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NASDAQ: CAN
Canaan Inc Stock

$3.44+0.14 (+4.24%)
Updated Jan 27, 2023
CAN Price
$3.44
Fair Value Price
$14.94
Market Cap
$646.30M
52 Week Low
$1.87
52 Week High
$6.90
P/E
1.69x
P/B
0.95x
P/S
0.66x
PEG
0.01x
Dividend Yield
N/A
Revenue
$858.35M
Earnings
$341.82M
Gross Margin
56.2%
Operating Margin
45.56%
Profit Margin
39.9%
Debt to Equity
0.15
Operating Cash Flow
N/A
Beta
1.37
Next Earnings
Mar 1, 2023
Ex-Dividend
N/A
Next Dividend
N/A

CAN Overview

Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components primarily in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts. The company has a strategic cooperation with Northern Data AG in the areas of artificial intelligence development, blockchain technology, and datacenter operations. Canaan Inc. was founded in 2013 and is based in Beijing, the People's Republic of China.

Zen Score

Industry Average (34)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how CAN scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

CAN ($3.44) is undervalued by 76.98% relative to our estimate of its Fair Value price of $14.94 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
CAN ($3.44) is significantly undervalued by 76.98% relative to our estimate of its Fair Value price of $14.94 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
CAN ($3.44) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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CAN News

Valuation

CAN fair value

Fair Value of CAN stock based on Discounted Cash Flow (DCF)
Price
$3.44
Fair Value
$14.94
Undervalued by
76.98%
CAN ($3.44) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
CAN ($3.44) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
CAN ($3.44) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

CAN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
1.69x
Industry
37.64x
Market
23.59x
CAN is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
CAN is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

CAN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.95x
Industry
4.34x
CAN is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CAN price to earnings growth (PEG)

For valuing profitable companies with growth potential
CAN is good value based... subscribe to Premium to read more.
PEG Value Valuation

CAN's financial health

Profit margin

Revenue
$135.9M
Net Income
$6.4M
Profit Margin
4.7%
CAN's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$775.2M
Liabilities
$98.6M
Debt to equity
0.15
CAN's short-term assets ($698.85M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CAN's short-term assets ($698.85M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CAN's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
N/A
Investing
N/A
Financing
N/A

CAN vs Computer Hardware Stocks

TickerMarket Cap1d %P/EP/B
CAN$646.30M+4.24%1.69x0.95x
DM$587.52M+4.52%-1.15x0.73x
NNDM$745.11M+5.15%-2.42x0.61x
VLD$417.58M+5.16%0.65x3.70x
IONQ$897.82M-1.10%-6.91x1.56x

Canaan Stock FAQ

What is Canaan's quote symbol?

NASDAQ: CAN) Canaan trades on the NASDAQ under the ticker symbol CAN. Canaan stock quotes can also be displayed as NASDAQ: CAN.

If you're new to stock investing, here's how to buy Canaan stock.

What is the 52 week high and low for Canaan (NASDAQ: CAN)?

(NASDAQ: CAN) Canaan's 52-week high was $6.90, and its 52-week low was $1.87. It is currently -50.14% from its 52-week high and 83.96% from its 52-week low.

How much is Canaan stock worth today?

(NASDAQ: CAN) Canaan currently has 2,804,138,492 outstanding shares. With Canaan stock trading at $3.44 per share, the total value of Canaan stock (market capitalization) is $646.30M.

Canaan stock was originally listed at a price of $8.99 in Nov 21, 2019. If you had invested in Canaan stock at $8.99, your return over the last 3 years would have been -61.74%, for an annualized return of -27.4% (not including any dividends or dividend reinvestments).

How much is Canaan's stock price per share?

(NASDAQ: CAN) Canaan stock price per share is $3.44 today (as of Jan 27, 2023).

What is Canaan's Market Cap?

(NASDAQ: CAN) Canaan's market cap is $646.30M, as of Jan 29, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Canaan's market cap is calculated by multiplying CAN's current stock price of $3.44 by CAN's total outstanding shares of 2,804,138,492.
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