Canoo Return On Asset vs. Revenue
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For Canoo profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Canoo to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Canoo Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Canoo's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Canoo Inc over time as well as its relative position and ranking within its peers.
Canoo |
Is Automobile Manufacturers space 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.
Earnings Share (1.72) | Revenue Per Share 0.032 | Quarterly Revenue Growth 0.717 | Return On Assets (0.25) | Return On Equity (0.73) |
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 if Canoo is a good investment 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.
Canoo Inc Revenue vs. Return On Asset Fundamental Analysis
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. Canoo Inc is rated # 5 in return on asset category among its peers. It is rated # 4 in revenue category among its peers . At this time, Canoo's Total Revenue is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Canoo by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Canoo Revenue vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Canoo |
| = | -0.25 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Canoo |
| = | 886 K |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Canoo Revenue vs Competition
Canoo Inc is rated # 4 in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is currently estimated at about 7.41 Billion. Canoo adds roughly 886,000 in revenue claiming only tiny portion of stocks in Consumer Discretionary industry.
Canoo Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Canoo, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Canoo will eventually generate negative long term returns. The profitability progress is the general direction of Canoo's change in net profit over the period of time. It can combine multiple indicators of Canoo, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -6.4 M | -6.8 M | |
| Net Loss | -438.9 M | -417 M | |
| Net Interest Income | -6.8 M | -7.2 M | |
| Operating Income | -267.8 M | -281.2 M | |
| Net Loss | -353.8 M | -371.5 M | |
| Income Before Tax | -302 M | -317.1 M | |
| Total Other Income Expense Net | -34.2 M | -32.5 M | |
| Net Loss | -302 M | -317.1 M | |
| Income Tax Expense | 1.00 | 1.05 | |
| Non Operating Income Net Other | -1.3 M | -1.2 M | |
| Change To Netincome | 77.7 M | 81.5 M | |
| Net Loss | (12.06) | (12.66) | |
| Income Quality | 0.83 | 1.02 | |
| Net Income Per E B T | 1.10 | 1.02 |
Canoo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Canoo. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Canoo position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Canoo's important profitability drivers and their relationship over time.
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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.