Canaan Inc
NASDAQ:CAN

Watchlist Manager
Canaan Inc Logo
Canaan Inc
NASDAQ:CAN
Watchlist
Price: 2.12 USD -9.4% Market Closed
Market Cap: 9.6B USD
Have any thoughts about
Canaan Inc?
Write Note

Relative Value

The Relative Value of one CAN stock under the Base Case scenario is 0.52 USD. Compared to the current market price of 2.12 USD, Canaan Inc is Overvalued by 76%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CAN Relative Value
Base Case
0.52 USD
Overvaluation 76%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
39
vs Industry
57
Median 3Y
27.6
Median 5Y
42
Industry
2.4
Forward
36.5
vs History
vs Industry
23
Median 3Y
-10.7
Median 5Y
-20
Industry
23.2
Forward
-62.4
vs History
vs Industry
45
Median 3Y
-39.9
Median 5Y
-212.8
Industry
17.5
vs History
vs Industry
38
Median 3Y
-37.8
Median 5Y
-63.4
Industry
21.2
vs History
49
vs Industry
74
Median 3Y
22.2
Median 5Y
28.9
Industry
2.9
vs History
39
vs Industry
62
Median 3Y
27.4
Median 5Y
41.7
Industry
2.4
Forward
36.2
vs History
vs Industry
26
Median 3Y
-18
Median 5Y
-18
Industry
4.9
vs History
vs Industry
13
Median 3Y
-12.4
Median 5Y
-20.5
Industry
13.1
Forward
-74.4
vs History
vs Industry
15
Median 3Y
-11.3
Median 5Y
-23.9
Industry
16.7
Forward
-46.4
vs History
vs Industry
42
Median 3Y
-39.5
Median 5Y
-211.6
Industry
16.5
vs History
vs Industry
37
Median 3Y
-37.5
Median 5Y
-205.5
Industry
19.1
vs History
61
vs Industry
78
Median 3Y
22.8
Median 5Y
30.4
Industry
2.5

Multiples Across Competitors

CAN Competitors Multiples
Canaan Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
Canaan Inc
NASDAQ:CAN
9.6B USD 45.5 -23.2 -27.1 -24.7
US
Apple Inc
NASDAQ:AAPL
3.7T USD 9.4 39.1 27.4 30
KR
Samsung Electronics Co Ltd
KRX:005930
387.2T KRW 1.3 12.1 4.3 10.3
CN
Xiaomi Corp
HKEX:1810
824.5B HKD 2.4 40.1 33.2 33.2
US
Dell Technologies Inc
NYSE:DELL
85.1B USD 0.9 20.8 10.7 16.4
TW
Quanta Computer Inc
TWSE:2382
1.1T TWD 0.9 21 16.7 20.1
US
HP Inc
NYSE:HPQ
31.6B USD 0.6 11.4 7.3 8.7
JP
Canon Inc
TSE:7751
4.8T JPY 1.1 15.9 6.7 10.6
US
Hewlett Packard Enterprise Co
NYSE:HPE
28.9B USD 1 11.3 5.6 11.4
JP
Fujifilm Holdings Corp
TSE:4901
4T JPY 1.3 16.7 9.4 14.5
US
NetApp Inc
NASDAQ:NTAP
23.8B USD 3.7 20.7 13.7 16.2
P/E Multiple
Earnings Growth PEG
CN
Canaan Inc
NASDAQ:CAN
Average P/E: 20.9
Negative Multiple: -23.2
N/A N/A
US
Apple Inc
NASDAQ:AAPL
39.1
15%
2.6
KR
Samsung Electronics Co Ltd
KRX:005930
12.1
52%
0.2
CN
Xiaomi Corp
HKEX:1810
40.1
21%
1.9
US
Dell Technologies Inc
NYSE:DELL
20.8
33%
0.6
TW
Quanta Computer Inc
TWSE:2382
21
29%
0.7
US
HP Inc
NYSE:HPQ
11.4
11%
1
JP
Canon Inc
TSE:7751
15.9
13%
1.2
US
Hewlett Packard Enterprise Co
NYSE:HPE
11.3
7%
1.6
JP
Fujifilm Holdings Corp
TSE:4901
16.7
9%
1.9
US
NetApp Inc
NASDAQ:NTAP
20.7
22%
0.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
Canaan Inc
NASDAQ:CAN
Average EV/EBITDA: 13.5
Negative Multiple: -27.1
N/A N/A
US
Apple Inc
NASDAQ:AAPL
27.4
10%
2.7
KR
Samsung Electronics Co Ltd
KRX:005930
4.3
31%
0.1
CN
Xiaomi Corp
HKEX:1810
33.2
29%
1.1
US
Dell Technologies Inc
NYSE:DELL
10.7
15%
0.7
TW
Quanta Computer Inc
TWSE:2382
16.7
31%
0.5
US
HP Inc
NYSE:HPQ
7.3
0%
N/A
JP
Canon Inc
TSE:7751
6.7
8%
0.8
US
Hewlett Packard Enterprise Co
NYSE:HPE
5.6
9%
0.6
JP
Fujifilm Holdings Corp
TSE:4901
9.4
14%
0.7
US
NetApp Inc
NASDAQ:NTAP
13.7
17%
0.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
Canaan Inc
NASDAQ:CAN
Average EV/EBIT: 17.1
Negative Multiple: -24.7
N/A N/A
US
Apple Inc
NASDAQ:AAPL
30
10%
3
KR
Samsung Electronics Co Ltd
KRX:005930
10.3
99%
0.1
CN
Xiaomi Corp
HKEX:1810
33.2
34%
1
US
Dell Technologies Inc
NYSE:DELL
16.4
22%
0.7
TW
Quanta Computer Inc
TWSE:2382
20.1
35%
0.6
US
HP Inc
NYSE:HPQ
8.7
3%
2.9
JP
Canon Inc
TSE:7751
10.6
N/A N/A
US
Hewlett Packard Enterprise Co
NYSE:HPE
11.4
17%
0.7
JP
Fujifilm Holdings Corp
TSE:4901
14.5
N/A N/A
US
NetApp Inc
NASDAQ:NTAP
16.2
20%
0.8