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NASDAQ: GOEV
Canoo Inc Stock

$3.00+0.14 (+4.9%)
Updated Apr 18, 2024
GOEV Price
$3.00
Fair Value Price
N/A
Market Cap
$193.19M
52 Week Low
$1.22
52 Week High
$19.50
P/E
-5.66x
P/B
0.77x
P/S
3,847.14x
PEG
N/A
Dividend Yield
N/A
Revenue
$886.00k
Earnings
-$302.02M
Gross Margin
-167.9%
Operating Margin
-33,463.21%
Profit Margin
-34,155.9%
Debt to Equity
1.17
Operating Cash Flow
-$251M
Beta
0.81
Next Earnings
May 13, 2024
Ex-Dividend
N/A
Next Dividend
N/A

GOEV Overview

Canoo Inc., a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. The company offers lifestyle delivery vehicles, lifestyle vehicles, multi-purpose delivery vehicles, and pickups. It also provides multi-purpose platform architecture is a self-contained, fully functional rolling chassis design to support various range of vehicle weight and ride profiles. The company serves to small businesses, independent contractors, tradespeople, utilities, and service technicians. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California.

Zen Score

Industry Average (24)
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Due Diligence Checks

GOEV is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
GOEV is good value based on its book value relative to its share price (0.77x), compared to the US Auto Manufacturers industry average (2.06x)
P/B vs Industry Valuation
GOEV is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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GOEV News

Valuation

GOEV fair value

Fair Value of GOEV stock based on Discounted Cash Flow (DCF)
Price
$3.00
Fair Value
-$0.14
Undervalued by
2,176.15%
GOEV is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

GOEV price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-5.66x
Industry
21.67x
Market
41.33x

GOEV price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.77x
Industry
2.06x
GOEV is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

GOEV's financial health

Profit margin

Revenue
$367.0k
Net Income
-$28.4M
Profit Margin
-7,914.2%
GOEV's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
GOEV's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$542.0M
Liabilities
$292.4M
Debt to equity
1.17
GOEV's short-term liabilities ($184.45M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
GOEV's long-term liabilities ($107.98M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
GOEV's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
GOEV's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$59.7M
Investing
-$21.7M
Financing
$79.6M
GOEV's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

GOEV vs Auto Stocks

TickerMarket Cap1d %P/EP/B
GOEV$193.19M+4.90%-5.66x0.77x
NIU$159.84M-0.98%-4.22x1.05x
HYZN$150.77M-0.81%-0.82x1.15x
CJET$52.87M-4.91%-0.58x-0.51x
WKHS$47.85M-12.14%-0.25x0.58x

Canoo Stock FAQ

What is Canoo's quote symbol?

(NASDAQ: GOEV) Canoo trades on the NASDAQ under the ticker symbol GOEV. Canoo stock quotes can also be displayed as NASDAQ: GOEV.

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

What is the 52 week high and low for Canoo (NASDAQ: GOEV)?

(NASDAQ: GOEV) Canoo's 52-week high was $19.50, and its 52-week low was $1.22. It is currently -84.61% from its 52-week high and 145.9% from its 52-week low.

How much is Canoo stock worth today?

(NASDAQ: GOEV) Canoo currently has 64,397,326 outstanding shares. With Canoo stock trading at $3.00 per share, the total value of Canoo stock (market capitalization) is $193.19M.

Canoo stock was originally listed at a price of $230.46 in Mar 1, 2019. If you had invested in Canoo stock at $230.46, your return over the last 5 years would have been -98.7%, for an annualized return of -58.03% (not including any dividends or dividend reinvestments).

How much is Canoo's stock price per share?

(NASDAQ: GOEV) Canoo stock price per share is $3.00 today (as of Apr 18, 2024).

What is Canoo's Market Cap?

(NASDAQ: GOEV) Canoo's market cap is $193.19M, as of Apr 19, 2024.

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

Canoo's market cap is calculated by multiplying GOEV's current stock price of $3.00 by GOEV's total outstanding shares of 64,397,326.
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