CAN:NSD-Canaan Inc (USD)

COMMON STOCK | Computer Hardware |

Last Closing

USD 1.11

Change

+0.04 (+3.74)%

Market Cap

USD 0.26B

Volume

3.31M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Canaan Inc. engages in the research, design, and sale of integrated circuits (IC), and lease of final mining equipment by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts; and distribution of artificial intelligence products, as well as mining business. The company has operations in the United States, Australia, Kazakhstan, Canada, Indonesia, Mainland China, Malaysia, Thailand, Cyprus, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-19 )

Largest Industry Peers for Computer Hardware

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NNDM Nano Dimension Ltd

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ETFs Containing CAN

DAM 8.69 % 0.00 %

N/A

N/A
CBCX:CA CI Galaxy Blockchain Inde.. 4.51 % 0.00 %

N/A

CAD 3.59M
NFTZ 4.19 % 0.00 %

N/A

N/A
FDIG Fidelity® Crypto Industr.. 2.72 % 0.00 %

+0.36 (+5.01%)

USD 0.09B
BKCH Global X Blockchain ETF 0.00 % 0.00 %

+1.26 (+5.01%)

USD 0.14B
BKCH Global X Blockchain ETF 0.00 % 0.00 %

+1.26 (+5.01%)

USD 0.14B
BKCG:LSE Global X Blockchain UCITS.. 0.00 % 0.00 %

+0.29 (+5.01%)

USD 0.02B
BKCH:LSE Global X Blockchain UCITS.. 0.00 % 0.00 %

+0.42 (+5.01%)

N/A

Market Performance

  Market Performance vs. Industry/Classification (Computer Hardware) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -52.05% 17% F 15% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -52.05% 17% F 15% F
Trailing 12 Months  
Capital Gain -37.99% 27% F 22% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -37.99% 27% F 22% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 28.20% 77% C+ 83% B
Dividend Return 28.20% 73% C 82% B
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 157.72% 23% F 11% F
Risk Adjusted Return 17.88% 50% F 53% F
Market Capitalization 0.26B 59% D- 51% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector