CAN Valuation

Canaan Inc

Add to Watchlist

Advanced Chart

0.745

-0.015(-1.973%)1D

Overview
Forecast
Valuation
Earnings

CAN Relative Valuation

CAN's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, CAN is overvalued; if below, it's undervalued.

Historical Valuation

Canaan Inc (CAN) is now in the Undervalued zone, suggesting that its current forward PS ratio of 0.60 is considered Undervalued compared with the five-year average of -8.80. The fair price of Canaan Inc (CAN) is between 2.63 to 3.94 according to relative valuation methord. Compared to the current price of 0.74 USD , Canaan Inc is Undervalued By 71.69%.

Relative Value

Fair Zone

2.63-3.94

Current Price：0.74

71.69%

Undervalued

53.21

Trailing

Forward

4.16

EV/EBITDA

Canaan Inc. (CAN) has a current EV/EBITDA of 4.16. The 5-year average EV/EBITDA is 2.05. The thresholds are as follows: Strongly Undervalued below -22.86, Undervalued between -22.86 and -10.40, Fairly Valued between 14.51 and -10.40, Overvalued between 14.51 and 26.97, and Strongly Overvalued above 26.97. The current Forward EV/EBITDA of 4.16 falls within the Historic Trend Line -Fairly Valued range.

-10.06

EV/EBIT

Canaan Inc. (CAN) has a current EV/EBIT of -10.06. The 5-year average EV/EBIT is 2.58. The thresholds are as follows: Strongly Undervalued below -30.12, Undervalued between -30.12 and -13.77, Fairly Valued between 18.93 and -13.77, Overvalued between 18.93 and 35.27, and Strongly Overvalued above 35.27. The current Forward EV/EBIT of -10.06 falls within the Historic Trend Line -Fairly Valued range.

0.60

Canaan Inc. (CAN) has a current PS of 0.60. The 5-year average PS is 0.83. The thresholds are as follows: Strongly Undervalued below -0.49, Undervalued between -0.49 and 0.17, Fairly Valued between 1.49 and 0.17, Overvalued between 1.49 and 2.15, and Strongly Overvalued above 2.15. The current Forward PS of 0.60 falls within the Historic Trend Line -Fairly Valued range.

0.00

P/OCF

Canaan Inc. (CAN) has a current P/OCF of 0.00. The 5-year average P/OCF is 2.28. The thresholds are as follows: Strongly Undervalued below -10.81, Undervalued between -10.81 and -4.27, Fairly Valued between 8.82 and -4.27, Overvalued between 8.82 and 15.36, and Strongly Overvalued above 15.36. The current Forward P/OCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.

0.00

P/FCF

Canaan Inc. (CAN) has a current P/FCF of 0.00. The 5-year average P/FCF is 11.26. The thresholds are as follows: Strongly Undervalued below -66.25, Undervalued between -66.25 and -27.50, Fairly Valued between 50.01 and -27.50, Overvalued between 50.01 and 88.76, and Strongly Overvalued above 88.76. The current Forward P/FCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.

Canaan Inc (CAN) has a current Price-to-Book (P/B) ratio of 1.15. Compared to its 3-year average P/B ratio of 0.97 , the current P/B ratio is approximately 18.07% higher. Relative to its 5-year average P/B ratio of 4.17, the current P/B ratio is about -72.51% higher. Canaan Inc (CAN) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of -14.63%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of -7.58% , the current FCF yield is about -100.00% lower.

1.15

P/B

Median3y

0.97

Median5y

4.17

0.00

FCF Yield

Median3y

-14.63

Median5y

-7.58

Competitors Valuation Multiple

The average P/S ratio for CAN's competitors is 8.67, providing a benchmark for relative valuation. Canaan Inc Corp (CAN) exhibits a P/S ratio of 0.60, which is -93.05% above the industry average. Given its robust revenue growth of 39.45%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of CAN decreased by 19.20% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 71.86M to 100.21M.

The secondary factor is the P/E Change, contributed 22.42%to the performance.

Overall, the performance of CAN in the past 1 year is driven by Revenue Growth. Which is more sustainable.

39.45%

71.86M → 100.21M

Revenue Growth

-81.07%

-58.28 → -11.03

Margin Expansion

22.42%

-0.73 → -0.90

P/E Change

-19.20%