Canoo Valuation
| GOEV Stock | USD 0.37 0.03 7.50% |
Canoo seems to be undervalued based on Macroaxis valuation methodology. Our model approximates the value of Canoo Inc from analyzing the firm fundamentals such as Return On Equity of -0.73, shares outstanding of 103.97 M, and Operating Margin of (48.41) % as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Canoo's valuation include:
Price Book 0.179 | Enterprise Value 124.6 M | Enterprise Value Ebitda (0.80) | Price Sales 20.4753 | Enterprise Value Revenue 66.8326 |
Undervalued
Today
Please note that Canoo's price fluctuation is abnormally volatile at this time. Calculation of the real value of Canoo Inc is based on 3 months time horizon. Increasing Canoo's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Canoo stock is determined by what a typical buyer is willing to pay for full or partial control of Canoo Inc. Since Canoo is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Canoo Stock. However, Canoo's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.37 | Real 1.05 | Target 3.11 | Hype 0.35 |
The intrinsic value of Canoo's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Canoo's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Canoo Inc helps investors to forecast how Canoo stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Canoo more accurately as focusing exclusively on Canoo's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Canoo's intrinsic value based on its ongoing forecasts of Canoo's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Canoo's closest peers.
Canoo Cash |
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Canoo Valuation Trend
Analysing the historical paterns of Canoo's enterprise value and its market capitalization is a good way to estimate and gauge the value of Canoo Inc over time and is usually enough for investors to make rational market timing decisions.
Canoo Total Value Analysis
Canoo Inc is currently forecasted to have valuation of 124.58 M with market capitalization of 38.17 M, debt of 89.99 M, and cash on hands of 36.48 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Canoo fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
124.58 M | 38.17 M | 89.99 M | 36.48 M |
Canoo Investor Information
About 21.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.18. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canoo Inc recorded a loss per share of 1.72. The entity had not issued any dividends in recent years. The firm had 1:23 split on the 8th of March 2024. Based on the analysis of Canoo's profitability, liquidity, and operating efficiency, Canoo Inc is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December.Canoo Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Canoo has an asset utilization ratio of 0.16 percent. This indicates that the Company is making $0.001635 for each dollar of assets. An increasing asset utilization means that Canoo Inc is more efficient with each dollar of assets it utilizes for everyday operations.Canoo Ownership Allocation
Canoo holds a total of 103.97 Million outstanding shares. Canoo Inc shows 4.0 percent of its outstanding shares held by insiders and 21.0 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.Canoo Profitability Analysis
The company reported the previous year's revenue of 886 K. Net Loss for the year was (302.02 M) with profit before overhead, payroll, taxes, and interest of 1.88 M.About Canoo Valuation
Our relative valuation model uses a comparative analysis of Canoo. We calculate exposure to Canoo's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Canoo's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | -15.3 M | -14.6 M | |
| Pretax Profit Margin | (392.01) | (372.41) | |
| Operating Profit Margin | (347.62) | (365.00) | |
| Net Loss | (392.01) | (372.41) | |
| Gross Profit Margin | (19.90) | (18.90) |
Canoo Growth Indicators
Investing in growth stocks can be very risky. If the company such as Canoo does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 25.1 M |
Canoo Current Valuation Indicators
Canoo's valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Canoo's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Canoo, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Canoo's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Canoo's worth.Additional Tools for Canoo Stock Analysis
When running Canoo's price analysis, check to measure Canoo's 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 is operating at the current time. Most of Canoo's value examination focuses on studying past and present price action to predict the probability of Canoo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canoo's price. Additionally, you may evaluate how the addition of Canoo to your portfolios can decrease your overall portfolio volatility.