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CANAAN INC (CAN) Stock Fundamental Analysis

USA - NASDAQ:CAN - US1347481020 - ADR

0.892 USD
-0.08 (-8.04%)
Last: 11/14/2025, 8:00:01 PM
0.929 USD
+0.04 (+4.15%)
After Hours: 11/14/2025, 8:00:01 PM
Fundamental Rating

3

CAN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 35 industry peers in the Technology Hardware, Storage & Peripherals industry. Both the profitability and financial health of CAN have multiple concerns. CAN is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

CAN had negative earnings in the past year.
In multiple years CAN reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: CAN reported negative operating cash flow in multiple years.
CAN Yearly Net Income VS EBIT VS OCF VS FCFCAN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M -400M

1.2 Ratios

The Return On Assets of CAN (-44.93%) is worse than 80.00% of its industry peers.
CAN has a Return On Equity (-82.10%) which is in line with its industry peers.
Industry RankSector Rank
ROA -44.93%
ROE -82.1%
ROIC N/A
ROA(3y)-42.47%
ROA(5y)-22.42%
ROE(3y)-67.02%
ROE(5y)-38.23%
ROIC(3y)N/A
ROIC(5y)N/A
CAN Yearly ROA, ROE, ROICCAN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100 -150

1.3 Margins

CAN does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
CAN Yearly Profit, Operating, Gross MarginsCAN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100 -150

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3

2. Health

2.1 Basic Checks

CAN does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CAN has more shares outstanding
Compared to 5 years ago, CAN has more shares outstanding
The debt/assets ratio for CAN is higher compared to a year ago.
CAN Yearly Shares OutstandingCAN Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
CAN Yearly Total Debt VS Total AssetsCAN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

2.2 Solvency

CAN has an Altman-Z score of -0.29. This is a bad value and indicates that CAN is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -0.29, CAN is not doing good in the industry: 65.71% of the companies in the same industry are doing better.
CAN has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
CAN has a better Debt to Equity ratio (0.06) than 71.43% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF N/A
Altman-Z -0.29
ROIC/WACCN/A
WACC8.6%
CAN Yearly LT Debt VS Equity VS FCFCAN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M

2.3 Liquidity

A Current Ratio of 1.78 indicates that CAN should not have too much problems paying its short term obligations.
The Current ratio of CAN (1.78) is better than 65.71% of its industry peers.
A Quick Ratio of 1.32 indicates that CAN should not have too much problems paying its short term obligations.
CAN has a Quick ratio of 1.32. This is in the better half of the industry: CAN outperforms 65.71% of its industry peers.
Industry RankSector Rank
Current Ratio 1.78
Quick Ratio 1.32
CAN Yearly Current Assets VS Current LiabilitesCAN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

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6

3. Growth

3.1 Past

The earnings per share for CAN have decreased strongly by -90.08% in the last year.
CAN shows a strong growth in Revenue. In the last year, the Revenue has grown by 82.69%.
CAN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.48% yearly.
EPS 1Y (TTM)-90.08%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-1700%
Revenue 1Y (TTM)82.69%
Revenue growth 3Y-29.66%
Revenue growth 5Y5.48%
Sales Q2Q%39.45%

3.2 Future

Based on estimates for the next years, CAN will show a very strong growth in Earnings Per Share. The EPS will grow by 27.80% on average per year.
CAN is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 43.57% yearly.
EPS Next Y-238.12%
EPS Next 2Y81.68%
EPS Next 3Y27.8%
EPS Next 5YN/A
Revenue Next Year79.28%
Revenue Next 2Y64.3%
Revenue Next 3Y43.57%
Revenue Next 5YN/A

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
CAN Yearly Revenue VS EstimatesCAN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
CAN Yearly EPS VS EstimatesCAN Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 0 0.5 -0.5 -1 -1.5

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3

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for CAN. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 1.48, the valuation of CAN can be described as very cheap.
100.00% of the companies in the same industry are more expensive than CAN, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, CAN is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 1.48
CAN Price Earnings VS Forward Price EarningsCAN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
CAN Per share dataCAN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -1 -2

4.3 Compensation for Growth

A more expensive valuation may be justified as CAN's earnings are expected to grow with 27.80% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y81.68%
EPS Next 3Y27.8%

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0

5. Dividend

5.1 Amount

CAN does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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CANAAN INC

NASDAQ:CAN (11/14/2025, 8:00:01 PM)

After market: 0.929 +0.04 (+4.15%)

0.892

-0.08 (-8.04%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)08-14 2025-08-14/bmo
Earnings (Next)11-18 2025-11-18/bmo
Inst Owners18.17%
Inst Owner Change-18.12%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap410.64M
Revenue(TTM)346.00M
Net Income(TTM)-266.00M
Analysts80
Price Target3 (236.32%)
Short Float %133.02%
Short Ratio0.67
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1530.64%
Min EPS beat(2)-2626.58%
Max EPS beat(2)-434.71%
EPS beat(4)1
Avg EPS beat(4)-855.04%
Min EPS beat(4)-2626.58%
Max EPS beat(4)75.8%
EPS beat(8)3
Avg EPS beat(8)-445.81%
EPS beat(12)4
Avg EPS beat(12)-312.22%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-8.61%
Min Revenue beat(2)-9.04%
Max Revenue beat(2)-8.17%
Revenue beat(4)2
Avg Revenue beat(4)-3.71%
Min Revenue beat(4)-9.04%
Max Revenue beat(4)2.33%
Revenue beat(8)6
Avg Revenue beat(8)11.01%
Revenue beat(12)7
Avg Revenue beat(12)6.12%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)18.73%
PT rev (3m)12.26%
EPS NQ rev (1m)-600%
EPS NQ rev (3m)50.82%
EPS NY rev (1m)-61.11%
EPS NY rev (3m)-26.09%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)-15.52%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-17.31%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 1.48
P/S 1.19
P/FCF N/A
P/OCF N/A
P/B 1.27
P/tB 1.58
EV/EBITDA N/A
EPS(TTM)-2.26
EYN/A
EPS(NY)0.6
Fwd EY67.37%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS0.75
BVpS0.7
TBVpS0.56
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -44.93%
ROE -82.1%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-42.47%
ROA(5y)-22.42%
ROE(3y)-67.02%
ROE(5y)-38.23%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-ScoreN/A
Asset Turnover0.58
Health
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.78
Quick Ratio 1.32
Altman-Z -0.29
F-ScoreN/A
WACC8.6%
ROIC/WACCN/A
Cap/Depr(3y)38.45%
Cap/Depr(5y)94.83%
Cap/Sales(3y)3.6%
Cap/Sales(5y)2.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-90.08%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-1700%
EPS Next Y-238.12%
EPS Next 2Y81.68%
EPS Next 3Y27.8%
EPS Next 5YN/A
Revenue 1Y (TTM)82.69%
Revenue growth 3Y-29.66%
Revenue growth 5Y5.48%
Sales Q2Q%39.45%
Revenue Next Year79.28%
Revenue Next 2Y64.3%
Revenue Next 3Y43.57%
Revenue Next 5YN/A
EBIT growth 1Y40.68%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year115.6%
EBIT Next 3Y36.06%
EBIT Next 5YN/A
FCF growth 1Y-71.24%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-60.48%
OCF growth 3YN/A
OCF growth 5YN/A

CANAAN INC / CAN FAQ

What is the fundamental rating for CAN stock?

ChartMill assigns a fundamental rating of 3 / 10 to CAN.


Can you provide the valuation status for CANAAN INC?

ChartMill assigns a valuation rating of 3 / 10 to CANAAN INC (CAN). This can be considered as Overvalued.


Can you provide the profitability details for CANAAN INC?

CANAAN INC (CAN) has a profitability rating of 1 / 10.


Can you provide the expected EPS growth for CAN stock?

The Earnings per Share (EPS) of CANAAN INC (CAN) is expected to decline by -238.12% in the next year.