CAN:NSD-Canaan Inc (USD)

COMMON STOCK | Computer Hardware | NSD

Last Closing Price

USD 3.20

Change

+0.22 (+7.38)%

Market Cap

USD 0.60B

Volume

2.84M

Avg Analyst Target

USD 12.50 (+290.63%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Canaan Inc (CAN) Stock Analysis:
Based on the Canaan Inc stock forecasts from 1 analysts, the average analyst target price for Canaan Inc is USD 12.50 over the next 12 months. Canaan Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Canaan Inc is Very Bullish, which is based on 11 positive signals and 1 negative signals. At the last closing, Canaan Inc’s stock price was USD 3.20. Canaan Inc’s stock price has changed by +1.91% over the past week, -18.78% over the past month and -58.22% over the last year.

About

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 ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-05-25 )

Largest Industry Peers for Computer Hardware

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
WDC Western Digital Corporation

+2.50 (+4.42%)

USD17.96B 9.93 6.57
STX Seagate Technology Holdings pl..

+3.11 (+3.91%)

USD17.60B 10.06 8.80
NTAP NetApp Inc

+2.04 (+3.03%)

USD15.00B 15.26 9.51
LOGI Logitech International S.A

+0.16 (+0.28%)

USD9.44B 15.16 9.27
SMCI Super Micro Computer Inc

+1.32 (+2.78%)

USD2.56B 14.32 12.55
CRCT Cricut Inc

+0.48 (+7.15%)

USD1.87B 16.30 9.02
CRSR Corsair Gaming Inc

+0.70 (+4.85%)

USD1.43B 30.14 15.31
SSYS Stratasys Ltd

+0.65 (+3.68%)

USD1.22B 227.50 2.90
NNDM Nano Dimension Ltd

N/A

USD0.69B N/A 2.83
INVE Identiv Inc

+0.56 (+5.01%)

USD0.26B 368.13 52.45

ETFs Containing CAN

Symbol Name Weight Mer Price(Change) Market Cap
BKCH Global X Blockchain ETF 0.00 % 0.50 %

+0.26 (+3.65%)

USD0.06B
BKCH Global X Blockchain ETF 0.00 % 0.50 %

+0.26 (+3.65%)

USD0.06B

Market Performance

  Market Performance vs.
Industry/Classification (Computer Hardware)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -37.86% 24% F 34% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -37.86% 24% F 34% F
Trailing 12 Months  
Capital Gain -63.05% 38% F 25% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -63.05% 38% F 25% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 87.28% 100% A+ 94% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 87.28% 100% A+ 94% A
Risk Return Profile  
Volatility (Standard Deviation) 176.63% 14% F 7% F
Risk Adjusted Return 49.41% 76% C 77% C+
Market Capitalization 0.60B 57% F 63% D
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Computer Hardware)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 1.53 94% A 91% A-
Price/Book Ratio 1.15 65% D 68% D+
Price / Cash Flow Ratio 0.42 57% F 48% F
EV/EBITDA 0.09 100% A+ 95% A
Management Effectiveness  
Return on Equity 107.31% 95% A 99% A+
Return on Invested Capital 90.27% 100% A+ 97% A+
Return on Assets 35.13% 100% A+ 100% A+
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Dividend Yield N/A N/A N/A N/A N/A
Short Ratio 2.25 67% D+ 61% D-
Short Percent 11.35% 14% F 15% F
Beta 3.95 6% F 1% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.