Canaan Statistics
Total Valuation
Canaan has a market cap or net worth of $303.27 million. The enterprise value is $296.23 million.
| Market Cap | 303.27M |
| Enterprise Value | 296.23M |
Important Dates
The next estimated earnings date is Tuesday, August 27, 2024, before market open.
| Earnings Date | Aug 27, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Canaan has 286.10 million shares outstanding.
| Shares Outstanding | 286.10M |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | 21.08% |
| Float | n/a |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 2.15 |
| PS Ratio | 1.58 |
| Forward PS | 1.58 |
| PB Ratio | 5.34 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 1.55 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.90, with a Debt / Equity ratio of 0.01.
| Current Ratio | 2.90 |
| Quick Ratio | 0.51 |
| Debt / Equity | 0.01 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is -95.30% and return on invested capital (ROIC) is -94.65%.
| Return on Equity (ROE) | -95.30% |
| Return on Assets (ROA) | -72.70% |
| Return on Capital (ROIC) | -94.65% |
| Revenue Per Employee | $429,969 |
| Profits Per Employee | -$829,618 |
| Employee Count | 445 |
| Asset Turnover | 0.38 |
| Inventory Turnover | 2.06 |
Taxes
| Income Tax | -6.65M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -64.07% in the last 52 weeks. The beta is 3.10, so Canaan's price volatility has been higher than the market average.
| Beta (5Y) | 3.10 |
| 52-Week Price Change | -64.07% |
| 50-Day Moving Average | 1.07 |
| 200-Day Moving Average | 1.48 |
| Relative Strength Index (RSI) | 47.86 |
| Average Volume (20 Days) | 5,010,708 |
Short Selling Information
| Short Interest | 25.35M |
| Short Previous Month | 26.41M |
| Short % of Shares Out | 8.86% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 3.80 |
Income Statement
In the last 12 months, Canaan had revenue of $191.34 million and -$369.18 million in losses. Loss per share was -$0.28.
| Revenue | 191.34M |
| Gross Profit | -31.80M |
| Operating Income | -54.24M |
| Pretax Income | -57.57M |
| Net Income | -369.18M |
| EBITDA | n/a |
| EBIT | -57.57M |
| Loss Per Share | -$0.28 |
Balance Sheet
The company has $7.55 million in cash and $516,523 in debt, giving a net cash position of $7.03 million or $0.02 per share.
| Cash & Cash Equivalents | 7.55M |
| Total Debt | 516,523 |
| Net Cash | 7.03M |
| Net Cash Per Share | $0.02 |
| Equity (Book Value) | 56.79M |
| Book Value Per Share | 0.20 |
| Working Capital | 29.03M |
Cash Flow
| Operating Cash Flow | n/a |
| Capital Expenditures | n/a |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Margins
Gross margin is -16.62%, with operating and profit margins of -28.35% and -192.95%.
| Gross Margin | -16.62% |
| Operating Margin | -28.35% |
| Pretax Margin | -30.09% |
| Profit Margin | -192.95% |
| EBITDA Margin | n/a |
| EBIT Margin | -30.09% |
| 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 | -48.63% |
| Shareholder Yield | -48.63% |
| Earnings Yield | -121.73% |
| FCF Yield | n/a |
Analyst Forecast
The average price target for Canaan is $4.25, which is 300.94% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $4.25 |
| Price Target Difference | 300.94% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 10.64 and a Piotroski F-Score of 2.
| Altman Z-Score | 10.64 |
| Piotroski F-Score | 2 |