Canoo Inc Stock Year To Date Return
GOEV Stock | USD 1.35 0.16 10.60% |
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.
Canoo | Year To Date Return |
Canoo Inc Company Year To Date Return Analysis
Canoo's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Canoo Year To Date Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Canoo is extremely important. It helps to project a fair market value of Canoo Stock properly, considering its historical fundamentals such as Year To Date Return. Since Canoo's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Canoo's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Canoo's interrelated accounts and indicators.
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Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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Canoo Return On Tangible Assets
Return On Tangible Assets |
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According to the company's disclosures, Canoo Inc has a Year To Date Return of 0.0%. This indicator is about the same for the Automobiles average (which is currently at 0.0) sector and about the same as Consumer Discretionary (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Canoo Year To Date Return 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 Year To Date Return 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 year to date return category among its peers.
Canoo Current Valuation Drivers
We derive many important indicators used in calculating different scores of Canoo from analyzing Canoo's financial statements. These drivers represent accounts that assess Canoo's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canoo's important valuation drivers and their relationship over time.
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Market Cap | 1.5B | 1.8B | 331.8M | 148.3M | 170.6M | 162.0M | |
Enterprise Value | 841.0M | 1.5B | 368.7M | 228.0M | 262.2M | 249.1M |
Canoo Fundamentals
Return On Equity | -0.73 | ||||
Return On Asset | -0.25 | ||||
Operating Margin | (48.41) % | ||||
Current Valuation | 108.28 M | ||||
Shares Outstanding | 14.49 M | ||||
Shares Owned By Insiders | 1.33 % | ||||
Shares Owned By Institutions | 7.08 % | ||||
Number Of Shares Shorted | 1.04 M | ||||
Price To Book | 0.10 X | ||||
Price To Sales | 12.28 X | ||||
Revenue | 886 K | ||||
Gross Profit | (1.62 M) | ||||
EBITDA | (282.64 M) | ||||
Net Income | (302.02 M) | ||||
Cash And Equivalents | 36.48 M | ||||
Cash Per Share | 0.13 X | ||||
Total Debt | 89.99 M | ||||
Debt To Equity | 0.14 % | ||||
Current Ratio | 0.39 X | ||||
Book Value Per Share | 2.44 X | ||||
Cash Flow From Operations | (251.13 M) | ||||
Short Ratio | 0.17 X | ||||
Earnings Per Share | (32.88) X | ||||
Target Price | 42.5 | ||||
Number Of Employees | 651 | ||||
Beta | 1.29 | ||||
Market Capitalization | 22.89 M | ||||
Total Asset | 542 M | ||||
Retained Earnings | (1.48 B) | ||||
Working Capital | (165.96 M) | ||||
Net Asset | 542 M |
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.
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Additional Tools for Canoo Stock Analysis
When running Canoo's 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 the 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.