CannaGlobal Acquisition Corp Valuation
| CNGLUDelisted Stock | USD 10.92 0.00 0.00% |
At this time, the firm appears to be overvalued. CannaGlobal Acquisition shows a prevailing Real Value of $9.21 per share. The current price of the firm is $10.92. Our model approximates the value of CannaGlobal Acquisition from analyzing the firm fundamentals such as Return On Asset of -0.0428, cash and equivalents of 36.03 K, and EBITDA of (1.34 M) as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that CannaGlobal Acquisition's price fluctuation is very steady at this time. Calculation of the real value of CannaGlobal Acquisition is based on 3 months time horizon. Increasing CannaGlobal Acquisition's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
CannaGlobal Acquisition's intrinsic value may or may not be the same as its current market price of 10.92, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 10.92 | Real 9.21 | Hype 10.92 | Naive 11.07 |
The intrinsic value of CannaGlobal Acquisition's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence CannaGlobal Acquisition's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of CannaGlobal Acquisition Corp helps investors to forecast how CannaGlobal stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of CannaGlobal Acquisition more accurately as focusing exclusively on CannaGlobal Acquisition's fundamentals will not take into account other important factors: CannaGlobal Acquisition Total Value Analysis
CannaGlobal Acquisition Corp is currently expected to have takeover price of 86.84 M with market capitalization of 86.84 M, debt of 2.01 M, and cash on hands of 36.03 K. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the CannaGlobal Acquisition fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
86.84 M | 86.84 M | 2.01 M | 36.03 K |
CannaGlobal Acquisition Asset Utilization
One of the ways to look at asset utilization of CannaGlobal is to check how much profit was generated for every dollar of assets it reports. CannaGlobal Acquisition Corp shows a negative utilization of assets of -0.0428 percent, losing $4.28E-4 for each dollar of assets held by the firm. Inadequate asset utilization signifies that the company is being less effective with each dollar of assets it shows. Put another way, asset utilization of CannaGlobal Acquisition Corp shows how discouraging it operates for each dollar spent on its assets.CannaGlobal Acquisition Profitability Analysis
Net Loss for the year was (348.23 K) with profit before overhead, payroll, taxes, and interest of 0.About CannaGlobal Acquisition Valuation
The delisted stock valuation mechanism determines CannaGlobal Acquisition's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of CannaGlobal Acquisition based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of CannaGlobal Acquisition. We calculate exposure to CannaGlobal Acquisition's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of CannaGlobal Acquisition's related companies.Canna-Global Acquisition Corp intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. The company was incorporated in 2021 and is based in Marina Del Rey, California. Canna-Global Acquisition is traded on NASDAQ Exchange in the United States.
CannaGlobal Acquisition Growth Indicators
Investing in growth stocks can be very risky. If the company such as CannaGlobal Acquisition does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 8.9 M | |
| Quarterly Earnings Growth Y O Y | -0.853 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Consideration for investing in CannaGlobal Stock
If you are still planning to invest in CannaGlobal Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CannaGlobal Acquisition's history and understand the potential risks before investing.
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