Canaan Inc
NASDAQ:CAN

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Canaan Inc
NASDAQ:CAN
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Price: 0.778 USD -0.26% Market Closed
Market Cap: 358.2m USD

Relative Value

The Relative Value of one CAN stock under the Base Case scenario is 5.641 USD. Compared to the current market price of 0.778 USD, Canaan Inc is Undervalued by 86%.

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
5.641 USD
Undervaluation 86%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
90
vs Industry
59
Median 3Y
2.4
Median 5Y
2.9
Industry
2.4
Forward
0.7
vs History
vs Industry
23
Median 3Y
-1.6
Median 5Y
-1.5
Industry
22.5
Forward
-0.7
vs History
vs Industry
45
Median 3Y
-2.6
Median 5Y
-4.2
Industry
16.2
vs History
vs Industry
38
Median 3Y
-2.5
Median 5Y
-4
Industry
20.8
vs History
92
vs Industry
75
Median 3Y
1.8
Median 5Y
2.3
Industry
3
vs History
90
vs Industry
64
Median 3Y
2.4
Median 5Y
2.6
Industry
2.4
Forward
0.7
vs History
vs Industry
26
Median 3Y
-5.9
Median 5Y
-2.6
Industry
4.9
vs History
vs Industry
13
Median 3Y
-2.3
Median 5Y
-2
Industry
12.3
Forward
-100.6
vs History
vs Industry
15
Median 3Y
-1.9
Median 5Y
-1.8
Industry
15.8
Forward
-4.1
vs History
vs Industry
42
Median 3Y
-2.6
Median 5Y
-4
Industry
14.8
vs History
vs Industry
37
Median 3Y
-2.5
Median 5Y
-3.8
Industry
17.4
vs History
90
vs Industry
79
Median 3Y
1.4
Median 5Y
2.1
Industry
2.4

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
357.9m USD 1 -1.3 -2.7 -2.2
US
Apple Inc
NASDAQ:AAPL
4T USD 9.7 35.9 28 30.5
KR
Samsung Electronics Co Ltd
KRX:005930
693.7T KRW 2.2 21.3 7.9 20
CN
Xiaomi Corp
HKEX:1810
1.1T HKD 2.1 21.6 24.5 24.5
US
Dell Technologies Inc
NYSE:DELL
82.7B USD 0.8 15.5 12.8 12.8
IE
Seagate Technology Holdings PLC
NASDAQ:STX
62.2B USD 6.5 36.3 25.9 28.9
US
Western Digital Corp
NASDAQ:WDC
59.9B USD 5 23.8 18.4 21.1
SG
Seagate Technology Holdings PLC
XBER:847
53.5B EUR 6.6 36.6 26.1 29.2
US
SanDisk Corp
NASDAQ:SNDK
32.3B USD 0 0 0 0
TW
Quanta Computer Inc
TWSE:2382
1T TWD 0.5 14.9 13.7 15.6
US
Hewlett Packard Enterprise Co
NYSE:HPE
31.4B USD 0.9 -531.6 9.9 26.4
P/E Multiple
Earnings Growth PEG
CN
Canaan Inc
NASDAQ:CAN
Average P/E: 25.7
Negative Multiple: -1.3
N/A N/A
US
Apple Inc
NASDAQ:AAPL
35.9
11%
3.3
KR
Samsung Electronics Co Ltd
KRX:005930
21.3
30%
0.7
CN
Xiaomi Corp
HKEX:1810
21.6
39%
0.6
US
Dell Technologies Inc
NYSE:DELL
15.5
25%
0.6
IE
Seagate Technology Holdings PLC
NASDAQ:STX
36.3
33%
1.1
US
Western Digital Corp
NASDAQ:WDC
23.8
26%
0.9
SG
S
Seagate Technology Holdings PLC
XBER:847
36.6
33%
1.1
US
S
SanDisk Corp
NASDAQ:SNDK
Not Available N/A N/A
TW
Quanta Computer Inc
TWSE:2382
14.9
19%
0.8
US
Hewlett Packard Enterprise Co
NYSE:HPE
Negative Multiple: -531.6 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
Canaan Inc
NASDAQ:CAN
Average EV/EBITDA: 18.6
Negative Multiple: -2.7
N/A N/A
US
Apple Inc
NASDAQ:AAPL
28
9%
3.1
KR
Samsung Electronics Co Ltd
KRX:005930
7.9
20%
0.4
CN
Xiaomi Corp
HKEX:1810
24.5
38%
0.6
US
Dell Technologies Inc
NYSE:DELL
12.8
15%
0.9
IE
Seagate Technology Holdings PLC
NASDAQ:STX
25.9
32%
0.8
US
Western Digital Corp
NASDAQ:WDC
18.4
26%
0.7
SG
S
Seagate Technology Holdings PLC
XBER:847
26.1
32%
0.8
US
S
SanDisk Corp
NASDAQ:SNDK
Not Available
85%
N/A
TW
Quanta Computer Inc
TWSE:2382
13.7
24%
0.6
US
Hewlett Packard Enterprise Co
NYSE:HPE
9.9
27%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
Canaan Inc
NASDAQ:CAN
Average EV/EBIT: 23.2
Negative Multiple: -2.2
N/A N/A
US
Apple Inc
NASDAQ:AAPL
30.5
10%
3
KR
Samsung Electronics Co Ltd
KRX:005930
20
38%
0.5
CN
Xiaomi Corp
HKEX:1810
24.5
44%
0.6
US
Dell Technologies Inc
NYSE:DELL
12.8
21%
0.6
IE
Seagate Technology Holdings PLC
NASDAQ:STX
28.9
32%
0.9
US
Western Digital Corp
NASDAQ:WDC
21.1
31%
0.7
SG
S
Seagate Technology Holdings PLC
XBER:847
29.2
32%
0.9
US
S
SanDisk Corp
NASDAQ:SNDK
Not Available
100%
N/A
TW
Quanta Computer Inc
TWSE:2382
15.6
27%
0.6
US
Hewlett Packard Enterprise Co
NYSE:HPE
26.4
53%
0.5