Canoo Holdings Stock Profit Margin

GOEVW Stock  USD 0.02  0  15.00%   
Canoo Holdings fundamentals help investors to digest information that contributes to Canoo Holdings' financial success or failures. It also enables traders to predict the movement of Canoo Stock. The fundamental analysis module provides a way to measure Canoo Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canoo Holdings stock.
Last ReportedProjected for Next Year
Net Loss(392.01)(372.41)
Pretax Profit Margin is likely to climb to -372.41 in 2024. Operating Profit Margin is likely to drop to -365 in 2024.
  
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Canoo Holdings Company Profit Margin Analysis

Canoo Holdings' Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.

Current Canoo Holdings Profit Margin

    
  -372.41  
Most of Canoo Holdings' fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canoo Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Canoo Profit Margin Driver Correlations

Understanding the fundamental principles of building solid financial models for Canoo Holdings is extremely important. It helps to project a fair market value of Canoo Stock properly, considering its historical fundamentals such as Profit Margin. Since Canoo Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Canoo Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Canoo Holdings' interrelated accounts and indicators.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Competition

Canoo Pretax Profit Margin

Pretax Profit Margin

(372.41)

At this time, Canoo Holdings' Pretax Profit Margin is fairly stable compared to the past year.

Canoo Profit Margin Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canoo Holdings' direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canoo Holdings could also be used in its relative valuation, which is a method of valuing Canoo Holdings by comparing valuation metrics of similar companies.
Canoo Holdings is currently under evaluation in profit margin category among its peers.

Canoo Holdings Current Valuation Drivers

We derive many important indicators used in calculating different scores of Canoo Holdings from analyzing Canoo Holdings' financial statements. These drivers represent accounts that assess Canoo Holdings' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canoo Holdings' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap381.2M1.5B1.8B331.8M148.3M140.9M
Enterprise Value452.3M841.0M1.5B368.7M228.0M216.6M

Canoo Fundamentals

About Canoo Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Canoo Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canoo Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canoo Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Canoo Stock Analysis

When running Canoo Holdings' price analysis, check to measure Canoo Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canoo Holdings is operating at the current time. Most of Canoo Holdings' value examination focuses on studying past and present price action to predict the probability of Canoo Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canoo Holdings' price. Additionally, you may evaluate how the addition of Canoo Holdings to your portfolios can decrease your overall portfolio volatility.