Professional
Added to YB: 2025-06-30
Pitch date: 2025-06-25
CNCK [neutral]
Coincheck Group N.V.
-16.7%
current return
Author Info
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Company Info
Coincheck Group N.V. provides cryptocurrency exchange platform in Japan. It operates Coincheck NFT Marketplace that enables non-fungible tokens to be purchased.
Market Cap
$73.6B
Pitch Price
$4.97
Price Target
N/A
Dividend
N/A
EV/EBITDA
-34.15
P/E
N/A
EV/Sales
0.14
Sector
Capital Markets
Category
growth
Pernas Research Passes On: Coincheck Group N.V.
CNCK pass: Japan's top retail crypto exchange (24% share) trades at $672M mkt cap, $5.14. FY25 revenue ¥13.5B ($90M), breakeven cash flow. Growth in users & assets (¥859B), but monetization pressured by 3.4% spread model. Potential catalysts: Q2 crypto prices & Japan's planned tax cut from 55% to 20% in 2026.
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