Coincheck Group (NASDAQ:CNCK) versus Galaxy Digital (NASDAQ:GLXY) Critical Review

Coincheck Group (NASDAQ:CNCK) and Galaxy Digital (NASDAQ:GLXY) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, earnings, institutional ownership, dividends, valuation, analyst recommendations and risk.

Profitability

This table compares Coincheck Group and Galaxy Digital’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Coincheck Group	N/A	-219.83%	-4.61%
Galaxy Digital	N/A	N/A	N/A

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Coincheck Group and Galaxy Digital, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Coincheck Group	0	2	0	0	2.00
Galaxy Digital	0	1	7	2	3.10

Coincheck Group presently has a consensus target price of $6.00, indicating a potential upside of 32.45%. Galaxy Digital has a consensus target price of $35.63, indicating a potential upside of 10.91%. Given Coincheck Group’s higher probable upside, analysts plainly believe Coincheck Group is more favorable than Galaxy Digital.

Insider and Institutional Ownership

33.2% of Coincheck Group shares are held by institutional investors. 65.1% of Coincheck Group shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Earnings & Valuation

This table compares Coincheck Group and Galaxy Digital”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Coincheck Group	$2.53 billion	0.23	-$94.71 million	N/A	N/A
Galaxy Digital	N/A	N/A	N/A	N/A	N/A

Galaxy Digital has lower revenue, but higher earnings than Coincheck Group.

Summary

Galaxy Digital beats Coincheck Group on 5 of the 9 factors compared between the two stocks.

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.

About Galaxy Digital

Galaxy Digital Holdings Ltd. is a financial services and an investment management company, which engages in the digital asset, cryptocurrency, and block chain technology sectors. It operates through the following segments: Trading, Principal Investment, Asset Management, Investment Banking, Mining, and Corporate & Other. The Trading segment manages positions in cryptocurrency and other liquid digital assets contributed to the business at the outset and continues to invest and trade in those and related assets. The Principal Investment segment includes portfolio of private principal investments across the block chain ecosystem, including early- and later-stage equity, pre-launch network contributions, and other structured alternative investments. The Asset Management segment manages capital on behalf of third parties in exchange for management fees and performance-based compensation. The Investment Banking segment offers the spectrum of investment banking, including, but not limited to general corporate advisory, mergers and acquisition, transaction advisory, restructuring and capital rising. The Mining segment focuses to provide financial services for North American miners, through its partnerships. The Corporate & Other consists of the partnership’s unallocated corporate overhead and other unallocated costs not identifiable to any of the reportable segments. The company was founded by Michael Edward Novogratz on February 10, 2006 and is headquartered in New York, NY.