(CAN) Canaan - Ratings and Ratios
Integrated Circuits, Mining Equipment, Edge Computing Chips
CAN EPS (Earnings per Share)
CAN Revenue
Description: CAN Canaan
Canaan Inc. is a multifaceted technology company that designs and sells integrated circuits (ICs) and leases bitcoin mining equipment. The company operates globally, with a presence in numerous countries across Asia, North America, Europe, and Africa. Its product offerings include ICs for bitcoin mining, mining equipment, and spare parts, as well as edge computing chip products.
To evaluate Canaan Inc.s performance, we can examine key performance indicators (KPIs) such as revenue growth, gross margin, and operating expenses as a percentage of revenue. Given the companys involvement in the competitive and rapidly evolving semiconductor and cryptocurrency mining industries, its essential to monitor its ability to innovate and adapt to changing market conditions. Notably, the companys return on equity (RoE) is currently negative, indicating that it may be struggling to generate profits. A closer look at the companys financial statements would be necessary to understand the underlying drivers of this metric.
From a valuation perspective, Canaan Inc.s price-to-earnings (P/E) ratio is not available, suggesting that the company may not be profitable on a trailing twelve-month basis. However, its forward P/E ratio is 2.15, implying that investors expect the company to become profitable in the future. The companys market capitalization is approximately $280 million, which is a relatively small size compared to other players in the semiconductor industry.
To further analyze Canaan Inc.s prospects, its crucial to examine its competitive positioning, product roadmap, and operational efficiency. The companys ability to execute on its business plan, manage its global operations, and respond to changes in the regulatory environment will be critical factors in determining its future success. Investors should closely monitor the companys progress and adjust their expectations accordingly.
CAN Stock Overview
| Market Cap in USD | 354m |
| Sub-Industry | Semiconductors |
| IPO / Inception | 2019-11-20 |
CAN Stock Ratings
| Growth Rating | -79.4% |
| Fundamental | 17.9% |
| Dividend Rating | 1.0% |
| Return 12m vs S&P 500 | -36.7% |
| Analyst Rating | 4.83 of 5 |
CAN Dividends
Currently no dividends paidCAN Growth Ratios
| Growth Correlation 3m | 40% |
| Growth Correlation 12m | -70.3% |
| Growth Correlation 5y | -86.1% |
| CAGR 5y | -36.27% |
| CAGR/Max DD 3y | -0.43 |
| CAGR/Mean DD 3y | -0.66 |
| Sharpe Ratio 12m | -0.99 |
| Alpha | 0.08 |
| Beta | 0.887 |
| Volatility | 87.97% |
| Current Volume | 26410.2k |
| Average Volume 20d | 25192.7k |
| Stop Loss | 0.7 (-13.6%) |
| Signal | 0.72 |
Piotroski VR‑10 (Strict, 0-10) 1.5
| Net Income (-266.0m TTM) > 0 and > 6% of Revenue (6% = 20.7m TTM) |
| FCFTA -0.37 (>2.0%) and ΔFCFTA -12.76pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 53.29% (prev 89.56%; Δ -36.27pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.20 (>3.0%) and CFO -118.8m > Net Income -266.0m (YES >=105%, WARN >=100%) |
| NO Net Debt/EBITDA fails (EBITDA <= 0) |
| Current Ratio 1.78 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (399.7m) change vs 12m ago 45.58% (target <= -2.0% for YES) |
| Gross Margin -5.19% (prev -92.87%; Δ 87.69pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 61.80% (prev 46.56%; Δ 15.23pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -114.9 (EBITDA TTM -120.8m / Interest Expense TTM 1.24m) >= 6 (WARN >= 3) |
Altman Z'' -5.00
| (A) 0.31 = (Total Current Assets 421.0m - Total Current Liabilities 236.9m) / Total Assets 592.2m |
| (B) -0.93 = Retained Earnings (Balance) -548.0m / Total Assets 592.2m |
| (C) -0.26 = EBIT TTM -142.9m / Avg Total Assets 558.9m |
| (D) -2.20 = Book Value of Equity -590.2m / Total Liabilities 268.6m |
| Total Rating: -5.00 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 17.90
| 1. Piotroski 1.50pt = -3.50 |
| 2. FCF Yield -65.27% = -5.0 |
| 3. FCF Margin -63.29% = -7.50 |
| 4. Debt/Equity 0.14 = 2.49 |
| 5. Debt/Ebitda -0.39 = -2.50 |
| 6. ROIC - WACC (= -47.11)% = -12.50 |
| 7. RoE -92.49% = -2.50 |
| 8. Rev. Trend 19.85% = 1.49 |
| 9. EPS Trend -51.50% = -2.58 |
What is the price of CAN shares?
Over the past week, the price has changed by +7.27%, over one month by +9.71%, over three months by +23.46% and over the past year by -25.01%.
Is Canaan a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CAN is around 0.52 USD . This means that CAN is currently overvalued and has a potential downside of -35.8%.
Is CAN a buy, sell or hold?
- Strong Buy: 5
- Buy: 1
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the CAN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 2.4 | 200% |
| Analysts Target Price | 2.4 | 200% |
| ValueRay Target Price | 0.6 | -28.4% |
Last update: 2025-09-12 04:33
CAN Fundamental Data Overview
CCE Cash And Equivalents = 65.9m USD (Cash And Short Term Investments, last quarter)
P/E Forward = 2.1519
P/S = 1.0257
P/B = 1.0947
Beta = 3.452
Revenue TTM = 345.4m USD
EBIT TTM = -142.9m USD
EBITDA TTM = -120.8m USD
Long Term Debt = 20.8m USD (from longTermDebt, last quarter)
Short Term Debt = 25.8m USD (from shortTermDebt, last quarter)
Debt = 46.5m USD (Calculated: Short Term 25.8m + Long Term 20.8m)
Net Debt = -17.7m USD (from netDebt column, last quarter)
Enterprise Value = 334.9m USD (354.2m + Debt 46.5m - CCE 65.9m)
Interest Coverage Ratio = -114.9 (Ebit TTM -142.9m / Interest Expense TTM 1.24m)
FCF Yield = -65.27% (FCF TTM -218.6m / Enterprise Value 334.9m)
FCF Margin = -63.29% (FCF TTM -218.6m / Revenue TTM 345.4m)
Net Margin = -77.01% (Net Income TTM -266.0m / Revenue TTM 345.4m)
Gross Margin = -5.19% ((Revenue TTM 345.4m - Cost of Revenue TTM 363.3m) / Revenue TTM)
Tobins Q-Ratio = -0.57 (set to none) (Enterprise Value 334.9m / Book Value Of Equity -590.2m)
Interest Expense / Debt = 0.83% (Interest Expense 385.0k / Debt 46.5m)
Taxrate = 21.0% (US default)
NOPAT = -142.9m (EBIT -142.9m, no tax applied on loss)
Current Ratio = 1.78 (Total Current Assets 421.0m / Total Current Liabilities 236.9m)
Debt / Equity = 0.14 (Debt 46.5m / last Quarter total Stockholder Equity 323.6m)
Debt / EBITDA = -0.39 (Net Debt -17.7m / EBITDA -120.8m)
Debt / FCF = -0.21 (Debt 46.5m / FCF TTM -218.6m)
Total Stockholder Equity = 287.6m (last 4 quarters mean)
RoA = -44.91% (Net Income -266.0m, Total Assets 592.2m )
RoE = -92.49% (Net Income TTM -266.0m / Total Stockholder Equity 287.6m)
RoCE = -46.33% (Ebit -142.9m / (Equity 287.6m + L.T.Debt 20.8m))
RoIC = -38.84% (NOPAT -142.9m / Invested Capital 367.9m)
WACC = 8.28% (E(354.2m)/V(400.8m) * Re(9.28%)) + (D(46.5m)/V(400.8m) * Rd(0.83%) * (1-Tc(0.21)))
Shares Correlation 3-Years: 78.79 | Cagr: 7.96%
Discount Rate = 9.28% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow -218.6m)
EPS Correlation: -51.50 | EPS CAGR: -64.91% | SUE: -3.96 | # QB: 0
Revenue Correlation: 19.85 | Revenue CAGR: -10.73% | SUE: 0.03 | # QB: 0
Additional Sources for CAN Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle