Canoo Fundamentals

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 Stock
  

USD 1.40  0.04  2.78%   

Canoo Inc fundamentals help investors to digest information that contributes to Canoo's financial success or failures. It also enables traders to predict the movement of Canoo Stock. The fundamental analysis module provides a way to measure Canoo's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canoo stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Canoo Total Asset Analysis

Canoo's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Total Asset 
 = 
Tangible Assets 
Intangible Assets 
More About Total Asset | All Equity Analysis

Current Canoo Total Asset

    
  523.07 M  
Most of Canoo's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canoo Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Compare to competition

Based on the latest financial disclosure, Canoo Inc has a Total Asset of 523.07 M. This is 99.58% lower than that of the Automobiles sector and 99.99% lower than that of the Consumer Discretionary industry. The total asset for all United States stocks is 98.22% higher than that of the company.

Canoo Inc Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Canoo's current stock value. Our valuation model uses many indicators to compare Canoo value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canoo competition to find correlations between indicators driving Canoo's intrinsic value. More Info.
Canoo Inc is rated # 3 in short ratio category among related companies. It is rated # 2 in shares owned by insiders category among related companies making about  5.30  of Shares Owned by Insiders per Short Ratio. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Canoo by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Canoo's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Canoo's earnings, one of the primary drivers of an investment's value.

Canoo Cash per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canoo's direct or indirect competition against its Cash per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canoo could also be used in its relative valuation, which is a method of valuing Canoo by comparing valuation metrics of similar companies.
Canoo is currently under evaluation in cash per share category among related companies.

Canoo Fundamentals

About Canoo Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Canoo Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canoo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canoo Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Canoo Inc., a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California. Canoo operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs 805 people.

Canoo Implied Volatility

    
  143.76  
Canoo's implied volatility exposes the market's sentiment of Canoo Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Canoo's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Canoo stock will not fluctuate a lot when Canoo's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canoo in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canoo's short interest history, or implied volatility extrapolated from Canoo options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Canoo Inc using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Canoo Piotroski F Score and Canoo Altman Z Score analysis. Note that the Canoo Inc information on this page should be used as a complementary analysis to other Canoo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Canoo Stock analysis

When running Canoo Inc price analysis, check to measure Canoo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canoo is operating at the current time. Most of Canoo's value examination focuses on studying past and present price action to predict the probability of Canoo's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Canoo's price. Additionally, you may evaluate how the addition of Canoo to your portfolios can decrease your overall portfolio volatility.
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Is Canoo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canoo. If investors know Canoo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canoo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
492.1 M
Return On Assets
(0.67) 
Return On Equity
(1.58) 
The market value of Canoo Inc is measured differently than its book value, which is the value of Canoo that is recorded on the company's balance sheet. Investors also form their own opinion of Canoo's value that differs from its market value or its book value, called intrinsic value, which is Canoo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canoo's market value can be influenced by many factors that don't directly affect Canoo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canoo's value and its price as these two are different measures arrived at by different means. Investors typically determine Canoo value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canoo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.