NASDAQ: CANCanaan Inc Stock
$1.05-0.12 (-10.26%)
Updated May 17, 2024
CAN Price
$1.05
Fair Value Price
$0.03
Market Cap
$312.86M
52 Week Low
$0.75
52 Week High
$3.50
P/E
-0.51x
P/B
0.76x
P/S
1.97x
PEG
N/A
Dividend Yield
N/A
Revenue
$191.34M
Earnings
-$369.18M
Gross Margin
-120.5%
Operating Margin
-218.14%
Profit Margin
-192.9%
Debt to Equity
0.3
Operating Cash Flow
N/A
Beta
1.45
Next Earnings
N/A
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 (28)
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Due Diligence Checks
CAN ($1.05) is overvalued by 3,596.96% relative to our estimate of its Fair Value price of $0.03 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
CAN ($1.05) is not significantly undervalued (3,596.96%) relative to our estimate of its Fair Value price of $0.03 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
$1.05
Fair Value
$0.03
Overvalued by
3,596.96%
CAN ($1.05) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
CAN ($1.05) 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
-0.51x
Industry
38.33x
Market
30.97x
CAN price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
0.76x
Industry
14.4x
CAN is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
CAN's financial health
Profit margin
Revenue
$35.1M
Net Income
-$39.4M
Profit Margin
-112.3%
CAN's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$534.1M
Liabilities
$122.4M
Debt to equity
0.3
CAN's short-term assets ($320.96M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CAN's short-term assets ($320.96M) 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
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.