.1%
67th
|
| EPS CAGR, 3 yr | 17.4%
44th
|
— | 15.7%
33rd
|
| EPS CAGR, 5 yr | 17.2%
100th
|
— | 8.9%
44th
|
| FCF growth (TTM YoY) | 10.5%
40th
|
47.3%
90th
|
-8.6%
10th
|
| FCF CAGR, 3 yr | 13.0%
50th
|
-8.0%
0th
|
7.9%
30th
|
| Operating cash flow CAGR, 3 yr | 10.9%
50th
|
-8.3%
0th
|
9.6%
30th
|
| Book value CAGR, 3 yr | — | 26.5%
100th
|
18.7%
89th
|
| Dividend CAGR, 3 yr | 5.4%
75th
|
— | -1.0%
0th
|
| Sustainable growth rate | — | — | 11.2%
38th
|
Margin history & stability
7 measures| Measure | MSCI | COIN | NDAQ |
|---|---|---|---|
| Gross margin, 3-yr average | 82.4%
90th
|
74.9%
80th
|
47.2%
0th
|
| Operating margin, 3-yr average | 54.3%
90th
|
16.9%
20th
|
27.3%
40th
|
| Net margin, 3-yr average | 41.4%
80th
|
18.1%
20th
|
18.5%
30th
|
| FCF margin, 3-yr average | 47.3%
80th
|
33.1%
40th
|
24.0%
20th
|
| Revenue stability (0-1) | 1.00
90th
|
0.74
0th
|
0.82
20th
|
| Earnings stability (0-1) | 0.96
100th
|
0.00
0th
|
0.54
60th
|
| Margin stability (0-1) | 1.00
100th
|
0.91
30th
|
0.78
0th
|
Liquidity (latest quarter)
7 measures| Measure | MSCI | COIN | NDAQ |
|---|---|---|---|
| Cash & short-term investments | $356.4M
20th
|
$9.1B
100th
|
$2.8B
80th
|
| Net cash (− = net debt) | −$6.2B
30th
|
$2.4B
100th
|
−$6.5B
20th
|
| Working capital | −$169.5M
30th
|
$3.9B
100th
|
−$1.8B
0th
|
| Current ratio | 0.89
20th
|
1.54
80th
|
0.48
0th
|
| Quick ratio | 0.89
30th
|
1.54
80th
|
0.48
10th
|
| Cash ratio (cash + ST investments / current liabilities) | 0.22
20th
|
1.26
90th
|
0.78
80th
|
| Defensive interval (days) | 497 days
40th
|
924 days
80th
|
599 days
60th
|
Leverage & solvency (latest quarter)
13 measures| Measure | MSCI | COIN | NDAQ |
|---|---|---|---|
| Total debt | $6.5B
50th
|
$6.7B
60th
|
$9.2B
80th
|
| Debt / equity | — | 0.51
33rd
|
0.77
67th
|
| Net debt / equity | — | −0.18
11th
|
0.54
44th
|
| Debt / assets | 116.8%
100th
|
25.2%
40th
|
33.8%
50th
|
| Debt / capital | — | 33.8%
33rd
|
43.5%
67th
|
| Debt / EBITDA | 3.17
100th
|
— | 2.90
67th
|
| Net debt / EBITDA | 3.00
100th
|
— | 2.02
67th
|
| Interest coverage (EBIT / interest) | 7.2x
33rd
|
−10.2x
0th
|
9.7x
56th
|
| Cash interest coverage | 6.3x
11th
|
29.7x
89th
|
8.6x
33rd
|
| Debt payback (years of OCF) | 4.0 yrs
80th
|
2.5 yrs
40th
|
4.1 yrs
90th
|
| Liabilities / assets | 148.0%
100th
|
50.6%
20th
|
56.1%
40th
|
| IS credit model rating | BB | BBB- | A- |
| Implied credit spread (bps) | 475
100th
|
350
90th
|
175
70th
|
Efficiency
11 measures| Measure | MSCI | COIN | NDAQ |
|---|---|---|---|
| Asset turnover | 0.61
90th
|
0.22
30th
|
0.30
50th
|
| Fixed asset turnover | 14.20
60th
|
13.70
50th
|
6.98
30th
|
| Inventory turnover | — | — | — |
| Receivables turnover | 4.0
0th
|
38.2
100th
|
8.4
60th
|
| Days sales outstanding | 92 days
100th
|
10 days
0th
|
44 days
40th
|
| Days inventory outstanding | — | — | — |
| Days payables outstanding | 9 days
0th
|
22 days
20th
|
26 days
40th
|
| Cash conversion cycle (days) | 82 days
100th
|
−13 days
0th
|
18 days
67th
|
| Capex / revenue | 0.9%
22nd
|
0.0%
0th
|
3.4%
56th
|
| Capex / depreciation | 0.14
33rd
|
0.00
0th
|
0.45
67th
|
| Operating expense ratio | 26.5%
60th
|
90.5%
100th
|
24.6%
30th
|
Cash flow & earnings quality
7 measures| Measure | MSCI | COIN | NDAQ |
|---|---|---|---|
| Operating cash flow / net income | 1.20
56th
|
— | 1.14
22nd
|
| FCF / net income | 1.18
56th
|
— | 0.99
33rd
|
| FCF / operating cash flow | 98.1%
78th
|
100.0%
89th
|
86.9%
33rd
|
| Capex / operating cash flow | 1.9%
22nd
|
0.0%
0th
|
13.1%
67th
|
| Accruals ratio | -4.9%
30th
|
-14.6%
0th
|
-1.0%
70th
|
| Sloan accruals ratio | -3.4%
60th
|
-22.5%
0th
|
-7.6%
30th
|
| Earnings quality score (0-1) | 1.00
33rd
|
— | 1.00
33rd
|
Scores & forensic checks
15 measures| Measure | MSCI | COIN | NDAQ |
|---|---|---|---|
| IS score | 74
80th
|
34
0th
|
64
40th
|
| IS profitability | 80
80th
|
20
0th
|
74
30th
|
| IS growth | 70
90th
|
16
0th
|
63
60th
|
| IS value | 42
10th
|
29
0th
|
52
50th
|
| IS momentum | 84
50th
|
22
0th
|
86
70th
|
| IS risk (safety) | 100
10th
|
100
10th
|
100
10th
|
| IS quality | 78
40th
|
43
0th
|
80
60th
|
| IS balance sheet | 31
0th
|
47
30th
|
57
70th
|
| IS earnings quality | 64
10th
|
28
0th
|
81
70th
|
| IS cash flow | 77
50th
|
77
60th
|
60
0th
|
| Piotroski F-score (0-9) | 8
80th
|
4
0th
|
7
50th
|
| Altman Z-score | — | — | — |
| Beneish M-score | — | — | — |
| Ohlson O-score | −4.09
100th
|
−7.95
30th
|
−7.97
20th
|
| IS credit score | 42
0th
|
53
10th
|
66
20th
|
Size (TTM)
8 measures| Measure | MSCI | COIN | NDAQ |
|---|---|---|---|
| Market cap | $41.4B
40th
|
$45.7B
50th
|
$52.5B
60th
|
| Revenue | $3.3B
30th
|
$5.5B
50th
|
$8.7B
80th
|
| EBITDA | $2.1B
50th
|
−$661.5M
0th
|
$3.2B
60th
|
| Net income | $1.4B
50th
|
−$987.8M
0th
|
$2.0B
60th
|
| Free cash flow | $1.6B
40th
|
$2.7B
60th
|
$2.0B
50th
|
| Total assets | $5.6B
30th
|
$26.5B
60th
|
$27.3B
70th
|
| Shareholders' equity | −$2.7B
0th
|
$13.1B
70th
|
$12.0B
60th
|
| Employees | 6,327
30th
|
4,951
20th
|
9,630
40th
|
Price performance
9 measures| Measure | MSCI | COIN | NDAQ |
|---|---|---|---|
| 1 day | −1.1% | −5.8% | +0.5% |
| 1 week | +0.7% | −3.5% | +0.3% |
| 1 month | +3.5% | −0.5% | +2.9% |
| 3 months | −9.0% | +7.9% | +2.3% |
| 6 months | +0.1% | −16.1% | +6.0% |
| Year to date | +1.0% | −26.8% | −2.8% |
| 1 year | +3.9% | −48.5% | +5.2% |
| 3 years, cumulative | +11.7% | +123.9% | +95.1% |
| 5 years, cumulative | −0.7% | −30.2% | +51.4% |
Technicals
4 measures| Measure | MSCI | COIN | NDAQ |
|---|---|---|---|
| RSI 14 | 56.7 | 45.0 | 53.0 |
| From 52-week high | −11.8% | −53.6% | −7.7% |
| From 52-week low | +14.0% | +24.5% | +22.8% |
| Beta | 1.24 | 3.41 | 1.00 |
InsiderStreet reports findings from filings and market data. A comparison is not a recommendation to buy or sell either stock.Every figure is computed in code · data as of 2026-10-17