Canoo Holdings Stock Market Capitalization
GOEVW Stock | USD 0.02 0.0006 2.68% |
Canoo Holdings fundamentals help investors to digest information that contributes to Canoo Holdings' 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 Holdings' 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 Holdings stock.
Last Reported | Projected for Next Year | ||
Market Cap | 148.3 M | 140.9 M |
Canoo | Market Capitalization |
Canoo Holdings Company Market Capitalization Analysis
Canoo Holdings' Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Current Canoo Holdings Market Capitalization | 2.25 B |
Most of Canoo Holdings' fundamental indicators, such as Market Capitalization, 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 Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Canoo Market Capitalization Driver Correlations
Understanding the fundamental principles of building solid financial models for Canoo Holdings is extremely important. It helps to project a fair market value of Canoo Stock properly, considering its historical fundamentals such as Market Capitalization. Since Canoo Holdings' 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 Holdings' 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 Holdings' interrelated accounts and indicators.
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Canoo Market Capitalization Historical Pattern
Today, most investors in Canoo Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Canoo Holdings' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's market capitalization growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Canoo Holdings market capitalization as a starting point in their analysis.
Canoo Holdings Market Capitalization |
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In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
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Canoo Long Term Debt To Capitalization
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Based on the recorded statements, the market capitalization of Canoo Holdings is about 2.25 B. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The market capitalization for all United States stocks is notably lower than that of the firm.
Canoo Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canoo Holdings' direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canoo Holdings could also be used in its relative valuation, which is a method of valuing Canoo Holdings by comparing valuation metrics of similar companies.Canoo Holdings is currently under evaluation in market capitalization category among its peers.
Canoo Holdings Current Valuation Drivers
We derive many important indicators used in calculating different scores of Canoo Holdings from analyzing Canoo Holdings' financial statements. These drivers represent accounts that assess Canoo Holdings' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canoo Holdings' important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 381.2M | 1.5B | 1.8B | 331.8M | 148.3M | 140.9M | |
Enterprise Value | 452.3M | 841.0M | 1.5B | 368.7M | 228.0M | 216.6M |
Canoo Fundamentals
Return On Equity | -0.73 | ||||
Return On Asset | -0.25 | ||||
Operating Margin | (48.41) % | ||||
Number Of Shares Shorted | 35.96 K | ||||
Revenue | 886 K | ||||
EBITDA | (282.64 M) | ||||
Net Income | (302.02 M) | ||||
Cash And Equivalents | 148.84 M | ||||
Cash Per Share | 5.71 X | ||||
Total Debt | 89.99 M | ||||
Debt To Equity | 0.13 % | ||||
Current Ratio | 10.22 X | ||||
Book Value Per Share | 2.44 X | ||||
Cash Flow From Operations | (251.13 M) | ||||
Number Of Employees | 651 | ||||
Beta | 1.29 | ||||
Market Capitalization | 2.25 B | ||||
Total Asset | 542 M | ||||
Retained Earnings | (1.48 B) | ||||
Working Capital | (165.96 M) | ||||
Net Asset | 542 M |
About Canoo Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canoo Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canoo Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canoo Holdings 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Canoo Stock Analysis
When running Canoo Holdings' price analysis, check to measure Canoo Holdings' 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 Holdings is operating at the current time. Most of Canoo Holdings' value examination focuses on studying past and present price action to predict the probability of Canoo Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canoo Holdings' price. Additionally, you may evaluate how the addition of Canoo Holdings to your portfolios can decrease your overall portfolio volatility.