NASDAQ: CANCanaan Inc Stock
$0.93+0.18 (+24%)
Updated Apr 22, 2024
CAN Price
$0.93
Fair Value Price
$1.08
Market Cap
$235.04M
52 Week Low
$0.75
52 Week High
$3.50
P/E
-0.39x
P/B
0.68x
P/S
1.88x
PEG
N/A
Dividend Yield
N/A
Revenue
$211.48M
Earnings
-$414.15M
Gross Margin
-113.9%
Operating Margin
-220.12%
Profit Margin
-195.8%
Debt to Equity
0.42
Operating Cash Flow
-$124M
Beta
1.45
Next Earnings
May 24, 2024
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 (29)
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Due Diligence Checks
CAN ($0.93) is undervalued by 14.15% relative to our estimate of its Fair Value price of $1.08 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
CAN ($0.93) is not significantly undervalued (14.15%) relative to our estimate of its Fair Value price of $1.08 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
CAN is unprofitable, so we... 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
$0.93
Fair Value
$1.08
Undervalued by
14.15%
CAN ($0.93) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
CAN ($0.93) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
CAN is unprofitable, so we... 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
-0.39x
Industry
36.93x
Market
41x
CAN price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
0.68x
Industry
12.79x
CAN is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
CAN's financial health
Profit margin
Revenue
$49.1M
Net Income
-$139.0M
Profit Margin
-283.3%
CAN's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
CAN's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$493.3M
Liabilities
$145.1M
Debt to equity
0.42
CAN's short-term assets ($363.68M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CAN's short-term assets ($363.68M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CAN's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt 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's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials
CAN vs Computer Hardware Stocks
Canaan Stock FAQ
Company
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.