CoinShares PLC Ordinary Shares (CSHR)

FairStock Score: 73/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am looking at CoinShares as a financial-sector company, so I judge it on book value, earnings consistency, leverage and risk rather than free cash flow or EV/EBITDA. At the 2026-10-13 close of $4.27, the market capitalization is $353.3M. FairStock’s calculations show a P/E of 4.69, P/B of 0.59, ROE of 2.95%, ROCE of -31.08%, D/E of 0.39, dividend yield of 10.88%, beta of 0.53, and Piotroski F-Score of 5/9. In the latest reported quarter, 2025-Q2, revenue was $30.0M and net income was $32.3M, a margin of 107.56%. That is a striking profit, but net income above revenue suggests the result may lean on non-revenue or principal gains rather than steady fee income. The P/B below 1 and P/E below 5 look statistically cheap, and the dividend yield is high. But ROE is weak, ROCE is negative, and the Lynch category is none because only 0 years of filed results are available; I cannot judge multi-year consistency. The 52-week range of $3.51–$10.43 shows how volatile the shares can be. CET1, NIM, and combined ratio are not in the data. For a digital-asset financial firm, I would want a durable moat and steady returns; here the valuation is tempting, but the quality evidence is thin.

In plain English: CoinShares makes financial products tied to digital assets and blockchain. The latest quarter showed a profit, and the shares trade below their accounting value with a very high dividend, but the company has a short record and weak overall profitability. Based on the numbers given, the price looks cheap, though the business is heavily exposed to swings in crypto markets.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer