Canaan Statistics

Total Valuation

Canaan has a market cap or net worth of $668.82 million. The enterprise value is $624.05 million.

Market Cap	668.82M
Enterprise Value	624.05M

Important Dates

The last earnings date was Wednesday, November 20, 2024, before market open.

Earnings Date	Nov 20, 2024
Ex-Dividend Date	n/a

Share Statistics

Canaan has 288.29 million shares outstanding. The number of shares has increased by 45.28% in one year.

Current Share Class	n/a
Shares Outstanding	288.29M
Shares Change (YoY)	+45.28%
Shares Change (QoQ)	+1.10%
Owned by Insiders (%)	8.77%
Owned by Institutions (%)	22.07%
Float	262.42M

Valuation Ratios

PE Ratio	n/a
Forward PE	14.15
PS Ratio	2.48
Forward PS	1.76
PB Ratio	2.12
P/TBV Ratio	2.12
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	2.72
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 2.03, with a Debt / Equity ratio of 0.09.

Current Ratio	2.03
Quick Ratio	0.54
Debt / Equity	0.09
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-962.35

Financial Efficiency

Return on equity (ROE) is -87.12% and return on invested capital (ROIC) is -44.34%.

Return on Equity (ROE)	-87.12%
Return on Assets (ROA)	-32.49%
Return on Capital (ROIC)	-44.34%
Revenue Per Employee	$516,022
Profits Per Employee	-$664,867
Employee Count	445
Asset Turnover	0.48
Inventory Turnover	2.37

Taxes

Income Tax	-30.92M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +4.04% in the last 52 weeks. The beta is 3.29, so Canaan's price volatility has been higher than the market average.

Beta (5Y)	3.29
52-Week Price Change	+4.04%
50-Day Moving Average	1.74
200-Day Moving Average	1.23
Relative Strength Index (RSI)	51.08
Average Volume (20 Days)	25,706,549

Short Selling Information

Short Interest	23.77M
Short Previous Month	22.73M
Short % of Shares Out	8.79%
Short % of Float	n/a
Short Ratio (days to cover)	3.82

Income Statement

In the last 12 months, Canaan had revenue of $229.63 million and -$295.87 million in losses. Loss per share was -$1.21.

Revenue	229.63M
Gross Profit	-132.04M
Operating Income	-251.17M
Pretax Income	-417.38M
Net Income	-295.87M
EBITDA	-172.07M
EBIT	-251.17M
Loss Per Share	-$1.21

Full Income Statement

Balance Sheet

The company has $71.78 million in cash and $27.01 million in debt, giving a net cash position of $44.78 million or $0.16 per share.

Cash & Cash Equivalents	71.78M
Total Debt	27.01M
Net Cash	44.78M
Net Cash Per Share	$0.16
Equity (Book Value)	315.81M
Book Value Per Share	1.10
Working Capital	156.30M

Full Balance Sheet

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Full Cash Flow Statement

Margins

Gross margin is -57.50%, with operating and profit margins of -109.38% and -128.84%.

Gross Margin	-57.50%
Operating Margin	-109.38%
Pretax Margin	-142.31%
Profit Margin	-128.84%
EBITDA Margin	-74.93%
EBIT Margin	-109.38%
FCF Margin	n/a

Dividends & Yields

Canaan does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-45.28%
Shareholder Yield	-45.28%
Earnings Yield	-44.24%
FCF Yield	n/a

Analyst Forecast

The average price target for Canaan is $3.00, which is 29.31% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$3.00
Price Target Difference	29.31%
Analyst Consensus	Strong Buy
Analyst Count	3
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Canaan has an Altman Z-Score of -0.79 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-0.79
Piotroski F-Score	2